GIC Housing Finance Limited
GIC Housing Finance Limited provides housing finance services in India. The company grants housing loans to individuals, cooperative societies, association of persons, companies, and corporations for purchase of plots, houses, flats, apartments and construction, repair, renovation, upgradation of houses, and flats or apartments for residential purpose. It also provides home loans comprising indiv… Read more
GIC Housing Finance Limited (GICHSGFIN) - Net Assets
Latest net assets as of September 2025: ₹19.98 Billion INR
Based on the latest financial reports, GIC Housing Finance Limited (GICHSGFIN) has net assets worth ₹19.98 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 (₹110.82 Billion) and total liabilities (₹90.84 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 | ₹19.98 Billion |
| % of Total Assets | 18.03% |
| Annual Growth Rate | 14.61% |
| 5-Year Change | 44.71% |
| 10-Year Change | 168.49% |
| Growth Volatility | 19.52 |
GIC Housing Finance Limited - Net Assets Trend (2006–2025)
This chart illustrates how GIC Housing Finance 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 GIC Housing Finance Limited (2006–2025)
The table below shows the annual net assets of GIC Housing Finance Limited from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹19.65 Billion | +7.44% |
| 2024-03-31 | ₹18.29 Billion | +7.62% |
| 2023-03-31 | ₹16.99 Billion | +12.48% |
| 2022-03-31 | ₹15.11 Billion | +11.26% |
| 2021-03-31 | ₹13.58 Billion | +7.50% |
| 2020-03-31 | ₹12.63 Billion | +0.72% |
| 2019-03-31 | ₹12.54 Billion | +26.64% |
| 2018-03-31 | ₹9.90 Billion | +4.83% |
| 2017-03-31 | ₹9.45 Billion | +29.08% |
| 2016-03-31 | ₹7.32 Billion | +10.82% |
| 2015-03-31 | ₹6.60 Billion | +8.17% |
| 2014-03-31 | ₹6.10 Billion | +10.85% |
| 2013-03-31 | ₹5.51 Billion | +10.77% |
| 2012-03-31 | ₹4.97 Billion | +6.62% |
| 2011-03-31 | ₹4.66 Billion | +20.50% |
| 2010-03-31 | ₹3.87 Billion | +11.16% |
| 2009-03-31 | ₹3.48 Billion | +10.06% |
| 2008-03-31 | ₹3.16 Billion | +10.94% |
| 2007-03-31 | ₹2.85 Billion | +93.52% |
| 2006-03-31 | ₹1.47 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to GIC Housing Finance 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 27880000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹278.80 Million | 1.42% |
| Common Stock | ₹538.50 Million | 2.74% |
| Other Comprehensive Income | ₹17.66 Billion | 89.89% |
| Other Components | ₹1.17 Billion | 5.96% |
| Total Equity | ₹19.65 Billion | 100.00% |
GIC Housing Finance Limited Competitors by Market Cap
The table below lists competitors of GIC Housing Finance Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Daewonkangup
KO:000430
|
$58.61 Million |
|
PT Sinergi Inti Andalan Prima Tbk
JK:INET
|
$58.63 Million |
|
Motorcycle Holdings Ltd
AU:MTO
|
$58.64 Million |
|
Sensorion SA
PA:ALSEN
|
$58.66 Million |
|
Muthoot Microfin Limited
NSE:MUTHOOTMF
|
$58.56 Million |
|
SDI Group plc
PINK:SDIIF
|
$58.54 Million |
|
AS Tallinna Vesi
F:A1T
|
$58.54 Million |
|
RS Public Company Limited
BK:RS-R
|
$58.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GIC Housing Finance Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 18,288,300,000 to 19,648,400,000, a change of 1,360,100,000 (7.4%).
- Net income of 1,604,200,000 contributed positively to equity growth.
- Dividend payments of 242,300,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,348,200,000.
- Other factors decreased equity by 1,350,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹1.60 Billion | +8.16% |
| Dividends Paid | ₹242.30 Million | -1.23% |
| Other Comprehensive Income | ₹1.35 Billion | +6.86% |
| Other Changes | ₹-1.35 Billion | -6.87% |
| Total Change | ₹- | 7.44% |
Book Value vs Market Value Analysis
This analysis compares GIC Housing Finance 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: 0.40x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 4.95x to 0.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | ₹29.27 | ₹144.80 | x |
| 2007-03-31 | ₹56.64 | ₹144.80 | x |
| 2008-03-31 | ₹58.74 | ₹144.80 | x |
| 2009-03-31 | ₹64.65 | ₹144.80 | x |
| 2010-03-31 | ₹71.86 | ₹144.80 | x |
| 2011-03-31 | ₹86.52 | ₹144.80 | x |
| 2012-03-31 | ₹92.24 | ₹144.80 | x |
| 2013-03-31 | ₹102.18 | ₹144.80 | x |
| 2014-03-31 | ₹113.36 | ₹144.80 | x |
| 2015-03-31 | ₹122.63 | ₹144.80 | x |
| 2016-03-31 | ₹135.89 | ₹144.80 | x |
| 2017-03-31 | ₹175.41 | ₹144.80 | x |
| 2018-03-31 | ₹183.88 | ₹144.80 | x |
| 2019-03-31 | ₹232.86 | ₹144.80 | x |
| 2020-03-31 | ₹234.55 | ₹144.80 | x |
| 2021-03-31 | ₹252.14 | ₹144.80 | x |
| 2022-03-31 | ₹280.54 | ₹144.80 | x |
| 2023-03-31 | ₹315.56 | ₹144.80 | x |
| 2024-03-31 | ₹339.61 | ₹144.80 | x |
| 2025-03-31 | ₹364.87 | ₹144.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GIC Housing Finance 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): 8.16%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.47%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 5.48x
- Recent ROE (8.16%) is below the historical average (14.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 22.46% | 21.10% | 0.09x | 12.06x | ₹183.61 Million |
| 2007 | 17.56% | 66.30% | 0.04x | 7.38x | ₹215.60 Million |
| 2008 | 17.83% | 60.64% | 0.04x | 7.93x | ₹247.64 Million |
| 2009 | 16.41% | 59.87% | 0.03x | 8.40x | ₹223.27 Million |
| 2010 | 17.34% | 59.85% | 0.04x | 7.89x | ₹283.95 Million |
| 2011 | 24.40% | 65.08% | 0.05x | 7.99x | ₹671.28 Million |
| 2012 | 11.87% | 13.54% | 0.10x | 8.61x | ₹93.20 Million |
| 2013 | 15.44% | 16.03% | 0.11x | 8.63x | ₹299.57 Million |
| 2014 | 15.98% | 15.64% | 0.11x | 9.04x | ₹365.02 Million |
| 2015 | 15.59% | 14.09% | 0.11x | 10.18x | ₹369.23 Million |
| 2016 | 17.01% | 14.24% | 0.11x | 10.96x | ₹513.20 Million |
| 2017 | 15.64% | 14.77% | 0.11x | 9.76x | ₹532.72 Million |
| 2018 | 20.77% | 18.56% | 0.10x | 11.47x | ₹1.07 Billion |
| 2019 | 13.70% | 14.03% | 0.09x | 10.34x | ₹464.10 Million |
| 2020 | 3.61% | 3.66% | 0.10x | 10.37x | ₹-806.99 Million |
| 2021 | 7.77% | 8.66% | 0.10x | 9.31x | ₹-302.12 Million |
| 2022 | 11.48% | 15.25% | 0.10x | 7.90x | ₹224.34 Million |
| 2023 | 12.55% | 19.65% | 0.10x | 6.43x | ₹433.20 Million |
| 2024 | 8.28% | 14.67% | 0.10x | 5.73x | ₹-315.33 Million |
| 2025 | 8.16% | 15.47% | 0.10x | 5.48x | ₹-360.64 Million |
Industry Comparison
This section compares GIC Housing Finance Limited's net assets metrics with peer companies in the Mortgage Finance industry.
Industry Context
- Industry: Mortgage Finance
- Average net assets among peers: $43,243,180,111
- Average return on equity (ROE) among peers: 11.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GIC Housing Finance Limited (GICHSGFIN) | ₹19.98 Billion | 22.46% | 4.55x | $58.58 Million |
| Aadhar Housing Finance Ltd (AADHARHFC) | $26.93 Billion | 0.00% | 4.06x | $588.72 Million |
| Aavas Financiers Limited (AAVAS) | $1.01 Billion | 18.81% | 7.40x | $497.55 Million |
| Aptus Value Housing Finance India Limited (APTUS) | $33.39 Billion | 15.06% | 1.15x | $898.91 Million |
| Bajaj Housing Finance (BAJAJHFL) | $36.58 Billion | 2.85% | 4.26x | $877.90 Million |
| Can Fin Homes Limited (CANFINHOME) | $1.74 Billion | 15.52% | 9.45x | $860.40 Million |
| Home First Finance Company India Limited (HOMEFIRST) | $5.23 Billion | 8.75% | 3.75x | $950.21 Million |
| INDIA SHELTER FINANCE CORPORATION LIMITED (INDIASHLTR) | $22.99 Billion | 10.77% | 1.52x | $357.03 Million |
| LIC Housing Finance Limited (LICHSGFIN) | $111.57 Billion | 17.41% | 12.53x | $1.73 Billion |
| PNB Housing Finance Limited (PNBHOUSING) | $149.74 Billion | 10.07% | 3.84x | $1.58 Billion |