Gillanders Arbuthnot & Company Limited (GILLANDERS) - Net Assets

Latest as of March 2026: Rs2.58 Billion INR ≈ $27.90 Million USD

Based on the latest financial reports, Gillanders Arbuthnot & Company Limited (GILLANDERS) has net assets worth Rs2.58 Billion INR (≈ $27.90 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 (Rs5.53 Billion ≈ $59.79 Million USD) and total liabilities (Rs2.95 Billion ≈ $31.90 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 GILLANDERS asset base for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs2.58 Billion
% of Total Assets	46.65%
Annual Growth Rate	4.47%
5-Year Change	-4.41%
10-Year Change	28.6%
Growth Volatility	19.08

Gillanders Arbuthnot & Company Limited - Net Assets Trend (2006–2026)

This chart illustrates how Gillanders Arbuthnot & Company Limited's net assets have evolved over time, based on quarterly financial data. Check Gillanders Arbuthnot & Company Limited (GILLANDERS) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Gillanders Arbuthnot & Company Limited (2006–2026)

The table below shows the annual net assets of Gillanders Arbuthnot & Company Limited from 2006 to 2026. For live valuation and market cap data, see Gillanders Arbuthnot & Company Limited (GILLANDERS) market capitalisation.

Year	Net Assets	Change
2026-03-31	Rs2.58 Billion ≈ $27.90 Million	+5.20%
2025-03-31	Rs2.45 Billion ≈ $26.52 Million	+12.75%
2024-03-31	Rs2.17 Billion ≈ $23.52 Million	-21.44%
2023-03-31	Rs2.77 Billion ≈ $29.93 Million	+2.57%
2022-03-31	Rs2.70 Billion ≈ $29.18 Million	+6.81%
2021-03-31	Rs2.53 Billion ≈ $27.32 Million	-8.45%
2020-03-31	Rs2.76 Billion ≈ $29.84 Million	-4.55%
2019-03-31	Rs2.89 Billion ≈ $31.27 Million	-0.98%
2018-03-31	Rs2.92 Billion ≈ $31.58 Million	+45.57%
2017-03-31	Rs2.01 Billion ≈ $21.69 Million	+12.64%
2016-03-31	Rs1.78 Billion ≈ $19.26 Million	-38.50%
2015-03-31	Rs2.90 Billion ≈ $31.31 Million	+32.17%
2014-03-31	Rs2.19 Billion ≈ $23.69 Million	+1.63%
2013-03-31	Rs2.16 Billion ≈ $23.31 Million	+7.70%
2012-03-31	Rs2.00 Billion ≈ $21.64 Million	-15.03%
2011-03-31	Rs2.36 Billion ≈ $25.47 Million	+40.22%
2010-03-31	Rs1.68 Billion ≈ $18.17 Million	+11.17%
2009-03-31	Rs1.51 Billion ≈ $16.34 Million	+6.36%
2008-03-31	Rs1.42 Billion ≈ $15.36 Million	+16.48%
2007-03-31	Rs1.22 Billion ≈ $13.19 Million	+13.42%
2006-03-31	Rs1.08 Billion ≈ $11.63 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Gillanders Arbuthnot & Company 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 9278.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Retained Earnings	Rs580.83 Million	22.52%
Common Stock	Rs213.42 Million	8.27%
Other Comprehensive Income	Rs1.79 Billion	69.21%
Total Equity	Rs2.58 Billion	100.00%

Gillanders Arbuthnot & Company Limited Competitors by Market Cap

The table below lists competitors of Gillanders Arbuthnot & Company Limited ranked by their market capitalization.

Company	Market Cap
GREMI MEDIA S.A. ZY 4 F:4C8	$20.61 Million
VACCITECH (SP.ADR)/1 F:2AB	$20.62 Million
Pure Hydrogen Corporation Ltd AU:PH2	$20.63 Million
Advance Metals Ltd AU:AVM	$20.67 Million
EnWave Corporation V:ENW	$20.61 Million
Attica Publications S.A AT:ATEK	$20.57 Million
Signetics Corporation KQ:033170	$20.57 Million
BBC Co. Ltd. KQ:318410	$20.56 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Gillanders Arbuthnot & Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 2,451,818,000 to 2,579,411,000, a change of 127,593,000 (5.2%).
Net income of 94,653,000 contributed positively to equity growth.
Other comprehensive income increased equity by 23,885,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs94.65 Million	+3.67%
Other Comprehensive Income	Rs23.89 Million	+0.93%
Other Changes	Rs9.05 Million	+0.35%
Total Change	Rs-	5.20%

Book Value vs Market Value Analysis

This analysis compares Gillanders Arbuthnot & Company 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: 0.74x
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 1.41x to 0.74x 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	Rs63.27	Rs89.31	x
2007-03-31	Rs72.45	Rs89.31	x
2008-03-31	Rs67.30	Rs89.31	x
2009-03-31	Rs70.80	Rs89.31	x
2010-03-31	Rs78.71	Rs89.31	x
2011-03-31	Rs98.78	Rs89.31	x
2012-03-31	Rs93.77	Rs89.31	x
2013-03-31	Rs100.99	Rs89.31	x
2014-03-31	Rs102.64	Rs89.31	x
2015-03-31	Rs135.66	Rs89.31	x
2016-03-31	Rs83.43	Rs89.31	x
2017-03-31	Rs93.98	Rs89.31	x
2018-03-31	Rs136.80	Rs89.31	x
2019-03-31	Rs135.46	Rs89.31	x
2020-03-31	Rs129.30	Rs89.31	x
2021-03-31	Rs118.37	Rs89.31	x
2022-03-31	Rs126.44	Rs89.31	x
2023-03-31	Rs129.69	Rs89.31	x
2024-03-31	Rs101.89	Rs89.31	x
2025-03-31	Rs114.88	Rs89.31	x
2026-03-31	Rs120.73	Rs89.31	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Gillanders Arbuthnot & Company 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): 3.67%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.20%
• Asset Turnover: 0.78x
• Equity Multiplier: 2.14x
Recent ROE (3.67%) is above the historical average (1.27%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	5.21%	1.73%	1.23x	2.45x	Rs-51.07 Million
2007	6.35%	2.99%	1.11x	1.91x	Rs-44.50 Million
2008	10.43%	3.76%	0.98x	2.82x	Rs6.07 Million
2009	10.94%	3.51%	0.99x	3.15x	Rs14.26 Million
2010	15.10%	4.18%	1.12x	3.23x	Rs85.63 Million
2011	25.71%	7.34%	1.14x	3.08x	Rs331.11 Million
2012	-4.63%	-1.38%	1.14x	2.95x	Rs-292.81 Million
2013	9.55%	2.63%	1.14x	3.18x	Rs-9.63 Million
2014	2.55%	0.59%	1.23x	3.51x	Rs-163.26 Million
2015	-3.07%	-1.01%	0.89x	3.40x	Rs-378.30 Million
2016	-31.09%	-6.77%	0.95x	4.86x	Rs-731.60 Million
2017	-9.40%	-2.79%	0.81x	4.16x	Rs-389.11 Million
2018	-2.93%	-1.31%	0.70x	3.23x	Rs-377.64 Million
2019	0.11%	0.04%	0.80x	3.20x	Rs-285.87 Million
2020	-5.52%	-2.31%	0.77x	3.10x	Rs-428.14 Million
2021	-6.18%	-3.65%	0.69x	2.47x	Rs-408.89 Million
2022	6.06%	4.07%	0.67x	2.21x	Rs-106.44 Million
2023	5.36%	3.30%	0.82x	1.99x	Rs-128.56 Million
2024	-22.36%	-13.38%	0.76x	2.19x	Rs-703.67 Million
2025	10.90%	6.03%	0.86x	2.10x	Rs22.03 Million
2026	3.67%	2.20%	0.78x	2.14x	Rs-163.29 Million

Industry Comparison

This section compares Gillanders Arbuthnot & Company Limited's net assets metrics with peer companies in the Farm Products industry.

Industry Context

Industry: Farm Products
Average net assets among peers: $2,260,527,778
Average return on equity (ROE) among peers: 4.55%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Gillanders Arbuthnot & Company Limited (GILLANDERS)	Rs2.58 Billion	5.21%	1.14x	$20.61 Million
Agri-Tech (India) Limited (AGRITECH)	$1.00 Billion	-1.11%	0.02x	$7.04 Million
Apex Frozen Foods Limited (APEX)	$4.97 Billion	2.94%	0.27x	$125.55 Million
Aspinwall and Company Limited (ASPINWALL)	$1.54 Billion	9.92%	0.56x	$19.75 Million
Dhampur Bio Organics Limited (DBOL)	$8.77 Billion	11.66%	1.28x	$69.66 Million
The Grob Tea Company Limited (GROBTEA)	$786.77 Million	-0.01%	0.31x	$11.56 Million
Harrisons Malayalam Limited (HARRMALAYA)	$788.86 Million	11.74%	4.11x	$43.02 Million
Mangalam Global Enterprise Limited (MGEL)	$608.98 Million	5.15%	1.12x	$56.85 Million
Norben Tea & Exports Limited (NORBTEAEXP)	$163.21 Million	-1.08%	0.72x	$11.53 Million
The Peria Karamalai Tea & Produce Company Limited (PKTEA)	$1.71 Billion	1.71%	0.19x	$22.65 Million

About Gillanders Arbuthnot & Company Limited

NSE:GILLANDERS India Farm Products

Market Cap

$20.61 Million

Rs1.91 Billion INR

Market Cap Rank

#24950 Global

#1387 in India

Share Price

Rs89.31

Change (1 day)

+0.72%

52-Week Range

Rs76.69 - Rs143.10

All Time High

Rs153.35