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. Check tangible net worth ratio of HMA AGRO INDUSTRIES ORD (BSE) to evaluate the tangible quality of the company's equity base.
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. See HMA AGRO INDUSTRIES ORD (BSE) (HMAAGRO) liquidity interval to measure how many days the company can operate on defensive assets alone.
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. For live valuation and market cap data, see HMAAGRO stock market capitalisation.
| 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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs500.77 Million | 5.32% |
| Other Components | Rs8.91 Billion | 94.68% |
| 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 |
|---|---|
|
Easy Field
TWO:6425
|
$121.64 Million |
|
Value Valves Co Ltd
TWO:4580
|
$121.65 Million |
|
Moens Bank A/S
CO:MNBA
|
$121.72 Million |
|
PepGen Ltd
NASDAQ:PEPG
|
$121.74 Million |
|
Innoviz Technologies
NASDAQ:INVZ
|
$121.51 Million |
|
Rav Bariach 08 Industries Ltd
TA:BRIH
|
$121.50 Million |
|
One and One Green Technologies. Inc Class A Ordinary Shares
NASDAQ:YDDL
|
$121.45 Million |
|
Shanghai Haixin Group Co Ltd B
SHG:900917
|
$121.43 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: 1.20x
- 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 0.59x to 1.20x 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 | Rs22.46 | x |
| 2020-03-31 | Rs50.37 | Rs22.46 | x |
| 2021-03-31 | Rs69.90 | Rs22.46 | x |
| 2022-03-31 | Rs7.89 | Rs22.46 | x |
| 2023-03-31 | Rs9.98 | Rs22.46 | x |
| 2024-03-31 | Rs14.50 | Rs22.46 | x |
| 2025-03-31 | Rs15.94 | Rs22.46 | x |
| 2026-03-31 | Rs18.79 | Rs22.46 | 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: $18,303,249,125
- Average return on equity (ROE) among peers: 14.99%
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 | $121.64 Million |
| ADF Foods Limited (ADFFOODS) | $4.93 Billion | 14.06% | 0.28x | $363.09 Million |
| Ajooni Biotech Limited (AJOONI) | $109.44 Million | 3.53% | 0.76x | $7.13 Million |
| Agro Tech Foods Limited (ATFL) | $1.30 Billion | 16.04% | 0.65x | $365.36 Million |
| Avanti Feeds Limited (AVANTIFEED) | $11.50 Billion | 38.83% | 0.33x | $1.45 Billion |
| Adani Wilmar Limited (AWL) | $81.66 Billion | 7.13% | 1.57x | $2.69 Billion |
| Bombay Burmah Trading Corporation Limited (BBTC) | $7.97 Billion | 2.39% | 0.62x | $1.15 Billion |
| Mrs. Bectors Food Specialities Limited (BECTORFOOD) | $3.19 Billion | 9.49% | 0.77x | $622.63 Million |
| Bikaji Foods International Limited (BIKAJI) | $6.08 Billion | 14.85% | 0.35x | $1.79 Billion |
| Britannia Industries Limited (BRITANNIA) | $42.86 Billion | 27.04% | 0.46x | $13.66 Billion |
| CCL Products (India) Limited (CCL) | $23.45 Billion | 16.55% | 0.85x | $1.63 Billion |
About HMA AGRO INDUSTRIES ORD (BSE)
HMA Agro Industries Limited manufactures and exports frozen buffalo meat and related products in India, Vietnam, Indonesia, Hong Kong, Malaysia, Egypt, and internationally. The company offers frozen and chilled meat, as well as fish and rice. It also provides fruits and vegetables; animal nutrition products; and pet foods. The company offers products under the Black Gold, Green Gold, Fresh Gold, … Read more