Mittal Life Style Limited (MITTAL) - Net Assets
Based on the latest financial reports, Mittal Life Style Limited (MITTAL) has net assets worth Rs638.52 Million INR (≈ $6.91 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 (Rs892.07 Million ≈ $9.65 Million USD) and total liabilities (Rs253.54 Million ≈ $2.74 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 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs638.52 Million |
| % of Total Assets | 71.58% |
| Annual Growth Rate | 36.2% |
| 5-Year Change | 321.97% |
| 10-Year Change | 1072.05% |
| Growth Volatility | 54.0 |
Mittal Life Style Limited - Net Assets Trend (2013–2025)
This chart illustrates how Mittal Life Style Limited's net assets have evolved over time, based on quarterly financial data. Also explore Mittal Life Style Limited total assets for the complete picture of this company's asset base.
Annual Net Assets for Mittal Life Style Limited (2013–2025)
The table below shows the annual net assets of Mittal Life Style Limited from 2013 to 2025. For live valuation and market cap data, see Mittal Life Style Limited market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 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 |
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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 grown by 1308.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs132.71 Million | 23.02% |
| Common Stock | Rs443.90 Million | 76.98% |
| Total Equity | Rs576.61 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 |
|---|---|
|
Lightning Minerals Ltd
AU:L1M
|
$4.51 Million |
|
Noronex Ltd
AU:NRX
|
$4.51 Million |
|
Dunedin Income Growth Investment Trust PLC
LSE:DIG
|
$4.52 Million |
|
Domec Compania de Artefactos Domesticos SAIC y F
BA:DOME
|
$4.52 Million |
|
iDimension Consolidated Bhd
KLSE:0174
|
$4.51 Million |
|
Urban-Gro Inc
NASDAQ:UGRO
|
$4.51 Million |
|
Cybergun SA
PA:ALCYB
|
$4.50 Million |
|
Preecha Group Public Company Limited
BK:PRECHA
|
$4.50 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 2024 to 2025, total equity changed from 327,276,000 to 576,614,000, a change of 249,338,000 (76.2%).
- Net income of 23,019,000 contributed positively to equity growth.
- Share repurchases of 295,934,000 reduced equity.
- New share issuances of 295,934,000 increased equity.
- Other comprehensive income decreased equity by 31,341,999.
- Other factors increased equity by 257,660,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs23.02 Million | +3.99% |
| Share Repurchases | Rs295.93 Million | -51.32% |
| Share Issuances | Rs295.93 Million | +51.32% |
| Other Comprehensive Income | Rs-31.34 Million | -5.44% |
| Other Changes | Rs257.66 Million | +44.69% |
| Total Change | Rs- | 76.19% |
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: 0.55x
- 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 10.18x to 0.55x 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 | Rs0.09 | Rs0.94 | x |
| 2014-03-31 | Rs0.09 | Rs0.94 | x |
| 2015-03-31 | Rs0.26 | Rs0.94 | x |
| 2016-03-31 | Rs0.32 | Rs0.94 | x |
| 2017-03-31 | Rs0.36 | Rs0.94 | x |
| 2018-03-31 | Rs0.72 | Rs0.94 | x |
| 2019-03-31 | Rs0.85 | Rs0.94 | x |
| 2020-03-31 | Rs0.96 | Rs0.94 | x |
| 2021-03-31 | Rs0.98 | Rs0.94 | x |
| 2022-03-31 | Rs0.95 | Rs0.94 | x |
| 2023-03-31 | Rs1.00 | Rs0.94 | x |
| 2024-03-31 | Rs1.11 | Rs0.94 | x |
| 2025-03-31 | Rs1.71 | Rs0.94 | 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): 3.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.20%
- • Asset Turnover: 1.07x
- • Equity Multiplier: 1.17x
- Recent ROE (3.99%) is below the historical average (4.57%), 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 |
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: $-11,328,224,579
- Average return on equity (ROE) among peers: 5.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mittal Life Style Limited (MITTAL) | Rs638.52 Million | -0.33% | 0.40x | $4.51 Million |
| Aarvee Denims & Exports Limited (AARVEEDEN) | $2.72 Billion | 2.06% | 2.38x | $38.07 Million |
| Akshar Spintex Limited (AKSHAR) | $194.97 Million | -2.63% | 2.61x | $4.09 Million |
| Alok Industries Limited (ALOKINDS) | $-123.08 Billion | 0.00% | 0.00x | $740.48 Million |
| Alps Industries Limited (ALPSINDUS) | $-7.74 Billion | 0.00% | 0.00x | $1.45 Million |
| Axita Cotton Limited (AXITA) | $25.59 Million | 2.29% | 4.18x | $30.46 Million |
| AYM Syntex Limited (AYMSYNTEX) | $3.03 Billion | 1.94% | 1.66x | $147.81 Million |
| Banswara Syntex Limited (BANSWRAS) | $2.48 Billion | 10.96% | 3.19x | $43.60 Million |
| Bannari Amman Spinning Mills Limited (BASML) | $2.08 Billion | 18.68% | 3.00x | $21.26 Million |
| Bombay Dyeing & Mfg Company Limited (BOMDYEING) | $4.65 Billion | 13.20% | 1.47x | $252.53 Million |
| Cheviot Company Limited (CHEVIOT) | $2.36 Billion | 5.07% | 0.09x | $74.09 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, etc. to textile industry. The company was incorporated in 2005 and is based in Mumbai, India.