Bharat Rasayan Limited (BHARATRAS) - Net Assets
Based on the latest financial reports, Bharat Rasayan Limited (BHARATRAS) has net assets worth Rs11.97 Billion INR (≈ $129.45 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 (Rs14.56 Billion ≈ $157.43 Million USD) and total liabilities (Rs2.59 Billion ≈ $27.98 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 BHARATRAS cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs11.97 Billion |
| % of Total Assets | 82.22% |
| Annual Growth Rate | 21.35% |
| 5-Year Change | 55.37% |
| 10-Year Change | 671.86% |
| Growth Volatility | 13.27 |
Bharat Rasayan Limited - Net Assets Trend (2006–2025)
This chart illustrates how Bharat Rasayan Limited's net assets have evolved over time, based on quarterly financial data. Also explore Bharat Rasayan Limited total assets for the complete picture of this company's asset base.
Annual Net Assets for Bharat Rasayan Limited (2006–2025)
The table below shows the annual net assets of Bharat Rasayan Limited from 2006 to 2025. For live valuation and market cap data, see Bharat Rasayan Limited stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs11.30 Billion ≈ $122.21 Million |
+14.39% |
| 2024-03-31 | Rs9.88 Billion ≈ $106.84 Million |
+10.59% |
| 2023-03-31 | Rs8.93 Billion ≈ $96.61 Million |
+16.01% |
| 2022-03-31 | Rs7.70 Billion ≈ $83.27 Million |
+5.88% |
| 2021-03-31 | Rs7.27 Billion ≈ $78.65 Million |
+28.92% |
| 2020-03-31 | Rs5.64 Billion ≈ $61.01 Million |
+37.99% |
| 2019-03-31 | Rs4.09 Billion ≈ $44.21 Million |
+37.07% |
| 2018-03-31 | Rs2.98 Billion ≈ $32.25 Million |
+48.60% |
| 2017-03-31 | Rs2.01 Billion ≈ $21.71 Million |
+37.10% |
| 2016-03-31 | Rs1.46 Billion ≈ $15.83 Million |
+29.40% |
| 2015-03-31 | Rs1.13 Billion ≈ $12.24 Million |
+37.67% |
| 2014-03-31 | Rs821.80 Million ≈ $8.89 Million |
+31.42% |
| 2013-03-31 | Rs625.31 Million ≈ $6.76 Million |
+18.13% |
| 2012-03-31 | Rs529.35 Million ≈ $5.72 Million |
+21.04% |
| 2011-03-31 | Rs437.35 Million ≈ $4.73 Million |
+1.74% |
| 2010-03-31 | Rs429.87 Million ≈ $4.65 Million |
+12.91% |
| 2009-03-31 | Rs380.70 Million ≈ $4.12 Million |
+13.76% |
| 2008-03-31 | Rs334.67 Million ≈ $3.62 Million |
+13.58% |
| 2007-03-31 | Rs294.66 Million ≈ $3.19 Million |
+3.06% |
| 2006-03-31 | Rs285.91 Million ≈ $3.09 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Bharat Rasayan 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 1125750500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs11.26 Billion | 99.62% |
| Common Stock | Rs41.55 Million | 0.37% |
| Other Comprehensive Income | Rs935.00K | 0.01% |
| Total Equity | Rs11.30 Billion | 100.00% |
Bharat Rasayan Limited Competitors by Market Cap
The table below lists competitors of Bharat Rasayan Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Akfen Gayrimenkul Yatirim Ortakligi AS
IS:AKFGY
|
$248.95 Million |
|
Eledon Pharmaceuticals Inc
NASDAQ:ELDN
|
$249.24 Million |
|
Indomobil Sukses Internasional
JK:IMAS
|
$249.26 Million |
|
Pacific Smiles Group Ltd
AU:PSQ
|
$249.29 Million |
|
Multilaser Industrial SA
SA:MLAS3
|
$248.73 Million |
|
HPL Electric & Power Limited
NSE:HPL
|
$248.67 Million |
|
TBI Motion Technology Co Ltd
TW:4540
|
$248.59 Million |
|
Compagnie Du Mont-Blanc
PA:MLCMB
|
$248.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bharat Rasayan Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,878,843,000 to 11,299,992,000, a change of 1,421,149,000 (14.4%).
- Net income of 1,409,200,000 contributed positively to equity growth.
- Dividend payments of 6,233,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs1.41 Billion | +12.47% |
| Dividends Paid | Rs6.23 Million | -0.06% |
| Other Changes | Rs18.18 Million | +0.16% |
| Total Change | Rs- | 14.39% |
Book Value vs Market Value Analysis
This analysis compares Bharat Rasayan 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: 1.02x
- 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 41.15x to 1.02x 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 | Rs33.65 | Rs1384.70 | x |
| 2007-03-31 | Rs34.68 | Rs1384.70 | x |
| 2008-03-31 | Rs39.38 | Rs1384.70 | x |
| 2009-03-31 | Rs44.80 | Rs1384.70 | x |
| 2010-03-31 | Rs50.59 | Rs1384.70 | x |
| 2011-03-31 | Rs51.47 | Rs1384.70 | x |
| 2012-03-31 | Rs62.30 | Rs1384.70 | x |
| 2013-03-31 | Rs73.58 | Rs1384.70 | x |
| 2014-03-31 | Rs96.72 | Rs1384.70 | x |
| 2015-03-31 | Rs133.15 | Rs1384.70 | x |
| 2016-03-31 | Rs172.28 | Rs1384.70 | x |
| 2017-03-31 | Rs236.18 | Rs1384.70 | x |
| 2018-03-31 | Rs350.96 | Rs1384.70 | x |
| 2019-03-31 | Rs481.06 | Rs1384.70 | x |
| 2020-03-31 | Rs663.83 | Rs1384.70 | x |
| 2021-03-31 | Rs855.83 | Rs1384.70 | x |
| 2022-03-31 | Rs926.62 | Rs1384.70 | x |
| 2023-03-31 | Rs1074.98 | Rs1384.70 | x |
| 2024-03-31 | Rs1188.75 | Rs1384.70 | x |
| 2025-03-31 | Rs1359.74 | Rs1384.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bharat Rasayan 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): 12.47%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.01%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 1.25x
- Recent ROE (12.47%) is below the historical average (18.29%), 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 | 5.42% | 3.33% | 1.16x | 1.41x | Rs-13.10 Million |
| 2007 | 2.97% | 1.48% | 1.54x | 1.30x | Rs-20.71 Million |
| 2008 | 11.95% | 5.80% | 1.41x | 1.46x | Rs6.54 Million |
| 2009 | 12.09% | 4.34% | 1.65x | 1.68x | Rs7.97 Million |
| 2010 | 13.51% | 5.72% | 1.68x | 1.40x | Rs15.09 Million |
| 2011 | 13.47% | 6.28% | 1.45x | 1.48x | Rs15.16 Million |
| 2012 | 18.57% | 6.95% | 1.13x | 2.36x | Rs45.37 Million |
| 2013 | 15.33% | 5.11% | 0.76x | 3.94x | Rs33.33 Million |
| 2014 | 24.51% | 5.57% | 1.18x | 3.74x | Rs119.28 Million |
| 2015 | 28.06% | 7.24% | 1.31x | 2.96x | Rs204.35 Million |
| 2016 | 23.14% | 7.44% | 1.40x | 2.23x | Rs192.37 Million |
| 2017 | 27.17% | 8.91% | 1.66x | 1.84x | Rs344.63 Million |
| 2018 | 32.96% | 12.46% | 1.57x | 1.69x | Rs684.89 Million |
| 2019 | 27.28% | 11.34% | 1.30x | 1.85x | Rs706.44 Million |
| 2020 | 27.94% | 12.97% | 1.62x | 1.33x | Rs1.01 Billion |
| 2021 | 22.53% | 15.17% | 1.19x | 1.25x | Rs911.45 Million |
| 2022 | 22.85% | 13.59% | 1.19x | 1.41x | Rs989.83 Million |
| 2023 | 13.95% | 10.10% | 1.15x | 1.20x | Rs352.79 Million |
| 2024 | 9.67% | 9.14% | 0.87x | 1.21x | Rs-32.78 Million |
| 2025 | 12.47% | 12.01% | 0.83x | 1.25x | Rs279.20 Million |
Industry Comparison
This section compares Bharat Rasayan Limited's net assets metrics with peer companies in the Agricultural Inputs industry.
Industry Context
- Industry: Agricultural Inputs
- Average net assets among peers: $14,047,610,085
- Average return on equity (ROE) among peers: 16.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bharat Rasayan Limited (BHARATRAS) | Rs11.97 Billion | 5.42% | 0.22x | $248.90 Million |
| Agro Phos India Limited (AGROPHOS) | $469.69 Million | 12.41% | 0.80x | $6.93 Million |
| Astec LifeSciences Limited (ASTEC) | $2.03 Billion | 17.62% | 1.27x | $167.40 Million |
| Bayer Cropscience Limited (BAYERCROP) | $25.24 Billion | 25.56% | 0.72x | $2.32 Billion |
| Best Agrolife Limited (BESTAGRO) | $577.23 Million | 0.02% | 0.90x | $68.89 Million |
| Bhagiradha Chemicals & Industries Limited (BHAGCHEM) | $465.11 Million | 4.24% | 1.68x | $371.49 Million |
| Bohra Industries Limited (BOHRAIND) | $340.42 Million | 12.70% | 2.21x | $2.15 Million |
| Bombay Super Hybrid Seeds Limited (BSHSL) | $563.36 Million | 29.79% | 1.36x | $111.73 Million |
| Chambal Fertilizers & Chemicals Limited (CHAMBLFERT) | $72.58 Billion | 17.58% | 0.59x | $1.90 Billion |
| Coromandel International Limited (COROMANDEL) | $24.16 Billion | 26.44% | 2.30x | $6.32 Billion |
About Bharat Rasayan Limited
Bharat Rasayan Limited engages in the manufacture and sale of technical grade pesticides and intermediates in India. It offers insecticides, herbicides, fungicides, and intermediates. The company also exports its products through multinational agrochemical companies and other traders. Bharat Rasayan Limited was incorporated in 1989 and is based in New Delhi, India.