Kross Ltd (KROSS) - Net Assets
Based on the latest financial reports, Kross Ltd (KROSS) has net assets worth Rs4.90 Billion INR (≈ $52.97 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 (Rs6.38 Billion ≈ $69.04 Million USD) and total liabilities (Rs1.49 Billion ≈ $16.07 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 KROSS goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs4.90 Billion |
| % of Total Assets | 76.72% |
| Annual Growth Rate | 52.24% |
| 5-Year Change | 576.43% |
| 10-Year Change | N/A |
| Growth Volatility | 67.58 |
Kross Ltd - Net Assets Trend (2021–2026)
This chart illustrates how Kross Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Kross Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Kross Ltd (2021–2026)
The table below shows the annual net assets of Kross Ltd from 2021 to 2026. For live valuation and market cap data, see market value of Kross Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs4.90 Billion ≈ $52.97 Million |
+12.72% |
| 2025-03-31 | Rs4.35 Billion ≈ $46.99 Million |
+195.97% |
| 2024-03-31 | Rs1.47 Billion ≈ $15.88 Million |
+43.78% |
| 2023-03-31 | Rs1.02 Billion ≈ $11.04 Million |
+41.02% |
| 2022-03-31 | Rs724.04 Million ≈ $7.83 Million |
+20.86% |
| 2021-03-31 | Rs599.09 Million ≈ $6.48 Million |
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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 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 | Rs322.55 Million | 6.59% |
| Other Components | Rs4.58 Billion | 93.41% |
| Total Equity | Rs4.90 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 |
|---|---|
|
Magnachip Semiconductor Corporation
F:SMG
|
$130.39 Million |
|
Pantech Group Holdings Bhd
KLSE:5125
|
$130.43 Million |
|
Mirae Corporation
KO:025560
|
$130.46 Million |
|
Nordic Halibut AS
OL:NOHAL
|
$130.46 Million |
|
Brand Engagement Network Inc
NASDAQ:BNAI
|
$130.35 Million |
|
SB Financial Group Inc
NASDAQ:SBFG
|
$130.34 Million |
|
Bank Mnc Internasional Tbk
JK:BABP
|
$130.26 Million |
|
Genovis AB (publ.)
ST:GENO
|
$130.24 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 2025 to 2026, total equity changed from 4,345,020,000 to 4,897,650,000, a change of 552,630,000 (12.7%).
- Net income of 552,150,000 contributed positively to equity growth.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs552.15 Million | +11.27% |
| Other Changes | Rs480.00K | +0.01% |
| Total Change | Rs- | 12.72% |
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: 2.46x
- 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 16.65x to 2.46x 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 | Rs11.22 | Rs186.88 | x |
| 2023-03-31 | Rs15.83 | Rs186.88 | x |
| 2024-03-31 | Rs22.76 | Rs186.88 | x |
| 2025-03-31 | Rs72.76 | Rs186.88 | x |
| 2026-03-31 | Rs75.97 | Rs186.88 | 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): 11.27%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.20%
- • Asset Turnover: 1.05x
- • Equity Multiplier: 1.30x
- Recent ROE (11.27%) is below the historical average (17.99%), 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 | Rs-12.24 Million |
| 2022 | 16.81% | 4.43% | 1.39x | 2.72x | Rs49.29 Million |
| 2023 | 30.29% | 6.72% | 1.84x | 2.44x | Rs207.20 Million |
| 2024 | 30.57% | 7.44% | 1.71x | 2.40x | Rs302.00 Million |
| 2025 | 11.05% | 7.89% | 1.06x | 1.32x | Rs45.77 Million |
| 2026 | 11.27% | 8.20% | 1.05x | 1.30x | Rs62.38 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: $10,366,605,260
- Average return on equity (ROE) among peers: 11.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kross Ltd (KROSS) | Rs4.90 Billion | 7.96% | 0.30x | $130.38 Million |
| Asahi India Glass Limited (ASAHIINDIA) | $1.98 Billion | 1.00% | 8.68x | $2.37 Billion |
| ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) | $6.32 Billion | 13.08% | 0.75x | $987.66 Million |
| Balkrishna Industries Limited (BALKRISIND) | $3.47 Billion | 23.92% | 1.79x | $4.67 Billion |
| Banco Products (I) Limited (BANCOINDIA) | $5.89 Billion | 15.26% | 0.61x | $1.03 Billion |
| Bharat Gears Limited (BHARATGEAR) | $475.08 Million | 8.51% | 2.52x | $20.83 Million |
| Bosch Limited (BOSCHLTD) | $25.63 Billion | 23.77% | 0.52x | $12.77 Billion |
| CEAT Limited (CEATLTD) | $6.54 Billion | 4.20% | 3.39x | $1.52 Billion |
| CIE Automotive India Limited (CIEINDIA) | $46.34 Billion | 7.64% | 0.88x | $1.87 Billion |
| Craftsman Automation Limited (CRAFTSMAN) | $4.92 Billion | 4.23% | 1.80x | $2.45 Billion |
| Divgi Torqtransfer Systems Limited (DIVGIITTS) | $2.10 Billion | 13.38% | 0.45x | $281.33 Million |
About 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