Godrej Agrovet Limited (GODREJAGRO) - Net Assets
Based on the latest financial reports, Godrej Agrovet Limited (GODREJAGRO) has net assets worth Rs19.49 Billion INR (≈ $210.83 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 (Rs61.05 Billion ≈ $660.19 Million USD) and total liabilities (Rs41.55 Billion ≈ $449.36 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 GODREJAGRO asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs19.49 Billion |
| % of Total Assets | 31.93% |
| Annual Growth Rate | 16.56% |
| 5-Year Change | 5.73% |
| 10-Year Change | 156.28% |
| Growth Volatility | 16.97 |
Godrej Agrovet Limited - Net Assets Trend (2013–2025)
This chart illustrates how Godrej Agrovet Limited's net assets have evolved over time, based on quarterly financial data. Also explore GODREJAGRO current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Godrej Agrovet Limited (2013–2025)
The table below shows the annual net assets of Godrej Agrovet Limited from 2013 to 2025. For live valuation and market cap data, see market value of Godrej Agrovet Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs26.03 Billion ≈ $281.45 Million |
-10.91% |
| 2024-03-31 | Rs29.21 Billion ≈ $315.91 Million |
+6.47% |
| 2023-03-31 | Rs27.44 Billion ≈ $296.71 Million |
+2.04% |
| 2022-03-31 | Rs26.89 Billion ≈ $290.77 Million |
+9.24% |
| 2021-03-31 | Rs24.61 Billion ≈ $266.19 Million |
+10.84% |
| 2020-03-31 | Rs22.21 Billion ≈ $240.15 Million |
+8.33% |
| 2019-03-31 | Rs20.50 Billion ≈ $221.69 Million |
+21.97% |
| 2018-03-31 | Rs16.81 Billion ≈ $181.76 Million |
+32.95% |
| 2017-03-31 | Rs12.64 Billion ≈ $136.71 Million |
+24.48% |
| 2016-03-31 | Rs10.16 Billion ≈ $109.82 Million |
+58.57% |
| 2015-03-31 | Rs6.40 Billion ≈ $69.26 Million |
+23.47% |
| 2014-03-31 | Rs5.19 Billion ≈ $56.09 Million |
+25.37% |
| 2013-03-31 | Rs4.14 Billion ≈ $44.74 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Godrej Agrovet 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 737.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs22.84 Billion | 95.92% |
| Common Stock | Rs1.92 Billion | 8.08% |
| Other Comprehensive Income | Rs-5.34 Billion | -22.43% |
| Other Components | Rs4.39 Billion | 18.43% |
| Total Equity | Rs23.81 Billion | 100.00% |
Godrej Agrovet Limited Competitors by Market Cap
The table below lists competitors of Godrej Agrovet Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tilaknagar Industries Limited
NSE:TI
|
$1.24 Billion |
|
Dowlais Group Plc
LSE:DWL
|
$1.24 Billion |
|
Refrigeration Electrical Engineering Corp
VN:REE
|
$1.24 Billion |
|
Betsson AB
ST:BETS-B
|
$1.24 Billion |
|
Vimeo Inc
NASDAQ:VMEO
|
$1.24 Billion |
|
Tuya Inc ADR
NYSE:TUYA
|
$1.24 Billion |
|
Guangdong Guanhao High-Tech Co Ltd
SHG:600433
|
$1.24 Billion |
|
KANGJI MED.HLDS DL-00001
F:50J
|
$1.24 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Godrej Agrovet Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 25,166,500,000 to 23,809,000,000, a change of -1,357,500,000 (-5.4%).
- Net income of 4,297,200,000 contributed positively to equity growth.
- Dividend payments of 1,922,700,000 reduced retained earnings.
- Share repurchases of 600,000 reduced equity.
- New share issuances of 600,000 increased equity.
- Other comprehensive income decreased equity by 3,588,500,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs4.30 Billion | +18.05% |
| Dividends Paid | Rs1.92 Billion | -8.08% |
| Share Repurchases | Rs600.00K | -0.0% |
| Share Issuances | Rs600.00K | +0.0% |
| Other Comprehensive Income | Rs-3.59 Billion | -15.07% |
| Other Changes | Rs-143.50 Million | -0.6% |
| Total Change | Rs- | -5.39% |
Book Value vs Market Value Analysis
This analysis compares Godrej Agrovet 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: 4.82x
- 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 24.92x to 4.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | Rs23.93 | Rs596.30 | x |
| 2014-03-31 | Rs28.02 | Rs596.30 | x |
| 2015-03-31 | Rs34.59 | Rs596.30 | x |
| 2016-03-31 | Rs42.31 | Rs596.30 | x |
| 2017-03-31 | Rs54.54 | Rs596.30 | x |
| 2018-03-31 | Rs74.92 | Rs596.30 | x |
| 2019-03-31 | Rs85.86 | Rs596.30 | x |
| 2020-03-31 | Rs95.70 | Rs596.30 | x |
| 2021-03-31 | Rs106.76 | Rs596.30 | x |
| 2022-03-31 | Rs118.04 | Rs596.30 | x |
| 2023-03-31 | Rs121.61 | Rs596.30 | x |
| 2024-03-31 | Rs130.89 | Rs596.30 | x |
| 2025-03-31 | Rs123.79 | Rs596.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Godrej Agrovet 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): 18.05%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.58%
- • Asset Turnover: 1.70x
- • Equity Multiplier: 2.32x
- Recent ROE (18.05%) is below the historical average (20.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 5.01% | 0.75% | 2.27x | 2.94x | Rs-206.30 Million |
| 2014 | 40.51% | 6.34% | 2.10x | 3.04x | Rs1.58 Billion |
| 2015 | 32.81% | 6.34% | 1.89x | 2.74x | Rs1.46 Billion |
| 2016 | 33.71% | 7.03% | 1.20x | 3.99x | Rs1.86 Billion |
| 2017 | 24.64% | 5.06% | 1.53x | 3.18x | Rs1.48 Billion |
| 2018 | 16.24% | 4.43% | 1.46x | 2.52x | Rs880.73 Million |
| 2019 | 19.95% | 5.56% | 1.40x | 2.57x | Rs1.64 Billion |
| 2020 | 16.66% | 4.47% | 1.46x | 2.56x | Rs1.22 Billion |
| 2021 | 15.30% | 5.02% | 1.30x | 2.34x | Rs1.09 Billion |
| 2022 | 17.75% | 4.85% | 1.49x | 2.46x | Rs1.76 Billion |
| 2023 | 12.92% | 3.22% | 1.71x | 2.35x | Rs681.57 Million |
| 2024 | 14.29% | 3.77% | 1.67x | 2.27x | Rs1.08 Billion |
| 2025 | 18.05% | 4.58% | 1.70x | 2.32x | Rs1.92 Billion |
Industry Comparison
This section compares Godrej Agrovet Limited's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $21,473,155,939
- Average return on equity (ROE) among peers: 13.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Godrej Agrovet Limited (GODREJAGRO) | Rs19.49 Billion | 5.01% | 2.13x | $1.24 Billion |
| ADF Foods Limited (ADFFOODS) | $1.01 Billion | 13.22% | 0.18x | $313.83 Million |
| Ajooni Biotech Limited (AJOONI) | $416.69 Million | 2.70% | 0.41x | $7.82 Million |
| Agro Tech Foods Limited (ATFL) | $964.98 Million | 14.49% | 0.70x | $365.36 Million |
| Avanti Feeds Limited (AVANTIFEED) | $668.96 Million | -1.80% | 0.71x | $2.03 Billion |
| Adani Wilmar Limited (AWL) | $81.66 Billion | 7.13% | 1.57x | $2.75 Billion |
| Bombay Burmah Trading Corporation Limited (BBTC) | $56.67 Billion | 4.90% | 0.48x | $1.13 Billion |
| Mrs. Bectors Food Specialities Limited (BECTORFOOD) | $5.44 Billion | 16.55% | 0.53x | $650.88 Million |
| Bikaji Foods International Limited (BIKAJI) | $14.81 Billion | 13.57% | 0.31x | $1.83 Billion |
| Britannia Industries Limited (BRITANNIA) | $43.81 Billion | 49.73% | 1.02x | $14.92 Billion |
| CCL Products (India) Limited (CCL) | $9.28 Billion | 17.87% | 0.63x | $1.64 Billion |
About Godrej Agrovet Limited
Godrej Agrovet Limited, an agri-business company, provides products and services that enhance crop and livestock yields in India and internationally. The company operates through Animal Feed, Vegetable Oil, Crop Protection, Dairy, Poultry and Processed Food, and Other segments. It offers animal feed, such as cattle, poultry, and aqua feed. The company also engages in the oil palm cultivation with… Read more