HPL Electric & Power Limited
HPL Electric & Power Limited manufactures and sells electric equipment under the HPL brand in India. It offers digital panel and energy, multi-function, load managers, demand controllers, power quality, projection, dual source energy, HTCT, and keypad based prepaid energy meters; power factor control and regulators; meter cover boxes; and data acquisition and billing solutions. The company also p… Read more
HPL Electric & Power Limited (HPL) - Net Assets
Latest net assets as of September 2025: ₹9.58 Billion INR
Based on the latest financial reports, HPL Electric & Power Limited (HPL) has net assets worth ₹9.58 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹22.64 Billion) and total liabilities (₹13.06 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 | ₹9.58 Billion |
| % of Total Assets | 42.31% |
| Annual Growth Rate | 10.83% |
| 5-Year Change | 20.69% |
| 10-Year Change | 158.92% |
| Growth Volatility | 28.35 |
HPL Electric & Power Limited - Net Assets Trend (2012–2025)
This chart illustrates how HPL Electric & Power 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 HPL Electric & Power Limited (2012–2025)
The table below shows the annual net assets of HPL Electric & Power Limited from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹9.17 Billion | +10.49% |
| 2024-03-31 | ₹8.30 Billion | +4.37% |
| 2023-03-31 | ₹7.95 Billion | +3.80% |
| 2022-03-31 | ₹7.66 Billion | +0.82% |
| 2021-03-31 | ₹7.60 Billion | +1.29% |
| 2020-03-31 | ₹7.50 Billion | +2.79% |
| 2019-03-31 | ₹7.30 Billion | +3.51% |
| 2018-03-31 | ₹7.05 Billion | -5.06% |
| 2017-03-31 | ₹7.43 Billion | +109.68% |
| 2016-03-31 | ₹3.54 Billion | +11.33% |
| 2015-03-31 | ₹3.18 Billion | +2.67% |
| 2014-03-31 | ₹3.10 Billion | +9.99% |
| 2013-03-31 | ₹2.82 Billion | +16.93% |
| 2012-03-31 | ₹2.41 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to HPL Electric & Power 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 241.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹4.66 Billion | 50.95% |
| Common Stock | ₹643.00 Million | 7.03% |
| Other Comprehensive Income | ₹185.45 Million | 2.03% |
| Other Components | ₹3.66 Billion | 40.00% |
| Total Equity | ₹9.15 Billion | 100.00% |
HPL Electric & Power Limited Competitors by Market Cap
The table below lists competitors of HPL Electric & Power Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JUTAL OFF.OIL SRVCS HD-01
F:I8O
|
$60.21 Million |
|
Aero Win Technology Corp
TW:8222
|
$60.22 Million |
|
United Health Products Inc
PINK:UEEC
|
$60.27 Million |
|
Ilika plc
OTCQX:ILIKF
|
$60.29 Million |
|
Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S.
IS:FORTE
|
$60.21 Million |
|
North European Oil Royalty Trust
NYSE:NRT
|
$60.20 Million |
|
Hsin Yung Chien Co Ltd
TW:2114
|
$60.18 Million |
|
BIOCELTIX S.A. ZY -10
F:XI3
|
$60.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HPL Electric & Power Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,282,339,000 to 9,151,345,000, a change of 869,006,000 (10.5%).
- Net income of 937,693,000 contributed positively to equity growth.
- Dividend payments of 64,300,000 reduced retained earnings.
- Other comprehensive income increased equity by 378,831,000.
- Other factors decreased equity by 383,218,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹937.69 Million | +10.25% |
| Dividends Paid | ₹64.30 Million | -0.7% |
| Other Comprehensive Income | ₹378.83 Million | +4.14% |
| Other Changes | ₹-383.22 Million | -4.19% |
| Total Change | ₹- | 10.49% |
Book Value vs Market Value Analysis
This analysis compares HPL Electric & Power 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: 2.08x
- 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 5.52x to 2.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-03-31 | ₹53.61 | ₹296.20 | x |
| 2013-03-31 | ₹61.04 | ₹296.20 | x |
| 2014-03-31 | ₹66.75 | ₹296.20 | x |
| 2015-03-31 | ₹68.53 | ₹296.20 | x |
| 2016-03-31 | ₹76.30 | ₹296.20 | x |
| 2017-03-31 | ₹131.90 | ₹296.20 | x |
| 2018-03-31 | ₹109.47 | ₹296.20 | x |
| 2019-03-31 | ₹113.29 | ₹296.20 | x |
| 2020-03-31 | ₹116.44 | ₹296.20 | x |
| 2021-03-31 | ₹117.93 | ₹296.20 | x |
| 2022-03-31 | ₹118.89 | ₹296.20 | x |
| 2023-03-31 | ₹123.41 | ₹296.20 | x |
| 2024-03-31 | ₹128.81 | ₹296.20 | x |
| 2025-03-31 | ₹142.29 | ₹296.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HPL Electric & Power 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): 10.25%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.50%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 2.29x
- Recent ROE (10.25%) is above the historical average (6.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 11.78% | 3.94% | 0.94x | 3.19x | ₹42.88 Million |
| 2013 | 11.15% | 3.45% | 1.00x | 3.22x | ₹32.40 Million |
| 2014 | 9.15% | 2.81% | 1.03x | 3.18x | ₹-26.22 Million |
| 2015 | 10.86% | 3.30% | 0.91x | 3.60x | ₹27.23 Million |
| 2016 | 10.34% | 3.28% | 0.83x | 3.78x | ₹11.91 Million |
| 2017 | 3.90% | 2.89% | 0.68x | 1.98x | ₹-445.52 Million |
| 2018 | 3.90% | 2.65% | 0.68x | 2.16x | ₹-429.62 Million |
| 2019 | 4.47% | 2.81% | 0.76x | 2.09x | ₹-403.19 Million |
| 2020 | 2.91% | 2.23% | 0.62x | 2.10x | ₹-530.97 Million |
| 2021 | 1.31% | 1.14% | 0.55x | 2.10x | ₹-658.65 Million |
| 2022 | 1.02% | 0.77% | 0.62x | 2.14x | ₹-686.76 Million |
| 2023 | 3.80% | 2.39% | 0.74x | 2.14x | ₹-491.74 Million |
| 2024 | 5.26% | 2.98% | 0.78x | 2.26x | ₹-392.59 Million |
| 2025 | 10.25% | 5.50% | 0.81x | 2.29x | ₹22.56 Million |
Industry Comparison
This section compares HPL Electric & Power Limited's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $8,990,537,538
- Average return on equity (ROE) among peers: 13.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HPL Electric & Power Limited (HPL) | ₹9.58 Billion | 11.78% | 1.36x | $60.21 Million |
| Aartech Solonics Limited (AARTECH) | $246.68 Million | -0.79% | 0.21x | $4.95K |
| Apar Industries Limited (APARINDS) | $6.28 Billion | 17.42% | 4.19x | $1.87 Billion |
| Amara Raja Batteries Limited (ARE&M) | $67.99 Billion | 13.74% | 0.32x | $937.45 Million |
| Bharat Bijlee Limited (BBL) | $6.51 Billion | 2.21% | 0.60x | $223.06 Million |
| CG Power and Industrial Solutions Limited (CGPOWER) | $-842.90 Million | 0.00% | 0.00x | $5.59 Billion |
| CMI Limited (CMICABLES) | $1.75 Billion | 60.44% | 0.92x | $725.46K |
| Cords Cable Industries Limited (CORDSCABLE) | $865.72 Million | 4.84% | 1.48x | $10.41 Million |
| De Nora India Limited (DENORA) | $392.64 Million | 10.83% | 0.24x | $18.90 Million |
| Dynamic Cables Limited (DYCL) | $1.77 Billion | 17.48% | 1.27x | $47.33 Million |
| Elin Electronics Limited (ELIN) | $4.93 Billion | 5.44% | 0.49x | $33.98 Million |