Marshall Machines Limited (MARSHALL) - Net Assets

Latest as of March 2024: Rs760.20 Million INR ≈ $8.22 Million USD

Based on the latest financial reports, Marshall Machines Limited (MARSHALL) has net assets worth Rs760.20 Million INR (≈ $8.22 Million USD) as of March 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs1.56 Billion ≈ $16.90 Million USD) and total liabilities (Rs802.95 Million ≈ $8.68 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 Marshall Machines Limited liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs760.20 Million
% of Total Assets	48.63%
Annual Growth Rate	25.11%
5-Year Change	84.2%
10-Year Change	811.71%
Growth Volatility	43.99

Marshall Machines Limited - Net Assets Trend (2014–2024)

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

Annual Net Assets for Marshall Machines Limited (2014–2024)

The table below shows the annual net assets of Marshall Machines Limited from 2014 to 2024. For live valuation and market cap data, see how much is Marshall Machines Limited worth.

Year	Net Assets	Change
2024-03-31	Rs760.20 Million ≈ $8.22 Million	+92.31%
2023-03-31	Rs395.31 Million ≈ $4.28 Million	-14.03%
2022-03-31	Rs459.79 Million ≈ $4.97 Million	-6.26%
2021-03-31	Rs490.52 Million ≈ $5.30 Million	+18.86%
2020-03-31	Rs412.69 Million ≈ $4.46 Million	+7.16%
2019-03-31	Rs385.14 Million ≈ $4.17 Million	+115.51%
2018-03-31	Rs178.71 Million ≈ $1.93 Million	+81.27%
2017-03-31	Rs98.58 Million ≈ $1.07 Million	+12.62%
2016-03-31	Rs87.53 Million ≈ $946.66K	+4.98%
2015-03-31	Rs83.38 Million ≈ $901.74K	+3.09%
2014-03-31	Rs80.89 Million ≈ $874.75K	--

Equity Component Analysis

This analysis shows how different components contribute to Marshall Machines 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 38.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2024)

Component	Amount	Percentage
Retained Earnings	Rs79.43 Million	10.45%
Common Stock	Rs239.01 Million	31.44%
Other Comprehensive Income	Rs521.19 Million	68.56%
Total Equity	Rs760.20 Million	100.00%

Marshall Machines Limited Competitors by Market Cap

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

Company	Market Cap
Goldflare Exploration Inc V:GOFL	$941.06K
Bladeranger Ltd TA:BLRN	$943.41K
GACM Technologies Limited NSE:GATECHDVR	$943.54K
CENTAURUS ENERGY INC. F:72M0	$944.23K
Science in Sport plc LSE:SIS	$938.40K
GENERAL COPPER GOLD CORP. F:7S50	$938.30K
Inti Kapuas Arowana Tbk JK:IIKP	$937.54K
Hanstone Gold Corp V:HANS	$934.85K

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 395,306,000 to 760,204,000, a change of 364,898,000 (92.3%).
Net loss of 53,987,000 reduced equity.
Share repurchases of 418,934,520 reduced equity.
New share issuances of 418,935,000 increased equity.
Other comprehensive income increased equity by 521,192,000.
Other factors decreased equity by 102,307,480.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	Rs-53.99 Million	-7.1%
Share Repurchases	Rs418.93 Million	-55.11%
Share Issuances	Rs418.94 Million	+55.11%
Other Comprehensive Income	Rs521.19 Million	+68.56%
Other Changes	Rs-102.31 Million	-13.46%
Total Change	Rs-	92.31%

Book Value vs Market Value Analysis

This analysis compares Marshall Machines 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: 0.11x
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 0.65x to 0.11x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2014-03-31	Rs5.56	Rs3.64	x
2015-03-31	Rs5.73	Rs3.64	x
2016-03-31	Rs6.02	Rs3.64	x
2017-03-31	Rs6.78	Rs3.64	x
2018-03-31	Rs12.28	Rs3.64	x
2019-03-31	Rs33.17	Rs3.64	x
2020-03-31	Rs24.74	Rs3.64	x
2021-03-31	Rs29.41	Rs3.64	x
2022-03-31	Rs27.56	Rs3.64	x
2023-03-31	Rs23.70	Rs3.64	x
2024-03-31	Rs31.81	Rs3.64	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Marshall Machines 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): -7.10%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -19.31%
• Asset Turnover: 0.18x
• Equity Multiplier: 2.06x
Recent ROE (-7.10%) is below the historical average (4.16%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2014	7.26%	1.51%	0.74x	6.52x	Rs-2.21 Million
2015	2.99%	0.60%	0.70x	7.14x	Rs-5.84 Million
2016	4.74%	0.95%	0.73x	6.78x	Rs-4.60 Million
2017	11.21%	2.22%	0.77x	6.60x	Rs1.19 Million
2018	28.00%	8.47%	0.74x	4.46x	Rs32.16 Million
2019	14.99%	8.94%	0.60x	2.80x	Rs19.23 Million
2020	7.21%	5.04%	0.49x	2.93x	Rs-11.52 Million
2021	0.74%	0.54%	0.50x	2.71x	Rs-45.41 Million
2022	-6.82%	-5.20%	0.45x	2.94x	Rs-77.34 Million
2023	-17.45%	-20.00%	0.24x	3.57x	Rs-108.53 Million
2024	-7.10%	-19.31%	0.18x	2.06x	Rs-130.01 Million

Industry Comparison

This section compares Marshall Machines Limited's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

Industry: Specialty Industrial Machinery
Average net assets among peers: $37,677,440,843
Average return on equity (ROE) among peers: 17.39%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Marshall Machines Limited (MARSHALL)	Rs760.20 Million	7.26%	1.06x	$940.88K
Aaron Industries Limited (AARON)	$550.00K	66.55%	18.36x	$31.35 Million
Ador Welding Limited (ADORWELD)	$1.47 Billion	17.36%	0.26x	$184.52 Million
The Anup Engineering Limited (ANUP)	$3.37 Billion	15.88%	0.28x	$446.74 Million
ATAM VALVES ORD (BSE) (ATAM)	$37.09 Million	13.75%	4.00x	$8.50 Million
Azad Engineering Limited (AZAD)	$1.20 Billion	24.55%	2.37x	$1.51 Billion
Bharat Heavy Electricals Limited (BHEL)	$323.31 Billion	1.36%	0.97x	$13.27 Billion
Cummins India Limited (CUMMINSIND)	$51.45 Billion	18.15%	0.38x	$15.79 Billion
Diamond Power Infrastructure Limited (DIACABS)	$-6.22 Billion	0.00%	0.00x	$899.30 Million
Diffusion Engineers Ltd (DIFFNKG)	$1.91 Billion	16.05%	0.44x	$120.60 Million
Ducon Infratechnologies Limited (DUCON)	$236.88 Million	0.26%	0.31x	$11.42 Million

About Marshall Machines Limited

NSE:MARSHALL India Specialty Industrial Machinery

Market Cap

$940.88K

Rs87.00 Million INR

Market Cap Rank

#30253 Global

#1698 in India

Share Price

Rs3.64

Change (1 day)

+0.00%

52-Week Range

Rs3.64 - Rs11.79

All Time High

Rs70.45