HBL Power Systems Limited
HBL Engineering Limited manufactures and sells batteries, power electronics, and spun concrete products in India and internationally. It operates through Batteries and Electronics segments. The company offers lead acid batteries, nickel-cadmium batteries, silver zinc batteries, defence, and lithium batteries. It provides railway signaling electronics, electronic fuzes for ammunition, integrated p… Read more
HBL Power Systems Limited (HBLPOWER) - Net Assets
Latest net assets as of September 2024: ₹13.73 Billion INR
Based on the latest financial reports, HBL Power Systems Limited (HBLPOWER) has net assets worth ₹13.73 Billion INR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹18.42 Billion) and total liabilities (₹4.70 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 | ₹13.73 Billion |
| % of Total Assets | 74.5% |
| Annual Growth Rate | 10.04% |
| 5-Year Change | 57.83% |
| 10-Year Change | 114.23% |
| Growth Volatility | 13.7 |
HBL Power Systems Limited - Net Assets Trend (2007–2024)
This chart illustrates how HBL Power Systems 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 HBL Power Systems Limited (2007–2024)
The table below shows the annual net assets of HBL Power Systems Limited from 2007 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 | +1.19% |
| 2020-03-31 | ₹7.73 Billion | +0.87% |
| 2019-03-31 | ₹7.66 Billion | +2.16% |
| 2018-03-31 | ₹7.50 Billion | +3.08% |
| 2017-03-31 | ₹7.28 Billion | +23.45% |
| 2016-03-31 | ₹5.89 Billion | +3.50% |
| 2015-03-31 | ₹5.69 Billion | +1.59% |
| 2014-03-31 | ₹5.60 Billion | -12.70% |
| 2013-03-31 | ₹6.42 Billion | +5.24% |
| 2012-03-31 | ₹6.10 Billion | -7.81% |
| 2011-03-31 | ₹6.62 Billion | +30.09% |
| 2010-03-31 | ₹5.09 Billion | +32.37% |
| 2009-03-31 | ₹3.84 Billion | +27.26% |
| 2008-03-31 | ₹3.02 Billion | +25.86% |
| 2007-03-31 | ₹2.40 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to HBL Power Systems 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 346.9% 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% |
| Common Stock | ₹277.19 Million | 2.27% |
| Other Comprehensive Income | ₹3.19 Billion | 26.10% |
| Other Components | ₹2.31 Billion | 18.90% |
| Total Equity | ₹12.21 Billion | 100.00% |
HBL Power Systems Limited Competitors by Market Cap
The table below lists competitors of HBL Power Systems Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Basilea Pharmaceutica AG
PINK:BPMUF
|
$661.96 Million |
|
Instalco Intressenter AB
ST:INSTAL
|
$662.14 Million |
|
Sansiri Public Company Limited
BK:SIRI-R
|
$662.14 Million |
|
Hunan Keli Motor Co Ltd
SHE:002892
|
$662.42 Million |
|
Gambol Pet Group Co Ltd Class A
SHE:301498
|
$661.70 Million |
|
NORBIT ASA NK-1
F:4NK
|
$661.62 Million |
|
Hornbach Holding AG & Co. KGaA
LSE:0RC9
|
$661.53 Million |
|
QuinStreet Inc
NASDAQ:QNST
|
$661.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HBL Power Systems Limited'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.
- Dividend payments of 124,738,000 reduced retained earnings.
- Other comprehensive income increased equity by 607,961,000.
- Other factors decreased equity by 601,144,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹2.81 Billion | +23.01% |
| Dividends Paid | ₹124.74 Million | -1.02% |
| Other Comprehensive Income | ₹607.96 Million | +4.98% |
| Other Changes | ₹-601.14 Million | -4.93% |
| Total Change | ₹- | 28.28% |
Book Value vs Market Value Analysis
This analysis compares HBL Power Systems 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: 12.50x
- 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 63.60x to 12.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-03-31 | ₹8.65 | ₹550.45 | x |
| 2008-03-31 | ₹12.44 | ₹550.45 | x |
| 2009-03-31 | ₹15.83 | ₹550.45 | x |
| 2010-03-31 | ₹20.11 | ₹550.45 | x |
| 2011-03-31 | ₹22.43 | ₹550.45 | x |
| 2012-03-31 | ₹20.81 | ₹550.45 | x |
| 2013-03-31 | ₹21.50 | ₹550.45 | x |
| 2014-03-31 | ₹22.20 | ₹550.45 | x |
| 2015-03-31 | ₹23.91 | ₹550.45 | x |
| 2016-03-31 | ₹24.08 | ₹550.45 | x |
| 2017-03-31 | ₹26.30 | ₹550.45 | x |
| 2018-03-31 | ₹27.12 | ₹550.45 | x |
| 2019-03-31 | ₹27.64 | ₹550.45 | x |
| 2020-03-31 | ₹27.88 | ₹550.45 | x |
| 2021-03-31 | ₹28.21 | ₹550.45 | x |
| 2022-03-31 | ₹31.23 | ₹550.45 | x |
| 2023-03-31 | ₹34.32 | ₹550.45 | x |
| 2024-03-31 | ₹44.03 | ₹550.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HBL Power Systems 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): 23.01%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.58%
- • Asset Turnover: 1.35x
- • Equity Multiplier: 1.36x
- Recent ROE (23.01%) is above the historical average (9.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 13.38% | 6.25% | 0.97x | 2.21x | ₹81.18 Million |
| 2008 | 22.06% | 6.84% | 1.17x | 2.75x | ₹364.26 Million |
| 2009 | 23.64% | 7.29% | 1.31x | 2.48x | ₹524.06 Million |
| 2010 | 19.58% | 8.91% | 0.98x | 2.23x | ₹487.23 Million |
| 2011 | 2.97% | 1.38% | 0.67x | 3.22x | ₹-398.87 Million |
| 2012 | 3.52% | 1.18% | 0.81x | 3.67x | ₹-341.18 Million |
| 2013 | 4.31% | 1.37% | 0.81x | 3.90x | ₹-309.69 Million |
| 2014 | 7.05% | 3.03% | 0.74x | 3.12x | ₹-165.48 Million |
| 2015 | 2.35% | 1.05% | 0.87x | 2.58x | ₹-462.60 Million |
| 2016 | 2.45% | 1.15% | 0.90x | 2.36x | ₹-460.08 Million |
| 2017 | 5.30% | 2.73% | 0.96x | 2.01x | ₹-342.53 Million |
| 2018 | 4.21% | 1.98% | 1.19x | 1.78x | ₹-435.35 Million |
| 2019 | 3.62% | 2.21% | 1.08x | 1.51x | ₹-488.89 Million |
| 2020 | 3.39% | 2.43% | 0.98x | 1.43x | ₹-510.71 Million |
| 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% | 12.58% | 1.35x | 1.36x | ₹1.59 Billion |
Industry Comparison
This section compares HBL Power Systems Limited's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $28,616,227,106
- Average return on equity (ROE) among peers: 13.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HBL Power Systems Limited (HBLPOWER) | ₹13.73 Billion | 13.38% | 0.34x | $661.89 Million |
| 3M India Limited (3MINDIA) | $5.39 Billion | 18.32% | 0.39x | $1.01 Billion |
| Balmer Lawrie & Company Limited (BALMLAWRIE) | $8.66 Billion | 19.17% | 0.99x | $119.76 Million |
| BEML Limited (BEML) | $22.14 Billion | 3.11% | 1.59x | $665.02 Million |
| Carborundum Universal Limited (CARBORUNIV) | $17.76 Billion | 13.94% | 0.26x | $1.01 Billion |
| Career Point Limited (CAREERP) | $1.34 Billion | 13.27% | 0.08x | $4.97 Million |
| Cyient Limited (CYIENT) | $57.60 Billion | 10.69% | 0.34x | $818.95 Million |
| DCM Shriram Limited (DCMSHRIRAM) | $13.30 Billion | 6.34% | 1.75x | $470.54 Million |
| Excel Realty N Infra Limited (EXCEL) | $529.64 Million | 28.01% | 0.05x | $3.49 Million |
| Godrej Industries Limited (GODREJIND) | $130.81 Billion | 5.00% | 1.60x | $626.85 Million |