GFL Limited (GFLLIMITED) - Net Assets
Based on the latest financial reports, GFL Limited (GFLLIMITED) has net assets worth Rs25.27 Billion INR (≈ $273.27 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 (Rs26.93 Billion ≈ $291.20 Million USD) and total liabilities (Rs1.66 Billion ≈ $17.93 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 GFL Limited tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs25.27 Billion |
| % of Total Assets | 93.84% |
| Annual Growth Rate | 9.64% |
| 5-Year Change | 255.77% |
| 10-Year Change | -53.92% |
| Growth Volatility | 60.22 |
GFL Limited - Net Assets Trend (2005–2025)
This chart illustrates how GFL Limited's net assets have evolved over time, based on quarterly financial data. See GFL Limited liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for GFL Limited (2005–2025)
The table below shows the annual net assets of GFL Limited from 2005 to 2025. For live valuation and market cap data, see GFLLIMITED company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs25.21 Billion ≈ $272.60 Million |
-2.84% |
| 2024-03-31 | Rs25.94 Billion ≈ $280.56 Million |
-0.29% |
| 2023-03-31 | Rs26.02 Billion ≈ $281.37 Million |
+249.90% |
| 2022-03-31 | Rs7.44 Billion ≈ $80.41 Million |
+4.95% |
| 2021-03-31 | Rs7.09 Billion ≈ $76.62 Million |
-77.80% |
| 2020-03-31 | Rs31.92 Billion ≈ $345.18 Million |
-56.06% |
| 2019-03-31 | Rs72.65 Billion ≈ $785.65 Million |
+21.90% |
| 2018-03-31 | Rs59.60 Billion ≈ $644.52 Million |
+6.43% |
| 2017-03-31 | Rs56.00 Billion ≈ $605.59 Million |
+2.37% |
| 2016-03-31 | Rs54.70 Billion ≈ $591.55 Million |
+7.58% |
| 2015-03-31 | Rs50.85 Billion ≈ $549.87 Million |
+42.88% |
| 2014-03-31 | Rs35.59 Billion ≈ $384.85 Million |
+5.65% |
| 2013-03-31 | Rs33.68 Billion ≈ $364.28 Million |
+17.30% |
| 2012-03-31 | Rs28.71 Billion ≈ $310.54 Million |
+39.94% |
| 2011-03-31 | Rs20.52 Billion ≈ $221.91 Million |
+14.72% |
| 2010-03-31 | Rs17.89 Billion ≈ $193.44 Million |
+30.20% |
| 2009-03-31 | Rs13.74 Billion ≈ $148.57 Million |
+22.57% |
| 2008-03-31 | Rs11.21 Billion ≈ $121.22 Million |
+36.48% |
| 2007-03-31 | Rs8.21 Billion ≈ $88.82 Million |
+40.16% |
| 2006-03-31 | Rs5.86 Billion ≈ $63.37 Million |
+46.34% |
| 2005-03-31 | Rs4.00 Billion ≈ $43.30 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to GFL 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 545.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs25.09 Billion | 99.53% |
| Common Stock | Rs109.90 Million | 0.44% |
| Other Comprehensive Income | Rs8.29 Million | 0.03% |
| Total Equity | Rs25.21 Billion | 100.00% |
GFL Limited Competitors by Market Cap
The table below lists competitors of GFL Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Boom Logistics Ltd
AU:BOL
|
$56.80 Million |
|
Daxor Corporation
NASDAQ:DXR
|
$56.82 Million |
|
One Group Hospitality Inc
NASDAQ:STKS
|
$56.82 Million |
|
Sonel S.A.
WAR:SON
|
$56.83 Million |
|
Hydrogene De France SA
PA:HDF
|
$56.77 Million |
|
Flanigans Enterprises Inc
NYSE MKT:BDL
|
$56.74 Million |
|
KUYA SILVER CORP.
F:6MR1
|
$56.73 Million |
|
IXAQF
NASDAQ:IXAQF
|
$56.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GFL Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 25,942,540,000 to 25,206,700,000, a change of -735,840,000 (-2.8%).
- Net loss of 755,900,000 reduced equity.
- Other comprehensive income increased equity by 558,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-755.90 Million | -3.0% |
| Other Comprehensive Income | Rs558.00K | +0.0% |
| Other Changes | Rs19.50 Million | +0.08% |
| Total Change | Rs- | -2.84% |
Book Value vs Market Value Analysis
This analysis compares GFL 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: 0.21x
- 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 0.69x to 0.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | Rs69.17 | Rs47.80 | x |
| 2006-03-31 | Rs88.53 | Rs47.80 | x |
| 2007-03-31 | Rs63.65 | Rs47.80 | x |
| 2008-03-31 | Rs88.65 | Rs47.80 | x |
| 2009-03-31 | Rs111.78 | Rs47.80 | x |
| 2010-03-31 | Rs153.08 | Rs47.80 | x |
| 2011-03-31 | Rs173.69 | Rs47.80 | x |
| 2012-03-31 | Rs247.44 | Rs47.80 | x |
| 2013-03-31 | Rs292.27 | Rs47.80 | x |
| 2014-03-31 | Rs300.13 | Rs47.80 | x |
| 2015-03-31 | Rs385.55 | Rs47.80 | x |
| 2016-03-31 | Rs409.32 | Rs47.80 | x |
| 2017-03-31 | Rs411.31 | Rs47.80 | x |
| 2018-03-31 | Rs433.94 | Rs47.80 | x |
| 2019-03-31 | Rs544.09 | Rs47.80 | x |
| 2020-03-31 | Rs198.34 | Rs47.80 | x |
| 2021-03-31 | Rs33.92 | Rs47.80 | x |
| 2022-03-31 | Rs32.14 | Rs47.80 | x |
| 2023-03-31 | Rs236.85 | Rs47.80 | x |
| 2024-03-31 | Rs236.16 | Rs47.80 | x |
| 2025-03-31 | Rs229.43 | Rs47.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GFL 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): -3.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3359.56%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.07x
- Recent ROE (-3.00%) is below the historical average (12.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 12.99% | 22.28% | 0.43x | 1.35x | Rs119.65 Million |
| 2006 | 22.22% | 39.39% | 0.28x | 2.02x | Rs626.30 Million |
| 2007 | 36.16% | 36.65% | 0.42x | 2.32x | Rs1.93 Billion |
| 2008 | 34.05% | 37.60% | 0.44x | 2.07x | Rs2.47 Billion |
| 2009 | 27.62% | 27.64% | 0.50x | 1.99x | Rs2.24 Billion |
| 2010 | 20.82% | 27.78% | 0.43x | 1.76x | Rs1.82 Billion |
| 2011 | 14.23% | 18.80% | 0.40x | 1.89x | Rs806.22 Million |
| 2012 | 28.70% | 27.56% | 0.55x | 1.91x | Rs5.08 Billion |
| 2013 | 16.92% | 17.19% | 0.49x | 2.00x | Rs2.22 Billion |
| 2014 | 5.52% | 5.29% | 0.48x | 2.15x | Rs-1.48 Billion |
| 2015 | 13.82% | 10.98% | 0.57x | 2.22x | Rs1.62 Billion |
| 2016 | 8.88% | 5.70% | 0.66x | 2.37x | Rs-503.21 Million |
| 2017 | 1.95% | 1.41% | 0.57x | 2.43x | Rs-3.64 Billion |
| 2018 | 5.32% | 6.58% | 0.39x | 2.08x | Rs-2.23 Billion |
| 2019 | 21.83% | 43.95% | 0.26x | 1.93x | Rs7.07 Billion |
| 2020 | -5.66% | -6.50% | 0.20x | 4.40x | Rs-3.41 Billion |
| 2021 | -62.19% | -216.62% | 0.03x | 10.42x | Rs-2.69 Billion |
| 2022 | -31.52% | -7204.42% | 0.00x | 11.43x | Rs-1.47 Billion |
| 2023 | 86.42% | 86356.48% | 0.00x | 1.05x | Rs19.88 Billion |
| 2024 | -0.29% | -335.76% | 0.00x | 1.05x | Rs-2.67 Billion |
| 2025 | -3.00% | -3359.56% | 0.00x | 1.07x | Rs-3.28 Billion |
Industry Comparison
This section compares GFL Limited's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $79,174,259,894
- Average return on equity (ROE) among peers: 13.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GFL Limited (GFLLIMITED) | Rs25.27 Billion | 12.99% | 0.07x | $56.79 Million |
| 360 ONE WAM LIMITED (360ONE) | $70.65 Billion | 14.37% | 1.80x | $5.01 Billion |
| Aditya Birla Sun Life AMC Limited (ABSLAMC) | $21.96 Billion | 30.63% | 0.11x | $3.65 Billion |
| Anand Rathi Wealth Limited (ANANDRATHI) | $6.62 Billion | 34.01% | 0.33x | $1.62 Billion |
| Bajaj Holdings & Investment Limited (BAJAJHLDNG) | $515.63 Billion | 9.41% | 0.03x | $12.85 Billion |
| BF Investment Limited (BFINVEST) | $85.39 Billion | 3.30% | 0.10x | $184.53 Million |
| GACM Technologies Limited (GATECH) | $51.07 Million | -6.86% | 0.24x | $6.08 Million |
| GACM Technologies Limited (GATECHDVR) | $-60.21 Million | 0.00% | 0.00x | $964.05K |
| HDFC Asset Management Company Limited (HDFCAMC) | $11.51 Billion | 41.51% | 0.24x | $12.64 Billion |
| Jindal Photo Limited (JINDALPHOT) | $818.49 Million | -2.94% | 0.24x | $122.87 Million |
About GFL Limited
GFL Limited operates multiplexes in India. It also engages in real estate and property development activities, as well as the distribution of investment products, including mutual funds. The company was formerly known as Gujarat Fluorochemicals Limited and changed its name to GFL Limited in July 2019. GFL Limited was incorporated in 1987 and is based in Mumbai, India. GFL Limited was formerly a s… Read more