Grand Foundry Limited (GFSTEELS) - Net Assets

Latest as of September 2025: Rs-61.05 Million INR ≈ $-660.19K USD

Based on the latest financial reports, Grand Foundry Limited (GFSTEELS) has net assets worth Rs-61.05 Million INR (≈ $-660.19K USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs521.00K ≈ $5.63K USD) and total liabilities (Rs61.57 Million ≈ $665.82K 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 Grand Foundry Limited (GFSTEELS) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs-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. Also explore Grand Foundry Limited balance sheet assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Grand Foundry Limited stock valuation.

Year	Net Assets	Change
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	--

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	Rs121.72 Million	%
Other Comprehensive Income	Rs11.00K	%
Other Components	Rs7.20 Million	%
Total Equity	Rs-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
Infinity Lithium Corporation Ltd AU:INF	$4.07 Million
Aquaporin AS CO:AQP	$4.07 Million
Izolacja Jarocin SA WAR:IZO	$4.08 Million
Ecora Resources PLC LSE:ECOR	$4.08 Million
CirChem AB ST:CIRCHE	$4.07 Million
Ocean Wilsons Holdings Ltd LSE:OCN	$4.06 Million
PBG SA WAR:PBG	$4.05 Million
G Capital Public Company Limited BK:GCAP	$4.05 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	Rs-6.81 Million	-12.08%
Other Comprehensive Income	Rs-1.00	-0.0%
Other Changes	Rs1.00	+0.0%
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	Rs12.36	x
2011-03-31	Rs-13.10	Rs12.36	x
2012-03-31	Rs-13.63	Rs12.36	x
2014-03-31	Rs-3.29	Rs12.36	x
2015-03-31	Rs-5.51	Rs12.36	x
2016-03-31	Rs-6.79	Rs12.36	x
2017-03-31	Rs-6.18	Rs12.36	x
2018-03-31	Rs-6.22	Rs12.36	x
2019-03-31	Rs-8.46	Rs12.36	x
2020-03-31	Rs-0.94	Rs12.36	x
2021-03-31	Rs-1.00	Rs12.36	x
2022-03-31	Rs-1.08	Rs12.36	x
2023-03-31	Rs-1.44	Rs12.36	x
2024-03-31	Rs-1.63	Rs12.36	x
2025-03-31	Rs-1.85	Rs12.36	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	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

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: $66,960,153
Average return on equity (ROE) among peers: 12.83%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Grand Foundry Limited (GFSTEELS)	Rs-61.05 Million	0.00%	N/A	$4.07 Million
Ankit Metal & Power Limited (ANKITMETAL)	$4.99 Billion	10.25%	2.32x	$2.44 Million
APL Apollo Tubes Limited (APLAPOLLO)	$155.16 Million	43.49%	4.18x	$5.72 Billion
Bansal Wire Industries Ltd (BANSALWIRE)	$4.61 Billion	15.96%	1.74x	$501.93 Million
Bedmutha Industries Limited (BEDMUTHA)	$-1.62 Billion	0.00%	0.00x	$38.63 Million
Bharat Wire Ropes Limited (BHARATWIRE)	$222.58 Million	9.47%	2.22x	$164.68 Million
Electrotherm (India) Limited (ELECTHERM)	$-10.96 Billion	0.00%	0.00x	$111.23 Million
Goodluck India Limited (GOODLUCK)	$978.14 Million	20.56%	2.88x	$451.00 Million
Godawari Power And Ispat limited (GPIL)	$2.07 Billion	26.10%	1.64x	$2.08 Billion
Hariom Pipe Industries Limited (HARIOMPIPE)	$152.16 Million	-10.33%	2.30x	$111.44 Million

About Grand Foundry Limited

NSE:GFSTEELS India Steel

Market Cap

$4.07 Million

Rs376.11 Million INR

Market Cap Rank

#28732 Global

#1619 in India

Share Price

Rs12.36

Change (1 day)

+0.00%

52-Week Range

Rs8.42 - Rs12.36

All Time High

Rs12.36