Gravita India Limited (GRAVITA) - Net Assets

Latest as of March 2026: Rs24.58 Billion INR ≈ $265.87 Million USD

Based on the latest financial reports, Gravita India Limited (GRAVITA) has net assets worth Rs24.58 Billion INR (≈ $265.87 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 (Rs34.17 Billion ≈ $369.53 Million USD) and total liabilities (Rs9.59 Billion ≈ $103.66 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 GRAVITA goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs24.58 Billion
% of Total Assets	71.95%
Annual Growth Rate	40.57%
5-Year Change	513.3%
10-Year Change	1488.71%
Growth Volatility	73.47

Gravita India Limited - Net Assets Trend (2007–2026)

This chart illustrates how Gravita India Limited's net assets have evolved over time, based on quarterly financial data. See GRAVITA days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Gravita India Limited (2007–2026)

The table below shows the annual net assets of Gravita India Limited from 2007 to 2026. For live valuation and market cap data, see Gravita India Limited (GRAVITA) market capitalisation.

Year	Net Assets	Change
2026-03-31	Rs24.58 Billion ≈ $265.87 Million	+18.33%
2025-03-31	Rs20.78 Billion ≈ $224.68 Million	+144.25%
2024-03-31	Rs8.51 Billion ≈ $91.99 Million	+41.36%
2023-03-31	Rs6.02 Billion ≈ $65.07 Million	+50.11%
2022-03-31	Rs4.01 Billion ≈ $43.35 Million	+44.21%
2021-03-31	Rs2.78 Billion ≈ $30.06 Million	+20.65%
2020-03-31	Rs2.30 Billion ≈ $24.91 Million	+12.94%
2019-03-31	Rs2.04 Billion ≈ $22.06 Million	+4.83%
2018-03-31	Rs1.95 Billion ≈ $21.04 Million	+25.75%
2017-03-31	Rs1.55 Billion ≈ $16.73 Million	+24.65%
2016-03-31	Rs1.24 Billion ≈ $13.43 Million	-1.08%
2015-03-31	Rs1.25 Billion ≈ $13.57 Million	+6.75%
2014-03-31	Rs1.18 Billion ≈ $12.71 Million	+9.44%
2013-03-31	Rs1.07 Billion ≈ $11.62 Million	+21.71%
2012-03-31	Rs882.65 Million ≈ $9.55 Million	+13.90%
2011-03-31	Rs774.91 Million ≈ $8.38 Million	+164.37%
2010-03-31	Rs293.12 Million ≈ $3.17 Million	+304.64%
2009-03-31	Rs72.44 Million ≈ $783.40K	+58.83%
2008-03-31	Rs45.61 Million ≈ $493.23K	+19.84%
2007-03-31	Rs38.06 Million ≈ $411.57K	--

Equity Component Analysis

This analysis shows how different components contribute to Gravita India 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	Rs147.60 Million	0.60%
Other Components	Rs24.37 Billion	99.40%
Total Equity	Rs24.52 Billion	100.00%

Gravita India Limited Competitors by Market Cap

The table below lists competitors of Gravita India Limited ranked by their market capitalization.

Company	Market Cap
Siam City Cement Public Company Limited BK:SCCC	$1.36 Billion
Embracer Group AB (publ) ST:EMBRAC-B	$1.36 Billion
Svitzer Group A/S CO:SVITZR	$1.36 Billion
KEDE Numerical Control Co Ltd SHG:688305	$1.36 Billion
Inhibrx Biosciences, Inc. NASDAQ:INBX	$1.36 Billion
Sally Beauty Holdings Inc NYSE:SBH	$1.36 Billion
Shaily Engineering Plastics Limited NSE:SHAILY	$1.36 Billion
Jadard Technology Inc. A SHG:688252	$1.36 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2025 to 2026, total equity changed from 20,699,100,000 to 24,516,300,000, a change of 3,817,200,000 (18.4%).
Net income of 3,788,000,000 contributed positively to equity growth.
Dividend payments of 462,300,000 reduced retained earnings.
Other comprehensive income decreased equity by 528,500,000.
Other factors increased equity by 1,020,000,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs3.79 Billion	+15.45%
Dividends Paid	Rs462.30 Million	-1.89%
Other Comprehensive Income	Rs-528.50 Million	-2.16%
Other Changes	Rs1.02 Billion	+4.16%
Total Change	Rs-	18.44%

Book Value vs Market Value Analysis

This analysis compares Gravita India 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: 5.13x
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 3045.98x to 5.13x 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	Rs0.57	Rs1726.40	x
2008-03-31	Rs0.68	Rs1726.40	x
2009-03-31	Rs1.08	Rs1726.40	x
2010-03-31	Rs4.13	Rs1726.40	x
2011-03-31	Rs11.04	Rs1726.40	x
2012-03-31	Rs12.62	Rs1726.40	x
2013-03-31	Rs14.54	Rs1726.40	x
2014-03-31	Rs16.28	Rs1726.40	x
2015-03-31	Rs17.22	Rs1726.40	x
2016-03-31	Rs17.28	Rs1726.40	x
2017-03-31	Rs21.74	Rs1726.40	x
2018-03-31	Rs27.51	Rs1726.40	x
2019-03-31	Rs28.93	Rs1726.40	x
2020-03-31	Rs32.73	Rs1726.40	x
2021-03-31	Rs39.55	Rs1726.40	x
2022-03-31	Rs57.18	Rs1726.40	x
2023-03-31	Rs87.05	Rs1726.40	x
2024-03-31	Rs122.10	Rs1726.40	x
2025-03-31	Rs298.90	Rs1726.40	x
2026-03-31	Rs336.68	Rs1726.40	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Gravita India 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): 15.45%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 8.88%
• Asset Turnover: 1.25x
• Equity Multiplier: 1.39x
Recent ROE (15.45%) is below the historical average (23.80%), 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	52.38%	9.48%	2.18x	2.54x	Rs16.13 Million
2008	41.22%	4.70%	2.43x	3.60x	Rs14.24 Million
2009	37.04%	4.53%	2.94x	2.78x	Rs19.59 Million
2010	44.41%	7.76%	2.29x	2.50x	Rs95.49 Million
2011	19.61%	5.81%	2.01x	1.68x	Rs72.26 Million
2012	17.40%	5.70%	1.58x	1.93x	Rs63.98 Million
2013	19.15%	4.91%	1.79x	2.17x	Rs90.97 Million
2014	19.08%	4.26%	2.21x	2.03x	Rs101.47 Million
2015	5.61%	1.36%	1.95x	2.12x	Rs-51.87 Million
2016	3.67%	1.03%	1.77x	2.01x	Rs-75.46 Million
2017	21.80%	5.02%	1.88x	2.31x	Rs176.99 Million
2018	23.24%	4.34%	2.06x	2.59x	Rs251.19 Million
2019	7.77%	1.26%	2.14x	2.87x	Rs-44.40 Million
2020	14.73%	2.50%	2.16x	2.73x	Rs106.61 Million
2021	19.51%	3.73%	1.94x	2.70x	Rs255.77 Million
2022	36.03%	6.32%	2.21x	2.58x	Rs1.01 Billion
2023	34.15%	7.22%	2.31x	2.05x	Rs1.42 Billion
2024	28.56%	7.61%	1.96x	1.91x	Rs1.55 Billion
2025	15.09%	8.14%	1.53x	1.22x	Rs1.05 Billion
2026	15.45%	8.88%	1.25x	1.39x	Rs1.34 Billion

Industry Comparison

This section compares Gravita India Limited's net assets metrics with peer companies in the Metal Fabrication industry.

Industry Context

Industry: Metal Fabrication
Average net assets among peers: $11,079,616,222
Average return on equity (ROE) among peers: 15.50%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Gravita India Limited (GRAVITA)	Rs24.58 Billion	52.38%	0.39x	$1.36 Billion
Aeroflex Industries Limited (AEROFLEX)	$862.23 Million	31.90%	1.13x	$699.81 Million
Alicon Castalloy Limited (ALICON)	$3.17 Billion	-0.61%	1.86x	$115.89 Million
BELL AGROMACHINA ORD T (BSE) (BALUFORGE)	$1.98 Billion	19.69%	0.88x	$585.84 Million
DCM Limited (DCM)	$1.77 Billion	-0.15%	2.23x	$19.07 Million
DEE Development Eng Ltd (DEEDEV)	$80.06 Billion	5.45%	0.99x	$534.83 Million
D P Wires Limited (DPWIRES)	$821.59 Million	21.21%	0.48x	$29.83 Million
Gandhi Special Tubes Limited (GANDHITUBE)	$3.16 Billion	21.64%	0.08x	$111.90 Million
Ganga Forging Limited (GANGAFORGE)	$27.26 Million	22.28%	2.96x	$3.75 Million
Happy Forgings Limited (HAPPYFORGE)	$7.88 Billion	18.07%	0.43x	$1.48 Billion

About Gravita India Limited

NSE:GRAVITA India Metal Fabrication

Market Cap

$1.36 Billion

Rs125.74 Billion INR

Market Cap Rank

#7771 Global

#369 in India

Share Price

Rs1726.40

Change (1 day)

+3.45%

52-Week Range

Rs1295.10 - Rs1898.00

All Time High

Rs2664.65