N R Agarwal Industries Limited
N R Agarwal Industries Limited manufactures and sells finished paper products in India. The company offers folding box board and solid bleached sulphate products; duplex boards, such as coated paper board white and grey back for offset printing, embossing, and foil stamping; writing and printing papers; copier papers; and newsprint products. Its products are primarily used in FMCG packaging, text… Read more
N R Agarwal Industries Limited (NRAIL) - Net Assets
Latest net assets as of September 2025: ₹7.86 Billion INR
Based on the latest financial reports, N R Agarwal Industries Limited (NRAIL) has net assets worth ₹7.86 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹18.68 Billion) and total liabilities (₹10.82 Billion). 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 | ₹7.86 Billion |
| % of Total Assets | 42.09% |
| Annual Growth Rate | 18.78% |
| 5-Year Change | 62.56% |
| 10-Year Change | 723.37% |
| Growth Volatility | 20.85 |
N R Agarwal Industries Limited - Net Assets Trend (2006–2025)
This chart illustrates how N R Agarwal 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 N R Agarwal Industries Limited (2006–2025)
The table below shows the annual net assets of N R Agarwal Industries Limited from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹7.75 Billion | +1.88% |
| 2024-03-31 | ₹7.60 Billion | +19.61% |
| 2023-03-31 | ₹6.36 Billion | +18.58% |
| 2022-03-31 | ₹5.36 Billion | +12.50% |
| 2021-03-31 | ₹4.76 Billion | +13.78% |
| 2020-03-31 | ₹4.19 Billion | +34.07% |
| 2019-03-31 | ₹3.12 Billion | +42.38% |
| 2018-03-31 | ₹2.19 Billion | +33.52% |
| 2017-03-31 | ₹1.64 Billion | +74.65% |
| 2016-03-31 | ₹940.75 Million | +23.38% |
| 2015-03-31 | ₹762.49 Million | -31.05% |
| 2014-03-31 | ₹1.11 Billion | +0.41% |
| 2013-03-31 | ₹1.10 Billion | +4.35% |
| 2012-03-31 | ₹1.06 Billion | +12.49% |
| 2011-03-31 | ₹938.22 Million | +37.90% |
| 2010-03-31 | ₹680.35 Million | +35.99% |
| 2009-03-31 | ₹500.31 Million | +15.92% |
| 2008-03-31 | ₹431.59 Million | +15.01% |
| 2007-03-31 | ₹375.27 Million | +27.55% |
| 2006-03-31 | ₹294.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to N R Agarwal 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 grown by 747434300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹7.47 Billion | 96.49% |
| Common Stock | ₹170.19 Million | 2.20% |
| Other Comprehensive Income | ₹101.33 Million | 1.31% |
| Other Components | ₹1.00K | 0.00% |
| Total Equity | ₹7.75 Billion | 100.00% |
N R Agarwal Industries Limited Competitors by Market Cap
The table below lists competitors of N R Agarwal Industries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fulin Plastic Industry Cayman Holding Co Ltd
TW:1341
|
$17.61 Million |
|
African Rainbow Minerals Ltd
JSE:ARI
|
$17.61 Million |
|
Chilwa Minerals Ltd
AU:CHW
|
$17.61 Million |
|
ACELRX PHARMACEUT. DL-01
F:R5XA
|
$17.61 Million |
|
SG Choongbang Co Ltd
KO:001380
|
$17.60 Million |
|
Bluglass Ltd
AU:BLG
|
$17.59 Million |
|
Yoo Sung Ent
KO:002920
|
$17.59 Million |
|
4Mass SA
WAR:4MS
|
$17.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in N R Agarwal Industries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,602,909,000 to 7,745,867,000, a change of 142,958,000 (1.9%).
- Net income of 176,510,000 contributed positively to equity growth.
- Dividend payments of 34,038,000 reduced retained earnings.
- Other comprehensive income decreased equity by 801,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹176.51 Million | +2.28% |
| Dividends Paid | ₹34.04 Million | -0.44% |
| Other Comprehensive Income | ₹-801.00K | -0.01% |
| Other Changes | ₹1.29 Million | +0.02% |
| Total Change | ₹- | 1.88% |
Book Value vs Market Value Analysis
This analysis compares N R Agarwal 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: 0.92x
- 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 24.19x to 0.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | ₹17.29 | ₹418.20 | x |
| 2007-03-31 | ₹22.05 | ₹418.20 | x |
| 2008-03-31 | ₹25.36 | ₹418.20 | x |
| 2009-03-31 | ₹29.40 | ₹418.20 | x |
| 2010-03-31 | ₹39.98 | ₹418.20 | x |
| 2011-03-31 | ₹55.13 | ₹418.20 | x |
| 2012-03-31 | ₹62.01 | ₹418.20 | x |
| 2013-03-31 | ₹64.71 | ₹418.20 | x |
| 2014-03-31 | ₹64.98 | ₹418.20 | x |
| 2015-03-31 | ₹44.80 | ₹418.20 | x |
| 2016-03-31 | ₹55.28 | ₹418.20 | x |
| 2017-03-31 | ₹96.54 | ₹418.20 | x |
| 2018-03-31 | ₹128.91 | ₹418.20 | x |
| 2019-03-31 | ₹183.53 | ₹418.20 | x |
| 2020-03-31 | ₹246.07 | ₹418.20 | x |
| 2021-03-31 | ₹279.98 | ₹418.20 | x |
| 2022-03-31 | ₹314.97 | ₹418.20 | x |
| 2023-03-31 | ₹373.48 | ₹418.20 | x |
| 2024-03-31 | ₹446.73 | ₹418.20 | x |
| 2025-03-31 | ₹455.26 | ₹418.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently N R Agarwal 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): 2.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.06%
- • Asset Turnover: 0.94x
- • Equity Multiplier: 2.28x
- Recent ROE (2.28%) is below the historical average (16.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 19.62% | 2.89% | 0.96x | 7.10x | ₹28.29 Million |
| 2007 | 29.56% | 3.82% | 1.50x | 5.15x | ₹73.39 Million |
| 2008 | 21.38% | 2.96% | 1.46x | 4.95x | ₹49.10 Million |
| 2009 | 17.72% | 2.29% | 1.83x | 4.22x | ₹38.61 Million |
| 2010 | 31.73% | 5.54% | 1.50x | 3.81x | ₹147.85 Million |
| 2011 | 29.73% | 5.77% | 1.24x | 4.14x | ₹185.14 Million |
| 2012 | 13.35% | 2.86% | 1.12x | 4.15x | ₹35.41 Million |
| 2013 | 4.17% | 0.90% | 1.11x | 4.20x | ₹-64.22 Million |
| 2014 | 0.41% | 0.08% | 0.97x | 5.06x | ₹-106.07 Million |
| 2015 | -43.85% | -4.61% | 1.09x | 8.69x | ₹-410.60 Million |
| 2016 | 18.95% | 2.02% | 1.32x | 7.09x | ₹84.18 Million |
| 2017 | 30.27% | 4.78% | 1.54x | 4.10x | ₹333.01 Million |
| 2018 | 41.13% | 7.62% | 1.68x | 3.21x | ₹683.05 Million |
| 2019 | 30.30% | 7.24% | 1.62x | 2.58x | ₹634.08 Million |
| 2020 | 27.88% | 8.37% | 1.61x | 2.07x | ₹748.71 Million |
| 2021 | 12.01% | 5.06% | 1.21x | 1.96x | ₹95.79 Million |
| 2022 | 11.38% | 3.81% | 1.60x | 1.87x | ₹74.17 Million |
| 2023 | 15.62% | 5.69% | 1.67x | 1.64x | ₹357.40 Million |
| 2024 | 16.50% | 9.70% | 0.83x | 2.06x | ₹494.34 Million |
| 2025 | 2.28% | 1.06% | 0.94x | 2.28x | ₹-598.08 Million |
Industry Comparison
This section compares N R Agarwal Industries Limited's net assets metrics with peer companies in the Paper & Paper Products industry.
Industry Context
- Industry: Paper & Paper Products
- Average net assets among peers: $-884,025,353
- Average return on equity (ROE) among peers: 2.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| N R Agarwal Industries Limited (NRAIL) | ₹7.86 Billion | 19.62% | 1.38x | $17.60 Million |
| ANDHRA PAPER LIMITED (ANDHRAPAP) | $5.78 Billion | 7.77% | 1.08x | $31.10 Million |
| Astron Paper & Board Mill Limited (ASTRON) | $1.84 Billion | 4.41% | 0.91x | $707.44K |
| Ballarpur Industries Limited (BALLARPUR) | $-32.87 Billion | 0.00% | 0.00x | $31.74 Million |
| Emami Paper Mills Limited (EMAMIPAP) | $2.94 Billion | 5.58% | 5.69x | $10.29 Million |
| Genus Paper & Boards Limited (GENUSPAPER) | $3.55 Billion | 4.21% | 0.45x | $6.25 Million |
| JK Paper Limited (JKPAPER) | $4.09 Billion | 9.30% | 2.34x | $254.63 Million |
| Kuantum Papers Limited (KUANTUM) | $445.31 Million | -28.12% | 5.36x | $16.50 Million |
| Magnum Ventures Limited (MAGNUM) | $5.84 Billion | 12.13% | 0.79x | $5.55 Million |
| Malu Paper Mills Limited (MALUPAPER) | $434.42 Million | 5.83% | 2.18x | $1.68 Million |