Goa Carbon Limited (GOACARBON) - Net Assets
Based on the latest financial reports, Goa Carbon Limited (GOACARBON) has net assets worth Rs1.88 Billion INR (≈ $20.35 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 (Rs6.10 Billion ≈ $65.97 Million USD) and total liabilities (Rs4.22 Billion ≈ $45.62 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 balance sheet size of Goa Carbon Limited for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs1.88 Billion |
| % of Total Assets | 30.84% |
| Annual Growth Rate | 4.62% |
| 5-Year Change | 185.62% |
| 10-Year Change | 198.22% |
| Growth Volatility | 26.58 |
Goa Carbon Limited - Net Assets Trend (2007–2025)
This chart illustrates how Goa Carbon Limited's net assets have evolved over time, based on quarterly financial data. Check tangible net worth ratio of Goa Carbon Limited to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Goa Carbon Limited (2007–2025)
The table below shows the annual net assets of Goa Carbon Limited from 2007 to 2025. For live valuation and market cap data, see GOACARBON stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs2.18 Billion ≈ $23.53 Million |
-12.10% |
| 2024-03-31 | Rs2.48 Billion ≈ $26.77 Million |
+33.07% |
| 2023-03-31 | Rs1.86 Billion ≈ $20.12 Million |
+62.34% |
| 2022-03-31 | Rs1.15 Billion ≈ $12.39 Million |
+50.41% |
| 2021-03-31 | Rs761.89 Million ≈ $8.24 Million |
-3.65% |
| 2020-03-31 | Rs790.78 Million ≈ $8.55 Million |
-26.50% |
| 2019-03-31 | Rs1.08 Billion ≈ $11.64 Million |
-14.20% |
| 2018-03-31 | Rs1.25 Billion ≈ $13.56 Million |
+56.20% |
| 2017-03-31 | Rs802.81 Million ≈ $8.68 Million |
+10.02% |
| 2016-03-31 | Rs729.71 Million ≈ $7.89 Million |
-4.44% |
| 2015-03-31 | Rs763.63 Million ≈ $8.26 Million |
-11.98% |
| 2014-03-31 | Rs867.58 Million ≈ $9.38 Million |
+3.64% |
| 2013-03-31 | Rs837.13 Million ≈ $9.05 Million |
+5.97% |
| 2012-03-31 | Rs789.98 Million ≈ $8.54 Million |
+8.49% |
| 2011-03-31 | Rs728.13 Million ≈ $7.87 Million |
+7.17% |
| 2010-03-31 | Rs679.41 Million ≈ $7.35 Million |
-2.48% |
| 2009-03-31 | Rs696.69 Million ≈ $7.53 Million |
+15.06% |
| 2008-03-31 | Rs605.49 Million ≈ $6.55 Million |
-37.28% |
| 2007-03-31 | Rs965.42 Million ≈ $10.44 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Goa Carbon 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 152810900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs1.53 Billion | 70.22% |
| Common Stock | Rs91.51 Million | 4.21% |
| Other Comprehensive Income | Rs243.38 Million | 11.18% |
| Other Components | Rs313.10 Million | 14.39% |
| Total Equity | Rs2.18 Billion | 100.00% |
Goa Carbon Limited Competitors by Market Cap
The table below lists competitors of Goa Carbon Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
UTI Inc
KQ:179900
|
$36.27 Million |
|
Loop Industries Inc
NASDAQ:LOOP
|
$36.29 Million |
|
Shriro Holdings Ltd
AU:SHM
|
$36.29 Million |
|
Laurion Mineral Exploration Inc
V:LME
|
$36.29 Million |
|
Botanix Pharmaceuticals Ltd
AU:BOT
|
$36.25 Million |
|
ATA IMS Bhd
KLSE:8176
|
$36.24 Million |
|
Pyung Hwa Hldg
KO:010770
|
$36.23 Million |
|
Shanghai Guijiu Co Ltd
SHG:600696
|
$36.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Goa Carbon Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,475,526,000 to 2,176,106,000, a change of -299,420,000 (-12.1%).
- Net loss of 220,263,000 reduced equity.
- Dividend payments of 91,510,000 reduced retained earnings.
- Other comprehensive income increased equity by 145,121,000.
- Other factors decreased equity by 132,768,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-220.26 Million | -10.12% |
| Dividends Paid | Rs91.51 Million | -4.21% |
| Other Comprehensive Income | Rs145.12 Million | +6.67% |
| Other Changes | Rs-132.77 Million | -6.1% |
| Total Change | Rs- | -12.10% |
Book Value vs Market Value Analysis
This analysis compares Goa Carbon 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: 1.54x
- 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 3.47x to 1.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-03-31 | Rs105.50 | Rs366.35 | x |
| 2008-03-31 | Rs66.18 | Rs366.35 | x |
| 2009-03-31 | Rs76.16 | Rs366.35 | x |
| 2010-03-31 | Rs73.54 | Rs366.35 | x |
| 2011-03-31 | Rs79.57 | Rs366.35 | x |
| 2012-03-31 | Rs86.33 | Rs366.35 | x |
| 2013-03-31 | Rs91.79 | Rs366.35 | x |
| 2014-03-31 | Rs94.81 | Rs366.35 | x |
| 2015-03-31 | Rs83.45 | Rs366.35 | x |
| 2016-03-31 | Rs79.74 | Rs366.35 | x |
| 2017-03-31 | Rs87.73 | Rs366.35 | x |
| 2018-03-31 | Rs137.03 | Rs366.35 | x |
| 2019-03-31 | Rs117.57 | Rs366.35 | x |
| 2020-03-31 | Rs86.41 | Rs366.35 | x |
| 2021-03-31 | Rs83.26 | Rs366.35 | x |
| 2022-03-31 | Rs125.22 | Rs366.35 | x |
| 2023-03-31 | Rs203.28 | Rs366.35 | x |
| 2024-03-31 | Rs270.52 | Rs366.35 | x |
| 2025-03-31 | Rs237.80 | Rs366.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Goa Carbon 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): -10.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.33%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 2.44x
- Recent ROE (-10.12%) is below the historical average (9.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 3.85% | 1.51% | 0.62x | 4.09x | Rs-59.33 Million |
| 2008 | 25.58% | 7.45% | 0.91x | 3.79x | Rs94.35 Million |
| 2009 | 17.70% | 3.16% | 1.36x | 4.11x | Rs53.65 Million |
| 2010 | 0.60% | 0.16% | 1.28x | 2.88x | Rs-63.88 Million |
| 2011 | 12.58% | 3.42% | 0.98x | 3.75x | Rs18.81 Million |
| 2012 | 13.23% | 3.04% | 1.28x | 3.39x | Rs25.54 Million |
| 2013 | 9.10% | 2.59% | 1.24x | 2.83x | Rs-7.56 Million |
| 2014 | 4.41% | 1.31% | 0.87x | 3.88x | Rs-48.49 Million |
| 2015 | -11.74% | -4.78% | 0.74x | 3.34x | Rs-166.01 Million |
| 2016 | -4.65% | -1.08% | 1.05x | 4.12x | Rs-106.89 Million |
| 2017 | 11.83% | 3.27% | 1.10x | 3.28x | Rs14.67 Million |
| 2018 | 42.94% | 9.26% | 1.64x | 2.83x | Rs413.09 Million |
| 2019 | -6.98% | -1.63% | 1.35x | 3.18x | Rs-182.73 Million |
| 2020 | -35.09% | -6.66% | 1.96x | 2.68x | Rs-356.57 Million |
| 2021 | -6.32% | -1.36% | 1.32x | 3.50x | Rs-124.31 Million |
| 2022 | 32.97% | 4.93% | 1.79x | 3.73x | Rs263.20 Million |
| 2023 | 43.41% | 5.92% | 1.77x | 4.13x | Rs621.49 Million |
| 2024 | 34.54% | 8.09% | 1.72x | 2.48x | Rs607.47 Million |
| 2025 | -10.12% | -4.33% | 0.96x | 2.44x | Rs-437.87 Million |
Industry Comparison
This section compares Goa Carbon Limited's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $7,836,744,171
- Average return on equity (ROE) among peers: 18.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Goa Carbon Limited (GOACARBON) | Rs1.88 Billion | 3.85% | 2.24x | $36.26 Million |
| Aarti Industries Limited (AARTIIND) | $10.22 Billion | 20.14% | 1.87x | $1.94 Billion |
| Aarti Surfactants Limited (AARTISURF) | $2.33 Billion | 6.25% | 1.05x | $35.86 Million |
| ABM International Limited (ABMINTLLTD) | $144.26 Million | 2.21% | 2.40x | $4.36 Million |
| Advanced Enzyme Technologies Limited (ADVENZYMES) | $8.67 Billion | 14.91% | 0.13x | $386.36 Million |
| Aether Industries Limited (AETHER) | $22.26 Billion | 7.12% | 0.19x | $2.08 Billion |
| Akzo Nobel India Limited (AKZOINDIA) | $8.48 Billion | 17.72% | 1.40x | $1.60 Billion |
| Alkali Metals Limited (ALKALI) | $248.88 Million | 53.44% | 1.06x | $9.35 Million |
| Alkyl Amines Chemicals Limited (ALKYLAMINE) | $659.11 Million | 6.27% | 2.85x | $1.01 Billion |
| Ami Organics Limited (AMIORG) | $274.24 Million | 46.15% | 2.37x | $1.18 Billion |
| Anupam Rasayan India Limited (ANURAS) | $25.08 Billion | 7.21% | 0.51x | $1.56 Billion |
About Goa Carbon Limited
Goa Carbon Limited manufactures, markets, and sells calcined petroleum coke in India. It serves aluminum, graphite, electrode, foundry, glass, carbon paste, steel, titanium dioxide, metallurgical and chemical, and cathodic protection and brake linings/friction industries, as well as electrode manufacturers. The company was incorporated in 1967 and is based in Panaji, India. Goa Carbon Limited is … Read more