Grand Foundry Limited (GFSTEELS) - Net Assets
Based on the latest financial reports, Grand Foundry Limited (GFSTEELS) has net assets worth Rs-54.53 Million INR (≈ $-589.76K USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs133.67 Million ≈ $1.45 Million USD) and total liabilities (Rs188.21 Million ≈ $2.04 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 GFSTEELS total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs-54.53 Million |
| % of Total Assets | -40.8% |
| 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 (2010–2026)
This chart illustrates how Grand Foundry Limited's net assets have evolved over time, based on quarterly financial data. Also explore net asset momentum of Grand Foundry Limited to track the company's year-over-year net asset growth rate.
Annual Net Assets for Grand Foundry Limited (2010–2026)
The table below shows the annual net assets of Grand Foundry Limited from 2010 to 2026. For live valuation and market cap data, see GFSTEELS market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs-54.53 Million ≈ $-589.76K |
+3.22% |
| 2025-03-31 | Rs-56.35 Million ≈ $-609.37K |
-13.74% |
| 2024-03-31 | Rs-49.54 Million ≈ $-535.77K |
-12.87% |
| 2023-03-31 | Rs-43.89 Million ≈ $-474.66K |
-33.69% |
| 2022-03-31 | Rs-32.83 Million ≈ $-355.04K |
-7.92% |
| 2021-03-31 | Rs-30.42 Million ≈ $-328.98K |
-6.14% |
| 2020-03-31 | Rs-28.66 Million ≈ $-309.94K |
+67.52% |
| 2019-03-31 | Rs-88.23 Million ≈ $-954.21K |
-35.91% |
| 2018-03-31 | Rs-64.92 Million ≈ $-702.07K |
-0.78% |
| 2017-03-31 | Rs-64.42 Million ≈ $-696.64K |
+9.09% |
| 2016-03-31 | Rs-70.86 Million ≈ $-766.28K |
-23.23% |
| 2015-03-31 | Rs-57.50 Million ≈ $-621.85K |
-67.53% |
| 2014-03-31 | Rs-34.32 Million ≈ $-371.18K |
+75.85% |
| 2012-03-31 | Rs-142.14 Million ≈ $-1.54 Million |
-4.05% |
| 2011-03-31 | Rs-136.60 Million ≈ $-1.48 Million |
-192.39% |
| 2010-03-31 | Rs-46.72 Million ≈ $-505.25K |
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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 grown by 15678340800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs121.72 Million | % |
| Total Equity | Rs-54.53 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 |
|---|---|
|
Sonetel AB
ST:SONE
|
$4.71 Million |
|
Nutritional Growth Solutions Ltd
AU:NGS
|
$4.71 Million |
|
Mha Ltd
LSE:MHA
|
$4.72 Million |
|
KST Beteiligungs AG
F:KSW
|
$4.72 Million |
|
Jain Irrigation Systems Limited
NSE:JISLDVREQS
|
$4.70 Million |
|
THREED CAPITAL INC.
F:B5K3
|
$4.70 Million |
|
IMMO BLOCKCHAIN EO 1
F:QT5
|
$4.70 Million |
|
Nichols
LSE:NICL
|
$4.69 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 2025 to 2026, total equity changed from -56,347,000 to -54,534,000, a change of 1,813,000.
- Net income of 1,813,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 10,999.
- Other factors increased equity by 10,999.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs1.81 Million | +3.32% |
| Other Comprehensive Income | Rs-11.00K | -0.02% |
| Other Changes | Rs11.00K | +0.02% |
| Total Change | Rs- | % |
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 | Rs-4.48 | Rs14.29 | x |
| 2011-03-31 | Rs-13.10 | Rs14.29 | x |
| 2012-03-31 | Rs-13.63 | Rs14.29 | x |
| 2014-03-31 | Rs-3.29 | Rs14.29 | x |
| 2015-03-31 | Rs-5.51 | Rs14.29 | x |
| 2016-03-31 | Rs-6.79 | Rs14.29 | x |
| 2017-03-31 | Rs-6.18 | Rs14.29 | x |
| 2018-03-31 | Rs-6.22 | Rs14.29 | x |
| 2019-03-31 | Rs-8.46 | Rs14.29 | x |
| 2020-03-31 | Rs-0.94 | Rs14.29 | x |
| 2021-03-31 | Rs-1.00 | Rs14.29 | x |
| 2022-03-31 | Rs-1.08 | Rs14.29 | x |
| 2023-03-31 | Rs-1.44 | Rs14.29 | x |
| 2024-03-31 | Rs-1.63 | Rs14.29 | x |
| 2025-03-31 | Rs-1.85 | Rs14.29 | x |
| 2026-03-31 | Rs-1.79 | Rs14.29 | 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: 1.72%
- • Asset Turnover: 0.79x
- • 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 | Rs-152.11 Million |
| 2011 | 0.00% | -281.58% | 0.70x | 0.00x | Rs-76.22 Million |
| 2012 | 0.00% | -20.77% | 0.59x | 0.00x | Rs8.68 Million |
| 2014 | 0.00% | 42.71% | 0.44x | 0.00x | Rs14.90 Million |
| 2015 | 0.00% | -223.69% | 0.21x | 0.00x | Rs-17.43 Million |
| 2016 | 0.00% | -59.58% | 0.49x | 0.00x | Rs-6.27 Million |
| 2017 | 0.00% | 26.09% | 0.26x | 0.00x | Rs12.88 Million |
| 2018 | 0.00% | -0.38% | 1.50x | 0.00x | Rs5.99 Million |
| 2019 | 0.00% | -9.12% | 4.43x | 0.00x | Rs-14.49 Million |
| 2020 | 0.00% | -29.68% | 2.63x | 0.00x | Rs-17.56 Million |
| 2021 | 0.00% | -19.40% | 0.59x | 0.00x | Rs973.03K |
| 2022 | 0.00% | -207.71% | 0.13x | 0.00x | Rs1.18 Million |
| 2023 | 0.00% | -1092.98% | 2.60x | 0.00x | Rs-6.67 Million |
| 2024 | 0.00% | -2039.71% | 0.97x | 0.00x | Rs-695.90K |
| 2025 | 0.00% | -3320.00% | 3.80x | 0.00x | Rs-1.17 Million |
| 2026 | 0.00% | 1.72% | 0.79x | 0.00x | Rs7.27 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: $1,272,614,333
- Average return on equity (ROE) among peers: -9.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grand Foundry Limited (GFSTEELS) | Rs-54.53 Million | 0.00% | N/A | $4.70 Million |
| Ankit Metal & Power Limited (ANKITMETAL) | $525.12 Million | 20.07% | 3.19x | $2.47 Million |
| APL Apollo Tubes Limited (APLAPOLLO) | $4.72 Billion | 13.50% | 1.73x | $5.83 Billion |
| Bansal Wire Industries Ltd (BANSALWIRE) | $4.61 Billion | 15.96% | 1.74x | $539.25 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $1.28 Billion | 4.30% | 0.94x | $38.98 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $390.55 Million | -156.08% | 18.26x | $150.48 Million |
| Electrotherm (India) Limited (ELECTHERM) | $-12.07 Billion | 0.00% | 0.00x | $138.91 Million |
| Goodluck India Limited (GOODLUCK) | $2.78 Billion | 5.74% | 2.20x | $541.78 Million |
| Godawari Power And Ispat limited (GPIL) | $8.50 Billion | -8.76% | 2.83x | $1.71 Billion |
| Hariom Pipe Industries Limited (HARIOMPIPE) | $707.89 Million | 21.38% | 1.45x | $134.86 Million |
About 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