HeidelbergCement India Limited (HEIDELBERG) - Net Assets
Based on the latest financial reports, HeidelbergCement India Limited (HEIDELBERG) has net assets worth Rs13.10 Billion INR (≈ $141.64 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 (Rs24.37 Billion ≈ $263.60 Million USD) and total liabilities (Rs11.28 Billion ≈ $121.96 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 HEIDELBERG financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs13.10 Billion |
| % of Total Assets | 53.73% |
| Annual Growth Rate | 21.31% |
| 5-Year Change | -6.61% |
| 10-Year Change | 55.78% |
| Growth Volatility | 148.71 |
HeidelbergCement India Limited - Net Assets Trend (2004–2025)
This chart illustrates how HeidelbergCement India Limited's net assets have evolved over time, based on quarterly financial data. Also explore HeidelbergCement India Limited assets under control for the complete picture of this company's asset base.
Annual Net Assets for HeidelbergCement India Limited (2004–2025)
The table below shows the annual net assets of HeidelbergCement India Limited from 2004 to 2025. For live valuation and market cap data, see HEIDELBERG market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs13.95 Billion ≈ $150.88 Million |
-5.08% |
| 2024-03-31 | Rs14.70 Billion ≈ $158.96 Million |
+0.58% |
| 2023-03-31 | Rs14.61 Billion ≈ $158.04 Million |
-6.63% |
| 2022-03-31 | Rs15.65 Billion ≈ $169.27 Million |
+4.78% |
| 2021-03-31 | Rs14.94 Billion ≈ $161.56 Million |
+13.63% |
| 2020-03-31 | Rs13.15 Billion ≈ $142.17 Million |
+12.25% |
| 2019-03-31 | Rs11.71 Billion ≈ $126.66 Million |
+11.93% |
| 2018-03-31 | Rs10.46 Billion ≈ $113.16 Million |
+8.22% |
| 2017-03-31 | Rs9.67 Billion ≈ $104.57 Million |
+7.96% |
| 2016-03-31 | Rs8.96 Billion ≈ $96.86 Million |
+3.31% |
| 2015-03-31 | Rs8.67 Billion ≈ $93.76 Million |
+4.03% |
| 2014-03-31 | Rs8.33 Billion ≈ $90.12 Million |
-1.57% |
| 2013-03-31 | Rs8.47 Billion ≈ $91.56 Million |
+3.81% |
| 2012-03-31 | Rs8.16 Billion ≈ $88.20 Million |
+4.13% |
| 2011-03-31 | Rs7.83 Billion ≈ $84.71 Million |
+6.39% |
| 2010-03-31 | Rs7.36 Billion ≈ $79.62 Million |
+6.41% |
| 2009-03-31 | Rs6.92 Billion ≈ $74.82 Million |
+9.05% |
| 2008-03-31 | Rs6.34 Billion ≈ $68.61 Million |
+134.35% |
| 2007-03-31 | Rs2.71 Billion ≈ $29.28 Million |
+516.45% |
| 2006-03-31 | Rs-650.07 Million ≈ $-7.03 Million |
-657.82% |
| 2005-03-31 | Rs116.54 Million ≈ $1.26 Million |
-51.75% |
| 2004-03-31 | Rs241.51 Million ≈ $2.61 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to HeidelbergCement India 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 716420000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs7.16 Billion | 51.35% |
| Common Stock | Rs2.27 Billion | 16.24% |
| Other Comprehensive Income | Rs814.40 Million | 5.84% |
| Other Components | Rs3.71 Billion | 26.57% |
| Total Equity | Rs13.95 Billion | 100.00% |
HeidelbergCement India Limited Competitors by Market Cap
The table below lists competitors of HeidelbergCement India Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Blend Labs Inc
NYSE:BLND
|
$389.30 Million |
|
Hunan Investment Group Co Ltd
SHE:000548
|
$389.36 Million |
|
Gravity Co. Ltd
F:GD8A
|
$389.69 Million |
|
Shenyang Huitian Thermal Power Co Ltd
SHE:000692
|
$389.85 Million |
|
Shanghai Haishun New Pharmaceutical Packaging Co Ltd
SHE:300501
|
$389.13 Million |
|
Contango ORE Inc
NYSE MKT:CTGO
|
$389.08 Million |
|
ITAFOS INC. ON
F:82E
|
$389.03 Million |
|
MGP Ingredients Inc
NASDAQ:MGPI
|
$389.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HeidelbergCement India Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 14,698,300,000 to 13,951,800,000, a change of -746,500,000 (-5.1%).
- Net income of 1,067,500,000 contributed positively to equity growth.
- Dividend payments of 1,805,900,000 reduced retained earnings.
- Other comprehensive income increased equity by 5,399,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs1.07 Billion | +7.65% |
| Dividends Paid | Rs1.81 Billion | -12.94% |
| Other Comprehensive Income | Rs5.40 Million | +0.04% |
| Other Changes | Rs-13.50 Million | -0.1% |
| Total Change | Rs- | -5.08% |
Book Value vs Market Value Analysis
This analysis compares HeidelbergCement India 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: 2.57x
- 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 45.18x to 2.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-03-31 | Rs3.52 | Rs158.83 | x |
| 2005-03-31 | Rs1.58 | Rs158.83 | x |
| 2006-03-31 | Rs-7.63 | Rs158.83 | x |
| 2007-03-31 | Rs20.63 | Rs158.83 | x |
| 2008-03-31 | Rs40.15 | Rs158.83 | x |
| 2009-03-31 | Rs33.03 | Rs158.83 | x |
| 2010-03-31 | Rs32.49 | Rs158.83 | x |
| 2011-03-31 | Rs34.56 | Rs158.83 | x |
| 2012-03-31 | Rs35.99 | Rs158.83 | x |
| 2013-03-31 | Rs37.36 | Rs158.83 | x |
| 2014-03-31 | Rs36.78 | Rs158.83 | x |
| 2015-03-31 | Rs38.26 | Rs158.83 | x |
| 2016-03-31 | Rs39.52 | Rs158.83 | x |
| 2017-03-31 | Rs42.67 | Rs158.83 | x |
| 2018-03-31 | Rs46.18 | Rs158.83 | x |
| 2019-03-31 | Rs51.69 | Rs158.83 | x |
| 2020-03-31 | Rs58.02 | Rs158.83 | x |
| 2021-03-31 | Rs65.93 | Rs158.83 | x |
| 2022-03-31 | Rs69.08 | Rs158.83 | x |
| 2023-03-31 | Rs64.49 | Rs158.83 | x |
| 2024-03-31 | Rs64.86 | Rs158.83 | x |
| 2025-03-31 | Rs61.83 | Rs158.83 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HeidelbergCement India 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): 7.65%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.97%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 1.82x
- Recent ROE (7.65%) is above the historical average (-7.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -149.46% | -10.84% | 0.73x | 18.92x | Rs-385.11 Million |
| 2005 | -212.69% | -6.26% | 0.90x | 37.95x | Rs-259.52 Million |
| 2006 | 0.00% | -21.77% | 1.13x | 0.00x | Rs-834.08 Million |
| 2007 | -3.64% | -2.39% | 1.13x | 1.36x | Rs-369.33 Million |
| 2008 | 15.39% | 16.42% | 0.79x | 1.19x | Rs342.11 Million |
| 2009 | 18.14% | 16.51% | 0.81x | 1.36x | Rs563.41 Million |
| 2010 | 18.21% | 14.31% | 0.87x | 1.46x | Rs604.17 Million |
| 2011 | 8.08% | 7.31% | 0.71x | 1.56x | Rs-150.26 Million |
| 2012 | 3.58% | 2.97% | 0.46x | 2.64x | Rs-523.86 Million |
| 2013 | 3.64% | 2.79% | 0.45x | 2.90x | Rs-538.24 Million |
| 2014 | -4.89% | -3.37% | 0.44x | 3.31x | Rs-1.24 Billion |
| 2015 | 6.87% | 2.91% | 0.73x | 3.23x | Rs-271.65 Million |
| 2016 | 4.32% | 2.33% | 0.62x | 2.96x | Rs-509.12 Million |
| 2017 | 7.88% | 4.44% | 0.71x | 2.49x | Rs-204.85 Million |
| 2018 | 12.73% | 7.13% | 0.74x | 2.42x | Rs285.40 Million |
| 2019 | 18.84% | 10.46% | 0.78x | 2.30x | Rs1.04 Billion |
| 2020 | 20.39% | 12.42% | 0.77x | 2.12x | Rs1.37 Billion |
| 2021 | 21.08% | 14.88% | 0.74x | 1.90x | Rs1.66 Billion |
| 2022 | 16.12% | 10.98% | 0.81x | 1.80x | Rs957.36 Million |
| 2023 | 6.79% | 4.43% | 0.84x | 1.82x | Rs-469.69 Million |
| 2024 | 11.41% | 7.09% | 0.89x | 1.81x | Rs207.67 Million |
| 2025 | 7.65% | 4.97% | 0.85x | 1.82x | Rs-327.68 Million |
Industry Comparison
This section compares HeidelbergCement India Limited's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $91,801,867,778
- Average return on equity (ROE) among peers: 19.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HeidelbergCement India Limited (HEIDELBERG) | Rs13.10 Billion | -149.46% | 0.86x | $389.25 Million |
| ACC Limited (ACC) | $163.32 Billion | 14.30% | 0.43x | $2.89 Billion |
| Ambuja Cements Limited (AMBUJACEM) | $39.02 Billion | 43.30% | 0.50x | $11.87 Billion |
| Birla Corporation Limited (BIRLACORPN) | $6.68 Billion | 48.76% | 1.20x | $757.42 Million |
| Dalmia Bharat Limited (DALBHARAT) | $157.59 Billion | 5.18% | 0.58x | $3.87 Billion |
| Grasim Industries Limited (GRASIM) | $361.58 Billion | 6.83% | 0.65x | $20.50 Billion |
| Global Surfaces Limited (GSLSU) | $984.34 Million | 34.47% | 0.62x | $26.18 Million |
| IFGL Refractories Limited (IFGLEXPOR) | $6.84 Billion | 6.46% | 0.31x | $147.97 Million |
| The India Cements Limited (INDIACEM) | $53.09 Billion | 1.23% | 1.07x | $1.33 Billion |
| JK Cement Limited (JKCEMENT) | $37.11 Billion | 19.12% | 1.66x | $4.42 Billion |
About HeidelbergCement India Limited
HeidelbergCement India Limited manufactures and sells cement in India and internationally. The company offers Portland pozzolana cement under the mycem, mycem Primo, mycem Power, and mycem Power Shield brands. It also manufactures and sells clinkers; and sells scrap materials. In addition, the company provides concrete solution labs, including mobile technical lab services. The company was former… Read more