S&S Power Switchgears Limited (S&SPOWER) - Net Assets
Based on the latest financial reports, S&S Power Switchgears Limited (S&SPOWER) has net assets worth Rs785.46 Million INR (≈ $8.49 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 (Rs2.30 Billion ≈ $24.84 Million USD) and total liabilities (Rs1.51 Billion ≈ $16.34 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 resilience ratio of S&S Power Switchgears Limited to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs785.46 Million |
| % of Total Assets | 34.2% |
| Annual Growth Rate | 1.29% |
| 5-Year Change | N/A |
| 10-Year Change | 25.17% |
| Growth Volatility | 72.48 |
S&S Power Switchgears Limited - Net Assets Trend (2014–2025)
This chart illustrates how S&S Power Switchgears Limited's net assets have evolved over time, based on quarterly financial data. Also explore S&SPOWER total assets for the complete picture of this company's asset base.
Annual Net Assets for S&S Power Switchgears Limited (2014–2025)
The table below shows the annual net assets of S&S Power Switchgears Limited from 2014 to 2025. For live valuation and market cap data, see market cap of S&S Power Switchgears Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs690.31 Million ≈ $7.47 Million |
+1700.79% |
| 2024-03-31 | Rs-43.12 Million ≈ $-466.36K |
+43.97% |
| 2023-03-31 | Rs-76.96 Million ≈ $-832.34K |
+31.45% |
| 2022-03-31 | Rs-112.27 Million ≈ $-1.21 Million |
-972.95% |
| 2021-03-31 | Rs-10.46 Million ≈ $-113.16K |
-223.13% |
| 2020-03-31 | Rs8.50 Million ≈ $91.90K |
-93.70% |
| 2019-03-31 | Rs134.88 Million ≈ $1.46 Million |
-32.67% |
| 2018-03-31 | Rs200.34 Million ≈ $2.17 Million |
-47.16% |
| 2017-03-31 | Rs379.15 Million ≈ $4.10 Million |
-31.25% |
| 2016-03-31 | Rs551.50 Million ≈ $5.96 Million |
+15.90% |
| 2015-03-31 | Rs475.82 Million ≈ $5.15 Million |
-20.67% |
| 2014-03-31 | Rs599.82 Million ≈ $6.49 Million |
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Equity Component Analysis
This analysis shows how different components contribute to S&S Power Switchgears 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 61859700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs123.42 Million | 17.88% |
| Other Components | Rs1.19 Billion | 171.73% |
| Total Equity | Rs690.31 Million | 100.00% |
S&S Power Switchgears Limited Competitors by Market Cap
The table below lists competitors of S&S Power Switchgears Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pollux Properti Indonesia Tbk PT
JK:POLL
|
$54.59 Million |
|
China Crystal New Material
KQ:900250
|
$54.62 Million |
|
Taiwan Taffeta Fabric Co Ltd
TW:1454
|
$54.63 Million |
|
High Roller Technologies, Inc.
NYSE MKT:ROLR
|
$54.64 Million |
|
Kanpur Plastipack Limited
NSE:KANPRPLA
|
$54.58 Million |
|
VOC Energy Trust
NYSE:VOC
|
$54.57 Million |
|
Element 25 Ltd
AU:E25
|
$54.54 Million |
|
Eastside Distilling, Inc.
NASDAQ:BLNE
|
$54.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in S&S Power Switchgears Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -54,119,000 to 690,310,000, a change of 744,429,000.
- Net loss of 37,918,000 reduced equity.
- Other comprehensive income decreased equity by 58,752,000.
- Other factors increased equity by 841,099,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-37.92 Million | -5.49% |
| Other Comprehensive Income | Rs-58.75 Million | -8.51% |
| Other Changes | Rs841.10 Million | +121.84% |
| Total Change | Rs- | % |
Book Value vs Market Value Analysis
This analysis compares S&S Power Switchgears 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: 7.31x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 5.03x to 7.31x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-03-31 | Rs81.33 | Rs408.90 | x |
| 2015-03-31 | Rs61.08 | Rs408.90 | x |
| 2016-03-31 | Rs69.22 | Rs408.90 | x |
| 2017-03-31 | Rs48.54 | Rs408.90 | x |
| 2018-03-31 | Rs26.69 | Rs408.90 | x |
| 2019-03-31 | Rs20.11 | Rs408.90 | x |
| 2020-03-31 | Rs0.04 | Rs408.90 | x |
| 2021-03-31 | Rs-2.73 | Rs408.90 | x |
| 2022-03-31 | Rs-18.26 | Rs408.90 | x |
| 2023-03-31 | Rs-12.41 | Rs408.90 | x |
| 2024-03-31 | Rs-8.73 | Rs408.90 | x |
| 2025-03-31 | Rs55.93 | Rs408.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently S&S Power Switchgears 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): -5.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.05%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 3.21x
- Recent ROE (-5.49%) is above the historical average (-4547.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 4.82% | 2.71% | 0.65x | 2.72x | Rs-26.12 Million |
| 2015 | 2.31% | 0.97% | 0.74x | 3.21x | Rs-29.12 Million |
| 2016 | 13.60% | 5.11% | 0.87x | 3.05x | Rs15.46 Million |
| 2017 | -10.40% | -2.76% | 0.93x | 4.05x | Rs-61.39 Million |
| 2018 | 18.17% | 2.92% | 1.00x | 6.22x | Rs13.52 Million |
| 2019 | -16.55% | -1.98% | 1.07x | 7.84x | Rs-33.10 Million |
| 2020 | -54577.10% | -15.59% | 0.94x | 3730.12x | Rs-143.02 Million |
| 2021 | 0.00% | -1.21% | 1.12x | 0.00x | Rs-14.18 Million |
| 2022 | 0.00% | -11.87% | 0.99x | 0.00x | Rs-119.77 Million |
| 2023 | 0.00% | 1.75% | 1.22x | 0.00x | Rs32.16 Million |
| 2024 | 0.00% | 1.81% | 1.15x | 0.00x | Rs34.27 Million |
| 2025 | -5.49% | -2.05% | 0.84x | 3.21x | Rs-106.95 Million |
Industry Comparison
This section compares S&S Power Switchgears Limited's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $7,679,177,378
- Average return on equity (ROE) among peers: 8.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| S&S Power Switchgears Limited (S&SPOWER) | Rs785.46 Million | 4.82% | 1.92x | $54.58 Million |
| Apar Industries Limited (APARINDS) | $2.88 Billion | -1.23% | 5.59x | $5.36 Billion |
| Amara Raja Batteries Limited (ARE&M) | $13.63 Billion | 26.96% | 0.46x | $1.73 Billion |
| Bharat Bijlee Limited (BBL) | $6.91 Billion | 8.82% | 0.61x | $378.55 Million |
| CG Power and Industrial Solutions Limited (CGPOWER) | $41.11 Billion | -11.94% | 1.48x | $13.85 Billion |
| Cords Cable Industries Limited (CORDSCABLE) | $1.46 Billion | 2.99% | 1.02x | $25.10 Million |
| De Nora India Limited (DENORA) | $392.64 Million | 10.83% | 0.24x | $49.12 Million |
| Dynamic Cables Limited (DYCL) | $270.46 Million | 25.13% | 4.97x | $194.13 Million |
| Elin Electronics Limited (ELIN) | $1.99 Billion | 14.61% | 1.00x | $65.09 Million |
| Eveready Industries India Limited (EVEREADY) | $5.93 Billion | 2.29% | 0.87x | $263.38 Million |
| Exicom Tele-Systems Limited (EXICOM) | $2.22 Billion | 2.32% | 1.72x | $173.57 Million |
About S&S Power Switchgears Limited
S&S Power Switchgear Limited, together with its subsidiaries, provides transmission and distribution equipment for the power sector in India and the United Kingdom. The company offers centre and double break, pantograph, and vertical break disconnectors; control and protection equipment; and spare parts; switchgears; P&C solutions; and electrical systems, products, and services. It also provides … Read more