PDS Limited Net Assets

Latest as of March 2026: Rs18.59 Billion INR ≈ $201.04 Million USD

PDS Limited net assets. Based on the latest financial reports, PDS Limited (PDSL) has net assets worth Rs18.59 Billion INR (≈ $201.04 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 (Rs52.66 Billion ≈ $569.46 Million USD) and total liabilities (Rs34.07 Billion ≈ $368.42 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. Also explore PDS Limited annual equity growth to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs18.59 Billion
% of Total Assets	35.3%
Annual Growth Rate	105.49%
5-Year Change	98.61%
10-Year Change	244.34%
Growth Volatility	73441.26

Net Assets of PDS Limited (2013–2026)

Net assets of PDS Limited from 2013 to 2026. This chart illustrates how PDS Limited's net assets have evolved over time, based on quarterly financial data. See PDS Limited balance sheet independence to measure how much of total assets are equity-financed.

Annual Net Assets for PDS Limited (2013–2026)

The table below shows the annual net assets of PDS Limited from 2013 to 2026. For live market cap and overall valuation, see PDSL market cap.

Year	Net Assets	Change
2026-03-31	Rs18.59 Billion ≈ $201.04 Million	+8.32%
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 840041.2% over the analyzed period, indicating profitable operations and earnings retention.

PDS Limited Net Assets Breakdown (March 2026)

PDS Limited net assets breakdown by equity component as of March 2026.

Component	Amount	Percentage
Retained Earnings	Rs8.40 Billion	47.60%
Common Stock	Rs282.44 Million	1.60%
Other Components	Rs8.96 Billion	50.80%
Total Equity	Rs17.64 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
Grenke AG XETRA:GLJ	$529.91 Million
Hainan Haiqi Transportation Group Co Ltd SHG:603069	$529.92 Million
Ca Toulouse 31 CCI PA:CAT31	$530.06 Million
Nanjing Well Pharmaceutical Co Ltd SHG:603351	$530.16 Million
Ependion AB ST:EPEN	$529.71 Million
Jiangsu Lianhuan Pharmaceutical Co Ltd SHG:600513	$529.66 Million
Universal Health Realty Income Trust NYSE:UHT	$529.54 Million
Foshan Nationstar Optoelectronics Co Ltd SHE:002449	$529.44 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 2025 to 2026, total equity changed from 16,504,631,000 to 17,635,954,000, a change of 1,131,323,000 (6.9%).
Net income of 1,116,917,000 contributed positively to equity growth.
Dividend payments of 470,677,000 reduced retained earnings.
New share issuances of 28,368,000 increased equity.
Other comprehensive income decreased equity by 3,408,603,000.
Other factors increased equity by 3,865,318,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs1.12 Billion	+6.33%
Dividends Paid	Rs470.68 Million	-2.67%
Share Issuances	Rs28.37 Million	+0.16%
Other Comprehensive Income	Rs-3.41 Billion	-19.33%
Other Changes	Rs3.87 Billion	+21.92%
Total Change	Rs-	6.85%

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: 2.79x
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 57.85x to 2.79x 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	Rs346.90	x
2014-03-31	Rs30.64	Rs346.90	x
2015-03-31	Rs41.85	Rs346.90	x
2016-03-31	Rs36.94	Rs346.90	x
2017-03-31	Rs35.55	Rs346.90	x
2018-03-31	Rs35.68	Rs346.90	x
2019-03-31	Rs40.52	Rs346.90	x
2020-03-31	Rs42.90	Rs346.90	x
2021-03-31	Rs49.67	Rs346.90	x
2022-03-31	Rs66.22	Rs346.90	x
2023-03-31	Rs79.25	Rs346.90	x
2024-03-31	Rs87.13	Rs346.90	x
2025-03-31	Rs118.66	Rs346.90	x
2026-03-31	Rs124.27	Rs346.90	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): 6.33%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.85%
• Asset Turnover: 2.49x
• Equity Multiplier: 2.99x
Recent ROE (6.33%) is below the historical average (14.64%), 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
2026	6.33%	0.85%	2.49x	2.99x	Rs-646.68 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: $5,226,527,973
Average return on equity (ROE) among peers: 17.80%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
PDS Limited (PDSL)	Rs18.59 Billion	75.10%	1.83x	$529.87 Million
Alldigi Tech Limited (ALLDIGI)	$2.09 Billion	17.02%	0.40x	$136.81 Million
Apollo Sindoori Hotels Limited (APOLSINHOT)	$675.21 Million	30.45%	0.51x	$32.40 Million
BLS International Services Limited (BLS)	$1.19 Billion	25.99%	0.15x	$959.96 Million
BLS E-Services Limited (BLSE)	$96.79 Million	32.53%	3.19x	$288.82 Million
CMS Info Systems Limited (CMSINFO)	$12.56 Billion	17.84%	0.48x	$377.91 Million
DJ Mediaprint & Logistics Limited (DJML)	$690.86 Million	9.73%	0.65x	$23.47 Million
GKW Limited (GKWLIMITED)	$22.07 Billion	0.40%	0.27x	$105.64 Million
Hinduja Global Solutions Limited (HGS)	$10.74 Billion	15.36%	0.93x	$171.10 Million
Kapston Services Limited (KAPSTON)	$509.01 Million	12.61%	1.43x	$166.09 Million
Krystal Integrated Services Ltd (KRYSTAL)	$1.64 Billion	16.04%	1.47x	$85.26 Million

About PDS Limited

NSE:PDSL India Specialty Business Services

Market Cap

$529.87 Million

Rs49.00 Billion INR

Market Cap Rank

#11559 Global

#578 in India

Share Price

Rs346.90

Change (1 day)

-0.80%

52-Week Range

Rs253.85 - Rs407.40

All Time High

Rs647.15