Sintex Plastics Technology Limited (SPTL) - Net Assets

Latest as of September 2024: Rs-197.70 Million INR ≈ $-2.14 Million USD

Based on the latest financial reports, Sintex Plastics Technology Limited (SPTL) has net assets worth Rs-197.70 Million INR (≈ $-2.14 Million USD) as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs8.80 Million ≈ $95.17K USD) and total liabilities (Rs206.50 Million ≈ $2.23 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 how resilient are Sintex Plastics Technology Limited's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs-197.70 Million
% of Total Assets	-2246.59%
Annual Growth Rate	N/A
5-Year Change	-101.23%
10-Year Change	-104.71%
Growth Volatility	195.92

Sintex Plastics Technology Limited - Net Assets Trend (2006–2024)

This chart illustrates how Sintex Plastics Technology Limited's net assets have evolved over time, based on quarterly financial data. Also explore SPTL total assets for the complete picture of this company's asset base.

Annual Net Assets for Sintex Plastics Technology Limited (2006–2024)

The table below shows the annual net assets of Sintex Plastics Technology Limited from 2006 to 2024. For live valuation and market cap data, see Sintex Plastics Technology Limited (SPTL) total market value.

Year	Net Assets	Change
2024-03-31	Rs-185.20 Million ≈ $-2.00 Million	+91.75%
2023-03-31	Rs-2.24 Billion ≈ $-24.28 Million	-462.08%
2022-03-31	Rs620.00 Million ≈ $6.71 Million	-92.51%
2021-03-31	Rs8.27 Billion ≈ $89.48 Million	-44.97%
2020-03-31	Rs15.04 Billion ≈ $162.60 Million	-57.98%
2019-03-31	Rs35.78 Billion ≈ $386.93 Million	+4.17%
2018-03-31	Rs34.34 Billion ≈ $371.43 Million	+10.23%
2017-03-31	Rs31.16 Billion ≈ $336.95 Million	+651.27%
2016-03-31	Rs4.15 Billion ≈ $44.85 Million	+5.44%
2015-03-31	Rs3.93 Billion ≈ $42.54 Million	+7.98%
2014-03-31	Rs3.64 Billion ≈ $39.39 Million	+3.25%
2013-03-31	Rs3.53 Billion ≈ $38.15 Million	+14.43%
2012-03-31	Rs3.08 Billion ≈ $33.34 Million	+5.34%
2011-03-31	Rs2.93 Billion ≈ $31.65 Million	+23.76%
2010-03-31	Rs2.36 Billion ≈ $25.58 Million	+20.45%
2009-03-31	Rs1.96 Billion ≈ $21.23 Million	+3.88%
2008-03-31	Rs1.89 Billion ≈ $20.44 Million	+6.21%
2007-03-31	Rs1.78 Billion ≈ $19.25 Million	+13.05%
2006-03-31	Rs1.57 Billion ≈ $17.02 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Sintex Plastics Technology 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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2024)

Component	Amount	Percentage
Common Stock	Rs636.20 Million	%
Total Equity	Rs-185.20 Million	100.00%

Sintex Plastics Technology Limited Competitors by Market Cap

The table below lists competitors of Sintex Plastics Technology Limited ranked by their market capitalization.

Company	Market Cap
Morgan Advanced Materials plc LSE:MGAM	$7.29 Million
Robogroup TA:ROBO	$7.29 Million
Raj Oil Mills Limited NSE:ROML	$7.32 Million
Digitree Group S.A WAR:DTR	$7.32 Million
Dr. Martens PLC LSE:DOCS	$7.29 Million
Anmol India Limited NSE:ANMOL	$7.29 Million
FUTURE METALS NL F:3R10	$7.28 Million
Brainstorm Cell Therapeutics Inc NASDAQ:BCLI	$7.28 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from -2,244,900,000 to -185,200,000, a change of 2,059,700,000.
Net income of 137,200,000 contributed positively to equity growth.
Other comprehensive income increased equity by 2,881,100,000.
Other factors decreased equity by 958,600,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	Rs137.20 Million	+74.08%
Other Comprehensive Income	Rs2.88 Billion	+1555.67%
Other Changes	Rs-958.60 Million	-517.6%
Total Change	Rs-	%

Book Value vs Market Value Analysis

This analysis compares Sintex Plastics Technology 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

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-03-31	Rs56.12	Rs1.06	x
2018-03-31	Rs58.86	Rs1.06	x
2019-03-31	Rs56.36	Rs1.06	x
2020-03-31	Rs23.76	Rs1.06	x
2021-03-31	Rs12.99	Rs1.06	x
2022-03-31	Rs0.83	Rs1.06	x
2023-03-31	Rs-3.53	Rs1.06	x
2024-03-31	Rs-0.29	Rs1.06	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sintex Plastics Technology 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): 0.00%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.00%
• Asset Turnover: 0.00x
• Equity Multiplier: 0.00x
Recent ROE (0.00%) is above the historical average (-43.82%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2007	18.52%	2.18%	2.77x	3.07x	Rs149.57 Million
2008	11.94%	1.52%	2.44x	3.21x	Rs36.62 Million
2009	9.77%	1.38%	2.20x	3.22x	Rs-4.50 Million
2010	25.57%	3.75%	2.05x	3.32x	Rs368.26 Million
2011	29.96%	4.51%	1.97x	3.37x	Rs584.22 Million
2012	10.18%	1.39%	2.15x	3.40x	Rs5.44 Million
2013	20.64%	2.48%	2.86x	2.92x	Rs375.43 Million
2014	8.40%	0.95%	3.29x	2.70x	Rs-58.37 Million
2015	9.08%	1.35%	3.00x	2.24x	Rs-36.32 Million
2016	13.76%	2.42%	2.51x	2.26x	Rs155.74 Million
2017	13.50%	7.44%	0.63x	2.87x	Rs1.09 Billion
2018	4.03%	2.50%	0.63x	2.57x	Rs-2.05 Billion
2019	2.64%	3.85%	0.28x	2.47x	Rs-2.63 Billion
2020	-75.33%	-123.39%	0.16x	3.88x	Rs-12.79 Billion
2021	-79.25%	-75.86%	0.15x	6.85x	Rs-7.33 Billion
2022	-812.13%	-46.07%	0.24x	72.24x	Rs-4.36 Billion
2023	0.00%	-18038.34%	1.29x	0.00x	Rs-5.42 Billion
2024	0.00%	0.00%	0.00x	0.00x	Rs155.72 Million

Industry Comparison

This section compares Sintex Plastics Technology Limited's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

Industry: Auto Parts
Average net assets among peers: $20,558,196,000
Average return on equity (ROE) among peers: 17.78%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Sintex Plastics Technology Limited (SPTL)	Rs-197.70 Million	18.52%	N/A	$7.29 Million
Asahi India Glass Limited (ASAHIINDIA)	$12.88 Billion	11.93%	2.00x	$2.31 Billion
ASK AUTOMOTIVE LIMITED (ASKAUTOLTD)	$10.43 Billion	23.74%	0.84x	$937.98 Million
Balkrishna Industries Limited (BALKRISIND)	$50.08 Billion	19.16%	0.36x	$4.52 Billion
Banco Products (I) Limited (BANCOINDIA)	$9.82 Billion	15.53%	0.56x	$956.83 Million
Bharat Gears Limited (BHARATGEAR)	$393.44 Million	22.33%	3.35x	$17.81 Million
Bosch Limited (BOSCHLTD)	$47.28 Billion	23.74%	0.51x	$11.48 Billion
CEAT Limited (CEATLTD)	$5.13 Billion	28.95%	2.06x	$1.50 Billion
CIE Automotive India Limited (CIEINDIA)	$49.08 Billion	2.17%	0.94x	$1.94 Billion
Craftsman Automation Limited (CRAFTSMAN)	$17.52 Billion	17.38%	1.69x	$1.98 Billion
Divgi Torqtransfer Systems Limited (DIVGIITTS)	$2.96 Billion	12.86%	0.23x	$238.35 Million

About Sintex Plastics Technology Limited

NSE:SPTL India Auto Parts

Market Cap

$7.29 Million

Rs674.32 Million INR

Market Cap Rank

#27585 Global

#1556 in India

Share Price

Rs1.06

Change (1 day)

+0.00%

52-Week Range

Rs1.06 - Rs1.06

All Time High

Rs112.90