Power Mech Projects (POWERMECH.NS)

Net assets on the balance sheet as of March 2024 : ₹18.51 B

According to Power Mech Projects's latest financial reports the company has ₹18.51 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Power Mech Projects - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$₹12.76 B	22.01%
2022-03-31	$₹10.46 B	15.19%
2021-03-31	$₹9.08 B	-5.3%
2020-03-31	$₹9.59 B	15.92%
2019-03-31	$₹8.27 B	16.18%
2018-03-31	$₹7.12 B	14.26%
2017-03-31	$₹6.23 B	12.22%
2016-03-31	$₹5.55 B	55.83%
2015-03-31	$₹3.56 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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Power Mech Projects (POWERMECH.NS) - Net assets