Panache Digilife Limited (PANACHE) - Net Assets
Based on the latest financial reports, Panache Digilife Limited (PANACHE) has net assets worth Rs682.63 Million INR (≈ $7.38 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 (Rs1.27 Billion ≈ $13.76 Million USD) and total liabilities (Rs590.05 Million ≈ $6.38 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 PANACHE cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs682.63 Million |
| % of Total Assets | 53.64% |
| Annual Growth Rate | 37.18% |
| 5-Year Change | 123.96% |
| 10-Year Change | 1457.62% |
| Growth Volatility | 60.73 |
Panache Digilife Limited - Net Assets Trend (2012–2025)
This chart illustrates how Panache Digilife Limited's net assets have evolved over time, based on quarterly financial data. Also explore Panache Digilife Limited (PANACHE) total assets for the complete picture of this company's asset base.
Annual Net Assets for Panache Digilife Limited (2012–2025)
The table below shows the annual net assets of Panache Digilife Limited from 2012 to 2025. For live valuation and market cap data, see Panache Digilife Limited market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs658.70 Million ≈ $7.12 Million |
+106.67% |
| 2024-03-31 | Rs318.72 Million ≈ $3.45 Million |
+1.37% |
| 2023-03-31 | Rs314.42 Million ≈ $3.40 Million |
+3.31% |
| 2022-03-31 | Rs304.35 Million ≈ $3.29 Million |
+3.48% |
| 2021-03-31 | Rs294.11 Million ≈ $3.18 Million |
+0.81% |
| 2020-03-31 | Rs291.75 Million ≈ $3.16 Million |
-9.54% |
| 2019-03-31 | Rs322.52 Million ≈ $3.49 Million |
+13.68% |
| 2018-03-31 | Rs283.71 Million ≈ $3.07 Million |
+210.50% |
| 2017-03-31 | Rs91.37 Million ≈ $988.14K |
+116.06% |
| 2016-03-31 | Rs42.29 Million ≈ $457.34K |
+48.53% |
| 2015-03-31 | Rs28.47 Million ≈ $307.90K |
+53.43% |
| 2014-03-31 | Rs18.56 Million ≈ $200.68K |
+30.20% |
| 2013-03-31 | Rs14.25 Million ≈ $154.13K |
+31.80% |
| 2012-03-31 | Rs10.81 Million ≈ $116.94K |
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Equity Component Analysis
This analysis shows how different components contribute to Panache Digilife 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 2417.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs196.66 Million | 29.85% |
| Common Stock | Rs152.28 Million | 23.11% |
| Other Comprehensive Income | Rs18.62 Million | 2.83% |
| Other Components | Rs291.30 Million | 44.21% |
| Total Equity | Rs658.87 Million | 100.00% |
Panache Digilife Limited Competitors by Market Cap
The table below lists competitors of Panache Digilife Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SYLA Technologies Co., Ltd. American Depositary Shares
NASDAQ:SYT
|
$60.16 Million |
|
North European Oil Royalty Trust
NYSE:NRT
|
$60.20 Million |
|
Oncoinvent ASA
OL:KLDVK
|
$60.20 Million |
|
Kingfisher PLC
LSE:KGF
|
$60.21 Million |
|
Wp Energy Public Company Limited
BK:WP
|
$60.15 Million |
|
Bound and Beyond PCL
BK:BEYOND-R
|
$60.12 Million |
|
Tplex Co. Ltd
KQ:081150
|
$60.11 Million |
|
Chien Shing Stainless Steel Co Ltd
TW:2025
|
$60.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Panache Digilife Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 318,744,000 to 658,868,000, a change of 340,124,000 (106.7%).
- Net income of 68,675,000 contributed positively to equity growth.
- Share repurchases of 271,697,400 reduced equity.
- New share issuances of 277,384,500 increased equity.
- Other comprehensive income increased equity by 15,650,000.
- Other factors increased equity by 250,111,900.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs68.67 Million | +10.42% |
| Share Repurchases | Rs271.70 Million | -41.24% |
| Share Issuances | Rs277.38 Million | +42.1% |
| Other Comprehensive Income | Rs15.65 Million | +2.38% |
| Other Changes | Rs250.11 Million | +37.96% |
| Total Change | Rs- | 106.71% |
Book Value vs Market Value Analysis
This analysis compares Panache Digilife 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: 8.18x
- 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 decreased from 405.35x to 8.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-03-31 | Rs0.90 | Rs365.25 | x |
| 2013-03-31 | Rs1.19 | Rs365.25 | x |
| 2014-03-31 | Rs1.55 | Rs365.25 | x |
| 2015-03-31 | Rs2.37 | Rs365.25 | x |
| 2016-03-31 | Rs3.52 | Rs365.25 | x |
| 2017-03-31 | Rs7.61 | Rs365.25 | x |
| 2018-03-31 | Rs24.04 | Rs365.25 | x |
| 2019-03-31 | Rs26.88 | Rs365.25 | x |
| 2020-03-31 | Rs24.31 | Rs365.25 | x |
| 2021-03-31 | Rs24.51 | Rs365.25 | x |
| 2022-03-31 | Rs25.36 | Rs365.25 | x |
| 2023-03-31 | Rs26.20 | Rs365.25 | x |
| 2024-03-31 | Rs26.56 | Rs365.25 | x |
| 2025-03-31 | Rs44.64 | Rs365.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Panache Digilife 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): 10.42%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.91%
- • Asset Turnover: 1.02x
- • Equity Multiplier: 1.72x
- Recent ROE (10.42%) is below the historical average (14.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.17% | 0.01% | 2.06x | 10.31x | Rs-1.06 Million |
| 2013 | 24.13% | 1.46% | 1.43x | 11.55x | Rs2.01 Million |
| 2014 | 23.19% | 1.76% | 1.53x | 8.66x | Rs2.45 Million |
| 2015 | 34.83% | 2.51% | 1.61x | 8.62x | Rs7.07 Million |
| 2016 | 32.68% | 2.81% | 1.42x | 8.16x | Rs9.59 Million |
| 2017 | 48.42% | 5.62% | 1.24x | 6.96x | Rs35.11 Million |
| 2018 | 17.13% | 4.74% | 1.13x | 3.20x | Rs20.22 Million |
| 2019 | 11.52% | 3.99% | 0.87x | 3.31x | Rs4.90 Million |
| 2020 | -10.06% | -4.12% | 0.65x | 3.75x | Rs-58.52 Million |
| 2021 | 1.22% | 0.46% | 0.82x | 3.22x | Rs-25.82 Million |
| 2022 | 2.63% | 0.93% | 0.89x | 3.18x | Rs-22.44 Million |
| 2023 | 2.62% | 0.74% | 1.09x | 3.25x | Rs-23.20 Million |
| 2024 | 1.74% | 0.57% | 1.00x | 3.03x | Rs-26.34 Million |
| 2025 | 10.42% | 5.91% | 1.02x | 1.72x | Rs2.79 Million |
Industry Comparison
This section compares Panache Digilife Limited's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $2,533,998,893
- Average return on equity (ROE) among peers: -2.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Panache Digilife Limited (PANACHE) | Rs682.63 Million | 0.17% | 0.86x | $60.15 Million |
| Astra Microwave Products Limited (ASTRAMICRO) | $5.00 Billion | 1.95% | 0.23x | $1.16 Billion |
| Birla Cable Limited (BIRLACABLE) | $1.56 Billion | 0.65% | 0.80x | $50.51 Million |
| D-Link (India) Limited (DLINKINDIA) | $776.51 Million | 9.07% | 0.61x | $172.90 Million |
| ITI Limited (ITI) | $11.72 Billion | -15.53% | 4.98x | $3.11 Billion |
| Kavveri Telecom Products Limited (KAVVERITEL) | $786.23 Million | -44.85% | 7.04x | $24.00 Million |
| NELCO Limited (NELCO) | $351.75 Million | 8.99% | 5.09x | $173.67 Million |
| Paramount Communications Limited (PARACABLES) | $366.13 Million | 3.32% | 1.23x | $130.15 Million |
| Shyam Telecom Limited (SHYAMTEL) | $434.83 Million | 4.31% | 6.44x | $2.76 Million |
| Smartlink Holdings Limited (SMARTLINK) | $1.81 Billion | 12.59% | 0.44x | $14.24 Million |
About Panache Digilife Limited
Panache Digilife Limited designs, manufactures, distributes, sells, and services ICT and IoT devices in India. It provides smart compute devices, such as laptops, all in one PCs, mini and micro PCs, desktop PCs, thin clients, etc.; smart education solutions, including secure teaching and learning platform with virtualization support, interactive tools, tablet based products and charging solutions… Read more