Hindustan Composites Limited (HINDCOMPOS) - Net Assets
Based on the latest financial reports, Hindustan Composites Limited (HINDCOMPOS) has net assets worth Rs11.45 Billion INR (≈ $123.86 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs12.64 Billion ≈ $136.74 Million USD) and total liabilities (Rs1.19 Billion ≈ $12.88 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 how strategically is Hindustan Composites Limited's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs11.45 Billion |
| % of Total Assets | 90.58% |
| Annual Growth Rate | 23.12% |
| 5-Year Change | 24.86% |
| 10-Year Change | 66.46% |
| Growth Volatility | 439.1 |
Hindustan Composites Limited - Net Assets Trend (2006–2026)
This chart illustrates how Hindustan Composites Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Hindustan Composites Limited market cap and net worth.
Annual Net Assets for Hindustan Composites Limited (2006–2026)
The table below shows the annual net assets of Hindustan Composites Limited from 2006 to 2026. Also explore Hindustan Composites Limited annual equity growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs11.45 Billion ≈ $123.86 Million |
+5.61% |
| 2025-03-31 | Rs10.85 Billion ≈ $117.29 Million |
+9.92% |
| 2024-03-31 | Rs9.87 Billion ≈ $106.70 Million |
+7.15% |
| 2023-03-31 | Rs9.21 Billion ≈ $99.59 Million |
+0.39% |
| 2022-03-31 | Rs9.17 Billion ≈ $99.20 Million |
+12.27% |
| 2021-03-31 | Rs8.17 Billion ≈ $88.35 Million |
+7.35% |
| 2020-03-31 | Rs7.61 Billion ≈ $82.30 Million |
+0.96% |
| 2019-03-31 | Rs7.54 Billion ≈ $81.52 Million |
+2.06% |
| 2018-03-31 | Rs7.39 Billion ≈ $79.88 Million |
+7.35% |
| 2017-03-31 | Rs6.88 Billion ≈ $74.41 Million |
+17.78% |
| 2016-03-31 | Rs5.84 Billion ≈ $63.17 Million |
+6.36% |
| 2015-03-31 | Rs5.49 Billion ≈ $59.39 Million |
+4.81% |
| 2014-03-31 | Rs5.24 Billion ≈ $56.67 Million |
+3.16% |
| 2013-03-31 | Rs5.08 Billion ≈ $54.93 Million |
+1.93% |
| 2012-03-31 | Rs4.98 Billion ≈ $53.89 Million |
+4.13% |
| 2011-03-31 | Rs4.79 Billion ≈ $51.75 Million |
-2.73% |
| 2010-03-31 | Rs4.92 Billion ≈ $53.20 Million |
+2020.36% |
| 2009-03-31 | Rs232.02 Million ≈ $2.51 Million |
-17.96% |
| 2008-03-31 | Rs282.82 Million ≈ $3.06 Million |
-8.09% |
| 2007-03-31 | Rs307.71 Million ≈ $3.33 Million |
+72.18% |
| 2006-03-31 | Rs178.71 Million ≈ $1.93 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Hindustan Composites 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 56309000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs563.09 Million | 4.92% |
| Common Stock | Rs73.80 Million | 0.64% |
| Other Comprehensive Income | Rs10.82 Billion | 94.44% |
| Total Equity | Rs11.45 Billion | 100.00% |
Hindustan Composites Limited Competitors by Market Cap
The table below lists competitors of Hindustan Composites Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sono-Tek Corp
NASDAQ:SOTK
|
$60.48 Million |
|
Enersense International Oyj
HE:ESENSE
|
$60.49 Million |
|
Sunmow Holding Bhd
KLSE:03050
|
$60.50 Million |
|
Westag & Getalit AG
F:WUG3
|
$60.55 Million |
|
Erbud SA
WAR:ERB
|
$60.48 Million |
|
Perak Transit Bhd
KLSE:0186
|
$60.47 Million |
|
Mirae Asset Daewoo Co Ltd
KO:006805
|
$60.46 Million |
|
Empresas la Polar SA
SN:ABC
|
$60.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hindustan Composites Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 10,845,200,000 to 11,453,200,000, a change of 608,000,000 (5.6%).
- Net income of 311,100,000 contributed positively to equity growth.
- Dividend payments of 29,500,000 reduced retained earnings.
- Other comprehensive income increased equity by 689,196,000.
- Other factors decreased equity by 362,796,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs311.10 Million | +2.72% |
| Dividends Paid | Rs29.50 Million | -0.26% |
| Other Comprehensive Income | Rs689.20 Million | +6.02% |
| Other Changes | Rs-362.80 Million | -3.17% |
| Total Change | Rs- | 5.61% |
Book Value vs Market Value Analysis
This analysis compares Hindustan Composites 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: 0.49x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 34.96x to 0.49x 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 | Rs10.83 | Rs378.65 | x |
| 2007-03-31 | Rs18.65 | Rs378.65 | x |
| 2008-03-31 | Rs17.14 | Rs378.65 | x |
| 2009-03-31 | Rs14.06 | Rs378.65 | x |
| 2010-03-31 | Rs298.16 | Rs378.65 | x |
| 2011-03-31 | Rs324.02 | Rs378.65 | x |
| 2012-03-31 | Rs337.41 | Rs378.65 | x |
| 2013-03-31 | Rs343.93 | Rs378.65 | x |
| 2014-03-31 | Rs354.79 | Rs378.65 | x |
| 2015-03-31 | Rs371.86 | Rs378.65 | x |
| 2016-03-31 | Rs395.53 | Rs378.65 | x |
| 2017-03-31 | Rs465.87 | Rs378.65 | x |
| 2018-03-31 | Rs500.09 | Rs378.65 | x |
| 2019-03-31 | Rs510.40 | Rs378.65 | x |
| 2020-03-31 | Rs515.30 | Rs378.65 | x |
| 2021-03-31 | Rs553.18 | Rs378.65 | x |
| 2022-03-31 | Rs621.07 | Rs378.65 | x |
| 2023-03-31 | Rs623.50 | Rs378.65 | x |
| 2024-03-31 | Rs668.06 | Rs378.65 | x |
| 2025-03-31 | Rs734.37 | Rs378.65 | x |
| 2026-03-31 | Rs775.33 | Rs378.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hindustan Composites 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): 2.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.30%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.10x
- Recent ROE (2.72%) is below the historical average (6.45%), 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 | 3.76% | 1.13% | 0.95x | 3.48x | Rs-11.14 Million |
| 2007 | -11.77% | -5.50% | 0.70x | 3.05x | Rs-66.98 Million |
| 2008 | -7.04% | -2.78% | 0.86x | 2.96x | Rs-48.20 Million |
| 2009 | 1.76% | 0.53% | 1.10x | 3.04x | Rs-19.13 Million |
| 2010 | 96.60% | 528.60% | 0.17x | 1.11x | Rs4.26 Billion |
| 2011 | 4.19% | 20.94% | 0.18x | 1.08x | Rs-278.10 Million |
| 2012 | 4.20% | 24.83% | 0.16x | 1.07x | Rs-289.12 Million |
| 2013 | 2.01% | 10.97% | 0.17x | 1.07x | Rs-405.95 Million |
| 2014 | 3.28% | 16.19% | 0.19x | 1.07x | Rs-352.01 Million |
| 2015 | 4.70% | 23.40% | 0.19x | 1.06x | Rs-291.20 Million |
| 2016 | 6.34% | 30.94% | 0.19x | 1.08x | Rs-213.59 Million |
| 2017 | 3.37% | 13.97% | 0.21x | 1.13x | Rs-455.90 Million |
| 2018 | 3.12% | 11.59% | 0.24x | 1.12x | Rs-508.50 Million |
| 2019 | 2.33% | 8.96% | 0.23x | 1.12x | Rs-578.32 Million |
| 2020 | 1.38% | 5.90% | 0.21x | 1.12x | Rs-656.34 Million |
| 2021 | 2.41% | 10.69% | 0.20x | 1.12x | Rs-619.75 Million |
| 2022 | 2.36% | 9.32% | 0.23x | 1.09x | Rs-701.25 Million |
| 2023 | 2.98% | 9.72% | 0.28x | 1.09x | Rs-646.15 Million |
| 2024 | 3.49% | 11.56% | 0.28x | 1.10x | Rs-642.55 Million |
| 2025 | 3.23% | 10.77% | 0.27x | 1.10x | Rs-734.52 Million |
| 2026 | 2.72% | 8.30% | 0.30x | 1.10x | Rs-834.22 Million |
Industry Comparison
This section compares Hindustan Composites Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $13,851,567,129
- Average return on equity (ROE) among peers: 13.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hindustan Composites Limited (HINDCOMPOS) | Rs11.45 Billion | 3.76% | 0.10x | $60.48 Million |
| Asahi India Glass Limited (ASAHIINDIA) | $14.24 Billion | 9.35% | 1.65x | $2.65 Billion |
| ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) | $6.32 Billion | 13.08% | 0.75x | $1.40 Billion |
| Balkrishna Industries Limited (BALKRISIND) | $11.10 Billion | 23.93% | 2.01x | $4.74 Billion |
| Banco Products (I) Limited (BANCOINDIA) | $3.52 Billion | 18.62% | 0.78x | $934.32 Million |
| Bharat Gears Limited (BHARATGEAR) | $758.48 Million | 0.78% | 2.84x | $16.69 Million |
| Bosch Limited (BOSCHLTD) | $55.73 Billion | 17.19% | 0.42x | $14.99 Billion |
| CEAT Limited (CEATLTD) | $20.97 Billion | 20.87% | 0.97x | $1.51 Billion |
| CIE Automotive India Limited (CIEINDIA) | $8.72 Billion | 5.87% | 1.33x | $1.59 Billion |
| Craftsman Automation Limited (CRAFTSMAN) | $11.36 Billion | 14.36% | 1.36x | $3.15 Billion |
| Divgi Torqtransfer Systems Limited (DIVGIITTS) | $5.80 Billion | 6.85% | 0.11x | $373.81 Million |
About Hindustan Composites Limited
Hindustan Composites Limited develops, manufactures, and markets fibre-based friction materials in India. It operates through Composite Products and Investment segments. The company offers friction materials, including automotive brake linings, automotive and industrial roll linings, automotive clutch facings and ceramic buttons, automotive disc brake pads, railway brake blocks, and friction shee… Read more