Suraj Estate Developers Ltd. (SURAJEST) - Net Assets
Based on the latest financial reports, Suraj Estate Developers Ltd. (SURAJEST) has net assets worth Rs9.57 Billion INR (≈ $103.51 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 (Rs19.88 Billion ≈ $214.98 Million USD) and total liabilities (Rs10.31 Billion ≈ $111.46 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 SURAJEST asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs9.57 Billion |
| % of Total Assets | 48.15% |
| Annual Growth Rate | 81.16% |
| 5-Year Change | 2974.16% |
| 10-Year Change | N/A |
| Growth Volatility | 202.88 |
Suraj Estate Developers Ltd. - Net Assets Trend (2018–2025)
This chart illustrates how Suraj Estate Developers Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore SURAJEST total asset value for the complete picture of this company's asset base.
Annual Net Assets for Suraj Estate Developers Ltd. (2018–2025)
The table below shows the annual net assets of Suraj Estate Developers Ltd. from 2018 to 2025. For live valuation and market cap data, see SURAJEST stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs9.03 Billion ≈ $97.63 Million |
+74.87% |
| 2024-03-31 | Rs5.16 Billion ≈ $55.83 Million |
+621.85% |
| 2023-03-31 | Rs715.13 Million ≈ $7.73 Million |
+81.59% |
| 2022-03-31 | Rs393.81 Million ≈ $4.26 Million |
+34.11% |
| 2021-03-31 | Rs293.65 Million ≈ $3.18 Million |
+26.41% |
| 2020-03-31 | Rs232.30 Million ≈ $2.51 Million |
+6.01% |
| 2019-03-31 | Rs219.12 Million ≈ $2.37 Million |
+55.49% |
| 2018-03-31 | Rs140.92 Million ≈ $1.52 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Suraj Estate Developers Ltd.'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 234906300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs2.30 Billion | 25.49% |
| Common Stock | Rs231.37 Million | 2.56% |
| Other Comprehensive Income | Rs-169.78 Million | -1.88% |
| Other Components | Rs6.66 Billion | 73.82% |
| Total Equity | Rs9.03 Billion | 100.00% |
Suraj Estate Developers Ltd. Competitors by Market Cap
The table below lists competitors of Suraj Estate Developers Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Readytech Holdings Ltd
AU:RDY
|
$120.65 Million |
|
Atenor SA
BR:ATEB
|
$120.67 Million |
|
Thai Sugar Terminal Public Company Limited
BK:TSTE
|
$120.67 Million |
|
Paramount Gold Nevada Corp
NYSE MKT:PZG
|
$120.69 Million |
|
ZJK Industrial Co., Ltd
NASDAQ:ZJK
|
$120.62 Million |
|
Diffusion Engineers Ltd
NSE:DIFFNKG
|
$120.60 Million |
|
Pha Lai Thermal Power JSC
VN:PPC
|
$120.60 Million |
|
KCTC Co. Ltd
KO:009070
|
$120.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Suraj Estate Developers Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,161,890,000 to 9,027,020,000, a change of 3,865,130,000 (74.9%).
- Net income of 1,001,650,000 contributed positively to equity growth.
- Dividend payments of 44,360,000 reduced retained earnings.
- New share issuances of 2,935,130,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs1.00 Billion | +11.1% |
| Dividends Paid | Rs44.36 Million | -0.49% |
| Share Issuances | Rs2.94 Billion | +32.51% |
| Other Changes | Rs-27.29 Million | -0.3% |
| Total Change | Rs- | 74.88% |
Book Value vs Market Value Analysis
This analysis compares Suraj Estate Developers Ltd.'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: 1.23x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 55.09x to 1.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-03-31 | Rs4.24 | Rs233.48 | x |
| 2019-03-31 | Rs6.83 | Rs233.48 | x |
| 2020-03-31 | Rs7.25 | Rs233.48 | x |
| 2021-03-31 | Rs6.57 | Rs233.48 | x |
| 2022-03-31 | Rs8.83 | Rs233.48 | x |
| 2023-03-31 | Rs16.09 | Rs233.48 | x |
| 2024-03-31 | Rs148.26 | Rs233.48 | x |
| 2025-03-31 | Rs189.72 | Rs233.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Suraj Estate Developers Ltd. 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): 11.10%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.24%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 1.93x
- Recent ROE (11.10%) is below the historical average (21.93%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 4.17% | 2.61% | 0.08x | 19.84x | Rs-8.22 Million |
| 2019 | 7.24% | 4.51% | 0.06x | 27.51x | Rs-5.99 Million |
| 2020 | 6.29% | 1.66% | 0.12x | 30.84x | Rs-8.53 Million |
| 2021 | 21.14% | 2.57% | 0.30x | 27.17x | Rs32.48 Million |
| 2022 | 67.35% | 9.67% | 0.32x | 22.06x | Rs224.59 Million |
| 2023 | 45.05% | 10.52% | 0.32x | 13.20x | Rs250.21 Million |
| 2024 | 13.08% | 16.37% | 0.32x | 2.50x | Rs158.80 Million |
| 2025 | 11.10% | 18.24% | 0.31x | 1.93x | Rs98.95 Million |
Industry Comparison
This section compares Suraj Estate Developers Ltd.'s net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $6,311,605,979
- Average return on equity (ROE) among peers: 3.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Suraj Estate Developers Ltd. (SURAJEST) | Rs9.57 Billion | 4.17% | 1.08x | $120.63 Million |
| Ajmera Realty & Infra India Limited (AJMERA) | $13.23 Billion | 9.52% | 0.70x | $264.54 Million |
| Amj Land Holdings Limited (AMJLAND) | $1.15 Billion | 6.52% | 1.03x | $17.89 Million |
| Ansal Properties & Infrastructure Limited (ANSALAPI) | $2.63 Billion | -53.33% | 31.00x | $6.43 Million |
| Arihant Superstructures Limited (ARIHANTSUP) | $3.18 Billion | 23.52% | 2.76x | $129.05 Million |
| Arkade Developers Ltd (ARKADE) | $3.24 Billion | 37.99% | 0.78x | $236.65 Million |
| Art Nirman Limited (ARTNIRMAN) | $449.80 Million | 1.82% | 2.07x | $12.02 Million |
| Arvind SmartSpaces Limited (ARVSMART) | $2.65 Billion | 11.57% | 1.93x | $306.52 Million |
| Ashiana Housing Limited (ASHIANA) | $7.60 Billion | 3.67% | 1.90x | $372.51 Million |
| Ashima Limited (ASHIMASYN) | $2.21 Billion | -1.53% | 0.34x | $33.08 Million |
| Valor Estate Limited (DBREALTY) | $26.78 Billion | -2.31% | 1.43x | $607.53 Million |
About Suraj Estate Developers Ltd.
Suraj Estate Developers Limited, together with its subsidiaries, engages in the real estate development business in India. The company develops and sells residential and commercial properties and projects. Suraj Estate Developers Limited was incorporated in 1986 and is based in Mumbai, India.