Shiva Mills Limited (SHIVAMILLS) - Net Assets
Based on the latest financial reports, Shiva Mills Limited (SHIVAMILLS) has net assets worth Rs924.08 Million INR (≈ $9.99 Million USD) as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs1.18 Billion ≈ $12.80 Million USD) and total liabilities (Rs259.73 Million ≈ $2.81 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 SHIVAMILLS asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs924.08 Million |
| % of Total Assets | 78.06% |
| Annual Growth Rate | 3.03% |
| 5-Year Change | 1.85% |
| 10-Year Change | N/A |
| Growth Volatility | 7.66 |
Shiva Mills Limited - Net Assets Trend (2016–2025)
This chart illustrates how Shiva Mills Limited's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Shiva Mills Limited for the complete picture of this company's asset base.
Annual Net Assets for Shiva Mills Limited (2016–2025)
The table below shows the annual net assets of Shiva Mills Limited from 2016 to 2025. For live valuation and market cap data, see Shiva Mills Limited market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs924.08 Million ≈ $9.99 Million |
-3.93% |
| 2024-03-31 | Rs961.84 Million ≈ $10.40 Million |
-3.68% |
| 2023-03-31 | Rs998.60 Million ≈ $10.80 Million |
-7.30% |
| 2022-03-31 | Rs1.08 Billion ≈ $11.65 Million |
+18.73% |
| 2021-03-31 | Rs907.27 Million ≈ $9.81 Million |
+10.19% |
| 2020-03-31 | Rs823.33 Million ≈ $8.90 Million |
-0.32% |
| 2019-03-31 | Rs825.94 Million ≈ $8.93 Million |
+6.50% |
| 2018-03-31 | Rs775.53 Million ≈ $8.39 Million |
+3.94% |
| 2017-03-31 | Rs746.12 Million ≈ $8.07 Million |
+5.63% |
| 2016-03-31 | Rs706.32 Million ≈ $7.64 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shiva Mills 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 333.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs298.75 Million | 32.33% |
| Common Stock | Rs86.42 Million | 9.35% |
| Other Comprehensive Income | Rs538.90 Million | 58.32% |
| Total Equity | Rs924.08 Million | 100.00% |
Shiva Mills Limited Competitors by Market Cap
The table below lists competitors of Shiva Mills Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wellard Ltd
AU:WLD
|
$5.64 Million |
|
Ravi Kumar Distilleries Limited
NSE:RKDL
|
$5.64 Million |
|
ECS Botanics Holdings Ltd
AU:ECS
|
$5.65 Million |
|
PVW Resources Ltd
AU:PVW
|
$5.65 Million |
|
Hensel Davest Indonesia Tbk PT
JK:HDIT
|
$5.63 Million |
|
ABAS Protect AB
ST:ABAS
|
$5.63 Million |
|
AlphaTON Capital Corp.
NASDAQ:ATON
|
$5.62 Million |
|
Cann Group Ltd
AU:CAN
|
$5.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shiva Mills Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 961,836,000 to 924,077,000, a change of -37,759,000 (-3.9%).
- Net loss of 38,112,000 reduced equity.
- Other comprehensive income increased equity by 353,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-38.11 Million | -4.12% |
| Other Comprehensive Income | Rs353.00K | +0.04% |
| Total Change | Rs- | -3.93% |
Book Value vs Market Value Analysis
This analysis compares Shiva Mills 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: 0.56x
- 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 0.70x to 0.56x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | Rs86.34 | Rs60.25 | x |
| 2018-03-31 | Rs89.74 | Rs60.25 | x |
| 2019-03-31 | Rs95.57 | Rs60.25 | x |
| 2020-03-31 | Rs95.27 | Rs60.25 | x |
| 2021-03-31 | Rs104.99 | Rs60.25 | x |
| 2022-03-31 | Rs124.65 | Rs60.25 | x |
| 2023-03-31 | Rs115.55 | Rs60.25 | x |
| 2024-03-31 | Rs111.30 | Rs60.25 | x |
| 2025-03-31 | Rs106.93 | Rs60.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shiva Mills 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): -4.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.25%
- • Asset Turnover: 1.43x
- • Equity Multiplier: 1.28x
- Recent ROE (-4.12%) is below the historical average (3.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 6.08% | 2.64% | 1.03x | 2.23x | Rs-29.28 Million |
| 2018 | 4.98% | 2.26% | 1.07x | 2.05x | Rs-38.89 Million |
| 2019 | 7.99% | 3.77% | 1.13x | 1.87x | Rs-16.58 Million |
| 2020 | 1.39% | 0.70% | 1.17x | 1.71x | Rs-70.90 Million |
| 2021 | 9.43% | 6.19% | 1.21x | 1.26x | Rs-5.19 Million |
| 2022 | 16.39% | 8.32% | 1.61x | 1.23x | Rs68.86 Million |
| 2023 | -7.17% | -4.50% | 1.37x | 1.16x | Rs-171.44 Million |
| 2024 | -3.38% | -2.06% | 1.29x | 1.28x | Rs-128.67 Million |
| 2025 | -4.12% | -2.25% | 1.43x | 1.28x | Rs-130.52 Million |
Industry Comparison
This section compares Shiva Mills Limited's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $-11,328,224,579
- Average return on equity (ROE) among peers: 5.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shiva Mills Limited (SHIVAMILLS) | Rs924.08 Million | 6.08% | 0.28x | $5.63 Million |
| Aarvee Denims & Exports Limited (AARVEEDEN) | $2.72 Billion | 2.06% | 2.38x | $38.07 Million |
| Akshar Spintex Limited (AKSHAR) | $194.97 Million | -2.63% | 2.61x | $4.09 Million |
| Alok Industries Limited (ALOKINDS) | $-123.08 Billion | 0.00% | 0.00x | $740.48 Million |
| Alps Industries Limited (ALPSINDUS) | $-7.74 Billion | 0.00% | 0.00x | $1.45 Million |
| Axita Cotton Limited (AXITA) | $25.59 Million | 2.29% | 4.18x | $30.46 Million |
| AYM Syntex Limited (AYMSYNTEX) | $3.03 Billion | 1.94% | 1.66x | $147.81 Million |
| Banswara Syntex Limited (BANSWRAS) | $2.48 Billion | 10.96% | 3.19x | $43.60 Million |
| Bannari Amman Spinning Mills Limited (BASML) | $2.08 Billion | 18.68% | 3.00x | $21.26 Million |
| Bombay Dyeing & Mfg Company Limited (BOMDYEING) | $4.65 Billion | 13.20% | 1.47x | $252.53 Million |
| Cheviot Company Limited (CHEVIOT) | $2.36 Billion | 5.07% | 0.09x | $74.09 Million |
About Shiva Mills Limited
Shiva Mills Limited engages in the manufacturing and marketing of cotton yarns in India. The company operates spinning unit and owns 22 windmills with a total installed capacity of 10.65 MW. It exports its products. The company was formerly known as STYL Textile Ventures Limited and changed its name to Shiva Mills Limited in March 2017. Shiva Mills Limited was incorporated in 2015 and is based in… Read more