Hexaware Technologies Limited
Hexaware Technologies Limited provides information technology consulting, software development, and business process services worldwide. The company operates through Travel and Transportation, Financial Services, Banking, Healthcare and Insurance, Hi-Tech Professional Services, and Manufacturing and Consumer segments. It offers application services, including enterprise architecture consulting, a… Read more
Hexaware Technologies Limited (HEXT) - Net Assets
Latest net assets as of June 2025: ₹58.02 Billion INR
Based on the latest financial reports, Hexaware Technologies Limited (HEXT) has net assets worth ₹58.02 Billion INR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹92.98 Billion) and total liabilities (₹34.96 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 | ₹58.02 Billion |
| % of Total Assets | 62.4% |
| Annual Growth Rate | 16.17% |
| 5-Year Change | 65.48% |
| 10-Year Change | 273.61% |
| Growth Volatility | 23.63 |
Hexaware Technologies Limited - Net Assets Trend (2004–2024)
This chart illustrates how Hexaware Technologies 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 Hexaware Technologies Limited (2004–2024)
The table below shows the annual net assets of Hexaware Technologies Limited from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₹53.55 Billion | +15.52% |
| 2023-12-31 | ₹46.35 Billion | +12.42% |
| 2022-12-31 | ₹41.23 Billion | +8.85% |
| 2021-12-31 | ₹37.88 Billion | +17.06% |
| 2020-12-31 | ₹32.36 Billion | +17.01% |
| 2019-12-31 | ₹27.65 Billion | +15.62% |
| 2018-12-31 | ₹23.92 Billion | +19.16% |
| 2017-12-31 | ₹20.07 Billion | +15.30% |
| 2016-12-31 | ₹17.41 Billion | +21.47% |
| 2015-12-31 | ₹14.33 Billion | +11.05% |
| 2014-12-31 | ₹12.91 Billion | +7.62% |
| 2013-12-31 | ₹11.99 Billion | -0.39% |
| 2012-12-31 | ₹12.04 Billion | +18.46% |
| 2011-12-31 | ₹10.16 Billion | +5.25% |
| 2010-12-31 | ₹9.65 Billion | +13.62% |
| 2009-12-31 | ₹8.50 Billion | +28.25% |
| 2008-12-31 | ₹6.63 Billion | -6.15% |
| 2007-12-31 | ₹7.06 Billion | -4.54% |
| 2006-12-31 | ₹7.40 Billion | +112.85% |
| 2005-12-31 | ₹3.47 Billion | +30.12% |
| 2004-12-31 | ₹2.67 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hexaware Technologies 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 3835400000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹38.35 Billion | 71.60% |
| Common Stock | ₹608.00 Million | 1.13% |
| Other Components | ₹14.61 Billion | 27.27% |
| Total Equity | ₹53.57 Billion | 100.00% |
Hexaware Technologies Limited Competitors by Market Cap
The table below lists competitors of Hexaware Technologies Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Foshan Golden Milky Way Intelligent Equipment Co Ltd
SHE:300619
|
$607.64 Million |
|
Wiscom System Co Ltd
SHE:002090
|
$607.71 Million |
|
Hunan New Wellful Co Ltd
SHG:600975
|
$607.92 Million |
|
Salfacorp
SN:SALFACORP
|
$607.92 Million |
|
EFORT Intelligent Equipment Co Ltd
SHG:688165
|
$607.50 Million |
|
Hoist Finance AB
ST:HOFI
|
$607.39 Million |
|
Sercomm Corp
TW:5388
|
$607.32 Million |
|
Mitek Systems Inc
NASDAQ:MITK
|
$607.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hexaware Technologies Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 46,352,000,000 to 53,569,000,000, a change of 7,217,000,000 (15.6%).
- Net income of 11,764,000,000 contributed positively to equity growth.
- Dividend payments of 5,314,000,000 reduced retained earnings.
- Other factors increased equity by 767,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹11.76 Billion | +21.96% |
| Dividends Paid | ₹5.31 Billion | -9.92% |
| Other Changes | ₹767.00 Million | +1.43% |
| Total Change | ₹- | 15.57% |
Book Value vs Market Value Analysis
This analysis compares Hexaware Technologies 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: 4.63x
- 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 19.16x to 4.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | ₹21.25 | ₹407.00 | x |
| 2005-12-31 | ₹28.55 | ₹407.00 | x |
| 2006-12-31 | ₹53.52 | ₹407.00 | x |
| 2007-12-31 | ₹51.59 | ₹407.00 | x |
| 2008-12-31 | ₹45.82 | ₹407.00 | x |
| 2009-12-31 | ₹57.00 | ₹407.00 | x |
| 2010-12-31 | ₹32.49 | ₹407.00 | x |
| 2011-12-31 | ₹33.95 | ₹407.00 | x |
| 2012-12-31 | ₹40.02 | ₹407.00 | x |
| 2013-12-31 | ₹39.82 | ₹407.00 | x |
| 2014-12-31 | ₹42.75 | ₹407.00 | x |
| 2015-12-31 | ₹47.18 | ₹407.00 | x |
| 2016-12-31 | ₹57.18 | ₹407.00 | x |
| 2017-12-31 | ₹66.53 | ₹407.00 | x |
| 2018-12-31 | ₹79.15 | ₹407.00 | x |
| 2019-12-31 | ₹91.60 | ₹407.00 | x |
| 2020-12-31 | ₹106.69 | ₹407.00 | x |
| 2021-12-31 | ₹124.65 | ₹407.00 | x |
| 2022-12-31 | ₹135.52 | ₹407.00 | x |
| 2023-12-31 | ₹76.25 | ₹407.00 | x |
| 2024-12-31 | ₹87.85 | ₹407.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hexaware Technologies 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): 21.96%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.82%
- • Asset Turnover: 1.33x
- • Equity Multiplier: 1.68x
- Recent ROE (21.96%) is above the historical average (21.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 23.87% | 11.68% | 1.41x | 1.45x | ₹370.34 Million |
| 2005 | 26.33% | 13.48% | 1.49x | 1.31x | ₹567.52 Million |
| 2006 | 16.80% | 14.65% | 0.94x | 1.22x | ₹502.80 Million |
| 2007 | 1.00% | 0.68% | 1.05x | 1.40x | ₹-635.16 Million |
| 2008 | 8.90% | 5.12% | 1.09x | 1.59x | ₹-72.71 Million |
| 2009 | 15.79% | 12.92% | 0.91x | 1.34x | ₹492.06 Million |
| 2010 | 11.14% | 10.20% | 0.84x | 1.29x | ₹110.42 Million |
| 2011 | 26.28% | 18.41% | 1.00x | 1.43x | ₹1.65 Billion |
| 2012 | 27.22% | 16.82% | 1.23x | 1.31x | ₹2.07 Billion |
| 2013 | 31.62% | 16.59% | 1.25x | 1.53x | ₹2.59 Billion |
| 2014 | 24.81% | 12.40% | 1.46x | 1.37x | ₹1.91 Billion |
| 2015 | 27.44% | 12.59% | 1.54x | 1.42x | ₹2.50 Billion |
| 2016 | 24.08% | 11.86% | 1.53x | 1.33x | ₹2.45 Billion |
| 2017 | 24.89% | 12.67% | 1.55x | 1.27x | ₹2.99 Billion |
| 2018 | 24.39% | 12.55% | 1.48x | 1.31x | ₹3.44 Billion |
| 2019 | 23.19% | 11.49% | 1.34x | 1.51x | ₹3.65 Billion |
| 2020 | 19.21% | 9.92% | 1.22x | 1.59x | ₹2.98 Billion |
| 2021 | 19.77% | 10.43% | 1.27x | 1.50x | ₹3.70 Billion |
| 2022 | 21.45% | 9.61% | 1.41x | 1.58x | ₹4.72 Billion |
| 2023 | 21.52% | 9.61% | 1.44x | 1.55x | ₹5.34 Billion |
| 2024 | 21.96% | 9.82% | 1.33x | 1.68x | ₹6.41 Billion |
Industry Comparison
This section compares Hexaware Technologies Limited's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $2,503,158,354
- Average return on equity (ROE) among peers: 12.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hexaware Technologies Limited (HEXT) | ₹58.02 Billion | 23.87% | 0.60x | $607.58 Million |
| 3i Infotech Limited (3IINFOLTD) | $10.02 Billion | 26.55% | 2.88x | $23.73 Million |
| AAA Technologies Limited (AAATECH) | $239.64 Million | 9.76% | 0.16x | $7.64 Million |
| Accelya Solutions India Limited (ACCELYA) | $1.46 Billion | 14.35% | 0.24x | $43.42 Million |
| Adroit Infotech Limited (ADROITINFO) | $160.99 Million | -1.68% | 0.01x | $2.87 Million |
| Allied Digital Services Limited (ADSL) | $6.46 Billion | 4.97% | 0.43x | $32.95 Million |
| Airan Limited (AIRAN) | $158.56 Million | 5.12% | 0.24x | $6.12 Million |
| Alankit Limited (ALANKIT) | $316.22 Million | 1.08% | 0.04x | $12.73 Million |
| Bartronics India Limited (ASMS) | $282.50 Million | 6.18% | 0.15x | $6.02 Million |
| BIRLASOFT LIMITED (BSOFT) | $1.42 Billion | 22.91% | 0.88x | $692.71 Million |
| Computer Age Management Services Limited (CAMS) | $4.51 Billion | 32.35% | 0.55x | $1.74 Billion |