Mittal Life Style Limited (MITTAL) - Net Assets
Based on the latest financial reports, Mittal Life Style Limited (MITTAL) has net assets worth Rs643.07 Million INR (≈ $6.95 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 (Rs1.10 Billion ≈ $11.91 Million USD) and total liabilities (Rs457.80 Million ≈ $4.95 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 MITTAL strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs643.07 Million |
| % of Total Assets | 58.41% |
| Annual Growth Rate | 34.12% |
| 5-Year Change | 301.45% |
| 10-Year Change | 1081.19% |
| Growth Volatility | 52.61 |
Mittal Life Style Limited - Net Assets Trend (2013–2026)
This chart illustrates how Mittal Life Style Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see MITTAL market cap.
Annual Net Assets for Mittal Life Style Limited (2013–2026)
The table below shows the annual net assets of Mittal Life Style Limited from 2013 to 2026. Also explore MITTAL shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs643.07 Million ≈ $6.95 Million |
+11.52% |
| 2025-03-31 | Rs576.61 Million ≈ $6.24 Million |
+76.19% |
| 2024-03-31 | Rs327.28 Million ≈ $3.54 Million |
+5.62% |
| 2023-03-31 | Rs309.87 Million ≈ $3.35 Million |
+93.44% |
| 2022-03-31 | Rs160.19 Million ≈ $1.73 Million |
+17.22% |
| 2021-03-31 | Rs136.65 Million ≈ $1.48 Million |
+2.01% |
| 2020-03-31 | Rs133.96 Million ≈ $1.45 Million |
+12.71% |
| 2019-03-31 | Rs118.85 Million ≈ $1.29 Million |
+8.18% |
| 2018-03-31 | Rs109.86 Million ≈ $1.19 Million |
+101.80% |
| 2017-03-31 | Rs54.44 Million ≈ $588.77K |
+10.66% |
| 2016-03-31 | Rs49.20 Million ≈ $532.05K |
+24.20% |
| 2015-03-31 | Rs39.61 Million ≈ $428.38K |
+180.06% |
| 2014-03-31 | Rs14.14 Million ≈ $152.96K |
-0.06% |
| 2013-03-31 | Rs14.15 Million ≈ $153.05K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Mittal Life Style 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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs443.90 Million | 69.03% |
| Other Comprehensive Income | Rs199.17 Million | 30.97% |
| Total Equity | Rs643.07 Million | 100.00% |
Mittal Life Style Limited Competitors by Market Cap
The table below lists competitors of Mittal Life Style Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LKL International Bhd
KLSE:0182
|
$3.41 Million |
|
Hochdorf Holding AG
SW:HOCN
|
$3.41 Million |
|
Maple Peak Investments Inc
V:MAP
|
$3.41 Million |
|
Sultan Resources Ltd
AU:SLZ
|
$3.42 Million |
|
Poddar Housing and Development Limited
NSE:PODDARHOUS
|
$3.41 Million |
|
Decent Holding Inc Ordinary Shares
NASDAQ:DXST
|
$3.41 Million |
|
Crown Capital Partners Inc
TO:CRWN
|
$3.41 Million |
|
M3 Mining Ltd
AU:M3M
|
$3.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mittal Life Style Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 576,614,000 to 643,067,000, a change of 66,453,000 (11.5%).
- Net income of 22,908,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 66,453,000.
- Other factors decreased equity by 22,908,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs22.91 Million | +3.56% |
| Other Comprehensive Income | Rs66.45 Million | +10.33% |
| Other Changes | Rs-22.91 Million | -3.56% |
| Total Change | Rs- | 11.52% |
Book Value vs Market Value Analysis
This analysis compares Mittal Life Style 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: 0.05x
- 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 0.77x to 0.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | Rs0.92 | Rs0.71 | x |
| 2014-03-31 | Rs0.92 | Rs0.71 | x |
| 2015-03-31 | Rs2.58 | Rs0.71 | x |
| 2016-03-31 | Rs3.21 | Rs0.71 | x |
| 2017-03-31 | Rs3.55 | Rs0.71 | x |
| 2018-03-31 | Rs7.17 | Rs0.71 | x |
| 2019-03-31 | Rs8.53 | Rs0.71 | x |
| 2020-03-31 | Rs9.62 | Rs0.71 | x |
| 2021-03-31 | Rs9.80 | Rs0.71 | x |
| 2022-03-31 | Rs9.54 | Rs0.71 | x |
| 2023-03-31 | Rs10.04 | Rs0.71 | x |
| 2024-03-31 | Rs11.06 | Rs0.71 | x |
| 2025-03-31 | Rs17.13 | Rs0.71 | x |
| 2026-03-31 | Rs14.04 | Rs0.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mittal Life Style 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): 3.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.50%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 1.71x
- Recent ROE (3.56%) is below the historical average (4.50%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -0.33% | -0.02% | 4.56x | 3.91x | Rs-1.46 Million |
| 2014 | 0.40% | 0.02% | 4.26x | 5.36x | Rs-1.36 Million |
| 2015 | 0.23% | 0.02% | 5.04x | 2.32x | Rs-3.87 Million |
| 2016 | 0.17% | 0.01% | 4.65x | 2.58x | Rs-4.83 Million |
| 2017 | 8.79% | 0.61% | 4.58x | 3.15x | Rs-660.03K |
| 2018 | 12.11% | 1.66% | 3.14x | 2.32x | Rs2.32 Million |
| 2019 | 12.74% | 1.69% | 3.73x | 2.02x | Rs3.25 Million |
| 2020 | 11.34% | 1.55% | 3.12x | 2.35x | Rs1.80 Million |
| 2021 | 1.91% | 0.50% | 1.96x | 1.94x | Rs-11.05 Million |
| 2022 | 1.12% | 0.35% | 2.64x | 1.22x | Rs-14.23 Million |
| 2023 | 1.70% | 0.83% | 1.89x | 1.09x | Rs-25.73 Million |
| 2024 | 5.24% | 2.55% | 1.78x | 1.16x | Rs-15.57 Million |
| 2025 | 3.99% | 3.20% | 1.07x | 1.17x | Rs-34.64 Million |
| 2026 | 3.56% | 2.50% | 0.83x | 1.71x | Rs-41.40 Million |
Industry Comparison
This section compares Mittal Life Style Limited's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $4,775,740,000
- Average return on equity (ROE) among peers: 79.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mittal Life Style Limited (MITTAL) | Rs643.07 Million | -0.33% | 0.71x | $3.41 Million |
| Aarvee Denims & Exports Limited (AARVEEDEN) | $2.64 Billion | 2.66% | 2.12x | $38.07 Million |
| Akshar Spintex Limited (AKSHAR) | $315.43 Million | 8.17% | 1.61x | $3.49 Million |
| Alok Industries Limited (ALOKINDS) | $34.85 Billion | 5.68% | 6.74x | $402.73 Million |
| Alps Industries Limited (ALPSINDUS) | $-2.59 Billion | 0.00% | 0.00x | $14.51 Million |
| Axita Cotton Limited (AXITA) | $362.65 Million | 42.51% | 2.00x | $32.90 Million |
| AYM Syntex Limited (AYMSYNTEX) | $1.13 Billion | 17.43% | 2.90x | $186.33 Million |
| Banswara Syntex Limited (BANSWRAS) | $2.48 Billion | 10.96% | 3.19x | $40.25 Million |
| Bannari Amman Spinning Mills Limited (BASML) | $4.92 Billion | 10.66% | 1.54x | $21.18 Million |
| Bombay Dyeing & Mfg Company Limited (BOMDYEING) | $1.82 Billion | 680.51% | 27.39x | $245.32 Million |
| Cheviot Company Limited (CHEVIOT) | $1.82 Billion | 12.55% | 0.11x | $74.73 Million |
About Mittal Life Style Limited
Mittal Life Style Limited engages in supply of bottom weight fabrics and denims primarily in India. It provides fashion fabrics, cotton canvas denims, dupion bottom fabrics, polyester and cotton fabrics, knit fabrics to textile industry. The company was incorporated in 2005 and is based in Mumbai, India.