Niraj Cement Structurals Limited (NIRAJ) - Net Assets

Latest as of September 2025: Rs2.55 Billion INR ≈ $27.55 Million USD

Based on the latest financial reports, Niraj Cement Structurals Limited (NIRAJ) has net assets worth Rs2.55 Billion INR (≈ $27.55 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 (Rs3.90 Billion ≈ $42.17 Million USD) and total liabilities (Rs1.35 Billion ≈ $14.62 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 Niraj Cement Structurals Limited liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs2.55 Billion
% of Total Assets	65.32%
Annual Growth Rate	16.17%
5-Year Change	36.79%
10-Year Change	75.63%
Growth Volatility	41.25

Niraj Cement Structurals Limited - Net Assets Trend (2005–2025)

This chart illustrates how Niraj Cement Structurals Limited's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Niraj Cement Structurals Limited for the complete picture of this company's asset base.

Annual Net Assets for Niraj Cement Structurals Limited (2005–2025)

The table below shows the annual net assets of Niraj Cement Structurals Limited from 2005 to 2025. For live valuation and market cap data, see Niraj Cement Structurals Limited market cap and net worth.

Year	Net Assets	Change
2025-03-31	Rs2.42 Billion ≈ $26.17 Million	+58.68%
2024-03-31	Rs1.52 Billion ≈ $16.49 Million	-13.63%
2023-03-31	Rs1.77 Billion ≈ $19.09 Million	-1.58%
2022-03-31	Rs1.79 Billion ≈ $19.40 Million	+1.41%
2021-03-31	Rs1.77 Billion ≈ $19.13 Million	+0.85%
2020-03-31	Rs1.75 Billion ≈ $18.97 Million	+12.11%
2019-03-31	Rs1.56 Billion ≈ $16.92 Million	+1.30%
2018-03-31	Rs1.54 Billion ≈ $16.70 Million	+0.72%
2017-03-31	Rs1.53 Billion ≈ $16.58 Million	+11.31%
2016-03-31	Rs1.38 Billion ≈ $14.90 Million	+0.48%
2015-03-31	Rs1.37 Billion ≈ $14.83 Million	+0.70%
2014-03-31	Rs1.36 Billion ≈ $14.72 Million	-3.83%
2013-03-31	Rs1.42 Billion ≈ $15.31 Million	-3.85%
2012-03-31	Rs1.47 Billion ≈ $15.92 Million	+5.62%
2011-03-31	Rs1.39 Billion ≈ $15.08 Million	+10.65%
2010-03-31	Rs1.26 Billion ≈ $13.62 Million	+6.12%
2009-03-31	Rs1.19 Billion ≈ $12.84 Million	+134.11%
2008-03-31	Rs507.09 Million ≈ $5.48 Million	+14.77%
2007-03-31	Rs441.83 Million ≈ $4.78 Million	+57.78%
2006-03-31	Rs280.03 Million ≈ $3.03 Million	+131.99%
2005-03-31	Rs120.70 Million ≈ $1.31 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Niraj Cement Structurals 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 48200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Common Stock	Rs597.14 Million	24.68%
Other Comprehensive Income	Rs1.82 Billion	75.32%
Other Components	Rs482.00K	0.02%
Total Equity	Rs2.42 Billion	100.00%

Niraj Cement Structurals Limited Competitors by Market Cap

The table below lists competitors of Niraj Cement Structurals Limited ranked by their market capitalization.

Company	Market Cap
Keller Group PLC LSE:KLR	$18.77 Million
Jooyontech KO:044380	$18.79 Million
Greggs PLC LSE:GRG	$18.79 Million
Century Extrusions Limited NSE:CENTEXT	$18.79 Million
Assura PLC LSE:AGR	$18.77 Million
The Union Mosaic Industry Public Company Limited BK:UMI	$18.77 Million
Vision Sigma TA:VISN	$18.76 Million
Anebulo Pharmaceuticals Inc NASDAQ:ANEB	$18.76 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Niraj Cement Structurals Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,524,745,000 to 2,419,512,000, a change of 894,767,000 (58.7%).
Net income of 150,816,000 contributed positively to equity growth.
New share issuances of 1,035,569,000 increased equity.
Other comprehensive income increased equity by 1,699,422,000.
Other factors decreased equity by 1,991,040,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs150.82 Million	+6.23%
Share Issuances	Rs1.04 Billion	+42.8%
Other Comprehensive Income	Rs1.70 Billion	+70.24%
Other Changes	Rs-1.99 Billion	-82.29%
Total Change	Rs-	58.68%

Book Value vs Market Value Analysis

This analysis compares Niraj Cement Structurals 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: 0.61x
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 0.36x to 0.61x 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	Rs80.90	Rs29.08	x
2006-03-31	Rs59.48	Rs29.08	x
2007-03-31	Rs64.96	Rs29.08	x
2008-03-31	Rs71.47	Rs29.08	x
2009-03-31	Rs114.78	Rs29.08	x
2010-03-31	Rs121.80	Rs29.08	x
2011-03-31	Rs129.16	Rs29.08	x
2012-03-31	Rs136.42	Rs29.08	x
2013-03-31	Rs131.17	Rs29.08	x
2014-03-31	Rs126.15	Rs29.08	x
2015-03-31	Rs127.03	Rs29.08	x
2016-03-31	Rs127.64	Rs29.08	x
2017-03-31	Rs129.75	Rs29.08	x
2018-03-31	Rs80.11	Rs29.08	x
2019-03-31	Rs87.00	Rs29.08	x
2020-03-31	Rs94.01	Rs29.08	x
2021-03-31	Rs44.05	Rs29.08	x
2022-03-31	Rs44.67	Rs29.08	x
2023-03-31	Rs43.96	Rs29.08	x
2024-03-31	Rs40.30	Rs29.08	x
2025-03-31	Rs47.97	Rs29.08	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Niraj Cement Structurals 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): 6.23%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.97%
• Asset Turnover: 1.32x
• Equity Multiplier: 1.59x
Recent ROE (6.23%) is above the historical average (5.09%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	13.26%	5.10%	0.54x	4.83x	Rs3.94 Million
2006	27.84%	11.13%	0.92x	2.71x	Rs49.95 Million
2007	14.43%	8.05%	0.83x	2.15x	Rs19.57 Million
2008	13.42%	7.38%	0.59x	3.07x	Rs17.34 Million
2009	6.08%	5.15%	0.66x	1.78x	Rs-46.52 Million
2010	5.76%	3.93%	0.77x	1.90x	Rs-53.36 Million
2011	7.59%	3.43%	1.06x	2.09x	Rs-33.55 Million
2012	5.32%	2.52%	1.12x	1.89x	Rs-68.84 Million
2013	-4.00%	-5.09%	0.42x	1.88x	Rs-198.24 Million
2014	-3.98%	-11.41%	0.17x	2.01x	Rs-190.36 Million
2015	0.69%	1.13%	0.30x	2.02x	Rs-127.59 Million
2016	0.48%	0.62%	0.37x	2.10x	Rs-131.16 Million
2017	0.51%	0.72%	0.31x	2.30x	Rs-145.59 Million
2018	0.68%	0.98%	0.41x	1.71x	Rs-143.93 Million
2019	0.79%	1.14%	0.50x	1.39x	Rs-144.03 Million
2020	0.90%	1.33%	0.52x	1.31x	Rs-159.64 Million
2021	0.75%	0.76%	0.63x	1.57x	Rs-163.64 Million
2022	1.35%	0.68%	1.14x	1.74x	Rs-155.09 Million
2023	2.45%	0.71%	1.92x	1.79x	Rs-133.27 Million
2024	6.38%	2.06%	2.09x	1.48x	Rs-55.25 Million
2025	6.23%	2.97%	1.32x	1.59x	Rs-91.14 Million

Industry Comparison

This section compares Niraj Cement Structurals Limited's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

Industry: Engineering & Construction
Average net assets among peers: $5,406,533,252
Average return on equity (ROE) among peers: 11.08%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Niraj Cement Structurals Limited (NIRAJ)	Rs2.55 Billion	13.26%	0.53x	$18.77 Million
A2Z Infra Engineering Limited (A2ZINFRA)	$2.39 Billion	-46.34%	11.33x	$32.19 Million
AFCONS INFRASTRUCTURE LTD (AFCONS)	$35.98 Billion	12.50%	3.51x	$1.35 Billion
Akash Infra-Projects Limited (AKASH)	$823.15 Million	2.82%	0.82x	$4.86 Million
Ashoka Buildcon Limited (ASHOKA)	$1.53 Billion	2.79%	1.89x	$407.57 Million
AXISCADES Technologies Limited (AXISCADES)	$1.27 Billion	15.54%	0.48x	$923.53 Million
Capacit'e Infraprojects Limited (CAPACITE)	$1.73 Billion	28.13%	4.06x	$230.95 Million
Consolidated Construction Consortium Limited (CCCL)	$4.51 Billion	19.32%	1.22x	$79.43 Million
Ceigall India (CEIGALL)	$4.31 Billion	29.19%	1.22x	$637.91 Million
Dilip Buildcon Limited (DBL)	$1.13 Billion	34.61%	3.83x	$816.55 Million
Dhruv Consultancy Services Limited (DHRUV)	$395.72 Million	12.22%	1.09x	$7.28 Million

About Niraj Cement Structurals Limited

NSE:NIRAJ India Engineering & Construction

Market Cap

$18.77 Million

Rs1.74 Billion INR

Market Cap Rank

#25236 Global

#1405 in India

Share Price

Rs29.08

Change (1 day)

-1.52%

52-Week Range

Rs20.73 - Rs60.50

All Time High

Rs72.26