SPL Industries Limited
SPL Industries Limited manufactures and sells knitted garments and fabrics in India and internationally. It operates through Manufacturing Cotton Knitted Garments and Made Ups and Processing Charges; and Trading of Garments segments. The company offers a range of outerwear, such as T shirts, sweatshirts, and polo shirts, etc.; and knitted fabrics, including single jersey, jacquard, interlocks, fl… Read more
SPL Industries Limited (SPLIL) - Net Assets
Latest net assets as of September 2025: ₹2.10 Billion INR
Based on the latest financial reports, SPL Industries Limited (SPLIL) has net assets worth ₹2.10 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹2.23 Billion) and total liabilities (₹133.90 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹2.10 Billion |
| % of Total Assets | 94.0% |
| Annual Growth Rate | 1.48% |
| 5-Year Change | 46.66% |
| 10-Year Change | 228.75% |
| Growth Volatility | 26.36 |
SPL Industries Limited - Net Assets Trend (2006–2025)
This chart illustrates how SPL Industries Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SPL Industries Limited (2006–2025)
The table below shows the annual net assets of SPL Industries Limited from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹2.09 Billion | +4.91% |
| 2024-03-31 | ₹1.99 Billion | +6.25% |
| 2023-03-31 | ₹1.87 Billion | +14.67% |
| 2022-03-31 | ₹1.63 Billion | +14.74% |
| 2021-03-31 | ₹1.42 Billion | +10.52% |
| 2020-03-31 | ₹1.29 Billion | +32.06% |
| 2019-03-31 | ₹976.18 Million | +38.54% |
| 2018-03-31 | ₹704.64 Million | +8.50% |
| 2017-03-31 | ₹649.44 Million | +2.18% |
| 2016-03-31 | ₹635.58 Million | +16.13% |
| 2015-03-31 | ₹547.30 Million | +1.01% |
| 2014-03-31 | ₹541.80 Million | +5.32% |
| 2013-03-31 | ₹514.43 Million | -30.26% |
| 2012-03-31 | ₹737.68 Million | +69.97% |
| 2011-03-31 | ₹434.00 Million | -61.19% |
| 2010-03-31 | ₹1.12 Billion | -25.33% |
| 2009-03-31 | ₹1.50 Billion | -8.74% |
| 2008-03-31 | ₹1.64 Billion | +1.63% |
| 2007-03-31 | ₹1.61 Billion | +2.20% |
| 2006-03-31 | ₹1.58 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to SPL Industries 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 104990700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹1.05 Billion | 50.25% |
| Common Stock | ₹290.00 Million | 13.88% |
| Other Comprehensive Income | ₹252.83 Million | 12.10% |
| Other Components | ₹496.75 Million | 23.77% |
| Total Equity | ₹2.09 Billion | 100.00% |
SPL Industries Limited Competitors by Market Cap
The table below lists competitors of SPL Industries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Abasca Resources Inc.
V:ABA
|
$2.06 Million |
|
HomeChoice Investments Ltd
JSE:HIL
|
$2.06 Million |
|
PEER FOR YOU PUBLIC COMPANY LIMITED
BK:PEER
|
$2.06 Million |
|
LOWE'S COM
MU:LWE
|
$2.06 Million |
|
Moho Resources Ltd
AU:MOH
|
$2.06 Million |
|
Broad Street Realty Inc
OTCQX:BRST
|
$2.06 Million |
|
PT Sigma Energy Compressindo T
JK:SICO
|
$2.06 Million |
|
Elite Education Group International Ltd
NASDAQ:EEIQ
|
$2.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SPL Industries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,991,738,000 to 2,089,480,000, a change of 97,742,000 (4.9%).
- Net income of 97,915,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 1,464,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹97.92 Million | +4.69% |
| Other Comprehensive Income | ₹-1.46 Million | -0.07% |
| Other Changes | ₹1.29 Million | +0.06% |
| Total Change | ₹- | 4.91% |
Book Value vs Market Value Analysis
This analysis compares SPL Industries 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: 0.37x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | ₹59.98 | ₹25.35 | x |
| 2007-03-31 | ₹55.67 | ₹25.35 | x |
| 2008-03-31 | ₹56.58 | ₹25.35 | x |
| 2009-03-31 | ₹51.64 | ₹25.35 | x |
| 2010-03-31 | ₹38.56 | ₹25.35 | x |
| 2011-03-31 | ₹14.93 | ₹25.35 | x |
| 2012-03-31 | ₹25.44 | ₹25.35 | x |
| 2013-03-31 | ₹17.74 | ₹25.35 | x |
| 2014-03-31 | ₹18.68 | ₹25.35 | x |
| 2015-03-31 | ₹18.87 | ₹25.35 | x |
| 2016-03-31 | ₹21.92 | ₹25.35 | x |
| 2017-03-31 | ₹22.39 | ₹25.35 | x |
| 2018-03-31 | ₹24.30 | ₹25.35 | x |
| 2019-03-31 | ₹33.66 | ₹25.35 | x |
| 2020-03-31 | ₹44.45 | ₹25.35 | x |
| 2021-03-31 | ₹49.13 | ₹25.35 | x |
| 2022-03-31 | ₹56.37 | ₹25.35 | x |
| 2023-03-31 | ₹64.64 | ₹25.35 | x |
| 2024-03-31 | ₹68.68 | ₹25.35 | x |
| 2025-03-31 | ₹69.30 | ₹25.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SPL Industries 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): 4.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.02%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 1.06x
- Recent ROE (4.69%) is above the historical average (-7.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 9.51% | 6.39% | 0.82x | 1.81x | ₹-7.68 Million |
| 2007 | 4.20% | 3.09% | 0.68x | 1.99x | ₹-93.66 Million |
| 2008 | 1.68% | 0.85% | 0.95x | 2.08x | ₹-136.52 Million |
| 2009 | -9.56% | -3.88% | 1.09x | 2.25x | ₹-292.88 Million |
| 2010 | -32.47% | -12.89% | 1.03x | 2.45x | ₹-474.86 Million |
| 2011 | -160.76% | -44.47% | 0.95x | 3.82x | ₹-741.11 Million |
| 2012 | -51.46% | -64.89% | 0.36x | 2.23x | ₹-453.35 Million |
| 2013 | -43.40% | -56.33% | 0.56x | 1.37x | ₹-274.68 Million |
| 2014 | 5.05% | 6.09% | 0.71x | 1.16x | ₹-26.81 Million |
| 2015 | 0.95% | 0.89% | 0.75x | 1.41x | ₹-49.53 Million |
| 2016 | 13.89% | 6.30% | 1.41x | 1.56x | ₹24.73 Million |
| 2017 | 2.23% | 1.06% | 1.11x | 1.90x | ₹-50.43 Million |
| 2018 | 7.65% | 3.36% | 1.61x | 1.42x | ₹-16.59 Million |
| 2019 | 27.83% | 18.13% | 1.22x | 1.25x | ₹174.06 Million |
| 2020 | 24.26% | 18.08% | 1.21x | 1.11x | ₹183.83 Million |
| 2021 | 9.51% | 13.33% | 0.67x | 1.07x | ₹-6.95 Million |
| 2022 | 12.90% | 11.17% | 0.90x | 1.29x | ₹47.37 Million |
| 2023 | 12.72% | 8.85% | 1.29x | 1.12x | ₹50.90 Million |
| 2024 | 5.90% | 5.90% | 0.96x | 1.05x | ₹-81.66 Million |
| 2025 | 4.69% | 7.02% | 0.63x | 1.06x | ₹-111.03 Million |
Industry Comparison
This section compares SPL Industries Limited's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $6,637,378,320
- Average return on equity (ROE) among peers: 4.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SPL Industries Limited (SPLIL) | ₹2.10 Billion | 9.51% | 0.06x | $2.06 Million |
| Aditya Birla Fashion and Retail Limited (ABFRL) | $14.29 Billion | 22.48% | 3.63x | $374.74 Million |
| Arvind Fashions Limited (ARVINDFASN) | $90.00K | -11.11% | 2.44x | $338.02 Million |
| Bang Overseas Limited (BANG) | $832.73 Million | 0.11% | 0.89x | $1.27 Million |
| Bhandari Hosiery Exports Limited (BHANDARI) | $739.08 Million | 7.19% | 1.78x | $4.21 Million |
| Cantabil Retail India Limited (CANTABIL) | $774.86 Million | 6.54% | 0.77x | $58.42 Million |
| Celebrity Fashions Limited (CELEBRITY) | $1.50 Billion | -3.67% | 1.62x | $2.27 Million |
| Dollar Industries Limited (DOLLAR) | $1.45 Billion | 18.11% | 2.55x | $62.71 Million |
| Filatex Fashions Limited (FILATFASH) | $23.12 Billion | 0.41% | 0.06x | $9.78 Million |
| Future Lifestyle Fashions Limited (FLFL) | $19.22 Billion | 2.34% | 1.13x | $2.50 Million |
| Gokaldas Exports Limited (GOKEX) | $4.44 Billion | 0.77% | 1.08x | $393.89 Million |