Ambuja Cements Limited (AMBUJACEM) - Net Assets
Based on the latest financial reports, Ambuja Cements Limited (AMBUJACEM) has net assets worth Rs694.93 Billion INR (≈ $7.52 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs887.10 Billion ≈ $9.59 Billion USD) and total liabilities (Rs192.17 Billion ≈ $2.08 Billion 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 financial resilience of Ambuja Cements Limited to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs694.93 Billion |
| % of Total Assets | 78.34% |
| Annual Growth Rate | 16.95% |
| 5-Year Change | 119.29% |
| 10-Year Change | 521.21% |
| Growth Volatility | 29.19 |
Ambuja Cements Limited - Net Assets Trend (2003–2024)
This chart illustrates how Ambuja Cements Limited's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Ambuja Cements Limited for the complete picture of this company's asset base.
Annual Net Assets for Ambuja Cements Limited (2003–2024)
The table below shows the annual net assets of Ambuja Cements Limited from 2003 to 2024. For live valuation and market cap data, see Ambuja Cements Limited (AMBUJACEM) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rs638.11 Billion ≈ $6.90 Billion |
+25.50% |
| 2023-12-31 | Rs508.46 Billion ≈ $5.50 Billion |
+31.19% |
| 2022-12-31 | Rs387.57 Billion ≈ $4.19 Billion |
+19.26% |
| 2021-12-31 | Rs324.99 Billion ≈ $3.51 Billion |
+11.69% |
| 2020-12-31 | Rs290.98 Billion ≈ $3.15 Billion |
-2.40% |
| 2019-12-31 | Rs298.15 Billion ≈ $3.22 Billion |
+8.02% |
| 2018-12-31 | Rs276.02 Billion ≈ $2.99 Billion |
+9.18% |
| 2017-12-31 | Rs252.80 Billion ≈ $2.73 Billion |
+5.67% |
| 2016-12-31 | Rs239.23 Billion ≈ $2.59 Billion |
+132.89% |
| 2015-12-31 | Rs102.72 Billion ≈ $1.11 Billion |
+2.00% |
| 2014-12-31 | Rs100.71 Billion ≈ $1.09 Billion |
+6.43% |
| 2013-12-31 | Rs94.63 Billion ≈ $1.02 Billion |
+7.55% |
| 2012-12-31 | Rs87.98 Billion ≈ $951.50 Million |
+9.06% |
| 2011-12-31 | Rs80.67 Billion ≈ $872.43 Million |
+10.11% |
| 2010-12-31 | Rs73.27 Billion ≈ $792.34 Million |
+13.28% |
| 2009-12-31 | Rs64.68 Billion ≈ $699.48 Million |
+14.04% |
| 2008-12-31 | Rs56.71 Billion ≈ $613.34 Million |
+16.70% |
| 2007-12-31 | Rs48.60 Billion ≈ $525.56 Million |
+24.54% |
| 2006-12-31 | Rs39.02 Billion ≈ $422.01 Million |
+61.98% |
| 2004-12-31 | Rs24.09 Billion ≈ $260.53 Million |
+1.20% |
| 2003-12-31 | Rs23.81 Billion ≈ $257.45 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ambuja Cements 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 20574880000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs205.75 Billion | 38.50% |
| Common Stock | Rs4.93 Billion | 0.92% |
| Other Components | Rs323.76 Billion | 60.58% |
| Total Equity | Rs534.43 Billion | 100.00% |
Ambuja Cements Limited Competitors by Market Cap
The table below lists competitors of Ambuja Cements Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Apollo Hospitals Enterprise Limited
NSE:APOLLOHOSP
|
$11.87 Billion |
|
New York Times Company
NYSE:NYT
|
$11.88 Billion |
|
Bank of Chengdu Co Ltd
SHG:601838
|
$11.88 Billion |
|
Shannon Semiconductor Technology Co Ltd
SHE:300475
|
$11.88 Billion |
|
Lite-On Technology Corp
TW:2301
|
$11.87 Billion |
|
A.P. Møller - Mærsk A/S
CO:MAERSK-B
|
$11.87 Billion |
|
Gongniu Group Co Ltd
SHG:603195
|
$11.87 Billion |
|
Corebridge Financial Inc.
NYSE:CRBG
|
$11.84 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ambuja Cements Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 414,500,400,000 to 534,432,500,000, a change of 119,932,100,000 (28.9%).
- Net income of 41,674,300,000 contributed positively to equity growth.
- Dividend payments of 4,926,300,000 reduced retained earnings.
- Share repurchases of 83,390,900,000 reduced equity.
- New share issuances of 83,390,900,000 increased equity.
- Other comprehensive income decreased equity by 87,827,000,000.
- Other factors increased equity by 171,011,100,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs41.67 Billion | +7.8% |
| Dividends Paid | Rs4.93 Billion | -0.92% |
| Share Repurchases | Rs83.39 Billion | -15.6% |
| Share Issuances | Rs83.39 Billion | +15.6% |
| Other Comprehensive Income | Rs-87.83 Billion | -16.43% |
| Other Changes | Rs171.01 Billion | +32.0% |
| Total Change | Rs- | 28.93% |
Book Value vs Market Value Analysis
This analysis compares Ambuja Cements 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: 2.04x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 50.57x to 2.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | Rs8.78 | Rs444.20 | x |
| 2004-12-31 | Rs12.10 | Rs444.20 | x |
| 2006-12-31 | Rs25.75 | Rs444.20 | x |
| 2007-12-31 | Rs24.49 | Rs444.20 | x |
| 2008-12-31 | Rs28.58 | Rs444.20 | x |
| 2009-12-31 | Rs32.60 | Rs444.20 | x |
| 2010-12-31 | Rs36.93 | Rs444.20 | x |
| 2011-12-31 | Rs40.65 | Rs444.20 | x |
| 2012-12-31 | Rs44.34 | Rs444.20 | x |
| 2013-12-31 | Rs47.69 | Rs444.20 | x |
| 2014-12-31 | Rs50.75 | Rs444.20 | x |
| 2015-12-31 | Rs51.77 | Rs444.20 | x |
| 2016-12-31 | Rs98.42 | Rs444.20 | x |
| 2017-12-31 | Rs104.09 | Rs444.20 | x |
| 2018-12-31 | Rs112.64 | Rs444.20 | x |
| 2019-12-31 | Rs121.24 | Rs444.20 | x |
| 2020-12-31 | Rs114.59 | Rs444.20 | x |
| 2021-12-31 | Rs127.66 | Rs444.20 | x |
| 2022-12-31 | Rs68.32 | Rs444.20 | x |
| 2023-12-31 | Rs193.18 | Rs444.20 | x |
| 2024-12-31 | Rs217.50 | Rs444.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ambuja Cements 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): 7.80%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.89%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.51x
- Recent ROE (7.80%) is below the historical average (15.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 22.11% | 15.95% | 0.52x | 2.68x | Rs2.11 Billion |
| 2004 | 22.28% | 17.34% | 0.70x | 1.83x | Rs2.95 Billion |
| 2006 | 43.33% | 26.43% | 1.09x | 1.50x | Rs13.00 Billion |
| 2007 | 37.99% | 31.87% | 0.86x | 1.39x | Rs13.60 Billion |
| 2008 | 24.50% | 22.19% | 0.80x | 1.38x | Rs8.23 Billion |
| 2009 | 18.81% | 17.19% | 0.80x | 1.37x | Rs5.70 Billion |
| 2010 | 17.24% | 17.09% | 0.72x | 1.41x | Rs5.30 Billion |
| 2011 | 15.22% | 14.39% | 0.74x | 1.42x | Rs4.21 Billion |
| 2012 | 14.70% | 13.41% | 0.77x | 1.42x | Rs4.13 Billion |
| 2013 | 13.51% | 14.00% | 0.70x | 1.37x | Rs3.32 Billion |
| 2014 | 14.76% | 14.92% | 0.72x | 1.38x | Rs4.80 Billion |
| 2015 | 7.87% | 8.56% | 0.67x | 1.38x | Rs-2.19 Billion |
| 2016 | 5.65% | 5.49% | 0.62x | 1.67x | Rs-8.49 Billion |
| 2017 | 7.34% | 6.43% | 0.66x | 1.72x | Rs-5.51 Billion |
| 2018 | 9.73% | 8.36% | 0.70x | 1.67x | Rs-596.48 Million |
| 2019 | 8.70% | 7.73% | 0.67x | 1.67x | Rs-3.13 Billion |
| 2020 | 10.39% | 9.65% | 0.62x | 1.75x | Rs896.80 Million |
| 2021 | 10.97% | 9.60% | 0.64x | 1.78x | Rs2.45 Billion |
| 2022 | 13.68% | 6.20% | 0.60x | 3.68x | Rs5.18 Billion |
| 2023 | 8.62% | 10.78% | 0.51x | 1.58x | Rs-5.72 Billion |
| 2024 | 7.80% | 11.89% | 0.43x | 1.51x | Rs-11.77 Billion |
Industry Comparison
This section compares Ambuja Cements Limited's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $40,025,558,222
- Average return on equity (ROE) among peers: 15.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ambuja Cements Limited (AMBUJACEM) | Rs694.93 Billion | 22.11% | 0.28x | $11.87 Billion |
| ACC Limited (ACC) | $73.75 Billion | 14.36% | 0.62x | $2.89 Billion |
| Birla Corporation Limited (BIRLACORPN) | $26.27 Billion | 6.67% | 0.90x | $757.42 Million |
| Dalmia Bharat Limited (DALBHARAT) | $33.19 Billion | 4.32% | 0.70x | $3.87 Billion |
| Grasim Industries Limited (GRASIM) | $162.79 Billion | 21.02% | 0.71x | $20.50 Billion |
| Global Surfaces Limited (GSLSU) | $644.84 Million | 32.51% | 1.00x | $26.18 Million |
| HeidelbergCement India Limited (HEIDELBERG) | $14.70 Billion | 11.41% | 0.81x | $389.25 Million |
| IFGL Refractories Limited (IFGLEXPOR) | $784.40 Million | 33.45% | 1.94x | $147.97 Million |
| The India Cements Limited (INDIACEM) | $34.59 Billion | 3.37% | 1.49x | $1.33 Billion |
| JK Cement Limited (JKCEMENT) | $13.51 Billion | 16.62% | 1.20x | $4.42 Billion |
About Ambuja Cements Limited
Ambuja Cements Limited, together with its subsidiaries, manufactures, markets, and sells cement and related products to individual homebuilders, developers, infrastructure projects, masons and contractors, professionals, and architects and engineers in India. It offers Portland pozzolana cement and ordinary Portland cement, as well as temperature resistant concrete blocks, Blaine Portland cement,… Read more