Times Guaranty Limited (TIMESGTY) - Net Assets

Latest as of March 2025: Rs477.68 Million INR ≈ $5.17 Million USD

Based on the latest financial reports, Times Guaranty Limited (TIMESGTY) has net assets worth Rs477.68 Million INR (≈ $5.17 Million USD) as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs479.35 Million ≈ $5.18 Million USD) and total liabilities (Rs1.67 Million ≈ $18.08K 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 Times Guaranty Limited (TIMESGTY) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs477.68 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. See Times Guaranty Limited (TIMESGTY) defensive interval to measure how many days the company can operate on defensive assets alone.

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. For live valuation and market cap data, see TIMESGTY market cap.

Year	Net Assets	Change
2025-03-31	Rs477.68 Million ≈ $5.17 Million	+5.14%
2024-03-31	Rs454.31 Million ≈ $4.91 Million	+4.07%
2023-03-31	Rs436.53 Million ≈ $4.72 Million	+2.21%
2022-03-31	Rs427.08 Million ≈ $4.62 Million	+3.88%
2021-03-31	Rs411.12 Million ≈ $4.45 Million	+18.93%
2020-03-31	Rs345.67 Million ≈ $3.74 Million	+3.96%
2019-03-31	Rs332.50 Million ≈ $3.60 Million	+16.44%
2018-03-31	Rs285.55 Million ≈ $3.09 Million	+1.71%
2017-03-31	Rs280.74 Million ≈ $3.04 Million	+16.89%
2016-03-31	Rs240.16 Million ≈ $2.60 Million	-1.02%
2015-03-31	Rs242.65 Million ≈ $2.62 Million	+0.75%
2014-03-31	Rs240.83 Million ≈ $2.60 Million	+5.20%
2013-03-31	Rs228.93 Million ≈ $2.48 Million	+9.24%
2012-03-31	Rs209.57 Million ≈ $2.27 Million	+4.63%
2011-03-31	Rs200.29 Million ≈ $2.17 Million	+1.53%
2010-03-31	Rs197.27 Million ≈ $2.13 Million	+9.42%
2009-03-31	Rs180.29 Million ≈ $1.95 Million	+7.78%
2008-03-31	Rs167.27 Million ≈ $1.81 Million	+3.18%
2007-03-31	Rs162.12 Million ≈ $1.75 Million	+0.46%
2006-03-31	Rs161.38 Million ≈ $1.75 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	Rs387.65 Million	81.15%
Common Stock	Rs89.93 Million	18.83%
Other Comprehensive Income	Rs387.74 Million	81.17%
Total Equity	Rs477.68 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
Choo Bee Metal Industries Bhd KLSE:5797	$24.12 Million
Daesung Eltec Co. Ltd KQ:025440	$24.13 Million
Yeong Hwa Meta KO:012280	$24.13 Million
Giyani Metals Corp V:EMM	$24.15 Million
Kalyani Forge Limited NSE:KALYANIFRG	$24.11 Million
Kainos Medicine Inc KQ:284620	$24.10 Million
Dragonfly Energy Holdings Corp. NASDAQ:DFLI	$24.09 Million
Glunz & Jensen CO:GJ	$24.08 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	Rs23.47 Million	+4.91%
Other Comprehensive Income	Rs272.36 Million	+57.02%
Other Changes	Rs-272.47 Million	-57.04%
Total Change	Rs-	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	Rs17.94	Rs247.95	x
2007-03-31	Rs18.03	Rs247.95	x
2008-03-31	Rs18.53	Rs247.95	x
2009-03-31	Rs20.05	Rs247.95	x
2010-03-31	Rs21.94	Rs247.95	x
2011-03-31	Rs22.27	Rs247.95	x
2012-03-31	Rs23.30	Rs247.95	x
2013-03-31	Rs25.46	Rs247.95	x
2014-03-31	Rs26.78	Rs247.95	x
2015-03-31	Rs26.98	Rs247.95	x
2016-03-31	Rs26.70	Rs247.95	x
2017-03-31	Rs31.22	Rs247.95	x
2018-03-31	Rs31.75	Rs247.95	x
2019-03-31	Rs36.97	Rs247.95	x
2020-03-31	Rs38.44	Rs247.95	x
2021-03-31	Rs45.71	Rs247.95	x
2022-03-31	Rs47.49	Rs247.95	x
2023-03-31	Rs48.54	Rs247.95	x
2024-03-31	Rs50.19	Rs247.95	x
2025-03-31	Rs52.92	Rs247.95	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	Rs18.45 Million
2007	8.01%	64.15%	0.11x	1.14x	Rs-3.23 Million
2008	3.08%	355.88%	0.01x	1.14x	Rs-11.58 Million
2009	7.22%	109.85%	0.06x	1.15x	Rs-5.01 Million
2010	8.61%	81.86%	0.09x	1.13x	Rs-2.75 Million
2011	1.51%	49.65%	0.03x	1.13x	Rs-17.01 Million
2012	4.43%	80.41%	0.05x	1.03x	Rs-11.68 Million
2013	8.46%	81.33%	0.10x	1.03x	Rs-3.53 Million
2014	4.94%	72.23%	0.07x	1.03x	Rs-12.19 Million
2015	0.76%	32.40%	0.02x	1.03x	Rs-22.41 Million
2016	-1.03%	-202.03%	0.00x	1.04x	Rs-26.50 Million
2017	14.45%	72.80%	0.19x	1.03x	Rs12.50 Million
2018	1.68%	43.37%	0.04x	1.03x	Rs-23.74 Million
2019	8.73%	69.50%	0.13x	1.00x	Rs-4.23 Million
2020	3.85%	63.75%	0.06x	1.00x	Rs-21.26 Million
2021	15.94%	102.72%	0.15x	1.01x	Rs24.42 Million
2022	3.67%	128.42%	0.03x	1.00x	Rs-27.05 Million
2023	2.15%	52.43%	0.04x	1.00x	Rs-34.29 Million
2024	3.94%	146.41%	0.03x	1.00x	Rs-27.51 Million
2025	4.91%	66.50%	0.07x	1.00x	Rs-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: $33,403,081,403
Average return on equity (ROE) among peers: 15.91%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Times Guaranty Limited (TIMESGTY)	Rs477.68 Million	21.43%	0.00x	$24.11 Million
360 ONE WAM LIMITED (360ONE)	$1.92 Billion	58.06%	1.64x	$5.03 Billion
Aditya Birla Sun Life AMC Limited (ABSLAMC)	$31.69 Billion	24.63%	0.11x	$3.69 Billion
Anand Rathi Wealth Limited (ANANDRATHI)	$1.97 Billion	31.14%	1.08x	$1.68 Billion
Bajaj Holdings & Investment Limited (BAJAJHLDNG)	$178.18 Billion	13.88%	0.00x	$12.85 Billion
BF Investment Limited (BFINVEST)	$20.52 Billion	6.16%	0.07x	$186.57 Million
GACM Technologies Limited (GATECH)	$71.32 Million	15.89%	1.59x	$6.08 Million
GACM Technologies Limited (GATECHDVR)	$20.59 Million	-48.44%	3.76x	$964.05K
GFL Limited (GFLLIMITED)	$50.85 Billion	11.51%	0.85x	$55.78 Million
HDFC Asset Management Company Limited (HDFCAMC)	$47.76 Billion	27.76%	0.07x	$12.60 Billion
Jindal Photo Limited (JINDALPHOT)	$1.05 Billion	18.55%	0.48x	$123.59 Million

About Times Guaranty Limited

NSE:TIMESGTY India Asset Management

Market Cap

$24.11 Million

Rs2.23 Billion INR

Market Cap Rank

#24496 Global

#1354 in India

Share Price

Rs247.95

Change (1 day)

+1.00%

52-Week Range

Rs166.72 - Rs301.70

All Time High

Rs301.70