Lakshmi Finance & Industrial Corporation Limited
Lakshmi Finance & Industrial Corporation Limited, a non-banking finance company, invests in equity shares, mutual funds, and other securities in India. The company was formerly known as The Andhra Bank Ltd. and changed its name to Lakshmi Finance & Industrial Corporation Limited in April 1980. Lakshmi Finance & Industrial Corporation Limited was incorporated in 1923 and is based in Hyderabad, Ind… Read more
Lakshmi Finance & Industrial Corporation Limited (LFIC) - Net Assets
Latest net assets as of September 2025: ₹604.59 Million INR
Based on the latest financial reports, Lakshmi Finance & Industrial Corporation Limited (LFIC) has net assets worth ₹604.59 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 (₹638.02 Million) and total liabilities (₹33.44 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 | ₹604.59 Million |
| % of Total Assets | 94.76% |
| Annual Growth Rate | 7.8% |
| 5-Year Change | 39.34% |
| 10-Year Change | 65.33% |
| Growth Volatility | 12.2 |
Lakshmi Finance & Industrial Corporation Limited - Net Assets Trend (2000–2025)
This chart illustrates how Lakshmi Finance & Industrial Corporation 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 Lakshmi Finance & Industrial Corporation Limited (2000–2025)
The table below shows the annual net assets of Lakshmi Finance & Industrial Corporation Limited from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹588.50 Million | +4.13% |
| 2024-03-31 | ₹565.14 Million | +21.06% |
| 2023-03-31 | ₹466.81 Million | -0.78% |
| 2022-03-31 | ₹470.48 Million | +11.40% |
| 2021-03-31 | ₹422.34 Million | +25.26% |
| 2020-03-31 | ₹337.18 Million | -18.39% |
| 2019-03-31 | ₹413.17 Million | -1.85% |
| 2018-03-31 | ₹420.95 Million | +8.66% |
| 2017-03-31 | ₹387.41 Million | +8.84% |
| 2016-03-31 | ₹355.95 Million | +7.12% |
| 2015-03-31 | ₹332.28 Million | +13.25% |
| 2014-03-31 | ₹293.41 Million | +2.07% |
| 2013-03-31 | ₹287.45 Million | +0.56% |
| 2012-03-31 | ₹285.85 Million | -1.41% |
| 2011-03-31 | ₹289.93 Million | +9.81% |
| 2010-03-31 | ₹264.03 Million | +24.29% |
| 2009-03-31 | ₹212.43 Million | -10.52% |
| 2008-03-31 | ₹237.41 Million | +10.68% |
| 2007-03-31 | ₹214.50 Million | +28.75% |
| 2006-03-31 | ₹166.60 Million | +28.46% |
| 2005-03-31 | ₹129.69 Million | +20.07% |
| 2004-03-31 | ₹108.01 Million | +19.92% |
| 2000-03-31 | ₹90.07 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lakshmi Finance & Industrial Corporation 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 1244.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹222.87 Million | 37.87% |
| Common Stock | ₹30.00 Million | 5.10% |
| Other Comprehensive Income | ₹334.99 Million | 56.92% |
| Other Components | ₹648.00K | 0.11% |
| Total Equity | ₹588.50 Million | 100.00% |
Lakshmi Finance & Industrial Corporation Limited Competitors by Market Cap
The table below lists competitors of Lakshmi Finance & Industrial Corporation Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pearl Gull Iron Ltd
AU:PLG
|
$2.39 Million |
|
Lilium N.V.
PINK:LILWF
|
$2.39 Million |
|
PT Hetzer Medical Indonesia Tb
JK:MEDS
|
$2.39 Million |
|
Gungnir Resources Inc
PINK:ASWRF
|
$2.39 Million |
|
CannaPharmaRx Inc
PINK:CPMD
|
$2.39 Million |
|
OSI SYSTEMS
MU:OS2
|
$2.38 Million |
|
AIR PROD.&CHEMICALS
MU:AP3
|
$2.38 Million |
|
Menteng Heritage Realty Tbk PT
JK:HRME
|
$2.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lakshmi Finance & Industrial Corporation Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 565,140,000 to 588,498,000, a change of 23,358,000 (4.1%).
- Net income of 35,798,000 contributed positively to equity growth.
- Dividend payments of 12,340,000 reduced retained earnings.
- Other comprehensive income increased equity by 286,970,000.
- Other factors decreased equity by 287,070,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹35.80 Million | +6.08% |
| Dividends Paid | ₹12.34 Million | -2.1% |
| Other Comprehensive Income | ₹286.97 Million | +48.76% |
| Other Changes | ₹-287.07 Million | -48.78% |
| Total Change | ₹- | 4.13% |
Book Value vs Market Value Analysis
This analysis compares Lakshmi Finance & Industrial Corporation 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: 0.63x
- 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.
- The price-to-book ratio has decreased from 1.30x to 0.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-03-31 | ₹95.33 | ₹123.51 | x |
| 2008-03-31 | ₹105.52 | ₹123.51 | x |
| 2009-03-31 | ₹70.81 | ₹123.51 | x |
| 2010-03-31 | ₹88.01 | ₹123.51 | x |
| 2011-03-31 | ₹96.64 | ₹123.51 | x |
| 2012-03-31 | ₹95.28 | ₹123.51 | x |
| 2013-03-31 | ₹95.42 | ₹123.51 | x |
| 2014-03-31 | ₹97.80 | ₹123.51 | x |
| 2015-03-31 | ₹110.76 | ₹123.51 | x |
| 2016-03-31 | ₹118.65 | ₹123.51 | x |
| 2017-03-31 | ₹129.14 | ₹123.51 | x |
| 2018-03-31 | ₹140.32 | ₹123.51 | x |
| 2019-03-31 | ₹137.72 | ₹123.51 | x |
| 2020-03-31 | ₹112.39 | ₹123.51 | x |
| 2021-03-31 | ₹140.78 | ₹123.51 | x |
| 2022-03-31 | ₹156.83 | ₹123.51 | x |
| 2023-03-31 | ₹155.60 | ₹123.51 | x |
| 2024-03-31 | ₹188.38 | ₹123.51 | x |
| 2025-03-31 | ₹196.23 | ₹123.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lakshmi Finance & Industrial Corporation 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): 6.08%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 49.96%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 1.04x
- Recent ROE (6.08%) is below the historical average (8.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 26.63% | 91.90% | 0.27x | 1.09x | ₹35.66 Million |
| 2008 | 13.53% | 41.75% | 0.30x | 1.09x | ₹8.39 Million |
| 2009 | -9.28% | -77.52% | 0.11x | 1.06x | ₹-40.96 Million |
| 2010 | 22.86% | 0.00% | -0.01x | 1.07x | ₹33.95 Million |
| 2011 | 11.94% | 67.32% | 0.17x | 1.06x | ₹5.62 Million |
| 2012 | 0.40% | 12.29% | 0.03x | 1.06x | ₹-27.43 Million |
| 2013 | 1.61% | 11.70% | 0.13x | 1.05x | ₹-24.02 Million |
| 2014 | 4.60% | 29.85% | 0.15x | 1.05x | ₹-15.85 Million |
| 2015 | 15.05% | 76.66% | 0.18x | 1.08x | ₹16.77 Million |
| 2016 | 10.20% | 79.96% | 0.12x | 1.06x | ₹706.22K |
| 2017 | 8.12% | 76.33% | 0.10x | 1.03x | ₹-7.28 Million |
| 2018 | 10.97% | 75.46% | 0.14x | 1.03x | ₹4.08 Million |
| 2019 | 1.50% | 23.73% | 0.06x | 1.04x | ₹-35.10 Million |
| 2020 | -19.53% | -268.02% | 0.07x | 1.06x | ₹-99.58 Million |
| 2021 | 21.67% | 146.73% | 0.14x | 1.06x | ₹49.30 Million |
| 2022 | 12.13% | 118.87% | 0.10x | 1.06x | ₹10.02 Million |
| 2023 | 1.18% | 18.71% | 0.06x | 1.05x | ₹-41.18 Million |
| 2024 | 18.36% | 123.41% | 0.14x | 1.06x | ₹47.26 Million |
| 2025 | 6.08% | 49.96% | 0.12x | 1.04x | ₹-23.05 Million |
Industry Comparison
This section compares Lakshmi Finance & Industrial Corporation Limited's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $91,674,427,584
- Average return on equity (ROE) among peers: 55.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lakshmi Finance & Industrial Corporation Limited (LFIC) | ₹604.59 Million | 26.63% | 0.06x | $2.39 Million |
| 360 ONE WAM LIMITED (360ONE) | $29.10 Billion | 12.87% | 2.36x | $3.13 Billion |
| Aditya Birla Sun Life AMC Limited (ABSLAMC) | $37.27 Billion | 24.97% | 0.10x | $1.69 Billion |
| Anand Rathi Wealth Limited (ANANDRATHI) | $4.80 Billion | 35.08% | 0.30x | $1.32 Billion |
| Bajaj Holdings & Investment Limited (BAJAJHLDNG) | $726.69 Billion | 8.97% | 0.04x | $4.77 Billion |
| BF Investment Limited (BFINVEST) | $17.11 Billion | 8.44% | 0.13x | $27.74 Million |
| GACM Technologies Limited (GATECH) | $723.30 Million | 20.08% | 0.11x | $3.20 Million |
| GFL Limited (GFLLIMITED) | $59.60 Billion | 4.25% | 0.66x | $7.59 Million |
| HDFC Asset Management Company Limited (HDFCAMC) | $40.29 Billion | 31.33% | 0.07x | $5.53 Billion |
| Jindal Photo Limited (JINDALPHOT) | $983.01 Million | -0.04% | 0.20x | $18.21 Million |
| JIO Financial Services Ltd (JIOFIN) | $174.39 Million | 412.87% | 1.31x | $9.07 Billion |