HB Stockholdings (NSE:HBSL) Scaled Net Operating Assets: N/A (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:HBSL HB Stockholdings Ltd NSE:HBSL
34 GF Score
Price ₹49.44
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is HB Stockholdings Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

HB Stockholdings's operating assets for the quarter that ended in Mar. 2026 was ₹899.95 Mil. HB Stockholdings's operating liabilities for the quarter that ended in Mar. 2026 was ₹20.32 Mil. HB Stockholdings's Total Assets for the quarter that ended in Dec. 2025 was ₹0.00 Mil. Therefore, HB Stockholdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was N/A.

HB Stockholdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for HB Stockholdings's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

HB Stockholdings Scaled Net Operating Assets Chart

HB Stockholdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.39 1.19 0.66 0.83

HB Stockholdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

NSE:HBSL vs MS, GS, SCHW: Scaled Net Operating Assets Comparison

For the Capital Markets subindustry, HB Stockholdings's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

HB Stockholdings Scaled Net Operating Assets vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, HB Stockholdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where HB Stockholdings's Scaled Net Operating Assets falls into.


NSE:HBSL
34GF Score
HB Stockholdings Ltd NSE:HBSL
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HB Stockholdings Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

HB Stockholdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(899.954-20.317)/1064.665
=0.83

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=914.335 - 14.381
=899.954

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=128.978 - 108.661 - 0
=20.317

HB Stockholdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(899.954-20.317)/0
=N/A

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=914.335 - 14.381
=899.954

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=128.978 - 108.661 - 0
=20.317

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

HB Stockholdings Business Description

Other Exchanges 532216:India
Address Plot No. 31, Echelon Institutional Area, Sector-32, Gurugram, HR, IND, 122 001
HB Stockholdings Ltd is a Non-banking financial company Non-Systemically Important Non-Deposit taking Company registered with the Reserve Bank of India. Its objective is to provide all fund and non-fund-based financial services. The company presently carries on the activities of investment in securities (Sale and Purchase of Securities), viz. Equity Shares, Preference Shares, Mutual Funds, etc. The principal business activity of the company is to undertake financial services, investing, and dealing in various kinds of securities. Details of Loans, Guarantees, and Investments. There are no separate reportable segments.
34GF Score

Get the complete analysis for NSE:HBSL

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹49.44
Price