GHCL Limited (GHCL) - Net Assets

Latest as of March 2026: Rs35.52 Billion INR ≈ $384.12 Million USD

Based on the latest financial reports, GHCL Limited (GHCL) has net assets worth Rs35.52 Billion INR (≈ $384.12 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs43.00 Billion ≈ $465.00 Million USD) and total liabilities (Rs7.48 Billion ≈ $80.87 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 GHCL Limited (GHCL) tangible net worth to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs35.52 Billion
% of Total Assets	82.61%
Annual Growth Rate	13.47%
5-Year Change	15.11%
10-Year Change	163.78%
Growth Volatility	38.5

GHCL Limited - Net Assets Trend (2004–2026)

This chart illustrates how GHCL Limited's net assets have evolved over time, based on quarterly financial data. See how many days can GHCL Limited fund operations to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for GHCL Limited (2004–2026)

The table below shows the annual net assets of GHCL Limited from 2004 to 2026. For live valuation and market cap data, see market cap of GHCL Limited.

Year	Net Assets	Change
2026-03-31	Rs35.52 Billion ≈ $384.12 Million	+1.81%
2025-03-31	Rs34.89 Billion ≈ $377.30 Million	+17.13%
2024-03-31	Rs29.78 Billion ≈ $322.11 Million	-24.71%
2023-03-31	Rs39.56 Billion ≈ $427.80 Million	+28.20%
2022-03-31	Rs30.86 Billion ≈ $333.69 Million	+24.21%
2021-03-31	Rs24.84 Billion ≈ $268.66 Million	+15.60%
2020-03-31	Rs21.49 Billion ≈ $232.40 Million	+11.61%
2019-03-31	Rs19.25 Billion ≈ $208.24 Million	+19.53%
2018-03-31	Rs16.11 Billion ≈ $174.21 Million	+19.63%
2017-03-31	Rs13.47 Billion ≈ $145.62 Million	+36.61%
2016-03-31	Rs9.86 Billion ≈ $106.60 Million	+27.98%
2015-03-31	Rs7.70 Billion ≈ $83.29 Million	+31.14%
2014-03-31	Rs5.87 Billion ≈ $63.51 Million	+3.65%
2013-03-31	Rs5.67 Billion ≈ $61.28 Million	+17.55%
2012-03-31	Rs4.82 Billion ≈ $52.13 Million	-42.51%
2011-03-31	Rs8.38 Billion ≈ $90.67 Million	-12.81%
2010-03-31	Rs9.62 Billion ≈ $104.00 Million	+14.64%
2009-03-31	Rs8.39 Billion ≈ $90.72 Million	+166.47%
2008-03-31	Rs3.15 Billion ≈ $34.04 Million	+39.62%
2007-03-31	Rs2.25 Billion ≈ $24.38 Million	-26.05%
2006-03-31	Rs3.05 Billion ≈ $32.97 Million	+33.35%
2005-03-31	Rs2.29 Billion ≈ $24.73 Million	+3.80%
2004-03-31	Rs2.20 Billion ≈ $23.82 Million	--

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 3419900000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Retained Earnings	Rs34.20 Billion	96.28%
Common Stock	Rs919.30 Million	2.59%
Other Comprehensive Income	Rs454.10 Million	1.28%
Total Equity	Rs35.52 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
Nepes Ark Corp. KQ:330860	$435.97 Million
Salmones Camanchaca S.A SN:SALMOCAM	$436.04 Million
Changshu Ruite Electric Co Ltd SHE:300600	$436.15 Million
Pondy Oxides & Chemicals Limited NSE:POCL	$436.25 Million
Alandsbanken Abp B HE:ALBBV	$435.57 Million
China Merchants Port Group Co Ltd SHE:201872	$435.40 Million
Guangdong Provincial Expressway Development Co Ltd SHE:200429	$435.40 Million
Csd Water Service Co Ltd SHG:603903	$435.26 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 2025 to 2026, total equity changed from 34,888,400,000 to 35,518,900,000, a change of 630,500,000 (1.8%).
Net income of 4,724,600,000 contributed positively to equity growth.
Dividend payments of 1,147,300,000 reduced retained earnings.
Share repurchases of 3,022,300,000 reduced equity.
New share issuances of 119,700,000 increased equity.
Other comprehensive income decreased equity by 98,000,001.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs4.72 Billion	+13.3%
Dividends Paid	Rs1.15 Billion	-3.23%
Share Repurchases	Rs3.02 Billion	-8.51%
Share Issuances	Rs119.70 Million	+0.34%
Other Comprehensive Income	Rs-98.00 Million	-0.28%
Other Changes	Rs53.80 Million	+0.15%
Total Change	Rs-	1.81%

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: 1.17x
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 18.95x to 1.17x 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	Rs23.19	Rs439.55	x
2005-03-31	Rs24.10	Rs439.55	x
2006-03-31	Rs27.57	Rs439.55	x
2007-03-31	Rs18.88	Rs439.55	x
2008-03-31	Rs24.89	Rs439.55	x
2009-03-31	Rs67.43	Rs439.55	x
2010-03-31	Rs82.99	Rs439.55	x
2011-03-31	Rs79.44	Rs439.55	x
2012-03-31	Rs48.19	Rs439.55	x
2013-03-31	Rs56.65	Rs439.55	x
2014-03-31	Rs58.72	Rs439.55	x
2015-03-31	Rs77.00	Rs439.55	x
2016-03-31	Rs98.54	Rs439.55	x
2017-03-31	Rs133.79	Rs439.55	x
2018-03-31	Rs163.88	Rs439.55	x
2019-03-31	Rs194.97	Rs439.55	x
2020-03-31	Rs219.47	Rs439.55	x
2021-03-31	Rs260.78	Rs439.55	x
2022-03-31	Rs308.47	Rs439.55	x
2023-03-31	Rs416.04	Rs439.55	x
2024-03-31	Rs312.63	Rs439.55	x
2025-03-31	Rs365.24	Rs439.55	x
2026-03-31	Rs377.17	Rs439.55	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): 13.30%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 15.42%
• Asset Turnover: 0.71x
• Equity Multiplier: 1.21x
Recent ROE (13.30%) is below the historical average (18.48%), 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	Rs-6.49 Million
2005	13.11%	5.78%	0.75x	3.04x	Rs71.21 Million
2006	36.01%	13.80%	0.54x	4.86x	Rs694.49 Million
2007	35.29%	14.99%	0.16x	14.58x	Rs520.77 Million
2008	17.17%	1.67%	1.11x	9.24x	Rs218.90 Million
2009	1.86%	1.06%	0.45x	3.85x	Rs-682.87 Million
2010	8.27%	5.98%	0.41x	3.35x	Rs-165.98 Million
2011	4.57%	2.55%	0.49x	3.70x	Rs-454.91 Million
2012	9.23%	2.25%	0.67x	6.15x	Rs-37.03 Million
2013	12.60%	3.14%	0.79x	5.08x	Rs147.06 Million
2014	18.48%	4.83%	0.75x	5.13x	Rs497.93 Million
2015	23.62%	7.66%	0.83x	3.70x	Rs1.05 Billion
2016	26.14%	10.07%	0.87x	2.99x	Rs1.59 Billion
2017	28.22%	13.52%	0.80x	2.60x	Rs2.45 Billion
2018	22.12%	12.11%	0.81x	2.25x	Rs1.95 Billion
2019	18.21%	10.49%	0.84x	2.07x	Rs1.58 Billion
2020	18.46%	12.00%	0.79x	1.94x	Rs1.82 Billion
2021	13.13%	13.09%	0.63x	1.60x	Rs776.95 Million
2022	22.06%	17.20%	0.76x	1.69x	Rs3.55 Billion
2023	28.86%	25.11%	0.89x	1.30x	Rs7.46 Billion
2024	26.65%	23.10%	0.91x	1.27x	Rs4.96 Billion
2025	17.89%	19.61%	0.76x	1.20x	Rs2.75 Billion
2026	13.30%	15.42%	0.71x	1.21x	Rs1.17 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: $11,777,939,056
Average return on equity (ROE) among peers: 20.61%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
GHCL Limited (GHCL)	Rs35.52 Billion	9.71%	0.21x	$435.73 Million
Archean Chemical Industries Limited (ACI)	$19.33 Billion	5.53%	0.38x	$700.22 Million
The Andhra Sugars Limited (ANDHRSUGAR)	$6.35 Billion	17.21%	1.15x	$123.89 Million
Bhansali Engineering Polymers Limited (BEPL)	$10.02 Billion	17.96%	0.10x	$288.13 Million
Chemplast Sanmar Limited (CHEMPLASTS)	$2.46 Billion	7.18%	2.72x	$384.86 Million
DCW Limited (DCW)	$3.75 Billion	18.05%	1.78x	$190.02 Million
Deepak Fertilizers and Petrochemicals Corporation Limited (DEEPAKFERT)	$62.54 Billion	14.93%	1.10x	$2.08 Billion
DIAMINES AND CHEMICALS ORD (BSE) (DIAMINESQ)	$210.14 Million	44.52%	1.62x	$26.51 Million
DMCC SPECIALITY CHEMICALS LIMITED (DMCC)	$1.98 Billion	3.50%	1.02x	$67.27 Million
Epigral Ltd. (EPIGRAL)	$10.69 Billion	33.05%	1.28x	$532.76 Million
Foseco India Limited (FOSECOIND)	$451.96 Million	44.18%	0.86x	$423.21 Million

About GHCL Limited

NSE:GHCL India Chemicals

Market Cap

$435.73 Million

Rs40.29 Billion INR

Market Cap Rank

#13129 Global

#638 in India

Share Price

Rs439.55

Change (1 day)

-1.24%

52-Week Range

Rs419.40 - Rs656.55

All Time High

Rs758.50