Ginni Filaments Limited (GINNIFILA) - Net Assets
Based on the latest financial reports, Ginni Filaments Limited (GINNIFILA) has net assets worth Rs2.36 Billion INR (≈ $25.48 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 (Rs3.29 Billion ≈ $35.54 Million USD) and total liabilities (Rs930.87 Million ≈ $10.07 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 GINNIFILA PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs2.36 Billion |
| % of Total Assets | 71.68% |
| Annual Growth Rate | 3.04% |
| 5-Year Change | -19.52% |
| 10-Year Change | 41.19% |
| Growth Volatility | 17.35 |
Ginni Filaments Limited - Net Assets Trend (2006–2026)
This chart illustrates how Ginni Filaments Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see GINNIFILA stock market capitalisation.
Annual Net Assets for Ginni Filaments Limited (2006–2026)
The table below shows the annual net assets of Ginni Filaments Limited from 2006 to 2026. Also explore net asset momentum of Ginni Filaments Limited to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs2.36 Billion ≈ $25.48 Million |
+18.16% |
| 2025-03-31 | Rs1.99 Billion ≈ $21.56 Million |
+2.43% |
| 2024-03-31 | Rs1.95 Billion ≈ $21.05 Million |
-30.21% |
| 2023-03-31 | Rs2.79 Billion ≈ $30.16 Million |
-4.72% |
| 2022-03-31 | Rs2.93 Billion ≈ $31.66 Million |
+22.64% |
| 2021-03-31 | Rs2.39 Billion ≈ $25.81 Million |
+28.65% |
| 2020-03-31 | Rs1.86 Billion ≈ $20.06 Million |
+3.71% |
| 2019-03-31 | Rs1.79 Billion ≈ $19.35 Million |
+0.04% |
| 2018-03-31 | Rs1.79 Billion ≈ $19.34 Million |
+7.18% |
| 2017-03-31 | Rs1.67 Billion ≈ $18.04 Million |
+12.05% |
| 2016-03-31 | Rs1.49 Billion ≈ $16.10 Million |
+3.04% |
| 2015-03-31 | Rs1.45 Billion ≈ $15.63 Million |
+5.69% |
| 2014-03-31 | Rs1.37 Billion ≈ $14.79 Million |
+36.11% |
| 2013-03-31 | Rs1.00 Billion ≈ $10.86 Million |
+21.15% |
| 2012-03-31 | Rs829.20 Million ≈ $8.97 Million |
-34.50% |
| 2011-03-31 | Rs1.27 Billion ≈ $13.69 Million |
-13.67% |
| 2010-03-31 | Rs1.47 Billion ≈ $15.86 Million |
+20.82% |
| 2009-03-31 | Rs1.21 Billion ≈ $13.12 Million |
0.00% |
| 2008-03-31 | Rs1.21 Billion ≈ $13.12 Million |
-5.52% |
| 2007-03-31 | Rs1.28 Billion ≈ $13.89 Million |
-0.73% |
| 2006-03-31 | Rs1.29 Billion ≈ $13.99 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Ginni Filaments 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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs856.50 Million | 36.36% |
| Other Components | Rs1.50 Billion | 63.64% |
| Total Equity | Rs2.36 Billion | 100.00% |
Ginni Filaments Limited Competitors by Market Cap
The table below lists competitors of Ginni Filaments Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Summa Silver Corp
V:SSVR
|
$38.04 Million |
|
Microvision Inc
NASDAQ:MVIS
|
$38.06 Million |
|
MS Industrie AG
F:MSAG
|
$38.06 Million |
|
Aarvee Denims & Exports Limited
NSE:AARVEEDEN
|
$38.07 Million |
|
Crest Group Berhad
KLSE:0323
|
$38.03 Million |
|
Siyata Mobile Inc
NASDAQ:SYTA
|
$38.03 Million |
|
Aimei Health Technology Co., Ltd Ordinary Share
NASDAQ:AFJK
|
$38.03 Million |
|
AlphaTime Acquisition Corp Ordinary Shares
NASDAQ:ATMC
|
$38.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ginni Filaments Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 1,993,659,000 to 2,355,640,000, a change of 361,981,000 (18.2%).
- Net income of 370,377,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 392,832,999.
- Other factors increased equity by 384,436,999.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs370.38 Million | +15.72% |
| Other Comprehensive Income | Rs-392.83 Million | -16.68% |
| Other Changes | Rs384.44 Million | +16.32% |
| Total Change | Rs- | 18.16% |
Book Value vs Market Value Analysis
This analysis compares Ginni Filaments 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: 1.49x
- 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 1.88x to 1.49x 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 | Rs21.83 | Rs41.06 | x |
| 2007-03-31 | Rs21.67 | Rs41.06 | x |
| 2008-03-31 | Rs20.48 | Rs41.06 | x |
| 2009-03-31 | Rs20.48 | Rs41.06 | x |
| 2010-03-31 | Rs20.75 | Rs41.06 | x |
| 2011-03-31 | Rs17.92 | Rs41.06 | x |
| 2012-03-31 | Rs11.74 | Rs41.06 | x |
| 2013-03-31 | Rs14.22 | Rs41.06 | x |
| 2014-03-31 | Rs19.35 | Rs41.06 | x |
| 2015-03-31 | Rs20.45 | Rs41.06 | x |
| 2016-03-31 | Rs21.08 | Rs41.06 | x |
| 2017-03-31 | Rs23.62 | Rs41.06 | x |
| 2018-03-31 | Rs25.31 | Rs41.06 | x |
| 2019-03-31 | Rs25.32 | Rs41.06 | x |
| 2020-03-31 | Rs26.26 | Rs41.06 | x |
| 2021-03-31 | Rs33.50 | Rs41.06 | x |
| 2022-03-31 | Rs35.21 | Rs41.06 | x |
| 2023-03-31 | Rs32.56 | Rs41.06 | x |
| 2024-03-31 | Rs22.74 | Rs41.06 | x |
| 2025-03-31 | Rs23.29 | Rs41.06 | x |
| 2026-03-31 | Rs27.48 | Rs41.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ginni Filaments 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): 15.72%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.05%
- • Asset Turnover: 1.12x
- • Equity Multiplier: 1.40x
- Recent ROE (15.72%) is above the historical average (0.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 4.32% | 2.96% | 0.61x | 2.41x | Rs-73.49 Million |
| 2007 | 2.07% | 1.21% | 0.44x | 3.87x | Rs-101.79 Million |
| 2008 | -14.53% | -5.78% | 0.56x | 4.46x | Rs-297.67 Million |
| 2009 | -26.04% | -7.74% | 0.73x | 4.62x | Rs-437.33 Million |
| 2010 | 3.33% | 0.96% | 0.81x | 4.26x | Rs-97.79 Million |
| 2011 | 15.97% | 2.92% | 1.04x | 5.26x | Rs75.59 Million |
| 2012 | -52.66% | -6.31% | 1.29x | 6.47x | Rs-519.59 Million |
| 2013 | 17.46% | 2.35% | 1.29x | 5.76x | Rs74.90 Million |
| 2014 | 26.53% | 4.18% | 1.43x | 4.43x | Rs225.99 Million |
| 2015 | 5.38% | 0.92% | 1.50x | 3.91x | Rs-66.74 Million |
| 2016 | 2.95% | 0.59% | 1.42x | 3.54x | Rs-104.93 Million |
| 2017 | 9.68% | 2.14% | 1.36x | 3.31x | Rs-5.36 Million |
| 2018 | 1.49% | 0.38% | 1.22x | 3.20x | Rs-152.25 Million |
| 2019 | -1.95% | -0.44% | 1.36x | 3.29x | Rs-213.83 Million |
| 2020 | 3.07% | 0.73% | 1.31x | 3.20x | Rs-128.53 Million |
| 2021 | 17.30% | 5.33% | 1.33x | 2.44x | Rs174.29 Million |
| 2022 | 16.52% | 4.52% | 1.38x | 2.65x | Rs190.92 Million |
| 2023 | -5.14% | -3.94% | 0.57x | 2.28x | Rs-422.20 Million |
| 2024 | -43.41% | -24.57% | 0.97x | 1.82x | Rs-1.04 Billion |
| 2025 | 2.10% | 1.12% | 1.11x | 1.69x | Rs-157.41 Million |
| 2026 | 15.72% | 10.05% | 1.12x | 1.40x | Rs134.81 Million |
Industry Comparison
This section compares Ginni Filaments Limited's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $-11,010,447,814
- Average return on equity (ROE) among peers: 6.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ginni Filaments Limited (GINNIFILA) | Rs2.36 Billion | 4.32% | 0.40x | $38.03 Million |
| Aarvee Denims & Exports Limited (AARVEEDEN) | $2.15 Billion | 6.53% | 2.28x | $38.07 Million |
| Akshar Spintex Limited (AKSHAR) | $362.57 Million | 3.43% | 1.02x | $3.58 Million |
| Alok Industries Limited (ALOKINDS) | $-123.08 Billion | 0.00% | 0.00x | $401.65 Million |
| Alps Industries Limited (ALPSINDUS) | $-4.43 Billion | 0.00% | 0.00x | $14.51 Million |
| Axita Cotton Limited (AXITA) | $38.36 Million | 30.20% | 4.91x | $33.07 Million |
| AYM Syntex Limited (AYMSYNTEX) | $645.68 Million | -4.50% | 2.27x | $171.66 Million |
| Banswara Syntex Limited (BANSWRAS) | $1.75 Billion | 8.49% | 4.79x | $40.48 Million |
| Bannari Amman Spinning Mills Limited (BASML) | $2.81 Billion | 7.19% | 2.63x | $20.24 Million |
| Bombay Dyeing & Mfg Company Limited (BOMDYEING) | $3.42 Billion | 7.77% | 1.45x | $239.35 Million |
| Cheviot Company Limited (CHEVIOT) | $6.23 Billion | 7.72% | 0.09x | $74.24 Million |
About Ginni Filaments Limited
Ginni Filaments Limited engages in the manufacture and sale of textile products in India and internationally. The company offers non-woven fabrics comprising viscose-polyester blends, polyester, viscose, and cotton enriched blends that are used in personal care, hygiene, and medical industries. It also provides garments; wipes and cosmetics; and hygiene, hair care, skin care, body care, women car… Read more