Rajesh Exports Limited (RAJESHEXPO) - Net Assets
Based on the latest financial reports, Rajesh Exports Limited (RAJESHEXPO) has net assets worth Rs167.30 Billion INR (≈ $1.81 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 (Rs373.69 Billion ≈ $4.04 Billion USD) and total liabilities (Rs206.39 Billion ≈ $2.23 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 asset resilience ratio of Rajesh Exports Limited to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs167.30 Billion |
| % of Total Assets | 44.77% |
| Annual Growth Rate | 28.03% |
| 5-Year Change | 41.06% |
| 10-Year Change | 230.92% |
| Growth Volatility | 31.75 |
Rajesh Exports Limited - Net Assets Trend (2005–2025)
This chart illustrates how Rajesh Exports Limited's net assets have evolved over time, based on quarterly financial data. Also explore RAJESHEXPO total asset value for the complete picture of this company's asset base.
Annual Net Assets for Rajesh Exports Limited (2005–2025)
The table below shows the annual net assets of Rajesh Exports Limited from 2005 to 2025. For live valuation and market cap data, see Rajesh Exports Limited market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs158.28 Billion ≈ $1.71 Billion |
+3.81% |
| 2024-03-31 | Rs152.47 Billion ≈ $1.65 Billion |
+3.55% |
| 2023-03-31 | Rs147.24 Billion ≈ $1.59 Billion |
+18.30% |
| 2022-03-31 | Rs124.46 Billion ≈ $1.35 Billion |
+10.91% |
| 2021-03-31 | Rs112.21 Billion ≈ $1.21 Billion |
+6.53% |
| 2020-03-31 | Rs105.34 Billion ≈ $1.14 Billion |
+19.16% |
| 2019-03-31 | Rs88.40 Billion ≈ $956.02 Million |
+23.21% |
| 2018-03-31 | Rs71.75 Billion ≈ $775.91 Million |
+21.93% |
| 2017-03-31 | Rs58.84 Billion ≈ $636.35 Million |
+23.02% |
| 2016-03-31 | Rs47.83 Billion ≈ $517.29 Million |
+42.29% |
| 2015-03-31 | Rs33.62 Billion ≈ $363.55 Million |
+22.58% |
| 2014-03-31 | Rs27.42 Billion ≈ $296.59 Million |
+13.58% |
| 2013-03-31 | Rs24.15 Billion ≈ $261.13 Million |
+21.42% |
| 2012-03-31 | Rs19.89 Billion ≈ $215.06 Million |
+24.54% |
| 2011-03-31 | Rs15.97 Billion ≈ $172.69 Million |
+39.55% |
| 2010-03-31 | Rs11.44 Billion ≈ $123.74 Million |
+45.03% |
| 2009-03-31 | Rs7.89 Billion ≈ $85.32 Million |
+155.26% |
| 2008-03-31 | Rs3.09 Billion ≈ $33.42 Million |
+30.81% |
| 2007-03-31 | Rs2.36 Billion ≈ $25.55 Million |
+59.48% |
| 2006-03-31 | Rs1.48 Billion ≈ $16.02 Million |
+31.07% |
| 2005-03-31 | Rs1.13 Billion ≈ $12.22 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Rajesh Exports 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 15651924000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs156.52 Billion | 99.81% |
| Common Stock | Rs295.26 Million | 0.19% |
| Other Comprehensive Income | Rs156.52 Billion | 99.81% |
| Total Equity | Rs156.81 Billion | 100.00% |
Rajesh Exports Limited Competitors by Market Cap
The table below lists competitors of Rajesh Exports Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Berjaya Corporation Bhd
KLSE:3395
|
$380.71 Million |
|
Hyundai Motor S3 Pref
KO:005389
|
$380.79 Million |
|
Komipharm International Co. Ltd
KQ:041960
|
$380.81 Million |
|
Future Generation Australia Ltd
AU:FGX
|
$380.90 Million |
|
I.C.C. International Public Company Limited
BK:ICC
|
$380.26 Million |
|
Ucore Rare Metals Inc
V:UCU
|
$379.60 Million |
|
Zhejiang Yangfan New Materials Co Ltd
SHE:300637
|
$379.58 Million |
|
Hangzhou Xili Intelligent Technology Co. Ltd. A
SHG:688616
|
$379.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rajesh Exports Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 152,468,856,000 to 156,814,500,000, a change of 4,345,644,000 (2.9%).
- Net income of 948,700,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 118,286,462,000.
- Other factors decreased equity by 114,889,518,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs948.70 Million | +0.6% |
| Other Comprehensive Income | Rs118.29 Billion | +75.43% |
| Other Changes | Rs-114.89 Billion | -73.26% |
| Total Change | Rs- | 2.85% |
Book Value vs Market Value Analysis
This analysis compares Rajesh Exports 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: 0.22x
- 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 22.15x to 0.22x 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 | Rs5.38 | Rs119.20 | x |
| 2006-03-31 | Rs6.91 | Rs119.20 | x |
| 2007-03-31 | Rs8.13 | Rs119.20 | x |
| 2008-03-31 | Rs10.76 | Rs119.20 | x |
| 2009-03-31 | Rs30.70 | Rs119.20 | x |
| 2010-03-31 | Rs37.49 | Rs119.20 | x |
| 2011-03-31 | Rs54.09 | Rs119.20 | x |
| 2012-03-31 | Rs67.36 | Rs119.20 | x |
| 2013-03-31 | Rs81.78 | Rs119.20 | x |
| 2014-03-31 | Rs92.91 | Rs119.20 | x |
| 2015-03-31 | Rs113.85 | Rs119.20 | x |
| 2016-03-31 | Rs162.00 | Rs119.20 | x |
| 2017-03-31 | Rs199.29 | Rs119.20 | x |
| 2018-03-31 | Rs242.98 | Rs119.20 | x |
| 2019-03-31 | Rs299.40 | Rs119.20 | x |
| 2020-03-31 | Rs356.77 | Rs119.20 | x |
| 2021-03-31 | Rs380.05 | Rs119.20 | x |
| 2022-03-31 | Rs421.52 | Rs119.20 | x |
| 2023-03-31 | Rs498.67 | Rs119.20 | x |
| 2024-03-31 | Rs516.39 | Rs119.20 | x |
| 2025-03-31 | Rs530.59 | Rs119.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rajesh Exports 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): 0.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.02%
- • Asset Turnover: 14.40x
- • Equity Multiplier: 1.87x
- Recent ROE (0.60%) is below the historical average (20.17%), 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 | 38.12% | 1.01% | 8.92x | 4.21x | Rs317.82 Million |
| 2006 | 44.92% | 1.23% | 6.48x | 5.66x | Rs517.32 Million |
| 2007 | 42.87% | 1.47% | 1.69x | 17.24x | Rs776.56 Million |
| 2008 | 66.83% | 2.38% | 1.24x | 22.57x | Rs1.76 Billion |
| 2009 | 11.08% | 0.73% | 1.93x | 7.84x | Rs84.84 Million |
| 2010 | 16.90% | 1.05% | 2.13x | 7.54x | Rs789.82 Million |
| 2011 | 15.53% | 1.21% | 1.95x | 6.60x | Rs883.16 Million |
| 2012 | 20.74% | 1.61% | 2.14x | 6.02x | Rs2.14 Billion |
| 2013 | 18.74% | 1.46% | 2.25x | 5.73x | Rs2.11 Billion |
| 2014 | 13.03% | 1.22% | 2.60x | 4.10x | Rs832.01 Million |
| 2015 | 19.48% | 1.30% | 3.14x | 4.78x | Rs3.19 Billion |
| 2016 | 22.35% | 0.65% | 7.89x | 4.38x | Rs5.91 Billion |
| 2017 | 21.14% | 0.51% | 10.03x | 4.10x | Rs6.55 Billion |
| 2018 | 17.64% | 0.67% | 7.97x | 3.28x | Rs5.48 Billion |
| 2019 | 14.62% | 0.74% | 6.09x | 3.26x | Rs4.08 Billion |
| 2020 | 11.45% | 0.62% | 6.37x | 2.92x | Rs1.52 Billion |
| 2021 | 7.53% | 0.33% | 11.00x | 2.09x | Rs-2.77 Billion |
| 2022 | 8.11% | 0.42% | 10.17x | 1.92x | Rs-2.35 Billion |
| 2023 | 9.73% | 0.42% | 14.85x | 1.55x | Rs-400.85 Million |
| 2024 | 2.20% | 0.12% | 12.72x | 1.45x | Rs-11.89 Billion |
| 2025 | 0.60% | 0.02% | 14.40x | 1.87x | Rs-14.73 Billion |
Industry Comparison
This section compares Rajesh Exports Limited's net assets metrics with peer companies in the Luxury Goods industry.
Industry Context
- Industry: Luxury Goods
- Average net assets among peers: $4,310,048,939
- Average return on equity (ROE) among peers: 4.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rajesh Exports Limited (RAJESHEXPO) | Rs167.30 Billion | 38.12% | 1.23x | $380.62 Million |
| D. P. Abhushan Limited (DPABHUSHAN) | $410.79 Million | 19.83% | 3.74x | $255.64 Million |
| Ethos Limited (ETHOSLTD) | $6.31 Billion | 9.55% | 0.39x | $695.02 Million |
| Goenka Diamond and Jewels Limited (GOENKA) | $3.27 Billion | 14.53% | 1.08x | $2.81 Million |
| Goldiam International Limited (GOLDIAM) | $3.68 Billion | 5.48% | 0.31x | $460.50 Million |
| Kalyan Jewellers India Limited (KALYANKJIL) | $20.01 Billion | -0.18% | 3.03x | $4.61 Billion |
| Laxmi Goldorna House Ltd (LGHL) | $313.29 Million | 0.39% | 0.86x | $139.82 Million |
| Lypsa Gems & Jewellery Limited (LYPSAGEMS) | $997.24 Million | -25.99% | 1.88x | $1.69 Million |
| Moksh Ornaments Limited (MOKSH) | $5.33 Million | 6.16% | 25.22x | $12.34 Million |
| Motisons Jewellers Ltd (MOTISONS) | $915.14 Million | 3.46% | 1.92x | $146.04 Million |
| Manoj Vaibhav Gems 'N' Jewellers Limited (MVGJL) | $7.19 Billion | 13.97% | 1.08x | $91.62 Million |
About Rajesh Exports Limited
Rajesh Exports Limited, a gold refiner, engages in the manufacture, wholesale, and retail of gold and various gold products in India. It also owns retail showrooms under the SHUBH Jewellers brand. The company also exports its products. Rajesh Exports Limited was incorporated in 1989 and is headquartered in Bengaluru, India.