Mirza International Limited (MIRZAINT) - Net Assets
Based on the latest financial reports, Mirza International Limited (MIRZAINT) has net assets worth Rs5.63 Billion INR (≈ $60.86 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs6.92 Billion ≈ $74.79 Million USD) and total liabilities (Rs1.29 Billion ≈ $13.92 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. Also explore MIRZAINT net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs5.63 Billion |
| % of Total Assets | 81.38% |
| Annual Growth Rate | 8.27% |
| 5-Year Change | -25.92% |
| 10-Year Change | 11.75% |
| Growth Volatility | 13.87 |
Mirza International Limited - Net Assets Trend (2005–2026)
This chart illustrates how Mirza International Limited's net assets have evolved over time, based on quarterly financial data. Check Mirza International Limited strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Annual Net Assets for Mirza International Limited (2005–2026)
The table below shows the annual net assets of Mirza International Limited from 2005 to 2026. For live market cap and overall valuation, see how much is Mirza International Limited worth.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs5.63 Billion ≈ $60.86 Million |
-0.28% |
| 2025-03-31 | Rs5.64 Billion ≈ $61.03 Million |
+2.13% |
| 2024-03-31 | Rs5.53 Billion ≈ $59.76 Million |
+3.60% |
| 2023-03-31 | Rs5.33 Billion ≈ $57.69 Million |
-29.79% |
| 2022-03-31 | Rs7.60 Billion ≈ $82.16 Million |
+19.02% |
| 2021-03-31 | Rs6.38 Billion ≈ $69.03 Million |
+1.65% |
| 2020-03-31 | Rs6.28 Billion ≈ $67.91 Million |
+2.66% |
| 2019-03-31 | Rs6.12 Billion ≈ $66.15 Million |
+6.97% |
| 2018-03-31 | Rs5.72 Billion ≈ $61.84 Million |
+13.53% |
| 2017-03-31 | Rs5.04 Billion ≈ $54.47 Million |
+13.02% |
| 2016-03-31 | Rs4.46 Billion ≈ $48.19 Million |
+42.59% |
| 2015-03-31 | Rs3.13 Billion ≈ $33.80 Million |
+9.06% |
| 2014-03-31 | Rs2.87 Billion ≈ $30.99 Million |
+14.03% |
| 2013-03-31 | Rs2.51 Billion ≈ $27.18 Million |
+21.52% |
| 2012-03-31 | Rs2.07 Billion ≈ $22.36 Million |
+15.82% |
| 2011-03-31 | Rs1.79 Billion ≈ $19.31 Million |
+23.60% |
| 2010-03-31 | Rs1.44 Billion ≈ $15.62 Million |
+22.11% |
| 2009-03-31 | Rs1.18 Billion ≈ $12.79 Million |
-10.33% |
| 2008-03-31 | Rs1.32 Billion ≈ $14.27 Million |
+4.71% |
| 2007-03-31 | Rs1.26 Billion ≈ $13.62 Million |
+8.01% |
| 2006-03-31 | Rs1.17 Billion ≈ $12.61 Million |
+9.88% |
| 2005-03-31 | Rs1.06 Billion ≈ $11.48 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Mirza International 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 480470000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs4.80 Billion | 85.37% |
| Common Stock | Rs276.40 Million | 4.91% |
| Other Components | Rs546.90 Million | 9.72% |
| Total Equity | Rs5.63 Billion | 100.00% |
Mirza International Limited Competitors by Market Cap
The table below lists competitors of Mirza International Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KESM Industries Bhd
KLSE:9334
|
$46.98 Million |
|
Carlos Casado
BA:CADO
|
$47.00 Million |
|
Emperor Energy Ltd
AU:EMP
|
$47.01 Million |
|
Jourdeness Group Ltd
TW:4190
|
$47.01 Million |
|
Burberry Group PLC
LSE:BRBY
|
$46.96 Million |
|
Snet systems Inc
KQ:038680
|
$46.96 Million |
|
MODULIGHT OY EO 1
F:78W
|
$46.95 Million |
|
DocGo Inc
NASDAQ:DCGO
|
$46.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mirza International Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 5,643,600,000 to 5,628,000,000, a change of -15,600,000 (-0.3%).
- Net loss of 5,708,000 reduced equity.
- Dividend payments of 800,000 reduced retained earnings.
- Other comprehensive income decreased equity by 519,600,000.
- Other factors increased equity by 510,508,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-5.71 Million | -0.1% |
| Dividends Paid | Rs800.00K | -0.01% |
| Other Comprehensive Income | Rs-519.60 Million | -9.23% |
| Other Changes | Rs510.51 Million | +9.07% |
| Total Change | Rs- | -0.28% |
Book Value vs Market Value Analysis
This analysis compares Mirza International 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: 0.80x
- 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 increased from 0.48x to 0.80x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | Rs65.10 | Rs31.43 | x |
| 2006-03-31 | Rs62.85 | Rs31.43 | x |
| 2007-03-31 | Rs67.92 | Rs31.43 | x |
| 2008-03-31 | Rs14.23 | Rs31.43 | x |
| 2009-03-31 | Rs12.76 | Rs31.43 | x |
| 2010-03-31 | Rs15.58 | Rs31.43 | x |
| 2011-03-31 | Rs19.26 | Rs31.43 | x |
| 2012-03-31 | Rs22.31 | Rs31.43 | x |
| 2013-03-31 | Rs27.11 | Rs31.43 | x |
| 2014-03-31 | Rs30.91 | Rs31.43 | x |
| 2015-03-31 | Rs33.71 | Rs31.43 | x |
| 2016-03-31 | Rs41.14 | Rs31.43 | x |
| 2017-03-31 | Rs41.86 | Rs31.43 | x |
| 2018-03-31 | Rs47.53 | Rs31.43 | x |
| 2019-03-31 | Rs50.84 | Rs31.43 | x |
| 2020-03-31 | Rs52.19 | Rs31.43 | x |
| 2021-03-31 | Rs53.05 | Rs31.43 | x |
| 2022-03-31 | Rs41.95 | Rs31.43 | x |
| 2023-03-31 | Rs38.60 | Rs31.43 | x |
| 2024-03-31 | Rs39.93 | Rs31.43 | x |
| 2025-03-31 | Rs41.41 | Rs31.43 | x |
| 2026-03-31 | Rs39.44 | Rs31.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mirza International 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): -0.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.11%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 1.23x
- Recent ROE (-0.10%) is below the historical average (11.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 25.82% | 10.50% | 1.06x | 2.32x | Rs167.75 Million |
| 2006 | 10.19% | 4.95% | 0.87x | 2.35x | Rs2.18 Million |
| 2007 | 13.94% | 5.72% | 1.02x | 2.39x | Rs49.66 Million |
| 2008 | 2.46% | 1.03% | 1.02x | 2.34x | Rs-99.52 Million |
| 2009 | 4.53% | 1.48% | 1.19x | 2.56x | Rs-64.71 Million |
| 2010 | 12.58% | 4.80% | 1.21x | 2.16x | Rs37.31 Million |
| 2011 | 22.32% | 8.43% | 1.24x | 2.13x | Rs219.95 Million |
| 2012 | 17.08% | 6.34% | 1.21x | 2.22x | Rs146.31 Million |
| 2013 | 17.29% | 6.75% | 1.27x | 2.01x | Rs183.11 Million |
| 2014 | 15.14% | 6.13% | 1.15x | 2.15x | Rs147.15 Million |
| 2015 | 16.37% | 5.57% | 1.40x | 2.10x | Rs199.09 Million |
| 2016 | 17.52% | 8.44% | 1.22x | 1.70x | Rs335.28 Million |
| 2017 | 14.14% | 7.61% | 1.22x | 1.52x | Rs208.36 Million |
| 2018 | 13.71% | 8.07% | 0.97x | 1.75x | Rs212.40 Million |
| 2019 | 7.98% | 4.24% | 1.03x | 1.82x | Rs-123.75 Million |
| 2020 | 7.60% | 3.78% | 1.00x | 2.01x | Rs-150.82 Million |
| 2021 | 1.31% | 0.80% | 0.90x | 1.83x | Rs-554.80 Million |
| 2022 | 17.13% | 6.18% | 0.98x | 2.82x | Rs359.83 Million |
| 2023 | 4.96% | 4.05% | 0.86x | 1.42x | Rs-269.02 Million |
| 2024 | 2.18% | 1.91% | 0.88x | 1.30x | Rs-432.21 Million |
| 2025 | -0.63% | -0.61% | 0.79x | 1.30x | Rs-599.80 Million |
| 2026 | -0.10% | -0.11% | 0.76x | 1.23x | Rs-568.51 Million |
Industry Comparison
This section compares Mirza International Limited's net assets metrics with peer companies in the Footwear & Accessories industry.
Industry Context
- Industry: Footwear & Accessories
- Average net assets among peers: $3,627,456,432
- Average return on equity (ROE) among peers: 55446.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mirza International Limited (MIRZAINT) | Rs5.63 Billion | 25.82% | 0.23x | $46.98 Million |
| Banaras Beads Limited (BANARBEADS) | $528.39 Million | 4.81% | 0.06x | $8.09 Million |
| Bata India Limited (BATAINDIA) | $15.96 Billion | 8.41% | 1.37x | $1.05 Billion |
| Brand Concepts Limited (BCONCEPTS) | $-17.35 Million | 0.00% | 0.00x | $21.47 Million |
| Bhartiya International Limited (BIL) | $1.58 Billion | 9.19% | 1.40x | $120.55 Million |
| Campus Activewear Limited (CAMPUS) | $9.06 Billion | 16.56% | 0.62x | $716.08 Million |
| Khadim India Limited (KHADIM) | $2.25 Billion | 7.76% | 2.26x | $19.14 Million |
| Liberty Shoes Limited (LIBERTSHOE) | $1.62 Billion | 3.94% | 1.63x | $45.18 Million |
| Redtape Limited (REDTAPE) | $58.20K | 498969.07% | 0.09x | $745.57 Million |
| Sreeleathers Limited (SREEL) | $1.66 Billion | 0.08% | 0.04x | $63.71 Million |
About Mirza International Limited
Mirza International Limited, together with its subsidiaries, manufactures, markets, and sells leather footwear products in India, the United Kingdom, the United States, and internationally. It operates in two segments, Footwear and Tannery. The company offers leather shoes and boots under the Thomas Crick brand name; women's shoes under the Off the Hook brand name; and men's leather footwear unde… Read more