Lakshmi Finance & Industrial Corporation Limited (LFIC) - Net Assets

Latest as of September 2025: Rs604.59 Million INR ≈ $6.54 Million USD

Based on the latest financial reports, Lakshmi Finance & Industrial Corporation Limited (LFIC) has net assets worth Rs604.59 Million INR (≈ $6.54 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 (Rs638.02 Million ≈ $6.90 Million USD) and total liabilities (Rs33.44 Million ≈ $361.61K 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 LFIC cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs604.59 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. Also explore Lakshmi Finance & Industrial Corporation assets under control for the complete picture of this company's asset base.

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. For live valuation and market cap data, see LFIC market cap.

Year	Net Assets	Change
2025-03-31	Rs588.50 Million ≈ $6.36 Million	+4.13%
2024-03-31	Rs565.14 Million ≈ $6.11 Million	+21.06%
2023-03-31	Rs466.81 Million ≈ $5.05 Million	-0.78%
2022-03-31	Rs470.48 Million ≈ $5.09 Million	+11.40%
2021-03-31	Rs422.34 Million ≈ $4.57 Million	+25.26%
2020-03-31	Rs337.18 Million ≈ $3.65 Million	-18.39%
2019-03-31	Rs413.17 Million ≈ $4.47 Million	-1.85%
2018-03-31	Rs420.95 Million ≈ $4.55 Million	+8.66%
2017-03-31	Rs387.41 Million ≈ $4.19 Million	+8.84%
2016-03-31	Rs355.95 Million ≈ $3.85 Million	+7.12%
2015-03-31	Rs332.28 Million ≈ $3.59 Million	+13.25%
2014-03-31	Rs293.41 Million ≈ $3.17 Million	+2.07%
2013-03-31	Rs287.45 Million ≈ $3.11 Million	+0.56%
2012-03-31	Rs285.85 Million ≈ $3.09 Million	-1.41%
2011-03-31	Rs289.93 Million ≈ $3.14 Million	+9.81%
2010-03-31	Rs264.03 Million ≈ $2.86 Million	+24.29%
2009-03-31	Rs212.43 Million ≈ $2.30 Million	-10.52%
2008-03-31	Rs237.41 Million ≈ $2.57 Million	+10.68%
2007-03-31	Rs214.50 Million ≈ $2.32 Million	+28.75%
2006-03-31	Rs166.60 Million ≈ $1.80 Million	+28.46%
2005-03-31	Rs129.69 Million ≈ $1.40 Million	+20.07%
2004-03-31	Rs108.01 Million ≈ $1.17 Million	+19.92%
2000-03-31	Rs90.07 Million ≈ $974.11K	--

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	Rs222.87 Million	37.87%
Common Stock	Rs30.00 Million	5.10%
Other Comprehensive Income	Rs334.99 Million	56.92%
Other Components	Rs648.00K	0.11%
Total Equity	Rs588.50 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
CAQ Holdings Ltd AU:CAQ	$4.57 Million
Archidply Decor Limited NSE:ADL	$4.57 Million
Elkop SA WAR:EKP	$4.57 Million
Hansa Investment Company Ltd LSE:HANA	$4.58 Million
Lucapa Diamond Company Ltd AU:LOM	$4.56 Million
Ostrom Climate Solutions Inc V:COO	$4.56 Million
Super League Enterprise Inc. NASDAQ:SLE	$4.56 Million
J-Star Holding Co., Ltd. Ordinary Shares NASDAQ:YMAT	$4.56 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	Rs35.80 Million	+6.08%
Dividends Paid	Rs12.34 Million	-2.1%
Other Comprehensive Income	Rs286.97 Million	+48.76%
Other Changes	Rs-287.07 Million	-48.78%
Total Change	Rs-	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: 0.72x
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 1.48x to 0.72x 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	Rs95.33	Rs140.83	x
2008-03-31	Rs105.52	Rs140.83	x
2009-03-31	Rs70.81	Rs140.83	x
2010-03-31	Rs88.01	Rs140.83	x
2011-03-31	Rs96.64	Rs140.83	x
2012-03-31	Rs95.28	Rs140.83	x
2013-03-31	Rs95.42	Rs140.83	x
2014-03-31	Rs97.80	Rs140.83	x
2015-03-31	Rs110.76	Rs140.83	x
2016-03-31	Rs118.65	Rs140.83	x
2017-03-31	Rs129.14	Rs140.83	x
2018-03-31	Rs140.32	Rs140.83	x
2019-03-31	Rs137.72	Rs140.83	x
2020-03-31	Rs112.39	Rs140.83	x
2021-03-31	Rs140.78	Rs140.83	x
2022-03-31	Rs156.83	Rs140.83	x
2023-03-31	Rs155.60	Rs140.83	x
2024-03-31	Rs188.38	Rs140.83	x
2025-03-31	Rs196.23	Rs140.83	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	Rs35.66 Million
2008	13.53%	41.75%	0.30x	1.09x	Rs8.39 Million
2009	-9.28%	-77.52%	0.11x	1.06x	Rs-40.96 Million
2010	22.86%	0.00%	-0.01x	1.07x	Rs33.95 Million
2011	11.94%	67.32%	0.17x	1.06x	Rs5.62 Million
2012	0.40%	12.29%	0.03x	1.06x	Rs-27.43 Million
2013	1.61%	11.70%	0.13x	1.05x	Rs-24.02 Million
2014	4.60%	29.85%	0.15x	1.05x	Rs-15.85 Million
2015	15.05%	76.66%	0.18x	1.08x	Rs16.77 Million
2016	10.20%	79.96%	0.12x	1.06x	Rs706.22K
2017	8.12%	76.33%	0.10x	1.03x	Rs-7.28 Million
2018	10.97%	75.46%	0.14x	1.03x	Rs4.08 Million
2019	1.50%	23.73%	0.06x	1.04x	Rs-35.10 Million
2020	-19.53%	-268.02%	0.07x	1.06x	Rs-99.58 Million
2021	21.67%	146.73%	0.14x	1.06x	Rs49.30 Million
2022	12.13%	118.87%	0.10x	1.06x	Rs10.02 Million
2023	1.18%	18.71%	0.06x	1.05x	Rs-41.18 Million
2024	18.36%	123.41%	0.14x	1.06x	Rs47.26 Million
2025	6.08%	49.96%	0.12x	1.04x	Rs-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: $10,706,027,619
Average return on equity (ROE) among peers: 37.49%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Lakshmi Finance & Industrial Corporation Limited (LFIC)	Rs604.59 Million	26.63%	0.06x	$4.57 Million
360 ONE WAM LIMITED (360ONE)	$766.94 Million	292.13%	0.19x	$4.54 Billion
Aditya Birla Sun Life AMC Limited (ABSLAMC)	$12.21 Billion	36.61%	0.23x	$3.17 Billion
Anand Rathi Wealth Limited (ANANDRATHI)	$121.23 Million	-4.47%	1.08x	$3.23 Billion
Bajaj Holdings & Investment Limited (BAJAJHLDNG)	$43.43 Billion	12.11%	0.60x	$12.36 Billion
BF Investment Limited (BFINVEST)	$6.64 Billion	3.00%	0.00x	$169.44 Million
GACM Technologies Limited (GATECH)	$71.32 Million	15.89%	1.59x	$5.84 Million
GACM Technologies Limited (GATECHDVR)	$20.59 Million	-48.44%	3.76x	$943.54K
GFL Limited (GFLLIMITED)	$35.59 Billion	5.11%	0.99x	$57.71 Million
HDFC Asset Management Company Limited (HDFCAMC)	$7.17 Billion	44.46%	1.05x	$12.56 Billion
Jindal Photo Limited (JINDALPHOT)	$1.05 Billion	18.55%	0.48x	$123.17 Million

About Lakshmi Finance & Industrial Corporation Limited

NSE:LFIC India Asset Management

Market Cap

$4.57 Million

Rs422.49 Million INR

Market Cap Rank

#28532 Global

#1606 in India

Share Price

Rs140.83

Change (1 day)

-0.80%

52-Week Range

Rs112.50 - Rs229.16

All Time High

Rs361.35