Stel Holdings Limited (STEL) - Net Assets
Based on the latest financial reports, Stel Holdings Limited (STEL) has net assets worth Rs18.56 Billion INR (≈ $200.67 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 (Rs20.33 Billion ≈ $219.83 Million USD) and total liabilities (Rs1.77 Billion ≈ $19.16 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 Stel Holdings Limited liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs18.56 Billion |
| % of Total Assets | 91.29% |
| Annual Growth Rate | 46.4% |
| 5-Year Change | 125.41% |
| 10-Year Change | 1398.85% |
| Growth Volatility | 2976.69 |
Stel Holdings Limited - Net Assets Trend (2005–2025)
This chart illustrates how Stel Holdings Limited's net assets have evolved over time, based on quarterly financial data. Also explore Stel Holdings Limited (STEL) total assets for the complete picture of this company's asset base.
Annual Net Assets for Stel Holdings Limited (2005–2025)
The table below shows the annual net assets of Stel Holdings Limited from 2005 to 2025. For live valuation and market cap data, see STEL market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs17.53 Billion ≈ $189.60 Million |
+16.59% |
| 2024-03-31 | Rs15.04 Billion ≈ $162.62 Million |
+84.69% |
| 2023-03-31 | Rs8.14 Billion ≈ $88.05 Million |
+10.15% |
| 2022-03-31 | Rs7.39 Billion ≈ $79.94 Million |
-4.96% |
| 2021-03-31 | Rs7.78 Billion ≈ $84.11 Million |
+71.80% |
| 2020-03-31 | Rs4.53 Billion ≈ $48.96 Million |
-31.52% |
| 2019-03-31 | Rs6.61 Billion ≈ $71.49 Million |
-12.28% |
| 2018-03-31 | Rs7.54 Billion ≈ $81.50 Million |
+519.02% |
| 2017-03-31 | Rs1.22 Billion ≈ $13.17 Million |
+4.08% |
| 2016-03-31 | Rs1.17 Billion ≈ $12.65 Million |
-3.34% |
| 2015-03-31 | Rs1.21 Billion ≈ $13.09 Million |
+3.20% |
| 2014-03-31 | Rs1.17 Billion ≈ $12.68 Million |
+2.22% |
| 2013-03-31 | Rs1.15 Billion ≈ $12.40 Million |
+1.65% |
| 2012-03-31 | Rs1.13 Billion ≈ $12.20 Million |
+1.49% |
| 2011-03-31 | Rs1.11 Billion ≈ $12.02 Million |
+1.58% |
| 2010-03-31 | Rs1.09 Billion ≈ $11.84 Million |
+13023.72% |
| 2009-03-31 | Rs8.34 Million ≈ $90.20K |
-15.29% |
| 2006-03-31 | Rs9.85 Million ≈ $106.48K |
+14.93% |
| 2005-03-31 | Rs8.57 Million ≈ $92.65K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Stel Holdings 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 12995.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs1.06 Billion | 6.03% |
| Common Stock | Rs184.55 Million | 1.05% |
| Other Comprehensive Income | Rs15.40 Billion | 87.86% |
| Other Components | Rs887.38 Million | 5.06% |
| Total Equity | Rs17.53 Billion | 100.00% |
Stel Holdings Limited Competitors by Market Cap
The table below lists competitors of Stel Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bailador Technology Investments Ltd
AU:BTI
|
$93.27 Million |
|
Maeil Holdings Co. Ltd
KQ:005990
|
$93.28 Million |
|
MAISON POMMERY & ASSOCIES
PA:POMRY
|
$93.31 Million |
|
CFSB Bancorp Inc
NASDAQ:CFSB
|
$93.32 Million |
|
Bundamedik Tbk PT
JK:BMHS
|
$93.26 Million |
|
ShareHope Medicine Co Ltd
TWO:8403
|
$93.23 Million |
|
Bhagyanagar India Limited
NSE:BHAGYANGR
|
$93.22 Million |
|
Pantages Capital Acquisition Corporation.
NASDAQ:PGAC
|
$93.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Stel Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 15,037,362,000 to 17,531,472,000, a change of 2,494,110,000 (16.6%).
- Net income of 158,683,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 2,335,428,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs158.68 Million | +0.91% |
| Other Comprehensive Income | Rs2.34 Billion | +13.32% |
| Other Changes | Rs-1.00K | -0.0% |
| Total Change | Rs- | 16.59% |
Book Value vs Market Value Analysis
This analysis compares Stel Holdings 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: 0.49x
- 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 decreased from 2.80x to 0.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-03-31 | Rs166.81 | Rs467.30 | x |
| 2010-03-31 | Rs59.31 | Rs467.30 | x |
| 2011-03-31 | Rs60.24 | Rs467.30 | x |
| 2012-03-31 | Rs61.14 | Rs467.30 | x |
| 2013-03-31 | Rs62.15 | Rs467.30 | x |
| 2014-03-31 | Rs63.53 | Rs467.30 | x |
| 2015-03-31 | Rs65.56 | Rs467.30 | x |
| 2016-03-31 | Rs63.38 | Rs467.30 | x |
| 2017-03-31 | Rs65.96 | Rs467.30 | x |
| 2018-03-31 | Rs408.32 | Rs467.30 | x |
| 2019-03-31 | Rs358.18 | Rs467.30 | x |
| 2020-03-31 | Rs245.29 | Rs467.30 | x |
| 2021-03-31 | Rs421.42 | Rs467.30 | x |
| 2022-03-31 | Rs400.51 | Rs467.30 | x |
| 2023-03-31 | Rs441.17 | Rs467.30 | x |
| 2024-03-31 | Rs814.81 | Rs467.30 | x |
| 2025-03-31 | Rs950.11 | Rs467.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Stel Holdings 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): 0.91%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 72.43%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.09x
- Recent ROE (0.91%) is below the historical average (1.50%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 1.90% | 0.00% | 0.00x | 1.05x | Rs-675.90K |
| 2010 | 1.30% | 96.14% | 0.01x | 1.00x | Rs-95.18 Million |
| 2011 | 1.55% | 77.39% | 0.02x | 1.00x | Rs-93.94 Million |
| 2012 | 1.47% | 80.19% | 0.02x | 1.01x | Rs-96.28 Million |
| 2013 | 1.63% | 445.53% | 0.00x | 1.00x | Rs-96.04 Million |
| 2014 | 2.17% | 79.34% | 0.03x | 1.00x | Rs-91.81 Million |
| 2015 | 3.11% | 89.75% | 0.03x | 1.00x | Rs-83.39 Million |
| 2016 | -3.45% | -42.19% | 0.08x | 1.00x | Rs-157.33 Million |
| 2017 | 3.92% | 122.44% | 0.03x | 1.01x | Rs-74.05 Million |
| 2018 | 0.76% | 83.05% | 0.01x | 1.00x | Rs-696.09 Million |
| 2019 | 1.36% | 91.63% | 0.01x | 1.00x | Rs-571.18 Million |
| 2020 | 3.35% | 93.31% | 0.04x | 1.00x | Rs-301.01 Million |
| 2021 | 1.11% | 70.55% | 0.02x | 1.01x | Rs-691.20 Million |
| 2022 | 1.98% | 72.82% | 0.03x | 1.00x | Rs-593.08 Million |
| 2023 | 1.51% | 71.43% | 0.02x | 1.01x | Rs-691.61 Million |
| 2024 | 0.88% | 71.89% | 0.01x | 1.06x | Rs-1.37 Billion |
| 2025 | 0.91% | 72.43% | 0.01x | 1.09x | Rs-1.59 Billion |
Industry Comparison
This section compares Stel Holdings Limited's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $86,077,573,850
- Average return on equity (ROE) among peers: -1.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Stel Holdings Limited (STEL) | Rs18.56 Billion | 1.90% | 0.10x | $93.27 Million |
| 360 ONE WAM LIMITED (360ONE) | $70.65 Billion | 14.37% | 1.80x | $4.54 Billion |
| Aditya Birla Sun Life AMC Limited (ABSLAMC) | $21.96 Billion | 30.63% | 0.11x | $3.17 Billion |
| Anand Rathi Wealth Limited (ANANDRATHI) | $121.23 Million | -4.47% | 1.08x | $3.23 Billion |
| Bajaj Holdings & Investment Limited (BAJAJHLDNG) | $629.71 Billion | 11.54% | 0.03x | $12.36 Billion |
| BF Investment Limited (BFINVEST) | $32.98 Billion | 8.10% | 0.09x | $169.44 Million |
| GACM Technologies Limited (GATECH) | $20.59 Million | -48.44% | 3.76x | $5.84 Million |
| GACM Technologies Limited (GATECHDVR) | $20.59 Million | -48.44% | 3.76x | $943.54K |
| GFL Limited (GFLLIMITED) | $31.92 Billion | -3.87% | 2.00x | $57.71 Million |
| HDFC Asset Management Company Limited (HDFCAMC) | $61.08 Billion | 23.30% | 0.07x | $12.56 Billion |
| Jindal Photo Limited (JINDALPHOT) | $12.31 Billion | -2.50% | 4.86x | $123.17 Million |
About Stel Holdings Limited
STEL Holdings Limited, a core investment company, engages in the investment in securities of group companies in India. The company was formerly known as Sentinel Tea and Exports Limited and changed its name to STEL Holdings Limited in July 2011. STEL Holdings Limited was incorporated in 1990 and is based in Cochin, India.