Sanstar Ltd (SANSTAR) - Net Assets
Based on the latest financial reports, Sanstar Ltd (SANSTAR) has net assets worth Rs6.59 Billion INR (≈ $71.31 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 (Rs7.61 Billion ≈ $82.33 Million USD) and total liabilities (Rs1.02 Billion ≈ $11.02 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 Sanstar Ltd (SANSTAR) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs6.59 Billion |
| % of Total Assets | 86.62% |
| Annual Growth Rate | 97.74% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 51.72 |
Sanstar Ltd - Net Assets Trend (2022–2025)
This chart illustrates how Sanstar Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Sanstar Ltd for the complete picture of this company's asset base.
Annual Net Assets for Sanstar Ltd (2022–2025)
The table below shows the annual net assets of Sanstar Ltd from 2022 to 2025. For live valuation and market cap data, see SANSTAR market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs6.59 Billion ≈ $71.28 Million |
+159.75% |
| 2024-03-31 | Rs2.54 Billion ≈ $27.44 Million |
+35.61% |
| 2023-03-31 | Rs1.87 Billion ≈ $20.24 Million |
+119.60% |
| 2022-03-31 | Rs852.14 Million ≈ $9.22 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sanstar Ltd'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 4556.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs1.69 Billion | 25.66% |
| Common Stock | Rs364.49 Million | 5.53% |
| Other Components | Rs4.54 Billion | 68.81% |
| Total Equity | Rs6.59 Billion | 100.00% |
Sanstar Ltd Competitors by Market Cap
The table below lists competitors of Sanstar Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dream Security co. Ltd
KQ:203650
|
$177.58 Million |
|
Yuan Jen Enterprises Co Ltd
TW:1725
|
$177.59 Million |
|
Bastide Le Confort Médical SA
PA:BLC
|
$177.62 Million |
|
Editas Medicine Inc
NASDAQ:EDIT
|
$177.67 Million |
|
Choppies Enterprises Ltd
JSE:CHP
|
$177.52 Million |
|
Daol Investment & Securities
KO:030210
|
$177.47 Million |
|
Digital Asset Acquisition Corp.
NASDAQ:DAAQ
|
$177.45 Million |
|
Ascom Holding AG
SW:ASCN
|
$177.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sanstar Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,537,620,000 to 6,591,400,000, a change of 4,053,780,000 (159.7%).
- Net income of 437,990,000 contributed positively to equity growth.
- New share issuances of 3,971,000,000 increased equity.
- Other factors decreased equity by 355,210,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs437.99 Million | +6.64% |
| Share Issuances | Rs3.97 Billion | +60.25% |
| Other Changes | Rs-355.21 Million | -5.39% |
| Total Change | Rs- | 159.75% |
Book Value vs Market Value Analysis
This analysis compares Sanstar Ltd'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: 2.32x
- 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 19.27x to 2.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-03-31 | Rs4.68 | Rs90.09 | x |
| 2023-03-31 | Rs10.27 | Rs90.09 | x |
| 2024-03-31 | Rs13.92 | Rs90.09 | x |
| 2025-03-31 | Rs38.83 | Rs90.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sanstar Ltd 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): 6.64%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.65%
- • Asset Turnover: 1.24x
- • Equity Multiplier: 1.15x
- Recent ROE (6.64%) is below the historical average (18.49%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 18.68% | 3.16% | 2.43x | 2.43x | Rs74.00 Million |
| 2023 | 22.34% | 3.47% | 3.27x | 1.97x | Rs230.92 Million |
| 2024 | 26.31% | 6.19% | 2.04x | 2.08x | Rs413.90 Million |
| 2025 | 6.64% | 4.65% | 1.24x | 1.15x | Rs-221.15 Million |
Industry Comparison
This section compares Sanstar Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $6,792,477,300
- Average return on equity (ROE) among peers: 11.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sanstar Ltd (SANSTAR) | Rs6.59 Billion | 18.68% | 0.15x | $177.56 Million |
| Archean Chemical Industries Limited (ACI) | $18.64 Billion | 8.70% | 0.28x | $810.84 Million |
| The Andhra Sugars Limited (ANDHRSUGAR) | $7.01 Billion | 11.93% | 1.00x | $143.16 Million |
| Bhansali Engineering Polymers Limited (BEPL) | $1.27 Billion | 12.79% | 1.76x | $258.72 Million |
| Chemplast Sanmar Limited (CHEMPLASTS) | $2.59 Billion | 4.61% | 6.39x | $390.88 Million |
| DCW Limited (DCW) | $6.87 Billion | 0.55% | 1.73x | $177.75 Million |
| Deepak Fertilizers and Petrochemicals Corporation Limited (DEEPAKFERT) | $20.86 Billion | 7.80% | 2.35x | $1.73 Billion |
| DIAMINES AND CHEMICALS ORD (BSE) (DIAMINESQ) | $849.87 Million | 24.70% | 0.12x | $28.60 Million |
| DMCC SPECIALITY CHEMICALS LIMITED (DMCC) | $2.10 Billion | 5.53% | 0.80x | $74.72 Million |
| Epigral Ltd. (EPIGRAL) | $6.84 Billion | 14.74% | 1.12x | $567.17 Million |
| Foseco India Limited (FOSECOIND) | $894.93 Million | 24.38% | 0.57x | $325.93 Million |
About Sanstar Ltd
Sanstar Limited manufactures and sells plant-based specialty products and ingredient solutions in India and internationally. It provides liquid glucose products, dried glucose solids, maltodextrin powders, dextrose monohydrates, native starches, modified starches, and co-products, such as germs, gluten, fiber, and enriched protein products, and others. The company also offers native maize starch,… Read more