Bhandari Hosiery Exports Limited (BHANDARI) - Net Assets
Based on the latest financial reports, Bhandari Hosiery Exports Limited (BHANDARI) has net assets worth Rs1.56 Billion INR (≈ $16.91 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 (Rs2.83 Billion ≈ $30.58 Million USD) and total liabilities (Rs1.26 Billion ≈ $13.67 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 BHANDARI asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs1.56 Billion |
| % of Total Assets | 55.3% |
| Annual Growth Rate | 15.1% |
| 5-Year Change | 103.03% |
| 10-Year Change | 179.3% |
| Growth Volatility | 22.32 |
Bhandari Hosiery Exports Limited - Net Assets Trend (2006–2025)
This chart illustrates how Bhandari Hosiery Exports Limited's net assets have evolved over time, based on quarterly financial data. Also explore Bhandari Hosiery Exports Limited (BHANDARI) total assets for the complete picture of this company's asset base.
Annual Net Assets for Bhandari Hosiery Exports Limited (2006–2025)
The table below shows the annual net assets of Bhandari Hosiery Exports Limited from 2006 to 2025. For live valuation and market cap data, see market cap of Bhandari Hosiery Exports Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs1.53 Billion ≈ $16.56 Million |
+53.78% |
| 2024-03-31 | Rs995.87 Million ≈ $10.77 Million |
+14.31% |
| 2023-03-31 | Rs871.23 Million ≈ $9.42 Million |
+6.83% |
| 2022-03-31 | Rs815.54 Million ≈ $8.82 Million |
+8.12% |
| 2021-03-31 | Rs754.30 Million ≈ $8.16 Million |
+2.06% |
| 2020-03-31 | Rs739.08 Million ≈ $7.99 Million |
+7.47% |
| 2019-03-31 | Rs687.73 Million ≈ $7.44 Million |
+8.14% |
| 2018-03-31 | Rs635.94 Million ≈ $6.88 Million |
+7.69% |
| 2017-03-31 | Rs590.53 Million ≈ $6.39 Million |
+7.70% |
| 2016-03-31 | Rs548.31 Million ≈ $5.93 Million |
+6.51% |
| 2015-03-31 | Rs514.81 Million ≈ $5.57 Million |
+4.07% |
| 2014-03-31 | Rs494.67 Million ≈ $5.35 Million |
+4.16% |
| 2013-03-31 | Rs474.90 Million ≈ $5.14 Million |
+94.41% |
| 2012-03-31 | Rs244.27 Million ≈ $2.64 Million |
+14.32% |
| 2011-03-31 | Rs213.67 Million ≈ $2.31 Million |
+7.07% |
| 2010-03-31 | Rs199.57 Million ≈ $2.16 Million |
+2.27% |
| 2009-03-31 | Rs195.15 Million ≈ $2.11 Million |
+6.05% |
| 2008-03-31 | Rs184.02 Million ≈ $1.99 Million |
+27.76% |
| 2007-03-31 | Rs144.03 Million ≈ $1.56 Million |
+36.12% |
| 2006-03-31 | Rs105.81 Million ≈ $1.14 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Bhandari Hosiery Exports 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 64446700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs644.47 Million | 42.08% |
| Common Stock | Rs240.05 Million | 15.67% |
| Other Comprehensive Income | Rs28.80 Million | 1.88% |
| Other Components | Rs618.14 Million | 40.36% |
| Total Equity | Rs1.53 Billion | 100.00% |
Bhandari Hosiery Exports Limited Competitors by Market Cap
The table below lists competitors of Bhandari Hosiery Exports Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Airway
WAR:AWM
|
$8.15 Million |
|
Pharmacielo Ltd
V:PCLO
|
$8.16 Million |
|
Axiom Properties Ltd
AU:AXI
|
$8.17 Million |
|
LabGenomics Co. Ltd
KQ:084650
|
$8.17 Million |
|
Falmaco Nonwoven Industri PT Tbk
JK:FLMC
|
$8.15 Million |
|
Ladangbaja Murni PT Tbk
JK:LABA
|
$8.15 Million |
|
Bayan Mining and Minerals Ltd
AU:BMM
|
$8.15 Million |
|
Jeju Beer Co. Ltd.
KQ:276730
|
$8.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bhandari Hosiery Exports Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 995,871,000 to 1,531,462,000, a change of 535,591,000 (53.8%).
- Net income of 77,132,000 contributed positively to equity growth.
- Other factors increased equity by 458,459,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs77.13 Million | +5.04% |
| Other Changes | Rs458.46 Million | +29.94% |
| Total Change | Rs- | 53.78% |
Book Value vs Market Value Analysis
This analysis compares Bhandari Hosiery Exports 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: 0.52x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 2.08x to 0.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs1.51 | Rs3.14 | x |
| 2007-03-31 | Rs1.57 | Rs3.14 | x |
| 2008-03-31 | Rs1.83 | Rs3.14 | x |
| 2009-03-31 | Rs1.94 | Rs3.14 | x |
| 2010-03-31 | Rs1.98 | Rs3.14 | x |
| 2011-03-31 | Rs2.12 | Rs3.14 | x |
| 2012-03-31 | Rs2.43 | Rs3.14 | x |
| 2013-03-31 | Rs3.63 | Rs3.14 | x |
| 2014-03-31 | Rs3.38 | Rs3.14 | x |
| 2015-03-31 | Rs3.51 | Rs3.14 | x |
| 2016-03-31 | Rs3.74 | Rs3.14 | x |
| 2017-03-31 | Rs4.03 | Rs3.14 | x |
| 2018-03-31 | Rs4.34 | Rs3.14 | x |
| 2019-03-31 | Rs4.69 | Rs3.14 | x |
| 2020-03-31 | Rs4.87 | Rs3.14 | x |
| 2021-03-31 | Rs4.97 | Rs3.14 | x |
| 2022-03-31 | Rs5.37 | Rs3.14 | x |
| 2023-03-31 | Rs5.74 | Rs3.14 | x |
| 2024-03-31 | Rs6.10 | Rs3.14 | x |
| 2025-03-31 | Rs6.07 | Rs3.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bhandari Hosiery Exports 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): 5.04%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.77%
- • Asset Turnover: 1.01x
- • Equity Multiplier: 1.80x
- Recent ROE (5.04%) is below the historical average (7.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 17.37% | 4.86% | 1.87x | 1.91x | Rs7.80 Million |
| 2007 | 11.67% | 2.60% | 2.20x | 2.03x | Rs2.41 Million |
| 2008 | 8.69% | 2.13% | 1.87x | 2.18x | Rs-2.41 Million |
| 2009 | 4.80% | 1.17% | 1.89x | 2.17x | Rs-10.15 Million |
| 2010 | 5.57% | 1.28% | 1.88x | 2.32x | Rs-8.85 Million |
| 2011 | 5.36% | 1.25% | 1.67x | 2.58x | Rs-9.91 Million |
| 2012 | 12.53% | 3.11% | 1.75x | 2.30x | Rs6.17 Million |
| 2013 | 6.06% | 2.98% | 1.14x | 1.78x | Rs-18.71 Million |
| 2014 | 4.00% | 1.77% | 1.26x | 1.79x | Rs-29.70 Million |
| 2015 | 4.26% | 1.75% | 1.08x | 2.24x | Rs-29.57 Million |
| 2016 | 7.42% | 2.05% | 1.59x | 2.27x | Rs-14.15 Million |
| 2017 | 7.12% | 1.97% | 1.43x | 2.53x | Rs-17.02 Million |
| 2018 | 7.79% | 2.00% | 1.45x | 2.70x | Rs-14.02 Million |
| 2019 | 7.79% | 2.01% | 1.48x | 2.61x | Rs-15.22 Million |
| 2020 | 7.19% | 1.91% | 1.35x | 2.78x | Rs-20.79 Million |
| 2021 | 2.21% | 0.74% | 1.09x | 2.75x | Rs-58.74 Million |
| 2022 | 7.69% | 2.21% | 1.30x | 2.67x | Rs-18.85 Million |
| 2023 | 7.47% | 2.30% | 1.30x | 2.49x | Rs-22.06 Million |
| 2024 | 6.56% | 2.45% | 1.06x | 2.52x | Rs-34.25 Million |
| 2025 | 5.04% | 2.77% | 1.01x | 1.80x | Rs-76.01 Million |
Industry Comparison
This section compares Bhandari Hosiery Exports Limited's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $7,632,224,234
- Average return on equity (ROE) among peers: 6.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bhandari Hosiery Exports Limited (BHANDARI) | Rs1.56 Billion | 17.37% | 0.81x | $8.15 Million |
| Aditya Birla Fashion and Retail Limited (ABFRL) | $26.76 Billion | -25.13% | 2.80x | $844.53 Million |
| Arvind Fashions Limited (ARVINDFASN) | $11.47 Billion | 1.13% | 1.77x | $640.27 Million |
| Bang Overseas Limited (BANG) | $890.93 Million | 0.13% | 0.79x | $5.59 Million |
| Cantabil Retail India Limited (CANTABIL) | $788.50 Million | -41.69% | 0.59x | $218.77 Million |
| Dollar Industries Limited (DOLLAR) | $5.37 Billion | 15.89% | 0.56x | $183.89 Million |
| Future Lifestyle Fashions Limited (FLFL) | $16.00 Billion | 1.16% | 1.47x | $155.41 |
| Gokaldas Exports Limited (GOKEX) | $7.08 Billion | 16.53% | 0.71x | $557.37 Million |
| Iris Clothings Limited (IRISDOREME) | $321.65 Million | 12.25% | 1.54x | $66.58 Million |
| Nandani Creation Limited (JAIPURKURT) | $5.90 Million | 76.90% | 8.00x | $6.06 Million |
About Bhandari Hosiery Exports Limited
Bhandari Hosiery Exports Limited operates as a textile and garments manufacturing company in India and internationally. The company offers knitted fabrics kora and dyed; and knitted hosiery garments, such as bermudas, track suits, pajamas, lowers, and ladies knitted tops with embroidery and prints, etc. It also manufactures, processes, and trades dyed and non-dyed fabrics. In addition, the compan… Read more