Summit Securities Limited (SUMMITSEC) - Net Assets
Based on the latest financial reports, Summit Securities Limited (SUMMITSEC) has net assets worth Rs85.55 Billion INR (≈ $925.16 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 (Rs98.11 Billion ≈ $1.06 Billion USD) and total liabilities (Rs12.56 Billion ≈ $135.85 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 SUMMITSEC intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs85.55 Billion |
| % of Total Assets | 87.2% |
| Annual Growth Rate | 17.03% |
| 5-Year Change | 90.88% |
| 10-Year Change | 1517.63% |
| Growth Volatility | 57.47 |
Summit Securities Limited - Net Assets Trend (2005–2026)
This chart illustrates how Summit Securities Limited's net assets have evolved over time, based on quarterly financial data. See SUMMITSEC defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Summit Securities Limited (2005–2026)
The table below shows the annual net assets of Summit Securities Limited from 2005 to 2026. For live valuation and market cap data, see market cap of Summit Securities Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs85.55 Billion ≈ $925.16 Million |
-13.29% |
| 2025-03-31 | Rs98.66 Billion ≈ $1.07 Billion |
+9.51% |
| 2024-03-31 | Rs90.09 Billion ≈ $974.30 Million |
+76.45% |
| 2023-03-31 | Rs51.06 Billion ≈ $552.18 Million |
+13.93% |
| 2022-03-31 | Rs44.82 Billion ≈ $484.68 Million |
-9.21% |
| 2021-03-31 | Rs49.36 Billion ≈ $533.85 Million |
+114.63% |
| 2020-03-31 | Rs23.00 Billion ≈ $248.73 Million |
+202.70% |
| 2019-03-31 | Rs7.60 Billion ≈ $82.17 Million |
+16.87% |
| 2018-03-31 | Rs6.50 Billion ≈ $70.31 Million |
+22.93% |
| 2017-03-31 | Rs5.29 Billion ≈ $57.19 Million |
+1.33% |
| 2016-03-31 | Rs5.22 Billion ≈ $56.44 Million |
+10.81% |
| 2015-03-31 | Rs4.71 Billion ≈ $50.94 Million |
+5.52% |
| 2014-03-31 | Rs4.46 Billion ≈ $48.27 Million |
+3.82% |
| 2013-03-31 | Rs4.30 Billion ≈ $46.50 Million |
+3.20% |
| 2012-03-31 | Rs4.17 Billion ≈ $45.05 Million |
+3.24% |
| 2011-03-31 | Rs4.04 Billion ≈ $43.64 Million |
+1.95% |
| 2010-03-31 | Rs3.96 Billion ≈ $42.80 Million |
-1.21% |
| 2009-03-31 | Rs4.01 Billion ≈ $43.33 Million |
+142.51% |
| 2008-03-31 | Rs1.65 Billion ≈ $17.87 Million |
+9.91% |
| 2007-03-31 | Rs1.50 Billion ≈ $16.25 Million |
-19.71% |
| 2006-03-31 | Rs1.87 Billion ≈ $20.24 Million |
-40.52% |
| 2005-03-31 | Rs3.15 Billion ≈ $34.03 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Summit Securities 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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs109.02 Million | 0.13% |
| Other Components | Rs85.44 Billion | 99.87% |
| Total Equity | Rs85.55 Billion | 100.00% |
Summit Securities Limited Competitors by Market Cap
The table below lists competitors of Summit Securities Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
IM Vinaria Purcari SRL
RO:WINE
|
$185.04 Million |
|
Lithium Royalty Corp
TO:LIRC
|
$185.06 Million |
|
Kao Hsiung Chang Iron & Steel Corp
TW:2008
|
$185.20 Million |
|
Circio Holding ASA
OL:CRNA
|
$185.23 Million |
|
Naturelgaz Sanayi ve Ticaret AS
IS:NTGAZ
|
$184.99 Million |
|
AurosTechnology Inc.
KQ:322310
|
$184.91 Million |
|
Instabank ASA
OL:INSTA
|
$184.90 Million |
|
Urbana Corporation
TO:URB-A
|
$184.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Summit Securities Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 98,661,197,000 to 85,546,819,000, a change of -13,114,378,000 (-13.3%).
- Net income of 1,046,300,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 98,552,179,000.
- Other factors increased equity by 84,391,501,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs1.05 Billion | +1.22% |
| Other Comprehensive Income | Rs-98.55 Billion | -115.2% |
| Other Changes | Rs84.39 Billion | +98.65% |
| Total Change | Rs- | -13.29% |
Book Value vs Market Value Analysis
This analysis compares Summit Securities 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: 0.20x
- 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 18.15x to 0.20x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | Rs86.46 | Rs1569.40 | x |
| 2006-03-31 | Rs51.57 | Rs1569.40 | x |
| 2007-03-31 | Rs39.89 | Rs1569.40 | x |
| 2008-03-31 | Rs36.82 | Rs1569.40 | x |
| 2009-03-31 | Rs143.22 | Rs1569.40 | x |
| 2010-03-31 | Rs374.58 | Rs1569.40 | x |
| 2011-03-31 | Rs381.89 | Rs1569.40 | x |
| 2012-03-31 | Rs394.27 | Rs1569.40 | x |
| 2013-03-31 | Rs406.90 | Rs1569.40 | x |
| 2014-03-31 | Rs409.43 | Rs1569.40 | x |
| 2015-03-31 | Rs432.04 | Rs1569.40 | x |
| 2016-03-31 | Rs478.74 | Rs1569.40 | x |
| 2017-03-31 | Rs485.09 | Rs1569.40 | x |
| 2018-03-31 | Rs596.33 | Rs1569.40 | x |
| 2019-03-31 | Rs696.96 | Rs1569.40 | x |
| 2020-03-31 | Rs2109.72 | Rs1569.40 | x |
| 2021-03-31 | Rs4528.02 | Rs1569.40 | x |
| 2022-03-31 | Rs4111.01 | Rs1569.40 | x |
| 2023-03-31 | Rs4683.48 | Rs1569.40 | x |
| 2024-03-31 | Rs8279.47 | Rs1569.40 | x |
| 2025-03-31 | Rs9049.83 | Rs1569.40 | x |
| 2026-03-31 | Rs7847.61 | Rs1569.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Summit Securities 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): 1.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 72.60%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.15x
- Recent ROE (1.22%) is below the historical average (4.78%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 13.58% | 3.50% | 0.65x | 5.93x | Rs112.72 Million |
| 2006 | 26.34% | 2.85% | 1.17x | 7.91x | Rs305.81 Million |
| 2007 | 5.85% | 36.23% | 0.14x | 1.16x | Rs-62.42 Million |
| 2008 | -0.49% | -16.51% | 0.03x | 1.14x | Rs-173.09 Million |
| 2009 | 0.58% | 208.98% | 0.00x | 1.05x | Rs-373.74 Million |
| 2010 | 0.84% | 36.64% | 0.02x | 1.04x | Rs-362.66 Million |
| 2011 | 1.94% | 62.07% | 0.03x | 1.04x | Rs-325.04 Million |
| 2012 | 3.02% | 85.95% | 0.03x | 1.02x | Rs-290.78 Million |
| 2013 | 3.11% | 86.74% | 0.04x | 1.02x | Rs-296.14 Million |
| 2014 | 2.87% | 86.24% | 0.03x | 1.02x | Rs-318.15 Million |
| 2015 | 5.23% | 94.91% | 0.05x | 1.02x | Rs-224.51 Million |
| 2016 | 9.59% | 93.72% | 0.10x | 1.02x | Rs-21.25 Million |
| 2017 | 1.31% | 128.00% | 0.01x | 1.01x | Rs-459.61 Million |
| 2018 | 18.66% | 85.73% | 0.20x | 1.06x | Rs562.76 Million |
| 2019 | 4.54% | 92.27% | 0.05x | 1.01x | Rs-415.13 Million |
| 2020 | 3.13% | 87.74% | 0.03x | 1.07x | Rs-1.58 Billion |
| 2021 | 0.37% | 274.29% | 0.00x | 1.10x | Rs-4.75 Billion |
| 2022 | 1.13% | 78.98% | 0.01x | 1.10x | Rs-3.97 Billion |
| 2023 | 0.73% | 75.39% | 0.01x | 1.10x | Rs-4.74 Billion |
| 2024 | 0.84% | 109.82% | 0.01x | 1.12x | Rs-8.27 Billion |
| 2025 | 0.70% | 54.51% | 0.01x | 1.15x | Rs-9.18 Billion |
| 2026 | 1.22% | 72.60% | 0.01x | 1.15x | Rs-7.51 Billion |
Industry Comparison
This section compares Summit Securities Limited's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $5,506,022,628
- Average return on equity (ROE) among peers: 25.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Summit Securities Limited (SUMMITSEC) | Rs85.55 Billion | 13.58% | 0.15x | $185.03 Million |
| 21st Century Management Services Limited (21STCENMGM) | $473.23 Million | -12.16% | 0.46x | $3.79 Million |
| 5paisa Capital Ltd (5PAISA) | $176.30 Million | 20.03% | 0.97x | $164.26 Million |
| Abans Holdings Limited (AHL) | $6.60 Billion | 6.35% | 0.79x | $117.39 Million |
| AUTHUM INVESTMENT & INFRASTRUCTU ORD (BSE) (AIIL) | $34.16 Billion | 125.98% | 1.02x | $5.07 Billion |
| Almondz Global Securities Limited (ALMONDZ) | $1.25 Billion | -0.24% | 0.55x | $24.30 Million |
| Angel One Limited (ANGELONE) | $5.91 Billion | 13.92% | 2.70x | $3.47 Billion |
| Arihant Capital Markets Limited (ARIHANTCAP) | $1.50 Billion | 11.69% | 1.25x | $82.92 Million |
| Ausom Enterprise Limited (AUSOMENT) | $605.47 Million | 34.34% | 0.54x | $16.86 Million |
| Avonmore Capital & Management Services Limited (AVONMORE) | $3.94 Billion | 3.15% | 0.32x | $33.36 Million |
| Aditya Birla Money Limited (BIRLAMONEY) | $438.55 Million | 50.20% | 3.76x | $89.81 Million |
About Summit Securities Limited
Summit Securities Limited, a non-banking financial company, engages in investment and financial activities. The investments of the firm are typically long term in nature and predominantly in the equity markets. The firm typically invests in companies in real estate sector. Summit Securities Limited was formerly known as RPG Itochu Finance Limited. The company was incorporated on January 30, 1997 … Read more