Khandwala Securities Limited (KHANDSE) - Net Assets
Based on the latest financial reports, Khandwala Securities Limited (KHANDSE) has net assets worth Rs285.47 Million INR (≈ $3.09 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs516.39 Million ≈ $5.58 Million USD) and total liabilities (Rs230.92 Million ≈ $2.50 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 Khandwala Securities Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs285.47 Million |
| % of Total Assets | 55.28% |
| Annual Growth Rate | 1.5% |
| 5-Year Change | 44.8% |
| 10-Year Change | 1.48% |
| Growth Volatility | 14.54 |
Khandwala Securities Limited - Net Assets Trend (2006–2025)
This chart illustrates how Khandwala Securities Limited's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Khandwala Securities Limited for the complete picture of this company's asset base.
Annual Net Assets for Khandwala Securities Limited (2006–2025)
The table below shows the annual net assets of Khandwala Securities Limited from 2006 to 2025. For live valuation and market cap data, see Khandwala Securities Limited (KHANDSE) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs288.89 Million ≈ $3.12 Million |
-2.67% |
| 2024-03-31 | Rs296.81 Million ≈ $3.21 Million |
+0.64% |
| 2023-03-31 | Rs294.92 Million ≈ $3.19 Million |
+46.72% |
| 2022-03-31 | Rs201.02 Million ≈ $2.17 Million |
+0.76% |
| 2021-03-31 | Rs199.51 Million ≈ $2.16 Million |
-13.73% |
| 2020-03-31 | Rs231.27 Million ≈ $2.50 Million |
-13.45% |
| 2019-03-31 | Rs267.21 Million ≈ $2.89 Million |
-1.41% |
| 2018-03-31 | Rs271.03 Million ≈ $2.93 Million |
-2.70% |
| 2017-03-31 | Rs278.56 Million ≈ $3.01 Million |
-2.15% |
| 2016-03-31 | Rs284.67 Million ≈ $3.08 Million |
-4.39% |
| 2015-03-31 | Rs297.76 Million ≈ $3.22 Million |
+0.85% |
| 2014-03-31 | Rs295.25 Million ≈ $3.19 Million |
-0.93% |
| 2013-03-31 | Rs298.03 Million ≈ $3.22 Million |
-1.16% |
| 2012-03-31 | Rs301.53 Million ≈ $3.26 Million |
-1.79% |
| 2011-03-31 | Rs307.03 Million ≈ $3.32 Million |
+1.43% |
| 2010-03-31 | Rs302.69 Million ≈ $3.27 Million |
-4.33% |
| 2009-03-31 | Rs316.38 Million ≈ $3.42 Million |
+1.93% |
| 2008-03-31 | Rs310.39 Million ≈ $3.36 Million |
+38.61% |
| 2007-03-31 | Rs223.93 Million ≈ $2.42 Million |
+2.92% |
| 2006-03-31 | Rs217.58 Million ≈ $2.35 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Khandwala Securities 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 decreased by 226821000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs152.54 Million | 52.80% |
| Other Comprehensive Income | Rs34.00 Million | 11.77% |
| Other Components | Rs104.62 Million | 36.22% |
| Total Equity | Rs288.89 Million | 100.00% |
Khandwala Securities Limited Competitors by Market Cap
The table below lists competitors of Khandwala Securities Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Card Factory PLC
LSE:CARD
|
$2.84 Million |
|
SKONEC Entertainment Co. Ltd.
KQ:276040
|
$2.84 Million |
|
Atomic Minerals Corp
V:ATOM
|
$2.84 Million |
|
Surefire Resources NL
AU:SRN
|
$2.85 Million |
|
Freedom Care Group Holdings Ltd
AU:FCG
|
$2.84 Million |
|
Icon Energy Corp.
NASDAQ:ICON
|
$2.83 Million |
|
Applied DNA Sciences, Inc.
NASDAQ:BNBX
|
$2.83 Million |
|
Kridhan Infra Limited
NSE:KRIDHANINF
|
$2.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Khandwala Securities Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 296,812,930 to 288,894,530, a change of -7,918,400 (-2.7%).
- Net loss of 8,004,130 reduced equity.
- Other comprehensive income decreased equity by 1.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-8.00 Million | -2.77% |
| Other Comprehensive Income | Rs-1.00 | -0.0% |
| Other Changes | Rs85.73K | +0.03% |
| Total Change | Rs- | -2.67% |
Book Value vs Market Value Analysis
This analysis compares Khandwala Securities 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: 0.92x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs17.59 | Rs17.19 | x |
| 2007-03-31 | Rs18.82 | Rs17.19 | x |
| 2008-03-31 | Rs27.16 | Rs17.19 | x |
| 2009-03-31 | Rs26.50 | Rs17.19 | x |
| 2010-03-31 | Rs25.35 | Rs17.19 | x |
| 2011-03-31 | Rs25.72 | Rs17.19 | x |
| 2012-03-31 | Rs25.26 | Rs17.19 | x |
| 2013-03-31 | Rs24.96 | Rs17.19 | x |
| 2014-03-31 | Rs24.73 | Rs17.19 | x |
| 2015-03-31 | Rs24.94 | Rs17.19 | x |
| 2016-03-31 | Rs23.84 | Rs17.19 | x |
| 2017-03-31 | Rs23.33 | Rs17.19 | x |
| 2018-03-31 | Rs22.70 | Rs17.19 | x |
| 2019-03-31 | Rs22.38 | Rs17.19 | x |
| 2020-03-31 | Rs19.37 | Rs17.19 | x |
| 2021-03-31 | Rs16.71 | Rs17.19 | x |
| 2022-03-31 | Rs16.84 | Rs17.19 | x |
| 2023-03-31 | Rs19.33 | Rs17.19 | x |
| 2024-03-31 | Rs18.77 | Rs17.19 | x |
| 2025-03-31 | Rs18.77 | Rs17.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Khandwala Securities 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): -2.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.38%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 1.50x
- Recent ROE (-2.77%) is below the historical average (1.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 27.84% | 57.63% | 0.19x | 2.50x | Rs38.82 Million |
| 2007 | 11.86% | 24.23% | 0.16x | 3.01x | Rs4.16 Million |
| 2008 | 21.70% | 38.41% | 0.22x | 2.54x | Rs36.32 Million |
| 2009 | 7.14% | 19.76% | 0.16x | 2.29x | Rs-9.04 Million |
| 2010 | -5.79% | -24.65% | 0.11x | 2.16x | Rs-47.79 Million |
| 2011 | 1.41% | 8.02% | 0.09x | 1.87x | Rs-26.37 Million |
| 2012 | -1.82% | -16.38% | 0.08x | 1.46x | Rs-35.65 Million |
| 2013 | -1.17% | -11.20% | 0.07x | 1.46x | Rs-33.30 Million |
| 2014 | -0.94% | -7.61% | 0.08x | 1.55x | Rs-32.31 Million |
| 2015 | 0.84% | 5.63% | 0.11x | 1.32x | Rs-27.27 Million |
| 2016 | -2.47% | -23.33% | 0.08x | 1.41x | Rs-35.49 Million |
| 2017 | -2.20% | -16.33% | 0.10x | 1.39x | Rs-33.97 Million |
| 2018 | -2.81% | -21.52% | 0.09x | 1.48x | Rs-34.72 Million |
| 2019 | 0.71% | 5.62% | 0.07x | 1.75x | Rs-24.82 Million |
| 2020 | -15.51% | -130.64% | 0.07x | 1.72x | Rs-59.01 Million |
| 2021 | -8.28% | -45.70% | 0.09x | 2.07x | Rs-36.46 Million |
| 2022 | 0.59% | 1.95% | 0.13x | 2.35x | Rs-18.91 Million |
| 2023 | 1.50% | 7.06% | 0.14x | 1.48x | Rs-25.06 Million |
| 2024 | 0.59% | 2.04% | 0.18x | 1.60x | Rs-27.94 Million |
| 2025 | -2.77% | -8.38% | 0.22x | 1.50x | Rs-36.89 Million |
Industry Comparison
This section compares Khandwala Securities Limited's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $1,760,362,035
- Average return on equity (ROE) among peers: 9.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Khandwala Securities Limited (KHANDSE) | Rs285.47 Million | 27.84% | 0.81x | $2.84 Million |
| 21st Century Management Services Limited (21STCENMGM) | $456.10 Million | 12.69% | 0.44x | $4.15 Million |
| 5paisa Capital Ltd (5PAISA) | $121.33 Million | -45.32% | 2.67x | $113.39 Million |
| Abans Holdings Limited (AHL) | $7.36 Billion | 8.41% | 0.59x | $117.39 Million |
| AUTHUM INVESTMENT & INFRASTRUCTU ORD (BSE) (AIIL) | $552.74 Million | 2.13% | 0.52x | $4.33 Billion |
| Almondz Global Securities Limited (ALMONDZ) | $1.10 Billion | 10.23% | 0.67x | $30.95 Million |
| Angel One Limited (ANGELONE) | $3.47 Billion | 12.65% | 1.81x | $3.03 Billion |
| Arihant Capital Markets Limited (ARIHANTCAP) | $1.19 Billion | 17.41% | 1.60x | $83.11 Million |
| Ausom Enterprise Limited (AUSOMENT) | $605.47 Million | 34.34% | 0.54x | $21.77 Million |
| Avonmore Capital & Management Services Limited (AVONMORE) | $1.13 Billion | 5.92% | 0.68x | $37.72 Million |
| Aditya Birla Money Limited (BIRLAMONEY) | $1.63 Billion | 32.55% | 12.01x | $89.41 Million |
About Khandwala Securities Limited
Khandwala Securities Limited provides stock broking, investment banking, portfolio management, and research analyst and investment advisory services in India. It operates in two segments, Fee-Based and Investment/Trading in Stock. The company offers investment banking services, including capital raising, mergers and acquisitions advisory, domestic IPOs, FCCBs, private equity placements, corporate… Read more