Johnson Controls - Hitachi Air Conditioning India Limited (JCHAC) - Net Assets

Latest as of September 2025: Rs4.77 Billion INR ≈ $51.62 Million USD

Based on the latest financial reports, Johnson Controls - Hitachi Air Conditioning India Limited (JCHAC) has net assets worth Rs4.77 Billion INR (≈ $51.62 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 (Rs12.06 Billion ≈ $130.47 Million USD) and total liabilities (Rs7.29 Billion ≈ $78.85 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. Explore how efficiently does Johnson Controls - Hitachi Air Condition generate cash to assess how effectively this company generates cash.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs4.77 Billion
% of Total Assets	39.56%
Annual Growth Rate	25.33%
5-Year Change	-11.2%
10-Year Change	79.07%
Growth Volatility	57.67

Johnson Controls - Hitachi Air Conditioning India Limited - Net Assets Trend (2005–2025)

This chart illustrates how Johnson Controls - Hitachi Air Conditioning India Limited's net assets have evolved over time, based on quarterly financial data. Explore Johnson Controls - Hitachi Air Condition (JCHAC) long-term investment share to see how much of total assets are deployed in long-term investments.

Annual Net Assets for Johnson Controls - Hitachi Air Conditioning India Limited (2005–2025)

The table below shows the annual net assets of Johnson Controls - Hitachi Air Conditioning India Limited from 2005 to 2025. For live valuation and market cap data, see JCHAC stock market capitalisation.

Year	Net Assets	Change
2025-03-31	Rs6.41 Billion ≈ $69.32 Million	+9.95%
2024-03-31	Rs5.83 Billion ≈ $63.05 Million	-11.56%
2023-03-31	Rs6.59 Billion ≈ $71.29 Million	-10.91%
2022-03-31	Rs7.40 Billion ≈ $80.01 Million	+2.50%
2021-03-31	Rs7.22 Billion ≈ $78.07 Million	+4.84%
2020-03-31	Rs6.89 Billion ≈ $74.46 Million	+12.32%
2019-03-31	Rs6.13 Billion ≈ $66.29 Million	+14.53%
2018-03-31	Rs5.35 Billion ≈ $57.88 Million	+21.92%
2017-03-31	Rs4.39 Billion ≈ $47.48 Million	+22.64%
2016-03-31	Rs3.58 Billion ≈ $38.71 Million	+14.40%
2015-03-31	Rs3.13 Billion ≈ $33.84 Million	+30.35%
2014-03-31	Rs2.40 Billion ≈ $25.96 Million	+32.07%
2013-03-31	Rs1.82 Billion ≈ $19.66 Million	+6.15%
2012-03-31	Rs1.71 Billion ≈ $18.52 Million	-0.43%
2011-03-31	Rs1.72 Billion ≈ $18.60 Million	+17.27%
2010-03-31	Rs1.47 Billion ≈ $15.86 Million	+40.31%
2009-03-31	Rs1.05 Billion ≈ $11.30 Million	+69.12%
2008-03-31	Rs617.96 Million ≈ $6.68 Million	0.00%
2007-03-31	Rs617.96 Million ≈ $6.68 Million	+182.67%
2006-03-31	Rs218.61 Million ≈ $2.36 Million	+212.06%
2005-03-31	Rs70.06 Million ≈ $757.62K	--

Equity Component Analysis

This analysis shows how different components contribute to Johnson Controls - Hitachi Air Conditioning India 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 555990300000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs5.01 Billion	78.19%
Common Stock	Rs271.90 Million	4.24%
Other Comprehensive Income	Rs230.50 Million	3.60%
Other Components	Rs895.40 Million	13.97%
Total Equity	Rs6.41 Billion	100.00%

Johnson Controls - Hitachi Air Conditioning India Limited Competitors by Market Cap

The table below lists competitors of Johnson Controls - Hitachi Air Conditioning India Limited ranked by their market capitalization.

Company	Market Cap
DINE S.A.B. de C.V MX:DINEB	$419.50 Million
Einhell Germany AG F:EIN	$419.53 Million
Johnson Outdoors Inc NASDAQ:JOUT	$419.90 Million
THONBURI HEALTHCARE GRO-NVDR BK:THG-R	$420.01 Million
Agencia Comercial Spirits Ltd Class A Ordinary Shares NASDAQ:AGCC	$419.04 Million
African Gold Ltd AU:A1G	$419.02 Million
Key Ware Electronics Co Ltd TWO:5498	$418.96 Million
Nantex Industry Co Ltd TW:2108	$418.87 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Johnson Controls - Hitachi Air Conditioning India Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 5,829,700,000 to 6,409,800,000, a change of 580,100,000 (10.0%).
Net income of 588,300,000 contributed positively to equity growth.
Other comprehensive income increased equity by 229,800,000.
Other factors decreased equity by 238,000,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs588.30 Million	+9.18%
Other Comprehensive Income	Rs229.80 Million	+3.59%
Other Changes	Rs-238.00 Million	-3.71%
Total Change	Rs-	9.95%

Book Value vs Market Value Analysis

This analysis compares Johnson Controls - Hitachi Air Conditioning India 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: 6.06x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 467.46x to 6.06x 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	Rs3.05	Rs1426.30	x
2006-03-31	Rs9.52	Rs1426.30	x
2007-03-31	Rs26.91	Rs1426.30	x
2008-03-31	Rs26.91	Rs1426.30	x
2009-03-31	Rs45.52	Rs1426.30	x
2010-03-31	Rs63.87	Rs1426.30	x
2011-03-31	Rs74.89	Rs1426.30	x
2012-03-31	Rs74.57	Rs1426.30	x
2013-03-31	Rs79.16	Rs1426.30	x
2014-03-31	Rs88.54	Rs1426.30	x
2015-03-31	Rs115.07	Rs1426.30	x
2016-03-31	Rs131.64	Rs1426.30	x
2017-03-31	Rs161.39	Rs1426.30	x
2018-03-31	Rs196.83	Rs1426.30	x
2019-03-31	Rs225.44	Rs1426.30	x
2020-03-31	Rs253.22	Rs1426.30	x
2021-03-31	Rs265.48	Rs1426.30	x
2022-03-31	Rs272.10	Rs1426.30	x
2023-03-31	Rs242.42	Rs1426.30	x
2024-03-31	Rs214.40	Rs1426.30	x
2025-03-31	Rs235.34	Rs1426.30	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Johnson Controls - Hitachi Air Conditioning India 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): 9.18%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.13%
• Asset Turnover: 1.53x
• Equity Multiplier: 2.81x
Recent ROE (9.18%) is below the historical average (20.18%), 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	81.28%	2.40%	1.53x	22.18x	Rs49.94 Million
2006	67.95%	5.72%	1.49x	7.97x	Rs126.69 Million
2007	31.27%	5.95%	1.52x	3.47x	Rs131.47 Million
2008	68.37%	9.46%	2.01x	3.60x	Rs360.69 Million
2009	20.16%	4.48%	1.39x	3.23x	Rs106.23 Million
2010	31.47%	7.20%	1.42x	3.07x	Rs314.77 Million
2011	17.05%	3.84%	1.23x	3.62x	Rs121.30 Million
2012	1.91%	0.41%	1.34x	3.48x	Rs-138.60 Million
2013	8.42%	1.65%	1.12x	4.57x	Rs-28.71 Million
2014	3.35%	0.73%	1.45x	3.17x	Rs-159.53 Million
2015	24.85%	4.94%	1.46x	3.45x	Rs464.75 Million
2016	13.96%	3.01%	1.50x	3.10x	Rs141.82 Million
2017	18.46%	4.11%	1.79x	2.51x	Rs371.45 Million
2018	18.71%	4.58%	1.74x	2.35x	Rs466.30 Million
2019	14.02%	3.83%	1.43x	2.56x	Rs246.41 Million
2020	12.13%	3.83%	1.38x	2.30x	Rs146.78 Million
2021	4.59%	2.01%	1.00x	2.28x	Rs-390.85 Million
2022	2.18%	0.75%	1.20x	2.42x	Rs-578.67 Million
2023	-12.46%	-3.44%	1.33x	2.71x	Rs-1.48 Billion
2024	-12.99%	-3.95%	1.16x	2.84x	Rs-1.34 Billion
2025	9.18%	2.13%	1.53x	2.81x	Rs-52.68 Million

Industry Comparison

This section compares Johnson Controls - Hitachi Air Conditioning India Limited's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.

Industry Context

Industry: Furnishings, Fixtures & Appliances
Average net assets among peers: $6,326,837,137
Average return on equity (ROE) among peers: 11.68%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Johnson Controls - Hitachi Air Conditioning India Limited (JCHAC)	Rs4.77 Billion	81.28%	1.53x	$419.42 Million
Archidply Decor Limited (ADL)	$498.98 Million	0.49%	0.42x	$4.52 Million
Airo Lam limited (AIROLAM)	$640.13 Million	11.55%	1.53x	$13.71 Million
Amber Enterprises India Limited (AMBER)	$17.73 Billion	6.16%	1.77x	$2.86 Billion
AVRO INDIA LIMITED (AVROIND)	$25.04 Million	1.95%	0.92x	$1.57 Million
Bajaj Electricals Limited (BAJAJELEC)	$4.95 Billion	7.61%	3.48x	$416.74 Million
Borosil Limited (BOROLTD)	$6.61 Billion	5.41%	0.28x	$288.17 Million
Butterfly Gandhimathi Appliances Limited (BUTTERFLY)	$272.82 Million	0.00%	3.43x	$129.66 Million
CARYSIL LIMITED (CARYSIL)	$3.07 Billion	17.07%	1.32x	$336.99 Million
Cello World Limited (CELLO)	$24.08 Billion	14.07%	0.10x	$940.70 Million
Crompton Greaves Consumer Electricals Limited (CROMPTON)	$5.39 Billion	52.52%	2.92x	$2.01 Billion

About Johnson Controls - Hitachi Air Conditioning India Limited

NSE:JCHAC India Furnishings, Fixtures & Appliances

Market Cap

$419.42 Million

Rs38.78 Billion INR

Market Cap Rank

#13419 Global

#641 in India

Share Price

Rs1426.30

Change (1 day)

-0.41%

52-Week Range

Rs1395.20 - Rs1814.80

All Time High

Rs3219.25