KAVDEFENCE
Kavveri Defence & Wireless Technologies Limited engages in the design, development, and manufacture of radio frequency (RF) products and antennas for telecom, defense, and space applications in India and internationally. The company offers omnidirectional antenna, directional panel antennas, sectoral antennas, patented field-adjustable sectoral designs, Yagi and dipole antennas, flat-omni antenna… Read more
KAVDEFENCE (KAVDEFENCE) - Net Assets
Latest net assets as of September 2025: ₹883.65 Million INR
Based on the latest financial reports, KAVDEFENCE (KAVDEFENCE) has net assets worth ₹883.65 Million INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹1.32 Billion) and total liabilities (₹435.44 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹883.65 Million |
| % of Total Assets | 66.99% |
| Annual Growth Rate | 91.42% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 139.77 |
KAVDEFENCE - Net Assets Trend (2022–2025)
This chart illustrates how KAVDEFENCE's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for KAVDEFENCE (2022–2025)
The table below shows the annual net assets of KAVDEFENCE from 2022 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹868.37 Million | +84.62% |
| 2024-03-31 | ₹470.34 Million | -9.98% |
| 2023-03-31 | ₹522.52 Million | +322.26% |
| 2022-03-31 | ₹123.74 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to KAVDEFENCE'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 44851100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₹201.24 Million | 23.17% |
| Other Comprehensive Income | ₹384.50 Million | 44.28% |
| Other Components | ₹1.18 Billion | 135.89% |
| Total Equity | ₹868.37 Million | 100.00% |
KAVDEFENCE Competitors by Market Cap
The table below lists competitors of KAVDEFENCE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FIRST REAL JSC
VN:FIR
|
$14.58 Million |
|
Asia Hotel Public Company Limited
BK:ASIA
|
$14.59 Million |
|
Northcliff Resources Ltd
PINK:NCFFF
|
$14.59 Million |
|
Estrella Resources Ltd
AU:ESR
|
$14.60 Million |
|
CORON.GL.RES. CDIS/10/1
F:0QE
|
$14.57 Million |
|
Chinese People Holdings Company Limited
F:KEH
|
$14.56 Million |
|
Adaptimmune Therapeutics Plc
NASDAQ:ADAP
|
$14.55 Million |
|
Alaska Energy Metals Corporation
OTCQB:AKEMF
|
$14.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KAVDEFENCE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 470,344,000 to 868,369,000, a change of 398,025,000 (84.6%).
- Net income of 64,069,000 contributed positively to equity growth.
- New share issuances of 334,130,000 increased equity.
- Other comprehensive income increased equity by 384,499,000.
- Other factors decreased equity by 384,673,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹64.07 Million | +7.38% |
| Share Issuances | ₹334.13 Million | +38.48% |
| Other Comprehensive Income | ₹384.50 Million | +44.28% |
| Other Changes | ₹-384.67 Million | -44.3% |
| Total Change | ₹- | 84.62% |
Book Value vs Market Value Analysis
This analysis compares KAVDEFENCE'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: 2.69x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 9.25x to 2.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-03-31 | ₹6.15 | ₹56.87 | x |
| 2023-03-31 | ₹25.96 | ₹56.87 | x |
| 2024-03-31 | ₹23.37 | ₹56.87 | x |
| 2025-03-31 | ₹21.18 | ₹56.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KAVDEFENCE 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): 7.38%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 37.42%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 1.42x
- Recent ROE (7.38%) is above the historical average (-20.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -146.20% | -322.58% | 0.02x | 22.20x | ₹-193.28 Million |
| 2023 | 60.26% | 1114.92% | 0.04x | 1.51x | ₹262.62 Million |
| 2024 | -2.84% | -84.19% | 0.02x | 1.82x | ₹-60.38 Million |
| 2025 | 7.38% | 37.42% | 0.14x | 1.42x | ₹-22.77 Million |
Industry Comparison
This section compares KAVDEFENCE's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $6,031,689,529
- Average return on equity (ROE) among peers: 0.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KAVDEFENCE (KAVDEFENCE) | ₹883.65 Million | -146.20% | 0.49x | $14.58 Million |
| Aksh Optifibre Limited (AKSHOPTFBR) | $3.75 Billion | 5.77% | 0.55x | $6.30 Million |
| Astra Microwave Products Limited (ASTRAMICRO) | $683.35 Million | 53.61% | 1.31x | $810.40 Million |
| Avantel Limited (AVANTEL) | $662.40 Million | 23.15% | 0.31x | $222.42 Million |
| Birla Cable Limited (BIRLACABLE) | $1.87 Billion | 11.65% | 0.85x | $16.37 Million |
| D-Link (India) Limited (DLINKINDIA) | $1.86 Billion | 6.84% | 0.67x | $60.68 Million |
| GTL Infrastructure Limited (GTLINFRA) | $29.00 Billion | -13.04% | 4.52x | $148.08 Million |
| HFCL Limited (HFCL) | $-533.93 Million | 0.00% | 0.00x | $966.03 Million |
| ITI Limited (ITI) | $16.47 Billion | -26.04% | 2.32x | $298.19 Million |
| Kavveri Telecom Products Limited (KAVVERITEL) | $532.58 Million | -59.18% | 11.08x | $9.13 Million |