Piramal Enterprises Limited
Piramal Enterprises Limited operates as a non-banking financial company in India. The company provides home, home construction, business, personal, secured business, used car, small business loans, and loan against property and mutual funds, as well as real estate developer financing and corporate and mid-market lending products. It also operates distressed asset investing platform that invests i… Read more
Piramal Enterprises Limited (PEL) - Net Assets
Latest net assets as of March 2025: ₹270.96 Billion INR
Based on the latest financial reports, Piramal Enterprises Limited (PEL) has net assets worth ₹270.96 Billion INR as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹949.43 Billion) and total liabilities (₹678.47 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 | ₹270.96 Billion |
| % of Total Assets | 28.54% |
| Annual Growth Rate | 21.43% |
| 5-Year Change | -22.89% |
| 10-Year Change | 117.54% |
| Growth Volatility | 131.24 |
Piramal Enterprises Limited - Net Assets Trend (2005–2025)
This chart illustrates how Piramal Enterprises 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 Piramal Enterprises Limited (2005–2025)
The table below shows the annual net assets of Piramal Enterprises Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹270.96 Billion | +2.03% |
| 2024-03-31 | ₹265.57 Billion | -14.50% |
| 2023-03-31 | ₹310.59 Billion | -15.68% |
| 2022-03-31 | ₹368.37 Billion | +4.83% |
| 2021-03-31 | ₹351.39 Billion | +14.94% |
| 2020-03-31 | ₹305.72 Billion | +12.14% |
| 2019-03-31 | ₹272.62 Billion | +3.04% |
| 2018-03-31 | ₹264.57 Billion | +77.62% |
| 2017-03-31 | ₹148.96 Billion | +19.59% |
| 2016-03-31 | ₹124.56 Billion | +5.87% |
| 2015-03-31 | ₹117.65 Billion | +26.22% |
| 2014-03-31 | ₹93.21 Billion | -13.20% |
| 2013-03-31 | ₹107.38 Billion | -4.57% |
| 2012-03-31 | ₹112.52 Billion | -5.14% |
| 2011-03-31 | ₹118.62 Billion | +604.02% |
| 2010-03-31 | ₹16.85 Billion | +27.21% |
| 2009-03-31 | ₹13.25 Billion | +20.69% |
| 2008-03-31 | ₹10.97 Billion | +0.99% |
| 2007-03-31 | ₹10.87 Billion | +6.81% |
| 2006-03-31 | ₹10.17 Billion | +82.51% |
| 2005-03-31 | ₹5.57 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Piramal Enterprises 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 3376.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹81.51 Billion | 30.08% |
| Common Stock | ₹450.80 Million | 0.17% |
| Other Comprehensive Income | ₹95.98 Billion | 35.42% |
| Other Components | ₹93.02 Billion | 34.33% |
| Total Equity | ₹270.96 Billion | 100.00% |
Piramal Enterprises Limited Competitors by Market Cap
The table below lists competitors of Piramal Enterprises Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhefu Holding Group Co Ltd
SHE:002266
|
$1.53 Billion |
|
Athabasca Oil Corp
PINK:ATHOF
|
$1.53 Billion |
|
Inner Mongolia Furui Med Sci
SHE:300049
|
$1.53 Billion |
|
Terravest Capital Inc
TO:TVK
|
$1.53 Billion |
|
K+S Aktiengesellschaft
F:SDF1
|
$1.53 Billion |
|
BSP Financial Group Ltd
AU:BFL
|
$1.53 Billion |
|
FinVolution Group
NYSE:FINV
|
$1.53 Billion |
|
Zhuzhou Kibing Group Co Ltd
SHG:601636
|
$1.53 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Piramal Enterprises Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 265,570,500,000 to 270,959,400,000, a change of 5,388,900,000 (2.0%).
- Net income of 4,854,500,000 contributed positively to equity growth.
- Dividend payments of 2,251,100,000 reduced retained earnings.
- Share repurchases of 1,500,000 reduced equity.
- New share issuances of 1,500,000 increased equity.
- Other comprehensive income increased equity by 2,314,200,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹4.85 Billion | +1.79% |
| Dividends Paid | ₹2.25 Billion | -0.83% |
| Share Repurchases | ₹1.50 Million | -0.0% |
| Share Issuances | ₹1.50 Million | +0.0% |
| Other Comprehensive Income | ₹2.31 Billion | +0.85% |
| Other Changes | ₹471.30 Million | +0.17% |
| Total Change | ₹- | 2.03% |
Book Value vs Market Value Analysis
This analysis compares Piramal Enterprises 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: 0.94x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 40.92x to 0.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹27.47 | ₹1124.20 | x |
| 2006-03-31 | ₹48.41 | ₹1124.20 | x |
| 2007-03-31 | ₹50.44 | ₹1124.20 | x |
| 2008-03-31 | ₹50.74 | ₹1124.20 | x |
| 2009-03-31 | ₹61.16 | ₹1124.20 | x |
| 2010-03-31 | ₹72.72 | ₹1124.20 | x |
| 2011-03-31 | ₹511.09 | ₹1124.20 | x |
| 2012-03-31 | ₹646.42 | ₹1124.20 | x |
| 2013-03-31 | ₹603.14 | ₹1124.20 | x |
| 2014-03-31 | ₹524.26 | ₹1124.20 | x |
| 2015-03-31 | ₹660.08 | ₹1124.20 | x |
| 2016-03-31 | ₹698.67 | ₹1124.20 | x |
| 2017-03-31 | ₹838.46 | ₹1124.20 | x |
| 2018-03-31 | ₹1419.86 | ₹1124.20 | x |
| 2019-03-31 | ₹1335.77 | ₹1124.20 | x |
| 2020-03-31 | ₹1444.34 | ₹1124.20 | x |
| 2021-03-31 | ₹1421.73 | ₹1124.20 | x |
| 2022-03-31 | ₹1483.75 | ₹1124.20 | x |
| 2023-03-31 | ₹1297.07 | ₹1124.20 | x |
| 2024-03-31 | ₹1148.71 | ₹1124.20 | x |
| 2025-03-31 | ₹1190.56 | ₹1124.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Piramal Enterprises 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): 1.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.44%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 3.50x
- Recent ROE (1.79%) is below the historical average (16.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 29.65% | 12.54% | 0.99x | 2.38x | ₹1.09 Billion |
| 2006 | 11.89% | 7.62% | 0.85x | 1.84x | ₹192.15 Million |
| 2007 | 21.01% | 9.43% | 1.04x | 2.13x | ₹1.20 Billion |
| 2008 | 30.55% | 11.72% | 1.13x | 2.30x | ₹2.25 Billion |
| 2009 | 24.01% | 9.75% | 0.90x | 2.74x | ₹1.85 Billion |
| 2010 | 28.60% | 13.30% | 0.94x | 2.29x | ₹3.13 Billion |
| 2011 | 108.66% | 770.04% | 0.12x | 1.17x | ₹116.98 Billion |
| 2012 | 0.99% | 5.28% | 0.14x | 1.31x | ₹-10.13 Billion |
| 2013 | -2.12% | -6.50% | 0.17x | 1.89x | ₹-13.00 Billion |
| 2014 | -5.38% | -11.21% | 0.21x | 2.31x | ₹-14.34 Billion |
| 2015 | 24.28% | 55.92% | 0.24x | 1.78x | ₹16.76 Billion |
| 2016 | 7.28% | 14.32% | 0.20x | 2.48x | ₹-3.37 Billion |
| 2017 | 8.41% | 14.84% | 0.17x | 3.24x | ₹-2.36 Billion |
| 2018 | 19.37% | 48.44% | 0.15x | 2.75x | ₹24.77 Billion |
| 2019 | 5.38% | 12.42% | 0.14x | 3.14x | ₹-12.58 Billion |
| 2020 | 0.08% | 0.19% | 0.17x | 2.45x | ₹-30.33 Billion |
| 2021 | 3.92% | 10.43% | 0.17x | 2.27x | ₹-20.69 Billion |
| 2022 | 5.42% | 25.16% | 0.08x | 2.81x | ₹-16.26 Billion |
| 2023 | 32.10% | 124.11% | 0.00x | 150.58x | ₹68.63 Billion |
| 2024 | -6.34% | -21.37% | 0.10x | 3.11x | ₹-43.39 Billion |
| 2025 | 1.79% | 5.44% | 0.09x | 3.50x | ₹-22.24 Billion |
Industry Comparison
This section compares Piramal Enterprises Limited's net assets metrics with peer companies in the Financial Conglomerates industry.
Industry Context
- Industry: Financial Conglomerates
- Average net assets among peers: $84,963,540,128
- Average return on equity (ROE) among peers: 20.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Piramal Enterprises Limited (PEL) | ₹270.96 Billion | 29.65% | 2.50x | $1.53 Billion |
| Aditya Birla Capital Limited (ABCAPITAL) | $152.27 Billion | 7.40% | 7.20x | $3.02 Billion |
| ANAND RATHI SH N STK BR L (ARSSBL) | $3.93 Billion | 19.68% | 5.58x | $99.86 Million |
| Bajaj Finserv Limited (BAJAJFINSV) | $508.61 Billion | 6.62% | 3.94x | $11.55 Billion |
| Centrum Capital Limited (CENTRUM) | $2.92 Billion | 6.76% | 0.40x | $36.54 Million |
| Crest Ventures Limited (CREST) | $2.04 Billion | 4.97% | 1.19x | $28.66 Million |
| DiGiSPICE Technologies Limited (DIGISPICE) | $1.34 Billion | 52.58% | 2.10x | $6.21 Million |
| Edelweiss Financial Services Limited (EDELWEISS) | $7.22 Billion | 15.22% | 0.75x | $693.26 Million |
| IL&FS Investment Managers Limited (IVC) | $1.37 Billion | 54.19% | 0.52x | $12.14 Million |