Narmada Agrobase Limited (NARMADA) - Net Assets
Based on the latest financial reports, Narmada Agrobase Limited (NARMADA) has net assets worth Rs579.12 Million INR (≈ $6.26 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 (Rs707.22 Million ≈ $7.65 Million USD) and total liabilities (Rs128.11 Million ≈ $1.39 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 financial resilience of Narmada Agrobase Limited to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs579.12 Million |
| % of Total Assets | 81.89% |
| Annual Growth Rate | 41.52% |
| 5-Year Change | 273.96% |
| 10-Year Change | 2522.33% |
| Growth Volatility | 74.1 |
Narmada Agrobase Limited - Net Assets Trend (2014–2025)
This chart illustrates how Narmada Agrobase Limited's net assets have evolved over time, based on quarterly financial data. Also explore Narmada Agrobase Limited asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Narmada Agrobase Limited (2014–2025)
The table below shows the annual net assets of Narmada Agrobase Limited from 2014 to 2025. For live valuation and market cap data, see Narmada Agrobase Limited stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 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 7440700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs74.41 Million | 13.32% |
| Common Stock | Rs379.36 Million | 67.91% |
| Other Components | Rs104.89 Million | 18.78% |
| Total Equity | Rs558.66 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 |
|---|---|
|
Evion Group NL
AU:EVG
|
$13.90 Million |
|
Clean & Science co. Ltd
KQ:045520
|
$13.91 Million |
|
Toleranzia AB
ST:TOL
|
$13.91 Million |
|
Pivotal Metals Ltd
AU:PVT
|
$13.91 Million |
|
SSH Group Ltd
AU:SSH
|
$13.88 Million |
|
Schulte-Schlagbaum AG
DU:SSS
|
$13.88 Million |
|
Soditech SA
PA:SEC
|
$13.88 Million |
|
Oxford Nanopore Technologies Ltd
LSE:ONT
|
$13.88 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 2024 to 2025, total equity changed from 169,015,000 to 558,661,000, a change of 389,646,000 (230.5%).
- Net income of 40,879,000 contributed positively to equity growth.
- New share issuances of 348,767,000 increased equity.
- Other comprehensive income decreased equity by 33,528,000.
- Other factors increased equity by 33,528,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs40.88 Million | +7.32% |
| Share Issuances | Rs348.77 Million | +62.43% |
| Other Comprehensive Income | Rs-33.53 Million | -6.0% |
| Other Changes | Rs33.53 Million | +6.0% |
| Total Change | Rs- | 230.54% |
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: 2.30x
- 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 37.33x to 2.30x 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 | Rs0.91 | Rs33.87 | x |
| 2015-03-31 | Rs1.01 | Rs33.87 | x |
| 2016-03-31 | Rs1.58 | Rs33.87 | x |
| 2017-03-31 | Rs2.02 | Rs33.87 | x |
| 2018-03-31 | Rs4.57 | Rs33.87 | x |
| 2019-03-31 | Rs9.98 | Rs33.87 | x |
| 2020-03-31 | Rs9.30 | Rs33.87 | x |
| 2021-03-31 | Rs11.03 | Rs33.87 | x |
| 2022-03-31 | Rs11.24 | Rs33.87 | x |
| 2023-03-31 | Rs11.72 | Rs33.87 | x |
| 2024-03-31 | Rs9.45 | Rs33.87 | x |
| 2025-03-31 | Rs14.73 | Rs33.87 | 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): 7.32%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.22%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 1.19x
- Recent ROE (7.32%) is above the historical average (5.98%), 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 |
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: $13,370,134,277
- Average return on equity (ROE) among peers: 16.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Narmada Agrobase Limited (NARMADA) | Rs579.12 Million | -2.03% | 0.22x | $13.90 Million |
| Agro Phos India Limited (AGROPHOS) | $469.69 Million | 12.41% | 0.80x | $6.93 Million |
| Astec LifeSciences Limited (ASTEC) | $2.03 Billion | 17.62% | 1.27x | $167.40 Million |
| Bayer Cropscience Limited (BAYERCROP) | $25.24 Billion | 25.56% | 0.72x | $2.32 Billion |
| Best Agrolife Limited (BESTAGRO) | $577.23 Million | 0.02% | 0.90x | $68.89 Million |
| Bhagiradha Chemicals & Industries Limited (BHAGCHEM) | $465.11 Million | 4.24% | 1.68x | $371.49 Million |
| Bharat Rasayan Limited (BHARATRAS) | $7.27 Billion | 22.53% | 0.25x | $248.90 Million |
| Bohra Industries Limited (BOHRAIND) | $340.42 Million | 12.70% | 2.21x | $2.15 Million |
| Bombay Super Hybrid Seeds Limited (BSHSL) | $563.36 Million | 29.79% | 1.36x | $111.73 Million |
| Chambal Fertilizers & Chemicals Limited (CHAMBLFERT) | $72.58 Billion | 17.58% | 0.59x | $1.90 Billion |
| Coromandel International Limited (COROMANDEL) | $24.16 Billion | 26.44% | 2.30x | $6.32 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, cattle feed, and delinted cotton seeds. Its products are used for fertilizers and animal feed, as well as various industries, including … Read more