Ginni Filaments Limited (GINNIFILA) - Net Assets
Based on the latest financial reports, Ginni Filaments Limited (GINNIFILA) has net assets worth Rs2.20 Billion INR (≈ $23.82 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs3.06 Billion ≈ $33.15 Million USD) and total liabilities (Rs862.14 Million ≈ $9.32 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 Ginni Filaments Limited balance sheet assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs2.20 Billion |
| % of Total Assets | 71.87% |
| Annual Growth Rate | 2.3% |
| 5-Year Change | -16.47% |
| 10-Year Change | 33.89% |
| Growth Volatility | 17.52 |
Ginni Filaments Limited - Net Assets Trend (2006–2025)
This chart illustrates how Ginni Filaments Limited's net assets have evolved over time, based on quarterly financial data. Check GINNIFILA goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Ginni Filaments Limited (2006–2025)
The table below shows the annual net assets of Ginni Filaments Limited from 2006 to 2025. For live valuation and market cap data, see GINNIFILA market cap.
| Year | Net Assets | Change |
|---|---|---|
| 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 grown by 7808100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs78.08 Million | 3.92% |
| Common Stock | Rs856.50 Million | 42.96% |
| Other Comprehensive Income | Rs392.83 Million | 19.70% |
| Other Components | Rs666.24 Million | 33.42% |
| Total Equity | Rs1.99 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 |
|---|---|
|
HLB Global Co Ltd
KO:003580
|
$42.31 Million |
|
Quality & Reliability A.B.E.E
AT:QUAL
|
$42.31 Million |
|
The Generation Essentials Group
NYSE:TGE
|
$42.32 Million |
|
Sambo Motors Co. Ltd
KQ:053700
|
$42.32 Million |
|
Lohakit Metal Public Company Limited
BK:LHK
|
$42.26 Million |
|
Lion One Metals Limited
V:LIO
|
$42.26 Million |
|
Greatland Resources Limited
LSE:GGP
|
$42.25 Million |
|
Poh Huat Resources Holdings
KLSE:7088
|
$42.24 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 2024 to 2025, total equity changed from 1,946,390,000 to 1,993,659,000, a change of 47,269,000 (2.4%).
- Net income of 41,953,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 5,315,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs41.95 Million | +2.1% |
| Other Comprehensive Income | Rs5.32 Million | +0.27% |
| Other Changes | Rs1.00 | +0.0% |
| Total Change | Rs- | 2.43% |
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: 1.96x
- 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 2.09x to 1.96x 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 | Rs45.63 | x |
| 2007-03-31 | Rs21.67 | Rs45.63 | x |
| 2008-03-31 | Rs20.48 | Rs45.63 | x |
| 2009-03-31 | Rs20.48 | Rs45.63 | x |
| 2010-03-31 | Rs20.75 | Rs45.63 | x |
| 2011-03-31 | Rs17.92 | Rs45.63 | x |
| 2012-03-31 | Rs11.74 | Rs45.63 | x |
| 2013-03-31 | Rs14.22 | Rs45.63 | x |
| 2014-03-31 | Rs19.35 | Rs45.63 | x |
| 2015-03-31 | Rs20.45 | Rs45.63 | x |
| 2016-03-31 | Rs21.08 | Rs45.63 | x |
| 2017-03-31 | Rs23.62 | Rs45.63 | x |
| 2018-03-31 | Rs25.31 | Rs45.63 | x |
| 2019-03-31 | Rs25.32 | Rs45.63 | x |
| 2020-03-31 | Rs26.26 | Rs45.63 | x |
| 2021-03-31 | Rs33.50 | Rs45.63 | x |
| 2022-03-31 | Rs35.21 | Rs45.63 | x |
| 2023-03-31 | Rs32.56 | Rs45.63 | x |
| 2024-03-31 | Rs22.74 | Rs45.63 | x |
| 2025-03-31 | Rs23.29 | Rs45.63 | 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): 2.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.12%
- • Asset Turnover: 1.11x
- • Equity Multiplier: 1.69x
- Recent ROE (2.10%) is above the historical average (-0.78%), 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 |
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: $2,544,165,434
- Average return on equity (ROE) among peers: 12.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ginni Filaments Limited (GINNIFILA) | Rs2.20 Billion | 4.32% | 0.39x | $42.27 Million |
| Aarvee Denims & Exports Limited (AARVEEDEN) | $1.64 Billion | 14.01% | 1.91x | $38.07 Million |
| Akshar Spintex Limited (AKSHAR) | $345.07 Million | 24.78% | 1.28x | $3.32 Million |
| Alok Industries Limited (ALOKINDS) | $10.23 Billion | 16.10% | 3.69x | $640.07 Million |
| Alps Industries Limited (ALPSINDUS) | $-8.30 Billion | 0.00% | 0.00x | $14.51 Million |
| Axita Cotton Limited (AXITA) | $523.70 Million | 32.53% | 0.54x | $30.29 Million |
| AYM Syntex Limited (AYMSYNTEX) | $4.20 Billion | 1.70% | 1.19x | $159.62 Million |
| Banswara Syntex Limited (BANSWRAS) | $5.59 Billion | 3.96% | 1.14x | $45.78 Million |
| Bannari Amman Spinning Mills Limited (BASML) | $1.65 Billion | 10.33% | 1.72x | $23.22 Million |
| Bombay Dyeing & Mfg Company Limited (BOMDYEING) | $4.03 Billion | 8.92% | 3.42x | $271.45 Million |
| Cheviot Company Limited (CHEVIOT) | $5.53 Billion | 14.35% | 0.10x | $69.91 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