Amara Raja Batteries Limited (ARE&M) - Net Assets

Latest as of March 2026: Rs80.99 Billion INR ≈ $875.87 Million USD

Based on the latest financial reports, Amara Raja Batteries Limited (ARE&M) has net assets worth Rs80.99 Billion INR (≈ $875.87 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs114.57 Billion ≈ $1.24 Billion USD) and total liabilities (Rs33.58 Billion ≈ $363.13 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 strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs80.99 Billion
% of Total Assets	70.69%
Annual Growth Rate	19.85%
5-Year Change	77.9%
10-Year Change	212.33%
Growth Volatility	8.93

Amara Raja Batteries Limited - Net Assets Trend (2005–2026)

This chart illustrates how Amara Raja Batteries Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of Amara Raja Batteries Limited.

Annual Net Assets for Amara Raja Batteries Limited (2005–2026)

The table below shows the annual net assets of Amara Raja Batteries Limited from 2005 to 2026. Also explore ARE&M year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2026-03-31	Rs80.99 Billion ≈ $875.87 Million	+9.61%
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	--

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 11277.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Retained Earnings	Rs64.50 Billion	79.64%
Common Stock	Rs183.00 Million	0.23%
Other Components	Rs16.31 Billion	20.14%
Total Equity	Rs80.99 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
Guangzhou Goaland Energy Conservation Tech Co Ltd SHE:300499	$1.61 Billion
Allied Gold Corporation NYSE:AAUC	$1.61 Billion
MCC Meili Paper Industry Co Ltd SHE:000815	$1.61 Billion
Atrium Ljungberg AB (publ) ST:ATRLJ-B	$1.61 Billion
EVT Ltd AU:EVT	$1.61 Billion
Cloetta AB (publ) ST:CLA-B	$1.61 Billion
Tilaknagar Industries Limited NSE:TI	$1.61 Billion
Pimco Dynamic Income Opportunities Fund NYSE:PDO	$1.61 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 2025 to 2026, total equity changed from 73,891,300,000 to 80,989,600,000, a change of 7,098,300,000 (9.6%).
Net income of 8,957,700,000 contributed positively to equity growth.
Dividend payments of 1,940,100,000 reduced retained earnings.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs8.96 Billion	+11.06%
Dividends Paid	Rs1.94 Billion	-2.4%
Other Changes	Rs80.70 Million	+0.1%
Total Change	Rs-	9.61%

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: 1.84x
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 76.84x to 1.84x 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	Rs812.85	x
2006-03-31	Rs11.78	Rs812.85	x
2007-03-31	Rs14.27	Rs812.85	x
2008-03-31	Rs19.50	Rs812.85	x
2009-03-31	Rs23.74	Rs812.85	x
2010-03-31	Rs31.83	Rs812.85	x
2011-03-31	Rs37.81	Rs812.85	x
2012-03-31	Rs48.21	Rs812.85	x
2013-03-31	Rs62.05	Rs812.85	x
2014-03-31	Rs79.78	Rs812.85	x
2015-03-31	Rs104.47	Rs812.85	x
2016-03-31	Rs123.87	Rs812.85	x
2017-03-31	Rs151.81	Rs812.85	x
2018-03-31	Rs171.97	Rs812.85	x
2019-03-31	Rs195.25	Rs812.85	x
2020-03-31	Rs213.99	Rs812.85	x
2021-03-31	Rs246.47	Rs812.85	x
2022-03-31	Rs266.52	Rs812.85	x
2023-03-31	Rs328.21	Rs812.85	x
2024-03-31	Rs371.46	Rs812.85	x
2025-03-31	Rs403.67	Rs812.85	x
2026-03-31	Rs442.57	Rs812.85	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): 11.06%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 6.48%
• Asset Turnover: 1.21x
• Equity Multiplier: 1.41x
Recent ROE (11.06%) is below the historical average (18.53%), 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%	9.70%	1.36x	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%	8.02%	1.30x	1.32x	Rs2.55 Billion
2025	12.78%	7.39%	1.26x	1.38x	Rs2.06 Billion
2026	11.06%	6.48%	1.21x	1.41x	Rs858.74 Million

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: $3,708,806,452
Average return on equity (ROE) among peers: 9.88%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Amara Raja Batteries Limited (ARE&M)	Rs80.99 Billion	4.81%	0.41x	$1.61 Billion
Apar Industries Limited (APARINDS)	$3.52 Billion	27.29%	4.58x	$7.77 Billion
Bharat Bijlee Limited (BBL)	$2.65 Billion	-12.83%	1.26x	$272.73 Million
CG Power and Industrial Solutions Limited (CGPOWER)	$9.97 Billion	28.25%	3.20x	$15.25 Billion
Cords Cable Industries Limited (CORDSCABLE)	$1.52 Billion	4.19%	1.13x	$51.68 Million
De Nora India Limited (DENORA)	$256.06 Million	16.36%	0.43x	$45.68 Million
Dynamic Cables Limited (DYCL)	$2.14 Billion	17.65%	1.33x	$249.93 Million
Elin Electronics Limited (ELIN)	$5.34 Billion	5.49%	0.36x	$48.36 Million
Eveready Industries India Limited (EVEREADY)	$5.84 Billion	0.87%	0.88x	$258.23 Million
Exicom Tele-Systems Limited (EXICOM)	$2.13 Billion	1.62%	2.18x	$252.82 Million

About Amara Raja Batteries Limited

NSE:ARE&M India Electrical Equipment & Parts

Market Cap

$1.61 Billion

Rs148.77 Billion INR

Market Cap Rank

#7022 Global

#338 in India

Share Price

Rs812.85

Change (1 day)

+2.48%

52-Week Range

Rs672.45 - Rs1016.45

All Time High

Rs1694.22