Shivalik Rasayan Limited (SHIVALIK) - Net Assets
Based on the latest financial reports, Shivalik Rasayan Limited (SHIVALIK) has net assets worth Rs5.87 Billion INR (≈ $63.43 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 (Rs8.04 Billion ≈ $86.96 Million USD) and total liabilities (Rs2.18 Billion ≈ $23.53 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 SHIVALIK cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs5.87 Billion |
| % of Total Assets | 72.94% |
| Annual Growth Rate | 39.13% |
| 5-Year Change | 106.54% |
| 10-Year Change | 3322.12% |
| Growth Volatility | 68.19 |
Shivalik Rasayan Limited - Net Assets Trend (2012–2025)
This chart illustrates how Shivalik Rasayan Limited's net assets have evolved over time, based on quarterly financial data. Also explore how large is Shivalik Rasayan Limited's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Shivalik Rasayan Limited (2012–2025)
The table below shows the annual net assets of Shivalik Rasayan Limited from 2012 to 2025. For live valuation and market cap data, see SHIVALIK stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs5.36 Billion ≈ $57.96 Million |
+5.58% |
| 2024-03-31 | Rs5.08 Billion ≈ $54.90 Million |
+21.07% |
| 2023-03-31 | Rs4.19 Billion ≈ $45.34 Million |
+14.97% |
| 2022-03-31 | Rs3.65 Billion ≈ $39.44 Million |
+40.54% |
| 2021-03-31 | Rs2.59 Billion ≈ $28.06 Million |
+3.99% |
| 2020-03-31 | Rs2.50 Billion ≈ $26.99 Million |
+13.61% |
| 2019-03-31 | Rs2.20 Billion ≈ $23.75 Million |
+135.80% |
| 2018-03-31 | Rs931.53 Million ≈ $10.07 Million |
+253.62% |
| 2017-03-31 | Rs263.43 Million ≈ $2.85 Million |
+68.20% |
| 2016-03-31 | Rs156.62 Million ≈ $1.69 Million |
+39.33% |
| 2015-03-31 | Rs112.41 Million ≈ $1.22 Million |
+19.15% |
| 2014-03-31 | Rs94.34 Million ≈ $1.02 Million |
+14.29% |
| 2013-03-31 | Rs82.54 Million ≈ $892.64K |
+12.69% |
| 2012-03-31 | Rs73.25 Million ≈ $792.14K |
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Equity Component Analysis
This analysis shows how different components contribute to Shivalik Rasayan 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 154113100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs1.54 Billion | 28.75% |
| Common Stock | Rs78.75 Million | 1.47% |
| Other Comprehensive Income | Rs469.95 Million | 8.77% |
| Other Components | Rs3.27 Billion | 61.01% |
| Total Equity | Rs5.36 Billion | 100.00% |
Shivalik Rasayan Limited Competitors by Market Cap
The table below lists competitors of Shivalik Rasayan Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Thomas Scott (India) Limited
NSE:THOMASCOTT
|
$48.31 Million |
|
Zaigle Co. Ltd
KQ:234920
|
$48.31 Million |
|
Croda International PLC
LSE:CRDA
|
$48.32 Million |
|
AWC Berhad
KLSE:7579
|
$48.33 Million |
|
Direct Line Insurance Group plc
LSE:DLG
|
$48.28 Million |
|
Humpuss Intermoda Transportasi
JK:HITS
|
$48.27 Million |
|
LPS Brasil - Consultoria de Imóveis S.A
SA:LPSB3
|
$48.22 Million |
|
Heungkuk Metaltech Co.Ltd
KQ:010240
|
$48.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shivalik Rasayan Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,896,451,000 to 5,359,648,000, a change of 1,463,197,000 (37.6%).
- Net income of 166,962,000 contributed positively to equity growth.
- Dividend payments of 20,495,000 reduced retained earnings.
- New share issuances of 136,040,000 increased equity.
- Other comprehensive income increased equity by 1,141,018,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs166.96 Million | +3.12% |
| Dividends Paid | Rs20.50 Million | -0.38% |
| Share Issuances | Rs136.04 Million | +2.54% |
| Other Comprehensive Income | Rs1.14 Billion | +21.29% |
| Other Changes | Rs39.67 Million | +0.74% |
| Total Change | Rs- | 37.55% |
Book Value vs Market Value Analysis
This analysis compares Shivalik Rasayan 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: 0.82x
- 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 33.10x to 0.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-03-31 | Rs8.57 | Rs283.60 | x |
| 2013-03-31 | Rs9.65 | Rs283.60 | x |
| 2014-03-31 | Rs11.03 | Rs283.60 | x |
| 2015-03-31 | Rs13.15 | Rs283.60 | x |
| 2016-03-31 | Rs16.83 | Rs283.60 | x |
| 2017-03-31 | Rs26.73 | Rs283.60 | x |
| 2018-03-31 | Rs50.51 | Rs283.60 | x |
| 2019-03-31 | Rs143.56 | Rs283.60 | x |
| 2020-03-31 | Rs127.93 | Rs283.60 | x |
| 2021-03-31 | Rs129.96 | Rs283.60 | x |
| 2022-03-31 | Rs203.19 | Rs283.60 | x |
| 2023-03-31 | Rs214.01 | Rs283.60 | x |
| 2024-03-31 | Rs255.95 | Rs283.60 | x |
| 2025-03-31 | Rs344.63 | Rs283.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shivalik Rasayan 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): 3.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.36%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.37x
- Recent ROE (3.12%) is below the historical average (13.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 11.93% | 3.37% | 1.71x | 2.08x | Rs1.41 Million |
| 2013 | 11.26% | 3.22% | 1.78x | 1.96x | Rs1.04 Million |
| 2014 | 12.51% | 3.33% | 1.96x | 1.91x | Rs2.36 Million |
| 2015 | 16.07% | 4.38% | 1.80x | 2.04x | Rs6.83 Million |
| 2016 | 21.89% | 2.87% | 1.36x | 5.62x | Rs17.11 Million |
| 2017 | 37.02% | 6.86% | 1.31x | 4.12x | Rs61.75 Million |
| 2018 | 31.98% | 9.83% | 1.03x | 3.16x | Rs104.80 Million |
| 2019 | 8.23% | 7.98% | 0.59x | 1.74x | Rs-29.20 Million |
| 2020 | 7.94% | 7.52% | 0.57x | 1.86x | Rs-36.23 Million |
| 2021 | 9.83% | 9.00% | 0.54x | 2.03x | Rs-3.05 Million |
| 2022 | 8.92% | 12.37% | 0.42x | 1.70x | Rs-31.13 Million |
| 2023 | 6.85% | 9.06% | 0.41x | 1.86x | Rs-97.73 Million |
| 2024 | 3.26% | 4.66% | 0.39x | 1.78x | Rs-262.47 Million |
| 2025 | 3.12% | 5.36% | 0.42x | 1.37x | Rs-369.00 Million |
Industry Comparison
This section compares Shivalik Rasayan Limited's net assets metrics with peer companies in the Agricultural Inputs industry.
Industry Context
- Industry: Agricultural Inputs
- Average net assets among peers: $7,102,970,971
- Average return on equity (ROE) among peers: 16.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shivalik Rasayan Limited (SHIVALIK) | Rs5.87 Billion | 11.93% | 0.37x | $48.31 Million |
| Agro Phos India Limited (AGROPHOS) | $54.97 Million | 31.44% | 5.19x | $7.02 Million |
| Astec LifeSciences Limited (ASTEC) | $1.70 Billion | 20.54% | 1.43x | $171.26 Million |
| Bayer Cropscience Limited (BAYERCROP) | $2.42 Billion | 14.57% | 1.97x | $2.24 Billion |
| Best Agrolife Limited (BESTAGRO) | $5.27 Billion | 36.44% | 1.80x | $75.33 Million |
| Bhagiradha Chemicals & Industries Limited (BHAGCHEM) | $1.32 Billion | 4.92% | 0.70x | $360.40 Million |
| Bharat Rasayan Limited (BHARATRAS) | $285.91 Million | 5.42% | 0.41x | $259.36 Million |
| Bohra Industries Limited (BOHRAIND) | $568.54 Million | -4.53% | 0.07x | $2.23 Million |
| Bombay Super Hybrid Seeds Limited (BSHSL) | $15.23 Million | 16.29% | 1.68x | $111.69 Million |
| Chambal Fertilizers & Chemicals Limited (CHAMBLFERT) | $16.21 Billion | 13.35% | 2.20x | $1.97 Billion |
| Coromandel International Limited (COROMANDEL) | $43.18 Billion | 24.67% | 1.35x | $6.14 Billion |
About Shivalik Rasayan Limited
Shivalik Rasayan Limited produces and sells chemicals for the protection of plants in India. The company offers Dimethoate technical used in the preparation of formulations for use in the control of various insects and mites; and Malathion technical, an organophosphorus based contact insecticide used in the agricultural production of various food/feed crops. It also provides insecticides, such as… Read more