Sheetal Cool Products Limited (SCPL) - Net Assets
Based on the latest financial reports, Sheetal Cool Products Limited (SCPL) has net assets worth Rs1.57 Billion INR (≈ $16.97 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 (Rs2.65 Billion ≈ $28.61 Million USD) and total liabilities (Rs1.08 Billion ≈ $11.64 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 Sheetal Cool Products Limited tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs1.57 Billion |
| % of Total Assets | 59.31% |
| Annual Growth Rate | 60.54% |
| 5-Year Change | 114.29% |
| 10-Year Change | 1816.74% |
| Growth Volatility | 156.87 |
Sheetal Cool Products Limited - Net Assets Trend (2014–2026)
This chart illustrates how Sheetal Cool Products Limited's net assets have evolved over time, based on quarterly financial data. See SCPL defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Sheetal Cool Products Limited (2014–2026)
The table below shows the annual net assets of Sheetal Cool Products Limited from 2014 to 2026. For live valuation and market cap data, see SCPL market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs1.57 Billion ≈ $16.97 Million |
+19.68% |
| 2025-03-31 | Rs1.31 Billion ≈ $14.18 Million |
+14.48% |
| 2024-03-31 | Rs1.15 Billion ≈ $12.39 Million |
+22.25% |
| 2023-03-31 | Rs936.88 Million ≈ $10.13 Million |
+27.95% |
| 2022-03-31 | Rs732.24 Million ≈ $7.92 Million |
+33.63% |
| 2021-03-31 | Rs547.96 Million ≈ $5.93 Million |
+12.52% |
| 2020-03-31 | Rs487.00 Million ≈ $5.27 Million |
+25.22% |
| 2019-03-31 | Rs388.90 Million ≈ $4.21 Million |
+5.62% |
| 2018-03-31 | Rs368.22 Million ≈ $3.98 Million |
+349.79% |
| 2017-03-31 | Rs81.86 Million ≈ $885.34K |
+33.59% |
| 2016-03-31 | Rs61.28 Million ≈ $662.72K |
+84.50% |
| 2015-03-31 | Rs33.21 Million ≈ $359.20K |
+520.59% |
| 2014-03-31 | Rs5.35 Million ≈ $57.88K |
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Equity Component Analysis
This analysis shows how different components contribute to Sheetal Cool Products 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 962000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs105.00 Million | 6.69% |
| Other Components | Rs1.46 Billion | 93.31% |
| Total Equity | Rs1.57 Billion | 100.00% |
Sheetal Cool Products Limited Competitors by Market Cap
The table below lists competitors of Sheetal Cool Products Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Abico FS Co Ltd
TWO:8071
|
$55.65 Million |
|
Ak Holdings
KO:006840
|
$55.70 Million |
|
M2I Corporation
KQ:347890
|
$55.70 Million |
|
Xplus SA
WAR:XPL
|
$55.78 Million |
|
Pluristem
TA:PSTI
|
$55.60 Million |
|
Where Food Comes From Inc
NASDAQ:WFCF
|
$55.58 Million |
|
CSL Finance Limited
NSE:CSLFINANCE
|
$55.58 Million |
|
Salcon Engineering Berhad
KLSE:8567
|
$55.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sheetal Cool Products Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 1,311,129,000 to 1,569,140,000, a change of 258,011,000 (19.7%).
- Net income of 191,183,000 contributed positively to equity growth.
- New share issuances of 66,707,000 increased equity.
- Other comprehensive income decreased equity by 1,158,999.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs191.18 Million | +12.18% |
| Share Issuances | Rs66.71 Million | +4.25% |
| Other Comprehensive Income | Rs-1.16 Million | -0.07% |
| Other Changes | Rs1.28 Million | +0.08% |
| Total Change | Rs- | 19.68% |
Book Value vs Market Value Analysis
This analysis compares Sheetal Cool Products 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: 3.28x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 960.93x to 3.28x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-03-31 | Rs0.51 | Rs489.80 | x |
| 2015-03-31 | Rs3.16 | Rs489.80 | x |
| 2016-03-31 | Rs5.84 | Rs489.80 | x |
| 2017-03-31 | Rs7.80 | Rs489.80 | x |
| 2018-03-31 | Rs35.07 | Rs489.80 | x |
| 2019-03-31 | Rs37.04 | Rs489.80 | x |
| 2020-03-31 | Rs46.38 | Rs489.80 | x |
| 2021-03-31 | Rs52.19 | Rs489.80 | x |
| 2022-03-31 | Rs69.74 | Rs489.80 | x |
| 2023-03-31 | Rs89.23 | Rs489.80 | x |
| 2024-03-31 | Rs109.08 | Rs489.80 | x |
| 2025-03-31 | Rs124.87 | Rs489.80 | x |
| 2026-03-31 | Rs149.46 | Rs489.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sheetal Cool Products 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): 12.18%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.22%
- • Asset Turnover: 1.38x
- • Equity Multiplier: 1.69x
- Recent ROE (12.18%) is above the historical average (1.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -179.75% | -14.94% | 0.49x | 24.46x | Rs-10.16 Million |
| 2015 | 3.87% | 0.29% | 2.89x | 4.68x | Rs-2.04 Million |
| 2016 | 32.01% | 1.57% | 5.40x | 3.79x | Rs13.49 Million |
| 2017 | 25.15% | 1.33% | 3.36x | 5.62x | Rs12.40 Million |
| 2018 | 11.16% | 1.98% | 2.10x | 2.67x | Rs4.26 Million |
| 2019 | 5.32% | 0.89% | 1.61x | 3.73x | Rs-18.21 Million |
| 2020 | 20.14% | 3.79% | 1.49x | 3.56x | Rs49.39 Million |
| 2021 | 11.12% | 2.63% | 1.32x | 3.21x | Rs6.16 Million |
| 2022 | 25.04% | 5.61% | 1.67x | 2.67x | Rs110.13 Million |
| 2023 | 21.83% | 6.01% | 1.50x | 2.42x | Rs110.85 Million |
| 2024 | 18.20% | 5.91% | 1.50x | 2.05x | Rs93.87 Million |
| 2025 | 12.64% | 5.14% | 1.28x | 1.91x | Rs34.58 Million |
| 2026 | 12.18% | 5.22% | 1.38x | 1.69x | Rs34.27 Million |
Industry Comparison
This section compares Sheetal Cool Products Limited's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $18,303,249,125
- Average return on equity (ROE) among peers: 14.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sheetal Cool Products Limited (SCPL) | Rs1.57 Billion | -179.75% | 0.69x | $55.62 Million |
| ADF Foods Limited (ADFFOODS) | $4.93 Billion | 14.06% | 0.28x | $363.09 Million |
| Ajooni Biotech Limited (AJOONI) | $109.44 Million | 3.53% | 0.76x | $7.13 Million |
| Agro Tech Foods Limited (ATFL) | $1.30 Billion | 16.04% | 0.65x | $365.36 Million |
| Avanti Feeds Limited (AVANTIFEED) | $11.50 Billion | 38.83% | 0.33x | $1.45 Billion |
| Adani Wilmar Limited (AWL) | $81.66 Billion | 7.13% | 1.57x | $2.69 Billion |
| Bombay Burmah Trading Corporation Limited (BBTC) | $7.97 Billion | 2.39% | 0.62x | $1.15 Billion |
| Mrs. Bectors Food Specialities Limited (BECTORFOOD) | $3.19 Billion | 9.49% | 0.77x | $622.63 Million |
| Bikaji Foods International Limited (BIKAJI) | $6.08 Billion | 14.85% | 0.35x | $1.79 Billion |
| Britannia Industries Limited (BRITANNIA) | $42.86 Billion | 27.04% | 0.46x | $13.66 Billion |
| CCL Products (India) Limited (CCL) | $23.45 Billion | 16.55% | 0.85x | $1.63 Billion |
About Sheetal Cool Products Limited
Sheetal Cool Products Limited manufactures and sells milk and milk products in India. The company offers ice cream products, including cups, kulfi, novelties, candy and cones, cakes and pastries, and family and party packs; namkeen products, such as wafers, fryums, and other savory snacks; and bakery products comprising breads, khari and rusk products, and cookies. It also provides sweets, such a… Read more