Shriram Pistons & Rings (SHRIPISTON.NS)

Net assets on the balance sheet as of September 2024 : ₹22.63 Billion

According to Shriram Pistons & Rings's latest financial reports the company has ₹22.63 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	$₹15.41 B	22.83%
2022-03-31	$₹12.55 B	9.31%
2021-03-31	$₹11.48 B	7.25%
2020-03-31	$₹10.70 B	1.44%
2019-03-31	$₹10.55 B	15.55%
2018-03-31	$₹9.13 B	14.97%
2017-03-31	$₹7.94 B	14.24%
2016-03-31	$₹6.95 B	14.52%
2015-03-31	$₹6.07 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