Kalyani Steels Limited
Kalyani Steels Limited manufactures and sells iron and steel products. The company provides rolled bars for various automotive applications, including crankshaft, camshaft, connecting rods, gears, transmission shafts, axle beams, steering knuckles, and others. It also offers rolled bars for engineering applications comprising alloyed steels for use in energy, railways, defense, fasteners, materia… Read more
Kalyani Steels Limited (KSL) - Net Assets
Latest net assets as of September 2025: ₹19.71 Billion INR
Based on the latest financial reports, Kalyani Steels Limited (KSL) has net assets worth ₹19.71 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 (₹28.23 Billion) and total liabilities (₹8.52 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 | ₹19.71 Billion |
| % of Total Assets | 69.83% |
| Annual Growth Rate | 10.13% |
| 5-Year Change | 64.57% |
| 10-Year Change | 221.08% |
| Growth Volatility | 17.0 |
Kalyani Steels Limited - Net Assets Trend (2005–2025)
This chart illustrates how Kalyani Steels Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kalyani Steels Limited (2005–2025)
The table below shows the annual net assets of Kalyani Steels Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹18.92 Billion | +12.60% |
| 2024-03-31 | ₹16.80 Billion | +12.79% |
| 2023-03-31 | ₹14.89 Billion | +8.92% |
| 2022-03-31 | ₹13.67 Billion | +18.97% |
| 2021-03-31 | ₹11.49 Billion | +19.80% |
| 2020-03-31 | ₹9.59 Billion | +8.45% |
| 2019-03-31 | ₹8.85 Billion | +13.49% |
| 2018-03-31 | ₹7.80 Billion | +4.68% |
| 2017-03-31 | ₹7.45 Billion | +26.40% |
| 2016-03-31 | ₹5.89 Billion | +23.78% |
| 2015-03-31 | ₹4.76 Billion | +19.63% |
| 2014-03-31 | ₹3.98 Billion | +12.20% |
| 2013-03-31 | ₹3.55 Billion | +4.79% |
| 2012-03-31 | ₹3.38 Billion | +5.28% |
| 2011-03-31 | ₹3.21 Billion | +16.09% |
| 2010-03-31 | ₹2.77 Billion | -50.54% |
| 2009-03-31 | ₹5.60 Billion | -0.55% |
| 2008-03-31 | ₹5.63 Billion | +13.47% |
| 2007-03-31 | ₹4.96 Billion | +34.84% |
| 2006-03-31 | ₹3.68 Billion | +33.99% |
| 2005-03-31 | ₹2.75 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kalyani Steels 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 706.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹18.74 Billion | 99.06% |
| Common Stock | ₹218.64 Million | 1.16% |
| Other Comprehensive Income | ₹-41.36 Million | -0.22% |
| Total Equity | ₹18.91 Billion | 100.00% |
Kalyani Steels Limited Competitors by Market Cap
The table below lists competitors of Kalyani Steels Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Photocure
OL:PHO
|
$114.80 Million |
|
Fabasoft AG
PINK:FBSFF
|
$114.81 Million |
|
SCI Pharmtech Inc
TW:4119
|
$114.82 Million |
|
MultiPlan Corporation
NYSE:MPLN
|
$114.82 Million |
|
Sitka Gold Corp
OTCQB:SITKF
|
$114.76 Million |
|
IAR Systems Group AB (publ)
PINK:IARGF
|
$114.75 Million |
|
079900
KO:079900
|
$114.70 Million |
|
ENDAE
IS:ENDAE
|
$114.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kalyani Steels Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 16,798,390,000 to 18,914,610,000, a change of 2,116,220,000 (12.6%).
- Net income of 2,562,360,000 contributed positively to equity growth.
- Dividend payments of 436,530,000 reduced retained earnings.
- Other comprehensive income decreased equity by 419,270,000.
- Other factors increased equity by 409,660,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹2.56 Billion | +13.55% |
| Dividends Paid | ₹436.53 Million | -2.31% |
| Other Comprehensive Income | ₹-419.27 Million | -2.22% |
| Other Changes | ₹409.66 Million | +2.17% |
| Total Change | ₹- | 12.60% |
Book Value vs Market Value Analysis
This analysis compares Kalyani Steels 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: 1.51x
- 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 10.02x to 1.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹65.29 | ₹654.40 | x |
| 2006-03-31 | ₹87.48 | ₹654.40 | x |
| 2007-03-31 | ₹116.46 | ₹654.40 | x |
| 2008-03-31 | ₹128.94 | ₹654.40 | x |
| 2009-03-31 | ₹128.23 | ₹654.40 | x |
| 2010-03-31 | ₹63.43 | ₹654.40 | x |
| 2011-03-31 | ₹73.63 | ₹654.40 | x |
| 2012-03-31 | ₹77.52 | ₹654.40 | x |
| 2013-03-31 | ₹81.23 | ₹654.40 | x |
| 2014-03-31 | ₹91.14 | ₹654.40 | x |
| 2015-03-31 | ₹109.03 | ₹654.40 | x |
| 2016-03-31 | ₹134.93 | ₹654.40 | x |
| 2017-03-31 | ₹170.58 | ₹654.40 | x |
| 2018-03-31 | ₹179.76 | ₹654.40 | x |
| 2019-03-31 | ₹203.93 | ₹654.40 | x |
| 2020-03-31 | ₹220.62 | ₹654.40 | x |
| 2021-03-31 | ₹264.20 | ₹654.40 | x |
| 2022-03-31 | ₹313.26 | ₹654.40 | x |
| 2023-03-31 | ₹341.21 | ₹654.40 | x |
| 2024-03-31 | ₹384.82 | ₹654.40 | x |
| 2025-03-31 | ₹433.30 | ₹654.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kalyani Steels 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): 13.55%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.93%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 1.44x
- Recent ROE (13.55%) is below the historical average (15.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 18.62% | 6.61% | 1.24x | 2.27x | ₹236.58 Million |
| 2006 | 29.30% | 19.29% | 0.76x | 1.99x | ₹710.11 Million |
| 2007 | 19.32% | 10.82% | 0.91x | 1.96x | ₹462.32 Million |
| 2008 | 15.56% | 9.18% | 0.81x | 2.10x | ₹313.12 Million |
| 2009 | 0.64% | 0.36% | 0.88x | 1.99x | ₹-523.97 Million |
| 2010 | 15.63% | 4.24% | 1.24x | 2.96x | ₹155.89 Million |
| 2011 | 16.27% | 4.32% | 1.45x | 2.59x | ₹201.55 Million |
| 2012 | 6.51% | 2.27% | 1.21x | 2.36x | ₹-118.03 Million |
| 2013 | 6.73% | 2.95% | 0.92x | 2.49x | ₹-115.92 Million |
| 2014 | 14.73% | 5.25% | 1.08x | 2.60x | ₹188.01 Million |
| 2015 | 17.50% | 6.79% | 1.13x | 2.28x | ₹357.20 Million |
| 2016 | 19.26% | 9.61% | 0.94x | 2.13x | ₹545.53 Million |
| 2017 | 20.90% | 10.94% | 1.01x | 1.89x | ₹811.43 Million |
| 2018 | 14.73% | 8.73% | 1.03x | 1.63x | ₹371.37 Million |
| 2019 | 14.80% | 9.52% | 1.00x | 1.55x | ₹426.97 Million |
| 2020 | 14.19% | 11.62% | 0.86x | 1.42x | ₹403.05 Million |
| 2021 | 16.50% | 16.31% | 0.71x | 1.43x | ₹749.49 Million |
| 2022 | 17.76% | 14.32% | 0.75x | 1.65x | ₹1.06 Billion |
| 2023 | 11.21% | 8.79% | 0.81x | 1.58x | ₹180.79 Million |
| 2024 | 14.81% | 12.70% | 0.76x | 1.53x | ₹808.00 Million |
| 2025 | 13.55% | 12.93% | 0.73x | 1.44x | ₹670.90 Million |
Industry Comparison
This section compares Kalyani Steels Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $2,077,213,375
- Average return on equity (ROE) among peers: 17.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kalyani Steels Limited (KSL) | ₹19.71 Billion | 18.62% | 0.43x | $114.76 Million |
| Ankit Metal & Power Limited (ANKITMETAL) | $-100.86 Million | 0.00% | 0.00x | $722.48K |
| APL Apollo Tubes Limited (APLAPOLLO) | $24.64 Billion | 25.12% | 0.81x | $4.04 Billion |
| Ashoka Metcast Limited (ASHOKAMET) | $23.00K | 60.87% | 7947.74x | $1.75 Million |
| Bansal Wire Industries Ltd (BANSALWIRE) | $2.83 Billion | 21.21% | 1.65x | $84.98 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $1.45 Billion | 17.08% | 3.51x | $8.02 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $1.38 Billion | 0.97% | 2.02x | $61.29 Million |
| Electrotherm (India) Limited (ELECTHERM) | $-10.96 Billion | 0.00% | 0.00x | $31.33 Million |
| Gallantt Ispat Limited (GALLANTT) | $1.10 Billion | 27.96% | 1.96x | $327.71 Million |
| Grand Foundry Limited (GFSTEELS) | $-57.50 Million | 0.00% | 0.00x | $1.30 Million |
| Goodluck India Limited (GOODLUCK) | $490.54 Million | 25.50% | 2.98x | $163.26 Million |