Kross Ltd
Kross Limited engages in the manufacture and supply of trailer axles, suspension, and automotive components in India and internationally. It offers trailer axles and suspensions; tractor components, including axle shafts, PTO and hydraulic lift shafts, planetary ring gears, differential bevel gears, control spring assemblies, spindle front axle and hydraulic parts, differential spiders, and pin f… Read more
Kross Ltd (KROSS) - Net Assets
Latest net assets as of September 2025: ₹4.53 Billion INR
Based on the latest financial reports, Kross Ltd (KROSS) has net assets worth ₹4.53 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹6.00 Billion) and total liabilities (₹1.47 Billion). 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 | ₹4.53 Billion |
| % of Total Assets | 75.57% |
| Annual Growth Rate | 64.11% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 70.17 |
Kross Ltd - Net Assets Trend (2021–2025)
This chart illustrates how Kross Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kross Ltd (2021–2025)
The table below shows the annual net assets of Kross Ltd from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹4.35 Billion | +195.97% |
| 2024-03-31 | ₹1.47 Billion | +43.78% |
| 2023-03-31 | ₹1.02 Billion | +41.02% |
| 2022-03-31 | ₹724.04 Million | +20.86% |
| 2021-03-31 | ₹599.09 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kross 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 grown by 342.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹1.71 Billion | 39.25% |
| Common Stock | ₹322.55 Million | 7.42% |
| Other Components | ₹2.32 Billion | 53.33% |
| Total Equity | ₹4.35 Billion | 100.00% |
Kross Ltd Competitors by Market Cap
The table below lists competitors of Kross Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lida Holdings Ltd
TW:4552
|
$44.09 Million |
|
Confidence Petroleum India Limited
NSE:CONFIPET
|
$44.11 Million |
|
Calidus Resources Ltd
PINK:CALRF
|
$44.11 Million |
|
Amarc Resources Ltd
OTCQB:AXREF
|
$44.13 Million |
|
THiRA-UTECH CO. LTD
KQ:322180
|
$44.07 Million |
|
GiG Software PLC
ST:GIG-SDB
|
$44.07 Million |
|
TWC Enterprises Limited
PINK:CLKXF
|
$44.07 Million |
|
Navkar Corporation Limited
NSE:NAVKARCORP
|
$44.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kross Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,468,050,000 to 4,345,020,000, a change of 2,876,970,000 (196.0%).
- Net income of 480,270,000 contributed positively to equity growth.
- New share issuances of 2,317,100,000 increased equity.
- Other factors increased equity by 79,600,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹480.27 Million | +11.05% |
| Share Issuances | ₹2.32 Billion | +53.33% |
| Other Changes | ₹79.60 Million | +1.83% |
| Total Change | ₹- | 195.97% |
Book Value vs Market Value Analysis
This analysis compares Kross 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: 2.58x
- 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 16.70x to 2.58x 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 | ₹11.22 | ₹187.42 | x |
| 2023-03-31 | ₹15.83 | ₹187.42 | x |
| 2024-03-31 | ₹22.76 | ₹187.42 | x |
| 2025-03-31 | ₹72.76 | ₹187.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kross 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): 11.05%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.89%
- • Asset Turnover: 1.06x
- • Equity Multiplier: 1.32x
- Recent ROE (11.05%) is below the historical average (19.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 7.96% | 2.76% | 0.99x | 2.91x | ₹-12.24 Million |
| 2022 | 16.81% | 4.43% | 1.39x | 2.72x | ₹49.29 Million |
| 2023 | 30.29% | 6.72% | 1.84x | 2.44x | ₹207.20 Million |
| 2024 | 30.57% | 7.44% | 1.71x | 2.40x | ₹302.00 Million |
| 2025 | 11.05% | 7.89% | 1.06x | 1.32x | ₹45.77 Million |
Industry Comparison
This section compares Kross Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $13,046,583,226
- Average return on equity (ROE) among peers: 17.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kross Ltd (KROSS) | ₹4.53 Billion | 7.96% | 0.32x | $44.09 Million |
| Apollo Tyres Limited (APOLLOTYRE) | $34.01 Billion | 18.01% | 1.52x | $1.47 Billion |
| Asahi India Glass Limited (ASAHIINDIA) | $26.42 Billion | 14.05% | 1.57x | $840.09 Million |
| Automotive Stampings and Assemblies Limited (ASAL) | $562.65 Million | 17.77% | 2.25x | $19.03 Million |
| ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) | $10.43 Billion | 23.74% | 0.84x | $228.28 Million |
| Automotive Axles Limited (AUTOAXLES) | $3.02 Billion | 6.60% | 0.72x | $87.35 Million |
| Autoline Industries Limited (AUTOIND) | $1.39 Billion | 7.99% | 2.15x | $12.36 Million |
| Balkrishna Industries Limited (BALKRISIND) | $8.61 Billion | 22.59% | 1.53x | $2.01 Billion |
| Banco Products (I) Limited (BANCOINDIA) | $1.36 Billion | 31.89% | 0.52x | $284.60 Million |
| BELRISE INDUSTRIES LTD (BELRISE) | $20.45 Billion | 15.34% | 1.78x | $562.62 Million |
| Bharat Forge Limited (BHARATFORG) | $24.21 Billion | 12.59% | 2.14x | $5.34 Billion |