Housing & Urban Development Corporation Limited (HUDCO) - Net Assets
Based on the latest financial reports, Housing & Urban Development Corporation Limited (HUDCO) has net assets worth Rs180.35 Billion INR (≈ $1.95 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs1.49 Trillion ≈ $16.14 Billion USD) and total liabilities (Rs1.31 Trillion ≈ $14.19 Billion 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 Housing & Urban Development Corporation (HUDCO) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs180.35 Billion |
| % of Total Assets | 12.08% |
| Annual Growth Rate | 8.75% |
| 5-Year Change | 36.23% |
| 10-Year Change | 112.96% |
| Growth Volatility | 1.57 |
Housing & Urban Development Corporation Limited - Net Assets Trend (2010–2025)
This chart illustrates how Housing & Urban Development Corporation Limited's net assets have evolved over time, based on quarterly financial data. Also explore Housing & Urban Development Corporation balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Housing & Urban Development Corporation Limited (2010–2025)
The table below shows the annual net assets of Housing & Urban Development Corporation Limited from 2010 to 2025. For live valuation and market cap data, see HUDCO market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs179.68 Billion ≈ $1.94 Billion |
+8.16% |
| 2024-03-31 | Rs166.13 Billion ≈ $1.80 Billion |
+7.57% |
| 2023-03-31 | Rs154.44 Billion ≈ $1.67 Billion |
+6.75% |
| 2022-03-31 | Rs144.67 Billion ≈ $1.56 Billion |
+9.69% |
| 2021-03-31 | Rs131.89 Billion ≈ $1.43 Billion |
+6.86% |
| 2020-03-31 | Rs123.43 Billion ≈ $1.33 Billion |
+12.67% |
| 2019-03-31 | Rs109.55 Billion ≈ $1.18 Billion |
+11.51% |
| 2018-03-31 | Rs98.24 Billion ≈ $1.06 Billion |
+7.15% |
| 2017-03-31 | Rs91.68 Billion ≈ $991.52 Million |
+8.66% |
| 2016-03-31 | Rs84.37 Billion ≈ $912.46 Million |
+8.44% |
| 2015-03-31 | Rs77.80 Billion ≈ $841.43 Million |
+9.09% |
| 2014-03-31 | Rs71.32 Billion ≈ $771.29 Million |
+9.47% |
| 2013-03-31 | Rs65.15 Billion ≈ $704.57 Million |
+8.75% |
| 2012-03-31 | Rs59.91 Billion ≈ $647.88 Million |
+8.35% |
| 2011-03-31 | Rs55.29 Billion ≈ $597.96 Million |
+8.32% |
| 2010-03-31 | Rs51.05 Billion ≈ $552.06 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Housing & Urban Development Corporation 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 461.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs7.30 Billion | 4.06% |
| Common Stock | Rs20.02 Billion | 11.14% |
| Other Comprehensive Income | Rs152.35 Billion | 84.79% |
| Other Components | Rs12.60 Million | 0.01% |
| Total Equity | Rs179.68 Billion | 100.00% |
Housing & Urban Development Corporation Limited Competitors by Market Cap
The table below lists competitors of Housing & Urban Development Corporation Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VSE Corporation
NASDAQ:VSEC
|
$4.78 Billion |
|
Goldenmax International Technology Ltd
SHE:002636
|
$4.78 Billion |
|
HUB24 Ltd
AU:HUB
|
$4.79 Billion |
|
Valmet Oyj
HE:VALMT
|
$4.79 Billion |
|
Beijing Jingneng Power Co Ltd
SHG:600578
|
$4.78 Billion |
|
CompoSecure, Inc.
NYSE:CMPO
|
$4.78 Billion |
|
Chenzhou Jingui Silver Industry Co Ltd
SHE:002716
|
$4.78 Billion |
|
Angel Yeast Co Ltd
SHG:600298
|
$4.78 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Housing & Urban Development Corporation Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 166,125,600,000 to 179,680,500,000, a change of 13,554,900,000 (8.2%).
- Net income of 27,091,400,000 contributed positively to equity growth.
- Dividend payments of 11,510,900,000 reduced retained earnings.
- Other comprehensive income increased equity by 120,257,600,000.
- Other factors decreased equity by 122,283,200,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs27.09 Billion | +15.08% |
| Dividends Paid | Rs11.51 Billion | -6.41% |
| Other Comprehensive Income | Rs120.26 Billion | +66.93% |
| Other Changes | Rs-122.28 Billion | -68.06% |
| Total Change | Rs- | 8.16% |
Book Value vs Market Value Analysis
This analysis compares Housing & Urban Development Corporation 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: 2.46x
- 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 8.67x to 2.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-03-31 | Rs25.46 | Rs220.87 | x |
| 2011-03-31 | Rs27.58 | Rs220.87 | x |
| 2012-03-31 | Rs29.93 | Rs220.87 | x |
| 2013-03-31 | Rs32.54 | Rs220.87 | x |
| 2014-03-31 | Rs35.63 | Rs220.87 | x |
| 2015-03-31 | Rs38.87 | Rs220.87 | x |
| 2016-03-31 | Rs42.14 | Rs220.87 | x |
| 2017-03-31 | Rs45.79 | Rs220.87 | x |
| 2018-03-31 | Rs49.07 | Rs220.87 | x |
| 2019-03-31 | Rs54.72 | Rs220.87 | x |
| 2020-03-31 | Rs61.65 | Rs220.87 | x |
| 2021-03-31 | Rs65.88 | Rs220.87 | x |
| 2022-03-31 | Rs72.27 | Rs220.87 | x |
| 2023-03-31 | Rs77.14 | Rs220.87 | x |
| 2024-03-31 | Rs82.98 | Rs220.87 | x |
| 2025-03-31 | Rs89.74 | Rs220.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Housing & Urban Development Corporation 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): 15.08%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.19%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 7.15x
- Recent ROE (15.08%) is above the historical average (10.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 9.72% | 19.59% | 0.11x | 4.44x | Rs-143.99 Million |
| 2011 | 9.96% | 24.14% | 0.10x | 4.23x | Rs-20.62 Million |
| 2012 | 10.38% | 22.00% | 0.10x | 4.59x | Rs224.96 Million |
| 2013 | 10.74% | 23.74% | 0.11x | 4.14x | Rs481.96 Million |
| 2014 | 10.29% | 24.32% | 0.10x | 4.24x | Rs207.76 Million |
| 2015 | 9.87% | 21.80% | 0.11x | 4.26x | Rs-97.27 Million |
| 2016 | 9.28% | 23.00% | 0.09x | 4.25x | Rs-608.60 Million |
| 2017 | 9.19% | 52.61% | 0.04x | 4.29x | Rs-745.18 Million |
| 2018 | 8.14% | 41.70% | 0.04x | 4.98x | Rs-1.82 Billion |
| 2019 | 10.77% | 21.20% | 0.08x | 6.65x | Rs843.74 Million |
| 2020 | 13.84% | 22.64% | 0.10x | 6.17x | Rs4.74 Billion |
| 2021 | 11.97% | 21.70% | 0.09x | 5.83x | Rs2.60 Billion |
| 2022 | 11.86% | 24.54% | 0.09x | 5.45x | Rs2.70 Billion |
| 2023 | 11.02% | 24.03% | 0.09x | 5.24x | Rs1.57 Billion |
| 2024 | 12.74% | 26.67% | 0.08x | 5.62x | Rs4.55 Billion |
| 2025 | 15.08% | 26.19% | 0.08x | 7.15x | Rs9.12 Billion |
Industry Comparison
This section compares Housing & Urban Development Corporation Limited's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $36,896,520,071
- Average return on equity (ROE) among peers: 9.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Housing & Urban Development Corporation Limited (HUDCO) | Rs180.35 Billion | 9.72% | 7.28x | $4.78 Billion |
| Akme Fintrade India Ltd (AFIL) | $1.30 Billion | 0.00% | 2.50x | $41.31 Million |
| Arman Financial Services Limited (ARMANFIN) | $392.47 Million | 15.69% | 2.49x | $169.77 Million |
| Baid Finserv Limited (BAIDFIN) | $108.03 Million | 5.96% | 2.17x | $19.08 Million |
| Bajaj Finance Limited (BAJFINANCE) | $48.00 Billion | 18.71% | 5.84x | $62.99 Billion |
| Capri Global Capital Limited (CGCL) | $13.83 Billion | 9.81% | 2.09x | $1.94 Billion |
| Cholamandalam Investment and Finance Company Limited (CHOLAFIN) | $195.93 Billion | 17.46% | 7.00x | $14.26 Billion |
| Cholamandalam Financial Holdings Limited (CHOLAHLDNG) | $39.31 Billion | 10.79% | 6.73x | $3.16 Billion |
| CREDITACCESS GRAMEEN LIMITED (CREDITACC) | $69.56 Billion | 7.64% | 3.00x | $2.25 Billion |
| CSL Finance Limited (CSLFINANCE) | $983.69 Million | 13.27% | 0.12x | $55.14 Million |
| DCM Financial Services Limited (DCMFINSERV) | $-453.82 Million | 0.00% | 0.00x | $1.13 Million |
About Housing & Urban Development Corporation Limited
Housing and Urban Development Corporation Limited provides loans and financing for housing and urban development projects in India. The company offers term loans for state government agencies and their parastatals, such as development authorities, housing boards, urban local bodies, water supply, sewerage boards, and roads and bridges development corporations, as well as implementing agencies com… Read more