Mtar Technologies Limited (MTARTECH) - Net Assets
Based on the latest financial reports, Mtar Technologies Limited (MTARTECH) has net assets worth Rs7.44 Billion INR (≈ $80.46 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 (Rs11.74 Billion ≈ $126.95 Million USD) and total liabilities (Rs4.30 Billion ≈ $46.48 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 Mtar Technologies Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs7.44 Billion |
| % of Total Assets | 63.38% |
| Annual Growth Rate | 15.76% |
| 5-Year Change | 52.9% |
| 10-Year Change | N/A |
| Growth Volatility | 35.86 |
Mtar Technologies Limited - Net Assets Trend (2017–2025)
This chart illustrates how Mtar Technologies Limited's net assets have evolved over time, based on quarterly financial data. Also explore MTARTECH total asset value for the complete picture of this company's asset base.
Annual Net Assets for Mtar Technologies Limited (2017–2025)
The table below shows the annual net assets of Mtar Technologies Limited from 2017 to 2025. For live valuation and market cap data, see MTARTECH market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs7.29 Billion ≈ $78.83 Million |
+7.78% |
| 2024-03-31 | Rs6.76 Billion ≈ $73.14 Million |
+9.06% |
| 2023-03-31 | Rs6.20 Billion ≈ $67.06 Million |
+19.32% |
| 2022-03-31 | Rs5.20 Billion ≈ $56.21 Million |
+9.02% |
| 2021-03-31 | Rs4.77 Billion ≈ $51.56 Million |
+111.81% |
| 2020-03-31 | Rs2.25 Billion ≈ $24.34 Million |
-4.22% |
| 2019-03-31 | Rs2.35 Billion ≈ $25.41 Million |
+14.33% |
| 2018-03-31 | Rs2.06 Billion ≈ $22.23 Million |
-9.11% |
| 2017-03-31 | Rs2.26 Billion ≈ $24.45 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Mtar Technologies 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 780.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs3.77 Billion | 51.69% |
| Common Stock | Rs307.59 Million | 4.22% |
| Other Comprehensive Income | Rs14.55 Million | 0.20% |
| Other Components | Rs3.20 Billion | 43.89% |
| Total Equity | Rs7.29 Billion | 100.00% |
Mtar Technologies Limited Competitors by Market Cap
The table below lists competitors of Mtar Technologies Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Triumph Science & Technology Co Ltd
SHG:600552
|
$2.15 Billion |
|
Roshow Technology Co Ltd
SHE:002617
|
$2.15 Billion |
|
Sichuan Anning Iron and Titanium Co
SHE:002978
|
$2.15 Billion |
|
HUTCHMED (China) Limited
F:H7T1
|
$2.15 Billion |
|
China Merchants Securities Co. Ltd
F:195H
|
$2.15 Billion |
|
CENTRAL PUERTO ADR/1 AP1
F:C3TA
|
$2.14 Billion |
|
Changchun UP Optotech Co Ltd
SHE:002338
|
$2.14 Billion |
|
Sinbon Electronics Co Ltd
TW:3023
|
$2.14 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mtar Technologies Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,763,300,000 to 7,289,180,000, a change of 525,880,000 (7.8%).
- Net income of 528,870,000 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs528.87 Million | +7.26% |
| Other Changes | Rs-2.99 Million | -0.04% |
| Total Change | Rs- | 7.78% |
Book Value vs Market Value Analysis
This analysis compares Mtar Technologies 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: 27.25x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 89.95x to 27.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | Rs71.78 | Rs6457.10 | x |
| 2018-03-31 | Rs66.82 | Rs6457.10 | x |
| 2019-03-31 | Rs76.39 | Rs6457.10 | x |
| 2020-03-31 | Rs73.17 | Rs6457.10 | x |
| 2021-03-31 | Rs175.91 | Rs6457.10 | x |
| 2022-03-31 | Rs168.97 | Rs6457.10 | x |
| 2023-03-31 | Rs201.61 | Rs6457.10 | x |
| 2024-03-31 | Rs219.85 | Rs6457.10 | x |
| 2025-03-31 | Rs236.92 | Rs6457.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mtar Technologies 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): 7.26%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.76%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 1.55x
- Recent ROE (7.26%) is below the historical average (8.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -9.25% | -18.62% | 0.31x | 1.59x | Rs-389.95 Million |
| 2018 | 2.64% | 3.46% | 0.56x | 1.37x | Rs-151.29 Million |
| 2019 | 16.68% | 21.96% | 0.58x | 1.30x | Rs157.01 Million |
| 2020 | 13.91% | 14.93% | 0.61x | 1.54x | Rs88.10 Million |
| 2021 | 9.66% | 18.90% | 0.42x | 1.23x | Rs-16.08 Million |
| 2022 | 11.71% | 18.90% | 0.44x | 1.40x | Rs89.00 Million |
| 2023 | 16.68% | 18.03% | 0.54x | 1.71x | Rs414.06 Million |
| 2024 | 8.30% | 9.66% | 0.58x | 1.49x | Rs-115.20 Million |
| 2025 | 7.26% | 7.76% | 0.60x | 1.55x | Rs-200.05 Million |
Industry Comparison
This section compares Mtar Technologies Limited's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $37,677,440,843
- Average return on equity (ROE) among peers: 17.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mtar Technologies Limited (MTARTECH) | Rs7.44 Billion | -9.25% | 0.58x | $2.15 Billion |
| Aaron Industries Limited (AARON) | $550.00K | 66.55% | 18.36x | $31.35 Million |
| Ador Welding Limited (ADORWELD) | $1.47 Billion | 17.36% | 0.26x | $184.52 Million |
| The Anup Engineering Limited (ANUP) | $3.37 Billion | 15.88% | 0.28x | $446.74 Million |
| ATAM VALVES ORD (BSE) (ATAM) | $37.09 Million | 13.75% | 4.00x | $8.50 Million |
| Azad Engineering Limited (AZAD) | $1.20 Billion | 24.55% | 2.37x | $1.51 Billion |
| Bharat Heavy Electricals Limited (BHEL) | $323.31 Billion | 1.36% | 0.97x | $13.27 Billion |
| Cummins India Limited (CUMMINSIND) | $51.45 Billion | 18.15% | 0.38x | $15.79 Billion |
| Diamond Power Infrastructure Limited (DIACABS) | $-6.22 Billion | 0.00% | 0.00x | $899.30 Million |
| Diffusion Engineers Ltd (DIFFNKG) | $1.91 Billion | 16.05% | 0.44x | $120.60 Million |
| Ducon Infratechnologies Limited (DUCON) | $236.88 Million | 0.26% | 0.31x | $11.42 Million |
About Mtar Technologies Limited
MTAR Technologies Limited manufactures and sells high precision, heavy equipment, components, and machines in India and internationally. The company offers space solutions comprising liquid propulsion engines; cryogenic engines, including turbo pumps, booster pumps, gas generators, and injector heads; and electro-pneumatic modules. It also provides mechanical subsystems and systems integration fo… Read more