Southern Petrochemicals Industries Corporation Limited (SPIC) - Net Assets

Latest as of March 2026: Rs13.70 Billion INR ≈ $148.17 Million USD

Based on the latest financial reports, Southern Petrochemicals Industries Corporation Limited (SPIC) has net assets worth Rs13.70 Billion INR (≈ $148.17 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 (Rs24.98 Billion ≈ $270.10 Million USD) and total liabilities (Rs11.28 Billion ≈ $121.94 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 asset allocation strategy of Southern Petrochemicals Industries Corpo to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs13.70 Billion
% of Total Assets	54.86%
Annual Growth Rate	1.19%
5-Year Change	97.44%
10-Year Change	357.71%
Growth Volatility	58.54

Southern Petrochemicals Industries Corporation Limited - Net Assets Trend (2002–2026)

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

Annual Net Assets for Southern Petrochemicals Industries Corporation Limited (2002–2026)

The table below shows the annual net assets of Southern Petrochemicals Industries Corporation Limited from 2002 to 2026. Also explore SPIC shareholders equity momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2026-03-31	Rs13.70 Billion ≈ $148.17 Million	+14.28%
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 859460000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Retained Earnings	Rs8.59 Billion	62.73%
Common Stock	Rs2.04 Billion	14.86%
Other Comprehensive Income	Rs11.66 Billion	85.14%
Total Equity	Rs13.70 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
Orion Office Reit Inc NYSE:ONL	$142.64 Million
Douglas Elliman Inc NYSE:DOUG	$142.72 Million
GalaxiaMoneytree Co.Ltd KQ:094480	$142.77 Million
Nakamoto Inc. NASDAQ:NAKA	$142.80 Million
Basso Industry Corp TW:1527	$142.54 Million
Oncolytics Biotech Inc TO:ONC	$142.51 Million
K2 Capital Acquisition Corporation NASDAQ:KTWO	$142.40 Million
Great Boulder Resources Ltd AU:GBR	$142.39 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 2025 to 2026, total equity changed from 11,988,500,000 to 13,700,500,000, a change of 1,712,000,000 (14.3%).
Net income of 2,114,800,000 contributed positively to equity growth.
Dividend payments of 399,600,000 reduced retained earnings.
Other comprehensive income increased equity by 10,708,100,000.
Other factors decreased equity by 10,711,300,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs2.11 Billion	+15.44%
Dividends Paid	Rs399.60 Million	-2.92%
Other Comprehensive Income	Rs10.71 Billion	+78.16%
Other Changes	Rs-10.71 Billion	-78.18%
Total Change	Rs-	14.28%

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: 0.96x
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 increased from 0.74x to 0.96x 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	Rs64.73	x
2005-03-31	Rs83.23	Rs64.73	x
2006-03-31	Rs34.32	Rs64.73	x
2008-03-31	Rs18.94	Rs64.73	x
2009-03-31	Rs19.73	Rs64.73	x
2010-03-31	Rs26.47	Rs64.73	x
2011-03-31	Rs-53.87	Rs64.73	x
2012-03-31	Rs-56.51	Rs64.73	x
2013-03-31	Rs13.14	Rs64.73	x
2014-03-31	Rs12.28	Rs64.73	x
2015-03-31	Rs12.67	Rs64.73	x
2016-03-31	Rs14.19	Rs64.73	x
2017-03-31	Rs14.70	Rs64.73	x
2018-03-31	Rs16.91	Rs64.73	x
2019-03-31	Rs18.21	Rs64.73	x
2020-03-31	Rs21.35	Rs64.73	x
2021-03-31	Rs25.33	Rs64.73	x
2022-03-31	Rs34.08	Rs64.73	x
2023-03-31	Rs48.41	Rs64.73	x
2024-03-31	Rs52.80	Rs64.73	x
2025-03-31	Rs58.86	Rs64.73	x
2026-03-31	Rs67.31	Rs64.73	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): 15.44%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 7.15%
• Asset Turnover: 1.18x
• Equity Multiplier: 1.82x
Recent ROE (15.44%) 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
2026	15.44%	7.15%	1.18x	1.82x	Rs744.75 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: $10,658,449,341
Average return on equity (ROE) among peers: 14.32%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Southern Petrochemicals Industries Corporation Limited (SPIC)	Rs13.70 Billion	25.21%	0.82x	$142.55 Million
Agro Phos India Limited (AGROPHOS)	$346.89 Million	2.39%	1.02x	$5.31 Million
Astec LifeSciences Limited (ASTEC)	$3.09 Billion	21.03%	1.19x	$178.08 Million
Bayer Cropscience Limited (BAYERCROP)	$5.60 Billion	22.73%	0.93x	$1.81 Billion
Best Agrolife Limited (BESTAGRO)	$30.88 Million	1.03%	0.01x	$69.96 Million
Bhagiradha Chemicals & Industries Limited (BHAGCHEM)	$478.81 Million	4.10%	1.96x	$344.41 Million
Bharat Rasayan Limited (BHARATRAS)	$1.46 Billion	23.14%	1.23x	$197.15 Million
Bohra Industries Limited (BOHRAIND)	$245.20 Million	22.52%	2.54x	$1.78 Million
Bombay Super Hybrid Seeds Limited (BSHSL)	$36.68 Million	7.48%	3.15x	$98.62 Million
Chambal Fertilizers & Chemicals Limited (CHAMBLFERT)	$16.21 Billion	13.35%	2.20x	$1.81 Billion
Coromandel International Limited (COROMANDEL)	$79.08 Billion	25.46%	0.80x	$6.25 Billion

About Southern Petrochemicals Industries Corporation Limited

NSE:SPIC India Agricultural Inputs

Market Cap

$142.55 Million

Rs13.18 Billion INR

Market Cap Rank

#17905 Global

#959 in India

Share Price

Rs64.73

Change (1 day)

-1.72%

52-Week Range

Rs55.42 - Rs96.26

All Time High

Rs122.76