GENSOL ENGINEERING ORD (BSE) (GENSOL) - Net Assets
Based on the latest financial reports, GENSOL ENGINEERING ORD (BSE) (GENSOL) has net assets worth Rs6.01 Billion INR (≈ $65.05 Million USD) as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs25.52 Billion ≈ $275.97 Million USD) and total liabilities (Rs19.50 Billion ≈ $210.92 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 equity quality of GENSOL ENGINEERING ORD (BSE) to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs6.01 Billion |
| % of Total Assets | 23.57% |
| Annual Growth Rate | 160.82% |
| 5-Year Change | 792.57% |
| 10-Year Change | N/A |
| Growth Volatility | 237.79 |
GENSOL ENGINEERING ORD (BSE) - Net Assets Trend (2016–2024)
This chart illustrates how GENSOL ENGINEERING ORD (BSE)'s net assets have evolved over time, based on quarterly financial data. See GENSOL ENGINEERING ORD (BSE) liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for GENSOL ENGINEERING ORD (BSE) (2016–2024)
The table below shows the annual net assets of GENSOL ENGINEERING ORD (BSE) from 2016 to 2024. For live valuation and market cap data, see market cap of GENSOL ENGINEERING ORD (BSE).
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | Rs3.13 Billion ≈ $33.86 Million |
+49.09% |
| 2023-03-31 | Rs2.10 Billion ≈ $22.71 Million |
+351.65% |
| 2022-03-31 | Rs464.90 Million ≈ $5.03 Million |
+27.84% |
| 2021-03-31 | Rs363.67 Million ≈ $3.93 Million |
+3.69% |
| 2020-03-31 | Rs350.73 Million ≈ $3.79 Million |
+168.91% |
| 2019-03-31 | Rs130.42 Million ≈ $1.41 Million |
+99.09% |
| 2018-03-31 | Rs65.51 Million ≈ $708.47K |
+441.72% |
| 2017-03-31 | Rs12.09 Million ≈ $130.78K |
+727.15% |
| 2016-03-31 | Rs1.46 Million ≈ $15.81K |
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Equity Component Analysis
This analysis shows how different components contribute to GENSOL ENGINEERING ORD (BSE)'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 105357100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs1.05 Billion | 32.34% |
| Common Stock | Rs378.70 Million | 11.63% |
| Other Comprehensive Income | Rs700.00K | 0.02% |
| Other Components | Rs1.82 Billion | 56.01% |
| Total Equity | Rs3.26 Billion | 100.00% |
GENSOL ENGINEERING ORD (BSE) Competitors by Market Cap
The table below lists competitors of GENSOL ENGINEERING ORD (BSE) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Capital Gearing Trust
LSE:CGT
|
$9.85 Million |
|
Solo Brands, Inc.
NYSE:SBDS
|
$9.85 Million |
|
Universal Security Instruments Inc
NYSE MKT:UUU
|
$9.85 Million |
|
Oncosil Medical Ltd
AU:OSL
|
$9.86 Million |
|
Fanhua Inc
F:4CIA
|
$9.84 Million |
|
Polar Capital Holdings plc
LSE:POLR
|
$9.84 Million |
|
TARGETSPOT S.A. EO 1
F:6YW
|
$9.84 Million |
|
M.P.Evans Group
LSE:MPE
|
$9.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GENSOL ENGINEERING ORD (BSE)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,093,900,000 to 3,257,100,000, a change of 1,163,200,000 (55.6%).
- Net income of 595,500,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 7,400,000.
- Other factors increased equity by 575,100,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs595.50 Million | +18.28% |
| Other Comprehensive Income | Rs-7.40 Million | -0.23% |
| Other Changes | Rs575.10 Million | +17.66% |
| Total Change | Rs- | 55.55% |
Book Value vs Market Value Analysis
This analysis compares GENSOL ENGINEERING ORD (BSE)'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: 0.27x
- 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 177.15x to 0.27x 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 | Rs0.13 | Rs23.68 | x |
| 2017-03-31 | Rs1.11 | Rs23.68 | x |
| 2018-03-31 | Rs5.99 | Rs23.68 | x |
| 2019-03-31 | Rs4.97 | Rs23.68 | x |
| 2020-03-31 | Rs11.73 | Rs23.68 | x |
| 2021-03-31 | Rs11.08 | Rs23.68 | x |
| 2022-03-31 | Rs14.20 | Rs23.68 | x |
| 2023-03-31 | Rs60.26 | Rs23.68 | x |
| 2024-03-31 | Rs86.42 | Rs23.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GENSOL ENGINEERING ORD (BSE) 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): 18.28%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.14%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 7.15x
- Recent ROE (18.28%) is below the historical average (60.89%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 249.59% | 3.01% | 2.20x | 37.61x | Rs3.50 Million |
| 2017 | 98.32% | 1.91% | 6.24x | 8.24x | Rs10.68 Million |
| 2018 | 81.53% | 7.73% | 2.61x | 4.04x | Rs46.82 Million |
| 2019 | 49.81% | 8.30% | 1.82x | 3.29x | Rs51.93 Million |
| 2020 | 6.65% | 2.69% | 1.11x | 2.23x | Rs-11.10 Million |
| 2021 | 8.77% | 4.99% | 0.92x | 1.92x | Rs-4.46 Million |
| 2022 | 23.88% | 7.12% | 0.75x | 4.47x | Rs64.45 Million |
| 2023 | 11.16% | 5.95% | 0.40x | 4.75x | Rs24.31 Million |
| 2024 | 18.28% | 7.14% | 0.36x | 7.15x | Rs269.79 Million |
Industry Comparison
This section compares GENSOL ENGINEERING ORD (BSE)'s net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $3,072,087,362
- Average return on equity (ROE) among peers: 15.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GENSOL ENGINEERING ORD (BSE) (GENSOL) | Rs6.01 Billion | 249.59% | 3.24x | $9.85 Million |
| BOROSIL RENEWABLES LIMITED (BORORENEW) | $6.24 Billion | 5.22% | 0.06x | $902.98 Million |
| Premier Energies Limited (PREMIERENE) | $6.60 Billion | 35.06% | 4.39x | $5.16 Billion |
| Surana Solar Limited (SURANASOL) | $423.79 Million | 7.16% | 1.42x | $14.31 Million |
| Swelect Energy Systems Limited (SWELECTES) | $7.00 Billion | 3.09% | 0.29x | $104.44 Million |
| Sterling and Wilson Renewable Energy Limited (SWSOLAR) | $566.15 Million | 55.52% | 18.05x | $561.00 Million |
| Urja Global Limited (URJA) | $32.01 Million | 0.00% | 0.00x | $57.62 Million |
| Waaree Energies Limited (WAAREEENER) | $4.40 Billion | 17.20% | 4.09x | $9.54 Billion |
| Websol Energy System Limited (WEBELSOLAR) | $-681.51 Million | 0.00% | 0.00x | $475.16 Million |
About GENSOL ENGINEERING ORD (BSE)
Gensol Engineering Limited engages in the provision of renewable energy solutions in India, the Middle East, and internationally. It operates through EPC, Lease, EV Manufacturing, and Others segments. The company offers architecture, engineering, and technical testing and consultancy activities. The company also provides solar EPC services, such as floating solar, rooftop solar, and ground mounte… Read more