FDC Limited
FDC Limited, together with its subsidiaries, manufactures and trades in pharmaceutical products in India, the United States, and internationally. The company offers pharmaceutical formulations for various therapeutic segments, including anti-infectives, gastrointestinal, ophthalmology, vitamins, minerals, dietary supplements, cardiovascular and anti-diabetic therapies, respiratory care, gynaecolo… Read more
FDC Limited (FDC) - Net Assets
Latest net assets as of September 2025: ₹24.31 Billion INR
Based on the latest financial reports, FDC Limited (FDC) has net assets worth ₹24.31 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 (₹28.86 Billion) and total liabilities (₹4.54 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 | ₹24.31 Billion |
| % of Total Assets | 84.26% |
| Annual Growth Rate | 12.72% |
| 5-Year Change | 31.55% |
| 10-Year Change | 117.26% |
| Growth Volatility | 6.5 |
FDC Limited - Net Assets Trend (2002–2025)
This chart illustrates how FDC Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for FDC Limited (2002–2025)
The table below shows the annual net assets of FDC Limited from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹22.81 Billion | +8.77% |
| 2024-03-31 | ₹20.97 Billion | +5.84% |
| 2023-03-31 | ₹19.81 Billion | +1.28% |
| 2022-03-31 | ₹19.56 Billion | +12.83% |
| 2021-03-31 | ₹17.34 Billion | +12.05% |
| 2020-03-31 | ₹15.47 Billion | +7.07% |
| 2019-03-31 | ₹14.45 Billion | +13.25% |
| 2018-03-31 | ₹12.76 Billion | +0.47% |
| 2017-03-31 | ₹12.70 Billion | +20.98% |
| 2016-03-31 | ₹10.50 Billion | +12.13% |
| 2015-03-31 | ₹9.36 Billion | +10.77% |
| 2014-03-31 | ₹8.45 Billion | +7.78% |
| 2013-03-31 | ₹7.84 Billion | +12.77% |
| 2012-03-31 | ₹6.95 Billion | +12.82% |
| 2011-03-31 | ₹6.16 Billion | +17.05% |
| 2010-03-31 | ₹5.27 Billion | +24.54% |
| 2009-03-31 | ₹4.23 Billion | +12.96% |
| 2008-03-31 | ₹3.74 Billion | +12.32% |
| 2007-03-31 | ₹3.33 Billion | +15.00% |
| 2006-03-31 | ₹2.90 Billion | +22.06% |
| 2005-03-31 | ₹2.37 Billion | +18.69% |
| 2004-03-31 | ₹2.00 Billion | +26.71% |
| 2003-03-31 | ₹1.58 Billion | +8.71% |
| 2002-03-31 | ₹1.45 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to FDC 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 1624.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹19.42 Billion | 85.13% |
| Common Stock | ₹162.81 Million | 0.71% |
| Other Comprehensive Income | ₹3.23 Billion | 14.16% |
| Total Equity | ₹22.81 Billion | 100.00% |
FDC Limited Competitors by Market Cap
The table below lists competitors of FDC Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fujian Fynex Textile Science & Technology Co Ltd
SHG:600493
|
$192.19 Million |
|
Vista Group International Ltd
AU:VGL
|
$192.23 Million |
|
Sino-Argi Leading Biosciences
SHG:603970
|
$192.25 Million |
|
D&L Industries Inc
PINK:DALQF
|
$192.30 Million |
|
United Arrows Ltd.
PINK:UTDAY
|
$192.13 Million |
|
Indigo Paints Limited
NSE:INDIGOPNTS
|
$192.13 Million |
|
Dentium
KO:145720
|
$192.13 Million |
|
Perma-Fix Environmental Services Inc
F:PFX1
|
$192.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FDC Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 20,971,690,000 to 22,810,805,000, a change of 1,839,115,000 (8.8%).
- Net income of 2,667,881,000 contributed positively to equity growth.
- Dividend payments of 811,337,000 reduced retained earnings.
- Other comprehensive income increased equity by 11,332,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹2.67 Billion | +11.7% |
| Dividends Paid | ₹811.34 Million | -3.56% |
| Other Comprehensive Income | ₹11.33 Million | +0.05% |
| Other Changes | ₹-28.76 Million | -0.13% |
| Total Change | ₹- | 8.77% |
Book Value vs Market Value Analysis
This analysis compares FDC 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: 2.43x
- 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 27.46x to 2.43x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹12.40 | ₹340.55 | x |
| 2006-03-31 | ₹15.14 | ₹340.55 | x |
| 2007-03-31 | ₹17.41 | ₹340.55 | x |
| 2008-03-31 | ₹19.55 | ₹340.55 | x |
| 2009-03-31 | ₹22.17 | ₹340.55 | x |
| 2010-03-31 | ₹28.20 | ₹340.55 | x |
| 2011-03-31 | ₹33.11 | ₹340.55 | x |
| 2012-03-31 | ₹37.84 | ₹340.55 | x |
| 2013-03-31 | ₹42.99 | ₹340.55 | x |
| 2014-03-31 | ₹47.41 | ₹340.55 | x |
| 2015-03-31 | ₹52.65 | ₹340.55 | x |
| 2016-03-31 | ₹59.04 | ₹340.55 | x |
| 2017-03-31 | ₹71.43 | ₹340.55 | x |
| 2018-03-31 | ₹71.77 | ₹340.55 | x |
| 2019-03-31 | ₹82.87 | ₹340.55 | x |
| 2020-03-31 | ₹89.94 | ₹340.55 | x |
| 2021-03-31 | ₹102.02 | ₹340.55 | x |
| 2022-03-31 | ₹115.92 | ₹340.55 | x |
| 2023-03-31 | ₹119.24 | ₹340.55 | x |
| 2024-03-31 | ₹127.71 | ₹340.55 | x |
| 2025-03-31 | ₹140.41 | ₹340.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FDC 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): 11.70%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.66%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 1.19x
- Recent ROE (11.70%) is below the historical average (18.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 25.89% | 20.74% | 0.92x | 1.35x | ₹231.48 Million |
| 2003 | 24.88% | 18.04% | 1.00x | 1.38x | ₹235.99 Million |
| 2004 | 33.20% | 23.39% | 1.03x | 1.38x | ₹465.60 Million |
| 2005 | 23.13% | 16.71% | 1.04x | 1.33x | ₹311.76 Million |
| 2006 | 24.12% | 19.97% | 0.97x | 1.25x | ₹409.27 Million |
| 2007 | 19.69% | 15.21% | 1.04x | 1.24x | ₹322.87 Million |
| 2008 | 16.88% | 12.76% | 0.99x | 1.33x | ₹257.37 Million |
| 2009 | 20.39% | 14.63% | 1.08x | 1.29x | ₹439.25 Million |
| 2010 | 28.32% | 22.55% | 0.97x | 1.29x | ₹964.68 Million |
| 2011 | 24.48% | 21.32% | 0.92x | 1.25x | ₹892.51 Million |
| 2012 | 19.28% | 18.87% | 0.82x | 1.24x | ₹645.46 Million |
| 2013 | 19.79% | 20.15% | 0.80x | 1.23x | ₹767.46 Million |
| 2014 | 16.01% | 16.06% | 0.80x | 1.25x | ₹507.89 Million |
| 2015 | 15.82% | 16.71% | 0.77x | 1.23x | ₹545.08 Million |
| 2016 | 14.92% | 15.64% | 0.81x | 1.18x | ₹516.25 Million |
| 2017 | 14.84% | 18.69% | 0.69x | 1.15x | ₹615.12 Million |
| 2018 | 13.60% | 16.21% | 0.71x | 1.18x | ₹458.98 Million |
| 2019 | 11.75% | 15.65% | 0.66x | 1.13x | ₹252.65 Million |
| 2020 | 15.50% | 17.94% | 0.74x | 1.17x | ₹851.35 Million |
| 2021 | 17.38% | 22.71% | 0.68x | 1.13x | ₹1.28 Billion |
| 2022 | 11.06% | 14.18% | 0.67x | 1.16x | ₹207.24 Million |
| 2023 | 9.79% | 10.88% | 0.76x | 1.18x | ₹-41.67 Million |
| 2024 | 14.55% | 15.77% | 0.78x | 1.18x | ₹955.06 Million |
| 2025 | 11.70% | 12.66% | 0.78x | 1.19x | ₹386.80 Million |
Industry Comparison
This section compares FDC Limited's net assets metrics with peer companies in the Drug Manufacturers - Specialty & Generic industry.
Industry Context
- Industry: Drug Manufacturers - Specialty & Generic
- Average net assets among peers: $12,445,167,922
- Average return on equity (ROE) among peers: 14.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FDC Limited (FDC) | ₹24.31 Billion | 25.89% | 0.19x | $192.18 Million |
| Aarey Drugs & Pharmaceuticals Limited (AAREYDRUGS) | $802.45 Million | 7.70% | 1.12x | $11.20 Million |
| Aarti Drugs Limited (AARTIDRUGS) | $1.12 Billion | 12.32% | 2.74x | $149.72 Million |
| Abbott India Limited (ABBOTINDIA) | $42.33 Billion | 33.41% | 0.40x | $1.59 Billion |
| Ajanta Pharma Limited (AJANTPHARM) | $15.68 Billion | 32.33% | 0.16x | $1.46 Billion |
| Akums Drugs and Pharmaceutical (AKUMS) | $7.20 Billion | -0.56% | 3.88x | $123.83 Million |
| Albert David Limited (ALBERTDAVD) | $2.44 Billion | 9.06% | 0.40x | $15.85 Million |
| Alivus Life Sciences Limited (ALIVUS) | $28.17 Billion | 17.24% | 0.21x | $333.13 Million |
| Alkem Laboratories Limited (ALKEM) | $23.74 Billion | 20.90% | 0.71x | $2.41 Billion |
| Alpa Laboratories Limited (ALPA) | $56.73 Million | 0.53% | 2.47x | $5.55 Million |
| Amrutanjan Health Care Limited (AMRUTANJAN) | $2.91 Billion | 13.70% | 0.25x | $77.60 Million |