Bharti Hexacom Ltd (BHARTIHEXA) - Net Assets
Based on the latest financial reports, Bharti Hexacom Ltd (BHARTIHEXA) has net assets worth Rs67.18 Billion INR (≈ $726.56 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs192.03 Billion ≈ $2.08 Billion USD) and total liabilities (Rs124.85 Billion ≈ $1.35 Billion 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 Bharti Hexacom Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs67.18 Billion |
| % of Total Assets | 34.99% |
| Annual Growth Rate | 1.27% |
| 5-Year Change | 198.7% |
| 10-Year Change | -5.15% |
| Growth Volatility | 34.29 |
Bharti Hexacom Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Bharti Hexacom Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Bharti Hexacom Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Bharti Hexacom Ltd (2014–2024)
The table below shows the annual net assets of Bharti Hexacom Ltd from 2014 to 2024. For live valuation and market cap data, see BHARTIHEXA stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | Rs59.32 Billion ≈ $641.53 Million |
+27.88% |
| 2023-09-30 | Rs46.39 Billion ≈ $501.66 Million |
+10.20% |
| 2022-09-30 | Rs42.09 Billion ≈ $455.24 Million |
+15.00% |
| 2021-09-30 | Rs36.60 Billion ≈ $395.87 Million |
+84.32% |
| 2020-09-30 | Rs19.86 Billion ≈ $214.78 Million |
-34.24% |
| 2019-09-30 | Rs30.20 Billion ≈ $326.60 Million |
-47.64% |
| 2018-09-30 | Rs57.68 Billion ≈ $623.74 Million |
-11.12% |
| 2017-09-30 | Rs64.89 Billion ≈ $701.79 Million |
-2.90% |
| 2016-09-30 | Rs66.83 Billion ≈ $722.72 Million |
+6.85% |
| 2015-09-30 | Rs62.55 Billion ≈ $676.40 Million |
+19.62% |
| 2014-09-30 | Rs52.29 Billion ≈ $565.46 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Bharti Hexacom Ltd'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 10.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs54.01 Billion | 91.04% |
| Common Stock | Rs2.50 Billion | 4.21% |
| Other Comprehensive Income | Rs56.82 Billion | 95.79% |
| Total Equity | Rs59.32 Billion | 100.00% |
Bharti Hexacom Ltd Competitors by Market Cap
The table below lists competitors of Bharti Hexacom Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AU Small Finance Bank Limited
NSE:AUBANK
|
$8.21 Billion |
|
Murphy USA Inc
NYSE:MUSA
|
$8.25 Billion |
|
Steel Authority of India Limited
NSE:SAIL
|
$8.25 Billion |
|
Lotus Bakeries
BR:LOTB
|
$8.25 Billion |
|
FSN E-Commerce Ventures Limited
NSE:NYKAA
|
$8.20 Billion |
|
U-Haul Holding Company
NYSE:UHAL-B
|
$8.20 Billion |
|
Vaxcyte Inc
NASDAQ:PCVX
|
$8.19 Billion |
|
Affiliated Managers Group Inc
NYSE:AMG
|
$8.19 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bharti Hexacom Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 46,387,000,000 to 59,321,000,000, a change of 12,934,000,000 (27.9%).
- Net income of 14,936,000,000 contributed positively to equity growth.
- Dividend payments of 2,000,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 53,948,000,000.
- Other factors decreased equity by 53,950,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs14.94 Billion | +25.18% |
| Dividends Paid | Rs2.00 Billion | -3.37% |
| Other Comprehensive Income | Rs53.95 Billion | +90.94% |
| Other Changes | Rs-53.95 Billion | -90.95% |
| Total Change | Rs- | 27.88% |
Book Value vs Market Value Analysis
This analysis compares Bharti Hexacom Ltd'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: 12.79x
- 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 14.51x to 12.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-09-30 | Rs104.57 | Rs1517.40 | x |
| 2015-09-30 | Rs125.09 | Rs1517.40 | x |
| 2016-09-30 | Rs133.66 | Rs1517.40 | x |
| 2017-09-30 | Rs129.79 | Rs1517.40 | x |
| 2018-09-30 | Rs115.35 | Rs1517.40 | x |
| 2019-09-30 | Rs60.40 | Rs1517.40 | x |
| 2020-09-30 | Rs39.72 | Rs1517.40 | x |
| 2021-09-30 | Rs73.21 | Rs1517.40 | x |
| 2022-09-30 | Rs84.19 | Rs1517.40 | x |
| 2023-09-30 | Rs92.77 | Rs1517.40 | x |
| 2024-09-30 | Rs118.63 | Rs1517.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bharti Hexacom Ltd 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): 25.18%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.47%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 3.25x
- Recent ROE (25.18%) is above the historical average (-1.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 20.64% | 22.96% | 0.58x | 1.56x | Rs5.56 Billion |
| 2015 | 16.45% | 19.82% | 0.61x | 1.36x | Rs4.03 Billion |
| 2016 | 9.88% | 12.86% | 0.53x | 1.45x | Rs-81.80 Million |
| 2017 | -1.72% | -2.53% | 0.43x | 1.59x | Rs-7.61 Billion |
| 2018 | -12.52% | -19.95% | 0.32x | 1.97x | Rs-12.99 Billion |
| 2019 | -89.95% | -69.59% | 0.25x | 5.11x | Rs-30.18 Billion |
| 2020 | -52.06% | -22.46% | 0.31x | 7.55x | Rs-12.32 Billion |
| 2021 | 45.75% | 30.98% | 0.32x | 4.56x | Rs13.09 Billion |
| 2022 | 13.05% | 8.35% | 0.36x | 4.34x | Rs1.28 Billion |
| 2023 | 10.87% | 7.12% | 0.38x | 3.99x | Rs405.30 Million |
| 2024 | 25.18% | 17.47% | 0.44x | 3.25x | Rs9.00 Billion |
Industry Comparison
This section compares Bharti Hexacom Ltd's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $66,045,392,857
- Average return on equity (ROE) among peers: 18.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bharti Hexacom Ltd (BHARTIHEXA) | Rs67.18 Billion | 20.64% | 1.86x | $8.21 Billion |
| Indus Towers Limited (INDUSTOWER) | $270.39 Billion | 22.32% | 1.07x | $11.69 Billion |
| Mahanagar Telephone Nigam Limited (MTNL) | $-208.55 Billion | 0.00% | 0.00x | $212.44 Million |
| OnMobile Global Limited (ONMOBILE) | $7.67 Billion | -17.20% | 0.56x | $63.55 Million |
| Railtel Corporation Of India Limited (RAILTEL) | $16.25 Billion | 8.49% | 0.26x | $1.12 Billion |
| Reliance Communications Limited (RCOM) | $375.81 Billion | 2.47% | 1.47x | $28.49 Million |
| ROUTE MOBILE LIMITED (ROUTE) | $703.92 Million | 89.12% | 2.25x | $359.14 Million |
| Uniinfo Telecom Services Limited (UNIINFO) | $50.72 Million | 21.32% | 4.85x | $1.55 Million |
About Bharti Hexacom Ltd
Bharti Hexacom Limited provides mobile services, fixed-line telephone, and broadband services to end consumers under the Airtel brand in India. It operates through Mobile Services and Home and Office Services segments. The Mobile Services segment provides voice and data telecom services through wireless technology comprising 2G, 4G, and 5G networks; and offers intra-city fiber networks. The Home … Read more