Hitachi Energy India Limited (POWERINDIA) - Net Assets
Based on the latest financial reports, Hitachi Energy India Limited (POWERINDIA) has net assets worth Rs51.76 Billion INR (≈ $559.76 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 (Rs120.44 Billion ≈ $1.30 Billion USD) and total liabilities (Rs68.68 Billion ≈ $742.72 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 POWERINDIA PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs51.76 Billion |
| % of Total Assets | 42.98% |
| Annual Growth Rate | 35.4% |
| 5-Year Change | 357.08% |
| 10-Year Change | N/A |
| Growth Volatility | 72.88 |
Hitachi Energy India Limited - Net Assets Trend (2019–2025)
This chart illustrates how Hitachi Energy India Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of Hitachi Energy India Limited.
Annual Net Assets for Hitachi Energy India Limited (2019–2025)
The table below shows the annual net assets of Hitachi Energy India Limited from 2019 to 2025. Also explore Hitachi Energy India Limited (POWERINDIA) equity growth momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Rs51.76 Billion ≈ $559.76 Million |
+22.82% |
| 2024-12-31 | Rs42.14 Billion ≈ $455.74 Million |
+209.89% |
| 2023-12-31 | Rs13.60 Billion ≈ $147.06 Million |
+11.89% |
| 2022-12-31 | Rs12.15 Billion ≈ $131.43 Million |
+7.32% |
| 2021-12-31 | Rs11.32 Billion ≈ $122.46 Million |
+21.43% |
| 2020-12-31 | Rs9.33 Billion ≈ $100.85 Million |
+11.04% |
| 2019-12-31 | Rs8.40 Billion ≈ $90.82 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hitachi Energy 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 586.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs21.59 Billion | 41.71% |
| Common Stock | Rs89.20 Million | 0.17% |
| Other Components | Rs30.08 Billion | 58.12% |
| Total Equity | Rs51.76 Billion | 100.00% |
Hitachi Energy India Limited Competitors by Market Cap
The table below lists competitors of Hitachi Energy India Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Union Bank of India
NSE:UNIONBANK
|
$14.81 Billion |
|
LATAM Airlines Group S.A.
NYSE:LTM
|
$14.83 Billion |
|
MTN GROUP ADR/1 RC-0001
F:LL6A
|
$14.90 Billion |
|
Cummins India Limited
NSE:CUMMINSIND
|
$14.91 Billion |
|
Tech Mahindra Limited
NSE:TECHM
|
$14.78 Billion |
|
JULIUS BAER GRP. ADR/1/5
F:JGE1
|
$14.77 Billion |
|
BB Seguridade Participacoes SA
SA:BBSE3
|
$14.77 Billion |
|
WUXI BIOLOGICS UNSP.ADR/2
F:1FW1
|
$14.75 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hitachi Energy India Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 42,141,100,000 to 51,759,600,000, a change of 9,618,500,000 (22.8%).
- Net income of 9,878,400,000 contributed positively to equity growth.
- Dividend payments of 266,500,000 reduced retained earnings.
- Other comprehensive income decreased equity by 42,051,900,000.
- Other factors increased equity by 42,058,500,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs9.88 Billion | +19.09% |
| Dividends Paid | Rs266.50 Million | -0.51% |
| Other Comprehensive Income | Rs-42.05 Billion | -81.24% |
| Other Changes | Rs42.06 Billion | +81.26% |
| Total Change | Rs- | 22.82% |
Book Value vs Market Value Analysis
This analysis compares Hitachi Energy 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: 26.45x
- 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 135.34x to 26.45x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | Rs226.94 | Rs30715.00 | x |
| 2020-12-31 | Rs220.03 | Rs30715.00 | x |
| 2021-12-31 | Rs267.16 | Rs30715.00 | x |
| 2022-12-31 | Rs286.75 | Rs30715.00 | x |
| 2023-12-31 | Rs320.86 | Rs30715.00 | x |
| 2024-12-31 | Rs991.65 | Rs30715.00 | x |
| 2025-12-31 | Rs1161.26 | Rs30715.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hitachi Energy 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): 19.09%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.12%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 2.33x
- Recent ROE (19.09%) is above the historical average (13.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 23.63% | 5.11% | 1.13x | 4.10x | Rs1.14 Billion |
| 2020 | 10.70% | 2.92% | 0.98x | 3.76x | Rs65.48 Million |
| 2021 | 14.48% | 4.24% | 1.10x | 3.11x | Rs507.21 Million |
| 2022 | 7.73% | 2.10% | 1.14x | 3.22x | Rs-276.31 Million |
| 2023 | 12.04% | 3.13% | 1.10x | 3.51x | Rs277.93 Million |
| 2024 | 9.11% | 6.01% | 0.74x | 2.04x | Rs-374.31 Million |
| 2025 | 19.09% | 12.12% | 0.68x | 2.33x | Rs4.70 Billion |
Industry Comparison
This section compares Hitachi Energy India Limited's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $9,507,746,560
- Average return on equity (ROE) among peers: 13.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hitachi Energy India Limited (POWERINDIA) | Rs51.76 Billion | 23.63% | 1.33x | $14.81 Billion |
| Apar Industries Limited (APARINDS) | $12.02 Billion | 11.32% | 3.18x | $7.74 Billion |
| Amara Raja Batteries Limited (ARE&M) | $42.10 Billion | 15.36% | 0.38x | $1.57 Billion |
| Bharat Bijlee Limited (BBL) | $13.78 Billion | 6.04% | 0.49x | $269.30 Million |
| CG Power and Industrial Solutions Limited (CGPOWER) | $9.97 Billion | 28.25% | 3.20x | $15.11 Billion |
| Cords Cable Industries Limited (CORDSCABLE) | $988.36 Million | 5.43% | 2.00x | $51.27 Million |
| De Nora India Limited (DENORA) | $818.81 Million | 18.87% | 0.14x | $45.00 Million |
| Dynamic Cables Limited (DYCL) | $3.74 Billion | 17.34% | 0.58x | $247.99 Million |
| Elin Electronics Limited (ELIN) | $3.03 Billion | 12.93% | 0.76x | $48.11 Million |
| Eveready Industries India Limited (EVEREADY) | $6.41 Billion | 12.51% | 1.03x | $256.30 Million |
| Exicom Tele-Systems Limited (EXICOM) | $2.22 Billion | 2.32% | 1.72x | $247.63 Million |
About Hitachi Energy India Limited
Hitachi Energy India Limited offers products, projects, and services for electricity transmission and related activities in India and internationally. The company is involved in engineering, integration, installation, commissioning, and support of project and services, and design, manufacturing, configuration, and supply of system, equipment, devices, and accessories products. It also manufacture… Read more