Ortin Laboratories Limited
Ortin Global Limited engages in the manufacture and trading of pharmaceuticals, drugs, and intermediates in India. The company offers various pharmaceutical formulations of tablets, capsules, syrups, and dry powders. It provides formulations, such as anti-diabetics, anti allergics, sedatives and tranquilisers, anti helmenthetics, analgesics and antipyretics, anti-biotics-quinolones, anti-biotic-p… Read more
Ortin Laboratories Limited (ORTINLAB) - Net Assets
Latest net assets as of March 2024: ₹28.24 Million INR
Based on the latest financial reports, Ortin Laboratories Limited (ORTINLAB) has net assets worth ₹28.24 Million INR as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹66.64 Million) and total liabilities (₹38.40 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 | ₹28.24 Million |
| % of Total Assets | 42.37% |
| Annual Growth Rate | -5.46% |
| 5-Year Change | -88.14% |
| 10-Year Change | -87.42% |
| Growth Volatility | 53.42 |
Ortin Laboratories Limited - Net Assets Trend (2009–2024)
This chart illustrates how Ortin Laboratories 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 Ortin Laboratories Limited (2009–2024)
The table below shows the annual net assets of Ortin Laboratories Limited from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | ₹28.24 Million | -74.01% |
| 2023-03-31 | ₹108.65 Million | -0.84% |
| 2022-03-31 | ₹109.57 Million | -3.51% |
| 2021-03-31 | ₹113.56 Million | -52.32% |
| 2020-03-31 | ₹238.16 Million | -5.09% |
| 2019-03-31 | ₹250.94 Million | +4.22% |
| 2018-03-31 | ₹240.78 Million | +1.74% |
| 2017-03-31 | ₹236.66 Million | +1.69% |
| 2016-03-31 | ₹232.72 Million | +3.72% |
| 2015-03-31 | ₹224.39 Million | +2.17% |
| 2014-03-31 | ₹219.62 Million | +5.71% |
| 2013-03-31 | ₹207.76 Million | +2.96% |
| 2012-03-31 | ₹201.79 Million | +1.46% |
| 2011-03-31 | ₹198.89 Million | +186.71% |
| 2010-03-31 | ₹69.37 Million | +5.82% |
| 2009-03-31 | ₹65.55 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ortin Laboratories 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 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₹81.31 Million | 287.95% |
| Other Comprehensive Income | ₹-53.07 Million | -187.95% |
| Total Equity | ₹28.24 Million | 100.00% |
Ortin Laboratories Limited Competitors by Market Cap
The table below lists competitors of Ortin Laboratories Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nova Net Lease REIT
PINK:NNLRF
|
$1.23 Million |
|
Riedel Resources Ltd
AU:RIE
|
$1.23 Million |
|
Circle Internet Group, Inc.
NYSE:CRCL
|
$1.23 Million |
|
Pudjiadi Prestige Tbk
JK:PUDP
|
$1.23 Million |
|
AIS Resources Ltd
V:AIS
|
$1.22 Million |
|
Burzynski Research
PINK:BZYR
|
$1.22 Million |
|
Sultan Resources Ltd
AU:SLZ
|
$1.22 Million |
|
Mace Security Intl
PINK:MACE
|
$1.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ortin Laboratories Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 108,649,000 to 28,239,000, a change of -80,410,000 (-74.0%).
- Net loss of 80,410,000 reduced equity.
- Other comprehensive income decreased equity by 59,527,999.
- Other factors increased equity by 59,527,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹-80.41 Million | -284.75% |
| Other Comprehensive Income | ₹-59.53 Million | -210.8% |
| Other Changes | ₹59.53 Million | +210.8% |
| Total Change | ₹- | -74.01% |
Book Value vs Market Value Analysis
This analysis compares Ortin Laboratories 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: 5.65x
- 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 increased from 0.53x to 5.65x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-03-31 | ₹37.21 | ₹19.63 | x |
| 2010-03-31 | ₹39.37 | ₹19.63 | x |
| 2011-03-31 | ₹24.46 | ₹19.63 | x |
| 2012-03-31 | ₹24.69 | ₹19.63 | x |
| 2013-03-31 | ₹25.36 | ₹19.63 | x |
| 2014-03-31 | ₹27.00 | ₹19.63 | x |
| 2015-03-31 | ₹27.59 | ₹19.63 | x |
| 2016-03-31 | ₹28.49 | ₹19.63 | x |
| 2017-03-31 | ₹29.10 | ₹19.63 | x |
| 2018-03-31 | ₹29.61 | ₹19.63 | x |
| 2019-03-31 | ₹30.86 | ₹19.63 | x |
| 2020-03-31 | ₹29.29 | ₹19.63 | x |
| 2021-03-31 | ₹13.93 | ₹19.63 | x |
| 2022-03-31 | ₹13.47 | ₹19.63 | x |
| 2023-03-31 | ₹13.36 | ₹19.63 | x |
| 2024-03-31 | ₹3.47 | ₹19.63 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ortin Laboratories 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): -284.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -380.82%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 2.36x
- Recent ROE (-284.75%) is below the historical average (-13.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 9.84% | 2.17% | 2.00x | 2.27x | ₹-105.23K |
| 2010 | 10.92% | 2.42% | 2.16x | 2.09x | ₹641.34K |
| 2011 | 7.42% | 2.36% | 1.15x | 2.74x | ₹-5.14 Million |
| 2012 | 6.33% | 1.49% | 1.03x | 4.12x | ₹-7.41 Million |
| 2013 | 5.26% | 1.85% | 0.80x | 3.54x | ₹-9.85 Million |
| 2014 | 5.40% | 2.09% | 0.78x | 3.30x | ₹-10.10 Million |
| 2015 | 4.00% | 2.29% | 0.58x | 3.00x | ₹-13.46 Million |
| 2016 | 3.58% | 2.10% | 0.61x | 2.81x | ₹-14.93 Million |
| 2017 | 1.66% | 0.93% | 0.69x | 2.59x | ₹-19.73 Million |
| 2018 | 2.82% | 0.85% | 1.08x | 3.06x | ₹-17.29 Million |
| 2019 | 5.10% | 0.78% | 1.55x | 4.19x | ₹-12.29 Million |
| 2020 | -2.37% | -0.29% | 1.68x | 4.89x | ₹-29.45 Million |
| 2021 | 8.33% | 11.58% | 0.38x | 1.87x | ₹-1.90 Million |
| 2022 | -3.64% | -4.84% | 0.40x | 1.89x | ₹-14.94 Million |
| 2023 | -0.62% | -1.11% | 0.28x | 1.95x | ₹-11.53 Million |
| 2024 | -284.75% | -380.82% | 0.32x | 2.36x | ₹-83.23 Million |
Industry Comparison
This section compares Ortin Laboratories Limited's net assets metrics with peer companies in the Drug Manufacturers - Specialty & Generic industry.
Industry Context
- Industry: Drug Manufacturers - Specialty & Generic
- Average net assets among peers: $12,445,167,922
- Average return on equity (ROE) among peers: 14.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ortin Laboratories Limited (ORTINLAB) | ₹28.24 Million | 9.84% | 1.36x | $1.22 Million |
| Aarey Drugs & Pharmaceuticals Limited (AAREYDRUGS) | $802.45 Million | 7.70% | 1.12x | $11.20 Million |
| Aarti Drugs Limited (AARTIDRUGS) | $1.12 Billion | 12.32% | 2.74x | $149.72 Million |
| Abbott India Limited (ABBOTINDIA) | $42.33 Billion | 33.41% | 0.40x | $1.59 Billion |
| Ajanta Pharma Limited (AJANTPHARM) | $15.68 Billion | 32.33% | 0.16x | $1.46 Billion |
| Akums Drugs and Pharmaceutical (AKUMS) | $7.20 Billion | -0.56% | 3.88x | $123.83 Million |
| Albert David Limited (ALBERTDAVD) | $2.44 Billion | 9.06% | 0.40x | $15.85 Million |
| Alivus Life Sciences Limited (ALIVUS) | $28.17 Billion | 17.24% | 0.21x | $333.13 Million |
| Alkem Laboratories Limited (ALKEM) | $23.74 Billion | 20.90% | 0.71x | $2.41 Billion |
| Alpa Laboratories Limited (ALPA) | $56.73 Million | 0.53% | 2.47x | $5.55 Million |
| Amrutanjan Health Care Limited (AMRUTANJAN) | $2.91 Billion | 13.70% | 0.25x | $77.60 Million |