Zenith Exports Limited (ZENITHEXPO) - Net Assets
Based on the latest financial reports, Zenith Exports Limited (ZENITHEXPO) has net assets worth Rs841.10 Million INR (≈ $9.10 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 (Rs979.60 Million ≈ $10.59 Million USD) and total liabilities (Rs138.50 Million ≈ $1.50 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 tangible is Zenith Exports Limited's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs841.10 Million |
| % of Total Assets | 85.86% |
| Annual Growth Rate | -0.33% |
| 5-Year Change | 7.61% |
| 10-Year Change | -6.42% |
| Growth Volatility | 2.85 |
Zenith Exports Limited - Net Assets Trend (2006–2026)
This chart illustrates how Zenith Exports Limited's net assets have evolved over time, based on quarterly financial data. See ZENITHEXPO defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Zenith Exports Limited (2006–2026)
The table below shows the annual net assets of Zenith Exports Limited from 2006 to 2026. For live valuation and market cap data, see market cap of Zenith Exports Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs841.10 Million ≈ $9.10 Million |
+2.61% |
| 2025-03-31 | Rs819.70 Million ≈ $8.86 Million |
+2.14% |
| 2024-03-31 | Rs802.55 Million ≈ $8.68 Million |
+0.66% |
| 2023-03-31 | Rs797.28 Million ≈ $8.62 Million |
+2.00% |
| 2022-03-31 | Rs781.61 Million ≈ $8.45 Million |
+1.27% |
| 2021-03-31 | Rs771.78 Million ≈ $8.35 Million |
-1.92% |
| 2020-03-31 | Rs786.91 Million ≈ $8.51 Million |
-1.95% |
| 2019-03-31 | Rs802.54 Million ≈ $8.68 Million |
-8.97% |
| 2018-03-31 | Rs881.62 Million ≈ $9.53 Million |
-1.91% |
| 2017-03-31 | Rs898.80 Million ≈ $9.72 Million |
-2.27% |
| 2016-03-31 | Rs919.68 Million ≈ $9.95 Million |
+0.17% |
| 2015-03-31 | Rs918.11 Million ≈ $9.93 Million |
-5.28% |
| 2014-03-31 | Rs969.27 Million ≈ $10.48 Million |
+1.75% |
| 2013-03-31 | Rs952.61 Million ≈ $10.30 Million |
+0.89% |
| 2012-03-31 | Rs944.25 Million ≈ $10.21 Million |
-0.42% |
| 2011-03-31 | Rs948.22 Million ≈ $10.25 Million |
+2.57% |
| 2010-03-31 | Rs924.44 Million ≈ $10.00 Million |
-1.73% |
| 2009-03-31 | Rs940.68 Million ≈ $10.17 Million |
+0.81% |
| 2008-03-31 | Rs933.12 Million ≈ $10.09 Million |
+1.53% |
| 2007-03-31 | Rs919.05 Million ≈ $9.94 Million |
+2.28% |
| 2006-03-31 | Rs898.57 Million ≈ $9.72 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Zenith Exports 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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs54.00 Million | 6.42% |
| Other Components | Rs787.10 Million | 93.58% |
| Total Equity | Rs841.10 Million | 100.00% |
Zenith Exports Limited Competitors by Market Cap
The table below lists competitors of Zenith Exports Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Draper Esprit PLC
LSE:GROW
|
$12.45 Million |
|
Agripower France Sa
PA:ALAGP
|
$12.45 Million |
|
Eurocastle Investment Ltd
AS:ECT
|
$12.46 Million |
|
FirstGroup PLC
LSE:FGP
|
$12.46 Million |
|
EV RESOURCES LTD.
F:R1EA
|
$12.44 Million |
|
Buxton Resources Ltd
AU:BUX
|
$12.43 Million |
|
NFL Biosciences SAS
PA:ALNFL
|
$12.43 Million |
|
Co-Diagnostics, Inc. Common Stock
NASDAQ:CODX
|
$12.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zenith Exports Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 819,700,000 to 841,100,000, a change of 21,400,000 (2.6%).
- Net income of 22,900,000 contributed positively to equity growth.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs22.90 Million | +2.72% |
| Other Changes | Rs-1.50 Million | -0.18% |
| Total Change | Rs- | 2.61% |
Book Value vs Market Value Analysis
This analysis compares Zenith Exports 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: 1.37x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs166.52 | Rs213.25 | x |
| 2007-03-31 | Rs170.31 | Rs213.25 | x |
| 2008-03-31 | Rs172.93 | Rs213.25 | x |
| 2009-03-31 | Rs174.32 | Rs213.25 | x |
| 2010-03-31 | Rs171.31 | Rs213.25 | x |
| 2011-03-31 | Rs175.73 | Rs213.25 | x |
| 2012-03-31 | Rs174.99 | Rs213.25 | x |
| 2013-03-31 | Rs176.53 | Rs213.25 | x |
| 2014-03-31 | Rs179.62 | Rs213.25 | x |
| 2015-03-31 | Rs170.14 | Rs213.25 | x |
| 2016-03-31 | Rs170.43 | Rs213.25 | x |
| 2017-03-31 | Rs166.56 | Rs213.25 | x |
| 2018-03-31 | Rs163.38 | Rs213.25 | x |
| 2019-03-31 | Rs148.72 | Rs213.25 | x |
| 2020-03-31 | Rs145.82 | Rs213.25 | x |
| 2021-03-31 | Rs143.02 | Rs213.25 | x |
| 2022-03-31 | Rs144.84 | Rs213.25 | x |
| 2023-03-31 | Rs147.75 | Rs213.25 | x |
| 2024-03-31 | Rs148.71 | Rs213.25 | x |
| 2025-03-31 | Rs151.97 | Rs213.25 | x |
| 2026-03-31 | Rs155.73 | Rs213.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zenith Exports 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): 2.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.54%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 1.16x
- Recent ROE (2.72%) is above the historical average (0.07%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 3.00% | 1.43% | 1.17x | 1.79x | Rs-62.94 Million |
| 2007 | 2.23% | 1.01% | 1.12x | 1.96x | Rs-71.43 Million |
| 2008 | 1.52% | 0.64% | 1.22x | 1.93x | Rs-79.15 Million |
| 2009 | 0.80% | 0.32% | 1.43x | 1.78x | Rs-86.52 Million |
| 2010 | -1.76% | -0.78% | 1.39x | 1.63x | Rs-108.68 Million |
| 2011 | 2.51% | 1.06% | 1.46x | 1.63x | Rs-71.04 Million |
| 2012 | -0.36% | -0.13% | 1.60x | 1.68x | Rs-97.86 Million |
| 2013 | 0.88% | 0.31% | 1.65x | 1.72x | Rs-86.90 Million |
| 2014 | 1.72% | 0.56% | 1.84x | 1.66x | Rs-80.27 Million |
| 2015 | 0.09% | 0.03% | 1.82x | 1.49x | Rs-90.96 Million |
| 2016 | 0.17% | 0.07% | 1.87x | 1.32x | Rs-90.39 Million |
| 2017 | -2.31% | -1.78% | 1.06x | 1.23x | Rs-110.64 Million |
| 2018 | -2.13% | -1.85% | 0.91x | 1.26x | Rs-106.96 Million |
| 2019 | -9.81% | -8.63% | 0.85x | 1.34x | Rs-158.95 Million |
| 2020 | -1.82% | -1.83% | 0.79x | 1.26x | Rs-93.00 Million |
| 2021 | -1.68% | -2.68% | 0.51x | 1.24x | Rs-90.15 Million |
| 2022 | 1.29% | 1.14% | 0.87x | 1.30x | Rs-68.09 Million |
| 2023 | 1.98% | 2.63% | 0.60x | 1.25x | Rs-63.95 Million |
| 2024 | 0.38% | 0.39% | 0.82x | 1.20x | Rs-77.22 Million |
| 2025 | 2.09% | 2.37% | 0.71x | 1.23x | Rs-64.87 Million |
| 2026 | 2.72% | 3.54% | 0.66x | 1.16x | Rs-61.21 Million |
Industry Comparison
This section compares Zenith Exports Limited's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $3,942,616,760
- Average return on equity (ROE) among peers: 0.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zenith Exports Limited (ZENITHEXPO) | Rs841.10 Million | 3.00% | 0.16x | $12.44 Million |
| Aarvee Denims & Exports Limited (AARVEEDEN) | $1.62 Billion | 1.43% | 1.92x | $38.07 Million |
| Akshar Spintex Limited (AKSHAR) | $315.43 Million | 8.17% | 1.61x | $3.83 Million |
| Alok Industries Limited (ALOKINDS) | $28.60 Billion | 3.25% | 6.40x | $710.41 Million |
| Alps Industries Limited (ALPSINDUS) | $-7.14 Billion | 0.00% | 0.00x | $1.45 Million |
| Axita Cotton Limited (AXITA) | $178.00 Million | 2.59% | 1.15x | $31.78 Million |
| AYM Syntex Limited (AYMSYNTEX) | $3.58 Billion | 3.94% | 1.33x | $137.31 Million |
| Banswara Syntex Limited (BANSWRAS) | $1.62 Billion | 29.03% | 4.55x | $49.71 Million |
| Bannari Amman Spinning Mills Limited (BASML) | $3.38 Billion | -3.26% | 2.30x | $21.43 Million |
| Bombay Dyeing & Mfg Company Limited (BOMDYEING) | $3.70 Billion | -52.54% | 5.56x | $298.05 Million |
| Cheviot Company Limited (CHEVIOT) | $3.57 Billion | 9.69% | 0.11x | $70.36 Million |
About Zenith Exports Limited
Zenith Exports Limited engages in the leather goods and textile fabrics businesses for the home and apparel industries in India and internationally. It operates through Silk Fabrics & Made-ups; Industrial Leather H/Gloves & Made-Ups; Yarns; and Weavings Silk Fabrics (100% EOU) segments. The company offers silk, velvet, and cotton fabrics; industrial leather hand gloves; and made ups. It also trad… Read more