Zenith Exports Limited (ZENITHEXPO) - Net Assets
Based on the latest financial reports, Zenith Exports Limited (ZENITHEXPO) has net assets worth Rs843.20 Million INR (≈ $9.12 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs973.90 Million ≈ $10.53 Million USD) and total liabilities (Rs130.70 Million ≈ $1.41 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 ZENITHEXPO cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs843.20 Million |
| % of Total Assets | 86.58% |
| Annual Growth Rate | -0.48% |
| 5-Year Change | 6.21% |
| 10-Year Change | -10.87% |
| Growth Volatility | 2.84 |
Zenith Exports Limited - Net Assets Trend (2006–2025)
This chart illustrates how Zenith Exports Limited's net assets have evolved over time, based on quarterly financial data. Also explore Zenith Exports Limited total assets for the complete picture of this company's asset base.
Annual Net Assets for Zenith Exports Limited (2006–2025)
The table below shows the annual net assets of Zenith Exports Limited from 2006 to 2025. For live valuation and market cap data, see market cap of Zenith Exports Limited.
| Year | Net Assets | Change |
|---|---|---|
| 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 grown by 24946900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs249.47 Million | 30.43% |
| Common Stock | Rs54.00 Million | 6.59% |
| Other Components | Rs516.23 Million | 62.98% |
| Total Equity | Rs819.70 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 |
|---|---|
|
Country Heights Holdings Bhd
KLSE:5738
|
$12.55 Million |
|
Lanthanein Resources Ltd
AU:LNR
|
$12.55 Million |
|
Perak Corporation Bhd
KLSE:8346
|
$12.55 Million |
|
Personas Social Inc
V:PRSN
|
$12.56 Million |
|
E-Starco
KO:015020
|
$12.54 Million |
|
Gti Energy Ltd
AU:GTR
|
$12.54 Million |
|
Orissa Bengal Carrier Limited
NSE:OBCL
|
$12.54 Million |
|
TRIBECA RESOURCES CORPORA
F:381
|
$12.54 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 2024 to 2025, total equity changed from 802,500,000 to 819,700,000, a change of 17,200,000 (2.1%).
- Net income of 17,100,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 748,500,000.
- Other factors increased equity by 748,600,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs17.10 Million | +2.09% |
| Other Comprehensive Income | Rs-748.50 Million | -91.31% |
| Other Changes | Rs748.60 Million | +91.33% |
| Total Change | Rs- | 2.14% |
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: 1.41x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.29x to 1.41x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs166.52 | Rs215.00 | x |
| 2007-03-31 | Rs170.31 | Rs215.00 | x |
| 2008-03-31 | Rs172.93 | Rs215.00 | x |
| 2009-03-31 | Rs174.32 | Rs215.00 | x |
| 2010-03-31 | Rs171.31 | Rs215.00 | x |
| 2011-03-31 | Rs175.73 | Rs215.00 | x |
| 2012-03-31 | Rs174.99 | Rs215.00 | x |
| 2013-03-31 | Rs176.53 | Rs215.00 | x |
| 2014-03-31 | Rs179.62 | Rs215.00 | x |
| 2015-03-31 | Rs170.14 | Rs215.00 | x |
| 2016-03-31 | Rs170.43 | Rs215.00 | x |
| 2017-03-31 | Rs166.56 | Rs215.00 | x |
| 2018-03-31 | Rs163.38 | Rs215.00 | x |
| 2019-03-31 | Rs148.72 | Rs215.00 | x |
| 2020-03-31 | Rs145.82 | Rs215.00 | x |
| 2021-03-31 | Rs143.02 | Rs215.00 | x |
| 2022-03-31 | Rs144.84 | Rs215.00 | x |
| 2023-03-31 | Rs147.75 | Rs215.00 | x |
| 2024-03-31 | Rs148.71 | Rs215.00 | x |
| 2025-03-31 | Rs151.97 | Rs215.00 | 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): 2.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.37%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 1.23x
- Recent ROE (2.09%) is above the historical average (-0.06%), 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 |
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: $-13,495,168,500
- Average return on equity (ROE) among peers: 8.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zenith Exports Limited (ZENITHEXPO) | Rs843.20 Million | 3.00% | 0.16x | $12.55 Million |
| Aarvee Denims & Exports Limited (AARVEEDEN) | $2.56 Billion | 0.07% | 2.01x | $38.07 Million |
| Akshar Spintex Limited (AKSHAR) | $438.83 Million | 7.87% | 0.68x | $4.09 Million |
| Alok Industries Limited (ALOKINDS) | $-166.76 Billion | 0.00% | 0.00x | $740.48 Million |
| Alps Industries Limited (ALPSINDUS) | $3.00 Billion | 3.96% | 2.62x | $1.45 Million |
| Axita Cotton Limited (AXITA) | $645.64 Million | 31.50% | 0.52x | $30.46 Million |
| AYM Syntex Limited (AYMSYNTEX) | $4.10 Billion | 12.39% | 1.26x | $147.81 Million |
| Banswara Syntex Limited (BANSWRAS) | $1.75 Billion | 8.49% | 4.79x | $43.60 Million |
| Bannari Amman Spinning Mills Limited (BASML) | $1.51 Billion | 10.39% | 0.71x | $21.26 Million |
| Bombay Dyeing & Mfg Company Limited (BOMDYEING) | $11.28 Billion | 1.90% | 1.40x | $252.53 Million |
| Cheviot Company Limited (CHEVIOT) | $6.51 Billion | 8.87% | 0.10x | $74.09 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