Rajnandini Metal Limited (RAJMET) - Net Assets
Based on the latest financial reports, Rajnandini Metal Limited (RAJMET) has net assets worth Rs546.20 Million INR (≈ $5.91 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs1.14 Billion ≈ $12.33 Million USD) and total liabilities (Rs593.90 Million ≈ $6.42 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. Check Rajnandini Metal Limited tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs546.20 Million |
| % of Total Assets | 47.91% |
| Annual Growth Rate | 21.86% |
| 5-Year Change | 187.98% |
| 10-Year Change | 762.69% |
| Growth Volatility | 20.58 |
Rajnandini Metal Limited - Net Assets Trend (2013–2025)
This chart illustrates how Rajnandini Metal Limited's net assets have evolved over time, based on quarterly financial data. See RAJMET days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Rajnandini Metal Limited (2013–2025)
The table below shows the annual net assets of Rajnandini Metal Limited from 2013 to 2025. For live valuation and market cap data, see market value of Rajnandini Metal Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs563.70 Million ≈ $6.10 Million |
-0.60% |
| 2024-03-31 | Rs567.10 Million ≈ $6.13 Million |
+36.88% |
| 2023-03-31 | Rs414.30 Million ≈ $4.48 Million |
+40.01% |
| 2022-03-31 | Rs295.90 Million ≈ $3.20 Million |
+51.17% |
| 2021-03-31 | Rs195.75 Million ≈ $2.12 Million |
+34.93% |
| 2020-03-31 | Rs145.07 Million ≈ $1.57 Million |
+8.68% |
| 2019-03-31 | Rs133.48 Million ≈ $1.44 Million |
+66.25% |
| 2018-03-31 | Rs80.29 Million ≈ $868.30K |
+13.30% |
| 2017-03-31 | Rs70.86 Million ≈ $766.36K |
+8.45% |
| 2016-03-31 | Rs65.34 Million ≈ $706.65K |
+5.09% |
| 2015-03-31 | Rs62.18 Million ≈ $672.44K |
+9.78% |
| 2014-03-31 | Rs56.64 Million ≈ $612.52K |
+7.75% |
| 2013-03-31 | Rs52.56 Million ≈ $568.46K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Rajnandini Metal 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 3457.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs269.10 Million | 47.74% |
| Common Stock | Rs276.50 Million | 49.05% |
| Other Comprehensive Income | Rs18.10 Million | 3.21% |
| Total Equity | Rs563.70 Million | 100.00% |
Rajnandini Metal Limited Competitors by Market Cap
The table below lists competitors of Rajnandini Metal Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Taruga Minerals Ltd
AU:TAR
|
$11.40 Million |
|
Wescan Goldfields Inc
V:WGF
|
$11.40 Million |
|
General Environmental Conservation Public Company Limited
BK:GENCO
|
$11.40 Million |
|
Peraso Inc
NASDAQ:PRSO
|
$11.41 Million |
|
EBANG INTL HLDGS (NEW) A
F:7EBA
|
$11.38 Million |
|
Aalborg Boldspilklub A/S
CO:AAB
|
$11.38 Million |
|
Kainos Group PLC
LSE:KNOS
|
$11.37 Million |
|
OpTeam S.A.
WAR:OPM
|
$11.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rajnandini Metal Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 567,100,000 to 563,700,000, a change of -3,400,000 (-0.6%).
- Net loss of 21,700,000 reduced equity.
- Other comprehensive income decreased equity by 272,500,000.
- Other factors increased equity by 290,800,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-21.70 Million | -3.85% |
| Other Comprehensive Income | Rs-272.50 Million | -48.34% |
| Other Changes | Rs290.80 Million | +51.59% |
| Total Change | Rs- | -0.60% |
Book Value vs Market Value Analysis
This analysis compares Rajnandini Metal 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: 2.00x
- 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 20.04x to 2.00x 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 | Rs0.19 | Rs3.81 | x |
| 2014-03-31 | Rs0.20 | Rs3.81 | x |
| 2015-03-31 | Rs0.22 | Rs3.81 | x |
| 2016-03-31 | Rs0.24 | Rs3.81 | x |
| 2017-03-31 | Rs0.26 | Rs3.81 | x |
| 2018-03-31 | Rs0.29 | Rs3.81 | x |
| 2019-03-31 | Rs0.48 | Rs3.81 | x |
| 2020-03-31 | Rs0.52 | Rs3.81 | x |
| 2021-03-31 | Rs0.71 | Rs3.81 | x |
| 2022-03-31 | Rs1.07 | Rs3.81 | x |
| 2023-03-31 | Rs1.50 | Rs3.81 | x |
| 2024-03-31 | Rs2.05 | Rs3.81 | x |
| 2025-03-31 | Rs1.90 | Rs3.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rajnandini Metal 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): -3.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.21%
- • Asset Turnover: 6.99x
- • Equity Multiplier: 2.62x
- Recent ROE (-3.85%) is below the historical average (13.81%), 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 | 7.43% | 0.43% | 2.35x | 7.29x | Rs-1.35 Million |
| 2014 | 7.19% | 0.39% | 2.27x | 8.10x | Rs-1.59 Million |
| 2015 | 8.91% | 0.51% | 3.31x | 5.33x | Rs-676.90K |
| 2016 | 4.84% | 0.23% | 3.97x | 5.26x | Rs-3.37 Million |
| 2017 | 7.79% | 0.43% | 3.00x | 5.98x | Rs-1.57 Million |
| 2018 | 11.74% | 0.67% | 3.67x | 4.78x | Rs1.40 Million |
| 2019 | 7.83% | 0.76% | 3.41x | 3.01x | Rs-2.90 Million |
| 2020 | 7.99% | 0.78% | 2.36x | 4.33x | Rs-2.92 Million |
| 2021 | 25.85% | 0.80% | 7.03x | 4.58x | Rs31.03 Million |
| 2022 | 33.86% | 0.97% | 9.55x | 3.64x | Rs70.61 Million |
| 2023 | 33.02% | 1.33% | 7.36x | 3.38x | Rs95.37 Million |
| 2024 | 26.87% | 1.26% | 7.38x | 2.90x | Rs95.69 Million |
| 2025 | -3.85% | -0.21% | 6.99x | 2.62x | Rs-78.07 Million |
Industry Comparison
This section compares Rajnandini Metal Limited's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $2,378,590,439
- Average return on equity (ROE) among peers: 4.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rajnandini Metal Limited (RAJMET) | Rs546.20 Million | 7.43% | 1.09x | $11.39 Million |
| Bhagyanagar India Limited (BHAGYANGR) | $2.07 Billion | 6.76% | 1.51x | $130.60 Million |
| Cubex Tubings Limited (CUBEXTUB) | $424.98 Million | 4.39% | 0.19x | $13.35 Million |
| Hindustan Copper Limited (HINDCOPPER) | $9.16 Billion | -6.13% | 0.76x | $5.33 Billion |
| Madhav Copper Limited (MCL) | $70.41 Million | 11.94% | 2.24x | $17.24 Million |
| Sagardeep Alloys Limited (SAGARDEEP) | $159.82 Million | 3.98% | 1.84x | $4.57 Million |
About Rajnandini Metal Limited
Rajnandini Metal Limited engages in the manufacturing and trading of copper continuous casting rods and wires in India. The company offers copper, brass, zinc, aluminium, and ferrous and nonferrous metals. It also provides copper rods, annealed bare copper wires, fine copper wires, bunched copper wires, and submersible wires and flat cables. The company offers its products to recycling, steel raw… Read more