Silgo Retail Limited (SILGO) - Net Assets
Based on the latest financial reports, Silgo Retail Limited (SILGO) has net assets worth Rs1.38 Billion INR (≈ $14.90 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 (Rs1.62 Billion ≈ $17.48 Million USD) and total liabilities (Rs238.63 Million ≈ $2.58 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 Silgo Retail Limited strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs1.38 Billion |
| % of Total Assets | 85.24% |
| Annual Growth Rate | 159.41% |
| 5-Year Change | 385.26% |
| 10-Year Change | 71855.3% |
| Growth Volatility | 541.46 |
Silgo Retail Limited - Net Assets Trend (2016–2026)
This chart illustrates how Silgo Retail Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Silgo Retail Limited market capitalisation.
Annual Net Assets for Silgo Retail Limited (2016–2026)
The table below shows the annual net assets of Silgo Retail Limited from 2016 to 2026. Also explore Silgo Retail Limited annual equity growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs1.38 Billion ≈ $14.90 Million |
+135.77% |
| 2025-03-31 | Rs584.45 Million ≈ $6.32 Million |
+8.06% |
| 2024-03-31 | Rs540.84 Million ≈ $5.85 Million |
+75.95% |
| 2023-03-31 | Rs307.38 Million ≈ $3.32 Million |
+8.25% |
| 2022-03-31 | Rs283.96 Million ≈ $3.07 Million |
+8.98% |
| 2021-03-31 | Rs260.55 Million ≈ $2.82 Million |
+46.90% |
| 2020-03-31 | Rs177.36 Million ≈ $1.92 Million |
+90.39% |
| 2019-03-31 | Rs93.16 Million ≈ $1.01 Million |
+717.89% |
| 2018-03-31 | Rs11.39 Million ≈ $123.18K |
+494.78% |
| 2017-03-31 | Rs1.92 Million ≈ $20.71K |
+1815.00% |
| 2016-03-31 | Rs100.00K ≈ $1.08K |
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Equity Component Analysis
This analysis shows how different components contribute to Silgo Retail 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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs282.95 Million | 20.53% |
| Other Comprehensive Income | Rs182.81 Million | 13.27% |
| Other Components | Rs912.18 Million | 66.20% |
| Total Equity | Rs1.38 Billion | 100.00% |
Silgo Retail Limited Competitors by Market Cap
The table below lists competitors of Silgo Retail Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Venus Metals Corporation Ltd
AU:VMC
|
$19.57 Million |
|
Big Yellow Group PLC
LSE:BYG
|
$19.58 Million |
|
Sephaku Holdings Ltd
JSE:SEP
|
$19.58 Million |
|
Zodiac Clothing Company Limited
NSE:ZODIACLOTH
|
$19.59 Million |
|
Leyand International Tbk
JK:LAPD
|
$19.52 Million |
|
Elve S.A
AT:ELBE
|
$19.51 Million |
|
Haranga Resources Ltd
AU:HAR
|
$19.50 Million |
|
RIAS A/S
CO:RIAS-B
|
$19.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Silgo Retail Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 584,448,000 to 1,377,944,000, a change of 793,496,000 (135.8%).
- Net income of 56,972,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 182,813,000.
- Other factors increased equity by 553,711,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs56.97 Million | +4.13% |
| Other Comprehensive Income | Rs182.81 Million | +13.27% |
| Other Changes | Rs553.71 Million | +40.18% |
| Total Change | Rs- | 135.77% |
Book Value vs Market Value Analysis
This analysis compares Silgo Retail 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: 1.21x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4374.49x to 1.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-03-31 | Rs0.02 | Rs69.08 | x |
| 2017-03-31 | Rs0.30 | Rs69.08 | x |
| 2018-03-31 | Rs1.80 | Rs69.08 | x |
| 2019-03-31 | Rs19.25 | Rs69.08 | x |
| 2020-03-31 | Rs15.81 | Rs69.08 | x |
| 2021-03-31 | Rs23.59 | Rs69.08 | x |
| 2022-03-31 | Rs23.70 | Rs69.08 | x |
| 2023-03-31 | Rs25.65 | Rs69.08 | x |
| 2024-03-31 | Rs29.24 | Rs69.08 | x |
| 2025-03-31 | Rs31.33 | Rs69.08 | x |
| 2026-03-31 | Rs57.32 | Rs69.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Silgo Retail 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): 4.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.11%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.17x
- Recent ROE (4.13%) is below the historical average (24.41%), 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 | 94.78% | 3.65% | 2.04x | 12.75x | Rs1.62 Million |
| 2018 | 83.19% | 5.75% | 1.82x | 7.92x | Rs8.34 Million |
| 2019 | 13.21% | 5.68% | 2.04x | 1.14x | Rs2.99 Million |
| 2020 | 11.10% | 6.93% | 1.05x | 1.52x | Rs1.96 Million |
| 2021 | 8.44% | 6.92% | 0.70x | 1.73x | Rs-4.07 Million |
| 2022 | 8.12% | 6.62% | 0.68x | 1.80x | Rs-5.34 Million |
| 2023 | 7.65% | 6.90% | 0.65x | 1.70x | Rs-7.22 Million |
| 2024 | 5.83% | 9.00% | 0.55x | 1.17x | Rs-22.56 Million |
| 2025 | 7.66% | 10.09% | 0.69x | 1.10x | Rs-13.67 Million |
| 2026 | 4.13% | 12.11% | 0.29x | 1.17x | Rs-80.82 Million |
Industry Comparison
This section compares Silgo Retail Limited's net assets metrics with peer companies in the Luxury Goods industry.
Industry Context
- Industry: Luxury Goods
- Average net assets among peers: $3,742,381,471
- Average return on equity (ROE) among peers: 9.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Silgo Retail Limited (SILGO) | Rs1.38 Billion | 94.78% | 0.17x | $19.55 Million |
| D. P. Abhushan Limited (DPABHUSHAN) | $169.22 Million | 19.19% | 7.56x | $330.20 Million |
| Ethos Limited (ETHOSLTD) | $1.50 Billion | -0.89% | 1.82x | $744.88 Million |
| Goenka Diamond and Jewels Limited (GOENKA) | $2.83 Billion | 7.55% | 0.98x | $2.81 Million |
| Goldiam International Limited (GOLDIAM) | $4.15 Billion | 11.29% | 0.22x | $395.84 Million |
| Kalyan Jewellers India Limited (KALYANKJIL) | $20.01 Billion | -0.18% | 3.03x | $6.75 Billion |
| Laxmi Goldorna House Ltd (LGHL) | $38.20 Million | 1.53% | 1.06x | $100.28 Million |
| Lypsa Gems & Jewellery Limited (LYPSAGEMS) | $523.71 Million | 34.16% | 4.39x | $1.56 Million |
| Moksh Ornaments Limited (MOKSH) | $1.11 Billion | 7.61% | 0.30x | $9.07 Million |
| Motisons Jewellers Ltd (MOTISONS) | $915.14 Million | 3.46% | 1.92x | $167.60 Million |
| Manoj Vaibhav Gems 'N' Jewellers Limited (MVGJL) | $6.18 Billion | 13.10% | 1.27x | $103.57 Million |
About Silgo Retail Limited
Silgo Retail Limited designs, manufactures, retails, trades, and wholesales silver jewelry and precious stone in India. Its product portfolio includes rings, earrings, necklaces, pendants, bangles, bracelets, anklets, customized jewellery and lifestyle accessories. The company sells its products online. Silgo Retail Limited was incorporated in 2016 and is based in Jaipur, India.