Shriram Pistons & Rings (SHRIPISTON.NS)

Net assets on the balance sheet as of September 2024 : HK$2.08 Billion

According to Shriram Pistons & Rings's latest financial reports the company has HK$2.08 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Shriram Pistons & Rings - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$HK$1.47 B	13.77%
2022-03-31	$HK$1.29 B	6.58%
2021-03-31	$HK$1.21 B	10.41%
2020-03-31	$HK$1.10 B	-7.73%
2019-03-31	$HK$1.19 B	8.36%
2018-03-31	$HK$1.10 B	15.57%
2017-03-31	$HK$0.95 B	17.27%
2016-03-31	$HK$0.81 B	7.84%
2015-03-31	$HK$0.75 B

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Shriram Pistons & Rings (SHRIPISTON.NS) - Net assets