Godrej Industries Limited (GODREJIND) - Net Assets

Latest as of March 2026: Rs231.84 Billion INR ≈ $2.51 Billion USD

Based on the latest financial reports, Godrej Industries Limited (GODREJIND) has net assets worth Rs231.84 Billion INR (≈ $2.51 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs1.26 Trillion ≈ $13.66 Billion USD) and total liabilities (Rs1.03 Trillion ≈ $11.15 Billion 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 GODREJIND goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs231.84 Billion
% of Total Assets	18.36%
Annual Growth Rate	21.55%
5-Year Change	77.24%
10-Year Change	396.43%
Growth Volatility	40.03

Godrej Industries Limited - Net Assets Trend (2005–2026)

This chart illustrates how Godrej Industries Limited's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Godrej Industries Limited to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Godrej Industries Limited (2005–2026)

The table below shows the annual net assets of Godrej Industries Limited from 2005 to 2026. For live valuation and market cap data, see market value of Godrej Industries Limited.

Year	Net Assets	Change
2026-03-31	Rs231.84 Billion ≈ $2.51 Billion	+8.60%
2025-03-31	Rs213.47 Billion ≈ $2.31 Billion	+41.20%
2024-03-31	Rs151.19 Billion ≈ $1.64 Billion	+5.72%
2023-03-31	Rs143.01 Billion ≈ $1.55 Billion	+9.33%
2022-03-31	Rs130.81 Billion ≈ $1.41 Billion	-2.16%
2021-03-31	Rs133.70 Billion ≈ $1.45 Billion	+42.99%
2020-03-31	Rs93.51 Billion ≈ $1.01 Billion	+42.57%
2019-03-31	Rs65.59 Billion ≈ $709.29 Million	+39.79%
2018-03-31	Rs46.92 Billion ≈ $507.38 Million	+0.46%
2017-03-31	Rs46.70 Billion ≈ $505.07 Million	+9.06%
2016-03-31	Rs42.82 Billion ≈ $463.12 Million	-2.13%
2015-03-31	Rs43.76 Billion ≈ $473.22 Million	+15.58%
2014-03-31	Rs37.86 Billion ≈ $409.44 Million	-1.99%
2013-03-31	Rs38.63 Billion ≈ $417.74 Million	+29.21%
2012-03-31	Rs29.89 Billion ≈ $323.29 Million	+28.49%
2011-03-31	Rs23.27 Billion ≈ $251.62 Million	+11.80%
2010-03-31	Rs20.81 Billion ≈ $225.06 Million	+36.35%
2009-03-31	Rs15.26 Billion ≈ $165.05 Million	+4.12%
2008-03-31	Rs14.66 Billion ≈ $158.53 Million	+190.78%
2007-03-31	Rs5.04 Billion ≈ $54.52 Million	+9.53%
2006-03-31	Rs4.60 Billion ≈ $49.77 Million	+19.61%
2005-03-31	Rs3.85 Billion ≈ $41.62 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Godrej Industries 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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Common Stock	Rs336.80 Million	0.30%
Other Components	Rs111.43 Billion	99.70%
Total Equity	Rs111.76 Billion	100.00%

Godrej Industries Limited Competitors by Market Cap

The table below lists competitors of Godrej Industries Limited ranked by their market capitalization.

Company	Market Cap
Gitlab Inc NASDAQ:GTLB	$4.05 Billion
Navin Fluorine International Limited NSE:NAVINFLUOR	$4.05 Billion
NBTM New Materials Group Co Ltd SHG:600114	$4.05 Billion
Hanjaya Mandala Sampoerna Tbk PT JK:HMSP	$4.06 Billion
Ming Yang Smart Energy Group Ltd SHG:601615	$4.05 Billion
Tongcheng Travel Holdings Ltd F:TEM	$4.05 Billion
Imeik Technology Development Co SHE:300896	$4.05 Billion
JCDECAUX SE ADR 1/2/O.N. F:DCS0	$4.04 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Godrej Industries Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 101,515,400,000 to 111,764,900,000, a change of 10,249,500,000 (10.1%).
Net income of 12,405,300,000 contributed positively to equity growth.
Dividend payments of 744,100,000 reduced retained earnings.
Other comprehensive income decreased equity by 39,066,200,000.
Other factors increased equity by 37,654,500,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs12.41 Billion	+11.1%
Dividends Paid	Rs744.10 Million	-0.67%
Other Comprehensive Income	Rs-39.07 Billion	-34.95%
Other Changes	Rs37.65 Billion	+33.69%
Total Change	Rs-	10.10%

Book Value vs Market Value Analysis

This analysis compares Godrej Industries 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: 3.35x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 92.31x to 3.35x 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	Rs12.04	Rs1111.20	x
2006-03-31	Rs14.55	Rs1111.20	x
2007-03-31	Rs16.18	Rs1111.20	x
2008-03-31	Rs45.21	Rs1111.20	x
2009-03-31	Rs43.99	Rs1111.20	x
2010-03-31	Rs55.43	Rs1111.20	x
2011-03-31	Rs60.73	Rs1111.20	x
2012-03-31	Rs74.33	Rs1111.20	x
2013-03-31	Rs94.91	Rs1111.20	x
2014-03-31	Rs81.42	Rs1111.20	x
2015-03-31	Rs89.87	Rs1111.20	x
2016-03-31	Rs89.27	Rs1111.20	x
2017-03-31	Rs94.99	Rs1111.20	x
2018-03-31	Rs99.10	Rs1111.20	x
2019-03-31	Rs129.15	Rs1111.20	x
2020-03-31	Rs171.98	Rs1111.20	x
2021-03-31	Rs224.38	Rs1111.20	x
2022-03-31	Rs211.66	Rs1111.20	x
2023-03-31	Rs237.10	Rs1111.20	x
2024-03-31	Rs237.56	Rs1111.20	x
2025-03-31	Rs301.36	Rs1111.20	x
2026-03-31	Rs331.82	Rs1111.20	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Godrej Industries 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): 11.10%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.58%
• Asset Turnover: 0.18x
• Equity Multiplier: 11.30x
Recent ROE (11.10%) is above the historical average (10.52%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	18.43%	3.31%	1.50x	3.70x	Rs295.81 Million
2006	11.56%	2.40%	1.26x	3.83x	Rs65.98 Million
2007	12.46%	2.48%	1.04x	4.83x	Rs116.09 Million
2008	12.28%	5.69%	0.81x	2.65x	Rs311.83 Million
2009	7.92%	3.32%	0.80x	2.97x	Rs-293.19 Million
2010	9.53%	4.93%	0.78x	2.48x	Rs-83.59 Million
2011	15.20%	6.74%	0.83x	2.73x	Rs1.00 Billion
2012	12.32%	5.20%	0.67x	3.53x	Rs549.09 Million
2013	12.60%	5.57%	0.74x	3.04x	Rs806.52 Million
2014	11.94%	4.06%	0.72x	4.10x	Rs529.63 Million
2015	13.33%	4.30%	0.69x	4.47x	Rs1.01 Billion
2016	5.36%	2.10%	0.54x	4.76x	Rs-1.39 Billion
2017	8.03%	3.01%	0.56x	4.76x	Rs-631.12 Million
2018	10.13%	3.57%	0.56x	5.10x	Rs43.88 Million
2019	13.56%	5.22%	0.62x	4.20x	Rs1.55 Billion
2020	9.57%	4.69%	0.58x	3.53x	Rs-250.23 Million
2021	4.43%	3.35%	0.34x	3.84x	Rs-4.21 Billion
2022	9.17%	4.36%	0.44x	4.78x	Rs-589.26 Million
2023	12.21%	5.51%	0.40x	5.51x	Rs1.76 Billion
2024	0.75%	0.34%	0.29x	7.69x	Rs-7.40 Billion
2025	9.67%	4.68%	0.24x	8.66x	Rs-337.74 Million
2026	11.10%	5.58%	0.18x	11.30x	Rs1.23 Billion

Industry Comparison

This section compares Godrej Industries Limited's net assets metrics with peer companies in the Conglomerates industry.

Industry Context

Industry: Conglomerates
Average net assets among peers: $14,227,756,749
Average return on equity (ROE) among peers: 14.83%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Godrej Industries Limited (GODREJIND)	Rs231.84 Billion	18.43%	4.45x	$4.05 Billion
Balmer Lawrie & Company Limited (BALMLAWRIE)	$19.89 Billion	13.37%	0.53x	$339.32 Million
BEML Limited (BEML)	$20.44 Billion	10.98%	1.16x	$1.60 Billion
Carborundum Universal Limited (CARBORUNIV)	$8.05 Billion	21.22%	0.85x	$2.46 Billion
Career Point Limited (CAREERP)	$3.53 Billion	4.10%	0.20x	$39.37 Million
Cyient Limited (CYIENT)	$29.54 Billion	12.32%	0.52x	$1.04 Billion
DCM Shriram Limited (DCMSHRIRAM)	$11.49 Billion	58.53%	2.16x	$1.74 Billion
Excel Realty N Infra Limited (EXCEL)	$1.26 Billion	11.12%	0.03x	$13.58 Million
Hindustan Foods Limited (HNDFDS)	$3.04 Billion	14.69%	2.24x	$726.25 Million
Jain Irrigation Systems Limited (JISLDVREQS)	$30.81 Billion	-12.84%	3.12x	$5.09 Million

About Godrej Industries Limited

NSE:GODREJIND India Conglomerates

Market Cap

$4.05 Billion

Rs374.26 Billion INR

Market Cap Rank

#4168 Global

#177 in India

Share Price

Rs1111.20

Change (1 day)

+5.61%

52-Week Range

Rs749.00 - Rs1348.50

All Time High

Rs1359.50