Walchandnagar Industries Limited (WALCHANNAG) - Net Assets
Based on the latest financial reports, Walchandnagar Industries Limited (WALCHANNAG) has net assets worth Rs3.59 Billion INR (≈ $38.80 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs8.81 Billion ≈ $95.32 Million USD) and total liabilities (Rs5.23 Billion ≈ $56.52 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 WALCHANNAG strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs3.59 Billion |
| % of Total Assets | 40.71% |
| Annual Growth Rate | 2.92% |
| 5-Year Change | 102.71% |
| 10-Year Change | -24.77% |
| Growth Volatility | 30.03 |
Walchandnagar Industries Limited - Net Assets Trend (2005–2026)
This chart illustrates how Walchandnagar Industries Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Walchandnagar Industries Limited stock valuation.
Annual Net Assets for Walchandnagar Industries Limited (2005–2026)
The table below shows the annual net assets of Walchandnagar Industries Limited from 2005 to 2026. Also explore Walchandnagar Industries Limited (WALCHANNAG) equity growth momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs3.59 Billion ≈ $38.80 Million |
-3.79% |
| 2025-03-31 | Rs3.73 Billion ≈ $40.33 Million |
+3.21% |
| 2024-03-31 | Rs3.61 Billion ≈ $39.08 Million |
+38.62% |
| 2023-03-31 | Rs2.61 Billion ≈ $28.19 Million |
+47.26% |
| 2022-03-31 | Rs1.77 Billion ≈ $19.14 Million |
-16.40% |
| 2021-03-31 | Rs2.12 Billion ≈ $22.90 Million |
-21.32% |
| 2020-03-31 | Rs2.69 Billion ≈ $29.10 Million |
-19.76% |
| 2019-03-31 | Rs3.35 Billion ≈ $36.27 Million |
-1.09% |
| 2018-03-31 | Rs3.39 Billion ≈ $36.67 Million |
-28.91% |
| 2017-03-31 | Rs4.77 Billion ≈ $51.58 Million |
+7.36% |
| 2016-03-31 | Rs4.44 Billion ≈ $48.04 Million |
-24.12% |
| 2015-03-31 | Rs5.85 Billion ≈ $63.32 Million |
-12.66% |
| 2014-03-31 | Rs6.70 Billion ≈ $72.50 Million |
-5.11% |
| 2013-03-31 | Rs7.06 Billion ≈ $76.40 Million |
+76.13% |
| 2012-03-31 | Rs4.01 Billion ≈ $43.37 Million |
-1.45% |
| 2011-03-31 | Rs4.07 Billion ≈ $44.01 Million |
-0.99% |
| 2010-03-31 | Rs4.11 Billion ≈ $44.45 Million |
-3.79% |
| 2009-03-31 | Rs4.27 Billion ≈ $46.20 Million |
+1.27% |
| 2008-03-31 | Rs4.22 Billion ≈ $45.62 Million |
+85.13% |
| 2007-03-31 | Rs2.28 Billion ≈ $24.64 Million |
+14.89% |
| 2006-03-31 | Rs1.98 Billion ≈ $21.45 Million |
+1.21% |
| 2005-03-31 | Rs1.96 Billion ≈ $21.19 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Walchandnagar Industries 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 133.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs135.70 Million | 3.78% |
| Other Comprehensive Income | Rs693.80 Million | 19.34% |
| Other Components | Rs3.40 Billion | 94.75% |
| Total Equity | Rs3.59 Billion | 100.00% |
Walchandnagar Industries Limited Competitors by Market Cap
The table below lists competitors of Walchandnagar Industries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Manulife Holdings Bhd
KLSE:1058
|
$148.88 Million |
|
T&L Co. Ltd
KQ:340570
|
$148.93 Million |
|
Black Rock Coffee Bar, Inc. Class A Common Stock
NASDAQ:BRCB
|
$149.07 Million |
|
Shinhan Seobu T&D REIT Co Ltd
KO:404990
|
$149.13 Million |
|
ReposiTrak
NYSE:TRAK
|
$148.84 Million |
|
Waterco Ltd
AU:WAT
|
$148.77 Million |
|
Silver X Mining Corp
V:AGX
|
$148.73 Million |
|
Theratechnologies Inc.
TO:TH
|
$148.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Walchandnagar Industries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 3,729,100,000 to 3,587,900,000, a change of -141,200,000 (-3.8%).
- Net loss of 146,800,000 reduced equity.
- New share issuances of 24,700,000 increased equity.
- Other comprehensive income decreased equity by 2,900,400,000.
- Other factors increased equity by 2,881,300,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-146.80 Million | -4.09% |
| Share Issuances | Rs24.70 Million | +0.69% |
| Other Comprehensive Income | Rs-2.90 Billion | -80.84% |
| Other Changes | Rs2.88 Billion | +80.31% |
| Total Change | Rs- | -3.79% |
Book Value vs Market Value Analysis
This analysis compares Walchandnagar Industries 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: 3.82x
- 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 3.11x to 3.82x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | Rs65.23 | Rs202.71 | x |
| 2006-03-31 | Rs66.02 | Rs202.71 | x |
| 2007-03-31 | Rs59.89 | Rs202.71 | x |
| 2008-03-31 | Rs130.69 | Rs202.71 | x |
| 2009-03-31 | Rs112.25 | Rs202.71 | x |
| 2010-03-31 | Rs107.96 | Rs202.71 | x |
| 2011-03-31 | Rs106.90 | Rs202.71 | x |
| 2012-03-31 | Rs105.35 | Rs202.71 | x |
| 2013-03-31 | Rs185.56 | Rs202.71 | x |
| 2014-03-31 | Rs176.08 | Rs202.71 | x |
| 2015-03-31 | Rs153.82 | Rs202.71 | x |
| 2016-03-31 | Rs116.69 | Rs202.71 | x |
| 2017-03-31 | Rs125.18 | Rs202.71 | x |
| 2018-03-31 | Rs88.99 | Rs202.71 | x |
| 2019-03-31 | Rs88.08 | Rs202.71 | x |
| 2020-03-31 | Rs70.68 | Rs202.71 | x |
| 2021-03-31 | Rs55.61 | Rs202.71 | x |
| 2022-03-31 | Rs46.49 | Rs202.71 | x |
| 2023-03-31 | Rs56.79 | Rs202.71 | x |
| 2024-03-31 | Rs78.06 | Rs202.71 | x |
| 2025-03-31 | Rs63.85 | Rs202.71 | x |
| 2026-03-31 | Rs53.04 | Rs202.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Walchandnagar Industries 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): -4.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.33%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 2.46x
- Recent ROE (-4.09%) is above the historical average (-5.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 3.94% | 2.95% | 0.69x | 1.93x | Rs-118.74 Million |
| 2006 | 6.70% | 3.69% | 0.73x | 2.48x | Rs-65.40 Million |
| 2007 | 15.61% | 5.58% | 1.15x | 2.44x | Rs127.76 Million |
| 2008 | 9.43% | 5.68% | 0.77x | 2.16x | Rs-24.16 Million |
| 2009 | 5.48% | 4.57% | 0.52x | 2.29x | Rs-193.21 Million |
| 2010 | 5.42% | 4.15% | 0.46x | 2.85x | Rs-188.13 Million |
| 2011 | 3.14% | 1.34% | 0.76x | 3.08x | Rs-278.99 Million |
| 2012 | 3.02% | 1.38% | 0.70x | 3.13x | Rs-279.81 Million |
| 2013 | -5.42% | -5.27% | 0.46x | 2.25x | Rs-1.09 Billion |
| 2014 | -1.84% | -1.94% | 0.40x | 2.41x | Rs-794.01 Million |
| 2015 | -10.27% | -10.81% | 0.38x | 2.47x | Rs-1.19 Billion |
| 2016 | -16.14% | -13.50% | 0.41x | 2.88x | Rs-1.16 Billion |
| 2017 | -16.67% | -19.98% | 0.30x | 2.77x | Rs-1.27 Billion |
| 2018 | -7.62% | -6.48% | 0.35x | 3.41x | Rs-597.24 Million |
| 2019 | -0.64% | -0.59% | 0.31x | 3.48x | Rs-356.74 Million |
| 2020 | -24.33% | -21.96% | 0.28x | 3.89x | Rs-923.68 Million |
| 2021 | -27.04% | -17.58% | 0.34x | 4.53x | Rs-784.11 Million |
| 2022 | -21.51% | -12.87% | 0.32x | 5.27x | Rs-557.70 Million |
| 2023 | 7.51% | 6.08% | 0.39x | 3.18x | Rs-64.85 Million |
| 2024 | -11.58% | -13.83% | 0.35x | 2.42x | Rs-779.60 Million |
| 2025 | -23.07% | -29.18% | 0.34x | 2.34x | Rs-1.23 Billion |
| 2026 | -4.09% | -5.33% | 0.31x | 2.46x | Rs-505.59 Million |
Industry Comparison
This section compares Walchandnagar Industries Limited's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $9,007,463,146
- Average return on equity (ROE) among peers: 12.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Walchandnagar Industries Limited (WALCHANNAG) | Rs3.59 Billion | 3.94% | 1.46x | $148.86 Million |
| A2Z Infra Engineering Limited (A2ZINFRA) | $9.30 Billion | -26.58% | 2.02x | $28.36 Million |
| AFCONS INFRASTRUCTURE LTD (AFCONS) | $27.03 Billion | 13.18% | 3.80x | $1.05 Billion |
| Akash Infra-Projects Limited (AKASH) | $484.51 Million | 7.59% | 0.45x | $4.43 Million |
| Ashoka Buildcon Limited (ASHOKA) | $10.04 Billion | 20.94% | 1.65x | $344.36 Million |
| AXISCADES Technologies Limited (AXISCADES) | $6.56 Billion | 11.43% | 0.72x | $832.81 Million |
| Capacit'e Infraprojects Limited (CAPACITE) | $9.26 Billion | 9.83% | 1.55x | $179.07 Million |
| Consolidated Construction Consortium Limited (CCCL) | $5.09 Billion | 13.56% | 1.38x | $66.48 Million |
| Ceigall India (CEIGALL) | $21.46 Billion | 14.53% | 1.57x | $704.13 Million |
| Dilip Buildcon Limited (DBL) | $752.78 Million | 24.93% | 2.28x | $747.51 Million |
| Dhruv Consultancy Services Limited (DHRUV) | $99.06 Million | 36.26% | 2.08x | $4.39 Million |
About Walchandnagar Industries Limited
Walchandnagar Industries Limited operates as a heavy engineering and project execution company in India and internationally. It operates through Heavy Engineering; Foundry and Machine Shop; and Others segments. The company provides booster motor casings and nozzles for aerospace applications; and design, engineering, manufacture, supply, project management, and supervision services for cement pla… Read more