Times Guaranty Limited
Team India Guaranty Limited, a non-deposit accepting non-banking financial company, provides investment and financial services in India. It focuses to invest own funds in safe debt instruments/eligible deposits. The company was formerly known as Times Guaranty Limited and changed its name to Team India Guaranty Limited in July 2025. The company was incorporated in 1989 and is based in Mumbai, Ind… Read more
Times Guaranty Limited (TIMESGTY) - Net Assets
Latest net assets as of March 2025: ₹477.68 Million INR
Based on the latest financial reports, Times Guaranty Limited (TIMESGTY) has net assets worth ₹477.68 Million INR as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹479.35 Million) and total liabilities (₹1.67 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹477.68 Million |
| % of Total Assets | 99.65% |
| Annual Growth Rate | 5.88% |
| 5-Year Change | 16.19% |
| 10-Year Change | 98.9% |
| Growth Volatility | 5.64 |
Times Guaranty Limited - Net Assets Trend (2006–2025)
This chart illustrates how Times Guaranty Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Times Guaranty Limited (2006–2025)
The table below shows the annual net assets of Times Guaranty Limited from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹477.68 Million | +5.14% |
| 2024-03-31 | ₹454.31 Million | +4.07% |
| 2023-03-31 | ₹436.53 Million | +2.21% |
| 2022-03-31 | ₹427.08 Million | +3.88% |
| 2021-03-31 | ₹411.12 Million | +18.93% |
| 2020-03-31 | ₹345.67 Million | +3.96% |
| 2019-03-31 | ₹332.50 Million | +16.44% |
| 2018-03-31 | ₹285.55 Million | +1.71% |
| 2017-03-31 | ₹280.74 Million | +16.89% |
| 2016-03-31 | ₹240.16 Million | -1.02% |
| 2015-03-31 | ₹242.65 Million | +0.75% |
| 2014-03-31 | ₹240.83 Million | +5.20% |
| 2013-03-31 | ₹228.93 Million | +9.24% |
| 2012-03-31 | ₹209.57 Million | +4.63% |
| 2011-03-31 | ₹200.29 Million | +1.53% |
| 2010-03-31 | ₹197.27 Million | +9.42% |
| 2009-03-31 | ₹180.29 Million | +7.78% |
| 2008-03-31 | ₹167.27 Million | +3.18% |
| 2007-03-31 | ₹162.12 Million | +0.46% |
| 2006-03-31 | ₹161.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Times Guaranty 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 38765400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹387.65 Million | 81.15% |
| Common Stock | ₹89.93 Million | 18.83% |
| Other Comprehensive Income | ₹387.74 Million | 81.17% |
| Total Equity | ₹477.68 Million | 100.00% |
Times Guaranty Limited Competitors by Market Cap
The table below lists competitors of Times Guaranty Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sasbadi Holdings Bhd
KLSE:5252
|
$5.94 Million |
|
Rougier S.A.
PA:ALRGR
|
$5.94 Million |
|
Vibhor Steel Tubes Limited
NSE:VSTL
|
$5.94 Million |
|
Standard Uranium Ltd.
OTCQB:STTDF
|
$5.95 Million |
|
Ajooni Biotech Limited
NSE:AJOONI
|
$5.94 Million |
|
Kintavar Exploration Inc
V:KTR
|
$5.94 Million |
|
China Jo-Jo Drugstores Inc
NASDAQ:CJJD
|
$5.94 Million |
|
Viettronics Tan Binh JSC
VN:VTB
|
$5.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Times Guaranty Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 454,313,000 to 477,675,000, a change of 23,362,000 (5.1%).
- Net income of 23,470,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 272,359,000.
- Other factors decreased equity by 272,467,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹23.47 Million | +4.91% |
| Other Comprehensive Income | ₹272.36 Million | +57.02% |
| Other Changes | ₹-272.47 Million | -57.04% |
| Total Change | ₹- | 5.14% |
Book Value vs Market Value Analysis
This analysis compares Times Guaranty 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: 4.69x
- 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 decreased from 13.82x to 4.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | ₹17.94 | ₹247.95 | x |
| 2007-03-31 | ₹18.03 | ₹247.95 | x |
| 2008-03-31 | ₹18.53 | ₹247.95 | x |
| 2009-03-31 | ₹20.05 | ₹247.95 | x |
| 2010-03-31 | ₹21.94 | ₹247.95 | x |
| 2011-03-31 | ₹22.27 | ₹247.95 | x |
| 2012-03-31 | ₹23.30 | ₹247.95 | x |
| 2013-03-31 | ₹25.46 | ₹247.95 | x |
| 2014-03-31 | ₹26.78 | ₹247.95 | x |
| 2015-03-31 | ₹26.98 | ₹247.95 | x |
| 2016-03-31 | ₹26.70 | ₹247.95 | x |
| 2017-03-31 | ₹31.22 | ₹247.95 | x |
| 2018-03-31 | ₹31.75 | ₹247.95 | x |
| 2019-03-31 | ₹36.97 | ₹247.95 | x |
| 2020-03-31 | ₹38.44 | ₹247.95 | x |
| 2021-03-31 | ₹45.71 | ₹247.95 | x |
| 2022-03-31 | ₹47.49 | ₹247.95 | x |
| 2023-03-31 | ₹48.54 | ₹247.95 | x |
| 2024-03-31 | ₹50.19 | ₹247.95 | x |
| 2025-03-31 | ₹52.92 | ₹247.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Times Guaranty 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): 4.91%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 66.50%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.00x
- Recent ROE (4.91%) is below the historical average (6.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 21.43% | 178.05% | 0.11x | 1.14x | ₹18.45 Million |
| 2007 | 8.01% | 64.15% | 0.11x | 1.14x | ₹-3.23 Million |
| 2008 | 3.08% | 355.88% | 0.01x | 1.14x | ₹-11.58 Million |
| 2009 | 7.22% | 109.85% | 0.06x | 1.15x | ₹-5.01 Million |
| 2010 | 8.61% | 81.86% | 0.09x | 1.13x | ₹-2.75 Million |
| 2011 | 1.51% | 49.65% | 0.03x | 1.13x | ₹-17.01 Million |
| 2012 | 4.43% | 80.41% | 0.05x | 1.03x | ₹-11.68 Million |
| 2013 | 8.46% | 81.33% | 0.10x | 1.03x | ₹-3.53 Million |
| 2014 | 4.94% | 72.23% | 0.07x | 1.03x | ₹-12.19 Million |
| 2015 | 0.76% | 32.40% | 0.02x | 1.03x | ₹-22.41 Million |
| 2016 | -1.03% | -202.03% | 0.00x | 1.04x | ₹-26.50 Million |
| 2017 | 14.45% | 72.80% | 0.19x | 1.03x | ₹12.50 Million |
| 2018 | 1.68% | 43.37% | 0.04x | 1.03x | ₹-23.74 Million |
| 2019 | 8.73% | 69.50% | 0.13x | 1.00x | ₹-4.23 Million |
| 2020 | 3.85% | 63.75% | 0.06x | 1.00x | ₹-21.26 Million |
| 2021 | 15.94% | 102.72% | 0.15x | 1.01x | ₹24.42 Million |
| 2022 | 3.67% | 128.42% | 0.03x | 1.00x | ₹-27.05 Million |
| 2023 | 2.15% | 52.43% | 0.04x | 1.00x | ₹-34.29 Million |
| 2024 | 3.94% | 146.41% | 0.03x | 1.00x | ₹-27.51 Million |
| 2025 | 4.91% | 66.50% | 0.07x | 1.00x | ₹-24.30 Million |
Industry Comparison
This section compares Times Guaranty Limited's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $91,674,427,584
- Average return on equity (ROE) among peers: 55.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Times Guaranty Limited (TIMESGTY) | ₹477.68 Million | 21.43% | 0.00x | $5.94 Million |
| 360 ONE WAM LIMITED (360ONE) | $29.10 Billion | 12.87% | 2.36x | $3.13 Billion |
| Aditya Birla Sun Life AMC Limited (ABSLAMC) | $37.27 Billion | 24.97% | 0.10x | $1.69 Billion |
| Anand Rathi Wealth Limited (ANANDRATHI) | $4.80 Billion | 35.08% | 0.30x | $1.32 Billion |
| Bajaj Holdings & Investment Limited (BAJAJHLDNG) | $726.69 Billion | 8.97% | 0.04x | $4.77 Billion |
| BF Investment Limited (BFINVEST) | $17.11 Billion | 8.44% | 0.13x | $27.74 Million |
| GACM Technologies Limited (GATECH) | $723.30 Million | 20.08% | 0.11x | $3.20 Million |
| GFL Limited (GFLLIMITED) | $59.60 Billion | 4.25% | 0.66x | $7.59 Million |
| HDFC Asset Management Company Limited (HDFCAMC) | $40.29 Billion | 31.33% | 0.07x | $5.53 Billion |
| Jindal Photo Limited (JINDALPHOT) | $983.01 Million | -0.04% | 0.20x | $18.21 Million |
| JIO Financial Services Ltd (JIOFIN) | $174.39 Million | 412.87% | 1.31x | $9.07 Billion |