Ram Ratna Wires Limited (RAMRAT) - Net Assets
Based on the latest financial reports, Ram Ratna Wires Limited (RAMRAT) has net assets worth Rs5.12 Billion INR (≈ $55.38 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 (Rs17.06 Billion ≈ $184.48 Million USD) and total liabilities (Rs11.94 Billion ≈ $129.09 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 Ram Ratna Wires Limited (RAMRAT) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs5.12 Billion |
| % of Total Assets | 30.02% |
| Annual Growth Rate | 19.66% |
| 5-Year Change | 134.25% |
| 10-Year Change | 558.35% |
| Growth Volatility | 21.65 |
Ram Ratna Wires Limited - Net Assets Trend (2006–2025)
This chart illustrates how Ram Ratna Wires Limited's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Ram Ratna Wires Limited for the complete picture of this company's asset base.
Annual Net Assets for Ram Ratna Wires Limited (2006–2025)
The table below shows the annual net assets of Ram Ratna Wires Limited from 2006 to 2025. For live valuation and market cap data, see market value of Ram Ratna Wires Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs4.89 Billion ≈ $52.89 Million |
+13.19% |
| 2024-03-31 | Rs4.32 Billion ≈ $46.73 Million |
+32.62% |
| 2023-03-31 | Rs3.26 Billion ≈ $35.23 Million |
+15.55% |
| 2022-03-31 | Rs2.82 Billion ≈ $30.49 Million |
+35.05% |
| 2021-03-31 | Rs2.09 Billion ≈ $22.58 Million |
+12.61% |
| 2020-03-31 | Rs1.85 Billion ≈ $20.05 Million |
-2.44% |
| 2019-03-31 | Rs1.90 Billion ≈ $20.55 Million |
+9.77% |
| 2018-03-31 | Rs1.73 Billion ≈ $18.72 Million |
+80.62% |
| 2017-03-31 | Rs958.47 Million ≈ $10.37 Million |
+29.02% |
| 2016-03-31 | Rs742.89 Million ≈ $8.03 Million |
+11.84% |
| 2015-03-31 | Rs664.25 Million ≈ $7.18 Million |
+11.67% |
| 2014-03-31 | Rs594.85 Million ≈ $6.43 Million |
+9.17% |
| 2013-03-31 | Rs544.86 Million ≈ $5.89 Million |
+14.20% |
| 2012-03-31 | Rs477.10 Million ≈ $5.16 Million |
+7.11% |
| 2011-03-31 | Rs445.42 Million ≈ $4.82 Million |
+18.35% |
| 2010-03-31 | Rs376.36 Million ≈ $4.07 Million |
+32.08% |
| 2009-03-31 | Rs284.94 Million ≈ $3.08 Million |
+1.44% |
| 2008-03-31 | Rs280.88 Million ≈ $3.04 Million |
+72.52% |
| 2007-03-31 | Rs162.81 Million ≈ $1.76 Million |
+0.80% |
| 2006-03-31 | Rs161.52 Million ≈ $1.75 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ram Ratna Wires 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 452572000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs4.53 Billion | 93.63% |
| Common Stock | Rs220.21 Million | 4.56% |
| Other Comprehensive Income | Rs39.10 Million | 0.81% |
| Other Components | Rs48.39 Million | 1.00% |
| Total Equity | Rs4.83 Billion | 100.00% |
Ram Ratna Wires Limited Competitors by Market Cap
The table below lists competitors of Ram Ratna Wires Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Imricor Medical Systems Inc
AU:IMR
|
$448.50 Million |
|
EUROKAI GmbH & Co. KGaA
F:EUK3
|
$448.62 Million |
|
Zhongtong Guomai Communication
SHG:603559
|
$448.62 Million |
|
Huang Hsiang Construction Corp
TW:2545
|
$448.64 Million |
|
Ganso Co Ltd
SHG:603886
|
$448.48 Million |
|
Hankook Shell Oil
KO:002960
|
$448.42 Million |
|
Bystronic AG
SW:BYS
|
$448.35 Million |
|
Tadiran Hldg
TA:TDRN
|
$448.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ram Ratna Wires Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,104,040,000 to 4,833,422,000, a change of 729,382,000 (17.8%).
- Net income of 629,121,000 contributed positively to equity growth.
- Dividend payments of 110,000,000 reduced retained earnings.
- New share issuances of 4,200,000 increased equity.
- Other comprehensive income increased equity by 14,010,000.
- Other factors increased equity by 192,051,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs629.12 Million | +13.02% |
| Dividends Paid | Rs110.00 Million | -2.28% |
| Share Issuances | Rs4.20 Million | +0.09% |
| Other Comprehensive Income | Rs14.01 Million | +0.29% |
| Other Changes | Rs192.05 Million | +3.97% |
| Total Change | Rs- | 17.77% |
Book Value vs Market Value Analysis
This analysis compares Ram Ratna Wires 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: 8.10x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 208.37x to 8.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs2.13 | Rs444.25 | x |
| 2007-03-31 | Rs2.15 | Rs444.25 | x |
| 2008-03-31 | Rs3.70 | Rs444.25 | x |
| 2009-03-31 | Rs3.24 | Rs444.25 | x |
| 2010-03-31 | Rs4.28 | Rs444.25 | x |
| 2011-03-31 | Rs5.06 | Rs444.25 | x |
| 2012-03-31 | Rs5.42 | Rs444.25 | x |
| 2013-03-31 | Rs6.19 | Rs444.25 | x |
| 2014-03-31 | Rs6.76 | Rs444.25 | x |
| 2015-03-31 | Rs7.55 | Rs444.25 | x |
| 2016-03-31 | Rs8.44 | Rs444.25 | x |
| 2017-03-31 | Rs10.89 | Rs444.25 | x |
| 2018-03-31 | Rs18.97 | Rs444.25 | x |
| 2019-03-31 | Rs20.86 | Rs444.25 | x |
| 2020-03-31 | Rs20.32 | Rs444.25 | x |
| 2021-03-31 | Rs22.76 | Rs444.25 | x |
| 2022-03-31 | Rs30.84 | Rs444.25 | x |
| 2023-03-31 | Rs35.41 | Rs444.25 | x |
| 2024-03-31 | Rs46.61 | Rs444.25 | x |
| 2025-03-31 | Rs54.83 | Rs444.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ram Ratna Wires 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): 13.02%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.71%
- • Asset Turnover: 2.82x
- • Equity Multiplier: 2.69x
- Recent ROE (13.02%) is below the historical average (14.15%), 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 | 11.65% | 1.42% | 2.14x | 3.84x | Rs2.67 Million |
| 2007 | 5.90% | 0.45% | 2.68x | 4.84x | Rs-6.68 Million |
| 2008 | 19.60% | 1.91% | 2.93x | 3.50x | Rs26.98 Million |
| 2009 | 4.81% | 0.45% | 3.31x | 3.22x | Rs-14.78 Million |
| 2010 | 31.11% | 2.89% | 3.03x | 3.55x | Rs79.43 Million |
| 2011 | 21.26% | 1.90% | 3.16x | 3.55x | Rs50.17 Million |
| 2012 | 10.66% | 0.91% | 3.05x | 3.85x | Rs3.15 Million |
| 2013 | 15.96% | 1.27% | 3.20x | 3.94x | Rs32.45 Million |
| 2014 | 11.65% | 0.99% | 3.38x | 3.47x | Rs9.81 Million |
| 2015 | 14.79% | 1.33% | 3.53x | 3.16x | Rs31.79 Million |
| 2016 | 12.94% | 1.32% | 3.41x | 2.87x | Rs21.86 Million |
| 2017 | 22.98% | 2.71% | 2.65x | 3.21x | Rs124.45 Million |
| 2018 | 16.28% | 2.39% | 2.17x | 3.14x | Rs104.79 Million |
| 2019 | 8.52% | 1.12% | 2.30x | 3.32x | Rs-27.19 Million |
| 2020 | 8.08% | 1.01% | 2.65x | 3.02x | Rs-34.31 Million |
| 2021 | 7.44% | 0.98% | 2.34x | 3.23x | Rs-51.25 Million |
| 2022 | 19.23% | 2.29% | 3.19x | 2.64x | Rs250.44 Million |
| 2023 | 14.40% | 1.69% | 3.20x | 2.66x | Rs137.28 Million |
| 2024 | 12.73% | 1.76% | 3.12x | 2.32x | Rs112.21 Million |
| 2025 | 13.02% | 1.71% | 2.82x | 2.69x | Rs145.78 Million |
Industry Comparison
This section compares Ram Ratna Wires Limited's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $7,679,177,378
- Average return on equity (ROE) among peers: 8.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ram Ratna Wires Limited (RAMRAT) | Rs5.12 Billion | 11.65% | 2.33x | $448.49 Million |
| Apar Industries Limited (APARINDS) | $2.88 Billion | -1.23% | 5.59x | $5.36 Billion |
| Amara Raja Batteries Limited (ARE&M) | $13.63 Billion | 26.96% | 0.46x | $1.73 Billion |
| Bharat Bijlee Limited (BBL) | $6.91 Billion | 8.82% | 0.61x | $378.55 Million |
| CG Power and Industrial Solutions Limited (CGPOWER) | $41.11 Billion | -11.94% | 1.48x | $13.85 Billion |
| Cords Cable Industries Limited (CORDSCABLE) | $1.46 Billion | 2.99% | 1.02x | $25.10 Million |
| De Nora India Limited (DENORA) | $392.64 Million | 10.83% | 0.24x | $49.12 Million |
| Dynamic Cables Limited (DYCL) | $270.46 Million | 25.13% | 4.97x | $194.13 Million |
| Elin Electronics Limited (ELIN) | $1.99 Billion | 14.61% | 1.00x | $65.09 Million |
| Eveready Industries India Limited (EVEREADY) | $5.93 Billion | 2.29% | 0.87x | $263.38 Million |
| Exicom Tele-Systems Limited (EXICOM) | $2.22 Billion | 2.32% | 1.72x | $173.57 Million |
About Ram Ratna Wires Limited
Ram Ratna Wires Limited, together with its subsidiaries, manufactures and sells winding wires in India and internationally. It operates through Enamelled Wires and Strips, Copper Tubes and Pipes, and Other segments. The company offers enameled aluminium and copper wires; classic submersible, corona resistant, enamelled aluminium, triple insulated, and parallel winding wires; braided, bonded, coro… Read more