Pilani Investment and Industries Corporation Limited (PILANIINVS) - Net Assets
Based on the latest financial reports, Pilani Investment and Industries Corporation Limited (PILANIINVS) has net assets worth Rs169.92 Billion INR (≈ $1.84 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs207.80 Billion ≈ $2.25 Billion USD) and total liabilities (Rs37.87 Billion ≈ $409.60 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 tangible equity quality of Pilani Investment and Industries Corpora to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs169.92 Billion |
| % of Total Assets | 81.77% |
| Annual Growth Rate | -19.62% |
| 5-Year Change | 62.25% |
| 10-Year Change | 1254.59% |
| Growth Volatility | 90.44 |
Pilani Investment and Industries Corporation Limited - Net Assets Trend (2007–2025)
This chart illustrates how Pilani Investment and Industries Corporation Limited's net assets have evolved over time, based on quarterly financial data. See PILANIINVS defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Pilani Investment and Industries Corporation Limited (2007–2025)
The table below shows the annual net assets of Pilani Investment and Industries Corporation Limited from 2007 to 2025. For live valuation and market cap data, see PILANIINVS market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs159.80 Billion ≈ $1.73 Billion |
+9.40% |
| 2024-03-31 | Rs146.07 Billion ≈ $1.58 Billion |
+30.78% |
| 2023-03-31 | Rs111.69 Billion ≈ $1.21 Billion |
+0.61% |
| 2022-03-31 | Rs111.02 Billion ≈ $1.20 Billion |
+12.72% |
| 2021-03-31 | Rs98.49 Billion ≈ $1.07 Billion |
+92.70% |
| 2020-03-31 | Rs51.11 Billion ≈ $552.73 Million |
+0.06% |
| 2019-03-31 | Rs51.08 Billion ≈ $552.41 Million |
-13.17% |
| 2018-03-31 | Rs58.83 Billion ≈ $636.21 Million |
+370.87% |
| 2017-03-31 | Rs12.49 Billion ≈ $135.12 Million |
+5.91% |
| 2016-03-31 | Rs11.80 Billion ≈ $127.58 Million |
-1.49% |
| 2015-03-31 | Rs11.98 Billion ≈ $129.51 Million |
-4.93% |
| 2014-03-31 | Rs12.60 Billion ≈ $136.23 Million |
-6.46% |
| 2013-03-31 | Rs13.47 Billion ≈ $145.64 Million |
+8.14% |
| 2012-03-31 | Rs12.45 Billion ≈ $134.67 Million |
+0.49% |
| 2011-03-31 | Rs12.39 Billion ≈ $134.02 Million |
-99.89% |
| 2010-03-31 | Rs11.55 Trillion ≈ $124.91 Billion |
+12.75% |
| 2009-03-31 | Rs10.24 Trillion ≈ $110.79 Billion |
+10.00% |
| 2008-03-31 | Rs9.31 Trillion ≈ $100.72 Billion |
+14.37% |
| 2007-03-31 | Rs8.14 Trillion ≈ $88.06 Billion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Pilani Investment and Industries Corporation 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 2411690700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs24.12 Billion | 15.09% |
| Common Stock | Rs110.72 Million | 0.07% |
| Other Components | Rs135.57 Billion | 84.84% |
| Total Equity | Rs159.80 Billion | 100.00% |
Pilani Investment and Industries Corporation Limited Competitors by Market Cap
The table below lists competitors of Pilani Investment and Industries Corporation Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong Astro-century Education&Technology Co Ltd
SHE:300654
|
$530.93 Million |
|
Bestore Co Ltd
SHG:603719
|
$531.04 Million |
|
init innovation in traffic systems SE
F:IXX
|
$531.32 Million |
|
Hunan Huasheng Co Ltd
SHG:600156
|
$531.93 Million |
|
Merlin, Inc.
NASDAQ:MRLN
|
$530.86 Million |
|
Caregen Co.Ltd
KQ:214370
|
$530.74 Million |
|
Betterware de México, S.A.P.I. de C.V.
NASDAQ:BWMX
|
$530.64 Million |
|
Zhangjiagang Freetrade Science and Technology Co Ltd
SHG:600794
|
$530.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pilani Investment and Industries Corporation Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 146,072,431,000 to 159,800,867,000, a change of 13,728,436,000 (9.4%).
- Net income of 984,828,000 contributed positively to equity growth.
- Dividend payments of 166,084,000 reduced retained earnings.
- Other comprehensive income decreased equity by 122,653,297,000.
- Other factors increased equity by 135,562,989,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs984.83 Million | +0.62% |
| Dividends Paid | Rs166.08 Million | -0.1% |
| Other Comprehensive Income | Rs-122.65 Billion | -76.75% |
| Other Changes | Rs135.56 Billion | +84.83% |
| Total Change | Rs- | 9.40% |
Book Value vs Market Value Analysis
This analysis compares Pilani Investment and Industries Corporation 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: 0.31x
- 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 increased from 0.01x to 0.31x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-03-31 | Rs735424.26 | Rs4433.60 | x |
| 2008-03-31 | Rs841109.83 | Rs4433.60 | x |
| 2009-03-31 | Rs925262.24 | Rs4433.60 | x |
| 2010-03-31 | Rs1043187.39 | Rs4433.60 | x |
| 2011-03-31 | Rs1119.22 | Rs4433.60 | x |
| 2012-03-31 | Rs1124.70 | Rs4433.60 | x |
| 2013-03-31 | Rs1216.25 | Rs4433.60 | x |
| 2014-03-31 | Rs1137.71 | Rs4433.60 | x |
| 2015-03-31 | Rs1081.60 | Rs4433.60 | x |
| 2016-03-31 | Rs1065.46 | Rs4433.60 | x |
| 2017-03-31 | Rs1100.59 | Rs4433.60 | x |
| 2018-03-31 | Rs5313.20 | Rs4433.60 | x |
| 2019-03-31 | Rs4613.32 | Rs4433.60 | x |
| 2020-03-31 | Rs4615.99 | Rs4433.60 | x |
| 2021-03-31 | Rs8895.23 | Rs4433.60 | x |
| 2022-03-31 | Rs10027.11 | Rs4433.60 | x |
| 2023-03-31 | Rs10087.81 | Rs4433.60 | x |
| 2024-03-31 | Rs13192.87 | Rs4433.60 | x |
| 2025-03-31 | Rs14430.51 | Rs4433.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pilani Investment and Industries Corporation 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): 0.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.80%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.21x
- Recent ROE (0.62%) is below the historical average (3.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 0.02% | 5303.37% | 0.00x | 1.02x | Rs-812.82 Billion |
| 2008 | 0.01% | 22706.33% | 0.00x | 1.04x | Rs-929.94 Billion |
| 2009 | 0.01% | 250.09% | 0.00x | 1.02x | Rs-1.02 Trillion |
| 2010 | 0.01% | 342.58% | 0.00x | 1.02x | Rs-1.15 Trillion |
| 2011 | 8.82% | 374644.72% | 0.00x | 1.02x | Rs-145.71 Million |
| 2012 | 2.58% | 116.13% | 0.02x | 1.02x | Rs-924.25 Million |
| 2013 | 9.47% | 71.71% | 0.13x | 1.02x | Rs-70.97 Million |
| 2014 | -4.86% | -140.78% | 0.03x | 1.02x | Rs-1.87 Billion |
| 2015 | -2.92% | -115.56% | 0.02x | 1.02x | Rs-1.55 Billion |
| 2016 | 0.83% | 34.27% | 0.02x | 1.03x | Rs-1.08 Billion |
| 2017 | 3.51% | 131.70% | 0.03x | 1.03x | Rs-791.29 Million |
| 2018 | 2.28% | 578.02% | 0.00x | 1.00x | Rs-4.54 Billion |
| 2019 | 39.49% | 8089.88% | 0.00x | 1.05x | Rs15.06 Billion |
| 2020 | 3.42% | 139.26% | 0.02x | 1.10x | Rs-3.36 Billion |
| 2021 | 0.98% | 48.69% | 0.02x | 1.12x | Rs-8.88 Billion |
| 2022 | 1.81% | 78.24% | 0.02x | 1.14x | Rs-9.09 Billion |
| 2023 | 2.20% | 88.36% | 0.02x | 1.11x | Rs-8.71 Billion |
| 2024 | 1.14% | 58.51% | 0.02x | 1.13x | Rs-12.94 Billion |
| 2025 | 0.62% | 32.80% | 0.02x | 1.21x | Rs-15.00 Billion |
Industry Comparison
This section compares Pilani Investment and Industries Corporation Limited's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $66,416,391,783
- Average return on equity (ROE) among peers: 7.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pilani Investment and Industries Corporation Limited (PILANIINVS) | Rs169.92 Billion | 0.02% | 0.22x | $530.89 Million |
| 360 ONE WAM LIMITED (360ONE) | $15.20 Billion | 20.63% | 4.00x | $5.01 Billion |
| Aditya Birla Sun Life AMC Limited (ABSLAMC) | $25.17 Billion | 23.69% | 0.11x | $3.69 Billion |
| Anand Rathi Wealth Limited (ANANDRATHI) | $4.80 Billion | 35.08% | 0.30x | $1.72 Billion |
| Bajaj Holdings & Investment Limited (BAJAJHLDNG) | $515.63 Billion | 9.41% | 0.03x | $13.11 Billion |
| BF Investment Limited (BFINVEST) | $6.64 Billion | 3.00% | 0.00x | $187.73 Million |
| GACM Technologies Limited (GATECH) | $12.72 Million | -36.28% | 1.56x | $6.08 Million |
| GACM Technologies Limited (GATECHDVR) | $-66.94 Million | 0.00% | 0.00x | $943.54K |
| GFL Limited (GFLLIMITED) | $25.21 Billion | -3.00% | 0.07x | $56.45 Million |
| HDFC Asset Management Company Limited (HDFCAMC) | $70.75 Billion | 27.46% | 0.07x | $12.46 Billion |
| Jindal Photo Limited (JINDALPHOT) | $818.49 Million | -2.94% | 0.24x | $122.74 Million |
About Pilani Investment and Industries Corporation Limited
Pilani Investment and Industries Corporation Limited, a non-banking financial company, engages in the investment and financing activities in India. It holds investments in shares and securities, loans and trade accounts receivable, and mutual funds. The company was incorporated in 1948 and is based in Kolkata, India.