Mirza International Limited (MIRZAINT) - Net Assets
Based on the latest financial reports, Mirza International Limited (MIRZAINT) has net assets worth Rs5.77 Billion INR (≈ $62.37 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 (Rs7.50 Billion ≈ $81.13 Million USD) and total liabilities (Rs1.73 Billion ≈ $18.75 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 Mirza International Limited (MIRZAINT) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs5.77 Billion |
| % of Total Assets | 76.88% |
| Annual Growth Rate | 8.71% |
| 5-Year Change | -11.58% |
| 10-Year Change | 26.65% |
| Growth Volatility | 14.04 |
Mirza International Limited - Net Assets Trend (2005–2025)
This chart illustrates how Mirza International Limited's net assets have evolved over time, based on quarterly financial data. Also explore MIRZAINT total assets for the complete picture of this company's asset base.
Annual Net Assets for Mirza International Limited (2005–2025)
The table below shows the annual net assets of Mirza International Limited from 2005 to 2025. For live valuation and market cap data, see Mirza International Limited (MIRZAINT) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 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 484760000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs4.85 Billion | 85.90% |
| Common Stock | Rs276.40 Million | 4.90% |
| Other Comprehensive Income | Rs519.60 Million | 9.21% |
| Total Equity | Rs5.64 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 |
|---|---|
|
Tritax Big Box REIT plc
LSE:BBOX
|
$50.14 Million |
|
HPQ SILICON INC.
F:O08
|
$50.14 Million |
|
Ymc Co. Ltd
KQ:155650
|
$50.18 Million |
|
Joinsoon Electronics MFG Co Ltd
TWO:3322
|
$50.18 Million |
|
Rent.com.Au Ltd
AU:RNT
|
$50.06 Million |
|
E3 LITHIUM LTD
F:OW3
|
$50.04 Million |
|
Signetics Corporation
KQ:033170
|
$50.02 Million |
|
Land and Houses Freehold and Leasehold Property Fund
BK:LHPF
|
$49.99 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 2024 to 2025, total equity changed from 5,526,100,000 to 5,643,600,000, a change of 117,500,000 (2.1%).
- Net loss of 35,438,000 reduced equity.
- Dividend payments of 1,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 141,200,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-35.44 Million | -0.63% |
| Dividends Paid | Rs1.00 Million | -0.02% |
| Other Comprehensive Income | Rs141.20 Million | +2.5% |
| Other Changes | Rs12.74 Million | +0.23% |
| Total Change | Rs- | 2.13% |
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: 0.81x
- 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 0.51x to 0.81x 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 | Rs33.52 | x |
| 2006-03-31 | Rs62.85 | Rs33.52 | x |
| 2007-03-31 | Rs67.92 | Rs33.52 | x |
| 2008-03-31 | Rs14.23 | Rs33.52 | x |
| 2009-03-31 | Rs12.76 | Rs33.52 | x |
| 2010-03-31 | Rs15.58 | Rs33.52 | x |
| 2011-03-31 | Rs19.26 | Rs33.52 | x |
| 2012-03-31 | Rs22.31 | Rs33.52 | x |
| 2013-03-31 | Rs27.11 | Rs33.52 | x |
| 2014-03-31 | Rs30.91 | Rs33.52 | x |
| 2015-03-31 | Rs33.71 | Rs33.52 | x |
| 2016-03-31 | Rs41.14 | Rs33.52 | x |
| 2017-03-31 | Rs41.86 | Rs33.52 | x |
| 2018-03-31 | Rs47.53 | Rs33.52 | x |
| 2019-03-31 | Rs50.84 | Rs33.52 | x |
| 2020-03-31 | Rs52.19 | Rs33.52 | x |
| 2021-03-31 | Rs53.05 | Rs33.52 | x |
| 2022-03-31 | Rs41.95 | Rs33.52 | x |
| 2023-03-31 | Rs38.60 | Rs33.52 | x |
| 2024-03-31 | Rs39.93 | Rs33.52 | x |
| 2025-03-31 | Rs41.41 | Rs33.52 | 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): -0.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.61%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 1.30x
- Recent ROE (-0.63%) is below the historical average (11.60%), 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 |
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: $2,242,409,229
- Average return on equity (ROE) among peers: 55454.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mirza International Limited (MIRZAINT) | Rs5.77 Billion | 25.82% | 0.30x | $50.10 Million |
| Banaras Beads Limited (BANARBEADS) | $369.01 Million | 12.83% | 0.28x | $8.66 Million |
| Bata India Limited (BATAINDIA) | $6.99 Billion | 24.62% | 0.62x | $1.00 Billion |
| Brand Concepts Limited (BCONCEPTS) | $557.91 Million | 19.50% | 1.89x | $32.61 Million |
| Bhartiya International Limited (BIL) | $1.58 Billion | 9.19% | 1.40x | $105.64 Million |
| Campus Activewear Limited (CAMPUS) | $4.28 Billion | 25.38% | 1.25x | $829.16 Million |
| Khadim India Limited (KHADIM) | $1.53 Billion | 16.47% | 1.26x | $21.72 Million |
| Liberty Shoes Limited (LIBERTSHOE) | $1.98 Billion | 6.52% | 1.38x | $47.08 Million |
| Redtape Limited (REDTAPE) | $58.20K | 498969.07% | 0.09x | $800.09 Million |
| Sreeleathers Limited (SREEL) | $2.89 Billion | 10.74% | 0.09x | $46.06 Million |
About Mirza International Limited
Mirza International Limited manufactures, sells, and exports finished leather and leather footwear products in India, the United Kingdom, the United States, and internationally. It operates through the Footwear and Tannery segments. The company offers casual and formal shoes, as well as handcrafted leather shoes and boots for men, women, boys, girls, and kids; and engages in processing and sale o… Read more