ROUTE MOBILE LIMITED (ROUTE) - Net Assets
Based on the latest financial reports, ROUTE MOBILE LIMITED (ROUTE) has net assets worth Rs25.67 Billion INR (≈ $277.65 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 (Rs33.68 Billion ≈ $364.20 Million USD) and total liabilities (Rs8.00 Billion ≈ $86.55 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 how resilient are ROUTE MOBILE LIMITED's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs25.67 Billion |
| % of Total Assets | 76.23% |
| Annual Growth Rate | 51.37% |
| 5-Year Change | 279.41% |
| 10-Year Change | 3400.51% |
| Growth Volatility | 49.82 |
ROUTE MOBILE LIMITED - Net Assets Trend (2013–2025)
This chart illustrates how ROUTE MOBILE LIMITED's net assets have evolved over time, based on quarterly financial data. Also explore ROUTE MOBILE LIMITED (ROUTE) total assets for the complete picture of this company's asset base.
Annual Net Assets for ROUTE MOBILE LIMITED (2013–2025)
The table below shows the annual net assets of ROUTE MOBILE LIMITED from 2013 to 2025. For live valuation and market cap data, see ROUTE MOBILE LIMITED market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 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 |
-- |
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 grown by 8589.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs12.91 Billion | 53.10% |
| Common Stock | Rs630.00 Million | 2.59% |
| Other Comprehensive Income | Rs957.30 Million | 3.94% |
| Other Components | Rs9.82 Billion | 40.37% |
| Total Equity | Rs24.32 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 |
|---|---|
|
K Car Co Ltd
KO:381970
|
$359.18 Million |
|
Zhejiang Linuo Flow Control Techno
SHE:300838
|
$359.19 Million |
|
Oriental Union Chemical Corp
TW:1710
|
$359.21 Million |
|
Magnetic Resources NL
AU:MAUCA
|
$359.34 Million |
|
Incar Financial Service Co. Ltd.
KQ:211050
|
$358.71 Million |
|
Banvit Bandirma Vitaminli Yem Sanayi AS
IS:BANVT
|
$358.67 Million |
|
Hangzhou IECHO Science & Technology Co. Ltd. A
SHG:688092
|
$358.66 Million |
|
Zhejiang Dilong New Material Co Ltd
SHE:002247
|
$358.59 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 2024 to 2025, total equity changed from 21,495,900,000 to 24,320,000,000, a change of 2,824,100,000 (13.1%).
- Net income of 3,188,500,000 contributed positively to equity growth.
- Dividend payments of 741,700,000 reduced retained earnings.
- New share issuances of 68,100,000 increased equity.
- Other comprehensive income increased equity by 271,100,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs3.19 Billion | +13.11% |
| Dividends Paid | Rs741.70 Million | -3.05% |
| Share Issuances | Rs68.10 Million | +0.28% |
| Other Comprehensive Income | Rs271.10 Million | +1.11% |
| Other Changes | Rs38.10 Million | +0.16% |
| Total Change | Rs- | 13.14% |
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: 1.36x
- 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 154.83x to 1.36x 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 | Rs527.15 | x |
| 2014-03-31 | Rs5.06 | Rs527.15 | x |
| 2015-03-31 | Rs6.71 | Rs527.15 | x |
| 2016-03-31 | Rs14.08 | Rs527.15 | x |
| 2017-03-31 | Rs25.39 | Rs527.15 | x |
| 2018-03-31 | Rs28.29 | Rs527.15 | x |
| 2019-03-31 | Rs37.25 | Rs527.15 | x |
| 2020-03-31 | Rs53.88 | Rs527.15 | x |
| 2021-03-31 | Rs118.53 | Rs527.15 | x |
| 2022-03-31 | Rs275.88 | Rs527.15 | x |
| 2023-03-31 | Rs288.95 | Rs527.15 | x |
| 2024-03-31 | Rs342.53 | Rs527.15 | x |
| 2025-03-31 | Rs386.63 | Rs527.15 | 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): 13.11%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.97%
- • Asset Turnover: 1.20x
- • Equity Multiplier: 1.57x
- Recent ROE (13.11%) is below the historical average (32.11%), 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 |
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: $121,829,940,226
- Average return on equity (ROE) among peers: 9.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ROUTE MOBILE LIMITED (ROUTE) | Rs25.67 Billion | 49.79% | 0.31x | $359.14 Million |
| Bharti Hexacom Ltd (BHARTIHEXA) | $46.39 Billion | 10.87% | 2.99x | $8.21 Billion |
| Indus Towers Limited (INDUSTOWER) | $324.98 Billion | 30.56% | 0.94x | $11.69 Billion |
| Mahanagar Telephone Nigam Limited (MTNL) | $48.87 Billion | 15.69% | 1.81x | $212.44 Million |
| OnMobile Global Limited (ONMOBILE) | $7.40 Billion | 5.73% | 0.60x | $63.55 Million |
| Railtel Corporation Of India Limited (RAILTEL) | $11.59 Billion | 11.05% | 1.00x | $1.12 Billion |
| Reliance Communications Limited (RCOM) | $413.24 Billion | 3.26% | 1.29x | $28.49 Million |
| Uniinfo Telecom Services Limited (UNIINFO) | $341.46 Million | -12.63% | 0.29x | $1.55 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