GNA Axles Limited
G N A Axles Limited manufactures and sells automotive transmission components for the four-wheeler industry in North America, South America, Europe, Asia, and Australia. The company offers rear axle shafts, spindles, and drive shafts. Its products are used in commercial vehicles, passenger vehicles, and off-highway vehicles. The company was incorporated in 1993 and is based in Hoshiarpur, India.
GNA Axles Limited (GNA) - Net Assets
Latest net assets as of September 2025: ₹9.42 Billion INR
Based on the latest financial reports, GNA Axles Limited (GNA) has net assets worth ₹9.42 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 (₹14.46 Billion) and total liabilities (₹5.04 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 | ₹9.42 Billion |
| % of Total Assets | 65.13% |
| Annual Growth Rate | 21.8% |
| 5-Year Change | 73.87% |
| 10-Year Change | 550.68% |
| Growth Volatility | 25.82 |
GNA Axles Limited - Net Assets Trend (2011–2025)
This chart illustrates how GNA Axles 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 GNA Axles Limited (2011–2025)
The table below shows the annual net assets of GNA Axles Limited from 2011 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹9.00 Billion | +12.28% |
| 2024-03-31 | ₹8.01 Billion | +12.17% |
| 2023-03-31 | ₹7.15 Billion | +20.05% |
| 2022-03-31 | ₹5.95 Billion | +15.00% |
| 2021-03-31 | ₹5.18 Billion | +15.84% |
| 2020-03-31 | ₹4.47 Billion | +11.25% |
| 2019-03-31 | ₹4.02 Billion | +17.66% |
| 2018-03-31 | ₹3.41 Billion | +14.99% |
| 2017-03-31 | ₹2.97 Billion | +114.64% |
| 2016-03-31 | ₹1.38 Billion | +22.60% |
| 2015-03-31 | ₹1.13 Billion | +23.20% |
| 2014-03-31 | ₹915.62 Million | +16.61% |
| 2013-03-31 | ₹785.23 Million | +6.53% |
| 2012-03-31 | ₹737.09 Million | +29.59% |
| 2011-03-31 | ₹568.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to GNA Axles 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 1723.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹7.60 Billion | 84.50% |
| Common Stock | ₹429.31 Million | 4.77% |
| Other Comprehensive Income | ₹43.00K | 0.00% |
| Other Components | ₹965.64 Million | 10.73% |
| Total Equity | ₹9.00 Billion | 100.00% |
GNA Axles Limited Competitors by Market Cap
The table below lists competitors of GNA Axles Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Esprit Holdings Limited
PINK:ESHDF
|
$60.99 Million |
|
KNH Enterprise Co Ltd
TW:9919
|
$61.01 Million |
|
CANBRIDGE PHARM.DL-00001
F:MF1
|
$61.07 Million |
|
North Media A/S
CO:NORTHM
|
$61.07 Million |
|
Racing Force S.p.A.
PA:ALRFG
|
$60.94 Million |
|
Masoval AS
OL:MAS
|
$60.94 Million |
|
International Development & Investment Corp
VN:IDI
|
$60.94 Million |
|
The Andhra Sugars Limited
NSE:ANDHRSUGAR
|
$60.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GNA Axles Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,014,763,000 to 8,999,200,000, a change of 984,437,000 (12.3%).
- Net income of 1,070,949,000 contributed positively to equity growth.
- Dividend payments of 85,861,000 reduced retained earnings.
- Other comprehensive income increased equity by 412,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹1.07 Billion | +11.9% |
| Dividends Paid | ₹85.86 Million | -0.95% |
| Other Comprehensive Income | ₹412.00K | +0.0% |
| Other Changes | ₹-1.06 Million | -0.01% |
| Total Change | ₹- | 12.28% |
Book Value vs Market Value Analysis
This analysis compares GNA Axles 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: 1.86x
- 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 20.81x to 1.86x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-03-31 | ₹18.76 | ₹390.45 | x |
| 2012-03-31 | ₹24.31 | ₹390.45 | x |
| 2013-03-31 | ₹25.85 | ₹390.45 | x |
| 2014-03-31 | ₹30.19 | ₹390.45 | x |
| 2015-03-31 | ₹74.37 | ₹390.45 | x |
| 2016-03-31 | ₹91.20 | ₹390.45 | x |
| 2017-03-31 | ₹138.29 | ₹390.45 | x |
| 2018-03-31 | ₹159.02 | ₹390.45 | x |
| 2019-03-31 | ₹187.03 | ₹390.45 | x |
| 2020-03-31 | ₹207.96 | ₹390.45 | x |
| 2021-03-31 | ₹120.56 | ₹390.45 | x |
| 2022-03-31 | ₹138.64 | ₹390.45 | x |
| 2023-03-31 | ₹166.44 | ₹390.45 | x |
| 2024-03-31 | ₹186.69 | ₹390.45 | x |
| 2025-03-31 | ₹209.66 | ₹390.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GNA Axles 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): 11.90%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.08%
- • Asset Turnover: 1.11x
- • Equity Multiplier: 1.52x
- Recent ROE (11.90%) is below the historical average (14.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 12.99% | 2.40% | 1.31x | 4.11x | ₹16.98 Million |
| 2012 | 22.97% | 4.30% | 1.47x | 3.63x | ₹95.63 Million |
| 2013 | 6.13% | 1.38% | 1.10x | 4.05x | ₹-30.38 Million |
| 2014 | 14.49% | 3.28% | 1.06x | 4.17x | ₹41.09 Million |
| 2015 | 13.29% | 3.52% | 1.00x | 3.78x | ₹37.10 Million |
| 2016 | 18.77% | 5.16% | 1.13x | 3.23x | ₹121.26 Million |
| 2017 | 9.96% | 5.76% | 0.89x | 1.94x | ₹-1.14 Million |
| 2018 | 14.90% | 7.78% | 0.96x | 2.00x | ₹167.21 Million |
| 2019 | 16.39% | 7.18% | 1.17x | 1.95x | ₹256.77 Million |
| 2020 | 11.80% | 6.04% | 1.06x | 1.84x | ₹80.47 Million |
| 2021 | 13.65% | 8.14% | 0.90x | 1.85x | ₹188.67 Million |
| 2022 | 14.91% | 7.14% | 1.19x | 1.75x | ₹292.40 Million |
| 2023 | 18.22% | 8.35% | 1.33x | 1.64x | ₹587.55 Million |
| 2024 | 12.47% | 6.71% | 1.22x | 1.52x | ₹198.16 Million |
| 2025 | 11.90% | 7.08% | 1.11x | 1.52x | ₹171.03 Million |
Industry Comparison
This section compares GNA Axles Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $13,046,583,226
- Average return on equity (ROE) among peers: 17.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GNA Axles Limited (GNA) | ₹9.42 Billion | 12.99% | 0.54x | $60.95 Million |
| Apollo Tyres Limited (APOLLOTYRE) | $34.01 Billion | 18.01% | 1.52x | $1.47 Billion |
| Asahi India Glass Limited (ASAHIINDIA) | $26.42 Billion | 14.05% | 1.57x | $816.27 Million |
| Automotive Stampings and Assemblies Limited (ASAL) | $562.65 Million | 17.77% | 2.25x | $18.73 Million |
| ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) | $10.43 Billion | 23.74% | 0.84x | $221.89 Million |
| Automotive Axles Limited (AUTOAXLES) | $3.02 Billion | 6.60% | 0.72x | $86.08 Million |
| Autoline Industries Limited (AUTOIND) | $1.39 Billion | 7.99% | 2.15x | $11.92 Million |
| Balkrishna Industries Limited (BALKRISIND) | $8.61 Billion | 22.59% | 1.53x | $1.99 Billion |
| Banco Products (I) Limited (BANCOINDIA) | $1.36 Billion | 31.89% | 0.52x | $286.08 Million |
| BELRISE INDUSTRIES LTD (BELRISE) | $20.45 Billion | 15.34% | 1.78x | $541.77 Million |
| Bharat Forge Limited (BHARATFORG) | $24.21 Billion | 12.59% | 2.14x | $5.17 Billion |