Bhartiya International Limited (BIL) - Net Assets

Latest as of September 2025: Rs4.83 Billion INR ≈ $52.27 Million USD

Based on the latest financial reports, Bhartiya International Limited (BIL) has net assets worth Rs4.83 Billion INR (≈ $52.27 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 (Rs13.28 Billion ≈ $143.63 Million USD) and total liabilities (Rs8.45 Billion ≈ $91.36 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 Bhartiya International Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs4.83 Billion
% of Total Assets	36.39%
Annual Growth Rate	9.52%
5-Year Change	31.8%
10-Year Change	100.3%
Growth Volatility	12.22

Bhartiya International Limited - Net Assets Trend (2008–2025)

This chart illustrates how Bhartiya International Limited's net assets have evolved over time, based on quarterly financial data. Also explore how large is Bhartiya International Limited's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Bhartiya International Limited (2008–2025)

The table below shows the annual net assets of Bhartiya International Limited from 2008 to 2025. For live valuation and market cap data, see Bhartiya International Limited stock valuation.

Year	Net Assets	Change
2025-03-31	Rs4.49 Billion ≈ $48.51 Million	+15.02%
2024-03-31	Rs3.90 Billion ≈ $42.18 Million	+0.55%
2023-03-31	Rs3.88 Billion ≈ $41.95 Million	+19.99%
2022-03-31	Rs3.23 Billion ≈ $34.96 Million	-5.01%
2021-03-31	Rs3.40 Billion ≈ $36.80 Million	-1.86%
2020-03-31	Rs3.47 Billion ≈ $37.50 Million	-12.20%
2019-03-31	Rs3.95 Billion ≈ $42.71 Million	+5.35%
2018-03-31	Rs3.75 Billion ≈ $40.54 Million	+43.09%
2017-03-31	Rs2.62 Billion ≈ $28.33 Million	+17.00%
2016-03-31	Rs2.24 Billion ≈ $24.22 Million	+25.36%
2015-03-31	Rs1.79 Billion ≈ $19.32 Million	+13.08%
2014-03-31	Rs1.58 Billion ≈ $17.09 Million	+9.75%
2013-03-31	Rs1.44 Billion ≈ $15.57 Million	+8.23%
2012-03-31	Rs1.33 Billion ≈ $14.38 Million	+11.30%
2011-03-31	Rs1.19 Billion ≈ $12.92 Million	+11.17%
2010-03-31	Rs1.07 Billion ≈ $11.63 Million	+9.13%
2009-03-31	Rs985.07 Million ≈ $10.65 Million	+2.99%
2008-03-31	Rs956.51 Million ≈ $10.34 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Bhartiya International 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 308.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs1.72 Billion	38.36%
Common Stock	Rs129.84 Million	2.89%
Other Comprehensive Income	Rs1.51 Billion	33.66%
Other Components	Rs1.13 Billion	25.09%
Total Equity	Rs4.49 Billion	100.00%

Bhartiya International Limited Competitors by Market Cap

The table below lists competitors of Bhartiya International Limited ranked by their market capitalization.

Company	Market Cap
Silvaco Group, Inc. Common Stock NASDAQ:SVCO	$111.22 Million
Electrotherm (India) Limited NSE:ELECTHERM	$111.23 Million
Quarterhill Inc TO:QTRH	$111.23 Million
Hyundai Everdigm Corp KQ:041440	$111.24 Million
Leoch International Technology Limited F:0LT	$111.14 Million
Spyrosoft Spólka Akcyjna F:2NP	$111.02 Million
DIRTT Environmental Solutions Ltd. TO:DRT	$111.02 Million
Solteam Electronics Co Ltd TWO:3484	$111.01 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Bhartiya International Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 3,886,554,000 to 4,485,536,000, a change of 598,982,000 (15.4%).
Net income of 156,647,000 contributed positively to equity growth.
New share issuances of 379,045,000 increased equity.
Other comprehensive income increased equity by 96,108,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs156.65 Million	+3.49%
Share Issuances	Rs379.05 Million	+8.45%
Other Comprehensive Income	Rs96.11 Million	+2.14%
Other Changes	Rs-32.82 Million	-0.73%
Total Change	Rs-	15.41%

Book Value vs Market Value Analysis

This analysis compares Bhartiya International 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: 2.15x
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 6.30x to 2.15x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2008-03-31	Rs121.63	Rs766.40	x
2009-03-31	Rs123.37	Rs766.40	x
2010-03-31	Rs127.39	Rs766.40	x
2011-03-31	Rs132.21	Rs766.40	x
2012-03-31	Rs130.69	Rs766.40	x
2013-03-31	Rs130.73	Rs766.40	x
2014-03-31	Rs140.75	Rs766.40	x
2015-03-31	Rs155.85	Rs766.40	x
2016-03-31	Rs193.28	Rs766.40	x
2017-03-31	Rs216.85	Rs766.40	x
2018-03-31	Rs304.65	Rs766.40	x
2019-03-31	Rs320.67	Rs766.40	x
2020-03-31	Rs282.08	Rs766.40	x
2021-03-31	Rs277.73	Rs766.40	x
2022-03-31	Rs263.67	Rs766.40	x
2023-03-31	Rs316.14	Rs766.40	x
2024-03-31	Rs318.35	Rs766.40	x
2025-03-31	Rs357.07	Rs766.40	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Bhartiya International 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): 3.49%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.52%
• Asset Turnover: 0.88x
• Equity Multiplier: 2.61x
Recent ROE (3.49%) is below the historical average (5.76%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2008	6.68%	3.91%	0.96x	1.77x	Rs-31.80 Million
2009	2.29%	1.22%	0.90x	2.08x	Rs-74.77 Million
2010	4.33%	2.23%	1.15x	1.69x	Rs-60.08 Million
2011	5.41%	3.27%	0.91x	1.82x	Rs-54.23 Million
2012	8.71%	4.57%	1.00x	1.90x	Rs-16.92 Million
2013	7.12%	3.35%	1.04x	2.04x	Rs-41.03 Million
2014	9.28%	3.50%	1.09x	2.43x	Rs-11.28 Million
2015	11.87%	3.76%	1.18x	2.67x	Rs33.05 Million
2016	11.11%	3.95%	1.15x	2.45x	Rs24.79 Million
2017	8.17%	3.29%	1.04x	2.38x	Rs-47.71 Million
2018	4.68%	2.59%	0.74x	2.44x	Rs-198.74 Million
2019	5.03%	2.77%	0.78x	2.33x	Rs-195.55 Million
2020	6.16%	3.08%	0.76x	2.62x	Rs-132.57 Million
2021	-1.81%	-1.15%	0.59x	2.66x	Rs-400.36 Million
2022	-5.14%	-2.47%	0.71x	2.93x	Rs-487.17 Million
2023	16.20%	7.82%	0.79x	2.62x	Rs239.61 Million
2024	0.06%	0.03%	0.69x	2.82x	Rs-386.43 Million
2025	3.49%	1.52%	0.88x	2.61x	Rs-291.91 Million

Industry Comparison

This section compares Bhartiya International Limited's net assets metrics with peer companies in the Footwear & Accessories industry.

Industry Context

Industry: Footwear & Accessories
Average net assets among peers: $5,025,810,425
Average return on equity (ROE) among peers: 8.51%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Bhartiya International Limited (BIL)	Rs4.83 Billion	6.68%	1.75x	$111.15 Million
Banaras Beads Limited (BANARBEADS)	$542.40 Million	5.07%	0.10x	$8.04 Million
Bata India Limited (BATAINDIA)	$17.42 Billion	18.89%	0.42x	$998.63 Million
Brand Concepts Limited (BCONCEPTS)	$187.17 Million	-33.64%	2.79x	$31.58 Million
Campus Activewear Limited (CAMPUS)	$7.57 Billion	16.02%	0.73x	$820.14 Million
Khadim India Limited (KHADIM)	$738.16 Million	16.46%	4.43x	$20.02 Million
Liberty Shoes Limited (LIBERTSHOE)	$1.46 Billion	11.62%	1.79x	$46.64 Million
Mirza International Limited (MIRZAINT)	$5.72 Billion	13.71%	0.75x	$48.77 Million
Redtape Limited (REDTAPE)	$7.89 Billion	21.58%	1.82x	$768.11 Million
Sreeleathers Limited (SREEL)	$3.72 Billion	6.89%	0.06x	$45.49 Million

About Bhartiya International Limited

NSE:BIL India Footwear & Accessories

Market Cap

$111.15 Million

Rs10.28 Billion INR

Market Cap Rank

#18773 Global

#997 in India

Share Price

Rs766.40

Change (1 day)

-1.35%

52-Week Range

Rs613.15 - Rs954.10

All Time High

Rs954.10