ITI Limited (ITI) - Net Assets
Based on the latest financial reports, ITI Limited (ITI) has net assets worth Rs19.51 Billion INR (≈ $210.95 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs93.47 Billion ≈ $1.01 Billion USD) and total liabilities (Rs73.96 Billion ≈ $799.84 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check ITI Limited tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs19.51 Billion |
| % of Total Assets | 20.87% |
| Annual Growth Rate | N/A |
| 5-Year Change | -25.21% |
| 10-Year Change | 84.13% |
| Growth Volatility | 39.21 |
ITI Limited - Net Assets Trend (2005–2026)
This chart illustrates how ITI Limited's net assets have evolved over time, based on quarterly financial data. See ITI Limited (ITI) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for ITI Limited (2005–2026)
The table below shows the annual net assets of ITI Limited from 2005 to 2026. For live valuation and market cap data, see ITI company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs19.51 Billion ≈ $210.95 Million |
+20.07% |
| 2025-03-31 | Rs16.25 Billion ≈ $175.69 Million |
-8.95% |
| 2024-03-31 | Rs17.84 Billion ≈ $192.97 Million |
-24.85% |
| 2023-03-31 | Rs23.74 Billion ≈ $256.78 Million |
-8.96% |
| 2022-03-31 | Rs26.08 Billion ≈ $282.04 Million |
+6.71% |
| 2021-03-31 | Rs24.44 Billion ≈ $264.32 Million |
+5.34% |
| 2020-03-31 | Rs23.20 Billion ≈ $250.92 Million |
+26.58% |
| 2019-03-31 | Rs18.33 Billion ≈ $198.24 Million |
+10.09% |
| 2018-03-31 | Rs16.65 Billion ≈ $180.08 Million |
+57.18% |
| 2017-03-31 | Rs10.59 Billion ≈ $114.57 Million |
+34.92% |
| 2016-03-31 | Rs7.85 Billion ≈ $84.92 Million |
+50.84% |
| 2015-03-31 | Rs5.21 Billion ≈ $56.30 Million |
-36.42% |
| 2014-03-31 | Rs8.19 Billion ≈ $88.55 Million |
-30.16% |
| 2013-03-31 | Rs11.72 Billion ≈ $126.79 Million |
-17.04% |
| 2012-03-31 | Rs14.13 Billion ≈ $152.83 Million |
-21.78% |
| 2011-03-31 | Rs18.07 Billion ≈ $195.38 Million |
-67.95% |
| 2010-03-31 | Rs56.37 Billion ≈ $609.67 Million |
+75.37% |
| 2009-03-31 | Rs32.15 Billion ≈ $347.65 Million |
-0.68% |
| 2008-03-31 | Rs32.37 Billion ≈ $350.04 Million |
-1.02% |
| 2007-03-31 | Rs32.70 Billion ≈ $353.64 Million |
+98.59% |
| 2006-03-31 | Rs16.47 Billion ≈ $178.07 Million |
+398.99% |
| 2005-03-31 | Rs-5.51 Billion ≈ $-59.56 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to ITI Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1358120000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs9.63 Billion | 50.53% |
| Other Components | Rs9.43 Billion | 49.47% |
| Total Equity | Rs19.06 Billion | 100.00% |
ITI Limited Competitors by Market Cap
The table below lists competitors of ITI Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NBCC (India) Limited
NSE:NBCC
|
$3.25 Billion |
|
Rocket Internet SE
HM:RKET
|
$3.25 Billion |
|
Apple Hospitality REIT Inc
NYSE:APLE
|
$3.26 Billion |
|
Procter & Gamble Hygiene and Health Care Limited
NSE:PGHH
|
$3.26 Billion |
|
United States Lime & Minerals Inc
NASDAQ:USLM
|
$3.25 Billion |
|
Aoshikang Technology Co Ltd Class A
SHE:002913
|
$3.25 Billion |
|
SunocoCorp LLC
NYSE:SUNC
|
$3.25 Billion |
|
Wynn Macau Limited
F:8WY
|
$3.25 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ITI Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 16,245,800,000 to 19,056,300,000, a change of 2,810,500,000 (17.3%).
- Net income of 2,928,300,000 contributed positively to equity growth.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs2.93 Billion | +15.37% |
| Other Changes | Rs-117.80 Million | -0.62% |
| Total Change | Rs- | 17.30% |
Book Value vs Market Value Analysis
This analysis compares ITI Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 15.79x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | Rs-6.14 | Rs312.45 | x |
| 2006-03-31 | Rs57.17 | Rs312.45 | x |
| 2007-03-31 | Rs121.03 | Rs312.45 | x |
| 2008-03-31 | Rs112.39 | Rs312.45 | x |
| 2009-03-31 | Rs111.62 | Rs312.45 | x |
| 2010-03-31 | Rs195.74 | Rs312.45 | x |
| 2011-03-31 | Rs62.73 | Rs312.45 | x |
| 2012-03-31 | Rs49.07 | Rs312.45 | x |
| 2013-03-31 | Rs40.71 | Rs312.45 | x |
| 2014-03-31 | Rs28.43 | Rs312.45 | x |
| 2015-03-31 | Rs18.07 | Rs312.45 | x |
| 2016-03-31 | Rs27.26 | Rs312.45 | x |
| 2017-03-31 | Rs26.82 | Rs312.45 | x |
| 2018-03-31 | Rs25.88 | Rs312.45 | x |
| 2019-03-31 | Rs20.83 | Rs312.45 | x |
| 2020-03-31 | Rs26.40 | Rs312.45 | x |
| 2021-03-31 | Rs26.39 | Rs312.45 | x |
| 2022-03-31 | Rs28.07 | Rs312.45 | x |
| 2023-03-31 | Rs25.14 | Rs312.45 | x |
| 2024-03-31 | Rs18.59 | Rs312.45 | x |
| 2025-03-31 | Rs16.93 | Rs312.45 | x |
| 2026-03-31 | Rs19.79 | Rs312.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ITI Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.37%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.41%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 4.90x
- Recent ROE (15.37%) is above the historical average (-8.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 0.00% | -23.51% | 0.50x | 0.00x | Rs-2.55 Billion |
| 2006 | -26.04% | -25.82% | 0.30x | 3.32x | Rs-5.93 Billion |
| 2007 | -12.39% | -22.99% | 0.24x | 2.27x | Rs-7.32 Billion |
| 2008 | -11.07% | -31.10% | 0.15x | 2.40x | Rs-6.82 Billion |
| 2009 | -20.79% | -39.29% | 0.19x | 2.76x | Rs-9.90 Billion |
| 2010 | -8.14% | -9.98% | 0.38x | 2.14x | Rs-10.23 Billion |
| 2011 | -19.80% | -17.04% | 0.26x | 4.46x | Rs-5.38 Billion |
| 2012 | -26.17% | -40.41% | 0.13x | 5.12x | Rs-5.11 Billion |
| 2013 | -15.53% | -21.61% | 0.12x | 5.98x | Rs-2.99 Billion |
| 2014 | -42.04% | -48.80% | 0.14x | 6.21x | Rs-4.26 Billion |
| 2015 | -57.08% | -51.84% | 0.11x | 10.26x | Rs-3.49 Billion |
| 2016 | 31.99% | 21.12% | 0.20x | 7.43x | Rs1.73 Billion |
| 2017 | 24.22% | 17.45% | 0.28x | 5.01x | Rs1.56 Billion |
| 2018 | 13.85% | 16.22% | 0.20x | 4.23x | Rs640.53 Million |
| 2019 | 5.05% | 5.55% | 0.24x | 3.82x | Rs-907.67 Million |
| 2020 | 6.15% | 7.08% | 0.27x | 3.26x | Rs-912.21 Million |
| 2021 | 0.39% | 0.40% | 0.27x | 3.65x | Rs-2.35 Billion |
| 2022 | 4.53% | 6.38% | 0.19x | 3.65x | Rs-1.43 Billion |
| 2023 | -15.16% | -25.79% | 0.15x | 4.00x | Rs-5.97 Billion |
| 2024 | -31.88% | -45.02% | 0.13x | 5.38x | Rs-7.47 Billion |
| 2025 | -13.23% | -5.94% | 0.35x | 6.40x | Rs-3.77 Billion |
| 2026 | 15.37% | 13.41% | 0.23x | 4.90x | Rs1.02 Billion |
Industry Comparison
This section compares ITI Limited's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $793,783,048
- Average return on equity (ROE) among peers: 9.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ITI Limited (ITI) | Rs19.51 Billion | 0.00% | 3.79x | $3.25 Billion |
| Astra Microwave Products Limited (ASTRAMICRO) | $916.52 Million | 29.81% | 1.03x | $1.73 Billion |
| Birla Cable Limited (BIRLACABLE) | $868.59 Million | 14.39% | 1.51x | $73.76 Million |
| D-Link (India) Limited (DLINKINDIA) | $1.35 Billion | 16.19% | 0.95x | $201.60 Million |
| Kavveri Telecom Products Limited (KAVVERITEL) | $377.01 Million | 2.03% | 8.35x | $24.00 Million |
| NELCO Limited (NELCO) | $1.05 Billion | 18.99% | 1.51x | $232.05 Million |
| Panache Digilife Limited (PANACHE) | $322.52 Million | 11.52% | 2.31x | $70.12 Million |
| Paramount Communications Limited (PARACABLES) | $575.38 Million | 37.36% | 1.82x | $241.15 Million |
| Shyam Telecom Limited (SHYAMTEL) | $38.97 Million | -54.24% | 12.39x | $2.32 Million |
| Smartlink Holdings Limited (SMARTLINK) | $1.65 Billion | 6.30% | 0.27x | $18.27 Million |
About ITI Limited
ITI Limited engages in the manufacture, sale, and servicing of telecommunication equipment and building communication network infrastructures in India. The company's telecom products and solutions include switching, transmission, access, and subscriber premises equipment. It also offers 4G radio equipment, and defence electronics products and systems; encryptors for defence; and other telecom pro… Read more