GNA Axles Limited (GNA) - Net Assets
Based on the latest financial reports, GNA Axles Limited (GNA) has net assets worth Rs10.04 Billion INR (≈ $108.59 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 (Rs15.20 Billion ≈ $164.40 Million USD) and total liabilities (Rs5.16 Billion ≈ $55.81 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 GNA Axles Limited assets under control for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs10.04 Billion |
| % of Total Assets | 66.05% |
| Annual Growth Rate | 21.09% |
| 5-Year Change | 68.7% |
| 10-Year Change | 238.26% |
| Growth Volatility | 25.13 |
GNA Axles Limited - Net Assets Trend (2011–2026)
This chart illustrates how GNA Axles Limited's net assets have evolved over time, based on quarterly financial data. Check tangible equity quality of GNA Axles Limited to evaluate the tangible quality of the company's equity base.
Annual Net Assets for GNA Axles Limited (2011–2026)
The table below shows the annual net assets of GNA Axles Limited from 2011 to 2026. For live valuation and market cap data, see GNA Axles Limited stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs10.04 Billion ≈ $108.59 Million |
+11.58% |
| 2025-03-31 | Rs9.00 Billion ≈ $97.32 Million |
+12.28% |
| 2024-03-31 | Rs8.01 Billion ≈ $86.68 Million |
+12.17% |
| 2023-03-31 | Rs7.15 Billion ≈ $77.27 Million |
+20.05% |
| 2022-03-31 | Rs5.95 Billion ≈ $64.37 Million |
+15.00% |
| 2021-03-31 | Rs5.18 Billion ≈ $55.97 Million |
+15.84% |
| 2020-03-31 | Rs4.47 Billion ≈ $48.32 Million |
+11.25% |
| 2019-03-31 | Rs4.02 Billion ≈ $43.43 Million |
+17.66% |
| 2018-03-31 | Rs3.41 Billion ≈ $36.92 Million |
+14.99% |
| 2017-03-31 | Rs2.97 Billion ≈ $32.10 Million |
+114.64% |
| 2016-03-31 | Rs1.38 Billion ≈ $14.96 Million |
+22.60% |
| 2015-03-31 | Rs1.13 Billion ≈ $12.20 Million |
+23.20% |
| 2014-03-31 | Rs915.62 Million ≈ $9.90 Million |
+16.61% |
| 2013-03-31 | Rs785.23 Million ≈ $8.49 Million |
+6.53% |
| 2012-03-31 | Rs737.09 Million ≈ $7.97 Million |
+29.59% |
| 2011-03-31 | Rs568.77 Million ≈ $6.15 Million |
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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 1973.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs8.65 Billion | 86.12% |
| Common Stock | Rs429.31 Million | 4.28% |
| Other Comprehensive Income | Rs-812.00K | -0.01% |
| Other Components | Rs965.64 Million | 9.62% |
| Total Equity | Rs10.04 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 |
|---|---|
|
Te Chang Construction Co Ltd
TWO:5511
|
$249.46 Million |
|
JINMAO PROPERTY SERVICES
F:TZ0
|
$249.47 Million |
|
Hitit Bilgisayar Hizmetleri AS
IS:HTTBT
|
$249.55 Million |
|
Xiwang Foodstuffs Co Ltd
SHE:000639
|
$249.57 Million |
|
Neosem Inc
KQ:253590
|
$249.39 Million |
|
Sichuan Langsha Holding Ltd
SHG:600137
|
$249.38 Million |
|
Lionheart Holdings
NASDAQ:CUB
|
$249.32 Million |
|
S H Kelkar and Company Limited
NSE:SHK
|
$249.31 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 2025 to 2026, total equity changed from 8,999,200,000 to 10,041,134,000, a change of 1,041,934,000 (11.6%).
- Net income of 1,169,509,000 contributed positively to equity growth.
- Dividend payments of 128,792,000 reduced retained earnings.
- Other comprehensive income decreased equity by 855,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs1.17 Billion | +11.65% |
| Dividends Paid | Rs128.79 Million | -1.28% |
| Other Comprehensive Income | Rs-855.00K | -0.01% |
| Other Changes | Rs2.07 Million | +0.02% |
| Total Change | Rs- | 11.58% |
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: 2.30x
- 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 28.64x to 2.30x 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 | Rs18.76 | Rs537.20 | x |
| 2012-03-31 | Rs24.31 | Rs537.20 | x |
| 2013-03-31 | Rs25.85 | Rs537.20 | x |
| 2014-03-31 | Rs30.19 | Rs537.20 | x |
| 2015-03-31 | Rs74.37 | Rs537.20 | x |
| 2016-03-31 | Rs91.20 | Rs537.20 | x |
| 2017-03-31 | Rs138.29 | Rs537.20 | x |
| 2018-03-31 | Rs159.02 | Rs537.20 | x |
| 2019-03-31 | Rs187.03 | Rs537.20 | x |
| 2020-03-31 | Rs207.96 | Rs537.20 | x |
| 2021-03-31 | Rs120.56 | Rs537.20 | x |
| 2022-03-31 | Rs138.64 | Rs537.20 | x |
| 2023-03-31 | Rs166.44 | Rs537.20 | x |
| 2024-03-31 | Rs186.69 | Rs537.20 | x |
| 2025-03-31 | Rs209.66 | Rs537.20 | x |
| 2026-03-31 | Rs233.87 | Rs537.20 | 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): 11.65%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.10%
- • Asset Turnover: 0.95x
- • Equity Multiplier: 1.51x
- Recent ROE (11.65%) is below the historical average (14.03%), 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 | Rs16.98 Million |
| 2012 | 22.97% | 4.30% | 1.47x | 3.63x | Rs95.63 Million |
| 2013 | 6.13% | 1.38% | 1.10x | 4.05x | Rs-30.38 Million |
| 2014 | 14.49% | 3.28% | 1.06x | 4.17x | Rs41.09 Million |
| 2015 | 13.29% | 3.52% | 1.00x | 3.78x | Rs37.10 Million |
| 2016 | 18.77% | 5.16% | 1.13x | 3.23x | Rs121.26 Million |
| 2017 | 9.96% | 5.76% | 0.89x | 1.94x | Rs-1.14 Million |
| 2018 | 14.90% | 7.78% | 0.96x | 2.00x | Rs167.21 Million |
| 2019 | 16.39% | 7.18% | 1.17x | 1.95x | Rs256.77 Million |
| 2020 | 11.80% | 6.04% | 1.06x | 1.84x | Rs80.47 Million |
| 2021 | 13.65% | 8.14% | 0.90x | 1.85x | Rs188.67 Million |
| 2022 | 14.91% | 7.14% | 1.19x | 1.75x | Rs292.40 Million |
| 2023 | 18.22% | 8.35% | 1.33x | 1.64x | Rs587.55 Million |
| 2024 | 12.47% | 6.71% | 1.22x | 1.52x | Rs198.16 Million |
| 2025 | 11.90% | 7.08% | 1.11x | 1.52x | Rs171.03 Million |
| 2026 | 11.65% | 8.10% | 0.95x | 1.51x | Rs165.40 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: $27,707,465,800
- Average return on equity (ROE) among peers: 12.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GNA Axles Limited (GNA) | Rs10.04 Billion | 12.99% | 0.51x | $249.41 Million |
| Asahi India Glass Limited (ASAHIINDIA) | $23.31 Billion | 14.07% | 1.36x | $2.47 Billion |
| ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) | $5.19 Billion | 20.62% | 0.68x | $1.21 Billion |
| Balkrishna Industries Limited (BALKRISIND) | $50.08 Billion | 19.16% | 0.36x | $5.21 Billion |
| Banco Products (I) Limited (BANCOINDIA) | $3.52 Billion | 18.62% | 0.78x | $1.02 Billion |
| Bharat Gears Limited (BHARATGEAR) | $590.89 Million | 16.44% | 2.81x | $20.52 Million |
| Bosch Limited (BOSCHLTD) | $98.13 Billion | 4.91% | 0.50x | $13.17 Billion |
| CEAT Limited (CEATLTD) | $33.40 Billion | 12.94% | 1.43x | $1.55 Billion |
| CIE Automotive India Limited (CIEINDIA) | $51.97 Billion | 7.56% | 0.92x | $1.72 Billion |
| Craftsman Automation Limited (CRAFTSMAN) | $4.92 Billion | 4.23% | 1.80x | $2.67 Billion |
| Divgi Torqtransfer Systems Limited (DIVGIITTS) | $5.97 Billion | 4.09% | 0.11x | $322.67 Million |
About GNA Axles Limited
G N A Axles Limited manufactures automotive transmission components for original equipment manufacturers in North America, Europe, South America, Australia, and Asia. The company offers rear axle shafts, spindles, and drive shafts, as well as non-flanged shafts. Its products are used in commercial vehicles, passenger vehicles, and off-highway vehicles. The company was incorporated in 1993 and is … Read more