W S Industries (I) Limited (WSI) - Net Assets
Based on the latest financial reports, W S Industries (I) Limited (WSI) has net assets worth Rs1.98 Billion INR (≈ $21.45 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 (Rs4.09 Billion ≈ $44.20 Million USD) and total liabilities (Rs2.10 Billion ≈ $22.75 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 W S Industries (I) Limited's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs1.98 Billion |
| % of Total Assets | 48.53% |
| Annual Growth Rate | 8.51% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 242.18 |
W S Industries (I) Limited - Net Assets Trend (2006–2025)
This chart illustrates how W S Industries (I) Limited's net assets have evolved over time, based on quarterly financial data. Also explore WSI total assets for the complete picture of this company's asset base.
Annual Net Assets for W S Industries (I) Limited (2006–2025)
The table below shows the annual net assets of W S Industries (I) Limited from 2006 to 2025. For live valuation and market cap data, see W S Industries (I) Limited (WSI) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs1.98 Billion ≈ $21.45 Million |
+44.35% |
| 2024-03-31 | Rs1.37 Billion ≈ $14.86 Million |
+111.58% |
| 2023-03-31 | Rs649.54 Million ≈ $7.02 Million |
+380.51% |
| 2022-03-31 | Rs-231.56 Million ≈ $-2.50 Million |
+75.22% |
| 2021-03-31 | Rs-934.28 Million ≈ $-10.10 Million |
-9.85% |
| 2020-03-31 | Rs-850.51 Million ≈ $-9.20 Million |
-5.68% |
| 2019-03-31 | Rs-804.77 Million ≈ $-8.70 Million |
+42.52% |
| 2018-03-31 | Rs-1.40 Billion ≈ $-15.14 Million |
-32.81% |
| 2017-03-31 | Rs-1.05 Billion ≈ $-11.40 Million |
+18.16% |
| 2016-03-31 | Rs-1.29 Billion ≈ $-13.93 Million |
-53.35% |
| 2015-03-31 | Rs-840.00 Million ≈ $-9.08 Million |
-181.35% |
| 2014-03-31 | Rs-298.56 Million ≈ $-3.23 Million |
-749.61% |
| 2013-03-31 | Rs45.96 Million ≈ $497.04K |
-96.76% |
| 2012-03-31 | Rs1.42 Billion ≈ $15.34 Million |
+102.15% |
| 2011-03-31 | Rs701.66 Million ≈ $7.59 Million |
-24.21% |
| 2010-03-31 | Rs925.78 Million ≈ $10.01 Million |
-6.87% |
| 2009-03-31 | Rs994.02 Million ≈ $10.75 Million |
-5.38% |
| 2008-03-31 | Rs1.05 Billion ≈ $11.36 Million |
+15.14% |
| 2007-03-31 | Rs912.44 Million ≈ $9.87 Million |
+117.24% |
| 2006-03-31 | Rs420.02 Million ≈ $4.54 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to W S Industries (I) 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 514010000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs633.80 Million | 31.94% |
| Other Comprehensive Income | Rs4.94 Billion | 248.72% |
| Other Components | Rs1.55 Billion | 78.35% |
| Total Equity | Rs1.98 Billion | 100.00% |
W S Industries (I) Limited Competitors by Market Cap
The table below lists competitors of W S Industries (I) Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nanoform Finland Plc
HE:NANOFH
|
$49.78 Million |
|
Opticis Company Limited
KQ:109080
|
$49.78 Million |
|
Aton Resources Inc
V:AAN
|
$49.79 Million |
|
LOOP INDUSTRIES DL-001
F:3L9
|
$49.79 Million |
|
Harbour Energy PLC
LSE:HBR
|
$49.75 Million |
|
SG&G Corporation
KQ:040610
|
$49.74 Million |
|
Manhattan Bridge Capital Inc
NASDAQ:LOAN
|
$49.72 Million |
|
Wspierania Przedsiebiorczosci
WAR:PTW
|
$49.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in W S Industries (I) Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,374,290,000 to 1,984,600,000, a change of 610,310,000 (44.4%).
- Net loss of 175,800,000 reduced equity.
- Share repurchases of 785,500,000 reduced equity.
- New share issuances of 785,500,000 increased equity.
- Other comprehensive income increased equity by 4,064,999,000.
- Other factors decreased equity by 3,278,889,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-175.80 Million | -8.86% |
| Share Repurchases | Rs785.50 Million | -39.58% |
| Share Issuances | Rs785.50 Million | +39.58% |
| Other Comprehensive Income | Rs4.06 Billion | +204.83% |
| Other Changes | Rs-3.28 Billion | -165.22% |
| Total Change | Rs- | 44.41% |
Book Value vs Market Value Analysis
This analysis compares W S Industries (I) 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: 2.13x
- 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 3.08x to 2.13x 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 | Rs23.35 | Rs72.00 | x |
| 2007-03-31 | Rs43.16 | Rs72.00 | x |
| 2008-03-31 | Rs49.70 | Rs72.00 | x |
| 2009-03-31 | Rs37.80 | Rs72.00 | x |
| 2010-03-31 | Rs43.79 | Rs72.00 | x |
| 2011-03-31 | Rs24.24 | Rs72.00 | x |
| 2012-03-31 | Rs58.15 | Rs72.00 | x |
| 2013-03-31 | Rs-7.71 | Rs72.00 | x |
| 2014-03-31 | Rs-24.23 | Rs72.00 | x |
| 2016-03-31 | Rs-70.62 | Rs72.00 | x |
| 2017-03-31 | Rs-49.87 | Rs72.00 | x |
| 2018-03-31 | Rs-63.62 | Rs72.00 | x |
| 2019-03-31 | Rs-30.84 | Rs72.00 | x |
| 2020-03-31 | Rs-32.39 | Rs72.00 | x |
| 2021-03-31 | Rs-35.58 | Rs72.00 | x |
| 2022-03-31 | Rs-8.82 | Rs72.00 | x |
| 2023-03-31 | Rs19.53 | Rs72.00 | x |
| 2024-03-31 | Rs27.70 | Rs72.00 | x |
| 2025-03-31 | Rs33.85 | Rs72.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently W S Industries (I) 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): -8.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.35%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 2.06x
- Recent ROE (-8.86%) is below the historical average (-1.99%), 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 | 9.94% | 2.84% | 1.14x | 3.06x | Rs-265.94K |
| 2007 | 7.15% | 3.95% | 0.94x | 1.92x | Rs-25.99 Million |
| 2008 | 16.01% | 7.41% | 0.89x | 2.43x | Rs63.16 Million |
| 2009 | 17.12% | 6.09% | 0.72x | 3.92x | Rs56.85 Million |
| 2010 | -12.63% | -5.29% | 0.67x | 3.57x | Rs-209.53 Million |
| 2011 | -78.59% | -15.68% | 0.77x | 6.49x | Rs-453.88 Million |
| 2012 | -52.37% | -28.11% | 0.49x | 3.78x | Rs-766.74 Million |
| 2013 | 0.00% | -4.63% | 0.36x | 0.00x | Rs-47.65 Million |
| 2014 | 0.00% | -85.65% | 0.28x | 0.00x | Rs-961.40 Million |
| 2016 | 0.00% | -616.19% | 0.02x | 0.00x | Rs-286.61 Million |
| 2017 | 0.00% | -212.01% | 0.00x | 0.00x | Rs76.29 Million |
| 2018 | 0.00% | 1417.79% | 0.01x | 0.00x | Rs459.58 Million |
| 2019 | 0.00% | -68777.30% | 0.00x | 0.00x | Rs-2.16 Billion |
| 2020 | 0.00% | -29212.98% | 0.00x | 0.00x | Rs-522.58 Million |
| 2021 | 0.00% | -4027.88% | 0.00x | 0.00x | Rs9.65 Million |
| 2022 | 0.00% | -27557.51% | 0.00x | 0.00x | Rs-570.98 Million |
| 2023 | 30.24% | 24.68% | 0.33x | 3.68x | Rs131.45 Million |
| 2024 | 34.16% | 14.39% | 0.93x | 2.54x | Rs332.07 Million |
| 2025 | -8.86% | -7.35% | 0.58x | 2.06x | Rs-374.26 Million |
Industry Comparison
This section compares W S Industries (I) Limited's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $7,679,177,378
- Average return on equity (ROE) among peers: 8.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| W S Industries (I) Limited (WSI) | Rs1.98 Billion | 9.94% | 1.06x | $49.77 Million |
| Apar Industries Limited (APARINDS) | $2.88 Billion | -1.23% | 5.59x | $5.36 Billion |
| Amara Raja Batteries Limited (ARE&M) | $13.63 Billion | 26.96% | 0.46x | $1.73 Billion |
| Bharat Bijlee Limited (BBL) | $6.91 Billion | 8.82% | 0.61x | $378.55 Million |
| CG Power and Industrial Solutions Limited (CGPOWER) | $41.11 Billion | -11.94% | 1.48x | $13.85 Billion |
| Cords Cable Industries Limited (CORDSCABLE) | $1.46 Billion | 2.99% | 1.02x | $25.10 Million |
| De Nora India Limited (DENORA) | $392.64 Million | 10.83% | 0.24x | $49.12 Million |
| Dynamic Cables Limited (DYCL) | $270.46 Million | 25.13% | 4.97x | $194.13 Million |
| Elin Electronics Limited (ELIN) | $1.99 Billion | 14.61% | 1.00x | $65.09 Million |
| Eveready Industries India Limited (EVEREADY) | $5.93 Billion | 2.29% | 0.87x | $263.38 Million |
| Exicom Tele-Systems Limited (EXICOM) | $2.22 Billion | 2.32% | 1.72x | $173.57 Million |
About W S Industries (I) Limited
W.S. Industries (India) Limited operates as infrastructure development and electrical project handling company in India and internationally. The company undertakes various infra projects, including hospitals, medical colleges, urban housings, large-scale industrials, electrical substation, transmission, commercial buildings, educational institutions, and roads and bridges; civil infrastructure, s… Read more