Poddar Housing and Development Limited (PODDARHOUS) - Net Assets
Based on the latest financial reports, Poddar Housing and Development Limited (PODDARHOUS) has net assets worth Rs819.80 Million INR (≈ $8.87 Million USD) as of March 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs7.20 Billion ≈ $77.83 Million USD) and total liabilities (Rs6.38 Billion ≈ $68.96 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 asset resilience ratio of Poddar Housing and Development Limited to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs819.80 Million |
| % of Total Assets | 11.39% |
| Annual Growth Rate | 14.01% |
| 5-Year Change | -57.31% |
| 10-Year Change | -60.88% |
| Growth Volatility | 71.61 |
Poddar Housing and Development Limited - Net Assets Trend (2006–2024)
This chart illustrates how Poddar Housing and Development Limited's net assets have evolved over time, based on quarterly financial data. Also explore Poddar Housing and Development Limited asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Poddar Housing and Development Limited (2006–2024)
The table below shows the annual net assets of Poddar Housing and Development Limited from 2006 to 2024. For live valuation and market cap data, see PODDARHOUS market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | Rs819.80 Million ≈ $8.87 Million |
-28.14% |
| 2023-03-31 | Rs1.14 Billion ≈ $12.34 Million |
-33.28% |
| 2022-03-31 | Rs1.71 Billion ≈ $18.49 Million |
-10.18% |
| 2021-03-31 | Rs1.90 Billion ≈ $20.59 Million |
-0.87% |
| 2020-03-31 | Rs1.92 Billion ≈ $20.77 Million |
-9.63% |
| 2019-03-31 | Rs2.13 Billion ≈ $22.98 Million |
-3.46% |
| 2018-03-31 | Rs2.20 Billion ≈ $23.80 Million |
-2.32% |
| 2017-03-31 | Rs2.25 Billion ≈ $24.37 Million |
+0.05% |
| 2016-03-31 | Rs2.25 Billion ≈ $24.36 Million |
+7.47% |
| 2015-03-31 | Rs2.10 Billion ≈ $22.66 Million |
+213.47% |
| 2014-03-31 | Rs668.51 Million ≈ $7.23 Million |
+11.86% |
| 2013-03-31 | Rs597.61 Million ≈ $6.46 Million |
+13.38% |
| 2012-03-31 | Rs527.10 Million ≈ $5.70 Million |
-2.25% |
| 2011-03-31 | Rs539.25 Million ≈ $5.83 Million |
+1.25% |
| 2010-03-31 | Rs532.60 Million ≈ $5.76 Million |
+1.10% |
| 2009-03-31 | Rs526.79 Million ≈ $5.70 Million |
+8.82% |
| 2008-03-31 | Rs484.10 Million ≈ $5.24 Million |
+96.15% |
| 2007-03-31 | Rs246.81 Million ≈ $2.67 Million |
+218.72% |
| 2006-03-31 | Rs77.44 Million ≈ $837.44K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Poddar Housing and Development 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 74712700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs747.13 Million | 91.14% |
| Common Stock | Rs72.67 Million | 8.86% |
| Other Comprehensive Income | Rs747.13 Million | 91.14% |
| Total Equity | Rs819.80 Million | 100.00% |
Poddar Housing and Development Limited Competitors by Market Cap
The table below lists competitors of Poddar Housing and Development Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hochdorf Holding AG
SW:HOCN
|
$3.41 Million |
|
FIRST CLASS MET. LS-001
F:WN9
|
$3.42 Million |
|
Libas Consumer Products Limited
NSE:LIBAS
|
$3.42 Million |
|
Opthea Limited
NASDAQ:OPTEY
|
$3.42 Million |
|
NIOX Group PLC
LSE:NIOX
|
$3.41 Million |
|
NuGen Medical Devices Inc
V:NGMD
|
$3.41 Million |
|
Electromagnetic Geoservices ASA
OL:EMGS
|
$3.40 Million |
|
Superior Mining International Corp
V:SUI
|
$3.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Poddar Housing and Development Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,140,778,000 to 819,796,000, a change of -320,982,000 (-28.1%).
- Net loss of 443,677,000 reduced equity.
- Share repurchases of 152,230,000 reduced equity.
- Other comprehensive income increased equity by 622,128,000.
- Other factors decreased equity by 347,203,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-443.68 Million | -54.12% |
| Share Repurchases | Rs152.23 Million | -18.57% |
| Other Comprehensive Income | Rs622.13 Million | +75.89% |
| Other Changes | Rs-347.20 Million | -42.35% |
| Total Change | Rs- | -28.14% |
Book Value vs Market Value Analysis
This analysis compares Poddar Housing and Development 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: 0.38x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 2.92x to 0.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs14.88 | Rs43.37 | x |
| 2007-03-31 | Rs47.42 | Rs43.37 | x |
| 2008-03-31 | Rs93.02 | Rs43.37 | x |
| 2009-03-31 | Rs101.22 | Rs43.37 | x |
| 2010-03-31 | Rs102.28 | Rs43.37 | x |
| 2011-03-31 | Rs103.38 | Rs43.37 | x |
| 2012-03-31 | Rs101.05 | Rs43.37 | x |
| 2013-03-31 | Rs114.83 | Rs43.37 | x |
| 2014-03-31 | Rs128.45 | Rs43.37 | x |
| 2015-03-31 | Rs387.25 | Rs43.37 | x |
| 2016-03-31 | Rs356.61 | Rs43.37 | x |
| 2017-03-31 | Rs356.80 | Rs43.37 | x |
| 2018-03-31 | Rs348.53 | Rs43.37 | x |
| 2019-03-31 | Rs336.48 | Rs43.37 | x |
| 2020-03-31 | Rs304.09 | Rs43.37 | x |
| 2021-03-31 | Rs301.43 | Rs43.37 | x |
| 2022-03-31 | Rs270.74 | Rs43.37 | x |
| 2023-03-31 | Rs180.63 | Rs43.37 | x |
| 2024-03-31 | Rs112.83 | Rs43.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Poddar Housing and Development 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): -54.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -76.28%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 8.78x
- Recent ROE (-54.12%) is below the historical average (2.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -2.29% | -1.51% | 0.95x | 1.59x | Rs-9.52 Million |
| 2007 | 70.58% | 122.37% | 0.36x | 1.62x | Rs149.51 Million |
| 2008 | 50.88% | 160.64% | 0.25x | 1.27x | Rs197.88 Million |
| 2009 | 3.35% | 16.65% | 0.18x | 1.11x | Rs-35.02 Million |
| 2010 | 3.76% | 9.42% | 0.35x | 1.15x | Rs-33.23 Million |
| 2011 | 3.42% | 9.13% | 0.24x | 1.59x | Rs-35.40 Million |
| 2012 | -1.57% | -5.01% | 0.13x | 2.49x | Rs-60.83 Million |
| 2013 | 12.83% | 28.44% | 0.14x | 3.33x | Rs16.89 Million |
| 2014 | 11.80% | 11.57% | 0.32x | 3.19x | Rs12.01 Million |
| 2015 | 10.34% | 18.69% | 0.35x | 1.58x | Rs7.04 Million |
| 2016 | 7.39% | 11.47% | 0.53x | 1.23x | Rs-58.71 Million |
| 2017 | 1.44% | 6.04% | 0.19x | 1.28x | Rs-192.78 Million |
| 2018 | -3.40% | -22.58% | 0.09x | 1.77x | Rs-294.92 Million |
| 2019 | -3.41% | -15.24% | 0.10x | 2.21x | Rs-284.98 Million |
| 2020 | -10.20% | -40.85% | 0.09x | 2.83x | Rs-387.93 Million |
| 2021 | -1.03% | -3.57% | 0.09x | 3.17x | Rs-209.96 Million |
| 2022 | -11.34% | -31.49% | 0.09x | 4.20x | Rs-364.82 Million |
| 2023 | -43.56% | -180.32% | 0.04x | 6.61x | Rs-610.95 Million |
| 2024 | -54.12% | -76.28% | 0.08x | 8.78x | Rs-525.66 Million |
Industry Comparison
This section compares Poddar Housing and Development Limited's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $5,469,848,663
- Average return on equity (ROE) among peers: -84.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Poddar Housing and Development Limited (PODDARHOUS) | Rs819.80 Million | -2.29% | 7.78x | $3.41 Million |
| Ajmera Realty & Infra India Limited (AJMERA) | $7.43 Billion | 4.40% | 1.65x | $264.54 Million |
| Amj Land Holdings Limited (AMJLAND) | $1.66 Billion | 8.55% | 1.33x | $17.89 Million |
| Ansal Properties & Infrastructure Limited (ANSALAPI) | $17.90 Billion | 0.27% | 2.81x | $6.43 Million |
| Arihant Superstructures Limited (ARIHANTSUP) | $154.37 Million | 8.50% | 3.16x | $129.05 Million |
| Arkade Developers Ltd (ARKADE) | $1.49 Billion | 33.81% | 1.48x | $236.65 Million |
| Art Nirman Limited (ARTNIRMAN) | $20.00K | -930.00% | 978.85x | $12.02 Million |
| Arvind SmartSpaces Limited (ARVSMART) | $162.90 Million | 19.89% | 9.18x | $306.52 Million |
| Ashiana Housing Limited (ASHIANA) | $323.41 Million | 29.21% | 3.28x | $372.51 Million |
| Ashima Limited (ASHIMASYN) | $2.20 Billion | -3.02% | 0.45x | $33.08 Million |
| Valor Estate Limited (DBREALTY) | $23.37 Billion | -13.43% | 1.84x | $607.53 Million |
About Poddar Housing and Development Limited
Poddar Housing and Development Limited engages in real estate development, construction, sale, and other related activities in India. The company was formerly known as Poddar Developers Limited and changed its name to Poddar Housing and Development Limited in January 2016. Poddar Housing and Development Limited was founded in 1690 and is based in Mumbai, India.