Salona Cotspin Limited (SALONA) - Net Assets

Latest as of March 2026: Rs837.76 Million INR ≈ $9.06 Million USD

Based on the latest financial reports, Salona Cotspin Limited (SALONA) has net assets worth Rs837.76 Million INR (≈ $9.06 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 (Rs3.04 Billion ≈ $32.90 Million USD) and total liabilities (Rs2.20 Billion ≈ $23.84 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 Salona Cotspin Limited (SALONA) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs837.76 Million
% of Total Assets	27.54%
Annual Growth Rate	11.99%
5-Year Change	46.36%
10-Year Change	200.2%
Growth Volatility	15.62

Salona Cotspin Limited - Net Assets Trend (2006–2026)

This chart illustrates how Salona Cotspin Limited's net assets have evolved over time, based on quarterly financial data. See Salona Cotspin Limited (SALONA) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Salona Cotspin Limited (2006–2026)

The table below shows the annual net assets of Salona Cotspin Limited from 2006 to 2026. For live valuation and market cap data, see Salona Cotspin Limited market capitalisation.

Year	Net Assets	Change
2026-03-31	Rs837.76 Million ≈ $9.06 Million	+1.45%
2025-03-31	Rs825.77 Million ≈ $8.93 Million	+3.52%
2024-03-31	Rs797.68 Million ≈ $8.63 Million	+7.53%
2023-03-31	Rs741.80 Million ≈ $8.02 Million	+29.60%
2022-03-31	Rs572.40 Million ≈ $6.19 Million	+50.56%
2021-03-31	Rs380.17 Million ≈ $4.11 Million	+18.48%
2020-03-31	Rs320.88 Million ≈ $3.47 Million	+2.45%
2019-03-31	Rs313.22 Million ≈ $3.39 Million	+4.32%
2018-03-31	Rs300.27 Million ≈ $3.25 Million	+7.60%
2017-03-31	Rs279.07 Million ≈ $3.02 Million	+13.61%
2016-03-31	Rs245.64 Million ≈ $2.66 Million	+7.88%
2015-03-31	Rs227.70 Million ≈ $2.46 Million	+10.19%
2014-03-31	Rs206.65 Million ≈ $2.23 Million	+31.30%
2013-03-31	Rs157.39 Million ≈ $1.70 Million	+24.65%
2012-03-31	Rs126.26 Million ≈ $1.37 Million	-28.01%
2011-03-31	Rs175.38 Million ≈ $1.90 Million	+28.22%
2010-03-31	Rs136.78 Million ≈ $1.48 Million	+13.66%
2009-03-31	Rs120.35 Million ≈ $1.30 Million	+1.18%
2008-03-31	Rs118.94 Million ≈ $1.29 Million	+10.07%
2007-03-31	Rs108.07 Million ≈ $1.17 Million	+24.30%
2006-03-31	Rs86.94 Million ≈ $940.22K	--

Equity Component Analysis

This analysis shows how different components contribute to Salona Cotspin 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	Rs53.29 Million	6.36%
Other Components	Rs784.48 Million	93.64%
Total Equity	Rs837.76 Million	100.00%

Salona Cotspin Limited Competitors by Market Cap

The table below lists competitors of Salona Cotspin Limited ranked by their market capitalization.

Company	Market Cap
Legend Power Systems Inc V:LPS	$15.57 Million
META ESTATE TRUST RO:MET	$15.57 Million
Kingsmen C.M.T.I. Public Company Limited BK:K	$15.59 Million
CHARWOOD ENERGY EO -01 F:L5Q	$15.60 Million
Viva Gold Corp V:VAU	$15.56 Million
Swvl Holdings Corp NASDAQ:SWVL	$15.54 Million
ELL ENVIRON.HLDGS HD-0001 F:6EL	$15.53 Million
Evion Group NL AU:EVG	$15.53 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Salona Cotspin Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 825,771,000 to 837,765,000, a change of 11,994,000 (1.5%).
Net income of 15,614,000 contributed positively to equity growth.
Dividend payments of 5,262,000 reduced retained earnings.
Other comprehensive income decreased equity by 3,523,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs15.61 Million	+1.86%
Dividends Paid	Rs5.26 Million	-0.63%
Other Comprehensive Income	Rs-3.52 Million	-0.42%
Other Changes	Rs5.17 Million	+0.62%
Total Change	Rs-	1.45%

Book Value vs Market Value Analysis

This analysis compares Salona Cotspin 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: 1.72x
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 16.83x to 1.72x 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	Rs16.25	Rs273.40	x
2007-03-31	Rs20.20	Rs273.40	x
2008-03-31	Rs22.23	Rs273.40	x
2009-03-31	Rs22.49	Rs273.40	x
2010-03-31	Rs25.99	Rs273.40	x
2011-03-31	Rs33.33	Rs273.40	x
2012-03-31	Rs23.99	Rs273.40	x
2013-03-31	Rs29.91	Rs273.40	x
2014-03-31	Rs39.27	Rs273.40	x
2015-03-31	Rs43.27	Rs273.40	x
2016-03-31	Rs46.66	Rs273.40	x
2017-03-31	Rs53.03	Rs273.40	x
2018-03-31	Rs57.06	Rs273.40	x
2019-03-31	Rs59.52	Rs273.40	x
2020-03-31	Rs60.98	Rs273.40	x
2021-03-31	Rs72.24	Rs273.40	x
2022-03-31	Rs108.78	Rs273.40	x
2023-03-31	Rs140.96	Rs273.40	x
2024-03-31	Rs151.53	Rs273.40	x
2025-03-31	Rs156.90	Rs273.40	x
2026-03-31	Rs159.36	Rs273.40	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Salona Cotspin 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): 1.86%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.26%
• Asset Turnover: 1.95x
• Equity Multiplier: 3.63x
Recent ROE (1.86%) is below the historical average (11.37%), 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	19.09%	5.04%	0.75x	5.08x	Rs7.90 Million
2007	24.92%	6.64%	0.80x	4.71x	Rs16.13 Million
2008	9.04%	2.33%	0.82x	4.75x	Rs-1.14 Million
2009	1.06%	0.26%	0.95x	4.28x	Rs-10.76 Million
2010	16.50%	4.08%	0.79x	5.12x	Rs8.90 Million
2011	25.50%	5.62%	0.90x	5.03x	Rs27.18 Million
2012	-38.90%	-6.22%	1.25x	5.03x	Rs-61.75 Million
2013	19.78%	3.63%	1.40x	3.88x	Rs15.39 Million
2014	27.41%	5.32%	1.69x	3.04x	Rs35.98 Million
2015	9.25%	2.04%	1.90x	2.39x	Rs-1.71 Million
2016	9.24%	2.30%	1.54x	2.62x	Rs-1.88 Million
2017	11.98%	2.75%	1.72x	2.54x	Rs5.52 Million
2018	7.10%	2.02%	1.26x	2.78x	Rs-8.72 Million
2019	5.21%	1.24%	1.46x	2.87x	Rs-15.02 Million
2020	3.66%	0.98%	1.44x	2.60x	Rs-20.35 Million
2021	16.31%	2.69%	1.66x	3.64x	Rs23.98 Million
2022	34.57%	3.06%	2.84x	3.98x	Rs140.65 Million
2023	23.68%	3.61%	1.80x	3.64x	Rs101.51 Million
2024	7.68%	0.91%	1.86x	4.56x	Rs-18.49 Million
2025	3.79%	0.47%	1.87x	4.29x	Rs-51.25 Million
2026	1.86%	0.26%	1.95x	3.63x	Rs-68.16 Million

Industry Comparison

This section compares Salona Cotspin Limited's net assets metrics with peer companies in the Textile Manufacturing industry.

Industry Context

Industry: Textile Manufacturing
Average net assets among peers: $3,942,616,760
Average return on equity (ROE) among peers: 0.23%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Salona Cotspin Limited (SALONA)	Rs837.76 Million	19.09%	2.63x	$15.56 Million
Aarvee Denims & Exports Limited (AARVEEDEN)	$1.62 Billion	1.43%	1.92x	$38.07 Million
Akshar Spintex Limited (AKSHAR)	$315.43 Million	8.17%	1.61x	$3.83 Million
Alok Industries Limited (ALOKINDS)	$28.60 Billion	3.25%	6.40x	$710.41 Million
Alps Industries Limited (ALPSINDUS)	$-7.14 Billion	0.00%	0.00x	$1.45 Million
Axita Cotton Limited (AXITA)	$178.00 Million	2.59%	1.15x	$31.78 Million
AYM Syntex Limited (AYMSYNTEX)	$3.58 Billion	3.94%	1.33x	$137.31 Million
Banswara Syntex Limited (BANSWRAS)	$1.62 Billion	29.03%	4.55x	$49.71 Million
Bannari Amman Spinning Mills Limited (BASML)	$3.38 Billion	-3.26%	2.30x	$21.43 Million
Bombay Dyeing & Mfg Company Limited (BOMDYEING)	$3.70 Billion	-52.54%	5.56x	$298.05 Million
Cheviot Company Limited (CHEVIOT)	$3.57 Billion	9.69%	0.11x	$70.36 Million

About Salona Cotspin Limited

NSE:SALONA India Textile Manufacturing

Market Cap

$15.56 Million

Rs1.44 Billion INR

Market Cap Rank

#25899 Global

#1432 in India

Share Price

Rs273.40

Change (1 day)

-0.09%

52-Week Range

Rs227.05 - Rs304.10

All Time High

Rs341.51