GNA Axles Limited (GNA) - Net Assets
Based on the latest financial reports, GNA Axles Limited (GNA) has net assets worth Rs9.42 Billion INR (≈ $101.82 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 (Rs14.46 Billion ≈ $156.34 Million USD) and total liabilities (Rs5.04 Billion ≈ $54.52 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 GNA Axles Limited liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs9.42 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. Also explore GNA Axles Limited asset portfolio for the complete picture of this company's asset base.
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. For live valuation and market cap data, see GNA Axles Limited market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 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 |
-- |
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 | Rs7.60 Billion | 84.50% |
| Common Stock | Rs429.31 Million | 4.77% |
| Other Comprehensive Income | Rs43.00K | 0.00% |
| Other Components | Rs965.64 Million | 10.73% |
| Total Equity | Rs9.00 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 |
|---|---|
|
Citizens Community Bancorp Inc
NASDAQ:CZWI
|
$199.99 Million |
|
Gotland Rederi AB Series B
ST:GOTL-B
|
$200.00 Million |
|
Dream Office Real Estate Investment Trust
TO:D-UN
|
$200.01 Million |
|
Senao Networks
TWO:3558
|
$200.03 Million |
|
Seoul Broadcasting System
KO:034120
|
$199.86 Million |
|
Hup Seng Industries Bhd
KLSE:5024
|
$199.85 Million |
|
Intops Co. Ltd
KQ:049070
|
$199.80 Million |
|
Speed Tech
TWO:5457
|
$199.79 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 | Rs1.07 Billion | +11.9% |
| Dividends Paid | Rs85.86 Million | -0.95% |
| Other Comprehensive Income | Rs412.00K | +0.0% |
| Other Changes | Rs-1.06 Million | -0.01% |
| Total Change | Rs- | 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: 2.05x
- 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 22.95x to 2.05x 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 | Rs430.55 | x |
| 2012-03-31 | Rs24.31 | Rs430.55 | x |
| 2013-03-31 | Rs25.85 | Rs430.55 | x |
| 2014-03-31 | Rs30.19 | Rs430.55 | x |
| 2015-03-31 | Rs74.37 | Rs430.55 | x |
| 2016-03-31 | Rs91.20 | Rs430.55 | x |
| 2017-03-31 | Rs138.29 | Rs430.55 | x |
| 2018-03-31 | Rs159.02 | Rs430.55 | x |
| 2019-03-31 | Rs187.03 | Rs430.55 | x |
| 2020-03-31 | Rs207.96 | Rs430.55 | x |
| 2021-03-31 | Rs120.56 | Rs430.55 | x |
| 2022-03-31 | Rs138.64 | Rs430.55 | x |
| 2023-03-31 | Rs166.44 | Rs430.55 | x |
| 2024-03-31 | Rs186.69 | Rs430.55 | x |
| 2025-03-31 | Rs209.66 | Rs430.55 | 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 | 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 |
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: $20,558,196,000
- Average return on equity (ROE) among peers: 17.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GNA Axles Limited (GNA) | Rs9.42 Billion | 12.99% | 0.54x | $199.90 Million |
| Asahi India Glass Limited (ASAHIINDIA) | $12.88 Billion | 11.93% | 2.00x | $2.31 Billion |
| ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) | $10.43 Billion | 23.74% | 0.84x | $937.98 Million |
| Balkrishna Industries Limited (BALKRISIND) | $50.08 Billion | 19.16% | 0.36x | $4.52 Billion |
| Banco Products (I) Limited (BANCOINDIA) | $9.82 Billion | 15.53% | 0.56x | $956.83 Million |
| Bharat Gears Limited (BHARATGEAR) | $393.44 Million | 22.33% | 3.35x | $17.81 Million |
| Bosch Limited (BOSCHLTD) | $47.28 Billion | 23.74% | 0.51x | $11.48 Billion |
| CEAT Limited (CEATLTD) | $5.13 Billion | 28.95% | 2.06x | $1.50 Billion |
| CIE Automotive India Limited (CIEINDIA) | $49.08 Billion | 2.17% | 0.94x | $1.94 Billion |
| Craftsman Automation Limited (CRAFTSMAN) | $17.52 Billion | 17.38% | 1.69x | $1.98 Billion |
| Divgi Torqtransfer Systems Limited (DIVGIITTS) | $2.96 Billion | 12.86% | 0.23x | $238.35 Million |
About 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.