Just Dial Limited (JUSTDIAL) - Net Assets
Based on the latest financial reports, Just Dial Limited (JUSTDIAL) has net assets worth Rs51.06 Billion INR (≈ $552.25 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 (Rs60.44 Billion ≈ $653.65 Million USD) and total liabilities (Rs9.38 Billion ≈ $101.41 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 JUSTDIAL goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs51.06 Billion |
| % of Total Assets | 84.49% |
| Annual Growth Rate | 31.58% |
| 5-Year Change | 46.48% |
| 10-Year Change | 464.08% |
| Growth Volatility | 72.85 |
Just Dial Limited - Net Assets Trend (2008–2026)
This chart illustrates how Just Dial Limited's net assets have evolved over time, based on quarterly financial data. See Just Dial Limited (JUSTDIAL) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Just Dial Limited (2008–2026)
The table below shows the annual net assets of Just Dial Limited from 2008 to 2026. For live valuation and market cap data, see Just Dial Limited market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs51.06 Billion ≈ $552.25 Million |
+10.85% |
| 2025-03-31 | Rs46.06 Billion ≈ $498.18 Million |
+14.49% |
| 2024-03-31 | Rs40.23 Billion ≈ $435.13 Million |
+9.72% |
| 2023-03-31 | Rs36.67 Billion ≈ $396.58 Million |
+5.19% |
| 2022-03-31 | Rs34.86 Billion ≈ $377.02 Million |
+175.75% |
| 2021-03-31 | Rs12.64 Billion ≈ $136.73 Million |
-1.82% |
| 2020-03-31 | Rs12.88 Billion ≈ $139.26 Million |
+28.93% |
| 2019-03-31 | Rs9.99 Billion ≈ $108.02 Million |
+1.99% |
| 2018-03-31 | Rs9.79 Billion ≈ $105.91 Million |
+8.18% |
| 2017-03-31 | Rs9.05 Billion ≈ $97.90 Million |
+34.79% |
| 2016-03-31 | Rs6.72 Billion ≈ $72.63 Million |
-0.26% |
| 2015-03-31 | Rs6.73 Billion ≈ $72.82 Million |
+25.99% |
| 2014-03-31 | Rs5.34 Billion ≈ $57.80 Million |
+25.48% |
| 2013-03-31 | Rs4.26 Billion ≈ $46.06 Million |
+297.14% |
| 2012-03-31 | Rs1.07 Billion ≈ $11.60 Million |
+15.12% |
| 2011-03-31 | Rs931.57 Million ≈ $10.07 Million |
+45.97% |
| 2010-03-31 | Rs638.21 Million ≈ $6.90 Million |
+45.39% |
| 2009-03-31 | Rs438.97 Million ≈ $4.75 Million |
+20.09% |
| 2008-03-31 | Rs365.52 Million ≈ $3.95 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Just Dial 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 5817000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs850.40 Million | 1.67% |
| Other Components | Rs50.21 Billion | 98.33% |
| Total Equity | Rs51.06 Billion | 100.00% |
Just Dial Limited Competitors by Market Cap
The table below lists competitors of Just Dial Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Home Bancorp Inc
NASDAQ:HBCP
|
$505.30 Million |
|
Addiko Bank AG
VI:ADKO
|
$505.32 Million |
|
Lionco Pharm Grp Co Ltd
SHG:603669
|
$505.55 Million |
|
Sharda Motor Industries Limited
NSE:SHARDAMOTR
|
$505.55 Million |
|
AGI Greenpac Limited
NSE:AGI
|
$505.20 Million |
|
Guangzhou Huayan Precision Machinery Co.Ltd.
SHE:301138
|
$505.19 Million |
|
Guangdong Hybribio Biotech Co Ltd
SHE:300639
|
$505.18 Million |
|
Sumitomo Mitsui Construction Co. Ltd
F:72S
|
$505.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Just Dial Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 46,065,000,000 to 51,064,800,000, a change of 4,999,800,000 (10.9%).
- Net income of 4,970,200,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 305,399,999.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs4.97 Billion | +9.73% |
| Other Comprehensive Income | Rs-305.40 Million | -0.6% |
| Other Changes | Rs335.00 Million | +0.66% |
| Total Change | Rs- | 10.85% |
Book Value vs Market Value Analysis
This analysis compares Just Dial 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: 0.91x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 105.00x to 0.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-03-31 | Rs5.23 | Rs549.30 | x |
| 2009-03-31 | Rs6.28 | Rs549.30 | x |
| 2010-03-31 | Rs9.11 | Rs549.30 | x |
| 2011-03-31 | Rs13.33 | Rs549.30 | x |
| 2012-03-31 | Rs15.35 | Rs549.30 | x |
| 2013-03-31 | Rs60.95 | Rs549.30 | x |
| 2014-03-31 | Rs75.82 | Rs549.30 | x |
| 2015-03-31 | Rs95.11 | Rs549.30 | x |
| 2016-03-31 | Rs94.50 | Rs549.30 | x |
| 2017-03-31 | Rs129.44 | Rs549.30 | x |
| 2018-03-31 | Rs143.31 | Rs549.30 | x |
| 2019-03-31 | Rs149.17 | Rs549.30 | x |
| 2020-03-31 | Rs197.72 | Rs549.30 | x |
| 2021-03-31 | Rs194.79 | Rs549.30 | x |
| 2022-03-31 | Rs458.44 | Rs549.30 | x |
| 2023-03-31 | Rs431.23 | Rs549.30 | x |
| 2024-03-31 | Rs473.07 | Rs549.30 | x |
| 2025-03-31 | Rs541.63 | Rs549.30 | x |
| 2026-03-31 | Rs600.42 | Rs549.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Just Dial 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): 9.73%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 40.95%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 1.18x
- Recent ROE (9.73%) is below the historical average (17.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 4.68% | 2.46% | 0.83x | 2.30x | Rs-19.45 Million |
| 2009 | 15.81% | 8.08% | 0.90x | 2.18x | Rs25.50 Million |
| 2010 | 28.92% | 14.07% | 1.06x | 1.94x | Rs120.48 Million |
| 2011 | 30.72% | 15.56% | 0.97x | 2.03x | Rs192.99 Million |
| 2012 | 49.25% | 20.15% | 1.06x | 2.31x | Rs420.91 Million |
| 2013 | 16.07% | 19.13% | 0.59x | 1.43x | Rs258.66 Million |
| 2014 | 22.57% | 26.27% | 0.60x | 1.43x | Rs671.63 Million |
| 2015 | 20.62% | 23.60% | 0.61x | 1.43x | Rs715.06 Million |
| 2016 | 21.12% | 20.91% | 0.71x | 1.43x | Rs746.94 Million |
| 2017 | 13.41% | 16.89% | 0.57x | 1.40x | Rs308.32 Million |
| 2018 | 14.62% | 18.32% | 0.55x | 1.44x | Rs452.66 Million |
| 2019 | 20.71% | 23.20% | 0.58x | 1.55x | Rs1.07 Billion |
| 2020 | 21.15% | 28.57% | 0.52x | 1.42x | Rs1.44 Billion |
| 2021 | 16.94% | 31.72% | 0.38x | 1.41x | Rs877.32 Million |
| 2022 | 2.03% | 10.95% | 0.16x | 1.16x | Rs-2.78 Billion |
| 2023 | 4.44% | 19.26% | 0.19x | 1.18x | Rs-2.04 Billion |
| 2024 | 9.02% | 34.80% | 0.21x | 1.21x | Rs-394.20 Million |
| 2025 | 12.68% | 51.16% | 0.21x | 1.20x | Rs1.24 Billion |
| 2026 | 9.73% | 40.95% | 0.20x | 1.18x | Rs-136.28 Million |
Industry Comparison
This section compares Just Dial Limited's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $-186,710,000
- Average return on equity (ROE) among peers: 12.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Just Dial Limited (JUSTDIAL) | Rs51.06 Billion | 4.68% | 0.18x | $505.23 Million |
| Digicontent Limited (DGCONTENT) | $308.00 Million | -107.21% | 5.51x | $16.32 Million |
| Indiamart Intermesh Limited (INDIAMART) | $-939.82 Million | 0.00% | 0.00x | $1.39 Billion |
| Matrimony.Com Limited (MATRIMONY) | $71.69 Million | 145.21% | 11.60x | $87.24 Million |
About Just Dial Limited
Just Dial Limited engages in the search engine business in India. The company offers local search, search related, and software services through various platforms, including internet, mobile internet, over the telephone, and text. The company provides JD app, a one-stop solution offering business discovery services, including user-ratings, location-based search, 360-degree images, movies, news, s… Read more