HBL ENGINEERING LTD
HBL Engineering Limited manufactures and sells batteries and other products in India and internationally. It operates through Industrial batteries, Defense and Aviation batteries, and Electronics segments. The company offers lead acid batteries, nickel-cadmium batteries, silver zinc batteries, defence, and lithium batteries. It also provides rail signaling electronics, electronic fuzes for ammuni… Read more
HBL ENGINEERING LTD (HBLENGINE) - Net Assets
Latest net assets as of September 2025: ₹19.85 Billion INR
Based on the latest financial reports, HBL ENGINEERING LTD (HBLENGINE) has net assets worth ₹19.85 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 (₹26.77 Billion) and total liabilities (₹6.92 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 | ₹19.85 Billion |
| % of Total Assets | 74.14% |
| Annual Growth Rate | 15.97% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 8.45 |
HBL ENGINEERING LTD - Net Assets Trend (2021–2024)
This chart illustrates how HBL ENGINEERING LTD's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for HBL ENGINEERING LTD (2021–2024)
The table below shows the annual net assets of HBL ENGINEERING LTD from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | ₹12.20 Billion | +28.21% |
| 2023-03-31 | ₹9.51 Billion | +9.90% |
| 2022-03-31 | ₹8.66 Billion | +10.71% |
| 2021-03-31 | ₹7.82 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to HBL ENGINEERING 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 215.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹6.44 Billion | 52.73% |
| Other Components | ₹5.77 Billion | 47.27% |
| Total Equity | ₹12.21 Billion | 100.00% |
HBL ENGINEERING LTD Competitors by Market Cap
The table below lists competitors of HBL ENGINEERING LTD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PTT OIL+RET.BUS.-NVDR- 10
F:7F80
|
$809.94 Million |
|
Astra Microwave Products Limited
NSE:ASTRAMICRO
|
$810.40 Million |
|
Transportadora de Gas del Norte SA Class C
BA:TGNO4
|
$810.45 Million |
|
LG Household & Healthcare Ltd Pref
KO:051905
|
$810.60 Million |
|
Business First Bancshares Inc
NASDAQ:BFST
|
$809.73 Million |
|
Genomma Lab Internacional S.A.B. de C.V
PINK:GNMLF
|
$808.94 Million |
|
CJ CheilJedang Corp
KO:097955
|
$808.92 Million |
|
Taysha Gene Therapies Inc
NASDAQ:TSHA
|
$808.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HBL ENGINEERING LTD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,514,471,000 to 12,205,413,000, a change of 2,690,942,000 (28.3%).
- Net income of 2,808,863,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹2.81 Billion | +23.01% |
| Other Changes | ₹-117.92 Million | -0.97% |
| Total Change | ₹- | 28.28% |
Book Value vs Market Value Analysis
This analysis compares HBL ENGINEERING 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: 15.10x
- 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 23.57x to 15.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-03-31 | ₹28.21 | ₹665.10 | x |
| 2022-03-31 | ₹31.23 | ₹665.10 | x |
| 2023-03-31 | ₹34.32 | ₹665.10 | x |
| 2024-03-31 | ₹44.03 | ₹665.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HBL ENGINEERING 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): 23.01%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.64%
- • Asset Turnover: 1.34x
- • Equity Multiplier: 1.36x
- Recent ROE (23.01%) is above the historical average (11.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 1.76% | 1.54% | 0.86x | 1.33x | ₹-644.78 Million |
| 2022 | 10.85% | 7.74% | 1.07x | 1.31x | ₹73.26 Million |
| 2023 | 10.37% | 7.27% | 1.05x | 1.36x | ₹35.08 Million |
| 2024 | 23.01% | 12.64% | 1.34x | 1.36x | ₹1.59 Billion |
Industry Comparison
This section compares HBL ENGINEERING LTD's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $8,990,537,538
- Average return on equity (ROE) among peers: 13.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HBL ENGINEERING LTD (HBLENGINE) | ₹19.85 Billion | 1.76% | 0.35x | $809.87 Million |
| Aartech Solonics Limited (AARTECH) | $246.68 Million | -0.79% | 0.21x | $4.50K |
| Apar Industries Limited (APARINDS) | $6.28 Billion | 17.42% | 4.19x | $1.83 Billion |
| Amara Raja Batteries Limited (ARE&M) | $67.99 Billion | 13.74% | 0.32x | $928.91 Million |
| Bharat Bijlee Limited (BBL) | $6.51 Billion | 2.21% | 0.60x | $216.37 Million |
| CG Power and Industrial Solutions Limited (CGPOWER) | $-842.90 Million | 0.00% | 0.00x | $5.60 Billion |
| CMI Limited (CMICABLES) | $1.75 Billion | 60.44% | 0.92x | $725.46K |
| Cords Cable Industries Limited (CORDSCABLE) | $865.72 Million | 4.84% | 1.48x | $10.04 Million |
| De Nora India Limited (DENORA) | $392.64 Million | 10.83% | 0.24x | $18.07 Million |
| Dynamic Cables Limited (DYCL) | $1.77 Billion | 17.48% | 1.27x | $46.07 Million |
| Elin Electronics Limited (ELIN) | $4.93 Billion | 5.44% | 0.49x | $33.83 Million |