Gujarat Narmada Valley Fertilizers and Chemicals Limited (GNFC) - Net Assets

Latest as of September 2025: Rs86.48 Billion INR ≈ $935.25 Million USD

Based on the latest financial reports, Gujarat Narmada Valley Fertilizers and Chemicals Limited (GNFC) has net assets worth Rs86.48 Billion INR (≈ $935.25 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 (Rs108.64 Billion ≈ $1.17 Billion USD) and total liabilities (Rs22.16 Billion ≈ $239.65 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 GNFC asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs86.48 Billion
% of Total Assets	79.6%
Annual Growth Rate	11.23%
5-Year Change	41.31%
10-Year Change	158.0%
Growth Volatility	8.79

Gujarat Narmada Valley Fertilizers and Chemicals Limited - Net Assets Trend (2002–2025)

This chart illustrates how Gujarat Narmada Valley Fertilizers and Chemicals Limited's net assets have evolved over time, based on quarterly financial data. Also explore GNFC total asset value for the complete picture of this company's asset base.

Annual Net Assets for Gujarat Narmada Valley Fertilizers and Chemicals Limited (2002–2025)

The table below shows the annual net assets of Gujarat Narmada Valley Fertilizers and Chemicals Limited from 2002 to 2025. For live valuation and market cap data, see Gujarat Narmada Valley Fertilizers and C (GNFC) market capitalisation.

Year	Net Assets	Change
2025-03-31	Rs85.75 Billion ≈ $927.35 Million	+3.20%
2024-03-31	Rs83.09 Billion ≈ $898.56 Million	-8.75%
2023-03-31	Rs91.05 Billion ≈ $984.68 Million	+13.96%
2022-03-31	Rs79.90 Billion ≈ $864.09 Million	+31.67%
2021-03-31	Rs60.68 Billion ≈ $656.25 Million	+14.51%
2020-03-31	Rs52.99 Billion ≈ $573.10 Million	+4.63%
2019-03-31	Rs50.65 Billion ≈ $547.73 Million	+12.12%
2018-03-31	Rs45.17 Billion ≈ $488.50 Million	+17.17%
2017-03-31	Rs38.55 Billion ≈ $416.93 Million	+15.99%
2016-03-31	Rs33.24 Billion ≈ $359.44 Million	+5.37%
2015-03-31	Rs31.54 Billion ≈ $341.14 Million	+7.09%
2014-03-31	Rs29.46 Billion ≈ $318.55 Million	+8.41%
2013-03-31	Rs27.17 Billion ≈ $293.83 Million	+8.35%
2012-03-31	Rs25.07 Billion ≈ $271.17 Million	+9.01%
2011-03-31	Rs23.00 Billion ≈ $248.76 Million	+10.64%
2010-03-31	Rs20.79 Billion ≈ $224.84 Million	+3.22%
2009-03-31	Rs20.14 Billion ≈ $217.82 Million	+9.12%
2008-03-31	Rs18.46 Billion ≈ $199.61 Million	+17.51%
2007-03-31	Rs15.71 Billion ≈ $169.86 Million	+33.41%
2006-03-31	Rs11.77 Billion ≈ $127.32 Million	+11.61%
2005-03-31	Rs10.55 Billion ≈ $114.08 Million	+20.64%
2004-03-31	Rs8.74 Billion ≈ $94.56 Million	+9.33%
2003-03-31	Rs8.00 Billion ≈ $86.49 Million	+7.77%
2002-03-31	Rs7.42 Billion ≈ $80.25 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Gujarat Narmada Valley Fertilizers and Chemicals 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 3784.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs43.36 Billion	50.57%
Common Stock	Rs1.47 Billion	1.71%
Other Comprehensive Income	Rs40.92 Billion	47.73%
Total Equity	Rs85.75 Billion	100.00%

Gujarat Narmada Valley Fertilizers and Chemicals Limited Competitors by Market Cap

The table below lists competitors of Gujarat Narmada Valley Fertilizers and Chemicals Limited ranked by their market capitalization.

Company	Market Cap
Kri-Kri Milk Industry S.A AT:KRI	$745.93 Million
Wolong Real Estate Group Co Ltd SHG:600173	$746.24 Million
ALTERRA PWR F:9ME	$746.43 Million
Jiangsu TongLin Electric Co.Ltd. SHE:301168	$746.47 Million
Tian Jin Global Magnetic Card Co Ltd SHG:600800	$745.57 Million
Jiangsu Jinling Sports Equipment Co Ltd SHE:300651	$745.54 Million
Teyi Pharmaceutical Group Co Ltd SHE:002728	$745.43 Million
Zhejiang He Chuan Technology Corp. Ltd. A SHG:688320	$745.37 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Gujarat Narmada Valley Fertilizers and Chemicals Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 83,087,600,000 to 85,750,000,000, a change of 2,662,400,000 (3.2%).
Net income of 5,970,000,000 contributed positively to equity growth.
Dividend payments of 2,380,000,000 reduced retained earnings.
Other comprehensive income increased equity by 1,766,400,000.
Other factors decreased equity by 2,694,000,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs5.97 Billion	+6.96%
Dividends Paid	Rs2.38 Billion	-2.78%
Other Comprehensive Income	Rs1.77 Billion	+2.06%
Other Changes	Rs-2.69 Billion	-3.14%
Total Change	Rs-	3.20%

Book Value vs Market Value Analysis

This analysis compares Gujarat Narmada Valley Fertilizers and Chemicals 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: 0.80x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 7.12x to 0.80x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-03-31	Rs65.91	Rs469.30	x
2006-03-31	Rs80.37	Rs469.30	x
2007-03-31	Rs101.06	Rs469.30	x
2008-03-31	Rs118.75	Rs469.30	x
2009-03-31	Rs129.59	Rs469.30	x
2010-03-31	Rs133.77	Rs469.30	x
2011-03-31	Rs147.14	Rs469.30	x
2012-03-31	Rs161.34	Rs469.30	x
2013-03-31	Rs174.81	Rs469.30	x
2014-03-31	Rs189.52	Rs469.30	x
2015-03-31	Rs202.96	Rs469.30	x
2016-03-31	Rs213.85	Rs469.30	x
2017-03-31	Rs248.05	Rs469.30	x
2018-03-31	Rs290.64	Rs469.30	x
2019-03-31	Rs325.88	Rs469.30	x
2020-03-31	Rs340.97	Rs469.30	x
2021-03-31	Rs390.44	Rs469.30	x
2022-03-31	Rs514.10	Rs469.30	x
2023-03-31	Rs585.84	Rs469.30	x
2024-03-31	Rs542.78	Rs469.30	x
2025-03-31	Rs583.30	Rs469.30	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Gujarat Narmada Valley Fertilizers and Chemicals 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): 6.96%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 7.11%
• Asset Turnover: 0.76x
• Equity Multiplier: 1.28x
Recent ROE (6.96%) is below the historical average (12.44%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2002	11.08%	4.51%	0.75x	3.26x	Rs74.08 Million
2003	12.77%	5.94%	0.71x	3.02x	Rs204.56 Million
2004	14.97%	7.31%	0.78x	2.64x	Rs401.75 Million
2005	24.53%	11.20%	0.85x	2.58x	Rs1.42 Billion
2006	25.03%	13.72%	1.07x	1.71x	Rs1.77 Billion
2007	20.79%	11.92%	1.02x	1.72x	Rs1.69 Billion
2008	20.20%	10.86%	1.20x	1.55x	Rs1.88 Billion
2009	11.30%	7.79%	0.98x	1.48x	Rs261.06 Million
2010	5.96%	4.74%	0.79x	1.59x	Rs-840.67 Million
2011	11.65%	9.37%	0.67x	1.87x	Rs378.46 Million
2012	11.32%	7.35%	0.68x	2.27x	Rs330.87 Million
2013	10.05%	6.43%	0.61x	2.58x	Rs14.11 Million
2014	9.92%	6.03%	0.52x	3.15x	Rs-22.84 Million
2015	-14.04%	-9.54%	0.51x	2.89x	Rs-7.58 Billion
2016	5.41%	3.95%	0.53x	2.57x	Rs-1.53 Billion
2017	13.72%	11.55%	0.58x	2.06x	Rs1.43 Billion
2018	17.60%	13.66%	0.80x	1.60x	Rs3.43 Billion
2019	14.80%	12.77%	0.77x	1.50x	Rs2.43 Billion
2020	9.59%	9.88%	0.61x	1.59x	Rs-219.19 Million
2021	11.49%	13.63%	0.61x	1.38x	Rs901.30 Million
2022	21.41%	19.83%	0.80x	1.34x	Rs9.11 Billion
2023	16.16%	14.42%	0.87x	1.28x	Rs5.61 Billion
2024	5.98%	6.30%	0.74x	1.28x	Rs-3.34 Billion
2025	6.96%	7.11%	0.76x	1.28x	Rs-2.60 Billion

Industry Comparison

This section compares Gujarat Narmada Valley Fertilizers and Chemicals Limited's net assets metrics with peer companies in the Chemicals industry.

Industry Context

Industry: Chemicals
Average net assets among peers: $6,792,477,300
Average return on equity (ROE) among peers: 11.57%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Gujarat Narmada Valley Fertilizers and Chemicals Limited (GNFC)	Rs86.48 Billion	11.08%	0.26x	$745.77 Million
Archean Chemical Industries Limited (ACI)	$18.64 Billion	8.70%	0.28x	$810.84 Million
The Andhra Sugars Limited (ANDHRSUGAR)	$7.01 Billion	11.93%	1.00x	$143.16 Million
Bhansali Engineering Polymers Limited (BEPL)	$1.27 Billion	12.79%	1.76x	$258.72 Million
Chemplast Sanmar Limited (CHEMPLASTS)	$2.59 Billion	4.61%	6.39x	$390.88 Million
DCW Limited (DCW)	$6.87 Billion	0.55%	1.73x	$177.75 Million
Deepak Fertilizers and Petrochemicals Corporation Limited (DEEPAKFERT)	$20.86 Billion	7.80%	2.35x	$1.73 Billion
DIAMINES AND CHEMICALS ORD (BSE) (DIAMINESQ)	$849.87 Million	24.70%	0.12x	$28.60 Million
DMCC SPECIALITY CHEMICALS LIMITED (DMCC)	$2.10 Billion	5.53%	0.80x	$74.72 Million
Epigral Ltd. (EPIGRAL)	$6.84 Billion	14.74%	1.12x	$567.17 Million
Foseco India Limited (FOSECOIND)	$894.93 Million	24.38%	0.57x	$325.93 Million

About Gujarat Narmada Valley Fertilizers and Chemicals Limited

NSE:GNFC India Chemicals

Market Cap

$745.77 Million

Rs68.96 Billion INR

Market Cap Rank

#10509 Global

#502 in India

Share Price

Rs469.30

Change (1 day)

-1.18%

52-Week Range

Rs366.45 - Rs568.80

All Time High

Rs829.49