Southern Petrochemicals Industries Corporation Limited (SPIC) - Net Assets

Latest as of September 2025: Rs13.00 Billion INR ≈ $140.57 Million USD

Based on the latest financial reports, Southern Petrochemicals Industries Corporation Limited (SPIC) has net assets worth Rs13.00 Billion INR (≈ $140.57 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 (Rs22.36 Billion ≈ $241.85 Million USD) and total liabilities (Rs9.37 Billion ≈ $101.28 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. Also explore SPIC current and non-current assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs13.00 Billion
% of Total Assets	58.12%
Annual Growth Rate	0.66%
5-Year Change	132.44%
10-Year Change	314.79%
Growth Volatility	59.82

Southern Petrochemicals Industries Corporation Limited - Net Assets Trend (2002–2025)

This chart illustrates how Southern Petrochemicals Industries Corporation Limited's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see how much is Southern Petrochemicals Industries Corpo worth.

Annual Net Assets for Southern Petrochemicals Industries Corporation Limited (2002–2025)

The table below shows the annual net assets of Southern Petrochemicals Industries Corporation Limited from 2002 to 2025. Explore SPIC cash flow metrics to assess how effectively this company generates cash.

Year	Net Assets	Change
2025-03-31	Rs11.99 Billion ≈ $129.65 Million	+11.46%
2024-03-31	Rs10.76 Billion ≈ $116.32 Million	+9.12%
2023-03-31	Rs9.86 Billion ≈ $106.61 Million	+42.05%
2022-03-31	Rs6.94 Billion ≈ $75.05 Million	+34.54%
2021-03-31	Rs5.16 Billion ≈ $55.78 Million	+18.64%
2020-03-31	Rs4.35 Billion ≈ $47.01 Million	+17.24%
2019-03-31	Rs3.71 Billion ≈ $40.10 Million	+7.65%
2018-03-31	Rs3.44 Billion ≈ $37.25 Million	+15.08%
2017-03-31	Rs2.99 Billion ≈ $32.37 Million	+3.56%
2016-03-31	Rs2.89 Billion ≈ $31.26 Million	+12.02%
2015-03-31	Rs2.58 Billion ≈ $27.90 Million	+3.19%
2014-03-31	Rs2.50 Billion ≈ $27.04 Million	-4.29%
2013-03-31	Rs2.61 Billion ≈ $28.25 Million	+129.14%
2012-03-31	Rs-8.97 Billion ≈ $-96.95 Million	-0.09%
2011-03-31	Rs-8.96 Billion ≈ $-96.86 Million	-253.66%
2010-03-31	Rs5.83 Billion ≈ $63.04 Million	+11.07%
2009-03-31	Rs5.25 Billion ≈ $56.76 Million	+14.21%
2008-03-31	Rs4.60 Billion ≈ $49.70 Million	-31.55%
2006-03-31	Rs6.71 Billion ≈ $72.60 Million	-39.71%
2005-03-31	Rs11.13 Billion ≈ $120.41 Million	+18.26%
2004-03-31	Rs9.41 Billion ≈ $101.82 Million	+10.29%
2003-03-31	Rs8.54 Billion ≈ $92.32 Million	-17.22%
2002-03-31	Rs10.31 Billion ≈ $111.52 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Southern Petrochemicals Industries Corporation 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 689130000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs6.89 Billion	57.48%
Common Stock	Rs2.04 Billion	16.99%
Other Comprehensive Income	Rs956.00 Million	7.97%
Other Components	Rs2.10 Billion	17.56%
Total Equity	Rs11.99 Billion	100.00%

Southern Petrochemicals Industries Corporation Limited Competitors by Market Cap

The table below lists competitors of Southern Petrochemicals Industries Corporation Limited ranked by their market capitalization.

Company	Market Cap
ABOV Semiconductor Co. Ltd KQ:102120	$154.85 Million
Roularta BR:ROU	$154.88 Million
BingEx Ltd NASDAQ:FLX	$154.95 Million
Milestone Pharmaceuticals Inc NASDAQ:MIST	$155.01 Million
Cartesian Growth Corporation II Class A Ordinary Shares NASDAQ:RENE	$154.70 Million
Aemetis Inc NASDAQ:AMTX	$154.69 Million
Auna S.A. NYSE:AUNA	$154.69 Million
Putnam Master Intermediate Income Trust NYSE:PIM	$154.67 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Southern Petrochemicals Industries Corporation Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 10,756,200,000 to 11,988,500,000, a change of 1,232,300,000 (11.5%).
Net income of 1,556,200,000 contributed positively to equity growth.
Dividend payments of 305,500,000 reduced retained earnings.
Other comprehensive income decreased equity by 7,763,800,000.
Other factors increased equity by 7,745,400,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs1.56 Billion	+12.98%
Dividends Paid	Rs305.50 Million	-2.55%
Other Comprehensive Income	Rs-7.76 Billion	-64.76%
Other Changes	Rs7.75 Billion	+64.61%
Total Change	Rs-	11.46%

Book Value vs Market Value Analysis

This analysis compares Southern Petrochemicals Industries Corporation 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: 1.19x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has increased from 0.80x to 1.19x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2004-03-31	Rs87.41	Rs70.26	x
2005-03-31	Rs83.23	Rs70.26	x
2006-03-31	Rs34.32	Rs70.26	x
2008-03-31	Rs18.94	Rs70.26	x
2009-03-31	Rs19.73	Rs70.26	x
2010-03-31	Rs26.47	Rs70.26	x
2011-03-31	Rs-53.87	Rs70.26	x
2012-03-31	Rs-56.51	Rs70.26	x
2013-03-31	Rs13.14	Rs70.26	x
2014-03-31	Rs12.28	Rs70.26	x
2015-03-31	Rs12.67	Rs70.26	x
2016-03-31	Rs14.19	Rs70.26	x
2017-03-31	Rs14.70	Rs70.26	x
2018-03-31	Rs16.91	Rs70.26	x
2019-03-31	Rs18.21	Rs70.26	x
2020-03-31	Rs21.35	Rs70.26	x
2021-03-31	Rs25.33	Rs70.26	x
2022-03-31	Rs34.08	Rs70.26	x
2023-03-31	Rs48.41	Rs70.26	x
2024-03-31	Rs52.80	Rs70.26	x
2025-03-31	Rs58.86	Rs70.26	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Southern Petrochemicals Industries Corporation 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): 12.98%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.07%
• Asset Turnover: 1.34x
• Equity Multiplier: 1.91x
Recent ROE (12.98%) is below the historical average (15.44%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2002	25.21%	11.69%	0.42x	5.17x	Rs1.33 Billion
2004	0.95%	0.60%	0.24x	6.51x	Rs-851.47 Million
2005	1.16%	0.43%	0.36x	7.52x	Rs-794.56 Million
2006	-60.21%	-8.17%	0.39x	18.68x	Rs-2.59 Billion
2008	-177.91%	-21.87%	0.20x	40.55x	Rs-3.84 Billion
2009	-159.97%	-18.60%	0.21x	41.56x	Rs-3.62 Billion
2010	29.86%	9.17%	0.14x	23.28x	Rs679.57 Million
2011	0.00%	1.91%	1.15x	0.00x	Rs1.30 Billion
2012	0.00%	-0.50%	0.40x	0.00x	Rs918.01 Million
2013	493.65%	333.36%	0.34x	4.34x	Rs10.77 Billion
2014	15.59%	19.25%	0.13x	6.15x	Rs139.65 Million
2015	4.02%	4.11%	0.18x	5.54x	Rs-154.31 Million
2016	10.73%	7.23%	0.26x	5.70x	Rs21.18 Million
2017	19.10%	15.34%	0.30x	4.18x	Rs272.54 Million
2018	13.18%	2.28%	1.35x	4.28x	Rs109.60 Million
2019	16.99%	15.14%	0.20x	5.49x	Rs259.13 Million
2020	15.52%	23.39%	0.14x	4.82x	Rs240.11 Million
2021	14.36%	22.66%	0.19x	3.32x	Rs224.99 Million
2022	23.54%	43.11%	0.22x	2.44x	Rs939.52 Million
2023	30.51%	57.53%	0.24x	2.23x	Rs2.02 Billion
2024	10.51%	5.82%	1.10x	1.64x	Rs54.98 Million
2025	12.98%	5.07%	1.34x	1.91x	Rs357.35 Million

Industry Comparison

This section compares Southern Petrochemicals Industries Corporation Limited's net assets metrics with peer companies in the Agricultural Inputs industry.

Industry Context

Industry: Agricultural Inputs
Average net assets among peers: $5,234,267,063
Average return on equity (ROE) among peers: 8.07%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Southern Petrochemicals Industries Corporation Limited (SPIC)	Rs13.00 Billion	25.21%	0.72x	$154.73 Million
Agro Phos India Limited (AGROPHOS)	$482.59 Million	-10.94%	1.05x	$6.93 Million
Astec LifeSciences Limited (ASTEC)	$1.14 Billion	7.64%	1.51x	$167.40 Million
Bayer Cropscience Limited (BAYERCROP)	$17.56 Billion	17.95%	0.39x	$2.32 Billion
Best Agrolife Limited (BESTAGRO)	$30.94 Million	1.40%	0.36x	$68.89 Million
Bhagiradha Chemicals & Industries Limited (BHAGCHEM)	$445.39 Million	-6.33%	1.01x	$371.49 Million
Bharat Rasayan Limited (BHARATRAS)	$429.87 Million	13.51%	0.40x	$248.90 Million
Bohra Industries Limited (BOHRAIND)	$385.55 Million	11.70%	2.11x	$2.15 Million
Bombay Super Hybrid Seeds Limited (BSHSL)	$206.78 Million	10.08%	0.86x	$111.73 Million
Chambal Fertilizers & Chemicals Limited (CHAMBLFERT)	$23.71 Billion	9.32%	2.68x	$1.90 Billion
Coromandel International Limited (COROMANDEL)	$7.96 Billion	26.41%	2.41x	$6.32 Billion

About Southern Petrochemicals Industries Corporation Limited

NSE:SPIC India Agricultural Inputs

Market Cap

$154.73 Million

Rs14.31 Billion INR

Market Cap Rank

#17524 Global

#906 in India

Share Price

Rs70.26

Change (1 day)

+0.14%

52-Week Range

Rs55.42 - Rs122.76

All Time High

Rs122.76