The Sandesh Limited (SANDESH) - Net Assets
Based on the latest financial reports, The Sandesh Limited (SANDESH) has net assets worth Rs14.13 Billion INR (≈ $152.82 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 (Rs15.02 Billion ≈ $162.46 Million USD) and total liabilities (Rs891.41 Million ≈ $9.64 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 asset resilience ratio of The Sandesh Limited to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs14.13 Billion |
| % of Total Assets | 94.07% |
| Annual Growth Rate | 12.38% |
| 5-Year Change | 52.29% |
| 10-Year Change | 137.24% |
| Growth Volatility | 5.33 |
The Sandesh Limited - Net Assets Trend (2006–2025)
This chart illustrates how The Sandesh Limited's net assets have evolved over time, based on quarterly financial data. Also explore The Sandesh Limited assets under control for the complete picture of this company's asset base.
Annual Net Assets for The Sandesh Limited (2006–2025)
The table below shows the annual net assets of The Sandesh Limited from 2006 to 2025. For live valuation and market cap data, see SANDESH market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs13.53 Billion ≈ $146.33 Million |
+7.23% |
| 2024-03-31 | Rs12.62 Billion ≈ $136.46 Million |
+19.60% |
| 2023-03-31 | Rs10.55 Billion ≈ $114.10 Million |
+10.97% |
| 2022-03-31 | Rs9.51 Billion ≈ $102.82 Million |
+7.01% |
| 2021-03-31 | Rs8.89 Billion ≈ $96.09 Million |
+12.90% |
| 2020-03-31 | Rs7.87 Billion ≈ $85.11 Million |
+7.75% |
| 2019-03-31 | Rs7.30 Billion ≈ $78.99 Million |
+9.02% |
| 2018-03-31 | Rs6.70 Billion ≈ $72.45 Million |
+13.29% |
| 2017-03-31 | Rs5.91 Billion ≈ $63.95 Million |
+3.68% |
| 2016-03-31 | Rs5.70 Billion ≈ $61.68 Million |
+25.55% |
| 2015-03-31 | Rs4.54 Billion ≈ $49.13 Million |
+13.32% |
| 2014-03-31 | Rs4.01 Billion ≈ $43.35 Million |
+11.78% |
| 2013-03-31 | Rs3.59 Billion ≈ $38.78 Million |
+7.52% |
| 2012-03-31 | Rs3.34 Billion ≈ $36.07 Million |
+11.81% |
| 2011-03-31 | Rs2.98 Billion ≈ $32.26 Million |
+15.43% |
| 2010-03-31 | Rs2.58 Billion ≈ $27.95 Million |
+14.17% |
| 2009-03-31 | Rs2.26 Billion ≈ $24.48 Million |
+11.14% |
| 2008-03-31 | Rs2.04 Billion ≈ $22.02 Million |
+12.56% |
| 2007-03-31 | Rs1.81 Billion ≈ $19.57 Million |
+22.74% |
| 2006-03-31 | Rs1.47 Billion ≈ $15.94 Million |
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Equity Component Analysis
This analysis shows how different components contribute to The Sandesh 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 795080600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs7.95 Billion | 58.76% |
| Common Stock | Rs75.69 Million | 0.56% |
| Other Comprehensive Income | Rs5.37 Billion | 39.71% |
| Other Components | Rs131.66 Million | 0.97% |
| Total Equity | Rs13.53 Billion | 100.00% |
The Sandesh Limited Competitors by Market Cap
The table below lists competitors of The Sandesh Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Berjaya Food Bhd
KLSE:5196
|
$90.09 Million |
|
US Masters Residential Property Fund
AU:URF
|
$90.12 Million |
|
Osteonic Co. Ltd
KQ:226400
|
$90.14 Million |
|
Golf & Co Group Ltd
TA:GOLF
|
$90.18 Million |
|
CeoTronics AG
F:CEK
|
$90.01 Million |
|
AUGUSTA GOLD DL-0001
F:7RZ
|
$89.95 Million |
|
Kluang Rubber Company Malaya
KLSE:2453
|
$89.95 Million |
|
Taiwan Takisawa Technology Co Ltd
TWO:6609
|
$89.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Sandesh Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 12,618,414,000 to 13,530,988,000, a change of 912,574,000 (7.2%).
- Net income of 771,215,000 contributed positively to equity growth.
- Dividend payments of 18,924,000 reduced retained earnings.
- Other comprehensive income increased equity by 160,552,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs771.22 Million | +5.7% |
| Dividends Paid | Rs18.92 Million | -0.14% |
| Other Comprehensive Income | Rs160.55 Million | +1.19% |
| Other Changes | Rs-269.00K | -0.0% |
| Total Change | Rs- | 7.23% |
Book Value vs Market Value Analysis
This analysis compares The Sandesh 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: 0.62x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 5.68x to 0.62x 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 | Rs193.70 | Rs1099.65 | x |
| 2007-03-31 | Rs224.98 | Rs1099.65 | x |
| 2008-03-31 | Rs235.51 | Rs1099.65 | x |
| 2009-03-31 | Rs261.74 | Rs1099.65 | x |
| 2010-03-31 | Rs301.97 | Rs1099.65 | x |
| 2011-03-31 | Rs349.72 | Rs1099.65 | x |
| 2012-03-31 | Rs391.04 | Rs1099.65 | x |
| 2013-03-31 | Rs422.14 | Rs1099.65 | x |
| 2014-03-31 | Rs529.63 | Rs1099.65 | x |
| 2015-03-31 | Rs600.17 | Rs1099.65 | x |
| 2016-03-31 | Rs753.55 | Rs1099.65 | x |
| 2017-03-31 | Rs781.31 | Rs1099.65 | x |
| 2018-03-31 | Rs885.14 | Rs1099.65 | x |
| 2019-03-31 | Rs964.99 | Rs1099.65 | x |
| 2020-03-31 | Rs1039.75 | Rs1099.65 | x |
| 2021-03-31 | Rs1173.87 | Rs1099.65 | x |
| 2022-03-31 | Rs1256.11 | Rs1099.65 | x |
| 2023-03-31 | Rs1393.87 | Rs1099.65 | x |
| 2024-03-31 | Rs1667.12 | Rs1099.65 | x |
| 2025-03-31 | Rs1787.69 | Rs1099.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Sandesh 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): 5.70%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.91%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 1.07x
- Recent ROE (5.70%) is below the historical average (10.88%), 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 | 1.55% | 1.73% | 0.64x | 1.40x | Rs-124.61 Million |
| 2007 | 4.87% | 3.71% | 0.99x | 1.33x | Rs-92.80 Million |
| 2008 | 12.94% | 9.98% | 0.77x | 1.69x | Rs59.91 Million |
| 2009 | 12.29% | 9.63% | 0.90x | 1.41x | Rs51.72 Million |
| 2010 | 14.33% | 16.43% | 0.60x | 1.45x | Rs111.90 Million |
| 2011 | 14.72% | 18.82% | 0.49x | 1.60x | Rs140.75 Million |
| 2012 | 11.74% | 14.38% | 0.53x | 1.54x | Rs57.99 Million |
| 2013 | 16.07% | 18.79% | 0.61x | 1.41x | Rs217.63 Million |
| 2014 | 11.43% | 14.63% | 0.57x | 1.36x | Rs57.19 Million |
| 2015 | 12.56% | 16.54% | 0.63x | 1.21x | Rs116.09 Million |
| 2016 | 14.01% | 21.45% | 0.53x | 1.23x | Rs228.61 Million |
| 2017 | 12.31% | 20.61% | 0.51x | 1.16x | Rs136.68 Million |
| 2018 | 12.37% | 22.40% | 0.49x | 1.13x | Rs158.45 Million |
| 2019 | 8.87% | 16.33% | 0.50x | 1.10x | Rs-82.31 Million |
| 2020 | 7.76% | 17.89% | 0.41x | 1.07x | Rs-175.99 Million |
| 2021 | 10.13% | 35.91% | 0.26x | 1.08x | Rs11.33 Million |
| 2022 | 9.45% | 29.32% | 0.30x | 1.07x | Rs-52.50 Million |
| 2023 | 9.61% | 31.25% | 0.29x | 1.06x | Rs-40.88 Million |
| 2024 | 14.95% | 59.22% | 0.24x | 1.07x | Rs624.02 Million |
| 2025 | 5.70% | 26.91% | 0.20x | 1.07x | Rs-581.88 Million |
Industry Comparison
This section compares The Sandesh Limited's net assets metrics with peer companies in the Publishing industry.
Industry Context
- Industry: Publishing
- Average net assets among peers: $3,334,741,773
- Average return on equity (ROE) among peers: 78.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Sandesh Limited (SANDESH) | Rs14.13 Billion | 1.55% | 0.06x | $90.02 Million |
| Cyber Media (India) Limited (CYBERMEDIA) | $413.34 Million | -18.92% | 1.89x | $2.80 Million |
| D.B.Corp Limited (DBCORP) | $2.48 Billion | 19.21% | 3.31x | $417.56 Million |
| Diligent Media Corporation Limited (DNAMEDIA) | $-5.79 Billion | 0.00% | 0.00x | $3.82 Million |
| Hindustan Media Ventures Limited (HMVL) | $14.79 Billion | 0.67% | 0.52x | $52.49 Million |
| MPS Limited (MPSLTD) | $1.99 Billion | 695.56% | 0.39x | $304.15 Million |
| Navneet Education Limited (NAVNETEDUL) | $5.83 Billion | 18.43% | 0.32x | $347.27 Million |
| Sab Events & Governance Now Media Limited (SABEVENTS) | $106.89 Million | 1.36% | 0.10x | $1.11 Million |
| Sambhaav Media Limited (SAMBHAAV) | $852.08 Million | 0.02% | 0.25x | $14.24 Million |
| S Chand And Company Limited (SCHAND) | $9.33 Billion | -7.17% | 0.53x | $61.47 Million |
About The Sandesh Limited
The Sandesh Limited, together with its subsidiary, Sandesh Digital Private Limited, engages in the editing, printing, and publishing of newspapers and periodicals in India. It operates in two segments, Media and Finance. The company publishes SANDESH, a Gujarati daily newspaper; and operates Sandesh News, a Gujarati news channel. It also provides news, videos, and advertisements on digital platfo… Read more