Raj Rayon Industries Limited (RAJRILTD) - Net Assets
Based on the latest financial reports, Raj Rayon Industries Limited (RAJRILTD) has net assets worth Rs1.37 Billion INR (≈ $14.78 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 (Rs5.89 Billion ≈ $63.65 Million USD) and total liabilities (Rs4.52 Billion ≈ $48.87 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 Raj Rayon Industries Limited liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs1.37 Billion |
| % of Total Assets | 23.22% |
| Annual Growth Rate | 1.73% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 39.37 |
Raj Rayon Industries Limited - Net Assets Trend (2006–2025)
This chart illustrates how Raj Rayon Industries Limited's net assets have evolved over time, based on quarterly financial data. Also explore how large is Raj Rayon Industries Limited's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Raj Rayon Industries Limited (2006–2025)
The table below shows the annual net assets of Raj Rayon Industries Limited from 2006 to 2025. For live valuation and market cap data, see RAJRILTD market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs1.22 Billion ≈ $13.24 Million |
+13.19% |
| 2024-03-31 | Rs1.08 Billion ≈ $11.70 Million |
+3.89% |
| 2023-03-31 | Rs1.04 Billion ≈ $11.26 Million |
+3.91% |
| 2022-03-31 | Rs1.00 Billion ≈ $10.84 Million |
+116.55% |
| 2021-03-31 | Rs-6.06 Billion ≈ $-65.49 Million |
-6.09% |
| 2020-03-31 | Rs-5.71 Billion ≈ $-61.73 Million |
-6.32% |
| 2019-03-31 | Rs-5.37 Billion ≈ $-58.06 Million |
-9.88% |
| 2018-03-31 | Rs-4.89 Billion ≈ $-52.84 Million |
-12.08% |
| 2017-03-31 | Rs-4.36 Billion ≈ $-47.15 Million |
-22.57% |
| 2016-03-31 | Rs-3.56 Billion ≈ $-38.47 Million |
-3484.48% |
| 2015-03-31 | Rs-99.23 Million ≈ $-1.07 Million |
-115.26% |
| 2014-03-31 | Rs650.35 Million ≈ $7.03 Million |
-57.44% |
| 2013-03-31 | Rs1.53 Billion ≈ $16.52 Million |
+44.67% |
| 2012-03-31 | Rs1.06 Billion ≈ $11.42 Million |
+12.62% |
| 2011-03-31 | Rs937.82 Million ≈ $10.14 Million |
+10.14% |
| 2010-03-31 | Rs851.46 Million ≈ $9.21 Million |
+3.27% |
| 2009-03-31 | Rs824.53 Million ≈ $8.92 Million |
-11.90% |
| 2008-03-31 | Rs935.87 Million ≈ $10.12 Million |
+5.73% |
| 2007-03-31 | Rs885.14 Million ≈ $9.57 Million |
+0.05% |
| 2006-03-31 | Rs884.67 Million ≈ $9.57 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Raj Rayon Industries 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 decreased by 71298200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs556.08 Million | 45.41% |
| Other Comprehensive Income | Rs250.00 Million | 20.41% |
| Other Components | Rs1.13 Billion | 92.40% |
| Total Equity | Rs1.22 Billion | 100.00% |
Raj Rayon Industries Limited Competitors by Market Cap
The table below lists competitors of Raj Rayon Industries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Greystone Housing Impact Investors LP
NYSE:GHI
|
$128.29 Million |
|
GRIGEO AB EO -29
F:WM8
|
$128.30 Million |
|
Verb Technology Company Inc
NASDAQ:VERB
|
$128.34 Million |
|
Lhyfe SA
PA:LHYFE
|
$128.40 Million |
|
Mi Chang Oil
KO:003650
|
$128.27 Million |
|
Bertrandt Aktiengesellschaft
XETRA:BDT
|
$128.19 Million |
|
Calin Technology Co Ltd
TW:4976
|
$128.18 Million |
|
Audio Pixels Holdings Ltd
AU:AKP
|
$128.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Raj Rayon Industries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,082,009,000 to 1,224,709,000, a change of 142,700,000 (13.2%).
- Net income of 138,061,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 105,619,000.
- Other factors increased equity by 110,258,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs138.06 Million | +11.27% |
| Other Comprehensive Income | Rs-105.62 Million | -8.62% |
| Other Changes | Rs110.26 Million | +9.0% |
| Total Change | Rs- | 13.19% |
Book Value vs Market Value Analysis
This analysis compares Raj Rayon Industries 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: 0.09x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs8846656520.00 | Rs21.33 | x |
| 2007-03-31 | Rs520.06 | Rs21.33 | x |
| 2008-03-31 | Rs549.87 | Rs21.33 | x |
| 2009-03-31 | Rs483.88 | Rs21.33 | x |
| 2010-03-31 | Rs481.32 | Rs21.33 | x |
| 2011-03-31 | Rs474.12 | Rs21.33 | x |
| 2012-03-31 | Rs481.63 | Rs21.33 | x |
| 2013-03-31 | Rs578.12 | Rs21.33 | x |
| 2014-03-31 | Rs244.03 | Rs21.33 | x |
| 2015-03-31 | Rs-37.24 | Rs21.33 | x |
| 2016-03-31 | Rs-1041.90 | Rs21.33 | x |
| 2017-03-31 | Rs-1217.88 | Rs21.33 | x |
| 2018-03-31 | Rs-1410.22 | Rs21.33 | x |
| 2019-03-31 | Rs-1549.50 | Rs21.33 | x |
| 2020-03-31 | Rs-1647.37 | Rs21.33 | x |
| 2021-03-31 | Rs-1747.74 | Rs21.33 | x |
| 2022-03-31 | Rs217.55 | Rs21.33 | x |
| 2023-03-31 | Rs187.28 | Rs21.33 | x |
| 2024-03-31 | Rs134.23 | Rs21.33 | x |
| 2025-03-31 | Rs227.16 | Rs21.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Raj Rayon Industries 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): 11.27%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.63%
- • Asset Turnover: 1.70x
- • Equity Multiplier: 4.08x
- Recent ROE (11.27%) is below the historical average (26.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 10.95% | 5.85% | 0.96x | 1.94x | Rs8.42 Million |
| 2007 | 5.26% | 1.75% | 1.08x | 2.76x | Rs-41.98 Million |
| 2008 | 4.56% | 1.53% | 1.08x | 2.75x | Rs-50.95 Million |
| 2009 | -12.79% | -3.37% | 1.21x | 3.14x | Rs-187.95 Million |
| 2010 | 3.67% | 0.95% | 1.05x | 3.65x | Rs-53.90 Million |
| 2011 | 4.33% | 0.96% | 1.17x | 3.84x | Rs-53.19 Million |
| 2012 | 3.62% | 0.56% | 1.19x | 5.43x | Rs-67.42 Million |
| 2013 | 2.43% | 0.52% | 1.03x | 4.55x | Rs-115.66 Million |
| 2014 | -134.95% | -18.67% | 0.71x | 10.17x | Rs-942.66 Million |
| 2015 | 0.00% | -40.78% | 0.25x | 0.00x | Rs-738.71 Million |
| 2016 | 0.00% | -63.46% | 1.04x | 0.00x | Rs-2.51 Billion |
| 2017 | 0.00% | -24.16% | 0.80x | 0.00x | Rs-240.61 Million |
| 2018 | 0.00% | -69.15% | 0.27x | 0.00x | Rs-37.84 Million |
| 2019 | 0.00% | -267.45% | 0.08x | 0.00x | Rs54.28 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | Rs231.70 Million |
| 2021 | 0.00% | -63233.09% | 0.00x | 0.00x | Rs257.81 Million |
| 2022 | 639.32% | 1165042.91% | 0.00x | 1.02x | Rs6.31 Billion |
| 2023 | -11.88% | -9.02% | 0.44x | 2.99x | Rs-227.91 Million |
| 2024 | 3.74% | 0.54% | 1.77x | 3.89x | Rs-67.77 Million |
| 2025 | 11.27% | 1.63% | 1.70x | 4.08x | Rs15.59 Million |
Industry Comparison
This section compares Raj Rayon Industries Limited's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $-11,328,224,579
- Average return on equity (ROE) among peers: 5.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Raj Rayon Industries Limited (RAJRILTD) | Rs1.37 Billion | 10.95% | 3.31x | $128.27 Million |
| Aarvee Denims & Exports Limited (AARVEEDEN) | $2.72 Billion | 2.06% | 2.38x | $38.07 Million |
| Akshar Spintex Limited (AKSHAR) | $194.97 Million | -2.63% | 2.61x | $4.09 Million |
| Alok Industries Limited (ALOKINDS) | $-123.08 Billion | 0.00% | 0.00x | $740.48 Million |
| Alps Industries Limited (ALPSINDUS) | $-7.74 Billion | 0.00% | 0.00x | $1.45 Million |
| Axita Cotton Limited (AXITA) | $25.59 Million | 2.29% | 4.18x | $30.46 Million |
| AYM Syntex Limited (AYMSYNTEX) | $3.03 Billion | 1.94% | 1.66x | $147.81 Million |
| Banswara Syntex Limited (BANSWRAS) | $2.48 Billion | 10.96% | 3.19x | $43.60 Million |
| Bannari Amman Spinning Mills Limited (BASML) | $2.08 Billion | 18.68% | 3.00x | $21.26 Million |
| Bombay Dyeing & Mfg Company Limited (BOMDYEING) | $4.65 Billion | 13.20% | 1.47x | $252.53 Million |
| Cheviot Company Limited (CHEVIOT) | $2.36 Billion | 5.07% | 0.09x | $74.09 Million |
About Raj Rayon Industries Limited
Raj Rayon Industries Limited manufactures and trades in polyester chips, and polyester and processed yarns in India. The company offers trilobal, cationic, cotluk, colored, fire retardant, anti-microbial, tri-lobal, and octa-lobal yarns. It also offers full dull, semi dull, doped dyed, micro filaments, non-intermingle, low/slight intermingle, and high intermingle yarns. In addition, the company p… Read more