Gujarat Pipavav Port Limited Net Assets

Latest as of March 2026: Rs23.88 Billion INR ≈ $258.30 Million USD

Gujarat Pipavav Port Limited net assets. Based on the latest financial reports, Gujarat Pipavav Port Limited (GPPL) has net assets worth Rs23.88 Billion INR (≈ $258.30 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 (Rs30.24 Billion ≈ $327.00 Million USD) and total liabilities (Rs6.35 Billion ≈ $68.70 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 GPPL year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs23.88 Billion
% of Total Assets	78.99%
Annual Growth Rate	8.43%
5-Year Change	6.46%
10-Year Change	11.49%
Growth Volatility	246.4

Net Assets of Gujarat Pipavav Port Limited (2004–2026)

Net assets of Gujarat Pipavav Port Limited from 2004 to 2026. This chart illustrates how Gujarat Pipavav Port Limited's net assets have evolved over time, based on quarterly financial data. See GPPL net asset quality index to measure how much of total assets are equity-financed.

Annual Net Assets for Gujarat Pipavav Port Limited (2004–2026)

The table below shows the annual net assets of Gujarat Pipavav Port Limited from 2004 to 2026. For live market cap and overall valuation, see GPPL company net worth.

Year	Net Assets	Change
2026-03-31	Rs23.88 Billion ≈ $258.30 Million	+2.19%
2025-03-31	Rs23.37 Billion ≈ $252.76 Million	+1.03%
2024-03-31	Rs23.13 Billion ≈ $250.18 Million	+0.11%
2023-03-31	Rs23.11 Billion ≈ $249.90 Million	+3.00%
2022-03-31	Rs22.43 Billion ≈ $242.62 Million	+0.19%
2021-03-31	Rs22.39 Billion ≈ $242.16 Million	-2.14%
2020-03-31	Rs22.88 Billion ≈ $247.47 Million	+4.13%
2019-03-31	Rs21.97 Billion ≈ $237.64 Million	+1.76%
2018-03-31	Rs21.59 Billion ≈ $233.54 Million	+0.80%
2017-03-31	Rs21.42 Billion ≈ $231.68 Million	+7.00%
2016-03-31	Rs20.02 Billion ≈ $216.54 Million	+7.65%
2015-03-31	Rs18.60 Billion ≈ $201.16 Million	+32.53%
2014-03-31	Rs14.04 Billion ≈ $151.78 Million	+15.83%
2013-03-31	Rs12.12 Billion ≈ $131.05 Million	-22.70%
2012-03-31	Rs15.68 Billion ≈ $169.52 Million	0.00%
2011-03-31	Rs15.68 Billion ≈ $169.52 Million	+409.15%
2010-03-31	Rs3.08 Billion ≈ $33.29 Million	-70.48%
2009-03-31	Rs10.43 Billion ≈ $112.77 Million	-2.18%
2008-03-31	Rs10.66 Billion ≈ $115.28 Million	+1116.12%
2007-03-31	Rs876.55 Million ≈ $9.48 Million	-33.00%
2006-03-31	Rs1.31 Billion ≈ $14.15 Million	-71.19%
2005-03-31	Rs4.54 Billion ≈ $49.11 Million	+12.87%
2004-03-31	Rs4.02 Billion ≈ $43.51 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Gujarat Pipavav Port 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.

Gujarat Pipavav Port Limited Net Assets Breakdown (March 2026)

Gujarat Pipavav Port Limited net assets breakdown by equity component as of March 2026.

Component	Amount	Percentage
Common Stock	Rs4.83 Billion	20.24%
Other Components	Rs19.05 Billion	79.76%
Total Equity	Rs23.88 Billion	100.00%

Gujarat Pipavav Port Limited Competitors by Market Cap

The table below lists competitors of Gujarat Pipavav Port Limited ranked by their market capitalization.

Company	Market Cap
Shanghai Zhezhong Construction Co Ltd SHE:002346	$854.23 Million
Empire State Realty Trust Inc NYSE:ESRT	$854.57 Million
Indus Holding AG XETRA:INH	$854.67 Million
Theravance Biopharma Inc NASDAQ:TBPH	$854.78 Million
BeiJing Certificate Authority Co Ltd SHE:300579	$853.80 Million
Beijing Zhidemai Technology SHE:300785	$853.76 Million
Ningbo Kbe Electrical Technology Co SHE:300863	$853.62 Million
Sichuan Jinlu Group Co Ltd SHE:000510	$853.17 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2025 to 2026, total equity changed from 23,371,990,000 to 23,884,290,000, a change of 512,300,000 (2.2%).
Net income of 5,151,650,000 contributed positively to equity growth.
Dividend payments of 4,641,030,000 reduced retained earnings.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs5.15 Billion	+21.57%
Dividends Paid	Rs4.64 Billion	-19.43%
Other Changes	Rs1.68 Million	+0.01%
Total Change	Rs-	2.19%

Book Value vs Market Value Analysis

This analysis compares Gujarat Pipavav Port 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: 3.30x
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 23.92x to 3.30x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2006-03-31	Rs6.83	Rs163.33	x
2007-03-31	Rs4.31	Rs163.33	x
2008-03-31	Rs42.32	Rs163.33	x
2009-03-31	Rs35.51	Rs163.33	x
2010-03-31	Rs10.12	Rs163.33	x
2011-03-31	Rs44.75	Rs163.33	x
2012-03-31	Rs37.01	Rs163.33	x
2013-03-31	Rs26.80	Rs163.33	x
2014-03-31	Rs29.03	Rs163.33	x
2015-03-31	Rs38.48	Rs163.33	x
2016-03-31	Rs41.42	Rs163.33	x
2017-03-31	Rs44.31	Rs163.33	x
2018-03-31	Rs44.67	Rs163.33	x
2019-03-31	Rs45.45	Rs163.33	x
2020-03-31	Rs47.33	Rs163.33	x
2021-03-31	Rs46.32	Rs163.33	x
2022-03-31	Rs46.41	Rs163.33	x
2023-03-31	Rs47.80	Rs163.33	x
2024-03-31	Rs47.85	Rs163.33	x
2025-03-31	Rs48.45	Rs163.33	x
2026-03-31	Rs49.42	Rs163.33	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Gujarat Pipavav Port 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): 21.57%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 44.47%
• Asset Turnover: 0.38x
• Equity Multiplier: 1.27x
Recent ROE (21.57%) is above the historical average (1.49%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	-40.17%	-77.71%	0.10x	5.19x	Rs-656.34 Million
2007	-59.13%	-38.41%	0.16x	9.77x	Rs-606.00 Million
2008	-7.60%	-53.43%	0.08x	1.75x	Rs-1.88 Billion
2009	-8.11%	-49.07%	0.09x	1.92x	Rs-1.89 Billion
2010	-38.22%	-53.70%	0.14x	5.03x	Rs-1.48 Billion
2011	-3.49%	-19.27%	0.11x	1.59x	Rs-2.11 Billion
2012	3.64%	14.39%	0.17x	1.50x	Rs-996.51 Million
2013	6.10%	19.91%	0.22x	1.37x	Rs-472.13 Million
2014	13.66%	40.49%	0.25x	1.33x	Rs514.14 Million
2015	17.54%	45.13%	0.34x	1.14x	Rs1.40 Billion
2016	13.40%	43.31%	0.25x	1.23x	Rs681.11 Million
2017	13.17%	45.28%	0.25x	1.15x	Rs679.99 Million
2018	10.24%	37.13%	0.24x	1.14x	Rs50.99 Million
2019	10.77%	35.97%	0.26x	1.16x	Rs169.37 Million
2020	13.96%	46.54%	0.26x	1.15x	Rs906.16 Million
2021	9.91%	32.47%	0.26x	1.18x	Rs-19.65 Million
2022	8.80%	26.54%	0.27x	1.22x	Rs-270.20 Million
2023	13.55%	34.15%	0.32x	1.24x	Rs820.67 Million
2024	14.78%	37.15%	0.31x	1.27x	Rs1.11 Billion
2025	16.98%	40.18%	0.34x	1.26x	Rs1.63 Billion
2026	21.57%	44.47%	0.38x	1.27x	Rs2.76 Billion

Industry Comparison

This section compares Gujarat Pipavav Port Limited's net assets metrics with peer companies in the Marine Shipping industry.

Industry Context

Industry: Marine Shipping
Average net assets among peers: $44,145,866,000
Average return on equity (ROE) among peers: 11.38%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Gujarat Pipavav Port Limited (GPPL)	Rs23.88 Billion	-40.17%	0.27x	$853.93 Million
Adani Ports and Special Economic Zone Limited (ADANIPORTS)	$42.89 Billion	21.41%	1.22x	$46.52 Billion
Essar Shipping Limited (ESSARSHPNG)	$52.42 Billion	0.07%	1.07x	$38.16 Million
The Great Eastern Shipping Company Limited (GESHIP)	$57.10 Billion	8.98%	1.08x	$2.37 Billion
JSW Infrastructure Limited (JSWINFRA)	$40.89 Billion	18.09%	1.31x	$7.36 Billion
Shipping Corporation Of India Limited (SCI)	$63.40 Billion	-4.33%	1.56x	$1.30 Billion
Transworld Shipping Lines Limited (TRANSWORLD)	$8.19 Billion	24.05%	0.66x	$36.95 Million

About Gujarat Pipavav Port Limited

NSE:GPPL India Marine Shipping

Market Cap

$853.93 Million

Rs78.96 Billion INR

Market Cap Rank

#9228 Global

#460 in India

Share Price

Rs163.33

Change (1 day)

+0.52%

52-Week Range

Rs142.39 - Rs193.61

All Time High

Rs228.90