Piramal Enterprises Limited (PEL) - Net Assets

Latest as of March 2025: Rs270.96 Billion INR ≈ $2.93 Billion USD

Based on the latest financial reports, Piramal Enterprises Limited (PEL) has net assets worth Rs270.96 Billion INR (≈ $2.93 Billion USD) as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs949.43 Billion ≈ $10.27 Billion USD) and total liabilities (Rs678.47 Billion ≈ $7.34 Billion 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 Piramal Enterprises Limited liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs270.96 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. Also explore balance sheet size of Piramal Enterprises Limited for the complete picture of this company's asset base.

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. For live valuation and market cap data, see how much is Piramal Enterprises Limited worth.

Year	Net Assets	Change
2025-03-31	Rs270.96 Billion ≈ $2.93 Billion	+2.03%
2024-03-31	Rs265.57 Billion ≈ $2.87 Billion	-14.50%
2023-03-31	Rs310.59 Billion ≈ $3.36 Billion	-15.68%
2022-03-31	Rs368.37 Billion ≈ $3.98 Billion	+4.83%
2021-03-31	Rs351.39 Billion ≈ $3.80 Billion	+14.94%
2020-03-31	Rs305.72 Billion ≈ $3.31 Billion	+12.14%
2019-03-31	Rs272.62 Billion ≈ $2.95 Billion	+3.04%
2018-03-31	Rs264.57 Billion ≈ $2.86 Billion	+77.62%
2017-03-31	Rs148.96 Billion ≈ $1.61 Billion	+19.59%
2016-03-31	Rs124.56 Billion ≈ $1.35 Billion	+5.87%
2015-03-31	Rs117.65 Billion ≈ $1.27 Billion	+26.22%
2014-03-31	Rs93.21 Billion ≈ $1.01 Billion	-13.20%
2013-03-31	Rs107.38 Billion ≈ $1.16 Billion	-4.57%
2012-03-31	Rs112.52 Billion ≈ $1.22 Billion	-5.14%
2011-03-31	Rs118.62 Billion ≈ $1.28 Billion	+604.02%
2010-03-31	Rs16.85 Billion ≈ $182.21 Million	+27.21%
2009-03-31	Rs13.25 Billion ≈ $143.24 Million	+20.69%
2008-03-31	Rs10.97 Billion ≈ $118.69 Million	+0.99%
2007-03-31	Rs10.87 Billion ≈ $117.52 Million	+6.81%
2006-03-31	Rs10.17 Billion ≈ $110.02 Million	+82.51%
2005-03-31	Rs5.57 Billion ≈ $60.28 Million	--

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	Rs81.51 Billion	30.08%
Common Stock	Rs450.80 Million	0.17%
Other Comprehensive Income	Rs95.98 Billion	35.42%
Other Components	Rs93.02 Billion	34.33%
Total Equity	Rs270.96 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
Yipinhong Pharmaceutical Co Ltd Class A SHE:300723	$2.74 Billion
Tianma Microelectronics Co Ltd SHE:000050	$2.74 Billion
Zhuzhou Kibing Group Co Ltd SHG:601636	$2.74 Billion
Jiangsu Lopal Tech Co Ltd SHG:603906	$2.74 Billion
Zibo Qixiang Tengda Chemical Co Ltd SHE:002408	$2.74 Billion
Exxaro Resources Ltd JSE:EXX	$2.74 Billion
Boralex Inc TO:BLX	$2.74 Billion
Gerdau S.A SA:GGBR3	$2.74 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	Rs4.85 Billion	+1.79%
Dividends Paid	Rs2.25 Billion	-0.83%
Share Repurchases	Rs1.50 Million	-0.0%
Share Issuances	Rs1.50 Million	+0.0%
Other Comprehensive Income	Rs2.31 Billion	+0.85%
Other Changes	Rs471.30 Million	+0.17%
Total Change	Rs-	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	Rs27.47	Rs1124.20	x
2006-03-31	Rs48.41	Rs1124.20	x
2007-03-31	Rs50.44	Rs1124.20	x
2008-03-31	Rs50.74	Rs1124.20	x
2009-03-31	Rs61.16	Rs1124.20	x
2010-03-31	Rs72.72	Rs1124.20	x
2011-03-31	Rs511.09	Rs1124.20	x
2012-03-31	Rs646.42	Rs1124.20	x
2013-03-31	Rs603.14	Rs1124.20	x
2014-03-31	Rs524.26	Rs1124.20	x
2015-03-31	Rs660.08	Rs1124.20	x
2016-03-31	Rs698.67	Rs1124.20	x
2017-03-31	Rs838.46	Rs1124.20	x
2018-03-31	Rs1419.86	Rs1124.20	x
2019-03-31	Rs1335.77	Rs1124.20	x
2020-03-31	Rs1444.34	Rs1124.20	x
2021-03-31	Rs1421.73	Rs1124.20	x
2022-03-31	Rs1483.75	Rs1124.20	x
2023-03-31	Rs1297.07	Rs1124.20	x
2024-03-31	Rs1148.71	Rs1124.20	x
2025-03-31	Rs1190.56	Rs1124.20	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	Rs1.09 Billion
2006	11.89%	7.62%	0.85x	1.84x	Rs192.15 Million
2007	21.01%	9.43%	1.04x	2.13x	Rs1.20 Billion
2008	30.55%	11.72%	1.13x	2.30x	Rs2.25 Billion
2009	24.01%	9.75%	0.90x	2.74x	Rs1.85 Billion
2010	28.60%	13.30%	0.94x	2.29x	Rs3.13 Billion
2011	108.66%	770.04%	0.12x	1.17x	Rs116.98 Billion
2012	0.99%	5.28%	0.14x	1.31x	Rs-10.13 Billion
2013	-2.12%	-6.50%	0.17x	1.89x	Rs-13.00 Billion
2014	-5.38%	-11.21%	0.21x	2.31x	Rs-14.34 Billion
2015	24.28%	55.92%	0.24x	1.78x	Rs16.76 Billion
2016	7.28%	14.32%	0.20x	2.48x	Rs-3.37 Billion
2017	8.41%	14.84%	0.17x	3.24x	Rs-2.36 Billion
2018	19.37%	48.44%	0.15x	2.75x	Rs24.77 Billion
2019	5.38%	12.42%	0.14x	3.14x	Rs-12.58 Billion
2020	0.08%	0.19%	0.17x	2.45x	Rs-30.33 Billion
2021	3.92%	10.43%	0.17x	2.27x	Rs-20.69 Billion
2022	5.42%	25.16%	0.08x	2.81x	Rs-16.26 Billion
2023	32.10%	124.11%	0.00x	150.58x	Rs68.63 Billion
2024	-6.34%	-21.37%	0.10x	3.11x	Rs-43.39 Billion
2025	1.79%	5.44%	0.09x	3.50x	Rs-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: $21,168,528,272
Average return on equity (ROE) among peers: 11.70%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Piramal Enterprises Limited (PEL)	Rs270.96 Billion	29.65%	2.50x	$2.74 Billion
Aditya Birla Capital Limited (ABCAPITAL)	$52.25 Billion	7.28%	4.75x	$9.79 Billion
Bajaj Finserv Limited (BAJAJFINSV)	$35.29 Billion	15.84%	10.18x	$30.19 Billion
Crest Ventures Limited (CREST)	$11.35 Billion	5.30%	0.21x	$111.87 Million
DiGiSPICE Technologies Limited (DIGISPICE)	$2.71 Billion	-13.19%	1.02x	$46.97 Million
Edelweiss Financial Services Limited (EDELWEISS)	$24.71 Billion	9.91%	1.39x	$1.17 Billion
IL&FS Investment Managers Limited (IVC)	$709.30 Million	45.03%	0.93x	$27.17 Million

About Piramal Enterprises Limited

NSE:PEL India Financial Conglomerates

Market Cap

$2.74 Billion

Rs253.21 Billion INR

Market Cap Rank

#5211 Global

#229 in India

Share Price

Rs1124.20

Change (1 day)

+0.00%

52-Week Range

Rs962.80 - Rs1339.30

All Time High

Rs1563.05