Hester Biosciences Limited (HESTERBIO) - Net Assets
Based on the latest financial reports, Hester Biosciences Limited (HESTERBIO) has net assets worth Rs3.51 Billion INR (≈ $37.96 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 (Rs6.75 Billion ≈ $73.02 Million USD) and total liabilities (Rs3.24 Billion ≈ $35.06 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 HESTERBIO financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs3.51 Billion |
| % of Total Assets | 51.99% |
| Annual Growth Rate | 18.19% |
| 5-Year Change | 38.44% |
| 10-Year Change | 211.65% |
| Growth Volatility | 20.99 |
Hester Biosciences Limited - Net Assets Trend (2006–2025)
This chart illustrates how Hester Biosciences Limited's net assets have evolved over time, based on quarterly financial data. Also explore Hester Biosciences Limited (HESTERBIO) total assets for the complete picture of this company's asset base.
Annual Net Assets for Hester Biosciences Limited (2006–2025)
The table below shows the annual net assets of Hester Biosciences Limited from 2006 to 2025. For live valuation and market cap data, see how much is Hester Biosciences Limited worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs3.27 Billion ≈ $35.33 Million |
+7.85% |
| 2024-03-31 | Rs3.03 Billion ≈ $32.75 Million |
+3.59% |
| 2023-03-31 | Rs2.92 Billion ≈ $31.62 Million |
+9.35% |
| 2022-03-31 | Rs2.67 Billion ≈ $28.92 Million |
+13.32% |
| 2021-03-31 | Rs2.36 Billion ≈ $25.52 Million |
+14.27% |
| 2020-03-31 | Rs2.06 Billion ≈ $22.33 Million |
+13.99% |
| 2019-03-31 | Rs1.81 Billion ≈ $19.59 Million |
+24.93% |
| 2018-03-31 | Rs1.45 Billion ≈ $15.68 Million |
+16.76% |
| 2017-03-31 | Rs1.24 Billion ≈ $13.43 Million |
+18.49% |
| 2016-03-31 | Rs1.05 Billion ≈ $11.34 Million |
+24.99% |
| 2015-03-31 | Rs838.58 Million ≈ $9.07 Million |
+9.92% |
| 2014-03-31 | Rs762.88 Million ≈ $8.25 Million |
+11.38% |
| 2013-03-31 | Rs684.95 Million ≈ $7.41 Million |
+12.18% |
| 2012-03-31 | Rs610.60 Million ≈ $6.60 Million |
+27.25% |
| 2011-03-31 | Rs479.85 Million ≈ $5.19 Million |
+17.43% |
| 2010-03-31 | Rs408.64 Million ≈ $4.42 Million |
+11.51% |
| 2009-03-31 | Rs366.47 Million ≈ $3.96 Million |
+9.49% |
| 2008-03-31 | Rs334.69 Million ≈ $3.62 Million |
+19.76% |
| 2007-03-31 | Rs279.47 Million ≈ $3.02 Million |
+104.77% |
| 2006-03-31 | Rs136.48 Million ≈ $1.48 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Hester Biosciences 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 237086000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs2.37 Billion | 75.44% |
| Common Stock | Rs85.07 Million | 2.71% |
| Other Comprehensive Income | Rs511.55 Million | 16.28% |
| Other Components | Rs175.07 Million | 5.57% |
| Total Equity | Rs3.14 Billion | 100.00% |
Hester Biosciences Limited Competitors by Market Cap
The table below lists competitors of Hester Biosciences Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Arrowmark Financial Corp
NASDAQ:BANX
|
$150.43 Million |
|
Westwood Holdings Group Inc
NYSE:WHG
|
$150.44 Million |
|
Naturhouse Health SA
MC:NTH
|
$150.47 Million |
|
Lotus Resources Ltd
AU:LOT
|
$150.50 Million |
|
PT MNC Energy Investments Tbk
JK:IATA
|
$150.28 Million |
|
Wanhwa Enterprise Co
TW:2701
|
$150.27 Million |
|
Reit Azorim HF Living Ltd
TA:AZRT
|
$150.21 Million |
|
Dune Acquisition Corporation II Class A Ordinary Shares
NASDAQ:IPOD
|
$150.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hester Biosciences Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,917,930,000 to 3,142,550,000, a change of 224,620,000 (7.7%).
- Net income of 274,880,000 contributed positively to equity growth.
- Dividend payments of 51,680,000 reduced retained earnings.
- Other comprehensive income increased equity by 4,649,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs274.88 Million | +8.75% |
| Dividends Paid | Rs51.68 Million | -1.64% |
| Other Comprehensive Income | Rs4.65 Million | +0.15% |
| Other Changes | Rs-3.23 Million | -0.1% |
| Total Change | Rs- | 7.70% |
Book Value vs Market Value Analysis
This analysis compares Hester Biosciences 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: 4.22x
- 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 69.83x to 4.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs23.40 | Rs1634.20 | x |
| 2007-03-31 | Rs40.31 | Rs1634.20 | x |
| 2008-03-31 | Rs42.98 | Rs1634.20 | x |
| 2009-03-31 | Rs47.06 | Rs1634.20 | x |
| 2010-03-31 | Rs52.48 | Rs1634.20 | x |
| 2011-03-31 | Rs61.62 | Rs1634.20 | x |
| 2012-03-31 | Rs70.60 | Rs1634.20 | x |
| 2013-03-31 | Rs93.38 | Rs1634.20 | x |
| 2014-03-31 | Rs88.18 | Rs1634.20 | x |
| 2015-03-31 | Rs96.86 | Rs1634.20 | x |
| 2016-03-31 | Rs118.39 | Rs1634.20 | x |
| 2017-03-31 | Rs140.61 | Rs1634.20 | x |
| 2018-03-31 | Rs165.32 | Rs1634.20 | x |
| 2019-03-31 | Rs208.61 | Rs1634.20 | x |
| 2020-03-31 | Rs236.36 | Rs1634.20 | x |
| 2021-03-31 | Rs268.38 | Rs1634.20 | x |
| 2022-03-31 | Rs305.62 | Rs1634.20 | x |
| 2023-03-31 | Rs343.70 | Rs1634.20 | x |
| 2024-03-31 | Rs343.01 | Rs1634.20 | x |
| 2025-03-31 | Rs387.44 | Rs1634.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hester Biosciences 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): 8.75%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.84%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 2.08x
- Recent ROE (8.75%) is below the historical average (15.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 32.57% | 22.13% | 0.89x | 1.65x | Rs30.80 Million |
| 2007 | 18.43% | 23.60% | 0.34x | 2.28x | Rs23.57 Million |
| 2008 | 21.04% | 21.57% | 0.48x | 2.05x | Rs36.94 Million |
| 2009 | 12.92% | 15.70% | 0.40x | 2.03x | Rs10.72 Million |
| 2010 | 14.76% | 16.07% | 0.46x | 1.98x | Rs19.47 Million |
| 2011 | 15.83% | 18.10% | 0.47x | 1.86x | Rs27.97 Million |
| 2012 | 12.73% | 15.76% | 0.51x | 1.60x | Rs16.33 Million |
| 2013 | 13.76% | 14.22% | 0.53x | 1.84x | Rs25.29 Million |
| 2014 | 12.60% | 13.69% | 0.49x | 1.90x | Rs19.53 Million |
| 2015 | 15.13% | 13.75% | 0.57x | 1.94x | Rs42.26 Million |
| 2016 | 18.75% | 18.72% | 0.55x | 1.83x | Rs88.12 Million |
| 2017 | 19.60% | 19.05% | 0.56x | 1.82x | Rs114.87 Million |
| 2018 | 18.22% | 18.85% | 0.56x | 1.74x | Rs115.58 Million |
| 2019 | 23.42% | 23.34% | 0.59x | 1.69x | Rs238.21 Million |
| 2020 | 14.51% | 15.92% | 0.48x | 1.91x | Rs90.64 Million |
| 2021 | 15.08% | 16.06% | 0.52x | 1.80x | Rs115.99 Million |
| 2022 | 15.12% | 16.73% | 0.42x | 2.16x | Rs133.22 Million |
| 2023 | 9.11% | 10.01% | 0.49x | 1.87x | Rs-26.11 Million |
| 2024 | 6.47% | 6.20% | 0.46x | 2.27x | Rs-102.90 Million |
| 2025 | 8.75% | 8.84% | 0.48x | 2.08x | Rs-39.38 Million |
Industry Comparison
This section compares Hester Biosciences 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: $23,713,303,062
- Average return on equity (ROE) among peers: 8.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hester Biosciences Limited (HESTERBIO) | Rs3.51 Billion | 32.57% | 0.92x | $150.34 Million |
| Aarey Drugs & Pharmaceuticals Limited (AAREYDRUGS) | $988.60 Million | 6.59% | 1.36x | $27.93 Million |
| Aarti Drugs Limited (AARTIDRUGS) | $6.52 Billion | 21.67% | 1.42x | $371.43 Million |
| Aarti Pharmalabs Limited (AARTIPHARM) | $19.90 Billion | 13.69% | 0.46x | $725.68 Million |
| Abbott India Limited (ABBOTINDIA) | $36.99 Billion | 32.48% | 0.40x | $5.85 Billion |
| Ajanta Pharma Limited (AJANTPHARM) | $1.16 Billion | 12.69% | 1.32x | $3.81 Billion |
| Akums Drugs and Pharmaceutical (AKUMS) | $6.25 Billion | -40.39% | 3.91x | $906.19 Million |
| Alkem Laboratories Limited (ALKEM) | $88.47 Billion | 18.60% | 0.59x | $6.98 Billion |
| Amrutanjan Health Care Limited (AMRUTANJAN) | $1.46 Billion | 16.82% | 0.29x | $178.52 Million |
| Alembic Pharmaceuticals Limited (APLLTD) | $51.90 Billion | 11.24% | 0.50x | $1.60 Billion |
| Aurobindo Pharma Limited (AUROPHARMA) | $23.50 Billion | -5.26% | 1.65x | $8.73 Billion |
About Hester Biosciences Limited
Hester Biosciences Limited manufactures and trades in veterinary vaccines and animal health products in India and internationally. It operates through the Poultry Healthcare and Animal Healthcare segments. The company provides poultry vaccines for newcastle disease, infectious bronchitis, infectious bursal, fowl pox, marek's disease, infectious coryza, fowl cholera, inclusion body hepatitis, fowl… Read more