Grand Foundry Limited
Grand Foundry Limited manufactures, exports, and sells bright steel bars and wires in India, the United States, Japan, Singapore, Italy, Australia, and Canada. It also offers pickling and heat treatment lines. The company's products are used for making various kinds of components for automotive, machinery manufacturing, dairy and food processing, chemical and fertilizer, electronics and electrica… Read more
Grand Foundry Limited (GFSTEELS) - Net Assets
Latest net assets as of September 2025: ₹-61.05 Million INR
Based on the latest financial reports, Grand Foundry Limited (GFSTEELS) has net assets worth ₹-61.05 Million INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹521.00K) and total liabilities (₹61.57 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹-61.05 Million |
| % of Total Assets | -11717.08% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Grand Foundry Limited - Net Assets Trend (2010–2025)
This chart illustrates how Grand Foundry Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Grand Foundry Limited (2010–2025)
The table below shows the annual net assets of Grand Foundry Limited from 2010 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹-56.35 Million | -13.74% |
| 2024-03-31 | ₹-49.54 Million | -12.87% |
| 2023-03-31 | ₹-43.89 Million | -33.69% |
| 2022-03-31 | ₹-32.83 Million | -7.92% |
| 2021-03-31 | ₹-30.42 Million | -6.14% |
| 2020-03-31 | ₹-28.66 Million | +67.52% |
| 2019-03-31 | ₹-88.23 Million | -35.91% |
| 2018-03-31 | ₹-64.92 Million | -0.78% |
| 2017-03-31 | ₹-64.42 Million | +9.09% |
| 2016-03-31 | ₹-70.86 Million | -23.23% |
| 2015-03-31 | ₹-57.50 Million | -67.53% |
| 2014-03-31 | ₹-34.32 Million | +75.85% |
| 2012-03-31 | ₹-142.14 Million | -4.05% |
| 2011-03-31 | ₹-136.60 Million | -192.39% |
| 2010-03-31 | ₹-46.72 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Grand Foundry 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 decreased by 2849459200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₹121.72 Million | % |
| Other Comprehensive Income | ₹11.00K | % |
| Other Components | ₹7.20 Million | % |
| Total Equity | ₹-56.35 Million | 100.00% |
Grand Foundry Limited Competitors by Market Cap
The table below lists competitors of Grand Foundry Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ocean Sun As
OL:OSUN
|
$1.30 Million |
|
Ken Holdings Bhd
KLSE:7323
|
$1.30 Million |
|
ELIA SYSTEM OP.
MU:E4S
|
$1.30 Million |
|
QDM International Inc
OTCQB:QDMI
|
$1.30 Million |
|
SPROUT AI INC.
F:5AU
|
$1.29 Million |
|
ICP LTD -LOCAL-
F:GD1M
|
$1.29 Million |
|
Edison Cobalt Corp
PINK:EDDYF
|
$1.29 Million |
|
LEGRAND - Dusseldorf Stock Exchang
DU:LRC
|
$1.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grand Foundry Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -49,541,000 to -56,347,000, a change of -6,806,000.
- Net loss of 6,806,000 reduced equity.
- Other comprehensive income decreased equity by 1.
- Other factors increased equity by 1.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹-6.81 Million | -12.08% |
| Other Comprehensive Income | ₹-1.00 | -0.0% |
| Other Changes | ₹1.00 | +0.0% |
| Total Change | ₹- | % |
Book Value vs Market Value Analysis
This analysis compares Grand Foundry 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-03-31 | ₹-4.48 | ₹12.36 | x |
| 2011-03-31 | ₹-13.10 | ₹12.36 | x |
| 2012-03-31 | ₹-13.63 | ₹12.36 | x |
| 2014-03-31 | ₹-3.29 | ₹12.36 | x |
| 2015-03-31 | ₹-5.51 | ₹12.36 | x |
| 2016-03-31 | ₹-6.79 | ₹12.36 | x |
| 2017-03-31 | ₹-6.18 | ₹12.36 | x |
| 2018-03-31 | ₹-6.22 | ₹12.36 | x |
| 2019-03-31 | ₹-8.46 | ₹12.36 | x |
| 2020-03-31 | ₹-0.94 | ₹12.36 | x |
| 2021-03-31 | ₹-1.00 | ₹12.36 | x |
| 2022-03-31 | ₹-1.08 | ₹12.36 | x |
| 2023-03-31 | ₹-1.44 | ₹12.36 | x |
| 2024-03-31 | ₹-1.63 | ₹12.36 | x |
| 2025-03-31 | ₹-1.85 | ₹12.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grand Foundry 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3320.00%
- • Asset Turnover: 3.80x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 0.00% | -581.04% | 0.21x | 0.00x | ₹-152.11 Million |
| 2011 | 0.00% | -281.58% | 0.70x | 0.00x | ₹-76.22 Million |
| 2012 | 0.00% | -20.77% | 0.59x | 0.00x | ₹8.68 Million |
| 2014 | 0.00% | 42.71% | 0.44x | 0.00x | ₹14.90 Million |
| 2015 | 0.00% | -223.69% | 0.21x | 0.00x | ₹-17.43 Million |
| 2016 | 0.00% | -59.58% | 0.49x | 0.00x | ₹-6.27 Million |
| 2017 | 0.00% | 26.09% | 0.26x | 0.00x | ₹12.88 Million |
| 2018 | 0.00% | -0.38% | 1.50x | 0.00x | ₹5.99 Million |
| 2019 | 0.00% | -9.12% | 4.43x | 0.00x | ₹-14.49 Million |
| 2020 | 0.00% | -29.68% | 2.63x | 0.00x | ₹-17.56 Million |
| 2021 | 0.00% | -19.40% | 0.59x | 0.00x | ₹973.03K |
| 2022 | 0.00% | -207.71% | 0.13x | 0.00x | ₹1.18 Million |
| 2023 | 0.00% | -1092.98% | 2.60x | 0.00x | ₹-6.67 Million |
| 2024 | 0.00% | -2039.71% | 0.97x | 0.00x | ₹-695.90K |
| 2025 | 0.00% | -3320.00% | 3.80x | 0.00x | ₹-1.17 Million |
Industry Comparison
This section compares Grand Foundry Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $2,314,403,866
- Average return on equity (ROE) among peers: 19.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grand Foundry Limited (GFSTEELS) | ₹-61.05 Million | 0.00% | N/A | $1.30 Million |
| Ankit Metal & Power Limited (ANKITMETAL) | $-100.86 Million | 0.00% | 0.00x | $722.48K |
| APL Apollo Tubes Limited (APLAPOLLO) | $24.64 Billion | 25.12% | 0.81x | $4.04 Billion |
| Ashoka Metcast Limited (ASHOKAMET) | $23.00K | 60.87% | 7947.74x | $1.75 Million |
| Bansal Wire Industries Ltd (BANSALWIRE) | $2.83 Billion | 21.21% | 1.65x | $84.98 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $1.45 Billion | 17.08% | 3.51x | $8.02 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $1.38 Billion | 0.97% | 2.02x | $61.29 Million |
| Electrotherm (India) Limited (ELECTHERM) | $-10.96 Billion | 0.00% | 0.00x | $31.33 Million |
| Gallantt Ispat Limited (GALLANTT) | $1.10 Billion | 27.96% | 1.96x | $327.71 Million |
| Goodluck India Limited (GOODLUCK) | $490.54 Million | 25.50% | 2.98x | $163.26 Million |