PDS Limited (PDSL) - Net Assets

Latest as of September 2025: Rs17.46 Billion INR ≈ $188.83 Million USD

Based on the latest financial reports, PDS Limited (PDSL) has net assets worth Rs17.46 Billion INR (≈ $188.83 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 (Rs49.06 Billion ≈ $530.55 Million USD) and total liabilities (Rs31.60 Billion ≈ $341.72 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 PDS Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs17.46 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. Also explore PDS Limited asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for PDS Limited (2013–2025)

The table below shows the annual net assets of PDS Limited from 2013 to 2025. For live valuation and market cap data, see PDSL market cap.

Year	Net Assets	Change
2025-03-31	Rs17.16 Billion ≈ $185.61 Million	+37.78%
2024-03-31	Rs12.46 Billion ≈ $134.71 Million	+11.96%
2023-03-31	Rs11.13 Billion ≈ $120.32 Million	+18.87%
2022-03-31	Rs9.36 Billion ≈ $101.23 Million	+30.81%
2021-03-31	Rs7.16 Billion ≈ $77.38 Million	+17.08%
2020-03-31	Rs6.11 Billion ≈ $66.09 Million	+7.52%
2019-03-31	Rs5.68 Billion ≈ $61.47 Million	+4.51%
2018-03-31	Rs5.44 Billion ≈ $58.81 Million	+0.74%
2017-03-31	Rs5.40 Billion ≈ $58.38 Million	-0.95%
2016-03-31	Rs5.45 Billion ≈ $58.94 Million	+9.44%
2015-03-31	Rs4.98 Billion ≈ $53.86 Million	+13.12%
2014-03-31	Rs4.40 Billion ≈ $47.61 Million	+275621.92%
2013-03-31	Rs1.60 Million ≈ $17.27K	--

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	Rs8.11 Billion	49.13%
Common Stock	Rs282.19 Million	1.71%
Other Comprehensive Income	Rs3.41 Billion	20.65%
Other Components	Rs4.70 Billion	28.51%
Total Equity	Rs16.50 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
Morguard North American Residential Real Estate Investment Trust TO:MRG-UN	$424.29 Million
PRA Group Inc NASDAQ:PRAA	$424.34 Million
E1 Corporation KO:017940	$424.34 Million
Chongqing Machinery & Electric Co. Ltd F:CE3	$424.46 Million
PTG Energy PCL BK:PTG	$424.23 Million
Beijing Capital International Airport Company Limited F:BJ1	$424.05 Million
Flinders Resources Limited V:FDR	$423.98 Million
Wuhan Sante Cableway Group Co Ltd SHE:002159	$423.94 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	Rs1.57 Billion	+9.51%
Dividends Paid	Rs646.31 Million	-3.92%
Share Repurchases	Rs28.94 Million	-0.18%
Share Issuances	Rs4.31 Billion	+26.09%
Other Comprehensive Income	Rs-514.83 Million	-3.12%
Other Changes	Rs155.35 Million	+0.94%
Total Change	Rs-	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 46.32x 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	Rs6.00	Rs277.80	x
2014-03-31	Rs30.64	Rs277.80	x
2015-03-31	Rs41.85	Rs277.80	x
2016-03-31	Rs36.94	Rs277.80	x
2017-03-31	Rs35.55	Rs277.80	x
2018-03-31	Rs35.68	Rs277.80	x
2019-03-31	Rs40.52	Rs277.80	x
2020-03-31	Rs42.90	Rs277.80	x
2021-03-31	Rs49.67	Rs277.80	x
2022-03-31	Rs66.22	Rs277.80	x
2023-03-31	Rs79.25	Rs277.80	x
2024-03-31	Rs87.13	Rs277.80	x
2025-03-31	Rs118.66	Rs277.80	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	Rs976.06K
2014	4.60%	0.50%	2.89x	3.19x	Rs-215.42 Million
2015	4.88%	0.56%	2.78x	3.11x	Rs-228.74 Million
2016	5.80%	0.65%	2.96x	3.00x	Rs-202.03 Million
2017	3.09%	0.31%	3.21x	3.10x	Rs-319.94 Million
2018	-1.69%	-0.16%	2.97x	3.57x	Rs-543.04 Million
2019	10.01%	0.81%	2.91x	4.22x	Rs735.20K
2020	8.24%	0.69%	2.79x	4.26x	Rs-98.49 Million
2021	13.03%	1.36%	2.65x	3.63x	Rs196.29 Million
2022	28.47%	2.81%	2.60x	3.90x	Rs1.61 Billion
2023	25.15%	2.51%	3.40x	2.95x	Rs1.60 Billion
2024	12.36%	1.39%	2.55x	3.48x	Rs275.81 Million
2025	9.51%	1.25%	2.65x	2.87x	Rs-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: $5,897,638,683
Average return on equity (ROE) among peers: 17.94%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
PDS Limited (PDSL)	Rs17.46 Billion	75.10%	1.81x	$424.26 Million
Alldigi Tech Limited (ALLDIGI)	$2.45 Billion	26.07%	0.50x	$137.26 Million
Apollo Sindoori Hotels Limited (APOLSINHOT)	$1.02 Billion	14.46%	0.62x	$32.60 Million
BLS International Services Limited (BLS)	$579.76 Million	35.29%	0.15x	$1.24 Billion
BLS E-Services Limited (BLSE)	$4.38 Billion	7.17%	0.16x	$193.70 Million
CMS Info Systems Limited (CMSINFO)	$9.84 Billion	17.12%	0.64x	$516.45 Million
DJ Mediaprint & Logistics Limited (DJML)	$41.91 Million	26.04%	2.82x	$34.33 Million
GKW Limited (GKWLIMITED)	$23.57 Billion	0.59%	0.25x	$106.54 Million
Hinduja Global Solutions Limited (HGS)	$15.19 Billion	13.21%	0.73x	$205.87 Million
Kapston Services Limited (KAPSTON)	$261.88 Million	22.97%	1.41x	$113.07 Million
Krystal Integrated Services Ltd (KRYSTAL)	$1.63 Billion	16.46%	1.10x	$91.60 Million

About PDS Limited

NSE:PDSL India Specialty Business Services

Market Cap

$424.26 Million

Rs39.23 Billion INR

Market Cap Rank

#13393 Global

#633 in India

Share Price

Rs277.80

Change (1 day)

+0.13%

52-Week Range

Rs253.85 - Rs443.40

All Time High

Rs647.15