Shoppers Stop Limited (SHOPERSTOP) - Net Assets

Latest as of September 2025: Rs2.88 Billion INR ≈ $31.10 Million USD

Based on the latest financial reports, Shoppers Stop Limited (SHOPERSTOP) has net assets worth Rs2.88 Billion INR (≈ $31.10 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 (Rs62.07 Billion ≈ $671.22 Million USD) and total liabilities (Rs59.19 Billion ≈ $640.12 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 Shoppers Stop Limited (SHOPERSTOP) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs2.88 Billion
% of Total Assets	4.63%
Annual Growth Rate	6.18%
5-Year Change	168.27%
10-Year Change	-39.05%
Growth Volatility	62.56

Shoppers Stop Limited - Net Assets Trend (2005–2025)

This chart illustrates how Shoppers Stop Limited's net assets have evolved over time, based on quarterly financial data. Also explore SHOPERSTOP asset base for the complete picture of this company's asset base.

Annual Net Assets for Shoppers Stop Limited (2005–2025)

The table below shows the annual net assets of Shoppers Stop Limited from 2005 to 2025. For live valuation and market cap data, see Shoppers Stop Limited market capitalisation.

Year	Net Assets	Change
2025-03-31	Rs3.21 Billion ≈ $34.74 Million	+6.56%
2024-03-31	Rs3.01 Billion ≈ $32.60 Million	+46.28%
2023-03-31	Rs2.06 Billion ≈ $22.28 Million	+171.37%
2022-03-31	Rs759.30 Million ≈ $8.21 Million	-36.58%
2021-03-31	Rs1.20 Billion ≈ $12.95 Million	+79.67%
2020-03-31	Rs666.40 Million ≈ $7.21 Million	-92.71%
2019-03-31	Rs9.15 Billion ≈ $98.92 Million	+1.13%
2018-03-31	Rs9.04 Billion ≈ $97.81 Million	+86.70%
2017-03-31	Rs4.84 Billion ≈ $52.39 Million	-8.07%
2016-03-31	Rs5.27 Billion ≈ $56.99 Million	-4.97%
2015-03-31	Rs5.55 Billion ≈ $59.97 Million	+12.72%
2014-03-31	Rs4.92 Billion ≈ $53.20 Million	-2.68%
2013-03-31	Rs5.05 Billion ≈ $54.67 Million	-2.79%
2012-03-31	Rs5.20 Billion ≈ $56.24 Million	+3.35%
2011-03-31	Rs5.03 Billion ≈ $54.41 Million	+78.93%
2010-03-31	Rs2.81 Billion ≈ $30.41 Million	+14.85%
2009-03-31	Rs2.45 Billion ≈ $26.48 Million	-13.57%
2008-03-31	Rs2.83 Billion ≈ $30.64 Million	-0.99%
2007-03-31	Rs2.86 Billion ≈ $30.94 Million	+8.83%
2006-03-31	Rs2.63 Billion ≈ $28.43 Million	+171.52%
2005-03-31	Rs968.27 Million ≈ $10.47 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Shoppers Stop 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 1257.7% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Common Stock	Rs550.30 Million	17.13%
Other Comprehensive Income	Rs369.10 Million	11.49%
Other Components	Rs9.61 Billion	299.05%
Total Equity	Rs3.21 Billion	100.00%

Shoppers Stop Limited Competitors by Market Cap

The table below lists competitors of Shoppers Stop Limited ranked by their market capitalization.

Company	Market Cap
Innovative Solutions and Support NASDAQ:ISSC	$353.61 Million
Shenzhen Institute of Building Research Co Ltd Class A SHE:300675	$353.69 Million
Hyliion Holdings Corp. NYSE MKT:HYLN	$353.71 Million
Helen of Troy Limited F:HT2	$353.75 Million
Hai An Transport and Stevedoring JSC VN:HAH	$353.50 Million
Ningbo United Group Co Ltd SHG:600051	$353.47 Million
Huaiji Dengyun Auto-parts Holding Co Ltd SHE:002715	$353.39 Million
Beijing Hanjian Heshan Pipeline Co Ltd SHG:603616	$353.31 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shoppers Stop Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 3,014,200,000 to 3,212,000,000, a change of 197,800,000 (6.6%).
Net income of 108,900,000 contributed positively to equity growth.
Share repurchases of 25,600,000 reduced equity.
New share issuances of 25,600,000 increased equity.
Other comprehensive income increased equity by 255,100,000.
Other factors decreased equity by 166,200,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs108.90 Million	+3.39%
Share Repurchases	Rs25.60 Million	-0.8%
Share Issuances	Rs25.60 Million	+0.8%
Other Comprehensive Income	Rs255.10 Million	+7.94%
Other Changes	Rs-166.20 Million	-5.17%
Total Change	Rs-	6.56%

Book Value vs Market Value Analysis

This analysis compares Shoppers Stop 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: 10.17x
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 19.07x to 10.17x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-03-31	Rs15.57	Rs296.90	x
2006-03-31	Rs37.16	Rs296.90	x
2007-03-31	Rs39.19	Rs296.90	x
2008-03-31	Rs38.46	Rs296.90	x
2009-03-31	Rs33.24	Rs296.90	x
2010-03-31	Rs34.63	Rs296.90	x
2011-03-31	Rs59.41	Rs296.90	x
2012-03-31	Rs58.94	Rs296.90	x
2013-03-31	Rs57.02	Rs296.90	x
2014-03-31	Rs55.80	Rs296.90	x
2015-03-31	Rs59.91	Rs296.90	x
2016-03-31	Rs59.58	Rs296.90	x
2017-03-31	Rs54.33	Rs296.90	x
2018-03-31	Rs101.33	Rs296.90	x
2019-03-31	Rs98.41	Rs296.90	x
2020-03-31	Rs7.17	Rs296.90	x
2021-03-31	Rs12.72	Rs296.90	x
2022-03-31	Rs6.94	Rs296.90	x
2023-03-31	Rs18.66	Rs296.90	x
2024-03-31	Rs27.31	Rs296.90	x
2025-03-31	Rs29.20	Rs296.90	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shoppers Stop 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): 3.39%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.24%
• Asset Turnover: 0.76x
• Equity Multiplier: 18.97x
Recent ROE (3.39%) is above the historical average (-17.42%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	20.61%	4.16%	1.72x	2.88x	Rs96.13 Million
2006	9.06%	3.75%	1.50x	1.60x	Rs-24.70 Million
2007	8.52%	2.95%	1.48x	1.96x	Rs-42.22 Million
2008	-0.24%	-0.06%	1.55x	2.51x	Rs-290.01 Million
2009	-33.49%	-6.31%	1.62x	3.27x	Rs-1.06 Billion
2010	12.73%	2.47%	1.82x	2.83x	Rs76.83 Million
2011	3.64%	0.82%	1.93x	2.31x	Rs-318.81 Million
2012	-4.73%	-0.88%	1.98x	2.72x	Rs-760.23 Million
2013	-2.25%	-0.36%	2.07x	3.07x	Rs-613.83 Million
2014	-1.69%	-0.22%	2.13x	3.62x	Rs-573.26 Million
2015	8.02%	0.99%	2.16x	3.75x	Rs-104.37 Million
2016	0.39%	0.04%	2.20x	3.96x	Rs-504.95 Million
2017	-7.78%	-0.76%	2.39x	4.29x	Rs-852.03 Million
2018	27.00%	6.61%	2.07x	1.98x	Rs1.54 Billion
2019	7.10%	1.82%	1.45x	2.71x	Rs-264.99 Million
2020	-213.12%	-4.10%	0.85x	61.24x	Rs-1.49 Billion
2021	-223.14%	-15.28%	0.50x	29.36x	Rs-2.79 Billion
2022	-61.90%	-1.87%	0.67x	49.82x	Rs-545.93 Million
2023	56.30%	2.88%	0.87x	22.34x	Rs954.05 Million
2024	25.63%	1.79%	0.82x	17.56x	Rs471.08 Million
2025	3.39%	0.24%	0.76x	18.97x	Rs-212.30 Million

Industry Comparison

This section compares Shoppers Stop Limited's net assets metrics with peer companies in the Department Stores industry.

Industry Context

Industry: Department Stores
Average net assets among peers: $25,201,390,129
Average return on equity (ROE) among peers: 1.97%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shoppers Stop Limited (SHOPERSTOP)	Rs2.88 Billion	20.61%	20.58x	$353.57 Million
Future Enterprises Limited (FEL)	$31.95 Billion	2.39%	2.04x	$46.22
Future Enterprises Limited (FELDVR)	$38.21 Billion	0.92%	1.76x	$1.26 Million
Future Retail Limited (FRETAIL)	$38.47 Billion	18.90%	1.75x	$13.37 Million
Osia Hyper Retail Limited (OSIAHYPER)	$913.49 Million	9.90%	3.39x	$11.05 Million
Spencer's Retail Limited (SPENCERS)	$2.74 Billion	-47.74%	4.82x	$33.68 Million
V-Mart Retail Limited (VMART)	$120.27 Million	29.30%	3.09x	$529.72 Million
Vishal Mega Mart Ord Shs (VMM)	$64.01 Billion	0.12%	0.56x	$6.18 Billion

About Shoppers Stop Limited

NSE:SHOPERSTOP India Department Stores

Market Cap

$353.57 Million

Rs32.69 Billion INR

Market Cap Rank

#14289 Global

#683 in India

Share Price

Rs296.90

Change (1 day)

+0.83%

52-Week Range

Rs287.15 - Rs576.20

All Time High

Rs914.05