PDS Limited
PDS Limited, together its subsidiaries, designs, develops, sources, manufactures, markets, and distributes various readymade garments and other consumer products worldwide. The company operates through Sourcing, Manufacturing, and Others segments. It offers various apparel solutions for women, men, essentials, children, and babies. The company also provides licensed apparel products; footwear; ac… Read more
PDS Limited (PDSL) - Net Assets
Latest net assets as of September 2025: ₹17.46 Billion INR
Based on the latest financial reports, PDS Limited (PDSL) has net assets worth ₹17.46 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 (₹49.06 Billion) and total liabilities (₹31.60 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 | ₹17.46 Billion |
| % of Total Assets | 35.59% |
| Annual Growth Rate | 116.74% |
| 5-Year Change | 139.85% |
| 10-Year Change | 214.9% |
| Growth Volatility | 76174.08 |
PDS Limited - Net Assets Trend (2013–2025)
This chart illustrates how PDS 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 PDS Limited (2013–2025)
The table below shows the annual net assets of PDS Limited from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹17.16 Billion | +37.78% |
| 2024-03-31 | ₹12.46 Billion | +11.96% |
| 2023-03-31 | ₹11.13 Billion | +18.87% |
| 2022-03-31 | ₹9.36 Billion | +30.81% |
| 2021-03-31 | ₹7.16 Billion | +17.08% |
| 2020-03-31 | ₹6.11 Billion | +7.52% |
| 2019-03-31 | ₹5.68 Billion | +4.51% |
| 2018-03-31 | ₹5.44 Billion | +0.74% |
| 2017-03-31 | ₹5.40 Billion | -0.95% |
| 2016-03-31 | ₹5.45 Billion | +9.44% |
| 2015-03-31 | ₹4.98 Billion | +13.12% |
| 2014-03-31 | ₹4.40 Billion | +275621.92% |
| 2013-03-31 | ₹1.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to PDS 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 811398.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹8.11 Billion | 49.13% |
| Common Stock | ₹282.19 Million | 1.71% |
| Other Comprehensive Income | ₹3.41 Billion | 20.65% |
| Other Components | ₹4.70 Billion | 28.51% |
| Total Equity | ₹16.50 Billion | 100.00% |
PDS Limited Competitors by Market Cap
The table below lists competitors of PDS Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Optimax Technology Corp
TW:3051
|
$85.75 Million |
|
ENB Financial Corp
OTCQX:ENBP
|
$85.76 Million |
|
EXCO TECHS LTD
F:3XT
|
$85.78 Million |
|
Athens Medical C.S.A.
AT:IATR
|
$85.78 Million |
|
Fleetwood Ltd
AU:FWD
|
$85.72 Million |
|
Bellevue Group AG
SW:BBN
|
$85.72 Million |
|
Veedol Corporation Limited
NSE:VEEDOL
|
$85.70 Million |
|
Kamada
NASDAQ:KMDA
|
$85.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PDS Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,664,976,000 to 16,504,631,000, a change of 4,839,655,000 (41.5%).
- Net income of 1,568,931,000 contributed positively to equity growth.
- Dividend payments of 646,308,000 reduced retained earnings.
- Share repurchases of 28,938,000 reduced equity.
- New share issuances of 4,305,455,000 increased equity.
- Other comprehensive income decreased equity by 514,833,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹1.57 Billion | +9.51% |
| Dividends Paid | ₹646.31 Million | -3.92% |
| Share Repurchases | ₹28.94 Million | -0.18% |
| Share Issuances | ₹4.31 Billion | +26.09% |
| Other Comprehensive Income | ₹-514.83 Million | -3.12% |
| Other Changes | ₹155.35 Million | +0.94% |
| Total Change | ₹- | 41.49% |
Book Value vs Market Value Analysis
This analysis compares PDS 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: 2.34x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 46.40x to 2.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | ₹6.00 | ₹278.25 | x |
| 2014-03-31 | ₹30.64 | ₹278.25 | x |
| 2015-03-31 | ₹41.85 | ₹278.25 | x |
| 2016-03-31 | ₹36.94 | ₹278.25 | x |
| 2017-03-31 | ₹35.55 | ₹278.25 | x |
| 2018-03-31 | ₹35.68 | ₹278.25 | x |
| 2019-03-31 | ₹40.52 | ₹278.25 | x |
| 2020-03-31 | ₹42.90 | ₹278.25 | x |
| 2021-03-31 | ₹49.67 | ₹278.25 | x |
| 2022-03-31 | ₹66.22 | ₹278.25 | x |
| 2023-03-31 | ₹79.25 | ₹278.25 | x |
| 2024-03-31 | ₹87.13 | ₹278.25 | x |
| 2025-03-31 | ₹118.66 | ₹278.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PDS 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): 9.51%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.25%
- • Asset Turnover: 2.65x
- • Equity Multiplier: 2.87x
- Recent ROE (9.51%) is below the historical average (15.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 75.10% | 6.12% | 1.43x | 8.57x | ₹976.06K |
| 2014 | 4.60% | 0.50% | 2.89x | 3.19x | ₹-215.42 Million |
| 2015 | 4.88% | 0.56% | 2.78x | 3.11x | ₹-228.74 Million |
| 2016 | 5.80% | 0.65% | 2.96x | 3.00x | ₹-202.03 Million |
| 2017 | 3.09% | 0.31% | 3.21x | 3.10x | ₹-319.94 Million |
| 2018 | -1.69% | -0.16% | 2.97x | 3.57x | ₹-543.04 Million |
| 2019 | 10.01% | 0.81% | 2.91x | 4.22x | ₹735.20K |
| 2020 | 8.24% | 0.69% | 2.79x | 4.26x | ₹-98.49 Million |
| 2021 | 13.03% | 1.36% | 2.65x | 3.63x | ₹196.29 Million |
| 2022 | 28.47% | 2.81% | 2.60x | 3.90x | ₹1.61 Billion |
| 2023 | 25.15% | 2.51% | 3.40x | 2.95x | ₹1.60 Billion |
| 2024 | 12.36% | 1.39% | 2.55x | 3.48x | ₹275.81 Million |
| 2025 | 9.51% | 1.25% | 2.65x | 2.87x | ₹-81.53 Million |
Industry Comparison
This section compares PDS Limited's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $10,421,942,644
- Average return on equity (ROE) among peers: 17.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PDS Limited (PDSL) | ₹17.46 Billion | 75.10% | 1.81x | $85.72 Million |
| Alldigi Tech Limited (ALLDIGI) | $2.30 Billion | 21.27% | 0.45x | $25.87 Million |
| Apollo Sindoori Hotels Limited (APOLSINHOT) | $218.35 Million | 4.44% | 1.45x | $9.58 Million |
| BLS International Services Limited (BLS) | $1.65 Billion | 30.41% | 0.80x | $324.59 Million |
| BLS E-Services Limited (BLSE) | $1.11 Billion | 16.94% | 0.61x | $35.36 Million |
| CMS Info Systems Limited (CMSINFO) | $8.50 Billion | 15.84% | 0.57x | $509.57 Million |
| DJ Mediaprint & Logistics Limited (DJML) | $20.52 Million | 31.58% | 4.28x | $9.78 Million |
| GKW Limited (GKWLIMITED) | $867.91 Million | 14.13% | 0.15x | $108.56 Million |
| Hinduja Global Solutions Limited (HGS) | $87.02 Billion | 3.82% | 0.31x | $43.83 Million |
| Kapston Services Limited (KAPSTON) | $888.78 Million | 20.07% | 2.36x | $13.24 Million |
| Krystal Integrated Services Ltd (KRYSTAL) | $1.64 Billion | 16.04% | 1.47x | $24.93 Million |