W S Industries (I) Limited Net Assets
W S Industries (I) Limited net assets. Based on the latest financial reports, W S Industries (I) Limited (WSI) has net assets worth Rs3.95 Billion INR (≈ $42.68 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 (Rs5.40 Billion ≈ $58.42 Million USD) and total liabilities (Rs1.46 Billion ≈ $15.74 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. Also explore W S Industries (I) Limited equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs3.95 Billion |
| % of Total Assets | 73.05% |
| Annual Growth Rate | 11.85% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 234.81 |
Net Assets of W S Industries (I) Limited (2006–2026)
Net assets of W S Industries (I) Limited from 2006 to 2026. This chart illustrates how W S Industries (I) Limited's net assets have evolved over time, based on quarterly financial data. See WSI net asset quality score to measure how much of total assets are equity-financed.
Annual Net Assets for W S Industries (I) Limited (2006–2026)
The table below shows the annual net assets of W S Industries (I) Limited from 2006 to 2026. For live market cap and overall valuation, see WSI market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs3.95 Billion ≈ $42.68 Million |
+98.94% |
| 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 |
-331.46% |
| 2015-03-31 | Rs-298.56 Million ≈ $-3.23 Million |
0.00% |
| 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 511410000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
W S Industries (I) Limited Net Assets Breakdown (March 2026)
W S Industries (I) Limited net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs759.00 Million | 19.21% |
| Other Comprehensive Income | Rs5.03 Billion | 127.30% |
| Other Components | Rs3.28 Billion | 82.92% |
| Total Equity | Rs3.95 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 |
|---|---|
|
Thunderbird Entertainment Group Inc
V:TBRD
|
$56.05 Million |
|
Lucas GC Limited Ordinary Shares
NASDAQ:LGCL
|
$56.06 Million |
|
Mobiis Co. Ltd
KQ:250060
|
$56.07 Million |
|
Aikchol Hospital Public Company Limited
BK:AHC
|
$56.07 Million |
|
5E ADVANCED MATLS NEW
F:J9I1
|
$56.04 Million |
|
Widepoint C
NYSE MKT:WYY
|
$55.98 Million |
|
RingNet Co. Ltd
KQ:042500
|
$55.98 Million |
|
Sunshine Metals Ltd
AU:SHN
|
$55.98 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 2025 to 2026, total equity changed from 1,984,600,000 to 3,951,300,000, a change of 1,966,700,000 (99.1%).
- Net income of 25,900,000 contributed positively to equity growth.
- Share repurchases of 182,500,000 reduced equity.
- New share issuances of 1,939,800,000 increased equity.
- Other comprehensive income increased equity by 93,900,000.
- Other factors increased equity by 89,600,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs25.90 Million | +0.66% |
| Share Repurchases | Rs182.50 Million | -4.62% |
| Share Issuances | Rs1.94 Billion | +49.09% |
| Other Comprehensive Income | Rs93.90 Million | +2.38% |
| Other Changes | Rs89.60 Million | +2.27% |
| Total Change | Rs- | 99.10% |
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: 1.45x
- 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 2.92x to 1.45x 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 | Rs68.28 | x |
| 2007-03-31 | Rs43.16 | Rs68.28 | x |
| 2008-03-31 | Rs49.70 | Rs68.28 | x |
| 2009-03-31 | Rs37.80 | Rs68.28 | x |
| 2010-03-31 | Rs43.79 | Rs68.28 | x |
| 2011-03-31 | Rs24.24 | Rs68.28 | x |
| 2012-03-31 | Rs58.15 | Rs68.28 | x |
| 2013-03-31 | Rs-7.71 | Rs68.28 | x |
| 2014-03-31 | Rs-24.23 | Rs68.28 | x |
| 2015-03-31 | Rs-24.23 | Rs68.28 | x |
| 2016-03-31 | Rs-70.62 | Rs68.28 | x |
| 2017-03-31 | Rs-49.87 | Rs68.28 | x |
| 2018-03-31 | Rs-63.62 | Rs68.28 | x |
| 2019-03-31 | Rs-30.84 | Rs68.28 | x |
| 2020-03-31 | Rs-32.39 | Rs68.28 | x |
| 2021-03-31 | Rs-35.58 | Rs68.28 | x |
| 2022-03-31 | Rs-8.82 | Rs68.28 | x |
| 2023-03-31 | Rs19.53 | Rs68.28 | x |
| 2024-03-31 | Rs27.70 | Rs68.28 | x |
| 2025-03-31 | Rs33.85 | Rs68.28 | x |
| 2026-03-31 | Rs47.11 | Rs68.28 | 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): 0.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.83%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 1.37x
- Recent ROE (0.66%) is above the historical average (-1.77%), indicating improving 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% | -4.63% | 0.33x | 0.00x | Rs-12.73 Million |
| 2015 | 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 |
| 2026 | 0.66% | 2.83% | 0.17x | 1.37x | Rs-369.23 Million |
Industry Comparison
This section compares W S Industries (I) Limited's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $12,268,294,176
- Average return on equity (ROE) among peers: -2.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| W S Industries (I) Limited (WSI) | Rs3.95 Billion | 9.94% | 0.37x | $56.04 Million |
| A2Z Infra Engineering Limited (A2ZINFRA) | $4.73 Billion | -24.64% | 6.01x | $24.76 Million |
| AFCONS INFRASTRUCTURE LTD (AFCONS) | $27.03 Billion | 13.18% | 3.80x | $839.68 Million |
| Akash Infra-Projects Limited (AKASH) | $484.51 Million | 7.59% | 0.45x | $4.56 Million |
| Ashoka Buildcon Limited (ASHOKA) | $41.59 Billion | 40.73% | 3.99x | $316.92 Million |
| AXISCADES Technologies Limited (AXISCADES) | $1.27 Billion | 15.54% | 0.48x | $878.42 Million |
| Capacit'e Infraprojects Limited (CAPACITE) | $17.20 Billion | 11.85% | 1.03x | $152.42 Million |
| Consolidated Construction Consortium Limited (CCCL) | $1.42 Billion | -129.41% | 12.46x | $53.77 Million |
| Ceigall India (CEIGALL) | $21.46 Billion | 14.53% | 1.57x | $752.55 Million |
| Dilip Buildcon Limited (DBL) | $7.03 Billion | 11.54% | 6.73x | $700.52 Million |
| Dhruv Consultancy Services Limited (DHRUV) | $458.31 Million | 12.56% | 0.85x | $3.90 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 civil infrastructure, such as drainage systems and integrated bus terminal and multi utility facility centers; and turnkey projects comprising design, supply, installation, testing, and commissioning of HV and EHV substations a… Read more