Linc Limited (LINC) - Net Assets

Latest as of September 2025: Rs2.42 Billion INR ≈ $26.20 Million USD

Based on the latest financial reports, Linc Limited (LINC) has net assets worth Rs2.42 Billion INR (≈ $26.20 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 (Rs3.49 Billion ≈ $37.77 Million USD) and total liabilities (Rs1.07 Billion ≈ $11.57 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 Linc Limited (LINC) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs2.42 Billion
% of Total Assets	69.36%
Annual Growth Rate	12.16%
5-Year Change	74.98%
10-Year Change	133.09%
Growth Volatility	10.52

Linc Limited - Net Assets Trend (2005–2024)

This chart illustrates how Linc Limited's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Linc Limited for the complete picture of this company's asset base.

Annual Net Assets for Linc Limited (2005–2024)

The table below shows the annual net assets of Linc Limited from 2005 to 2024. For live valuation and market cap data, see market cap of Linc Limited.

Year	Net Assets	Change
2024-12-31	Rs2.36 Billion ≈ $25.49 Million	+14.50%
2023-12-31	Rs2.06 Billion ≈ $22.26 Million	+16.15%
2022-12-31	Rs1.77 Billion ≈ $19.17 Million	+24.06%
2021-12-31	Rs1.43 Billion ≈ $15.45 Million	+6.05%
2020-12-31	Rs1.35 Billion ≈ $14.57 Million	-1.66%
2019-12-31	Rs1.37 Billion ≈ $14.81 Million	+11.03%
2018-12-31	Rs1.23 Billion ≈ $13.34 Million	+2.15%
2017-12-31	Rs1.21 Billion ≈ $13.06 Million	+2.09%
2016-12-31	Rs1.18 Billion ≈ $12.79 Million	+16.98%
2015-12-31	Rs1.01 Billion ≈ $10.94 Million	+14.73%
2014-12-31	Rs881.41 Million ≈ $9.53 Million	+12.10%
2013-12-31	Rs786.26 Million ≈ $8.50 Million	+11.40%
2012-12-31	Rs705.77 Million ≈ $7.63 Million	+48.34%
2011-12-31	Rs475.79 Million ≈ $5.15 Million	+0.44%
2010-12-31	Rs473.68 Million ≈ $5.12 Million	+13.72%
2009-12-31	Rs416.52 Million ≈ $4.50 Million	+15.86%
2008-12-31	Rs359.50 Million ≈ $3.89 Million	+10.48%
2007-12-31	Rs325.39 Million ≈ $3.52 Million	+12.92%
2006-12-31	Rs288.17 Million ≈ $3.12 Million	+8.20%
2005-12-31	Rs266.33 Million ≈ $2.88 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Linc 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 15585900000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	Rs155.86 Million	6.64%
Common Stock	Rs297.45 Million	12.68%
Other Comprehensive Income	Rs2.05 Billion	87.32%
Total Equity	Rs2.35 Billion	100.00%

Linc Limited Competitors by Market Cap

The table below lists competitors of Linc Limited ranked by their market capitalization.

Company	Market Cap
Wooree Bio Co.Ltd KQ:082850	$64.91 Million
Urja Global Limited NSE:URJA	$64.95 Million
Catalyst Bancorp Inc NASDAQ:CLST	$64.99 Million
Kukje Pharma Co Ltd KO:002720	$65.00 Million
Gedeon Richter PLC LSE:0QFP	$64.85 Million
Kazia Therapeutics Ltd ADR NASDAQ:KZIA	$64.84 Million
GameSparcs Co Ltd TWO:6542	$64.84 Million
Northview Acquisition Corp NASDAQ:NVAC	$64.77 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Linc Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 2,043,969,000 to 2,345,647,000, a change of 301,678,000 (14.8%).
Net income of 380,442,000 contributed positively to equity growth.
Dividend payments of 74,361,000 reduced retained earnings.
Other comprehensive income increased equity by 515,300,000.
Other factors decreased equity by 519,703,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	Rs380.44 Million	+16.22%
Dividends Paid	Rs74.36 Million	-3.17%
Other Comprehensive Income	Rs515.30 Million	+21.97%
Other Changes	Rs-519.70 Million	-22.16%
Total Change	Rs-	14.76%

Book Value vs Market Value Analysis

This analysis compares Linc 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: 2.56x
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 3.03x to 2.56x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-12-31	Rs33.29	Rs100.88	x
2006-12-31	Rs36.02	Rs100.88	x
2007-12-31	Rs25.45	Rs100.88	x
2008-12-31	Rs28.12	Rs100.88	x
2009-12-31	Rs32.58	Rs100.88	x
2010-12-31	Rs37.05	Rs100.88	x
2011-12-31	Rs37.21	Rs100.88	x
2012-12-31	Rs50.92	Rs100.88	x
2013-12-31	Rs53.18	Rs100.88	x
2014-12-31	Rs59.61	Rs100.88	x
2015-12-31	Rs68.39	Rs100.88	x
2016-12-31	Rs80.00	Rs100.88	x
2017-12-31	Rs81.68	Rs100.88	x
2018-12-31	Rs83.44	Rs100.88	x
2019-12-31	Rs92.10	Rs100.88	x
2020-12-31	Rs90.57	Rs100.88	x
2021-12-31	Rs96.05	Rs100.88	x
2022-12-31	Rs119.17	Rs100.88	x
2023-12-31	Rs137.43	Rs100.88	x
2024-12-31	Rs39.46	Rs100.88	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Linc 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): 16.22%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 7.00%
• Asset Turnover: 1.59x
• Equity Multiplier: 1.45x
Recent ROE (16.22%) is above the historical average (12.52%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	12.10%	2.40%	1.93x	2.62x	Rs5.61 Million
2006	11.48%	2.30%	1.77x	2.82x	Rs4.26 Million
2007	15.47%	2.84%	1.85x	2.94x	Rs17.80 Million
2008	14.01%	2.64%	1.88x	2.82x	Rs14.43 Million
2009	20.16%	3.72%	2.40x	2.26x	Rs42.30 Million
2010	17.73%	3.31%	2.05x	2.61x	Rs36.63 Million
2011	3.57%	0.62%	2.08x	2.78x	Rs-30.62 Million
2012	7.67%	1.77%	2.06x	2.10x	Rs-16.43 Million
2013	14.64%	3.66%	2.01x	1.99x	Rs36.46 Million
2014	16.25%	4.50%	2.15x	1.68x	Rs55.10 Million
2015	18.12%	5.32%	1.86x	1.83x	Rs82.08 Million
2016	14.51%	4.76%	1.72x	1.77x	Rs53.40 Million
2017	6.49%	2.41%	1.37x	1.96x	Rs-42.36 Million
2018	4.42%	1.52%	1.54x	1.89x	Rs-68.87 Million
2019	14.05%	4.91%	1.60x	1.79x	Rs55.49 Million
2020	0.03%	0.02%	1.26x	1.49x	Rs-134.31 Million
2021	5.69%	2.31%	1.74x	1.41x	Rs-61.52 Million
2022	21.10%	7.76%	2.03x	1.34x	Rs196.75 Million
2023	16.74%	6.79%	1.63x	1.51x	Rs137.68 Million
2024	16.22%	7.00%	1.59x	1.45x	Rs145.88 Million

Industry Comparison

This section compares Linc Limited's net assets metrics with peer companies in the Business Equipment & Supplies industry.

Industry Context

Industry: Business Equipment & Supplies
Average net assets among peers: $1,361,168,000
Average return on equity (ROE) among peers: 16.87%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Linc Limited (LINC)	Rs2.42 Billion	12.10%	0.44x	$64.90 Million
Control Print Limited (CONTROLPR)	$1.35 Billion	19.11%	0.37x	$110.15 Million
DOMS Industries Limited (DOMS)	$2.42 Billion	-3.73%	0.89x	$1.50 Billion
FLAIR (FLAIR)	$701.50 Million	58.68%	2.63x	$363.31 Million
Kokuyo Camlin Limited (KOKUYOCMLN)	$2.14 Billion	2.35%	0.96x	$100.99 Million
Kshitij Polyline Limited (KSHITIJPOL)	$202.90 Million	7.93%	2.67x	$3.16 Million

About Linc Limited

NSE:LINC India Business Equipment & Supplies

Market Cap

$64.90 Million

Rs6.00 Billion INR

Market Cap Rank

#20874 Global

#1136 in India

Share Price

Rs100.88

Change (1 day)

-1.35%

52-Week Range

Rs86.57 - Rs156.77

All Time High

Rs853.42