ZUARI INDUSTRIES LIMITED (ZUARIIND) - Net Assets

Latest as of September 2025: Rs46.57 Billion INR ≈ $503.69 Million USD

Based on the latest financial reports, ZUARI INDUSTRIES LIMITED (ZUARIIND) has net assets worth Rs46.57 Billion INR (≈ $503.69 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 (Rs81.04 Billion ≈ $876.39 Million USD) and total liabilities (Rs34.46 Billion ≈ $372.70 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 ZUARI INDUSTRIES LIMITED tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs46.57 Billion
% of Total Assets	57.47%
Annual Growth Rate	15.61%
5-Year Change	150.89%
10-Year Change	605.98%
Growth Volatility	54.42

ZUARI INDUSTRIES LIMITED - Net Assets Trend (2005–2025)

This chart illustrates how ZUARI INDUSTRIES LIMITED's net assets have evolved over time, based on quarterly financial data. See ZUARI INDUSTRIES LIMITED (ZUARIIND) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for ZUARI INDUSTRIES LIMITED (2005–2025)

The table below shows the annual net assets of ZUARI INDUSTRIES LIMITED from 2005 to 2025. For live valuation and market cap data, see ZUARI INDUSTRIES LIMITED market cap and net worth.

Year	Net Assets	Change
2025-03-31	Rs50.32 Billion ≈ $544.20 Million	+28.88%
2024-03-31	Rs39.05 Billion ≈ $422.26 Million	+63.93%
2023-03-31	Rs23.82 Billion ≈ $257.58 Million	-19.57%
2022-03-31	Rs29.62 Billion ≈ $320.28 Million	+47.65%
2021-03-31	Rs20.06 Billion ≈ $216.91 Million	+76.71%
2020-03-31	Rs11.35 Billion ≈ $122.75 Million	-48.79%
2019-03-31	Rs22.17 Billion ≈ $239.72 Million	-8.44%
2018-03-31	Rs24.21 Billion ≈ $261.82 Million	+20.13%
2017-03-31	Rs20.15 Billion ≈ $217.95 Million	+182.74%
2016-03-31	Rs7.13 Billion ≈ $77.09 Million	-5.43%
2015-03-31	Rs7.54 Billion ≈ $81.51 Million	+6.38%
2014-03-31	Rs7.08 Billion ≈ $76.62 Million	+1.02%
2013-03-31	Rs7.01 Billion ≈ $75.85 Million	+0.80%
2012-03-31	Rs6.96 Billion ≈ $75.25 Million	-58.48%
2011-03-31	Rs16.76 Billion ≈ $181.22 Million	+16.85%
2010-03-31	Rs14.34 Billion ≈ $155.09 Million	+20.70%
2009-03-31	Rs11.88 Billion ≈ $128.49 Million	+43.20%
2008-03-31	Rs8.30 Billion ≈ $89.73 Million	+14.27%
2007-03-31	Rs7.26 Billion ≈ $78.52 Million	+130.11%
2006-03-31	Rs3.16 Billion ≈ $34.12 Million	+14.08%
2005-03-31	Rs2.77 Billion ≈ $29.91 Million	--

Equity Component Analysis

This analysis shows how different components contribute to ZUARI 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 grown by 1399720100000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs14.00 Billion	27.73%
Common Stock	Rs297.82 Million	0.59%
Other Comprehensive Income	Rs36.18 Billion	71.68%
Total Equity	Rs50.48 Billion	100.00%

ZUARI INDUSTRIES LIMITED Competitors by Market Cap

The table below lists competitors of ZUARI INDUSTRIES LIMITED ranked by their market capitalization.

Company	Market Cap
G Collado S.A.B. de C.V MX:COLLADO	$86.35 Million
Clipan Finance Indonesia Tbk JK:CFIN	$86.39 Million
Terracom Ltd AU:TER	$86.40 Million
Oncoinvent ASA OL:KLDVK	$86.41 Million
NexMetals Mining Corp. Common Shares NASDAQ:NEXM	$86.27 Million
Intech Biopharm Ltd TWO:6461	$86.25 Million
AI TRANSPORTATION ACQUISITION CORP Ordinary shares NASDAQ:AITR	$86.22 Million
Igis Residence Reit Co Ltd KO:350520	$86.19 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in ZUARI INDUSTRIES LIMITED's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 39,188,922,000 to 50,476,181,000, a change of 11,287,259,000 (28.8%).
Net loss of 932,190,000 reduced equity.
Dividend payments of 40,071,000 reduced retained earnings.
Other comprehensive income increased equity by 12,842,492,000.
Other factors decreased equity by 582,972,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs-932.19 Million	-1.85%
Dividends Paid	Rs40.07 Million	-0.08%
Other Comprehensive Income	Rs12.84 Billion	+25.44%
Other Changes	Rs-582.97 Million	-1.15%
Total Change	Rs-	28.80%

Book Value vs Market Value Analysis

This analysis compares ZUARI 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: 0.16x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 2.85x to 0.16x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-03-31	Rs93.96	Rs268.00	x
2006-03-31	Rs106.64	Rs268.00	x
2007-03-31	Rs246.62	Rs268.00	x
2008-03-31	Rs281.80	Rs268.00	x
2009-03-31	Rs380.95	Rs268.00	x
2010-03-31	Rs461.82	Rs268.00	x
2011-03-31	Rs540.62	Rs268.00	x
2012-03-31	Rs235.04	Rs268.00	x
2013-03-31	Rs238.15	Rs268.00	x
2014-03-31	Rs240.64	Rs268.00	x
2015-03-31	Rs255.98	Rs268.00	x
2016-03-31	Rs242.11	Rs268.00	x
2017-03-31	Rs676.47	Rs268.00	x
2018-03-31	Rs818.59	Rs268.00	x
2019-03-31	Rs753.94	Rs268.00	x
2020-03-31	Rs396.33	Rs268.00	x
2021-03-31	Rs646.06	Rs268.00	x
2022-03-31	Rs991.58	Rs268.00	x
2023-03-31	Rs804.19	Rs268.00	x
2024-03-31	Rs1315.90	Rs268.00	x
2025-03-31	Rs1695.67	Rs268.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently ZUARI 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): -1.85%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -9.61%
• Asset Turnover: 0.11x
• Equity Multiplier: 1.77x
Recent ROE (-1.85%) is below the historical average (4.42%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	-3.60%	-0.35%	1.30x	8.01x	Rs-375.90 Million
2006	11.60%	1.02%	1.32x	8.60x	Rs50.16 Million
2007	57.72%	11.70%	1.26x	3.90x	Rs3.46 Billion
2008	14.03%	2.96%	1.28x	3.69x	Rs334.57 Million
2009	31.46%	4.03%	1.61x	4.86x	Rs2.41 Billion
2010	19.72%	4.55%	1.36x	3.18x	Rs1.32 Billion
2011	16.66%	3.57%	1.68x	2.78x	Rs1.06 Billion
2012	-31.49%	-11.61%	1.90x	1.42x	Rs-2.87 Billion
2013	2.26%	3.98%	0.36x	1.58x	Rs-542.61 Million
2014	-0.17%	-0.19%	0.48x	1.89x	Rs-720.43 Million
2015	-3.48%	-5.04%	0.28x	2.47x	Rs-1.02 Billion
2016	-7.45%	-9.36%	0.29x	2.71x	Rs-1.24 Billion
2017	-1.40%	-4.64%	0.19x	1.63x	Rs-2.27 Billion
2018	-1.16%	-5.15%	0.13x	1.73x	Rs-2.69 Billion
2019	-4.08%	-11.73%	0.17x	2.01x	Rs-3.13 Billion
2020	-31.45%	-47.63%	0.20x	3.38x	Rs-4.84 Billion
2021	-4.43%	-10.68%	0.16x	2.58x	Rs-2.80 Billion
2022	-1.20%	-4.97%	0.12x	2.10x	Rs-3.33 Billion
2023	12.97%	32.52%	0.16x	2.43x	Rs711.33 Million
2024	18.22%	85.30%	0.11x	1.91x	Rs3.22 Billion
2025	-1.85%	-9.61%	0.11x	1.77x	Rs-5.98 Billion

Industry Comparison

This section compares ZUARI INDUSTRIES LIMITED's net assets metrics with peer companies in the Conglomerates industry.

Industry Context

Industry: Conglomerates
Average net assets among peers: $27,105,821,074
Average return on equity (ROE) among peers: 14.03%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
ZUARI INDUSTRIES LIMITED (ZUARIIND)	Rs46.57 Billion	-3.60%	0.74x	$86.32 Million
Balmer Lawrie & Company Limited (BALMLAWRIE)	$19.89 Billion	13.37%	0.53x	$339.32 Million
BEML Limited (BEML)	$20.44 Billion	10.98%	1.16x	$1.60 Billion
Carborundum Universal Limited (CARBORUNIV)	$8.05 Billion	21.22%	0.85x	$2.46 Billion
Career Point Limited (CAREERP)	$3.53 Billion	4.10%	0.20x	$39.37 Million
Cyient Limited (CYIENT)	$29.54 Billion	12.32%	0.52x	$1.04 Billion
DCM Shriram Limited (DCMSHRIRAM)	$11.49 Billion	58.53%	2.16x	$1.74 Billion
Excel Realty N Infra Limited (EXCEL)	$1.26 Billion	11.12%	0.03x	$13.58 Million
Godrej Industries Limited (GODREJIND)	$143.01 Billion	6.82%	2.07x	$4.05 Billion
Hindustan Foods Limited (HNDFDS)	$3.04 Billion	14.69%	2.24x	$726.25 Million
Jain Irrigation Systems Limited (JISLDVREQS)	$30.81 Billion	-12.84%	3.12x	$5.09 Million

About ZUARI INDUSTRIES LIMITED

NSE:ZUARIIND India Conglomerates

Market Cap

$86.32 Million

Rs7.98 Billion INR

Market Cap Rank

#19844 Global

#1073 in India

Share Price

Rs268.00

Change (1 day)

+0.06%

52-Week Range

Rs213.30 - Rs403.90

All Time High

Rs414.20