GHCL Limited Net Assets
GHCL Limited net assets. 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. Also explore GHCL Limited (GHCL) equity growth momentum to track the company's year-over-year net asset growth rate.
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 |
Net Assets of GHCL Limited (2004–2026)
Net assets of GHCL Limited from 2004 to 2026. This chart illustrates how GHCL Limited's net assets have evolved over time, based on quarterly financial data. See GHCL Limited balance sheet independence to measure how much of total assets are equity-financed.
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 market cap and overall valuation, 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.
GHCL Limited Net Assets Breakdown (March 2026)
GHCL Limited net assets breakdown by equity component as of 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 |
|---|---|
|
Lanner Electronics
TWO:6245
|
$400.00 Million |
|
Qurient Co. Ltd
KQ:115180
|
$400.00 Million |
|
init innovation in traffic systems SE
F:IXX
|
$400.00 Million |
|
Sichuan Kexin Mechanic Electric
SHE:300092
|
$400.03 Million |
|
First Copper Technology Co Ltd
TW:2009
|
$399.38 Million |
|
Editas Medicine Inc
NASDAQ:EDIT
|
$399.31 Million |
|
PHOENIX N AG
SW:PMN
|
$399.30 Million |
|
Shinsung Tngsn
KO:005390
|
$399.30 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: 1.07x
- 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 17.38x to 1.07x 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 | Rs403.00 | x |
| 2005-03-31 | Rs24.10 | Rs403.00 | x |
| 2006-03-31 | Rs27.57 | Rs403.00 | x |
| 2007-03-31 | Rs18.88 | Rs403.00 | x |
| 2008-03-31 | Rs24.89 | Rs403.00 | x |
| 2009-03-31 | Rs67.43 | Rs403.00 | x |
| 2010-03-31 | Rs82.99 | Rs403.00 | x |
| 2011-03-31 | Rs79.44 | Rs403.00 | x |
| 2012-03-31 | Rs48.19 | Rs403.00 | x |
| 2013-03-31 | Rs56.65 | Rs403.00 | x |
| 2014-03-31 | Rs58.72 | Rs403.00 | x |
| 2015-03-31 | Rs77.00 | Rs403.00 | x |
| 2016-03-31 | Rs98.54 | Rs403.00 | x |
| 2017-03-31 | Rs133.79 | Rs403.00 | x |
| 2018-03-31 | Rs163.88 | Rs403.00 | x |
| 2019-03-31 | Rs194.97 | Rs403.00 | x |
| 2020-03-31 | Rs219.47 | Rs403.00 | x |
| 2021-03-31 | Rs260.78 | Rs403.00 | x |
| 2022-03-31 | Rs308.47 | Rs403.00 | x |
| 2023-03-31 | Rs416.04 | Rs403.00 | x |
| 2024-03-31 | Rs312.63 | Rs403.00 | x |
| 2025-03-31 | Rs365.24 | Rs403.00 | x |
| 2026-03-31 | Rs377.17 | Rs403.00 | 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: $7,211,779,700
- Average return on equity (ROE) among peers: 19.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GHCL Limited (GHCL) | Rs35.52 Billion | 9.71% | 0.21x | $399.50 Million |
| Archean Chemical Industries Limited (ACI) | $2.62 Billion | 71.76% | 4.84x | $587.33 Million |
| The Andhra Sugars Limited (ANDHRSUGAR) | $4.56 Billion | 16.88% | 1.30x | $119.20 Million |
| Bhansali Engineering Polymers Limited (BEPL) | $2.00 Billion | 5.26% | 1.02x | $284.90 Million |
| Chemplast Sanmar Limited (CHEMPLASTS) | $17.01 Billion | -9.32% | 2.55x | $341.36 Million |
| DCW Limited (DCW) | $10.75 Billion | 4.48% | 0.94x | $144.37 Million |
| Deepak Fertilizers and Petrochemicals Corporation Limited (DEEPAKFERT) | $10.59 Billion | 17.70% | 1.12x | $1.54 Billion |
| DIAMINES AND CHEMICALS ORD (BSE) (DIAMINESQ) | $849.87 Million | 24.70% | 0.12x | $24.72 Million |
| DMCC SPECIALITY CHEMICALS LIMITED (DMCC) | $630.19 Million | 27.54% | 1.36x | $63.23 Million |
| Epigral Ltd. (EPIGRAL) | $22.21 Billion | 14.94% | 0.58x | $425.87 Million |
| Foseco India Limited (FOSECOIND) | $889.73 Million | 20.03% | 0.65x | $478.28 Million |
About GHCL Limited
GHCL Limited, together with its subsidiaries, manufactures and trades inorganic chemicals in India and internationally. The company offers light soda ash, a basic industrial alkali chemical used in powdered, paste, soap and detergents, pulp and paperand chemical products; dense soda ash for use in glass manufacturing, silicate, ultramarine, and other chemical industries; and refined sodium bicarb… Read more