Greenlam Industries Limited (GREENLAM) - Net Assets
Based on the latest financial reports, Greenlam Industries Limited (GREENLAM) has net assets worth Rs11.34 Billion INR (≈ $122.63 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 (Rs29.54 Billion ≈ $319.42 Million USD) and total liabilities (Rs18.20 Billion ≈ $196.79 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 GREENLAM asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs11.34 Billion |
| % of Total Assets | 38.39% |
| Annual Growth Rate | 152.65% |
| 5-Year Change | 96.06% |
| 10-Year Change | 358.94% |
| Growth Volatility | 150464.56 |
Greenlam Industries Limited - Net Assets Trend (2014–2025)
This chart illustrates how Greenlam Industries Limited's net assets have evolved over time, based on quarterly financial data. Also explore Greenlam Industries Limited balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Greenlam Industries Limited (2014–2025)
The table below shows the annual net assets of Greenlam Industries Limited from 2014 to 2025. For live valuation and market cap data, see how much is Greenlam Industries Limited worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs11.25 Billion ≈ $121.69 Million |
+4.49% |
| 2024-03-31 | Rs10.77 Billion ≈ $116.46 Million |
+11.14% |
| 2023-03-31 | Rs9.69 Billion ≈ $104.79 Million |
+47.92% |
| 2022-03-31 | Rs6.55 Billion ≈ $70.84 Million |
+14.13% |
| 2021-03-31 | Rs5.74 Billion ≈ $62.07 Million |
+14.61% |
| 2020-03-31 | Rs5.01 Billion ≈ $54.16 Million |
+16.89% |
| 2019-03-31 | Rs4.28 Billion ≈ $46.33 Million |
+20.30% |
| 2018-03-31 | Rs3.56 Billion ≈ $38.51 Million |
+22.47% |
| 2017-03-31 | Rs2.91 Billion ≈ $31.45 Million |
+18.60% |
| 2016-03-31 | Rs2.45 Billion ≈ $26.52 Million |
+11.51% |
| 2015-03-31 | Rs2.20 Billion ≈ $23.78 Million |
+523410.00% |
| 2014-03-31 | Rs420.00K ≈ $4.54K |
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Equity Component Analysis
This analysis shows how different components contribute to Greenlam 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 grown by 712638000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs7.13 Billion | 63.24% |
| Common Stock | Rs255.10 Million | 2.26% |
| Other Comprehensive Income | Rs2.06 Billion | 18.26% |
| Other Components | Rs1.83 Billion | 16.23% |
| Total Equity | Rs11.27 Billion | 100.00% |
Greenlam Industries Limited Competitors by Market Cap
The table below lists competitors of Greenlam Industries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai HIUV New Materials Co Ltd
SHG:688680
|
$622.14 Million |
|
Siteminder Ltd
AU:SDR
|
$622.22 Million |
|
Shenzhen Properties & Resources Development Group Ltd
SHE:000011
|
$622.41 Million |
|
Shanghai New Huang Pu Real Estate Co Ltd
SHG:600638
|
$622.77 Million |
|
Tianjin Lisheng Pharmaceutical Co Ltd
SHE:002393
|
$621.94 Million |
|
Postal Realty Trust Inc
NYSE:PSTL
|
$621.93 Million |
|
IFE Elevators Co Ltd
SHE:002774
|
$621.76 Million |
|
Shandong Wohua Pharmaceutical Co Ltd
SHE:002107
|
$621.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Greenlam Industries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,771,633,000 to 11,268,900,000, a change of 497,267,000 (4.6%).
- Net income of 696,900,000 contributed positively to equity growth.
- Dividend payments of 210,500,000 reduced retained earnings.
- Other comprehensive income increased equity by 569,587,999.
- Other factors decreased equity by 558,720,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs696.90 Million | +6.18% |
| Dividends Paid | Rs210.50 Million | -1.87% |
| Other Comprehensive Income | Rs569.59 Million | +5.05% |
| Other Changes | Rs-558.72 Million | -4.96% |
| Total Change | Rs- | 4.62% |
Book Value vs Market Value Analysis
This analysis compares Greenlam 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: 2.59x
- 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 26835.71x to 2.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-03-31 | Rs0.01 | Rs225.42 | x |
| 2015-03-31 | Rs18.21 | Rs225.42 | x |
| 2016-03-31 | Rs20.31 | Rs225.42 | x |
| 2017-03-31 | Rs24.09 | Rs225.42 | x |
| 2018-03-31 | Rs29.51 | Rs225.42 | x |
| 2019-03-31 | Rs35.50 | Rs225.42 | x |
| 2020-03-31 | Rs41.49 | Rs225.42 | x |
| 2021-03-31 | Rs47.52 | Rs225.42 | x |
| 2022-03-31 | Rs54.22 | Rs225.42 | x |
| 2023-03-31 | Rs76.61 | Rs225.42 | x |
| 2024-03-31 | Rs84.43 | Rs225.42 | x |
| 2025-03-31 | Rs86.89 | Rs225.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Greenlam 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): 6.18%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.71%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 2.58x
- Recent ROE (6.18%) is below the historical average (11.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -19.05% | 0.00% | 0.00x | 1.04x | Rs-122.00K |
| 2015 | 8.79% | 2.09% | 1.10x | 3.83x | Rs-26.49 Million |
| 2016 | 15.38% | 3.66% | 1.18x | 3.55x | Rs131.91 Million |
| 2017 | 17.13% | 4.63% | 1.38x | 2.68x | Rs207.27 Million |
| 2018 | 18.14% | 5.76% | 1.36x | 2.31x | Rs289.93 Million |
| 2019 | 18.00% | 6.24% | 1.34x | 2.16x | Rs342.71 Million |
| 2020 | 17.31% | 6.56% | 1.19x | 2.23x | Rs366.00 Million |
| 2021 | 12.86% | 6.31% | 0.99x | 2.05x | Rs164.12 Million |
| 2022 | 13.87% | 5.33% | 1.23x | 2.12x | Rs252.97 Million |
| 2023 | 13.43% | 6.46% | 0.97x | 2.14x | Rs328.86 Million |
| 2024 | 12.85% | 6.00% | 0.84x | 2.54x | Rs306.78 Million |
| 2025 | 6.18% | 2.71% | 0.88x | 2.58x | Rs-429.99 Million |
Industry Comparison
This section compares Greenlam Industries Limited's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $4,896,799,962
- Average return on equity (ROE) among peers: 12.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Greenlam Industries Limited (GREENLAM) | Rs11.34 Billion | -19.05% | 1.60x | $622.01 Million |
| Archidply Decor Limited (ADL) | $507.52 Million | 0.06% | 0.56x | $4.45 Million |
| Airo Lam limited (AIROLAM) | $105.02 Million | 13.61% | 2.83x | $14.34 Million |
| Amber Enterprises India Limited (AMBER) | $10.05 Billion | 9.32% | 1.36x | $3.36 Billion |
| AVRO INDIA LIMITED (AVROIND) | $150.89 Million | 11.58% | 0.48x | $1.74 Million |
| Bajaj Electricals Limited (BAJAJELEC) | $15.78 Billion | 12.07% | 1.70x | $506.59 Million |
| Borosil Limited (BOROLTD) | $6.61 Billion | 5.41% | 0.28x | $332.57 Million |
| Butterfly Gandhimathi Appliances Limited (BUTTERFLY) | $1.93 Billion | 2.07% | 1.55x | $120.73 Million |
| CARYSIL LIMITED (CARYSIL) | $158.43 Million | 46.60% | 1.45x | $292.71 Million |
| Cello World Limited (CELLO) | $13.70 Billion | 24.17% | 0.44x | $1.01 Billion |
| Crompton Greaves Consumer Electricals Limited (CROMPTON) | $-18.20 Million | 0.00% | 0.00x | $2.04 Billion |
About Greenlam Industries Limited
Greenlam Industries Limited manufactures and sells laminates, decorative veneers, and related allied products in India and internationally. The company operates through Laminate & Allied Products, Veneer & Allied Products, and Plywood & Allied Products segments. It offers laminates for homes, kitchens, offices, or other premises; decorative and designer laminates for kitchen, wardrobe, doors, liv… Read more