TruCap Finance Limited (TRU) - Net Assets

Latest as of September 2025: Rs1.08 Billion INR ≈ $11.67 Million USD

Based on the latest financial reports, TruCap Finance Limited (TRU) has net assets worth Rs1.08 Billion INR (≈ $11.67 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 (Rs4.49 Billion ≈ $48.61 Million USD) and total liabilities (Rs3.42 Billion ≈ $36.94 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 how resilient are TruCap Finance Limited's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs1.08 Billion
% of Total Assets	24.01%
Annual Growth Rate	35.59%
5-Year Change	62.28%
10-Year Change	1783.51%
Growth Volatility	67.45

TruCap Finance Limited - Net Assets Trend (2012–2025)

This chart illustrates how TruCap Finance Limited's net assets have evolved over time, based on quarterly financial data. Also explore TRU total assets for the complete picture of this company's asset base.

Annual Net Assets for TruCap Finance Limited (2012–2025)

The table below shows the annual net assets of TruCap Finance Limited from 2012 to 2025. For live valuation and market cap data, see TRU market cap.

Year	Net Assets	Change
2025-03-31	Rs1.62 Billion ≈ $17.53 Million	-23.49%
2024-03-31	Rs2.12 Billion ≈ $22.92 Million	-1.93%
2023-03-31	Rs2.16 Billion ≈ $23.37 Million	+25.58%
2022-03-31	Rs1.72 Billion ≈ $18.61 Million	+72.23%
2021-03-31	Rs999.14 Million ≈ $10.81 Million	+220.72%
2020-03-31	Rs311.53 Million ≈ $3.37 Million	+6.75%
2019-03-31	Rs291.84 Million ≈ $3.16 Million	+133.86%
2018-03-31	Rs124.79 Million ≈ $1.35 Million	+44.85%
2017-03-31	Rs86.15 Million ≈ $931.73K	+0.08%
2016-03-31	Rs86.08 Million ≈ $930.95K	+21.66%
2015-03-31	Rs70.76 Million ≈ $765.19K	+115.10%
2014-03-31	Rs32.89 Million ≈ $355.73K	+2.01%
2013-03-31	Rs32.25 Million ≈ $348.73K	+4.13%
2012-03-31	Rs30.97 Million ≈ $334.88K	--

Equity Component Analysis

This analysis shows how different components contribute to TruCap Finance 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 31623100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Common Stock	Rs233.80 Million	14.42%
Other Comprehensive Income	Rs220.79 Million	13.62%
Other Components	Rs1.48 Billion	91.47%
Total Equity	Rs1.62 Billion	100.00%

TruCap Finance Limited Competitors by Market Cap

The table below lists competitors of TruCap Finance Limited ranked by their market capitalization.

Company	Market Cap
Courtois S.A PA:COUR	$8.32 Million
IL&FS Transportation Networks Limited NSE:IL&FSTRANS	$8.32 Million
One Click Group Ltd AU:1CG	$8.32 Million
Mannatech Incorporated NASDAQ:MTEX	$8.33 Million
BigBen Interactive PA:BIG	$8.31 Million
BEYOND FRAMES ENTMT AB F:8WP	$8.31 Million
Close the Loop Ltd AU:CLG	$8.31 Million
Realfiction Holding AB ST:REALFI	$8.30 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in TruCap Finance Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 2,119,081,000 to 1,621,369,000, a change of -497,712,000 (-23.5%).
Net loss of 592,500,000 reduced equity.
Dividend payments of 1,169,000 reduced retained earnings.
New share issuances of 100,000,000 increased equity.
Other comprehensive income increased equity by 78,520,000.
Other factors decreased equity by 82,563,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs-592.50 Million	-36.54%
Dividends Paid	Rs1.17 Million	-0.07%
Share Issuances	Rs100.00 Million	+6.17%
Other Comprehensive Income	Rs78.52 Million	+4.84%
Other Changes	Rs-82.56 Million	-5.09%
Total Change	Rs-	-23.49%

Book Value vs Market Value Analysis

This analysis compares TruCap Finance 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: 0.48x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 5.06x to 0.48x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2012-03-31	Rs1.28	Rs6.47	x
2013-03-31	Rs1.33	Rs6.47	x
2014-03-31	Rs1.20	Rs6.47	x
2015-03-31	Rs1.82	Rs6.47	x
2016-03-31	Rs2.22	Rs6.47	x
2017-03-31	Rs2.22	Rs6.47	x
2018-03-31	Rs3.22	Rs6.47	x
2019-03-31	Rs4.65	Rs6.47	x
2020-03-31	Rs4.34	Rs6.47	x
2021-03-31	Rs10.31	Rs6.47	x
2022-03-31	Rs17.47	Rs6.47	x
2023-03-31	Rs19.49	Rs6.47	x
2024-03-31	Rs18.06	Rs6.47	x
2025-03-31	Rs13.46	Rs6.47	x

Capital Efficiency Dashboard

This dashboard shows how efficiently TruCap Finance 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): -36.54%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -30.82%
• Asset Turnover: 0.27x
• Equity Multiplier: 4.31x
Recent ROE (-36.54%) is below the historical average (2.95%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2012	8.40%	0.00%	0.00x	6.17x	Rs-494.96K
2013	3.97%	31.21%	0.03x	4.53x	Rs-1.94 Million
2014	1.97%	21.27%	0.02x	4.44x	Rs-2.64 Million
2015	0.33%	15.17%	0.02x	1.35x	Rs-6.84 Million
2016	0.95%	4.50%	0.20x	1.08x	Rs-7.79 Million
2017	0.08%	3.55%	0.02x	1.06x	Rs-8.54 Million
2018	32.72%	55.85%	0.13x	4.34x	Rs28.35 Million
2019	7.31%	11.81%	0.32x	1.94x	Rs-7.84 Million
2020	13.04%	21.47%	0.39x	1.56x	Rs9.46 Million
2021	1.30%	4.46%	0.16x	1.87x	Rs-86.90 Million
2022	2.32%	5.45%	0.15x	2.74x	Rs-132.23 Million
2023	0.29%	0.52%	0.18x	3.11x	Rs-209.78 Million
2024	5.17%	6.90%	0.17x	4.35x	Rs-102.28 Million
2025	-36.54%	-30.82%	0.27x	4.31x	Rs-754.64 Million

Industry Comparison

This section compares TruCap Finance Limited's net assets metrics with peer companies in the Credit Services industry.

Industry Context

Industry: Credit Services
Average net assets among peers: $37,628,750,405
Average return on equity (ROE) among peers: 10.76%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
TruCap Finance Limited (TRU)	Rs1.08 Billion	8.40%	3.17x	$8.32 Million
Akme Fintrade India Ltd (AFIL)	$1.30 Billion	0.00%	2.50x	$41.31 Million
Arman Financial Services Limited (ARMANFIN)	$3.66 Billion	25.65%	4.57x	$169.77 Million
Baid Finserv Limited (BAIDFIN)	$108.03 Million	5.96%	2.17x	$19.08 Million
Bajaj Finance Limited (BAJFINANCE)	$96.00 Billion	19.13%	5.64x	$62.99 Billion
Capri Global Capital Limited (CGCL)	$38.37 Billion	7.28%	2.95x	$1.94 Billion
Cholamandalam Investment and Finance Company Limited (CHOLAFIN)	$22.87 Billion	16.10%	8.42x	$14.26 Billion
Cholamandalam Financial Holdings Limited (CHOLAHLDNG)	$162.58 Billion	7.94%	7.06x	$3.16 Billion
CREDITACCESS GRAMEEN LIMITED (CREDITACC)	$51.07 Billion	16.18%	3.28x	$2.25 Billion
CSL Finance Limited (CSLFINANCE)	$773.42 Million	9.31%	0.08x	$55.14 Million
DCM Financial Services Limited (DCMFINSERV)	$-439.02 Million	0.00%	0.00x	$1.13 Million

About TruCap Finance Limited

NSE:TRU India Credit Services

Market Cap

$8.32 Million

Rs769.04 Million INR

Market Cap Rank

#27306 Global

#1537 in India

Share Price

Rs6.47

Change (1 day)

+0.94%

52-Week Range

Rs4.63 - Rs20.44

All Time High

Rs83.32