Palred Technologies Limited (PALREDTEC) - Net Assets
Based on the latest financial reports, Palred Technologies Limited (PALREDTEC) has net assets worth Rs387.32 Million INR (≈ $4.19 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs1.14 Billion ≈ $12.34 Million USD) and total liabilities (Rs753.39 Million ≈ $8.15 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 Palred Technologies Limited tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs387.32 Million |
| % of Total Assets | 33.95% |
| Annual Growth Rate | -3.18% |
| 5-Year Change | 1.06% |
| 10-Year Change | 36.14% |
| Growth Volatility | 30.12 |
Palred Technologies Limited - Net Assets Trend (2006–2026)
This chart illustrates how Palred Technologies Limited's net assets have evolved over time, based on quarterly financial data. See Palred Technologies Limited liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Palred Technologies Limited (2006–2026)
The table below shows the annual net assets of Palred Technologies Limited from 2006 to 2026. For live valuation and market cap data, see PALREDTEC market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs387.32 Million ≈ $4.19 Million |
-16.22% |
| 2025-03-31 | Rs462.30 Million ≈ $5.00 Million |
-18.48% |
| 2024-03-31 | Rs567.13 Million ≈ $6.13 Million |
-8.33% |
| 2023-03-31 | Rs618.64 Million ≈ $6.69 Million |
+61.41% |
| 2022-03-31 | Rs383.27 Million ≈ $4.14 Million |
+20.66% |
| 2021-03-31 | Rs317.63 Million ≈ $3.44 Million |
+11.30% |
| 2020-03-31 | Rs285.38 Million ≈ $3.09 Million |
-13.64% |
| 2019-03-31 | Rs330.45 Million ≈ $3.57 Million |
-24.93% |
| 2018-03-31 | Rs440.18 Million ≈ $4.76 Million |
+54.72% |
| 2017-03-31 | Rs284.50 Million ≈ $3.08 Million |
-32.36% |
| 2016-03-31 | Rs420.60 Million ≈ $4.55 Million |
-54.41% |
| 2015-03-31 | Rs922.65 Million ≈ $9.98 Million |
+6.75% |
| 2014-03-31 | Rs864.31 Million ≈ $9.35 Million |
-36.26% |
| 2013-03-31 | Rs1.36 Billion ≈ $14.66 Million |
+10.37% |
| 2012-03-31 | Rs1.23 Billion ≈ $13.29 Million |
-21.90% |
| 2011-03-31 | Rs1.57 Billion ≈ $17.01 Million |
+6.69% |
| 2010-03-31 | Rs1.47 Billion ≈ $15.94 Million |
-7.90% |
| 2009-03-31 | Rs1.60 Billion ≈ $17.31 Million |
+45.73% |
| 2008-03-31 | Rs1.10 Billion ≈ $11.88 Million |
+11.91% |
| 2007-03-31 | Rs981.54 Million ≈ $10.61 Million |
+32.88% |
| 2006-03-31 | Rs738.65 Million ≈ $7.99 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Palred 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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs122.33 Million | 28.39% |
| Other Components | Rs308.60 Million | 71.61% |
| Total Equity | Rs430.92 Million | 100.00% |
Palred Technologies Limited Competitors by Market Cap
The table below lists competitors of Palred Technologies Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cyabra, Inc. Common Stock
NASDAQ:CYAB
|
$7.05 Million |
|
TZ Ltd
AU:TZL
|
$7.06 Million |
|
Stenocare AS
CO:STENO
|
$7.06 Million |
|
Bioalpha Holdings Bhd
KLSE:0179
|
$7.06 Million |
|
JX Luxventure Limited
NASDAQ:JXG
|
$7.04 Million |
|
Griffin Mining
LSE:GFM
|
$7.04 Million |
|
Nakoda Group of Industries Limited
NSE:NGIL
|
$7.03 Million |
|
Delta Manufacturing Limited
NSE:DELTAMAGNT
|
$7.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Palred Technologies Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 484,125,000 to 430,924,000, a change of -53,201,000 (-11.0%).
- Net loss of 52,669,000 reduced equity.
- Other comprehensive income decreased equity by 148,291,000.
- Other factors increased equity by 147,759,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-52.67 Million | -12.22% |
| Other Comprehensive Income | Rs-148.29 Million | -34.41% |
| Other Changes | Rs147.76 Million | +34.29% |
| Total Change | Rs- | -10.99% |
Book Value vs Market Value Analysis
This analysis compares Palred 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: 1.51x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.49x to 1.51x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs109.59 | Rs53.25 | x |
| 2007-03-31 | Rs135.49 | Rs53.25 | x |
| 2008-03-31 | Rs142.63 | Rs53.25 | x |
| 2009-03-31 | Rs207.64 | Rs53.25 | x |
| 2010-03-31 | Rs190.35 | Rs53.25 | x |
| 2011-03-31 | Rs204.35 | Rs53.25 | x |
| 2012-03-31 | Rs158.50 | Rs53.25 | x |
| 2013-03-31 | Rs174.24 | Rs53.25 | x |
| 2014-03-31 | Rs110.70 | Rs53.25 | x |
| 2015-03-31 | Rs115.84 | Rs53.25 | x |
| 2016-03-31 | Rs50.16 | Rs53.25 | x |
| 2017-03-31 | Rs34.49 | Rs53.25 | x |
| 2018-03-31 | Rs44.62 | Rs53.25 | x |
| 2019-03-31 | Rs32.39 | Rs53.25 | x |
| 2020-03-31 | Rs27.73 | Rs53.25 | x |
| 2021-03-31 | Rs30.11 | Rs53.25 | x |
| 2022-03-31 | Rs36.80 | Rs53.25 | x |
| 2023-03-31 | Rs54.55 | Rs53.25 | x |
| 2024-03-31 | Rs46.01 | Rs53.25 | x |
| 2025-03-31 | Rs39.68 | Rs53.25 | x |
| 2026-03-31 | Rs35.26 | Rs53.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Palred 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): -12.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.82%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 2.65x
- Recent ROE (-12.22%) is below the historical average (-4.68%), 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 | 8.04% | 6.60% | 0.48x | 2.55x | Rs-14.46 Million |
| 2007 | 0.97% | 0.59% | 0.75x | 2.15x | Rs-88.68 Million |
| 2008 | 4.60% | 2.94% | 0.82x | 1.90x | Rs-59.36 Million |
| 2009 | 27.94% | 22.98% | 0.80x | 1.52x | Rs287.17 Million |
| 2010 | 5.20% | 5.77% | 0.64x | 1.42x | Rs-70.77 Million |
| 2011 | 1.96% | 2.54% | 0.54x | 1.42x | Rs-127.24 Million |
| 2012 | -34.71% | -33.75% | 0.65x | 1.59x | Rs-549.23 Million |
| 2013 | 8.50% | 8.70% | 0.69x | 1.42x | Rs-20.33 Million |
| 2014 | 51.61% | 249.63% | 0.20x | 1.01x | Rs359.64 Million |
| 2015 | 1.40% | 17.75% | 0.07x | 1.06x | Rs-77.15 Million |
| 2016 | -40.60% | -43.82% | 0.71x | 1.30x | Rs-208.51 Million |
| 2017 | -39.88% | -27.44% | 1.17x | 1.25x | Rs-141.29 Million |
| 2018 | -12.82% | -10.69% | 0.98x | 1.23x | Rs-97.44 Million |
| 2019 | -32.68% | -30.36% | 0.94x | 1.15x | Rs-134.56 Million |
| 2020 | -17.25% | -10.22% | 0.95x | 1.79x | Rs-73.55 Million |
| 2021 | 8.58% | 2.15% | 1.73x | 2.30x | Rs-4.17 Million |
| 2022 | -4.79% | -1.34% | 1.69x | 2.11x | Rs-52.96 Million |
| 2023 | -0.06% | -0.03% | 1.14x | 2.18x | Rs-60.15 Million |
| 2024 | -6.08% | -2.95% | 0.90x | 2.30x | Rs-90.52 Million |
| 2025 | -16.02% | -9.06% | 0.74x | 2.39x | Rs-125.99 Million |
| 2026 | -12.22% | -6.82% | 0.68x | 2.65x | Rs-95.76 Million |
Industry Comparison
This section compares Palred Technologies Limited's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $1,979,834,500
- Average return on equity (ROE) among peers: 13.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Palred Technologies Limited (PALREDTEC) | Rs387.32 Million | 8.04% | 1.95x | $7.04 Million |
| BPL Limited (BPL) | $2.82 Billion | -7.78% | 4.55x | $29.05 Million |
| Dixon Technologies (India) Limited (DIXON) | $1.14 Billion | 35.40% | 2.50x | $8.31 Billion |
About Palred Technologies Limited
Palred Technologies Limited, together with its subsidiaries, engages in the e-commerce business in India. It offers Bluetooth headsets and speakers, wired headsets, chargers and cables, computer accessories, and cameras and related accessories under Xmate brand name. The company also owns and operates ecommerce websites, including ptron.in and LatestOne.com that sells tech and mobile accessories,… Read more