T T Limited
T.T. Limited engages in the manufacture and sale of textile products in India and Vietnam. The company offers knitted and woven, and other fabrics; and organic and recycled cotton yarns. It also provides a range of casual, active, leisure, inner, and yoga wear products for men, women, and kids through retail stores and online; and food products. In addition, the company exports its products. T.T.… Read more
T T Limited (TTL) - Net Assets
Latest net assets as of September 2025: ₹1.26 Billion INR
Based on the latest financial reports, T T Limited (TTL) has net assets worth ₹1.26 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹2.19 Billion) and total liabilities (₹936.11 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 | ₹1.26 Billion |
| % of Total Assets | 57.32% |
| Annual Growth Rate | 4.98% |
| 5-Year Change | 32.33% |
| 10-Year Change | -13.79% |
| Growth Volatility | 18.79 |
T T Limited - Net Assets Trend (2001–2025)
This chart illustrates how T T 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 T T Limited (2001–2025)
The table below shows the annual net assets of T T Limited from 2001 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹901.66 Million | +25.61% |
| 2024-03-31 | ₹717.80 Million | +6.90% |
| 2023-03-31 | ₹671.46 Million | -15.80% |
| 2022-03-31 | ₹797.45 Million | +17.03% |
| 2021-03-31 | ₹681.38 Million | -8.39% |
| 2020-03-31 | ₹743.81 Million | -2.60% |
| 2019-03-31 | ₹763.68 Million | -1.17% |
| 2018-03-31 | ₹772.71 Million | -27.39% |
| 2017-03-31 | ₹1.06 Billion | +1.76% |
| 2016-03-31 | ₹1.05 Billion | +0.20% |
| 2015-03-31 | ₹1.04 Billion | +0.52% |
| 2014-03-31 | ₹1.04 Billion | +5.88% |
| 2013-03-31 | ₹980.68 Million | +3.49% |
| 2012-03-31 | ₹947.63 Million | +14.33% |
| 2011-03-31 | ₹828.85 Million | +17.10% |
| 2010-03-31 | ₹707.84 Million | +15.04% |
| 2009-03-31 | ₹615.31 Million | +0.11% |
| 2008-03-31 | ₹614.62 Million | +2.10% |
| 2007-03-31 | ₹601.98 Million | +74.23% |
| 2006-03-31 | ₹345.51 Million | +29.20% |
| 2005-03-31 | ₹267.42 Million | +6.11% |
| 2004-03-31 | ₹252.02 Million | +2.91% |
| 2003-03-31 | ₹244.89 Million | +1.83% |
| 2002-03-31 | ₹240.49 Million | -14.43% |
| 2001-03-31 | ₹281.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to T T 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 22459100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹224.59 Million | 24.91% |
| Common Stock | ₹224.98 Million | 24.95% |
| Other Comprehensive Income | ₹179.85 Million | 19.95% |
| Other Components | ₹272.24 Million | 30.19% |
| Total Equity | ₹901.66 Million | 100.00% |
T T Limited Competitors by Market Cap
The table below lists competitors of T T Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kairos Pharma, Ltd.
NYSE MKT:KAPA
|
$7.38 Million |
|
Y/KNOT S.A.
AT:YKNOT
|
$7.38 Million |
|
Corus Entertainment Inc
PINK:CJREF
|
$7.39 Million |
|
M2A0
F:M2A0
|
$7.39 Million |
|
Nuvotec
KQ:060260
|
$7.38 Million |
|
Induct AS
OL:INDCT
|
$7.38 Million |
|
Macromill Embrain Co. Ltd
KQ:169330
|
$7.38 Million |
|
Zenith Capital Corp
PINK:ZHCLF
|
$7.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in T T Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 717,804,000 to 901,664,000, a change of 183,860,000 (25.6%).
- Net income of 40,991,000 contributed positively to equity growth.
- Share repurchases of 10,000,000 reduced equity.
- New share issuances of 146,400,000 increased equity.
- Other comprehensive income decreased equity by 120,549,001.
- Other factors increased equity by 127,018,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹40.99 Million | +4.55% |
| Share Repurchases | ₹10.00 Million | -1.11% |
| Share Issuances | ₹146.40 Million | +16.24% |
| Other Comprehensive Income | ₹-120.55 Million | -13.37% |
| Other Changes | ₹127.02 Million | +14.09% |
| Total Change | ₹- | 25.61% |
Book Value vs Market Value Analysis
This analysis compares T T 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: 2.11x
- 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 5.49x to 2.11x 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 | ₹1.61 | ₹8.82 | x |
| 2007-03-31 | ₹2.80 | ₹8.82 | x |
| 2008-03-31 | ₹2.86 | ₹8.82 | x |
| 2009-03-31 | ₹2.86 | ₹8.82 | x |
| 2010-03-31 | ₹3.29 | ₹8.82 | x |
| 2011-03-31 | ₹3.86 | ₹8.82 | x |
| 2012-03-31 | ₹4.41 | ₹8.82 | x |
| 2013-03-31 | ₹4.56 | ₹8.82 | x |
| 2014-03-31 | ₹4.83 | ₹8.82 | x |
| 2015-03-31 | ₹4.86 | ₹8.82 | x |
| 2016-03-31 | ₹4.86 | ₹8.82 | x |
| 2017-03-31 | ₹4.95 | ₹8.82 | x |
| 2018-03-31 | ₹3.59 | ₹8.82 | x |
| 2019-03-31 | ₹3.55 | ₹8.82 | x |
| 2020-03-31 | ₹3.46 | ₹8.82 | x |
| 2021-03-31 | ₹3.17 | ₹8.82 | x |
| 2022-03-31 | ₹3.71 | ₹8.82 | x |
| 2023-03-31 | ₹3.12 | ₹8.82 | x |
| 2024-03-31 | ₹3.34 | ₹8.82 | x |
| 2025-03-31 | ₹4.18 | ₹8.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently T T 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): 4.55%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.91%
- • Asset Turnover: 1.05x
- • Equity Multiplier: 2.27x
- Recent ROE (4.55%) is above the historical average (0.98%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 2.07% | 0.55% | 1.52x | 2.48x | ₹-22.28 Million |
| 2002 | 1.26% | 0.29% | 1.47x | 2.94x | ₹-21.02 Million |
| 2003 | 1.80% | 0.33% | 1.57x | 3.52x | ₹-20.09 Million |
| 2004 | 6.68% | 1.19% | 1.52x | 3.69x | ₹-8.37 Million |
| 2005 | 9.40% | 1.52% | 1.66x | 3.71x | ₹-1.62 Million |
| 2006 | 14.72% | 1.54% | 2.20x | 4.35x | ₹16.32 Million |
| 2007 | 9.06% | 0.92% | 2.76x | 3.55x | ₹-5.68 Million |
| 2008 | 5.12% | 0.48% | 2.50x | 4.23x | ₹-30.02 Million |
| 2009 | -58.98% | -14.87% | 0.88x | 4.53x | ₹-424.42 Million |
| 2010 | 14.80% | 2.96% | 1.05x | 4.74x | ₹33.94 Million |
| 2011 | 19.06% | 3.25% | 1.43x | 4.11x | ₹75.06 Million |
| 2012 | -2.29% | -0.55% | 1.07x | 3.89x | ₹-116.47 Million |
| 2013 | 6.68% | 1.30% | 1.14x | 4.51x | ₹-32.55 Million |
| 2014 | 8.66% | 1.21% | 1.64x | 4.37x | ₹-13.96 Million |
| 2015 | 3.87% | 0.60% | 1.53x | 4.25x | ₹-63.95 Million |
| 2016 | 2.06% | 0.31% | 1.58x | 4.22x | ₹-83.05 Million |
| 2017 | 2.01% | 0.32% | 1.52x | 4.19x | ₹-84.99 Million |
| 2018 | -19.08% | -2.88% | 1.30x | 5.07x | ₹-224.69 Million |
| 2019 | 0.21% | 0.03% | 1.32x | 5.20x | ₹-74.75 Million |
| 2020 | -1.70% | -0.30% | 1.07x | 5.30x | ₹-87.00 Million |
| 2021 | -11.15% | -1.93% | 1.10x | 5.26x | ₹-144.10 Million |
| 2022 | 18.22% | 3.67% | 1.46x | 3.41x | ₹65.56 Million |
| 2023 | -18.87% | -6.24% | 0.86x | 3.51x | ₹-193.87 Million |
| 2024 | 6.45% | 2.19% | 0.90x | 3.27x | ₹-25.46 Million |
| 2025 | 4.55% | 1.91% | 1.05x | 2.27x | ₹-49.18 Million |
Industry Comparison
This section compares T T Limited's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $-15,328,366,560
- Average return on equity (ROE) among peers: 8.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| T T Limited (TTL) | ₹1.26 Billion | 2.07% | 0.74x | $7.38 Million |
| Aarvee Denims & Exports Limited (AARVEEDEN) | $2.56 Billion | 0.07% | 2.01x | $18.42 Million |
| Akshar Spintex Limited (AKSHAR) | $362.57 Million | 3.43% | 1.02x | $3.77 Million |
| Alok Industries Limited (ALOKINDS) | $-206.30 Billion | 0.00% | 0.00x | $179.15 Million |
| Alps Industries Limited (ALPSINDUS) | $2.04 Billion | 0.00% | 5.49x | $155.37K |
| Ambika Cotton Mills Limited (AMBIKCO) | $5.65 Billion | 12.02% | 0.11x | $40.48 Million |
| Arvind Limited (ARVIND) | $34.04 Billion | 11.88% | 1.03x | $623.55 Million |
| Axita Cotton Limited (AXITA) | $362.65 Million | 42.51% | 2.00x | $21.73 Million |
| AYM Syntex Limited (AYMSYNTEX) | $789.26 Million | 14.66% | 2.84x | $26.36 Million |
| Banswara Syntex Limited (BANSWRAS) | $2.69 Billion | 3.12% | 2.99x | $11.94 Million |
| Bannari Amman Spinning Mills Limited (BASML) | $4.51 Billion | -4.87% | 1.72x | $6.49 Million |