Summit Securities Limited (SUMMITSEC) - Net Assets
Based on the latest financial reports, Summit Securities Limited (SUMMITSEC) has net assets worth Rs111.78 Billion INR (≈ $1.21 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs128.88 Billion ≈ $1.39 Billion USD) and total liabilities (Rs17.10 Billion ≈ $184.91 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 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs111.78 Billion |
| % of Total Assets | 86.73% |
| Annual Growth Rate | 18.8% |
| 5-Year Change | 99.87% |
| 10-Year Change | 1790.36% |
| Growth Volatility | 58.18 |
Summit Securities Limited - Net Assets Trend (2005–2025)
This chart illustrates how Summit Securities Limited's net assets have evolved over time, based on quarterly financial data. Also explore Summit Securities Limited balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Summit Securities Limited (2005–2025)
The table below shows the annual net assets of Summit Securities Limited from 2005 to 2025. For live valuation and market cap data, see market cap of Summit Securities Limited.
| Year | Net Assets | Change |
|---|---|---|
| 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 grown by 491761400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs4.92 Billion | 4.98% |
| Common Stock | Rs109.02 Million | 0.11% |
| Other Comprehensive Income | Rs98.55 Billion | 99.89% |
| Total Equity | Rs98.66 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 |
|---|---|
|
CoreCard Corp
NYSE:CCRD
|
$183.90 Million |
|
Formosa Optical Technology Co Ltd
TWO:5312
|
$183.92 Million |
|
Smurfit Westrock Plc
LSE:SWR
|
$184.02 Million |
|
Allgeier SE
XETRA:AEIN
|
$184.03 Million |
|
Dollar Industries Limited
NSE:DOLLAR
|
$183.89 Million |
|
H&R GmbH & Co. KGaA
XETRA:2HRA
|
$183.88 Million |
|
BIDV Insurance Corp
VN:BIC
|
$183.87 Million |
|
Consumer Portfolio Services Inc
NASDAQ:CPSS
|
$183.79 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 2024 to 2025, total equity changed from 90,260,922,000 to 98,661,197,000, a change of 8,400,275,000 (9.3%).
- Net income of 685,957,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 17,529,996,000.
- Other factors decreased equity by 9,815,678,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs685.96 Million | +0.7% |
| Other Comprehensive Income | Rs17.53 Billion | +17.77% |
| Other Changes | Rs-9.82 Billion | -9.95% |
| Total Change | Rs- | 9.31% |
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: 0.17x
- 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 18.04x to 0.17x 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 | Rs1559.70 | x |
| 2006-03-31 | Rs51.57 | Rs1559.70 | x |
| 2007-03-31 | Rs39.89 | Rs1559.70 | x |
| 2008-03-31 | Rs36.82 | Rs1559.70 | x |
| 2009-03-31 | Rs143.22 | Rs1559.70 | x |
| 2010-03-31 | Rs374.58 | Rs1559.70 | x |
| 2011-03-31 | Rs381.89 | Rs1559.70 | x |
| 2012-03-31 | Rs394.27 | Rs1559.70 | x |
| 2013-03-31 | Rs406.90 | Rs1559.70 | x |
| 2014-03-31 | Rs409.43 | Rs1559.70 | x |
| 2015-03-31 | Rs432.04 | Rs1559.70 | x |
| 2016-03-31 | Rs478.74 | Rs1559.70 | x |
| 2017-03-31 | Rs485.09 | Rs1559.70 | x |
| 2018-03-31 | Rs596.33 | Rs1559.70 | x |
| 2019-03-31 | Rs696.96 | Rs1559.70 | x |
| 2020-03-31 | Rs2109.72 | Rs1559.70 | x |
| 2021-03-31 | Rs4528.02 | Rs1559.70 | x |
| 2022-03-31 | Rs4111.01 | Rs1559.70 | x |
| 2023-03-31 | Rs4683.48 | Rs1559.70 | x |
| 2024-03-31 | Rs8279.47 | Rs1559.70 | x |
| 2025-03-31 | Rs9049.83 | Rs1559.70 | 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): 0.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 54.51%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.15x
- Recent ROE (0.70%) is below the historical average (4.95%), 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 |
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: $1,760,362,035
- Average return on equity (ROE) among peers: 9.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Summit Securities Limited (SUMMITSEC) | Rs111.78 Billion | 13.58% | 0.15x | $183.89 Million |
| 21st Century Management Services Limited (21STCENMGM) | $456.10 Million | 12.69% | 0.44x | $4.15 Million |
| 5paisa Capital Ltd (5PAISA) | $121.33 Million | -45.32% | 2.67x | $113.39 Million |
| Abans Holdings Limited (AHL) | $7.36 Billion | 8.41% | 0.59x | $117.39 Million |
| AUTHUM INVESTMENT & INFRASTRUCTU ORD (BSE) (AIIL) | $552.74 Million | 2.13% | 0.52x | $4.33 Billion |
| Almondz Global Securities Limited (ALMONDZ) | $1.10 Billion | 10.23% | 0.67x | $30.95 Million |
| Angel One Limited (ANGELONE) | $3.47 Billion | 12.65% | 1.81x | $3.03 Billion |
| Arihant Capital Markets Limited (ARIHANTCAP) | $1.19 Billion | 17.41% | 1.60x | $83.11 Million |
| Ausom Enterprise Limited (AUSOMENT) | $605.47 Million | 34.34% | 0.54x | $21.77 Million |
| Avonmore Capital & Management Services Limited (AVONMORE) | $1.13 Billion | 5.92% | 0.68x | $37.72 Million |
| Aditya Birla Money Limited (BIRLAMONEY) | $1.63 Billion | 32.55% | 12.01x | $89.41 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