Narmada Agrobase Limited (NARMADA) - Net Assets
Based on the latest financial reports, Narmada Agrobase Limited (NARMADA) has net assets worth Rs593.37 Million INR (≈ $6.42 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 (Rs722.53 Million ≈ $7.81 Million USD) and total liabilities (Rs129.16 Million ≈ $1.40 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. See net asset quality index of Narmada Agrobase Limited to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs593.37 Million |
| % of Total Assets | 82.12% |
| Annual Growth Rate | 38.18% |
| 5-Year Change | 283.08% |
| 10-Year Change | 2338.54% |
| Growth Volatility | 72.23 |
Narmada Agrobase Limited - Net Assets Trend (2014–2026)
This chart illustrates how Narmada Agrobase Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see NARMADA stock market capitalisation.
Annual Net Assets for Narmada Agrobase Limited (2014–2026)
The table below shows the annual net assets of Narmada Agrobase Limited from 2014 to 2026. Also explore Narmada Agrobase Limited annual equity growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs593.37 Million ≈ $6.42 Million |
+6.21% |
| 2025-03-31 | Rs558.66 Million ≈ $6.04 Million |
+230.54% |
| 2024-03-31 | Rs169.01 Million ≈ $1.83 Million |
+6.42% |
| 2023-03-31 | Rs158.82 Million ≈ $1.72 Million |
+2.53% |
| 2022-03-31 | Rs154.89 Million ≈ $1.68 Million |
+3.68% |
| 2021-03-31 | Rs149.39 Million ≈ $1.62 Million |
+4.79% |
| 2020-03-31 | Rs142.56 Million ≈ $1.54 Million |
+5.07% |
| 2019-03-31 | Rs135.68 Million ≈ $1.47 Million |
+142.13% |
| 2018-03-31 | Rs56.04 Million ≈ $606.01K |
+130.29% |
| 2017-03-31 | Rs24.33 Million ≈ $263.15K |
+14.22% |
| 2016-03-31 | Rs21.30 Million ≈ $230.39K |
+56.20% |
| 2015-03-31 | Rs13.64 Million ≈ $147.50K |
+11.33% |
| 2014-03-31 | Rs12.25 Million ≈ $132.49K |
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Equity Component Analysis
This analysis shows how different components contribute to Narmada Agrobase 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 10911600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs109.12 Million | 18.39% |
| Common Stock | Rs379.36 Million | 63.93% |
| Other Components | Rs104.89 Million | 17.68% |
| Total Equity | Rs593.37 Million | 100.00% |
Narmada Agrobase Limited Competitors by Market Cap
The table below lists competitors of Narmada Agrobase Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Scandinavian Medical Solutions AS
CO:SMSMED
|
$11.26 Million |
|
Lion Metal Works Tbk
JK:LION
|
$11.28 Million |
|
Origin Agritech Ltd
NASDAQ:SEED
|
$11.28 Million |
|
Melewar Industrial Group Bhd
KLSE:3778
|
$11.28 Million |
|
Primeserv Group Ltd
JSE:PMV
|
$11.26 Million |
|
Genetic Signatures Ltd
AU:GSS
|
$11.25 Million |
|
Dycasa SA
BA:DYCA
|
$11.25 Million |
|
Indonesian Tobacco Tbk PT
JK:ITIC
|
$11.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Narmada Agrobase Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 558,661,000 to 593,370,000, a change of 34,709,000 (6.2%).
- Net income of 38,573,000 contributed positively to equity growth.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs38.57 Million | +6.5% |
| Other Changes | Rs-3.86 Million | -0.65% |
| Total Change | Rs- | 6.21% |
Book Value vs Market Value Analysis
This analysis compares Narmada Agrobase 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: 1.75x
- 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 30.24x to 1.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-03-31 | Rs0.45 | Rs13.72 | x |
| 2015-03-31 | Rs0.51 | Rs13.72 | x |
| 2016-03-31 | Rs0.79 | Rs13.72 | x |
| 2017-03-31 | Rs1.01 | Rs13.72 | x |
| 2018-03-31 | Rs2.29 | Rs13.72 | x |
| 2019-03-31 | Rs4.99 | Rs13.72 | x |
| 2020-03-31 | Rs4.65 | Rs13.72 | x |
| 2021-03-31 | Rs5.51 | Rs13.72 | x |
| 2022-03-31 | Rs5.62 | Rs13.72 | x |
| 2023-03-31 | Rs5.86 | Rs13.72 | x |
| 2024-03-31 | Rs4.73 | Rs13.72 | x |
| 2025-03-31 | Rs7.36 | Rs13.72 | x |
| 2026-03-31 | Rs7.85 | Rs13.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Narmada Agrobase 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): 6.50%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.92%
- • Asset Turnover: 1.08x
- • Equity Multiplier: 1.22x
- Recent ROE (6.50%) is above the historical average (6.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -2.03% | -1.19% | 0.40x | 4.31x | Rs-1.47 Million |
| 2015 | 10.18% | 0.63% | 2.46x | 6.57x | Rs24.10K |
| 2016 | 8.87% | 0.62% | 2.86x | 5.03x | Rs-240.40K |
| 2017 | 12.45% | 0.88% | 2.52x | 5.62x | Rs595.70K |
| 2018 | 7.10% | 1.07% | 2.57x | 2.58x | Rs-1.62 Million |
| 2019 | 3.65% | 1.04% | 2.01x | 1.74x | Rs-8.61 Million |
| 2020 | 5.53% | 1.28% | 2.54x | 1.70x | Rs-6.37 Million |
| 2021 | 4.57% | 1.17% | 2.16x | 1.80x | Rs-8.11 Million |
| 2022 | 3.99% | 1.74% | 1.30x | 1.76x | Rs-9.15 Million |
| 2023 | 4.11% | 1.30% | 1.83x | 1.72x | Rs-9.36 Million |
| 2024 | 6.03% | 2.03% | 1.80x | 1.65x | Rs-6.71 Million |
| 2025 | 7.32% | 6.22% | 0.99x | 1.19x | Rs-14.99 Million |
| 2026 | 6.50% | 4.92% | 1.08x | 1.22x | Rs-20.76 Million |
Industry Comparison
This section compares Narmada Agrobase Limited's net assets metrics with peer companies in the Agricultural Inputs industry.
Industry Context
- Industry: Agricultural Inputs
- Average net assets among peers: $12,650,154,100
- Average return on equity (ROE) among peers: 15.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Narmada Agrobase Limited (NARMADA) | Rs593.37 Million | -2.03% | 0.22x | $11.26 Million |
| Agro Phos India Limited (AGROPHOS) | $416.60 Million | 7.63% | 0.74x | $5.18 Million |
| Astec LifeSciences Limited (ASTEC) | $1.70 Billion | 20.54% | 1.43x | $175.11 Million |
| Bayer Cropscience Limited (BAYERCROP) | $28.50 Billion | 19.93% | 0.84x | $1.84 Billion |
| Best Agrolife Limited (BESTAGRO) | $1.89 Billion | 4.37% | 1.33x | $71.00 Million |
| Bhagiradha Chemicals & Industries Limited (BHAGCHEM) | $439.63 Million | 21.56% | 0.95x | $346.16 Million |
| Bharat Rasayan Limited (BHARATRAS) | $1.13 Billion | 28.06% | 1.96x | $210.09 Million |
| Bohra Industries Limited (BOHRAIND) | $-146.19 Million | 0.00% | 0.00x | $1.42 Million |
| Bombay Super Hybrid Seeds Limited (BSHSL) | $15.23 Million | 16.29% | 1.68x | $99.72 Million |
| Chambal Fertilizers & Chemicals Limited (CHAMBLFERT) | $70.53 Billion | 14.66% | 0.81x | $1.80 Billion |
| Coromandel International Limited (COROMANDEL) | $22.02 Billion | 18.25% | 2.80x | $6.37 Billion |
About Narmada Agrobase Limited
Narmada Agrobase Limited manufactures and sells cotton seeds and cattle feeds in India. The company offers cotton seed meal, bleached cotton linters, gwar korma, maize meal, multi grain meal, maize oil cakes, cotton seed oil cakes, cotton linters, poultry feeds, mesh and pellet cattle feed, compound cattle feed, and delinted cotton seeds. Its products are used for fertilizers and animal feed, as … Read more