Honda India Power Products Limited (HONDAPOWER) - Net Assets
Based on the latest financial reports, Honda India Power Products Limited (HONDAPOWER) has net assets worth Rs7.61 Billion INR (≈ $82.26 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 (Rs9.52 Billion ≈ $102.90 Million USD) and total liabilities (Rs1.91 Billion ≈ $20.64 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 equity quality of Honda India Power Products Limited to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs7.61 Billion |
| % of Total Assets | 79.94% |
| Annual Growth Rate | 9.32% |
| 5-Year Change | 42.61% |
| 10-Year Change | 135.57% |
| Growth Volatility | 3.83 |
Honda India Power Products Limited - Net Assets Trend (2005–2025)
This chart illustrates how Honda India Power Products Limited's net assets have evolved over time, based on quarterly financial data. See Honda India Power Products Limited (HONDAPOWER) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Honda India Power Products Limited (2005–2025)
The table below shows the annual net assets of Honda India Power Products Limited from 2005 to 2025. For live valuation and market cap data, see Honda India Power Products Limited (HONDAPOWER) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs8.64 Billion ≈ $93.39 Million |
+6.33% |
| 2024-03-31 | Rs8.12 Billion ≈ $87.83 Million |
+10.23% |
| 2023-03-31 | Rs7.37 Billion ≈ $79.68 Million |
+9.98% |
| 2022-03-31 | Rs6.70 Billion ≈ $72.44 Million |
+10.63% |
| 2021-03-31 | Rs6.06 Billion ≈ $65.48 Million |
+6.30% |
| 2020-03-31 | Rs5.70 Billion ≈ $61.60 Million |
+10.15% |
| 2019-03-31 | Rs5.17 Billion ≈ $55.92 Million |
+8.99% |
| 2018-03-31 | Rs4.74 Billion ≈ $51.31 Million |
+12.29% |
| 2017-03-31 | Rs4.23 Billion ≈ $45.69 Million |
+15.26% |
| 2016-03-31 | Rs3.67 Billion ≈ $39.64 Million |
+12.77% |
| 2015-03-31 | Rs3.25 Billion ≈ $35.15 Million |
+10.53% |
| 2014-03-31 | Rs2.94 Billion ≈ $31.81 Million |
+1.92% |
| 2013-03-31 | Rs2.89 Billion ≈ $31.21 Million |
+9.21% |
| 2012-03-31 | Rs2.64 Billion ≈ $28.57 Million |
+18.41% |
| 2011-03-31 | Rs2.23 Billion ≈ $24.13 Million |
+10.28% |
| 2010-03-31 | Rs2.02 Billion ≈ $21.88 Million |
+4.09% |
| 2009-03-31 | Rs1.94 Billion ≈ $21.02 Million |
+5.94% |
| 2008-03-31 | Rs1.84 Billion ≈ $19.85 Million |
+12.06% |
| 2007-03-31 | Rs1.64 Billion ≈ $17.71 Million |
+8.36% |
| 2006-03-31 | Rs1.51 Billion ≈ $16.34 Million |
+3.95% |
| 2005-03-31 | Rs1.45 Billion ≈ $15.72 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Honda India Power Products 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 728560000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs7.29 Billion | 84.37% |
| Common Stock | Rs101.40 Million | 1.17% |
| Other Comprehensive Income | Rs1.21 Billion | 14.00% |
| Other Components | Rs39.60 Million | 0.46% |
| Total Equity | Rs8.64 Billion | 100.00% |
Honda India Power Products Limited Competitors by Market Cap
The table below lists competitors of Honda India Power Products Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EPACK Durable Limited
NSE:EPACK
|
$243.17 Million |
|
BROOGE ENERGY DL-0001
F:3SF
|
$243.29 Million |
|
HengFeng Information Technology Co Ltd
SHE:300605
|
$243.35 Million |
|
Blue Bird Tbk PT
JK:BIRD
|
$243.38 Million |
|
Aviat Networks Inc
NASDAQ:AVNW
|
$243.13 Million |
|
Soluna Holdings Inc
NASDAQ:SLNH
|
$243.12 Million |
|
Foghorn Therapeutics Inc
NASDAQ:FHTX
|
$243.11 Million |
|
Bank Of Princeton
NASDAQ:BPRN
|
$243.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Honda India Power Products Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,121,100,000 to 8,635,300,000, a change of 514,200,000 (6.3%).
- Net income of 799,400,000 contributed positively to equity growth.
- Dividend payments of 277,800,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs799.40 Million | +9.26% |
| Dividends Paid | Rs277.80 Million | -3.22% |
| Other Changes | Rs-7.40 Million | -0.09% |
| Total Change | Rs- | 6.33% |
Book Value vs Market Value Analysis
This analysis compares Honda India Power Products 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: 2.60x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 15.46x to 2.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | Rs143.33 | Rs2216.60 | x |
| 2006-03-31 | Rs149.00 | Rs2216.60 | x |
| 2007-03-31 | Rs161.45 | Rs2216.60 | x |
| 2008-03-31 | Rs180.92 | Rs2216.60 | x |
| 2009-03-31 | Rs191.67 | Rs2216.60 | x |
| 2010-03-31 | Rs199.50 | Rs2216.60 | x |
| 2011-03-31 | Rs220.00 | Rs2216.60 | x |
| 2012-03-31 | Rs260.49 | Rs2216.60 | x |
| 2013-03-31 | Rs276.12 | Rs2216.60 | x |
| 2014-03-31 | Rs289.96 | Rs2216.60 | x |
| 2015-03-31 | Rs320.48 | Rs2216.60 | x |
| 2016-03-31 | Rs367.43 | Rs2216.60 | x |
| 2017-03-31 | Rs416.55 | Rs2216.60 | x |
| 2018-03-31 | Rs467.76 | Rs2216.60 | x |
| 2019-03-31 | Rs509.81 | Rs2216.60 | x |
| 2020-03-31 | Rs561.58 | Rs2216.60 | x |
| 2021-03-31 | Rs596.97 | Rs2216.60 | x |
| 2022-03-31 | Rs660.43 | Rs2216.60 | x |
| 2023-03-31 | Rs726.35 | Rs2216.60 | x |
| 2024-03-31 | Rs800.65 | Rs2216.60 | x |
| 2025-03-31 | Rs851.36 | Rs2216.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Honda India Power Products 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): 9.26%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.07%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 1.21x
- Recent ROE (9.26%) is below the historical average (10.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 5.49% | 4.21% | 0.72x | 1.81x | Rs-65.60 Million |
| 2006 | 6.86% | 5.29% | 1.01x | 1.28x | Rs-47.40 Million |
| 2007 | 10.61% | 7.61% | 1.09x | 1.28x | Rs10.03 Million |
| 2008 | 13.48% | 9.85% | 1.09x | 1.25x | Rs63.82 Million |
| 2009 | 8.05% | 6.76% | 1.00x | 1.19x | Rs-37.97 Million |
| 2010 | 6.27% | 4.15% | 1.21x | 1.25x | Rs-75.45 Million |
| 2011 | 13.29% | 7.28% | 1.39x | 1.32x | Rs73.49 Million |
| 2012 | 19.56% | 10.27% | 1.40x | 1.36x | Rs252.60 Million |
| 2013 | 7.36% | 4.00% | 1.42x | 1.30x | Rs-74.03 Million |
| 2014 | 6.39% | 3.47% | 1.40x | 1.31x | Rs-106.28 Million |
| 2015 | 11.88% | 6.12% | 1.46x | 1.33x | Rs61.17 Million |
| 2016 | 13.10% | 7.26% | 1.41x | 1.28x | Rs115.61 Million |
| 2017 | 13.68% | 8.25% | 1.31x | 1.26x | Rs155.29 Million |
| 2018 | 12.94% | 8.09% | 1.27x | 1.26x | Rs139.65 Million |
| 2019 | 10.47% | 6.71% | 1.23x | 1.27x | Rs24.40 Million |
| 2020 | 11.68% | 7.84% | 1.19x | 1.26x | Rs95.59 Million |
| 2021 | 8.04% | 5.26% | 1.17x | 1.31x | Rs-118.81 Million |
| 2022 | 11.13% | 6.55% | 1.32x | 1.29x | Rs75.42 Million |
| 2023 | 11.55% | 6.93% | 1.32x | 1.26x | Rs114.16 Million |
| 2024 | 11.35% | 9.32% | 1.00x | 1.22x | Rs109.99 Million |
| 2025 | 9.26% | 10.07% | 0.76x | 1.21x | Rs-64.13 Million |
Industry Comparison
This section compares Honda India Power Products Limited's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $8,885,935,519
- Average return on equity (ROE) among peers: 0.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Honda India Power Products Limited (HONDAPOWER) | Rs7.61 Billion | 5.49% | 0.25x | $243.15 Million |
| Aaron Industries Limited (AARON) | $93.73 Million | 11.30% | 0.87x | $28.02 Million |
| Ador Welding Limited (ADORWELD) | $2.35 Billion | 7.84% | 0.61x | $184.52 Million |
| The Anup Engineering Limited (ANUP) | $3.23 Billion | 13.31% | 0.31x | $480.66 Million |
| ATAM VALVES ORD (BSE) (ATAM) | $364.70 Million | 17.27% | 0.48x | $8.92 Million |
| Azad Engineering Limited (AZAD) | $1.20 Billion | 24.55% | 2.37x | $1.44 Billion |
| Bharat Heavy Electricals Limited (BHEL) | $52.96 Billion | 12.43% | 1.30x | $15.29 Billion |
| Cummins India Limited (CUMMINSIND) | $20.43 Billion | 28.94% | 0.52x | $17.56 Billion |
| Diamond Power Infrastructure Limited (DIACABS) | $6.55 Billion | -122.90% | 2.75x | $1.15 Billion |
| Diffusion Engineers Ltd (DIFFNKG) | $1.42 Billion | 15.59% | 0.62x | $149.46 Million |
| Ducon Infratechnologies Limited (DUCON) | $259.30 Million | 0.36% | 0.44x | $12.51 Million |
About Honda India Power Products Limited
Honda India Power Products Limited engages in the manufacture, marketing, and sale of portable generators, water pumps, general purpose engines, lawn mowers, brush cutters, hand tools, portable gensets, tillers, and marine engines in India and internationally. It also markets fishery products comprising long tail outboard motors. In addition, it provides agriculture products, including reapers, H… Read more