TIL Limited (TIL) - Net Assets
Based on the latest financial reports, TIL Limited (TIL) has net assets worth Rs835.20 Million INR (≈ $9.03 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 (Rs5.64 Billion ≈ $61.04 Million USD) and total liabilities (Rs4.81 Billion ≈ $52.00 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. Explore TIL Limited (TIL) cash conversion ratio to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs835.20 Million |
| % of Total Assets | 14.8% |
| Annual Growth Rate | -1.33% |
| 5-Year Change | -64.18% |
| 10-Year Change | -71.34% |
| Growth Volatility | 62.18 |
TIL Limited - Net Assets Trend (2006–2025)
This chart illustrates how TIL Limited's net assets have evolved over time, based on quarterly financial data. Explore TIL Limited long-term investment intensity to see how much of total assets are deployed in long-term investments.
Annual Net Assets for TIL Limited (2006–2025)
The table below shows the annual net assets of TIL Limited from 2006 to 2025. For live valuation and market cap data, see how much is TIL Limited worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs823.60 Million ≈ $8.91 Million |
+160.72% |
| 2024-03-31 | Rs315.90 Million ≈ $3.42 Million |
+110.81% |
| 2023-03-31 | Rs-2.92 Billion ≈ $-31.62 Million |
-45.47% |
| 2022-03-31 | Rs-2.01 Billion ≈ $-21.74 Million |
-187.42% |
| 2021-03-31 | Rs2.30 Billion ≈ $24.86 Million |
-23.15% |
| 2020-03-31 | Rs2.99 Billion ≈ $32.35 Million |
-5.91% |
| 2019-03-31 | Rs3.18 Billion ≈ $34.38 Million |
+5.94% |
| 2018-03-31 | Rs3.00 Billion ≈ $32.45 Million |
-3.93% |
| 2017-03-31 | Rs3.12 Billion ≈ $33.78 Million |
+8.70% |
| 2016-03-31 | Rs2.87 Billion ≈ $31.08 Million |
-12.90% |
| 2015-03-31 | Rs3.30 Billion ≈ $35.69 Million |
-9.38% |
| 2014-03-31 | Rs3.64 Billion ≈ $39.38 Million |
+1.87% |
| 2013-03-31 | Rs3.57 Billion ≈ $38.66 Million |
+1.75% |
| 2012-03-31 | Rs3.51 Billion ≈ $37.99 Million |
+7.10% |
| 2011-03-31 | Rs3.28 Billion ≈ $35.47 Million |
+18.85% |
| 2010-03-31 | Rs2.76 Billion ≈ $29.85 Million |
+18.50% |
| 2009-03-31 | Rs2.33 Billion ≈ $25.19 Million |
+29.30% |
| 2008-03-31 | Rs1.80 Billion ≈ $19.48 Million |
+48.08% |
| 2007-03-31 | Rs1.22 Billion ≈ $13.16 Million |
+14.45% |
| 2006-03-31 | Rs1.06 Billion ≈ $11.49 Million |
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Equity Component Analysis
This analysis shows how different components contribute to TIL 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 135860000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs666.00 Million | 80.86% |
| Other Comprehensive Income | Rs718.70 Million | 87.26% |
| Other Components | Rs797.50 Million | 96.83% |
| Total Equity | Rs823.60 Million | 100.00% |
TIL Limited Competitors by Market Cap
The table below lists competitors of TIL Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
USBC, Inc.
NYSE MKT:USBC
|
$151.38 Million |
|
Leclanche SA
SW:LECN
|
$151.41 Million |
|
Daesung Ind
KO:128820
|
$151.41 Million |
|
Ulusoy Un Sanayi ve Ticaret AS
IS:ULUUN
|
$151.52 Million |
|
WW International, Inc. Common Stock
NASDAQ:WW
|
$151.30 Million |
|
KOLIBRI GLOBAL ENERGY INC
F:B120
|
$151.30 Million |
|
Tectonic Metals Inc
V:TECT
|
$151.24 Million |
|
First Capital Inc
NASDAQ:FCAP
|
$151.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TIL Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 315,900,000 to 823,600,000, a change of 507,700,000 (160.7%).
- Net income of 28,600,000 contributed positively to equity growth.
- Dividend payments of 251,600,000 reduced retained earnings.
- Share repurchases of 490,800,000 reduced equity.
- New share issuances of 490,800,000 increased equity.
- Other comprehensive income increased equity by 300,000.
- Other factors increased equity by 730,400,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs28.60 Million | +3.47% |
| Dividends Paid | Rs251.60 Million | -30.55% |
| Share Repurchases | Rs490.80 Million | -59.59% |
| Share Issuances | Rs490.80 Million | +59.59% |
| Other Comprehensive Income | Rs300.00K | +0.04% |
| Other Changes | Rs730.40 Million | +88.68% |
| Total Change | Rs- | 160.72% |
Book Value vs Market Value Analysis
This analysis compares TIL 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: 9.40x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 1.59x to 9.40x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-03-31 | Rs125.02 | Rs198.88 | x |
| 2008-03-31 | Rs180.34 | Rs198.88 | x |
| 2009-03-31 | Rs232.22 | Rs198.88 | x |
| 2010-03-31 | Rs275.17 | Rs198.88 | x |
| 2011-03-31 | Rs327.03 | Rs198.88 | x |
| 2012-03-31 | Rs350.24 | Rs198.88 | x |
| 2013-03-31 | Rs356.36 | Rs198.88 | x |
| 2014-03-31 | Rs363.02 | Rs198.88 | x |
| 2015-03-31 | Rs328.97 | Rs198.88 | x |
| 2016-03-31 | Rs286.52 | Rs198.88 | x |
| 2017-03-31 | Rs311.44 | Rs198.88 | x |
| 2018-03-31 | Rs299.19 | Rs198.88 | x |
| 2019-03-31 | Rs316.96 | Rs198.88 | x |
| 2020-03-31 | Rs294.24 | Rs198.88 | x |
| 2021-03-31 | Rs226.14 | Rs198.88 | x |
| 2022-03-31 | Rs-197.69 | Rs198.88 | x |
| 2023-03-31 | Rs-287.58 | Rs198.88 | x |
| 2024-03-31 | Rs27.65 | Rs198.88 | x |
| 2025-03-31 | Rs21.17 | Rs198.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TIL 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): 3.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.91%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 6.34x
- Recent ROE (3.47%) is below the historical average (46.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 19.17% | 3.12% | 1.64x | 3.74x | Rs111.59 Million |
| 2008 | 23.93% | 4.19% | 1.84x | 3.10x | Rs250.91 Million |
| 2009 | 19.20% | 4.47% | 1.80x | 2.39x | Rs214.32 Million |
| 2010 | 21.57% | 5.91% | 1.54x | 2.37x | Rs319.26 Million |
| 2011 | 18.35% | 4.53% | 1.42x | 2.85x | Rs273.93 Million |
| 2012 | 4.37% | 1.11% | 1.33x | 2.96x | Rs-197.90 Million |
| 2013 | 1.21% | 0.37% | 1.01x | 3.26x | Rs-314.34 Million |
| 2014 | 2.73% | 0.76% | 0.99x | 3.63x | Rs-264.82 Million |
| 2015 | 1.43% | 0.32% | 1.16x | 3.84x | Rs-282.77 Million |
| 2016 | -15.17% | -2.51% | 1.19x | 5.10x | Rs-723.29 Million |
| 2017 | 8.47% | 8.67% | 0.54x | 1.83x | Rs-47.88 Million |
| 2018 | 2.53% | 2.21% | 0.53x | 2.14x | Rs-224.30 Million |
| 2019 | 7.28% | 5.36% | 0.60x | 2.25x | Rs-86.32 Million |
| 2020 | -6.18% | -4.94% | 0.51x | 2.46x | Rs-484.14 Million |
| 2021 | -29.79% | -22.01% | 0.42x | 3.21x | Rs-914.70 Million |
| 2022 | 0.00% | -650.92% | 0.17x | 0.00x | Rs-4.11 Billion |
| 2023 | 0.00% | -207.67% | 0.13x | 0.00x | Rs-617.84 Million |
| 2024 | 803.74% | 379.46% | 0.16x | 13.09x | Rs2.51 Billion |
| 2025 | 3.47% | 0.91% | 0.60x | 6.34x | Rs-53.76 Million |
Industry Comparison
This section compares TIL Limited's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $1,147,697,179
- Average return on equity (ROE) among peers: 11.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TIL Limited (TIL) | Rs835.20 Million | 19.17% | 5.76x | $151.31 Million |
| Debock Industries Limited (DIL) | $15.97 Million | 31.97% | 17.83x | $1.69 Million |
| Eimco Elecon (India) Limited (EIMCOELECO) | $2.05 Billion | 10.50% | 0.19x | $100.62 Million |
| Escorts Kubota Limited (ESCORTS) | $16.57 Billion | 4.45% | 1.14x | $3.43 Billion |
| HMT Limited (HMT) | $-17.52 Billion | 0.00% | 0.00x | $742.50 Million |
| Mahindra EPC Irrigation Limited (MAHEPC) | $1.85 Billion | 6.86% | 0.90x | $35.80 Million |
| Olectra Greentech Limited (OLECTRA) | $869.31 Million | 11.52% | 0.51x | $1.09 Billion |
| V.S.T Tillers Tractors Limited (VSTTILLERS) | $4.20 Billion | 17.65% | 0.27x | $433.54 Million |
About TIL Limited
TIL Limited, together with its subsidiary, TIL Overseas PTE Limited, provides materials handling solutions in India and internationally. It offers material handling, lifting, port, and road construction equipment; rough terrain, truck, pick and carry, and articulating cranes; manitowoc crawler and grove cranes; and reach stackers, forklift trucks, and container handlers, as well as offers boom li… Read more