Surya Roshni Limited (SURYAROSNI) - Net Assets
Based on the latest financial reports, Surya Roshni Limited (SURYAROSNI) has net assets worth Rs25.08 Billion INR (≈ $271.22 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 (Rs34.48 Billion ≈ $372.85 Million USD) and total liabilities (Rs9.40 Billion ≈ $101.63 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 SURYAROSNI asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs25.08 Billion |
| % of Total Assets | 72.74% |
| Annual Growth Rate | 15.66% |
| 5-Year Change | 80.3% |
| 10-Year Change | 184.08% |
| Growth Volatility | 37.17 |
Surya Roshni Limited - Net Assets Trend (2005–2025)
This chart illustrates how Surya Roshni Limited's net assets have evolved over time, based on quarterly financial data. Also explore Surya Roshni Limited total assets for the complete picture of this company's asset base.
Annual Net Assets for Surya Roshni Limited (2005–2025)
The table below shows the annual net assets of Surya Roshni Limited from 2005 to 2025. For live valuation and market cap data, see Surya Roshni Limited market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs24.65 Billion ≈ $266.60 Million |
+13.79% |
| 2024-03-31 | Rs21.66 Billion ≈ $234.29 Million |
+16.25% |
| 2023-03-31 | Rs18.64 Billion ≈ $201.54 Million |
+20.42% |
| 2022-03-31 | Rs15.48 Billion ≈ $167.36 Million |
+13.19% |
| 2021-03-31 | Rs13.67 Billion ≈ $147.87 Million |
+10.33% |
| 2020-03-31 | Rs12.39 Billion ≈ $134.02 Million |
+7.58% |
| 2019-03-31 | Rs11.52 Billion ≈ $124.57 Million |
+9.98% |
| 2018-03-31 | Rs10.47 Billion ≈ $113.26 Million |
+36.50% |
| 2017-03-31 | Rs7.67 Billion ≈ $82.97 Million |
-11.59% |
| 2016-03-31 | Rs8.68 Billion ≈ $93.85 Million |
+6.71% |
| 2015-03-31 | Rs8.13 Billion ≈ $87.95 Million |
+5.08% |
| 2014-03-31 | Rs7.74 Billion ≈ $83.69 Million |
-7.53% |
| 2013-03-31 | Rs8.37 Billion ≈ $90.51 Million |
+8.44% |
| 2012-03-31 | Rs7.72 Billion ≈ $83.47 Million |
+14.12% |
| 2011-03-31 | Rs6.76 Billion ≈ $73.14 Million |
+175.79% |
| 2010-03-31 | Rs2.45 Billion ≈ $26.52 Million |
+18.90% |
| 2009-03-31 | Rs2.06 Billion ≈ $22.31 Million |
+12.68% |
| 2008-03-31 | Rs1.83 Billion ≈ $19.79 Million |
+8.98% |
| 2007-03-31 | Rs1.68 Billion ≈ $18.16 Million |
+8.80% |
| 2006-03-31 | Rs1.54 Billion ≈ $16.69 Million |
+14.91% |
| 2005-03-31 | Rs1.34 Billion ≈ $14.53 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Surya Roshni 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 1627.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs18.82 Billion | 76.35% |
| Common Stock | Rs1.09 Billion | 4.41% |
| Other Comprehensive Income | Rs3.66 Billion | 14.85% |
| Other Components | Rs1.08 Billion | 4.39% |
| Total Equity | Rs24.65 Billion | 100.00% |
Surya Roshni Limited Competitors by Market Cap
The table below lists competitors of Surya Roshni Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MSC Income Fund, Inc.
NYSE:MSIF
|
$588.74 Million |
|
Ningbo Tianlong Electronics Co Ltd
SHG:603266
|
$588.76 Million |
|
Globalworth REIT
LSE:GWI
|
$588.83 Million |
|
Anhui Xinli Finance Co Ltd
SHG:600318
|
$588.97 Million |
|
Calian Technologies Ltd
TO:CGY
|
$588.57 Million |
|
Gladstone Commercial Corporation
NASDAQ:GOOD
|
$588.44 Million |
|
MH Robot & Automation Co. Ltd.
SHE:301199
|
$588.13 Million |
|
Tesna Inc
KQ:131970
|
$588.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Surya Roshni Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 21,663,900,000 to 24,652,200,000, a change of 2,988,300,000 (13.8%).
- Net income of 3,466,000,000 contributed positively to equity growth.
- Dividend payments of 544,100,000 reduced retained earnings.
- Share repurchases of 23,800,000 reduced equity.
- New share issuances of 23,800,000 increased equity.
- Other comprehensive income increased equity by 316,899,999.
- Other factors decreased equity by 250,499,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs3.47 Billion | +14.06% |
| Dividends Paid | Rs544.10 Million | -2.21% |
| Share Repurchases | Rs23.80 Million | -0.1% |
| Share Issuances | Rs23.80 Million | +0.1% |
| Other Comprehensive Income | Rs316.90 Million | +1.29% |
| Other Changes | Rs-250.50 Million | -1.02% |
| Total Change | Rs- | 13.79% |
Book Value vs Market Value Analysis
This analysis compares Surya Roshni 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: 2.21x
- 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 18.92x to 2.21x 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 | Rs13.22 | Rs250.12 | x |
| 2006-03-31 | Rs15.19 | Rs250.12 | x |
| 2007-03-31 | Rs15.69 | Rs250.12 | x |
| 2008-03-31 | Rs17.60 | Rs250.12 | x |
| 2009-03-31 | Rs19.31 | Rs250.12 | x |
| 2010-03-31 | Rs23.09 | Rs250.12 | x |
| 2011-03-31 | Rs45.31 | Rs250.12 | x |
| 2012-03-31 | Rs41.57 | Rs250.12 | x |
| 2013-03-31 | Rs41.77 | Rs250.12 | x |
| 2014-03-31 | Rs44.14 | Rs250.12 | x |
| 2015-03-31 | Rs36.70 | Rs250.12 | x |
| 2016-03-31 | Rs197.99 | Rs250.12 | x |
| 2017-03-31 | Rs141.01 | Rs250.12 | x |
| 2018-03-31 | Rs48.12 | Rs250.12 | x |
| 2019-03-31 | Rs52.93 | Rs250.12 | x |
| 2020-03-31 | Rs56.94 | Rs250.12 | x |
| 2021-03-31 | Rs63.30 | Rs250.12 | x |
| 2022-03-31 | Rs71.11 | Rs250.12 | x |
| 2023-03-31 | Rs85.94 | Rs250.12 | x |
| 2024-03-31 | Rs99.54 | Rs250.12 | x |
| 2025-03-31 | Rs113.30 | Rs250.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Surya Roshni 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): 14.06%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.69%
- • Asset Turnover: 2.28x
- • Equity Multiplier: 1.31x
- Recent ROE (14.06%) is above the historical average (10.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 7.89% | 1.06% | 1.86x | 4.01x | Rs-28.30 Million |
| 2006 | 11.64% | 1.78% | 1.76x | 3.73x | Rs25.39 Million |
| 2007 | 8.54% | 1.27% | 1.73x | 3.89x | Rs-23.88 Million |
| 2008 | 11.15% | 1.60% | 1.89x | 3.68x | Rs21.04 Million |
| 2009 | 10.72% | 1.45% | 1.99x | 3.72x | Rs14.52 Million |
| 2010 | 17.57% | 2.52% | 1.62x | 4.32x | Rs194.68 Million |
| 2011 | 10.67% | 2.93% | 1.24x | 2.95x | Rs42.42 Million |
| 2012 | 7.18% | 1.73% | 1.38x | 3.02x | Rs-205.69 Million |
| 2013 | 10.03% | 2.07% | 1.54x | 3.13x | Rs2.32 Million |
| 2014 | 6.89% | 1.78% | 1.45x | 2.68x | Rs-240.30 Million |
| 2015 | 8.40% | 1.91% | 1.36x | 3.23x | Rs-102.65 Million |
| 2016 | 7.75% | 2.27% | 1.38x | 2.47x | Rs-195.19 Million |
| 2017 | 11.25% | 2.74% | 1.49x | 2.76x | Rs95.56 Million |
| 2018 | 10.32% | 2.21% | 1.71x | 2.73x | Rs33.08 Million |
| 2019 | 10.49% | 2.05% | 1.95x | 2.63x | Rs56.24 Million |
| 2020 | 8.28% | 1.91% | 1.81x | 2.40x | Rs-213.72 Million |
| 2021 | 11.58% | 2.86% | 1.88x | 2.15x | Rs215.82 Million |
| 2022 | 13.24% | 2.66% | 2.48x | 2.01x | Rs501.62 Million |
| 2023 | 18.00% | 4.21% | 2.61x | 1.64x | Rs1.49 Billion |
| 2024 | 15.19% | 4.21% | 2.67x | 1.35x | Rs1.13 Billion |
| 2025 | 14.06% | 4.69% | 2.28x | 1.31x | Rs1.00 Billion |
Industry Comparison
This section compares Surya Roshni Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $2,407,957,405
- Average return on equity (ROE) among peers: -187.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Surya Roshni Limited (SURYAROSNI) | Rs25.08 Billion | 7.89% | 0.37x | $588.61 Million |
| Ankit Metal & Power Limited (ANKITMETAL) | $-7.85 Billion | 0.00% | 0.00x | $2.44 Million |
| APL Apollo Tubes Limited (APLAPOLLO) | $18.33 Billion | 19.65% | 0.85x | $5.72 Billion |
| Bansal Wire Industries Ltd (BANSALWIRE) | $2.23 Billion | 25.69% | 2.12x | $501.93 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $1.27 Billion | -6.80% | 3.37x | $38.63 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $4.35 Billion | -3.86% | 0.72x | $164.68 Million |
| Electrotherm (India) Limited (ELECTHERM) | $265.49 Million | -1960.00% | 134.73x | $111.23 Million |
| Grand Foundry Limited (GFSTEELS) | $-49.54 Million | 0.00% | 0.00x | $4.07 Million |
| Goodluck India Limited (GOODLUCK) | $490.54 Million | 25.50% | 2.98x | $451.00 Million |
| Godawari Power And Ispat limited (GPIL) | $4.56 Billion | 13.49% | 0.95x | $2.08 Billion |
| Hariom Pipe Industries Limited (HARIOMPIPE) | $482.99 Million | 16.37% | 1.89x | $111.44 Million |
About Surya Roshni Limited
Surya Roshni Limited manufactures and sells steel pipes and strips, and lighting and consumer durables in India. The company offers GI pipes for agriculture and irrigation, casing and tubing, water transportation/plumbing and pipelines, green houses, firefighting, street light poles, and solar panels; API/3LPE coated spiral pipes; CR strips; hollow section pipes; spiral welded pipes; cold rolled … Read more