GHCL Limited
GHCL Limited, together with its subsidiaries, manufactures and trading of inorganic chemicals in India and internationally. The company offers light soda ash, a basic industrial alkali chemical used in soap and detergents, pulp and paper, iron and steel, aluminum cleaning compounds, water softening and dyeing, in fiber-reactive dyes, effluent treatment, and chemicals products; dense soda ash for … Read more
GHCL Limited (GHCL) - Net Assets
Latest net assets as of September 2025: ₹36.36 Billion INR
Based on the latest financial reports, GHCL Limited (GHCL) has net assets worth ₹36.36 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹42.72 Billion) and total liabilities (₹6.36 Billion). 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 | ₹36.36 Billion |
| % of Total Assets | 85.1% |
| Annual Growth Rate | 14.06% |
| 5-Year Change | 40.44% |
| 10-Year Change | 253.96% |
| Growth Volatility | 39.23 |
GHCL Limited - Net Assets Trend (2004–2025)
This chart illustrates how GHCL 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 GHCL Limited (2004–2025)
The table below shows the annual net assets of GHCL Limited from 2004 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹34.89 Billion | +17.13% |
| 2024-03-31 | ₹29.78 Billion | -24.71% |
| 2023-03-31 | ₹39.56 Billion | +28.20% |
| 2022-03-31 | ₹30.86 Billion | +24.21% |
| 2021-03-31 | ₹24.84 Billion | +15.60% |
| 2020-03-31 | ₹21.49 Billion | +11.61% |
| 2019-03-31 | ₹19.25 Billion | +19.53% |
| 2018-03-31 | ₹16.11 Billion | +19.63% |
| 2017-03-31 | ₹13.47 Billion | +36.61% |
| 2016-03-31 | ₹9.86 Billion | +27.98% |
| 2015-03-31 | ₹7.70 Billion | +31.14% |
| 2014-03-31 | ₹5.87 Billion | +3.65% |
| 2013-03-31 | ₹5.67 Billion | +17.55% |
| 2012-03-31 | ₹4.82 Billion | -42.51% |
| 2011-03-31 | ₹8.38 Billion | -12.81% |
| 2010-03-31 | ₹9.62 Billion | +14.64% |
| 2009-03-31 | ₹8.39 Billion | +166.47% |
| 2008-03-31 | ₹3.15 Billion | +39.62% |
| 2007-03-31 | ₹2.25 Billion | -26.05% |
| 2006-03-31 | ₹3.05 Billion | +33.35% |
| 2005-03-31 | ₹2.29 Billion | +3.80% |
| 2004-03-31 | ₹2.20 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to GHCL 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 3315540000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹33.16 Billion | 95.03% |
| Common Stock | ₹957.50 Million | 2.74% |
| Other Comprehensive Income | ₹552.10 Million | 1.58% |
| Other Components | ₹223.40 Million | 0.64% |
| Total Equity | ₹34.89 Billion | 100.00% |
GHCL Limited Competitors by Market Cap
The table below lists competitors of GHCL Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RENEW ENG.GLB.A DL-0001
F:7JU
|
$328.42 Million |
|
CASTELNAU GROUP LTD
F:7QZ
|
$328.48 Million |
|
Shandong Liancheng Precision Manufacturing Co Ltd Class A
SHE:002921
|
$328.53 Million |
|
Dongsung FineTec Co. Ltd
KQ:033500
|
$328.54 Million |
|
Southern First Bancshares Inc
NASDAQ:SFST
|
$328.31 Million |
|
Sunfly Intelligent Technology Co Ltd
SHE:300423
|
$328.17 Million |
|
Shenzhen Silver Basis Technology Co Ltd
SHE:002786
|
$328.17 Million |
|
tonies SE
PINK:TNIEF
|
$328.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GHCL Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 29,784,900,000 to 34,888,400,000, a change of 5,103,500,000 (17.1%).
- Net income of 6,241,500,000 contributed positively to equity growth.
- Dividend payments of 1,143,500,000 reduced retained earnings.
- Share repurchases of 11,000,000 reduced equity.
- New share issuances of 11,000,000 increased equity.
- Other comprehensive income increased equity by 16,700,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹6.24 Billion | +17.89% |
| Dividends Paid | ₹1.14 Billion | -3.28% |
| Share Repurchases | ₹11.00 Million | -0.03% |
| Share Issuances | ₹11.00 Million | +0.03% |
| Other Comprehensive Income | ₹16.70 Million | +0.05% |
| Other Changes | ₹-11.20 Million | -0.03% |
| Total Change | ₹- | 17.13% |
Book Value vs Market Value Analysis
This analysis compares GHCL 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: 1.23x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 19.41x to 1.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-03-31 | ₹23.19 | ₹450.25 | x |
| 2005-03-31 | ₹24.10 | ₹450.25 | x |
| 2006-03-31 | ₹27.57 | ₹450.25 | x |
| 2007-03-31 | ₹18.88 | ₹450.25 | x |
| 2008-03-31 | ₹24.89 | ₹450.25 | x |
| 2009-03-31 | ₹67.43 | ₹450.25 | x |
| 2010-03-31 | ₹82.99 | ₹450.25 | x |
| 2011-03-31 | ₹79.44 | ₹450.25 | x |
| 2012-03-31 | ₹48.19 | ₹450.25 | x |
| 2013-03-31 | ₹56.65 | ₹450.25 | x |
| 2014-03-31 | ₹58.72 | ₹450.25 | x |
| 2015-03-31 | ₹77.00 | ₹450.25 | x |
| 2016-03-31 | ₹98.54 | ₹450.25 | x |
| 2017-03-31 | ₹133.79 | ₹450.25 | x |
| 2018-03-31 | ₹163.88 | ₹450.25 | x |
| 2019-03-31 | ₹194.97 | ₹450.25 | x |
| 2020-03-31 | ₹219.47 | ₹450.25 | x |
| 2021-03-31 | ₹260.78 | ₹450.25 | x |
| 2022-03-31 | ₹308.47 | ₹450.25 | x |
| 2023-03-31 | ₹416.04 | ₹450.25 | x |
| 2024-03-31 | ₹312.63 | ₹450.25 | x |
| 2025-03-31 | ₹365.24 | ₹450.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GHCL 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): 17.89%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.61%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 1.20x
- Recent ROE (17.89%) is below the historical average (18.71%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 9.71% | 4.34% | 0.82x | 2.72x | ₹-6.49 Million |
| 2005 | 13.11% | 5.78% | 0.75x | 3.04x | ₹71.21 Million |
| 2006 | 36.01% | 13.80% | 0.54x | 4.86x | ₹694.49 Million |
| 2007 | 35.29% | 14.99% | 0.16x | 14.58x | ₹520.77 Million |
| 2008 | 17.17% | 1.67% | 1.11x | 9.24x | ₹218.90 Million |
| 2009 | 1.86% | 1.06% | 0.45x | 3.85x | ₹-682.87 Million |
| 2010 | 8.27% | 5.98% | 0.41x | 3.35x | ₹-165.98 Million |
| 2011 | 4.57% | 2.55% | 0.49x | 3.70x | ₹-454.91 Million |
| 2012 | 9.23% | 2.25% | 0.67x | 6.15x | ₹-37.03 Million |
| 2013 | 12.60% | 3.14% | 0.79x | 5.08x | ₹147.06 Million |
| 2014 | 18.48% | 4.83% | 0.75x | 5.13x | ₹497.93 Million |
| 2015 | 23.62% | 7.66% | 0.83x | 3.70x | ₹1.05 Billion |
| 2016 | 26.14% | 10.07% | 0.87x | 2.99x | ₹1.59 Billion |
| 2017 | 28.22% | 13.52% | 0.80x | 2.60x | ₹2.45 Billion |
| 2018 | 22.12% | 12.11% | 0.81x | 2.25x | ₹1.95 Billion |
| 2019 | 18.21% | 10.49% | 0.84x | 2.07x | ₹1.58 Billion |
| 2020 | 18.46% | 12.00% | 0.79x | 1.94x | ₹1.82 Billion |
| 2021 | 13.13% | 11.25% | 0.73x | 1.60x | ₹776.95 Million |
| 2022 | 22.06% | 17.20% | 0.76x | 1.69x | ₹3.55 Billion |
| 2023 | 28.86% | 25.11% | 0.89x | 1.30x | ₹7.46 Billion |
| 2024 | 26.65% | 23.10% | 0.91x | 1.27x | ₹4.96 Billion |
| 2025 | 17.89% | 19.61% | 0.76x | 1.20x | ₹2.75 Billion |
Industry Comparison
This section compares GHCL Limited's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $7,566,417,574
- Average return on equity (ROE) among peers: 17.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GHCL Limited (GHCL) | ₹36.36 Billion | 9.71% | 0.18x | $328.35 Million |
| Archean Chemical Industries Limited (ACI) | $18.64 Billion | 8.70% | 0.28x | $374.06 Million |
| Amines & Plasticizers Limited (AMNPLST) | $189.73 Million | 16.38% | 2.50x | $10.36 Million |
| The Andhra Sugars Limited (ANDHRSUGAR) | $8.95 Billion | -0.54% | 0.68x | $60.92 Million |
| Bhansali Engineering Polymers Limited (BEPL) | $10.02 Billion | 17.96% | 0.10x | $88.83 Million |
| Chemplast Sanmar Limited (CHEMPLASTS) | $4.98 Billion | 35.86% | 4.35x | $183.76 Million |
| DCW Limited (DCW) | $6.32 Billion | -0.68% | 1.88x | $69.23 Million |
| Deepak Fertilizers and Petrochemicals Corporation Limited (DEEPAKFERT) | $8.10 Billion | 16.91% | 1.17x | $685.82 Million |
| Deepak Nitrite Limited (DEEPAKNTR) | $15.72 Billion | 38.87% | 1.04x | $1.09 Billion |
| DIAMINES AND CHEMICALS ORD (BSE) (DIAMINESQ) | $651.80 Million | 36.80% | 0.17x | $9.53 Million |
| DMCC SPECIALITY CHEMICALS LIMITED (DMCC) | $2.10 Billion | 5.53% | 0.80x | $22.00 Million |