The Ruby Mills Limited (RUBYMILLS) - Net Assets
Based on the latest financial reports, The Ruby Mills Limited (RUBYMILLS) has net assets worth Rs6.74 Billion INR (≈ $72.93 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 (Rs12.16 Billion ≈ $131.54 Million USD) and total liabilities (Rs5.42 Billion ≈ $58.62 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 strategically is The Ruby Mills Limited's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs6.74 Billion |
| % of Total Assets | 55.44% |
| Annual Growth Rate | 13.6% |
| 5-Year Change | 27.38% |
| 10-Year Change | 66.26% |
| Growth Volatility | 12.75 |
The Ruby Mills Limited - Net Assets Trend (2006–2026)
This chart illustrates how The Ruby Mills Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see The Ruby Mills Limited (RUBYMILLS) total market value.
Annual Net Assets for The Ruby Mills Limited (2006–2026)
The table below shows the annual net assets of The Ruby Mills Limited from 2006 to 2026. Also explore The Ruby Mills Limited annual equity growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs6.74 Billion ≈ $72.93 Million |
+5.92% |
| 2025-03-31 | Rs6.37 Billion ≈ $68.85 Million |
+6.06% |
| 2024-03-31 | Rs6.00 Billion ≈ $64.92 Million |
+7.26% |
| 2023-03-31 | Rs5.60 Billion ≈ $60.53 Million |
+5.72% |
| 2022-03-31 | Rs5.29 Billion ≈ $57.25 Million |
+6.02% |
| 2021-03-31 | Rs4.99 Billion ≈ $54.00 Million |
+5.54% |
| 2020-03-31 | Rs4.73 Billion ≈ $51.16 Million |
+4.55% |
| 2019-03-31 | Rs4.53 Billion ≈ $48.94 Million |
+3.22% |
| 2018-03-31 | Rs4.38 Billion ≈ $47.41 Million |
+8.09% |
| 2017-03-31 | Rs4.06 Billion ≈ $43.87 Million |
+10.21% |
| 2016-03-31 | Rs3.68 Billion ≈ $39.80 Million |
+11.60% |
| 2015-03-31 | Rs3.30 Billion ≈ $35.66 Million |
+17.95% |
| 2014-03-31 | Rs2.80 Billion ≈ $30.24 Million |
+18.15% |
| 2013-03-31 | Rs2.37 Billion ≈ $25.59 Million |
+13.71% |
| 2012-03-31 | Rs2.08 Billion ≈ $22.51 Million |
+36.64% |
| 2011-03-31 | Rs1.52 Billion ≈ $16.47 Million |
+56.70% |
| 2010-03-31 | Rs972.04 Million ≈ $10.51 Million |
+21.47% |
| 2009-03-31 | Rs800.24 Million ≈ $8.65 Million |
+25.35% |
| 2008-03-31 | Rs638.41 Million ≈ $6.90 Million |
+6.37% |
| 2007-03-31 | Rs600.18 Million ≈ $6.49 Million |
+13.99% |
| 2006-03-31 | Rs526.54 Million ≈ $5.69 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to The Ruby Mills 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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs167.20 Million | 2.48% |
| Other Components | Rs6.58 Billion | 97.52% |
| Total Equity | Rs6.74 Billion | 100.00% |
The Ruby Mills Limited Competitors by Market Cap
The table below lists competitors of The Ruby Mills Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bonterra Energy Corp
TO:BNE
|
$165.51 Million |
|
Becamex Infrastructure Development JSC
VN:IJC
|
$165.53 Million |
|
Sebo Manufacturing Engineering & Construction Corp
KQ:011560
|
$165.54 Million |
|
Gabelli MultiMedia Mutual Fund
NYSE:GGT
|
$165.57 Million |
|
Bank Agris Tbk
JK:AGRS
|
$165.48 Million |
|
Oriola-KD Oyj B
HE:OKDBV
|
$165.45 Million |
|
A Paradise Acquisition Corp.
NYSE:APAD
|
$165.42 Million |
|
BICO Group AB
ST:BICO
|
$165.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Ruby Mills Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 6,366,828,000 to 6,743,474,000, a change of 376,646,000 (5.9%).
- Net income of 435,594,000 contributed positively to equity growth.
- Dividend payments of 58,520,000 reduced retained earnings.
- Other comprehensive income decreased equity by 3,003,935,000.
- Other factors increased equity by 3,003,507,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs435.59 Million | +6.46% |
| Dividends Paid | Rs58.52 Million | -0.87% |
| Other Comprehensive Income | Rs-3.00 Billion | -44.55% |
| Other Changes | Rs3.00 Billion | +44.54% |
| Total Change | Rs- | 5.92% |
Book Value vs Market Value Analysis
This analysis compares The Ruby Mills 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: 2.27x
- 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 29.06x to 2.27x 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 | Rs15.75 | Rs457.60 | x |
| 2007-03-31 | Rs17.95 | Rs457.60 | x |
| 2008-03-31 | Rs19.09 | Rs457.60 | x |
| 2009-03-31 | Rs23.93 | Rs457.60 | x |
| 2010-03-31 | Rs29.07 | Rs457.60 | x |
| 2011-03-31 | Rs45.55 | Rs457.60 | x |
| 2012-03-31 | Rs62.24 | Rs457.60 | x |
| 2013-03-31 | Rs70.77 | Rs457.60 | x |
| 2014-03-31 | Rs83.61 | Rs457.60 | x |
| 2015-03-31 | Rs98.62 | Rs457.60 | x |
| 2016-03-31 | Rs110.06 | Rs457.60 | x |
| 2017-03-31 | Rs121.29 | Rs457.60 | x |
| 2018-03-31 | Rs131.10 | Rs457.60 | x |
| 2019-03-31 | Rs135.33 | Rs457.60 | x |
| 2020-03-31 | Rs141.48 | Rs457.60 | x |
| 2021-03-31 | Rs149.32 | Rs457.60 | x |
| 2022-03-31 | Rs158.31 | Rs457.60 | x |
| 2023-03-31 | Rs167.36 | Rs457.60 | x |
| 2024-03-31 | Rs179.52 | Rs457.60 | x |
| 2025-03-31 | Rs190.55 | Rs457.60 | x |
| 2026-03-31 | Rs201.72 | Rs457.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Ruby Mills 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): 6.46%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.15%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.80x
- Recent ROE (6.46%) is below the historical average (12.94%), 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 | 19.90% | 11.35% | 0.67x | 2.60x | Rs52.12 Million |
| 2007 | 14.71% | 8.13% | 0.58x | 3.12x | Rs28.30 Million |
| 2008 | 8.29% | 4.55% | 0.38x | 4.83x | Rs-10.95 Million |
| 2009 | 22.06% | 14.03% | 0.29x | 5.48x | Rs96.48 Million |
| 2010 | 19.68% | 14.64% | 0.20x | 6.66x | Rs94.09 Million |
| 2011 | 37.79% | 42.67% | 0.17x | 5.26x | Rs423.23 Million |
| 2012 | 27.98% | 34.61% | 0.17x | 4.90x | Rs374.23 Million |
| 2013 | 12.88% | 19.17% | 0.16x | 4.30x | Rs68.18 Million |
| 2014 | 16.06% | 23.93% | 0.18x | 3.68x | Rs169.40 Million |
| 2015 | 16.36% | 27.28% | 0.19x | 3.10x | Rs209.66 Million |
| 2016 | 11.08% | 19.18% | 0.22x | 2.64x | Rs39.72 Million |
| 2017 | 9.26% | 18.58% | 0.21x | 2.41x | Rs-29.93 Million |
| 2018 | 8.02% | 20.91% | 0.17x | 2.23x | Rs-86.78 Million |
| 2019 | 3.93% | 10.95% | 0.16x | 2.19x | Rs-274.50 Million |
| 2020 | 5.85% | 18.14% | 0.15x | 2.18x | Rs-196.15 Million |
| 2021 | 5.18% | 20.96% | 0.12x | 2.10x | Rs-240.84 Million |
| 2022 | 5.86% | 19.49% | 0.16x | 1.83x | Rs-218.92 Million |
| 2023 | 6.29% | 13.57% | 0.27x | 1.72x | Rs-207.40 Million |
| 2024 | 7.42% | 19.42% | 0.26x | 1.46x | Rs-154.88 Million |
| 2025 | 6.65% | 17.43% | 0.23x | 1.63x | Rs-213.56 Million |
| 2026 | 6.46% | 12.15% | 0.29x | 1.80x | Rs-238.75 Million |
Industry Comparison
This section compares The Ruby Mills Limited's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $-19,928,764,293
- Average return on equity (ROE) among peers: 4.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Ruby Mills Limited (RUBYMILLS) | Rs6.74 Billion | 19.90% | 0.80x | $165.49 Million |
| Aarvee Denims & Exports Limited (AARVEEDEN) | $2.68 Billion | 0.44% | 2.10x | $38.07 Million |
| Akshar Spintex Limited (AKSHAR) | $350.14 Million | -16.37% | 1.12x | $3.49 Million |
| Alok Industries Limited (ALOKINDS) | $-197.76 Billion | 0.00% | 0.00x | $378.57 Million |
| Alps Industries Limited (ALPSINDUS) | $-7.74 Billion | 0.00% | 0.00x | $14.51 Million |
| Axita Cotton Limited (AXITA) | $38.36 Million | 30.20% | 4.91x | $33.07 Million |
| AYM Syntex Limited (AYMSYNTEX) | $5.89 Billion | 1.11% | 0.82x | $179.49 Million |
| Banswara Syntex Limited (BANSWRAS) | $2.94 Billion | 8.29% | 2.36x | $40.16 Million |
| Bannari Amman Spinning Mills Limited (BASML) | $1.51 Billion | 10.39% | 0.71x | $20.29 Million |
| Bombay Dyeing & Mfg Company Limited (BOMDYEING) | $-12.73 Billion | 0.00% | 0.00x | $248.60 Million |
| Cheviot Company Limited (CHEVIOT) | $5.53 Billion | 14.35% | 0.10x | $74.21 Million |
About The Ruby Mills Limited
The Ruby Mills Limited engages in the manufacture of textile products in India. The company operates in two segments, Textiles, and Real Estate and Related. It offers pure and blended fabrics, including cotton, polyester, viscose, modal, lyocell, linen, Bemberg, ramie, rayon, Lycra, and their blends under the Ruby, Lukas, Hitline, and Label R brands; basic, LDPE, and HDPE micro dot fusible and no… Read more