Norben Tea & Exports Limited (NORBTEAEXP) - Net Assets
Based on the latest financial reports, Norben Tea & Exports Limited (NORBTEAEXP) has net assets worth Rs200.02 Million INR (≈ $2.16 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 (Rs316.30 Million ≈ $3.42 Million USD) and total liabilities (Rs116.28 Million ≈ $1.26 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 tangible net worth ratio of Norben Tea & Exports Limited to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs200.02 Million |
| % of Total Assets | 63.24% |
| Annual Growth Rate | 1.3% |
| 5-Year Change | 9.87% |
| 10-Year Change | 4.21% |
| Growth Volatility | 7.89 |
Norben Tea & Exports Limited - Net Assets Trend (2009–2025)
This chart illustrates how Norben Tea & Exports Limited's net assets have evolved over time, based on quarterly financial data. See NORBTEAEXP defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Norben Tea & Exports Limited (2009–2025)
The table below shows the annual net assets of Norben Tea & Exports Limited from 2009 to 2025. For live valuation and market cap data, see market cap of Norben Tea & Exports Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs163.21 Million ≈ $1.77 Million |
+24.59% |
| 2024-03-31 | Rs130.99 Million ≈ $1.42 Million |
-11.78% |
| 2023-03-31 | Rs148.49 Million ≈ $1.61 Million |
+1.65% |
| 2022-03-31 | Rs146.08 Million ≈ $1.58 Million |
-1.66% |
| 2021-03-31 | Rs148.55 Million ≈ $1.61 Million |
+8.59% |
| 2020-03-31 | Rs136.80 Million ≈ $1.48 Million |
-10.61% |
| 2019-03-31 | Rs153.03 Million ≈ $1.65 Million |
-2.93% |
| 2018-03-31 | Rs157.64 Million ≈ $1.70 Million |
-0.05% |
| 2017-03-31 | Rs157.72 Million ≈ $1.71 Million |
+0.70% |
| 2016-03-31 | Rs156.62 Million ≈ $1.69 Million |
+0.21% |
| 2015-03-31 | Rs156.29 Million ≈ $1.69 Million |
+1.46% |
| 2014-03-31 | Rs154.04 Million ≈ $1.67 Million |
+0.26% |
| 2013-03-31 | Rs153.65 Million ≈ $1.66 Million |
+3.72% |
| 2012-03-31 | Rs148.14 Million ≈ $1.60 Million |
-0.18% |
| 2011-03-31 | Rs148.40 Million ≈ $1.60 Million |
+3.64% |
| 2010-03-31 | Rs143.19 Million ≈ $1.55 Million |
+7.93% |
| 2009-03-31 | Rs132.66 Million ≈ $1.43 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Norben Tea & Exports 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 decreased by 43.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs6.06 Million | 3.71% |
| Common Stock | Rs129.68 Million | 79.46% |
| Other Comprehensive Income | Rs18.94 Million | 11.60% |
| Other Components | Rs8.53 Million | 5.22% |
| Total Equity | Rs163.21 Million | 100.00% |
Norben Tea & Exports Limited Competitors by Market Cap
The table below lists competitors of Norben Tea & Exports Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mcphersons Ltd
AU:MCP
|
$12.22 Million |
|
MODERN COMMERCE SA ZY-10
F:8F4
|
$12.23 Million |
|
Miliboo SA
PA:ALMLB
|
$12.24 Million |
|
Pacific Horizon Investment Trust
LSE:PHI
|
$12.25 Million |
|
e-future.Co.Ltd
KQ:134060
|
$12.21 Million |
|
AIM Commercial Growth Freehold And Leasehold Real Estate Investment Trust
BK:AIMCG
|
$12.21 Million |
|
Nuchev Ltd
AU:NUC
|
$12.21 Million |
|
Femasys Inc
NASDAQ:FEMY
|
$12.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Norben Tea & Exports Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 127,563,584 to 163,210,000, a change of 35,646,416 (27.9%).
- Net loss of 1,767,000 reduced equity.
- Other comprehensive income decreased equity by 8,294,296.
- Other factors increased equity by 45,707,712.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-1.77 Million | -1.08% |
| Other Comprehensive Income | Rs-8.29 Million | -5.08% |
| Other Changes | Rs45.71 Million | +28.01% |
| Total Change | Rs- | 27.94% |
Book Value vs Market Value Analysis
This analysis compares Norben Tea & Exports 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: 5.44x
- 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 6.44x to 5.44x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-03-31 | Rs11.29 | Rs72.66 | x |
| 2010-03-31 | Rs12.19 | Rs72.66 | x |
| 2011-03-31 | Rs12.63 | Rs72.66 | x |
| 2012-03-31 | Rs12.61 | Rs72.66 | x |
| 2013-03-31 | Rs13.08 | Rs72.66 | x |
| 2014-03-31 | Rs13.11 | Rs72.66 | x |
| 2015-03-31 | Rs13.30 | Rs72.66 | x |
| 2016-03-31 | Rs13.33 | Rs72.66 | x |
| 2017-03-31 | Rs13.42 | Rs72.66 | x |
| 2018-03-31 | Rs13.42 | Rs72.66 | x |
| 2019-03-31 | Rs13.02 | Rs72.66 | x |
| 2020-03-31 | Rs11.66 | Rs72.66 | x |
| 2021-03-31 | Rs12.62 | Rs72.66 | x |
| 2022-03-31 | Rs12.43 | Rs72.66 | x |
| 2023-03-31 | Rs12.64 | Rs72.66 | x |
| 2024-03-31 | Rs10.86 | Rs72.66 | x |
| 2025-03-31 | Rs13.36 | Rs72.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Norben Tea & Exports 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): -1.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.31%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.72x
- Recent ROE (-1.08%) is below the historical average (0.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 3.22% | 19.72% | 0.12x | 1.32x | Rs-9.00 Million |
| 2010 | 7.35% | 42.28% | 0.14x | 1.23x | Rs-3.80 Million |
| 2011 | 3.52% | 14.92% | 0.20x | 1.21x | Rs-9.62 Million |
| 2012 | 4.22% | 17.86% | 0.20x | 1.18x | Rs-8.56 Million |
| 2013 | 3.58% | 11.98% | 0.26x | 1.16x | Rs-9.86 Million |
| 2014 | 0.83% | 3.25% | 0.22x | 1.18x | Rs-14.13 Million |
| 2015 | 1.44% | 6.05% | 0.20x | 1.22x | Rs-13.38 Million |
| 2016 | 0.21% | 0.79% | 0.21x | 1.27x | Rs-15.33 Million |
| 2017 | 0.70% | 2.34% | 0.22x | 1.33x | Rs-14.67 Million |
| 2018 | -0.34% | -1.14% | 0.21x | 1.40x | Rs-16.29 Million |
| 2019 | -2.94% | -9.14% | 0.22x | 1.48x | Rs-19.80 Million |
| 2020 | -11.75% | -32.96% | 0.22x | 1.66x | Rs-29.75 Million |
| 2021 | 7.93% | 15.78% | 0.32x | 1.55x | Rs-3.08 Million |
| 2022 | -1.82% | -4.46% | 0.25x | 1.65x | Rs-17.27 Million |
| 2023 | 1.43% | 2.72% | 0.30x | 1.73x | Rs-12.73 Million |
| 2024 | -13.33% | -25.87% | 0.25x | 2.03x | Rs-29.76 Million |
| 2025 | -1.08% | -2.31% | 0.27x | 1.72x | Rs-18.09 Million |
Industry Comparison
This section compares Norben Tea & Exports Limited's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $2,453,145,729
- Average return on equity (ROE) among peers: -10.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Norben Tea & Exports Limited (NORBTEAEXP) | Rs200.02 Million | 3.22% | 0.58x | $12.21 Million |
| Agri-Tech (India) Limited (AGRITECH) | $1.09 Billion | 19.01% | 0.01x | $7.30 Million |
| Apex Frozen Foods Limited (APEX) | $4.40 Billion | 10.07% | 0.49x | $143.55 Million |
| Aspinwall and Company Limited (ASPINWALL) | $1.54 Billion | 9.92% | 0.56x | $21.26 Million |
| Dhampur Bio Organics Limited (DBOL) | $9.89 Billion | 11.24% | 1.10x | $82.80 Million |
| Gillanders Arbuthnot & Company Limited (GILLANDERS) | $2.58 Billion | 3.67% | 1.14x | $20.79 Million |
| The Grob Tea Company Limited (GROBTEA) | $415.66 Million | 4.44% | 0.46x | $11.85 Million |
| Harrisons Malayalam Limited (HARRMALAYA) | $752.00K | -155.45% | 11.26x | $41.84 Million |
| Mangalam Global Enterprise Limited (MGEL) | $53.45 Million | 4.84% | 0.75x | $55.96 Million |
| The Peria Karamalai Tea & Produce Company Limited (PKTEA) | $2.12 Billion | 0.11% | 0.28x | $25.59 Million |
About Norben Tea & Exports Limited
Norben Tea & Exports Limited engages in the growing, manufacturing, and marketing of tea in India. It offers flavor teas, green teas, and teabags. The company was incorporated in 1990 and is based in Kolkata, India.