Amara Raja Batteries Limited (ARE&M) - Net Assets
Based on the latest financial reports, Amara Raja Batteries Limited (ARE&M) has net assets worth Rs77.37 Billion INR (≈ $836.75 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 (Rs108.47 Billion ≈ $1.17 Billion USD) and total liabilities (Rs31.10 Billion ≈ $336.36 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 Amara Raja Batteries Limited (ARE&M) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs77.37 Billion |
| % of Total Assets | 71.33% |
| Annual Growth Rate | 20.39% |
| 5-Year Change | 75.51% |
| 10-Year Change | 249.22% |
| Growth Volatility | 8.82 |
Amara Raja Batteries Limited - Net Assets Trend (2005–2025)
This chart illustrates how Amara Raja Batteries Limited's net assets have evolved over time, based on quarterly financial data. Also explore how large is Amara Raja Batteries Limited's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Amara Raja Batteries Limited (2005–2025)
The table below shows the annual net assets of Amara Raja Batteries Limited from 2005 to 2025. For live valuation and market cap data, see how much is Amara Raja Batteries Limited worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs73.89 Billion ≈ $799.11 Million |
+8.68% |
| 2024-03-31 | Rs67.99 Billion ≈ $735.26 Million |
+13.18% |
| 2023-03-31 | Rs60.07 Billion ≈ $649.64 Million |
+31.95% |
| 2022-03-31 | Rs45.52 Billion ≈ $492.33 Million |
+8.14% |
| 2021-03-31 | Rs42.10 Billion ≈ $455.29 Million |
+15.17% |
| 2020-03-31 | Rs36.55 Billion ≈ $395.31 Million |
+9.60% |
| 2019-03-31 | Rs33.35 Billion ≈ $360.67 Million |
+13.54% |
| 2018-03-31 | Rs29.37 Billion ≈ $317.67 Million |
+13.28% |
| 2017-03-31 | Rs25.93 Billion ≈ $280.43 Million |
+22.55% |
| 2016-03-31 | Rs21.16 Billion ≈ $228.82 Million |
+18.57% |
| 2015-03-31 | Rs17.84 Billion ≈ $192.98 Million |
+30.95% |
| 2014-03-31 | Rs13.63 Billion ≈ $147.37 Million |
+28.58% |
| 2013-03-31 | Rs10.60 Billion ≈ $114.61 Million |
+28.70% |
| 2012-03-31 | Rs8.23 Billion ≈ $89.06 Million |
+27.49% |
| 2011-03-31 | Rs6.46 Billion ≈ $69.85 Million |
+18.81% |
| 2010-03-31 | Rs5.44 Billion ≈ $58.79 Million |
+34.04% |
| 2009-03-31 | Rs4.06 Billion ≈ $43.86 Million |
+21.76% |
| 2008-03-31 | Rs3.33 Billion ≈ $36.02 Million |
+36.70% |
| 2007-03-31 | Rs2.44 Billion ≈ $26.35 Million |
+21.05% |
| 2006-03-31 | Rs2.01 Billion ≈ $21.77 Million |
+11.40% |
| 2005-03-31 | Rs1.81 Billion ≈ $19.54 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Amara Raja Batteries 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 10198.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs58.38 Billion | 79.01% |
| Common Stock | Rs183.00 Million | 0.25% |
| Other Components | Rs15.33 Billion | 20.75% |
| Total Equity | Rs73.89 Billion | 100.00% |
Amara Raja Batteries Limited Competitors by Market Cap
The table below lists competitors of Amara Raja Batteries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Okeanis Eco Tankers Corp
OL:OET
|
$1.75 Billion |
|
Dongsuh
KO:026960
|
$1.75 Billion |
|
Axogen Inc
NASDAQ:AXGN
|
$1.75 Billion |
|
Zydus Wellness Limited
NSE:ZYDUSWELL
|
$1.75 Billion |
|
Sunstone Hotel Investors Inc
NYSE:SHO
|
$1.75 Billion |
|
Jamf Holding
NASDAQ:JAMF
|
$1.75 Billion |
|
Tootsie Roll Industries Inc
NYSE:TR
|
$1.75 Billion |
|
Xuzhou Handler Special Vehicle Co Ltd
SHE:300201
|
$1.75 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Amara Raja Batteries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 67,987,300,000 to 73,891,300,000, a change of 5,904,000,000 (8.7%).
- Net income of 9,446,700,000 contributed positively to equity growth.
- Dividend payments of 1,903,500,000 reduced retained earnings.
- Other comprehensive income decreased equity by 8,969,800,000.
- Other factors increased equity by 7,330,600,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs9.45 Billion | +12.78% |
| Dividends Paid | Rs1.90 Billion | -2.58% |
| Other Comprehensive Income | Rs-8.97 Billion | -12.14% |
| Other Changes | Rs7.33 Billion | +9.92% |
| Total Change | Rs- | 8.68% |
Book Value vs Market Value Analysis
This analysis compares Amara Raja Batteries 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: 2.19x
- 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 83.64x to 2.19x 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 | Rs10.58 | Rs884.70 | x |
| 2006-03-31 | Rs11.78 | Rs884.70 | x |
| 2007-03-31 | Rs14.27 | Rs884.70 | x |
| 2008-03-31 | Rs19.50 | Rs884.70 | x |
| 2009-03-31 | Rs23.74 | Rs884.70 | x |
| 2010-03-31 | Rs31.83 | Rs884.70 | x |
| 2011-03-31 | Rs37.81 | Rs884.70 | x |
| 2012-03-31 | Rs48.21 | Rs884.70 | x |
| 2013-03-31 | Rs62.05 | Rs884.70 | x |
| 2014-03-31 | Rs79.78 | Rs884.70 | x |
| 2015-03-31 | Rs104.47 | Rs884.70 | x |
| 2016-03-31 | Rs123.87 | Rs884.70 | x |
| 2017-03-31 | Rs151.81 | Rs884.70 | x |
| 2018-03-31 | Rs171.97 | Rs884.70 | x |
| 2019-03-31 | Rs195.25 | Rs884.70 | x |
| 2020-03-31 | Rs213.99 | Rs884.70 | x |
| 2021-03-31 | Rs246.47 | Rs884.70 | x |
| 2022-03-31 | Rs266.52 | Rs884.70 | x |
| 2023-03-31 | Rs328.21 | Rs884.70 | x |
| 2024-03-31 | Rs371.46 | Rs884.70 | x |
| 2025-03-31 | Rs403.67 | Rs884.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Amara Raja Batteries 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): 12.78%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.35%
- • Asset Turnover: 1.26x
- • Equity Multiplier: 1.38x
- Recent ROE (12.78%) is below the historical average (18.88%), 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 | 4.81% | 3.68% | 0.84x | 1.56x | Rs-93.78 Million |
| 2006 | 11.85% | 6.56% | 0.98x | 1.83x | Rs37.18 Million |
| 2007 | 19.31% | 7.90% | 1.13x | 2.17x | Rs226.77 Million |
| 2008 | 28.33% | 8.71% | 1.28x | 2.54x | Rs610.53 Million |
| 2009 | 19.84% | 6.13% | 1.47x | 2.20x | Rs399.20 Million |
| 2010 | 30.72% | 11.13% | 1.54x | 1.79x | Rs1.13 Billion |
| 2011 | 22.93% | 8.41% | 1.58x | 1.73x | Rs835.03 Million |
| 2012 | 26.12% | 9.10% | 1.75x | 1.64x | Rs1.33 Billion |
| 2013 | 27.05% | 9.69% | 1.67x | 1.67x | Rs1.81 Billion |
| 2014 | 26.96% | 10.70% | 1.73x | 1.46x | Rs2.31 Billion |
| 2015 | 23.02% | 9.76% | 1.76x | 1.34x | Rs2.32 Billion |
| 2016 | 23.24% | 10.65% | 1.56x | 1.39x | Rs2.80 Billion |
| 2017 | 18.45% | 9.02% | 1.48x | 1.38x | Rs2.19 Billion |
| 2018 | 16.05% | 7.80% | 1.45x | 1.42x | Rs1.78 Billion |
| 2019 | 14.49% | 7.14% | 1.51x | 1.35x | Rs1.50 Billion |
| 2020 | 18.08% | 9.66% | 1.37x | 1.37x | Rs2.95 Billion |
| 2021 | 15.36% | 9.07% | 1.23x | 1.38x | Rs2.26 Billion |
| 2022 | 11.26% | 5.92% | 1.36x | 1.40x | Rs573.22 Million |
| 2023 | 12.17% | 7.07% | 1.30x | 1.33x | Rs1.30 Billion |
| 2024 | 13.74% | 7.98% | 1.30x | 1.32x | Rs2.55 Billion |
| 2025 | 12.78% | 7.35% | 1.26x | 1.38x | Rs2.06 Billion |
Industry Comparison
This section compares Amara Raja Batteries Limited's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $3,790,034,656
- Average return on equity (ROE) among peers: 9.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Amara Raja Batteries Limited (ARE&M) | Rs77.37 Billion | 4.81% | 0.40x | $1.75 Billion |
| Apar Industries Limited (APARINDS) | $12.02 Billion | 11.32% | 3.18x | $5.40 Billion |
| Bharat Bijlee Limited (BBL) | $7.56 Billion | 6.04% | 0.64x | $380.36 Million |
| CG Power and Industrial Solutions Limited (CGPOWER) | $3.52 Billion | 8.31% | 2.86x | $13.66 Billion |
| Cords Cable Industries Limited (CORDSCABLE) | $1.05 Billion | 5.81% | 1.75x | $26.33 Million |
| De Nora India Limited (DENORA) | $359.43 Million | 13.29% | 0.35x | $47.94 Million |
| Dynamic Cables Limited (DYCL) | $412.85 Million | 19.18% | 3.26x | $205.54 Million |
| Elin Electronics Limited (ELIN) | $2.62 Billion | 13.29% | 0.94x | $65.01 Million |
| Eveready Industries India Limited (EVEREADY) | $4.44 Billion | 10.44% | 1.56x | $253.75 Million |
| Exicom Tele-Systems Limited (EXICOM) | $2.13 Billion | 1.62% | 2.18x | $170.71 Million |
About Amara Raja Batteries Limited
Amara Raja Energy & Mobility Limited, together with its subsidiaries, manufactures and sells lead-acid storage batteries for industrial and automotive applications in India and internationally. It operates in two segments, Lead Acid and Allied Products, and Others. The company provides new energy business related products; installation, commissioning, and maintenance services; and industrial char… Read more