Shah Alloys Limited (SHAHALLOYS) - Net Assets
Based on the latest financial reports, Shah Alloys Limited (SHAHALLOYS) has net assets worth Rs-102.60 Million INR (≈ $-1.11 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 (Rs1.90 Billion ≈ $20.53 Million USD) and total liabilities (Rs2.00 Billion ≈ $21.64 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 SHAHALLOYS asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs-102.60 Million |
| % of Total Assets | -5.4% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 112.17 |
Shah Alloys Limited - Net Assets Trend (2006–2025)
This chart illustrates how Shah Alloys Limited's net assets have evolved over time, based on quarterly financial data. Also explore how large is Shah Alloys Limited's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Shah Alloys Limited (2006–2025)
The table below shows the annual net assets of Shah Alloys Limited from 2006 to 2025. For live valuation and market cap data, see SHAHALLOYS stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs-76.90 Million ≈ $-831.64K |
-168.39% |
| 2024-03-31 | Rs112.45 Million ≈ $1.22 Million |
-63.14% |
| 2023-03-31 | Rs305.10 Million ≈ $3.30 Million |
+11.36% |
| 2022-03-31 | Rs273.97 Million ≈ $2.96 Million |
+150.10% |
| 2021-03-31 | Rs-546.80 Million ≈ $-5.91 Million |
-204.82% |
| 2020-03-31 | Rs-179.39 Million ≈ $-1.94 Million |
+89.18% |
| 2019-03-31 | Rs-1.66 Billion ≈ $-17.93 Million |
+4.37% |
| 2018-03-31 | Rs-1.73 Billion ≈ $-18.75 Million |
+37.01% |
| 2017-03-31 | Rs-2.75 Billion ≈ $-29.77 Million |
+27.55% |
| 2016-03-31 | Rs-3.80 Billion ≈ $-41.08 Million |
+46.46% |
| 2015-03-31 | Rs-7.09 Billion ≈ $-76.73 Million |
-23.77% |
| 2014-03-31 | Rs-5.73 Billion ≈ $-61.99 Million |
-28.92% |
| 2013-03-31 | Rs-4.45 Billion ≈ $-48.08 Million |
-29.27% |
| 2012-03-31 | Rs-3.44 Billion ≈ $-37.20 Million |
-93.09% |
| 2011-03-31 | Rs-1.78 Billion ≈ $-19.26 Million |
-306.78% |
| 2010-03-31 | Rs-437.91 Million ≈ $-4.74 Million |
-321.75% |
| 2009-03-31 | Rs197.48 Million ≈ $2.14 Million |
-84.79% |
| 2008-03-31 | Rs1.30 Billion ≈ $14.04 Million |
-48.31% |
| 2007-03-31 | Rs2.51 Billion ≈ $27.17 Million |
+34.42% |
| 2006-03-31 | Rs1.87 Billion ≈ $20.21 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Shah Alloys 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 594534500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs198.00 Million | % |
| Other Comprehensive Income | Rs5.62 Billion | % |
| Other Components | Rs50.22 Million | % |
| Total Equity | Rs-76.90 Million | 100.00% |
Shah Alloys Limited Competitors by Market Cap
The table below lists competitors of Shah Alloys Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Janus Electric Holdings Ltd
AU:JNS
|
$14.90 Million |
|
3R Games SA
WAR:3RG
|
$14.92 Million |
|
Australian Vintage Ltd
AU:AVG
|
$14.92 Million |
|
Ming Shing Group Holdings Limited Ordinary Shares
NASDAQ:MSW
|
$14.92 Million |
|
Equatorial Resources Ltd
AU:EQX
|
$14.88 Million |
|
INNO-GENE SA ZY -10
F:WQ3
|
$14.88 Million |
|
Dantax
CO:DANT
|
$14.88 Million |
|
GigaMedia Limited
F:GIFN
|
$14.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shah Alloys Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 112,447,000 to -76,900,000, a change of -189,347,000 (-168.4%).
- Net loss of 197,200,000 reduced equity.
- Other comprehensive income increased equity by 5,705,625,000.
- Other factors decreased equity by 5,697,772,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-197.20 Million | -256.44% |
| Other Comprehensive Income | Rs5.71 Billion | +7419.54% |
| Other Changes | Rs-5.70 Billion | -7409.33% |
| Total Change | Rs- | -168.39% |
Book Value vs Market Value Analysis
This analysis compares Shah Alloys 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs104.87 | Rs69.56 | x |
| 2007-03-31 | Rs123.62 | Rs69.56 | x |
| 2008-03-31 | Rs57.88 | Rs69.56 | x |
| 2009-03-31 | Rs8.80 | Rs69.56 | x |
| 2010-03-31 | Rs-19.52 | Rs69.56 | x |
| 2011-03-31 | Rs-89.98 | Rs69.56 | x |
| 2012-03-31 | Rs-173.73 | Rs69.56 | x |
| 2013-03-31 | Rs-224.59 | Rs69.56 | x |
| 2014-03-31 | Rs-289.54 | Rs69.56 | x |
| 2015-03-31 | Rs-358.36 | Rs69.56 | x |
| 2016-03-31 | Rs-191.88 | Rs69.56 | x |
| 2017-03-31 | Rs-139.02 | Rs69.56 | x |
| 2018-03-31 | Rs-87.57 | Rs69.56 | x |
| 2019-03-31 | Rs-83.74 | Rs69.56 | x |
| 2020-03-31 | Rs-9.06 | Rs69.56 | x |
| 2021-03-31 | Rs-27.62 | Rs69.56 | x |
| 2022-03-31 | Rs16.70 | Rs69.56 | x |
| 2023-03-31 | Rs15.41 | Rs69.56 | x |
| 2024-03-31 | Rs5.68 | Rs69.56 | x |
| 2025-03-31 | Rs-3.88 | Rs69.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shah Alloys 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.40%
- • Asset Turnover: 1.37x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-31.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 18.60% | 4.19% | 1.01x | 4.41x | Rs160.65 Million |
| 2007 | 15.57% | 3.12% | 1.27x | 3.92x | Rs140.01 Million |
| 2008 | -92.75% | -13.34% | 1.05x | 6.61x | Rs-1.33 Billion |
| 2009 | -634.86% | -16.54% | 0.85x | 45.38x | Rs-1.27 Billion |
| 2010 | 0.00% | -7.75% | 0.81x | 0.00x | Rs-559.45 Million |
| 2011 | 0.00% | -17.25% | 0.79x | 0.00x | Rs-1.12 Billion |
| 2012 | 0.00% | -21.30% | 0.81x | 0.00x | Rs-1.27 Billion |
| 2013 | 0.00% | -17.22% | 0.64x | 0.00x | Rs-562.12 Million |
| 2014 | 0.00% | -30.68% | 0.48x | 0.00x | Rs-712.67 Million |
| 2015 | 0.00% | -51.72% | 0.35x | 0.00x | Rs-642.33 Million |
| 2016 | 0.00% | 46.34% | 0.42x | 0.00x | Rs1.59 Billion |
| 2017 | 0.00% | 11.48% | 0.50x | 0.00x | Rs632.83 Million |
| 2018 | 0.00% | 6.39% | 1.22x | 0.00x | Rs529.55 Million |
| 2019 | 0.00% | 1.32% | 1.10x | 0.00x | Rs241.07 Million |
| 2020 | 0.00% | -0.95% | 1.13x | 0.00x | Rs-28.60 Million |
| 2021 | 0.00% | -11.12% | 1.65x | 0.00x | Rs-503.28 Million |
| 2022 | 248.29% | 9.33% | 2.78x | 9.55x | Rs787.99 Million |
| 2023 | -14.72% | -0.72% | 2.08x | 9.86x | Rs-75.41 Million |
| 2024 | -165.84% | -3.15% | 2.30x | 22.88x | Rs-197.73 Million |
| 2025 | 0.00% | -7.40% | 1.37x | 0.00x | Rs-189.51 Million |
Industry Comparison
This section compares Shah Alloys Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $56,981,137
- Average return on equity (ROE) among peers: 11.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shah Alloys Limited (SHAHALLOYS) | Rs-102.60 Million | 18.60% | N/A | $14.89 Million |
| Ankit Metal & Power Limited (ANKITMETAL) | $4.99 Billion | 10.25% | 2.32x | $2.44 Million |
| APL Apollo Tubes Limited (APLAPOLLO) | $155.16 Million | 43.49% | 4.18x | $5.72 Billion |
| Bansal Wire Industries Ltd (BANSALWIRE) | $4.61 Billion | 15.96% | 1.74x | $501.93 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $-1.62 Billion | 0.00% | 0.00x | $38.63 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $222.58 Million | 9.47% | 2.22x | $164.68 Million |
| Electrotherm (India) Limited (ELECTHERM) | $-10.96 Billion | 0.00% | 0.00x | $111.23 Million |
| Grand Foundry Limited (GFSTEELS) | $-32.83 Million | 0.00% | 0.00x | $4.07 Million |
| Goodluck India Limited (GOODLUCK) | $978.14 Million | 20.56% | 2.88x | $451.00 Million |
| Godawari Power And Ispat limited (GPIL) | $2.07 Billion | 26.10% | 1.64x | $2.08 Billion |
| Hariom Pipe Industries Limited (HARIOMPIPE) | $152.16 Million | -10.33% | 2.30x | $111.44 Million |
About Shah Alloys Limited
Shah Alloys Limited engages in the manufacture and sale of flat and long stainless steel, alloy and special steel, carbon/mild steel, and armor steel products in India and internationally. The company also offers hot rolled coils, sheets, and plates; cold rolled coils and sheets; hot rolled round and flat bars; bright/peeled bars; angles; and beams. In addition, it provides chrome molybdenum, abr… Read more