Melstar Information Technologies Limited
Melstar Information Technologies Limited, a software services company, provides various information technology (IT) solutions primarily to banking, insurance, government, education, healthcare, and IT sectors in India and internationally. It offers application development services; application management, maintenance, and support services; packaged application services, including consulting, impl… Read more
Melstar Information Technologies Limited (MELSTAR) - Net Assets
Latest net assets as of September 2024: ₹83.07 Million INR
Based on the latest financial reports, Melstar Information Technologies Limited (MELSTAR) has net assets worth ₹83.07 Million INR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹98.52 Million) and total liabilities (₹15.46 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 | ₹83.07 Million |
| % of Total Assets | 84.31% |
| Annual Growth Rate | -2.28% |
| 5-Year Change | N/A |
| 10-Year Change | -21.91% |
| Growth Volatility | 132.08 |
Melstar Information Technologies Limited - Net Assets Trend (2008–2024)
This chart illustrates how Melstar Information Technologies 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 Melstar Information Technologies Limited (2008–2024)
The table below shows the annual net assets of Melstar Information Technologies Limited from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | ₹60.79 Million | +209.82% |
| 2023-03-31 | ₹-55.36 Million | -0.18% |
| 2022-03-31 | ₹-55.26 Million | -5.73% |
| 2021-03-31 | ₹-52.26 Million | -49.56% |
| 2020-03-31 | ₹-34.94 Million | -402.67% |
| 2019-03-31 | ₹11.54 Million | -8.71% |
| 2018-03-31 | ₹12.65 Million | -68.62% |
| 2017-03-31 | ₹40.31 Million | -49.35% |
| 2016-03-31 | ₹79.58 Million | +2.22% |
| 2015-03-31 | ₹77.85 Million | -19.98% |
| 2014-03-31 | ₹97.29 Million | -20.51% |
| 2013-03-31 | ₹122.40 Million | -9.71% |
| 2012-03-31 | ₹135.56 Million | +12.00% |
| 2011-03-31 | ₹121.03 Million | -46.66% |
| 2010-03-31 | ₹226.91 Million | +224.09% |
| 2009-03-31 | ₹70.02 Million | -20.43% |
| 2008-03-31 | ₹87.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Melstar Information Technologies 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 14015838400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₹142.83 Million | 234.95% |
| Total Equity | ₹60.79 Million | 100.00% |
Melstar Information Technologies Limited Competitors by Market Cap
The table below lists competitors of Melstar Information Technologies Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TALLINK GROUP
MU:T5N
|
$5.97K |
|
Dayou Automotive Seat Technology Co. Ltd.
KQ:002880
|
$5.97K |
|
DCG Cables & Wires Ltd
NSE:DCG
|
$5.98K |
|
Windar Photonics Plc
LSE:WPHO
|
$5.98K |
|
Blencowe Resources Plc
LSE:BRES
|
$5.95K |
|
Carbon Revolution Public Limited Company Warrant
NASDAQ:CREVW
|
$5.95K |
|
185190
KO:185190
|
$5.95K |
|
STANDARD CHARTERED BOTSWANA LIMITED
XBOT:SCBB-EQO
|
$5.95K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Melstar Information Technologies Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -55,357,000 to 60,791,000, a change of 116,148,000.
- Net income of 112,793,000 contributed positively to equity growth.
- Other factors increased equity by 3,355,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹112.79 Million | +185.54% |
| Other Changes | ₹3.35 Million | +5.52% |
| Total Change | ₹- | % |
Book Value vs Market Value Analysis
This analysis compares Melstar Information Technologies 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: 0.02x
- 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 0.69x to 0.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-03-31 | ₹6.16 | ₹4.25 | x |
| 2009-03-31 | ₹4.90 | ₹4.25 | x |
| 2010-03-31 | ₹15.89 | ₹4.25 | x |
| 2011-03-31 | ₹8.47 | ₹4.25 | x |
| 2012-03-31 | ₹9.49 | ₹4.25 | x |
| 2013-03-31 | ₹8.57 | ₹4.25 | x |
| 2014-03-31 | ₹6.81 | ₹4.25 | x |
| 2015-03-31 | ₹5.45 | ₹4.25 | x |
| 2016-03-31 | ₹5.57 | ₹4.25 | x |
| 2017-03-31 | ₹2.82 | ₹4.25 | x |
| 2018-03-31 | ₹0.89 | ₹4.25 | x |
| 2019-03-31 | ₹0.81 | ₹4.25 | x |
| 2020-03-31 | ₹-2.45 | ₹4.25 | x |
| 2021-03-31 | ₹-3.67 | ₹4.25 | x |
| 2022-03-31 | ₹-3.83 | ₹4.25 | x |
| 2023-03-31 | ₹-3.83 | ₹4.25 | x |
| 2024-03-31 | ₹212.89 | ₹4.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Melstar Information Technologies 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): 185.54%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.64x
- Recent ROE (185.54%) is above the historical average (-10.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -9.91% | -2.70% | 1.32x | 2.80x | ₹-17.52 Million |
| 2009 | -27.51% | -6.72% | 1.43x | 2.86x | ₹-26.27 Million |
| 2010 | 12.95% | 14.41% | 0.63x | 1.42x | ₹6.68 Million |
| 2011 | 23.66% | 11.23% | 1.28x | 1.64x | ₹16.54 Million |
| 2012 | 10.99% | 2.78% | 1.61x | 2.45x | ₹1.35 Million |
| 2013 | -10.70% | -6.23% | 0.68x | 2.55x | ₹-25.34 Million |
| 2014 | -24.98% | -13.07% | 0.89x | 2.15x | ₹-34.03 Million |
| 2015 | -21.35% | -7.43% | 1.01x | 2.84x | ₹-24.41 Million |
| 2016 | 2.52% | 0.65% | 1.12x | 3.48x | ₹-5.95 Million |
| 2017 | -96.40% | -18.49% | 0.94x | 5.57x | ₹-42.89 Million |
| 2018 | -214.88% | -81.13% | 0.14x | 18.53x | ₹-28.44 Million |
| 2019 | -8.76% | -2.95% | 0.25x | 11.94x | ₹-2.17 Million |
| 2020 | 0.00% | -41.77% | 0.92x | 0.00x | ₹-43.01 Million |
| 2021 | 0.00% | -151.87% | 0.13x | 0.00x | ₹-12.59 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | ₹1.43 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | ₹5.43 Million |
| 2024 | 185.54% | 0.00% | 0.00x | 1.64x | ₹106.71 Million |
Industry Comparison
This section compares Melstar Information Technologies Limited's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $4,659,394,626
- Average return on equity (ROE) among peers: 3.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Melstar Information Technologies Limited (MELSTAR) | ₹83.07 Million | -9.91% | 0.19x | $5.96K |
| 63 moons technologies limited (63MOONS) | $29.30 Billion | 14.56% | 0.35x | $114.18 Million |
| Black Box Limited (BBOX) | $2.03 Billion | 14.42% | 0.85x | $243.59 Million |
| Bharatiya Global Infomedia Limited (BGLOBAL) | $925.38 Million | 0.95% | 0.30x | $203.26K |
| ZINKA LOGISTICS SOL LTD (BLACKBUCK) | $5.85 Billion | -48.64% | 0.54x | $709.70 Million |
| California Software Company Limited (CALSOFT) | $63.96 Million | 3.04% | 1.37x | $6.83 Million |
| CURAA (CURAA) | $-444.00K | 0.00% | 0.00x | $1.56 Million |
| eMudhra Limited (EMUDHRA) | $756.43 Million | 23.05% | 0.58x | $112.77 Million |
| Excelsoft Technologies Ltd (EXCELSOFT) | $3.71 Billion | 9.34% | 0.27x | $33.15 Million |
| Genesys International Corporation Limited (GENESYS) | $2.14 Billion | 1.04% | 0.24x | $66.03 Million |
| InfoBeans Technologies Limited (INFOBEAN) | $1.81 Billion | 20.34% | 0.36x | $7.47 Million |