ROUTE MOBILE LIMITED (ROUTE) - Net Assets
Based on the latest financial reports, ROUTE MOBILE LIMITED (ROUTE) has net assets worth Rs28.22 Billion INR (≈ $305.15 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs35.56 Billion ≈ $384.59 Million USD) and total liabilities (Rs7.35 Billion ≈ $79.45 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 ROUTE MOBILE LIMITED strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs28.22 Billion |
| % of Total Assets | 79.34% |
| Annual Growth Rate | 48.16% |
| 5-Year Change | 68.49% |
| 10-Year Change | 2113.94% |
| Growth Volatility | 49.26 |
ROUTE MOBILE LIMITED - Net Assets Trend (2013–2026)
This chart illustrates how ROUTE MOBILE LIMITED's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see ROUTE company net worth.
Annual Net Assets for ROUTE MOBILE LIMITED (2013–2026)
The table below shows the annual net assets of ROUTE MOBILE LIMITED from 2013 to 2026. Also explore net asset growth rate of ROUTE MOBILE LIMITED to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs28.22 Billion ≈ $305.15 Million |
+14.51% |
| 2025-03-31 | Rs24.64 Billion ≈ $266.48 Million |
+13.51% |
| 2024-03-31 | Rs21.71 Billion ≈ $234.77 Million |
+18.73% |
| 2023-03-31 | Rs18.28 Billion ≈ $197.73 Million |
+9.18% |
| 2022-03-31 | Rs16.75 Billion ≈ $181.10 Million |
+157.85% |
| 2021-03-31 | Rs6.49 Billion ≈ $70.24 Million |
+143.05% |
| 2020-03-31 | Rs2.67 Billion ≈ $28.90 Million |
+27.30% |
| 2019-03-31 | Rs2.10 Billion ≈ $22.70 Million |
+31.03% |
| 2018-03-31 | Rs1.60 Billion ≈ $17.32 Million |
+25.69% |
| 2017-03-31 | Rs1.27 Billion ≈ $13.78 Million |
+81.05% |
| 2016-03-31 | Rs703.92 Million ≈ $7.61 Million |
+109.94% |
| 2015-03-31 | Rs335.29 Million ≈ $3.63 Million |
+32.66% |
| 2014-03-31 | Rs252.75 Million ≈ $2.73 Million |
+48.48% |
| 2013-03-31 | Rs170.23 Million ≈ $1.84 Million |
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Equity Component Analysis
This analysis shows how different components contribute to ROUTE MOBILE 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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs630.00 Million | 2.27% |
| Other Components | Rs27.07 Billion | 97.73% |
| Total Equity | Rs27.70 Billion | 100.00% |
ROUTE MOBILE LIMITED Competitors by Market Cap
The table below lists competitors of ROUTE MOBILE LIMITED ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Leysen Jewellery Inc
SHG:603900
|
$335.75 Million |
|
Timbercreek Financial Corp
TO:TF
|
$335.83 Million |
|
Selena FM S.A.
WAR:SEL
|
$335.89 Million |
|
Ronshin Group A
SHE:301231
|
$335.93 Million |
|
BlackRock TCP Capital Corp
NASDAQ:TCPC
|
$335.61 Million |
|
Dalian Friendship Group Co Ltd
SHE:000679
|
$335.34 Million |
|
Kumho Ind
KO:002990
|
$335.24 Million |
|
Tungsten Mining NL
AU:TGN
|
$335.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ROUTE MOBILE LIMITED's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 24,320,000,000 to 27,695,900,000, a change of 3,375,900,000 (13.9%).
- Net income of 2,390,200,000 contributed positively to equity growth.
- Dividend payments of 715,200,000 reduced retained earnings.
- Other comprehensive income decreased equity by 957,300,000.
- Other factors increased equity by 2,658,200,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs2.39 Billion | +8.63% |
| Dividends Paid | Rs715.20 Million | -2.58% |
| Other Comprehensive Income | Rs-957.30 Million | -3.46% |
| Other Changes | Rs2.66 Billion | +9.6% |
| Total Change | Rs- | 13.88% |
Book Value vs Market Value Analysis
This analysis compares ROUTE MOBILE 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: 2.45x
- 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 144.69x to 2.45x 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 | Rs3.40 | Rs492.60 | x |
| 2014-03-31 | Rs5.06 | Rs492.60 | x |
| 2015-03-31 | Rs6.71 | Rs492.60 | x |
| 2016-03-31 | Rs14.08 | Rs492.60 | x |
| 2017-03-31 | Rs25.39 | Rs492.60 | x |
| 2018-03-31 | Rs28.29 | Rs492.60 | x |
| 2019-03-31 | Rs37.25 | Rs492.60 | x |
| 2020-03-31 | Rs53.88 | Rs492.60 | x |
| 2021-03-31 | Rs118.53 | Rs492.60 | x |
| 2022-03-31 | Rs275.88 | Rs492.60 | x |
| 2023-03-31 | Rs288.95 | Rs492.60 | x |
| 2024-03-31 | Rs342.53 | Rs492.60 | x |
| 2025-03-31 | Rs386.63 | Rs492.60 | x |
| 2026-03-31 | Rs201.04 | Rs492.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ROUTE MOBILE 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): 8.63%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.42%
- • Asset Turnover: 1.24x
- • Equity Multiplier: 1.28x
- Recent ROE (8.63%) is below the historical average (30.43%), 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 | 49.79% | 15.08% | 2.30x | 1.43x | Rs67.74 Million |
| 2014 | 41.84% | 9.97% | 2.92x | 1.44x | Rs80.48 Million |
| 2015 | 32.37% | 8.23% | 2.38x | 1.65x | Rs75.00 Million |
| 2016 | 89.12% | 17.08% | 1.60x | 3.25x | Rs556.97 Million |
| 2017 | 47.59% | 13.20% | 2.28x | 1.58x | Rs477.13 Million |
| 2018 | 29.74% | 9.48% | 1.13x | 2.78x | Rs317.59 Million |
| 2019 | 26.42% | 6.62% | 1.67x | 2.39x | Rs347.68 Million |
| 2020 | 21.63% | 6.09% | 1.53x | 2.32x | Rs313.31 Million |
| 2021 | 20.45% | 9.48% | 1.38x | 1.57x | Rs681.19 Million |
| 2022 | 9.94% | 8.30% | 0.75x | 1.59x | Rs-10.86 Million |
| 2023 | 17.97% | 9.16% | 1.24x | 1.58x | Rs1.45 Billion |
| 2024 | 17.45% | 9.32% | 1.16x | 1.62x | Rs1.60 Billion |
| 2025 | 13.11% | 6.97% | 1.20x | 1.57x | Rs756.50 Million |
| 2026 | 8.63% | 5.42% | 1.24x | 1.28x | Rs-379.39 Million |
Industry Comparison
This section compares ROUTE MOBILE LIMITED's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $-64,885,623,880
- Average return on equity (ROE) among peers: 7.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ROUTE MOBILE LIMITED (ROUTE) | Rs28.22 Billion | 49.79% | 0.26x | $335.64 Million |
| Bharti Hexacom Ltd (BHARTIHEXA) | $46.39 Billion | 10.87% | 2.99x | $8.01 Billion |
| Indus Towers Limited (INDUSTOWER) | $396.46 Billion | 18.02% | 0.80x | $10.88 Billion |
| Mahanagar Telephone Nigam Limited (MTNL) | $-97.28 Billion | 0.00% | 0.00x | $161.95 Million |
| OnMobile Global Limited (ONMOBILE) | $8.32 Billion | 10.42% | 0.35x | $59.00 Million |
| Railtel Corporation Of India Limited (RAILTEL) | $12.89 Billion | 8.66% | 0.73x | $899.81 Million |
| Reliance Communications Limited (RCOM) | $-821.36 Billion | 0.00% | 0.00x | $28.49 Million |
| Uniinfo Telecom Services Limited (UNIINFO) | $383.16 Million | 1.70% | 0.20x | $1.32 Million |
About ROUTE MOBILE LIMITED
Route Mobile Limited provides cloud-communication platform solutions to enterprises, over-the-top service providers, and mobile network operators in India and internationally. The company offers messaging, voice, e-mail, short message service (SMS) filtering, analytics, and monetization solutions. It also provides A2P messaging that includes SMS, 2-way messaging, and Acculync; enterprise email co… Read more