BELL AGROMACHINA ORD T (BSE)
Balu Forge Industries Limited manufactures and sells crankshafts in India and internationally. The company also offers railway wheels, under carriages, transmission and clutches, chassis, hydraulic motors, brake parts, lifting hooks, towing accessories, turbine blades, empty shells, and forged components as well as oil and gas, and flow control products. It supplies crankshafts to original equipm… Read more
BELL AGROMACHINA ORD T (BSE) (BALUFORGE) - Net Assets
Latest net assets as of September 2025: ₹12.49 Billion INR
Based on the latest financial reports, BELL AGROMACHINA ORD T (BSE) (BALUFORGE) has net assets worth ₹12.49 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹15.24 Billion) and total liabilities (₹2.75 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹12.49 Billion |
| % of Total Assets | 81.94% |
| Annual Growth Rate | 104.04% |
| 5-Year Change | 1258.78% |
| 10-Year Change | 6642866.08% |
| Growth Volatility | 5519.93 |
BELL AGROMACHINA ORD T (BSE) - Net Assets Trend (2010–2025)
This chart illustrates how BELL AGROMACHINA ORD T (BSE)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for BELL AGROMACHINA ORD T (BSE) (2010–2025)
The table below shows the annual net assets of BELL AGROMACHINA ORD T (BSE) from 2010 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹10.53 Billion | +90.47% |
| 2024-03-31 | ₹5.53 Billion | +179.80% |
| 2023-03-31 | ₹1.98 Billion | +24.59% |
| 2022-03-31 | ₹1.59 Billion | +104.65% |
| 2021-03-31 | ₹775.12 Million | +22199.11% |
| 2020-03-31 | ₹3.48 Million | +14.14% |
| 2019-03-31 | ₹3.05 Million | +165.12% |
| 2018-03-31 | ₹1.15 Million | +126.39% |
| 2017-03-31 | ₹507.42K | +220.04% |
| 2016-03-31 | ₹158.55K | -52.32% |
| 2015-03-31 | ₹332.54K | +27.95% |
| 2014-03-31 | ₹259.90K | +18.25% |
| 2013-03-31 | ₹219.78K | -71.91% |
| 2012-03-31 | ₹782.41K | +54.93% |
| 2011-03-31 | ₹505.00K | +112.18% |
| 2010-03-31 | ₹238.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to BELL AGROMACHINA ORD T (BSE)'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 373931310000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹3.71 Billion | 35.18% |
| Common Stock | ₹1.11 Billion | 10.52% |
| Other Comprehensive Income | ₹919.18 Million | 8.73% |
| Other Components | ₹4.80 Billion | 45.57% |
| Total Equity | ₹10.53 Billion | 100.00% |
BELL AGROMACHINA ORD T (BSE) Competitors by Market Cap
The table below lists competitors of BELL AGROMACHINA ORD T (BSE) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pacific Current Group Ltd
AU:PAC
|
$157.22 Million |
|
Eris Technology
TWO:3675
|
$157.23 Million |
|
Shenzhen Institute of Building Research Co Ltd Class A
SHE:300675
|
$157.27 Million |
|
MLP Saglik Hizmetleri AS
IS:MPARK
|
$157.36 Million |
|
Aurelia Metals Limited
PINK:AUMTF
|
$157.18 Million |
|
Zhejiang Xinchai Co. Ltd.
SHE:301032
|
$157.13 Million |
|
Xiamen R&T Plumbing Technology Co Ltd
SHE:002790
|
$157.11 Million |
|
Jinpu Landscape Architecture Co.Ltd.
SHE:301098
|
$157.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BELL AGROMACHINA ORD T (BSE)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,529,633,000 to 10,532,157,000, a change of 5,002,524,000 (90.5%).
- Net income of 2,038,554,000 contributed positively to equity growth.
- Dividend payments of 15,741,000 reduced retained earnings.
- New share issuances of 2,961,466,000 increased equity.
- Other comprehensive income increased equity by 687,037,999.
- Other factors decreased equity by 668,792,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹2.04 Billion | +19.36% |
| Dividends Paid | ₹15.74 Million | -0.15% |
| Share Issuances | ₹2.96 Billion | +28.12% |
| Other Comprehensive Income | ₹687.04 Million | +6.52% |
| Other Changes | ₹-668.79 Million | -6.35% |
| Total Change | ₹- | 90.47% |
Book Value vs Market Value Analysis
This analysis compares BELL AGROMACHINA ORD T (BSE)'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: 4.70x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 593.37x to 4.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-03-31 | ₹0.75 | ₹445.85 | x |
| 2015-03-31 | ₹0.96 | ₹445.85 | x |
| 2016-03-31 | ₹0.45 | ₹445.85 | x |
| 2017-03-31 | ₹1.45 | ₹445.85 | x |
| 2018-03-31 | ₹3.28 | ₹445.85 | x |
| 2019-03-31 | ₹8.70 | ₹445.85 | x |
| 2020-03-31 | ₹0.00 | ₹445.85 | x |
| 2021-03-31 | ₹19.26 | ₹445.85 | x |
| 2022-03-31 | ₹21.06 | ₹445.85 | x |
| 2023-03-31 | ₹23.72 | ₹445.85 | x |
| 2024-03-31 | ₹57.50 | ₹445.85 | x |
| 2025-03-31 | ₹94.96 | ₹445.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BELL AGROMACHINA ORD T (BSE) 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): 19.36%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.07%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.19x
- Recent ROE (19.36%) is above the historical average (16.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 15.44% | 4.90% | 1.33x | 2.37x | ₹14.13K |
| 2015 | 21.84% | 8.09% | 1.32x | 2.04x | ₹39.38K |
| 2016 | -109.75% | -38.53% | 0.58x | 4.90x | ₹-189.85K |
| 2017 | 68.73% | 29.03% | 0.96x | 2.45x | ₹297.70K |
| 2018 | 59.25% | 34.09% | 1.00x | 1.73x | ₹565.93K |
| 2019 | 62.36% | 104.05% | 0.55x | 1.09x | ₹1.59 Million |
| 2020 | 0.00% | 19.94% | 0.49x | 0.00x | ₹408.40K |
| 2021 | 9.83% | 5.53% | 0.80x | 2.21x | ₹-1.32 Million |
| 2022 | 18.81% | 10.82% | 0.97x | 1.79x | ₹139.82 Million |
| 2023 | 19.69% | 11.91% | 0.88x | 1.88x | ₹191.50 Million |
| 2024 | 16.94% | 16.93% | 0.78x | 1.29x | ₹383.77 Million |
| 2025 | 19.36% | 22.07% | 0.74x | 1.19x | ₹985.34 Million |
Industry Comparison
This section compares BELL AGROMACHINA ORD T (BSE)'s net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $2,397,115,017
- Average return on equity (ROE) among peers: 15.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BELL AGROMACHINA ORD T (BSE) (BALUFORGE) | ₹12.49 Billion | 15.44% | 0.22x | $157.21 Million |
| Aeroflex Industries Limited (AEROFLEX) | $477.26 Million | 14.85% | 2.21x | $117.91 Million |
| Alicon Castalloy Limited (ALICON) | $771.45 Million | 18.69% | 2.90x | $35.46 Million |
| DCM Limited (DCM) | $2.25 Billion | -1.93% | 2.18x | $4.01 Million |
| DEE Development Eng Ltd (DEEDEV) | $4.12 Billion | 1.99% | 1.05x | $73.80 Million |
| D P Wires Limited (DPWIRES) | $1.52 Billion | 19.14% | 0.29x | $5.42 Million |
| Gandhi Special Tubes Limited (GANDHITUBE) | $490.87 Million | 32.88% | 0.19x | $42.31 Million |
| Ganga Forging Limited (GANGAFORGE) | $27.26 Million | 22.28% | 2.96x | $2.77 Million |
| Gravita India Limited (GRAVITA) | $2.04 Billion | 7.59% | 1.81x | $498.10 Million |
| Happy Forgings Limited (HAPPYFORGE) | $9.88 Billion | 21.12% | 0.34x | $301.15 Million |