HMA AGRO INDUSTRIES ORD (BSE) (HMAAGRO) - Net Assets
Based on the latest financial reports, HMA AGRO INDUSTRIES ORD (BSE) (HMAAGRO) has net assets worth Rs9.62 Billion INR (≈ $104.09 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 (Rs24.13 Billion ≈ $260.94 Million USD) and total liabilities (Rs14.50 Billion ≈ $156.86 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. See HMA AGRO INDUSTRIES ORD (BSE) (HMAAGRO) net asset quality to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs9.62 Billion |
| % of Total Assets | 39.89% |
| Annual Growth Rate | 31.44% |
| 5-Year Change | 145.62% |
| 10-Year Change | N/A |
| Growth Volatility | 13.97 |
HMA AGRO INDUSTRIES ORD (BSE) - Net Assets Trend (2019–2026)
This chart illustrates how HMA AGRO INDUSTRIES ORD (BSE)'s net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see HMA AGRO INDUSTRIES ORD (BSE) market cap and net worth.
Annual Net Assets for HMA AGRO INDUSTRIES ORD (BSE) (2019–2026)
The table below shows the annual net assets of HMA AGRO INDUSTRIES ORD (BSE) from 2019 to 2026. Also explore HMA AGRO INDUSTRIES ORD (BSE) equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs9.62 Billion ≈ $104.09 Million |
+18.82% |
| 2025-03-31 | Rs8.10 Billion ≈ $87.60 Million |
+9.84% |
| 2024-03-31 | Rs7.37 Billion ≈ $79.75 Million |
+49.13% |
| 2023-03-31 | Rs4.94 Billion ≈ $53.48 Million |
+26.19% |
| 2022-03-31 | Rs3.92 Billion ≈ $42.38 Million |
+50.13% |
| 2021-03-31 | Rs2.61 Billion ≈ $28.23 Million |
+38.68% |
| 2020-03-31 | Rs1.88 Billion ≈ $20.35 Million |
+32.58% |
| 2019-03-31 | Rs1.42 Billion ≈ $15.35 Million |
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Equity Component Analysis
This analysis shows how different components contribute to HMA AGRO INDUSTRIES ORD (BSE)'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 901.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs7.19 Billion | 76.44% |
| Common Stock | Rs500.77 Million | 5.32% |
| Other Components | Rs1.72 Billion | 18.24% |
| Total Equity | Rs9.41 Billion | 100.00% |
HMA AGRO INDUSTRIES ORD (BSE) Competitors by Market Cap
The table below lists competitors of HMA AGRO INDUSTRIES ORD (BSE) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
First Steamship Co Ltd
TW:2601
|
$128.76 Million |
|
ParTec AG
XETRA:JY0
|
$128.80 Million |
|
Kt Skylife
KO:053210
|
$128.85 Million |
|
Alicon Castalloy Limited
NSE:ALICON
|
$128.86 Million |
|
Alligator Energy Ltd
AU:AGE
|
$128.72 Million |
|
GHCL TEXTILES LTD
NSE:GHCLTEXTIL
|
$128.71 Million |
|
Adi Sarana Armada Tbk
JK:ASSA
|
$128.69 Million |
|
REDELFI SPA
F:B0Z
|
$128.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HMA AGRO INDUSTRIES ORD (BSE)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 7,889,060,000 to 9,407,810,000, a change of 1,518,750,000 (19.3%).
- Net income of 1,647,590,000 contributed positively to equity growth.
- Dividend payments of 150,230,000 reduced retained earnings.
- Other comprehensive income decreased equity by 220,420,000.
- Other factors increased equity by 241,810,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs1.65 Billion | +17.51% |
| Dividends Paid | Rs150.23 Million | -1.6% |
| Other Comprehensive Income | Rs-220.42 Million | -2.34% |
| Other Changes | Rs241.81 Million | +2.57% |
| Total Change | Rs- | 19.25% |
Book Value vs Market Value Analysis
This analysis compares HMA AGRO INDUSTRIES ORD (BSE)'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: 1.27x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.63x to 1.27x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-03-31 | Rs37.96 | Rs23.77 | x |
| 2020-03-31 | Rs50.37 | Rs23.77 | x |
| 2021-03-31 | Rs69.90 | Rs23.77 | x |
| 2022-03-31 | Rs7.89 | Rs23.77 | x |
| 2023-03-31 | Rs9.98 | Rs23.77 | x |
| 2024-03-31 | Rs14.50 | Rs23.77 | x |
| 2025-03-31 | Rs15.94 | Rs23.77 | x |
| 2026-03-31 | Rs18.79 | Rs23.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HMA AGRO INDUSTRIES ORD (BSE) 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): 17.51%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.38%
- • Asset Turnover: 2.87x
- • Equity Multiplier: 2.56x
- Recent ROE (17.51%) is below the historical average (21.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 22.03% | 1.14% | 4.99x | 3.88x | Rs170.20 Million |
| 2020 | 24.45% | 1.93% | 4.72x | 2.68x | Rs271.28 Million |
| 2021 | 27.48% | 4.19% | 2.87x | 2.28x | Rs455.47 Million |
| 2022 | 30.63% | 3.72% | 3.60x | 2.29x | Rs772.87 Million |
| 2023 | 25.39% | 3.75% | 3.21x | 2.11x | Rs729.87 Million |
| 2024 | 14.03% | 2.09% | 3.34x | 2.01x | Rs289.22 Million |
| 2025 | 11.00% | 1.69% | 3.00x | 2.17x | Rs78.89 Million |
| 2026 | 17.51% | 2.38% | 2.87x | 2.56x | Rs706.81 Million |
Industry Comparison
This section compares HMA AGRO INDUSTRIES ORD (BSE)'s net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $20,117,307,101
- Average return on equity (ROE) among peers: 15.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HMA AGRO INDUSTRIES ORD (BSE) (HMAAGRO) | Rs9.62 Billion | 22.03% | 1.51x | $128.73 Million |
| ADF Foods Limited (ADFFOODS) | $1.59 Billion | 4.16% | 0.22x | $310.64 Million |
| Ajooni Biotech Limited (AJOONI) | $121.65 Million | 3.38% | 0.50x | $6.11 Million |
| Agro Tech Foods Limited (ATFL) | $4.86 Billion | 3.10% | 0.32x | $365.36 Million |
| Avanti Feeds Limited (AVANTIFEED) | $15.95 Billion | 21.73% | 0.18x | $1.14 Billion |
| Adani Wilmar Limited (AWL) | $104.44 Billion | 9.98% | 1.37x | $2.61 Billion |
| Bombay Burmah Trading Corporation Limited (BBTC) | $29.10 Billion | 13.27% | 0.76x | $1.14 Billion |
| Mrs. Bectors Food Specialities Limited (BECTORFOOD) | $4.69 Billion | 12.18% | 0.54x | $735.54 Million |
| Bikaji Foods International Limited (BIKAJI) | $8.21 Billion | 9.50% | 0.34x | $1.57 Billion |
| Britannia Industries Limited (BRITANNIA) | $25.86 Billion | 58.97% | 1.91x | $13.02 Billion |
| CCL Products (India) Limited (CCL) | $6.36 Billion | 21.15% | 0.33x | $1.53 Billion |
About HMA AGRO INDUSTRIES ORD (BSE)
HMA Agro Industries Limited manufactures and exports frozen buffalo meat and related products. It offers frozen fish seafood, rice, pet food, by-product, and leather, as well as fruits and vegetables. The company offers products under the Black Gold, Kamil, Fresh Gold, and HMA Green Gold brands. It operates in India, Vietnam, Malaysia, Uzbekistan, Saudi Arabia, Indonesia, Hong Kong, Egypt, and in… Read more