Ganges Securities Limited (GANGESSECU) - Net Assets
Based on the latest financial reports, Ganges Securities Limited (GANGESSECU) has net assets worth Rs6.59 Billion INR (≈ $71.32 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 (Rs7.12 Billion ≈ $77.04 Million USD) and total liabilities (Rs529.15 Million ≈ $5.72 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. Also explore balance sheet size of Ganges Securities Limited for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs6.59 Billion |
| % of Total Assets | 92.57% |
| Annual Growth Rate | 237.23% |
| 5-Year Change | 100.21% |
| 10-Year Change | N/A |
| Growth Volatility | 226698.02 |
Ganges Securities Limited - Net Assets Trend (2016–2025)
This chart illustrates how Ganges Securities Limited's net assets have evolved over time, based on quarterly financial data. Check GANGESSECU tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Ganges Securities Limited (2016–2025)
The table below shows the annual net assets of Ganges Securities Limited from 2016 to 2025. For live valuation and market cap data, see Ganges Securities Limited (GANGESSECU) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs6.76 Billion ≈ $73.13 Million |
+24.03% |
| 2024-03-31 | Rs5.45 Billion ≈ $58.96 Million |
+20.85% |
| 2023-03-31 | Rs4.51 Billion ≈ $48.79 Million |
-27.67% |
| 2022-03-31 | Rs6.24 Billion ≈ $67.45 Million |
+84.65% |
| 2021-03-31 | Rs3.38 Billion ≈ $36.53 Million |
+62.08% |
| 2020-03-31 | Rs2.08 Billion ≈ $22.54 Million |
-34.12% |
| 2019-03-31 | Rs3.16 Billion ≈ $34.21 Million |
+230.39% |
| 2018-03-31 | Rs957.52 Million ≈ $10.36 Million |
+10.59% |
| 2017-03-31 | Rs865.79 Million ≈ $9.36 Million |
+721395.00% |
| 2016-03-31 | Rs120.00K ≈ $1.30K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Ganges Securities 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 71120000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs710.82 Million | 10.51% |
| Common Stock | Rs100.04 Million | 1.48% |
| Other Components | Rs5.95 Billion | 88.01% |
| Total Equity | Rs6.76 Billion | 100.00% |
Ganges Securities Limited Competitors by Market Cap
The table below lists competitors of Ganges Securities Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pivotal Metals Ltd
AU:PVT
|
$12.99 Million |
|
Volcano Bhd
KLSE:0232
|
$13.00 Million |
|
Mico BioMed Co. Ltd.
KQ:214610
|
$13.00 Million |
|
Arrive AI Inc.
NASDAQ:ARAI
|
$13.00 Million |
|
See Hup Consolidated Bhd
KLSE:7053
|
$12.97 Million |
|
Bd Multimedia
PA:ALBDM
|
$12.97 Million |
|
Vertex Resource Group Ltd
V:VTX
|
$12.97 Million |
|
First Media Tbk
JK:KBLV
|
$12.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ganges Securities Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,452,334,000 to 6,762,573,000, a change of 1,310,239,000 (24.0%).
- Net income of 50,621,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 5,352,297,000.
- Other factors increased equity by 6,611,915,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs50.62 Million | +0.75% |
| Other Comprehensive Income | Rs-5.35 Billion | -79.15% |
| Other Changes | Rs6.61 Billion | +97.77% |
| Total Change | Rs- | 24.03% |
Book Value vs Market Value Analysis
This analysis compares Ganges Securities 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: 0.18x
- 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 10088.89x to 0.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-03-31 | Rs0.01 | Rs120.00 | x |
| 2017-03-31 | Rs86.55 | Rs120.00 | x |
| 2018-03-31 | Rs95.72 | Rs120.00 | x |
| 2019-03-31 | Rs102.78 | Rs120.00 | x |
| 2020-03-31 | Rs208.33 | Rs120.00 | x |
| 2021-03-31 | Rs337.68 | Rs120.00 | x |
| 2022-03-31 | Rs623.50 | Rs120.00 | x |
| 2023-03-31 | Rs450.99 | Rs120.00 | x |
| 2024-03-31 | Rs545.06 | Rs120.00 | x |
| 2025-03-31 | Rs675.99 | Rs120.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ganges Securities 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): 0.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.33%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.08x
- Recent ROE (0.75%) is above the historical average (-25.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -292.50% | 0.00% | 0.00x | 1.05x | Rs-363.00K |
| 2017 | 6.76% | 21.26% | 0.27x | 1.17x | Rs-28.08 Million |
| 2018 | 9.64% | 28.60% | 0.31x | 1.10x | Rs-3.49 Million |
| 2019 | 7.32% | 24.40% | 0.10x | 3.14x | Rs-27.56 Million |
| 2020 | 3.43% | 22.41% | 0.15x | 1.04x | Rs-137.00 Million |
| 2021 | 2.90% | 27.93% | 0.10x | 1.02x | Rs-239.84 Million |
| 2022 | 1.28% | 23.32% | 0.05x | 1.03x | Rs-543.78 Million |
| 2023 | 2.16% | 23.64% | 0.09x | 1.01x | Rs-353.69 Million |
| 2024 | 0.64% | 9.99% | 0.06x | 1.05x | Rs-510.44 Million |
| 2025 | 0.75% | 13.33% | 0.05x | 1.08x | Rs-625.64 Million |
Industry Comparison
This section compares Ganges Securities Limited's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $7,566,945,300
- Average return on equity (ROE) among peers: 16.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ganges Securities Limited (GANGESSECU) | Rs6.59 Billion | -292.50% | 0.08x | $12.98 Million |
| ADF Foods Limited (ADFFOODS) | $1.53 Billion | 5.78% | 0.32x | $325.25 Million |
| Ajooni Biotech Limited (AJOONI) | $880.79 Million | 3.68% | 0.08x | $7.43 Million |
| Agro Tech Foods Limited (ATFL) | $2.45 Billion | 17.08% | 0.32x | $365.36 Million |
| Avanti Feeds Limited (AVANTIFEED) | $1.25 Billion | 24.02% | 0.98x | $1.34 Billion |
| Adani Wilmar Limited (AWL) | $32.98 Billion | 22.09% | 3.04x | $2.66 Billion |
| Bombay Burmah Trading Corporation Limited (BBTC) | $7.97 Billion | 2.39% | 0.62x | $1.16 Billion |
| Mrs. Bectors Food Specialities Limited (BECTORFOOD) | $4.31 Billion | 16.76% | 0.58x | $701.41 Million |
| Bikaji Foods International Limited (BIKAJI) | $12.16 Billion | 21.85% | 0.26x | $1.76 Billion |
| Britannia Industries Limited (BRITANNIA) | $2.85 Billion | 36.21% | 4.23x | $14.41 Billion |
| CCL Products (India) Limited (CCL) | $9.28 Billion | 17.87% | 0.63x | $1.66 Billion |
About Ganges Securities Limited
Ganges Securities Limited, through its subsidiaries, engages in the manufacture and sale of tea and other related agricultural produce in India. It is also involved in tea processing activities; and invests and deals in securities and in immovable properties. The company was incorporated in 2015 and is based in Kolkata, India.