Moksh Ornaments Limited (MOKSH) - Net Assets
Based on the latest financial reports, Moksh Ornaments Limited (MOKSH) has net assets worth Rs1.24 Billion INR (≈ $13.46 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 (Rs1.70 Billion ≈ $18.41 Million USD) and total liabilities (Rs458.05 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 MOKSH cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs1.24 Billion |
| % of Total Assets | 73.09% |
| Annual Growth Rate | 56.02% |
| 5-Year Change | 175.62% |
| 10-Year Change | 1287.93% |
| Growth Volatility | 93.66 |
Moksh Ornaments Limited - Net Assets Trend (2013–2025)
This chart illustrates how Moksh Ornaments Limited's net assets have evolved over time, based on quarterly financial data. Also explore Moksh Ornaments Limited asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Moksh Ornaments Limited (2013–2025)
The table below shows the annual net assets of Moksh Ornaments Limited from 2013 to 2025. For live valuation and market cap data, see MOKSH company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs1.11 Billion ≈ $11.98 Million |
+93.56% |
| 2024-03-31 | Rs572.50 Million ≈ $6.19 Million |
+12.26% |
| 2023-03-31 | Rs509.97 Million ≈ $5.52 Million |
+13.67% |
| 2022-03-31 | Rs448.63 Million ≈ $4.85 Million |
+11.59% |
| 2021-03-31 | Rs402.04 Million ≈ $4.35 Million |
+11.78% |
| 2020-03-31 | Rs359.67 Million ≈ $3.89 Million |
+17.46% |
| 2019-03-31 | Rs306.20 Million ≈ $3.31 Million |
+18.58% |
| 2018-03-31 | Rs258.21 Million ≈ $2.79 Million |
+137.80% |
| 2017-03-31 | Rs108.58 Million ≈ $1.17 Million |
+36.00% |
| 2016-03-31 | Rs79.84 Million ≈ $863.43K |
+181.92% |
| 2015-03-31 | Rs28.32 Million ≈ $306.27K |
+326.57% |
| 2014-03-31 | Rs6.64 Million ≈ $71.80K |
+24.61% |
| 2013-03-31 | Rs5.33 Million ≈ $57.62K |
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Equity Component Analysis
This analysis shows how different components contribute to Moksh Ornaments 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 135756.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs445.61 Million | 40.21% |
| Common Stock | Rs167.50 Million | 15.12% |
| Other Components | Rs495.00 Million | 44.67% |
| Total Equity | Rs1.11 Billion | 100.00% |
Moksh Ornaments Limited Competitors by Market Cap
The table below lists competitors of Moksh Ornaments Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Glimpse Group Inc
NASDAQ:VRAR
|
$12.35 Million |
|
Embelton Ltd
AU:EMB
|
$12.35 Million |
|
AVA Risk Group Ltd
AU:AVA
|
$12.36 Million |
|
YY Group Holding Limited Class A Ordinary Shares
NASDAQ:YYGH
|
$12.36 Million |
|
Les Constructeurs Du Bois SA
PA:MLLCB
|
$12.34 Million |
|
BBGI SICAV SA
LSE:BBGI
|
$12.33 Million |
|
Spring Ventures Ltd
TA:SPRG
|
$12.33 Million |
|
Elysee Development Corp
V:ELC
|
$12.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Moksh Ornaments Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 572,502,000 to 1,108,111,000, a change of 535,609,000 (93.6%).
- Net income of 84,276,000 contributed positively to equity growth.
- Share repurchases of 451,333,680 reduced equity.
- Other factors increased equity by 902,666,680.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs84.28 Million | +7.61% |
| Share Repurchases | Rs451.33 Million | -40.73% |
| Other Changes | Rs902.67 Million | +81.46% |
| Total Change | Rs- | 93.56% |
Book Value vs Market Value Analysis
This analysis compares Moksh Ornaments 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: 0.66x
- 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 137.27x to 0.66x 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 | Rs0.10 | Rs13.63 | x |
| 2014-03-31 | Rs0.12 | Rs13.63 | x |
| 2015-03-31 | Rs0.53 | Rs13.63 | x |
| 2016-03-31 | Rs1.49 | Rs13.63 | x |
| 2017-03-31 | Rs2.02 | Rs13.63 | x |
| 2018-03-31 | Rs6.96 | Rs13.63 | x |
| 2019-03-31 | Rs5.71 | Rs13.63 | x |
| 2020-03-31 | Rs6.70 | Rs13.63 | x |
| 2021-03-31 | Rs7.49 | Rs13.63 | x |
| 2022-03-31 | Rs8.36 | Rs13.63 | x |
| 2023-03-31 | Rs9.50 | Rs13.63 | x |
| 2024-03-31 | Rs10.71 | Rs13.63 | x |
| 2025-03-31 | Rs20.65 | Rs13.63 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Moksh Ornaments 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): 7.61%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.45%
- • Asset Turnover: 4.03x
- • Equity Multiplier: 1.30x
- Recent ROE (7.61%) is below the historical average (12.46%), 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 | 6.16% | 0.04% | 5.53x | 26.22x | Rs-204.80K |
| 2014 | 19.75% | 0.16% | 4.03x | 30.25x | Rs647.10K |
| 2015 | 5.93% | 0.15% | 4.14x | 9.46x | Rs-1.15 Million |
| 2016 | 1.90% | 0.11% | 3.25x | 5.51x | Rs-6.46 Million |
| 2017 | 26.47% | 1.20% | 4.58x | 4.82x | Rs17.89 Million |
| 2018 | 15.17% | 1.26% | 4.98x | 2.41x | Rs13.34 Million |
| 2019 | 15.67% | 1.26% | 4.50x | 2.77x | Rs17.36 Million |
| 2020 | 14.87% | 1.55% | 3.33x | 2.87x | Rs17.50 Million |
| 2021 | 14.08% | 1.68% | 4.37x | 1.92x | Rs16.40 Million |
| 2022 | 11.44% | 1.58% | 6.53x | 1.11x | Rs6.47 Million |
| 2023 | 12.03% | 1.37% | 5.62x | 1.56x | Rs10.35 Million |
| 2024 | 10.92% | 1.39% | 4.19x | 1.87x | Rs5.28 Million |
| 2025 | 7.61% | 1.45% | 4.03x | 1.30x | Rs-26.54 Million |
Industry Comparison
This section compares Moksh Ornaments Limited's net assets metrics with peer companies in the Luxury Goods industry.
Industry Context
- Industry: Luxury Goods
- Average net assets among peers: $4,788,351,266
- Average return on equity (ROE) among peers: 4.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Moksh Ornaments Limited (MOKSH) | Rs1.24 Billion | 6.16% | 0.37x | $12.34 Million |
| D. P. Abhushan Limited (DPABHUSHAN) | $410.79 Million | 19.83% | 3.74x | $255.64 Million |
| Ethos Limited (ETHOSLTD) | $6.31 Billion | 9.55% | 0.39x | $695.02 Million |
| Goenka Diamond and Jewels Limited (GOENKA) | $3.27 Billion | 14.53% | 1.08x | $2.81 Million |
| Goldiam International Limited (GOLDIAM) | $3.68 Billion | 5.48% | 0.31x | $460.50 Million |
| Kalyan Jewellers India Limited (KALYANKJIL) | $20.01 Billion | -0.18% | 3.03x | $4.61 Billion |
| Laxmi Goldorna House Ltd (LGHL) | $313.29 Million | 0.39% | 0.86x | $139.82 Million |
| Lypsa Gems & Jewellery Limited (LYPSAGEMS) | $997.24 Million | -25.99% | 1.88x | $1.69 Million |
| Motisons Jewellers Ltd (MOTISONS) | $915.14 Million | 3.46% | 1.92x | $146.04 Million |
| Manoj Vaibhav Gems 'N' Jewellers Limited (MVGJL) | $7.19 Billion | 13.97% | 1.08x | $91.62 Million |
About Moksh Ornaments Limited
Moksh Ornaments Limited manufactures and sells jewellery in India. It offers gold jewellery, such as bangles and malas. The company was incorporated in 2012 and is based in Mumbai, India.