Niraj Ispat Industries Limited
Niraj Ispat Industries Limited is a manufacturing company that specializes in producing polyester buttons in two or four thread holes for dresses, sweaters, pouches, and shirts. These buttons are available in a variety of colors, sizes, and designs and are offered at cost-effective prices to clients.
Niraj Ispat Industries Limited (NIRAJISPAT) - Net Assets
Latest net assets as of September 2025: ₹151.62 Million INR
Based on the latest financial reports, Niraj Ispat Industries Limited (NIRAJISPAT) has net assets worth ₹151.62 Million INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹206.24 Million) and total liabilities (₹54.63 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹151.62 Million |
| % of Total Assets | 73.51% |
| Annual Growth Rate | 10.36% |
| 5-Year Change | 46.89% |
| 10-Year Change | 132.88% |
| Growth Volatility | 4.47 |
Niraj Ispat Industries Limited - Net Assets Trend (2010–2025)
This chart illustrates how Niraj Ispat Industries Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Niraj Ispat Industries Limited (2010–2025)
The table below shows the annual net assets of Niraj Ispat Industries Limited from 2010 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹143.06 Million | +10.30% |
| 2024-03-31 | ₹129.70 Million | +6.66% |
| 2023-03-31 | ₹121.60 Million | +15.90% |
| 2022-03-31 | ₹104.92 Million | +7.73% |
| 2021-03-31 | ₹97.39 Million | +3.69% |
| 2020-03-31 | ₹93.92 Million | +5.89% |
| 2019-03-31 | ₹88.69 Million | +7.98% |
| 2018-03-31 | ₹82.14 Million | +16.42% |
| 2017-03-31 | ₹70.55 Million | +14.85% |
| 2016-03-31 | ₹61.43 Million | +18.60% |
| 2015-03-31 | ₹51.80 Million | +15.40% |
| 2014-03-31 | ₹44.88 Million | +7.93% |
| 2013-03-31 | ₹41.59 Million | +5.88% |
| 2012-03-31 | ₹39.27 Million | +8.77% |
| 2011-03-31 | ₹36.11 Million | +10.72% |
| 2010-03-31 | ₹32.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Niraj Ispat Industries 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 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₹6.00 Million | 4.19% |
| Other Components | ₹137.06 Million | 95.81% |
| Total Equity | ₹143.06 Million | 100.00% |
Niraj Ispat Industries Limited Competitors by Market Cap
The table below lists competitors of Niraj Ispat Industries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Damon Inc. Common Stock
NASDAQ:DMN
|
$25.76K |
|
DYD Co. Ltd.
KO:219550
|
$25.80K |
|
AltEnergy Acquisition Corp. Warrant
NASDAQ:AEAEW
|
$25.81K |
|
VULC3F
SA:VULC3F
|
$25.81K |
|
TienPin United Enterprise CO., LTD.
TWO:6199
|
$25.75K |
|
INTL PERSONAL FIN
BE:3I8
|
$25.75K |
|
354390
KO:354390
|
$25.75K |
|
Dentis Co. Ltd.
KO:261200
|
$25.70K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Niraj Ispat Industries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 129,699,000 to 143,056,000, a change of 13,357,000 (10.3%).
- Net income of 13,357,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 17,383,000.
- Other factors increased equity by 17,383,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹13.36 Million | +9.34% |
| Other Comprehensive Income | ₹-17.38 Million | -12.15% |
| Other Changes | ₹17.38 Million | +12.15% |
| Total Change | ₹- | 10.30% |
Book Value vs Market Value Analysis
This analysis compares Niraj Ispat Industries 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: 0.96x
- 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 4.19x to 0.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-03-31 | ₹54.35 | ₹228.00 | x |
| 2011-03-31 | ₹60.18 | ₹228.00 | x |
| 2012-03-31 | ₹65.46 | ₹228.00 | x |
| 2013-03-31 | ₹69.31 | ₹228.00 | x |
| 2014-03-31 | ₹74.80 | ₹228.00 | x |
| 2015-03-31 | ₹86.33 | ₹228.00 | x |
| 2016-03-31 | ₹102.38 | ₹228.00 | x |
| 2017-03-31 | ₹117.59 | ₹228.00 | x |
| 2018-03-31 | ₹136.90 | ₹228.00 | x |
| 2019-03-31 | ₹147.82 | ₹228.00 | x |
| 2020-03-31 | ₹156.54 | ₹228.00 | x |
| 2021-03-31 | ₹162.32 | ₹228.00 | x |
| 2022-03-31 | ₹174.86 | ₹228.00 | x |
| 2023-03-31 | ₹202.66 | ₹228.00 | x |
| 2024-03-31 | ₹216.17 | ₹228.00 | x |
| 2025-03-31 | ₹238.43 | ₹228.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Niraj Ispat Industries 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): 9.34%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 35.95%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 1.41x
- Recent ROE (9.34%) is above the historical average (9.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 6.35% | 8.80% | 0.51x | 1.42x | ₹-1.19 Million |
| 2011 | 9.68% | 10.69% | 0.39x | 2.31x | ₹-114.52K |
| 2012 | 8.07% | 9.49% | 0.37x | 2.27x | ₹-759.28K |
| 2013 | 5.56% | 5.62% | 0.47x | 2.10x | ₹-1.85 Million |
| 2014 | 7.35% | 5.72% | 0.54x | 2.39x | ₹-1.19 Million |
| 2015 | 13.96% | 10.72% | 0.52x | 2.50x | ₹2.05 Million |
| 2016 | 15.68% | 14.11% | 0.44x | 2.55x | ₹3.49 Million |
| 2017 | 12.93% | 12.93% | 0.45x | 2.22x | ₹2.07 Million |
| 2018 | 11.68% | 14.72% | 0.40x | 2.01x | ₹1.38 Million |
| 2019 | 7.39% | 11.00% | 0.37x | 1.84x | ₹-2.31 Million |
| 2020 | 5.57% | 10.46% | 0.35x | 1.50x | ₹-4.16 Million |
| 2021 | 3.56% | 9.73% | 0.25x | 1.46x | ₹-6.27 Million |
| 2022 | 7.17% | 15.44% | 0.35x | 1.34x | ₹-2.96 Million |
| 2023 | 13.72% | 29.95% | 0.37x | 1.22x | ₹4.52 Million |
| 2024 | 6.25% | 24.84% | 0.21x | 1.19x | ₹-4.87 Million |
| 2025 | 9.34% | 35.95% | 0.18x | 1.41x | ₹-948.60K |
Industry Comparison
This section compares Niraj Ispat Industries Limited's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $6,637,378,320
- Average return on equity (ROE) among peers: 4.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Niraj Ispat Industries Limited (NIRAJISPAT) | ₹151.62 Million | 6.35% | 0.36x | $25.76K |
| Aditya Birla Fashion and Retail Limited (ABFRL) | $14.29 Billion | 22.48% | 3.63x | $374.74 Million |
| Arvind Fashions Limited (ARVINDFASN) | $90.00K | -11.11% | 2.44x | $338.02 Million |
| Bang Overseas Limited (BANG) | $832.73 Million | 0.11% | 0.89x | $1.27 Million |
| Bhandari Hosiery Exports Limited (BHANDARI) | $739.08 Million | 7.19% | 1.78x | $4.21 Million |
| Cantabil Retail India Limited (CANTABIL) | $774.86 Million | 6.54% | 0.77x | $58.42 Million |
| Celebrity Fashions Limited (CELEBRITY) | $1.50 Billion | -3.67% | 1.62x | $2.27 Million |
| Dollar Industries Limited (DOLLAR) | $1.45 Billion | 18.11% | 2.55x | $62.71 Million |
| Filatex Fashions Limited (FILATFASH) | $23.12 Billion | 0.41% | 0.06x | $9.78 Million |
| Future Lifestyle Fashions Limited (FLFL) | $19.22 Billion | 2.34% | 1.13x | $2.50 Million |
| Gokaldas Exports Limited (GOKEX) | $4.44 Billion | 0.77% | 1.08x | $393.89 Million |