JNK India Ltd (JNKINDIA) - Net Assets
Based on the latest financial reports, JNK India Ltd (JNKINDIA) has net assets worth Rs5.70 Billion INR (≈ $61.68 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 (Rs10.62 Billion ≈ $114.80 Million USD) and total liabilities (Rs4.91 Billion ≈ $53.12 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 tangible equity quality of JNK India Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs5.70 Billion |
| % of Total Assets | 53.73% |
| Annual Growth Rate | 73.0% |
| 5-Year Change | 690.21% |
| 10-Year Change | N/A |
| Growth Volatility | 47.67 |
JNK India Ltd - Net Assets Trend (2021–2026)
This chart illustrates how JNK India Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can JNK India Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for JNK India Ltd (2021–2026)
The table below shows the annual net assets of JNK India Ltd from 2021 to 2026. For live valuation and market cap data, see market value of JNK India Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs5.70 Billion ≈ $61.68 Million |
+13.09% |
| 2025-03-31 | Rs5.04 Billion ≈ $54.55 Million |
+158.18% |
| 2024-03-31 | Rs1.95 Billion ≈ $21.13 Million |
+59.91% |
| 2023-03-31 | Rs1.22 Billion ≈ $13.21 Million |
+69.26% |
| 2022-03-31 | Rs721.80 Million ≈ $7.81 Million |
+96.05% |
| 2021-03-31 | Rs368.17 Million ≈ $3.98 Million |
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Equity Component Analysis
This analysis shows how different components contribute to JNK India Ltd'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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs111.91 Million | 1.97% |
| Other Components | Rs5.56 Billion | 98.03% |
| Total Equity | Rs5.68 Billion | 100.00% |
JNK India Ltd Competitors by Market Cap
The table below lists competitors of JNK India Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tianjin Hi-Tech Development Co Ltd
SHG:600082
|
$282.70 Million |
|
Karsan Otomotiv Sanayi ve Ticaret AS
IS:KARSN
|
$282.81 Million |
|
Creotech Quantum SA
WAR:CRQ
|
$282.88 Million |
|
Ever Ohms Technology Co. Ltd.
TW:6834
|
$282.91 Million |
|
Singaraja Putra
JK:SINI
|
$282.55 Million |
|
Joyvio Agriculture Development Co Ltd
SHE:300268
|
$282.44 Million |
|
MKH Bhd
KLSE:6114
|
$282.43 Million |
|
Huaiji Dengyun Auto-parts Holding Co Ltd
SHE:002715
|
$282.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in JNK India Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 5,043,720,000 to 5,676,500,000, a change of 632,780,000 (12.5%).
- Net income of 649,490,000 contributed positively to equity growth.
- Dividend payments of 16,780,000 reduced retained earnings.
- New share issuances of 5,230,000 increased equity.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs649.49 Million | +11.44% |
| Dividends Paid | Rs16.78 Million | -0.3% |
| Share Issuances | Rs5.23 Million | +0.09% |
| Other Changes | Rs-5.16 Million | -0.09% |
| Total Change | Rs- | 12.55% |
Book Value vs Market Value Analysis
This analysis compares JNK India Ltd'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: 4.62x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 70.55x to 4.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-03-31 | Rs6.62 | Rs467.00 | x |
| 2022-03-31 | Rs12.98 | Rs467.00 | x |
| 2023-03-31 | Rs21.96 | Rs467.00 | x |
| 2024-03-31 | Rs35.12 | Rs467.00 | x |
| 2025-03-31 | Rs91.12 | Rs467.00 | x |
| 2026-03-31 | Rs101.12 | Rs467.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently JNK India Ltd 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): 11.44%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.93%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 1.87x
- Recent ROE (11.44%) is below the historical average (27.46%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 49.85% | 12.14% | 1.10x | 3.72x | Rs287.65 Million |
| 2023 | 37.95% | 11.38% | 1.21x | 2.76x | Rs341.45 Million |
| 2024 | 32.07% | 13.04% | 0.93x | 2.63x | Rs431.13 Million |
| 2025 | 5.99% | 6.34% | 0.60x | 1.56x | Rs-202.33 Million |
| 2026 | 11.44% | 7.93% | 0.77x | 1.87x | Rs81.84 Million |
Industry Comparison
This section compares JNK India Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $8,885,935,519
- Average return on equity (ROE) among peers: 0.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| JNK India Ltd (JNKINDIA) | Rs5.70 Billion | 49.85% | 0.86x | $282.59 Million |
| Aaron Industries Limited (AARON) | $93.73 Million | 11.30% | 0.87x | $28.02 Million |
| Ador Welding Limited (ADORWELD) | $2.35 Billion | 7.84% | 0.61x | $184.52 Million |
| The Anup Engineering Limited (ANUP) | $3.23 Billion | 13.31% | 0.31x | $480.66 Million |
| ATAM VALVES ORD (BSE) (ATAM) | $364.70 Million | 17.27% | 0.48x | $8.92 Million |
| Azad Engineering Limited (AZAD) | $1.20 Billion | 24.55% | 2.37x | $1.44 Billion |
| Bharat Heavy Electricals Limited (BHEL) | $52.96 Billion | 12.43% | 1.30x | $15.29 Billion |
| Cummins India Limited (CUMMINSIND) | $20.43 Billion | 28.94% | 0.52x | $17.56 Billion |
| Diamond Power Infrastructure Limited (DIACABS) | $6.55 Billion | -122.90% | 2.75x | $1.15 Billion |
| Diffusion Engineers Ltd (DIFFNKG) | $1.42 Billion | 15.59% | 0.62x | $149.46 Million |
| Ducon Infratechnologies Limited (DUCON) | $259.30 Million | 0.36% | 0.44x | $12.51 Million |
About JNK India Ltd
JNK India Limited, a heating equipment company, engages in designing, engineering, manufacturing, fabricating, procurement, erection, supplying, installing, and commissioning of process-fired heaters, reformers, and cracking furnaces in India and internationally. It also offers waste gas handling systems, including flare systems and incinerators; and renewable energy systems, which include engine… Read more