Greenlam Industries Limited (GREENLAM) - Net Assets
Based on the latest financial reports, Greenlam Industries Limited (GREENLAM) has net assets worth Rs11.79 Billion INR (≈ $127.51 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 (Rs30.04 Billion ≈ $324.89 Million USD) and total liabilities (Rs18.25 Billion ≈ $197.37 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 strategic asset allocation of Greenlam Industries Limited to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs11.79 Billion |
| % of Total Assets | 39.25% |
| Annual Growth Rate | 134.8% |
| 5-Year Change | 80.0% |
| 10-Year Change | 305.47% |
| Growth Volatility | 144658.19 |
Greenlam Industries Limited - Net Assets Trend (2014–2026)
This chart illustrates how Greenlam Industries Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is Greenlam Industries Limited worth.
Annual Net Assets for Greenlam Industries Limited (2014–2026)
The table below shows the annual net assets of Greenlam Industries Limited from 2014 to 2026. Also explore net asset momentum of Greenlam Industries Limited to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs11.79 Billion ≈ $127.51 Million |
+4.78% |
| 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 753708000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs7.54 Billion | 63.91% |
| Common Stock | Rs255.10 Million | 2.16% |
| Other Comprehensive Income | Rs2.17 Billion | 18.41% |
| Other Components | Rs1.83 Billion | 15.51% |
| Total Equity | Rs11.79 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 |
|---|---|
|
Triveni Engineering & Industries Limited
NSE:TRIVENI
|
$653.61 Million |
|
ABBISKO CAYMAN DL-00001
F:8ZD
|
$653.62 Million |
|
Sichuan Goldstone Orient New Material Equipment Co Ltd
SHE:300434
|
$653.72 Million |
|
Nanjing Doron Technology Corp
SHG:603528
|
$653.89 Million |
|
Neogen Chemicals Limited
NSE:NEOGEN
|
$653.57 Million |
|
Hunan Huamin Holdings Co Ltd
SHE:300345
|
$653.32 Million |
|
Solusi Sinergi Digital Tbk PT
JK:WIFI
|
$653.23 Million |
|
Gladstone Investment Corporation
NASDAQ:GAIN
|
$653.08 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 2025 to 2026, total equity changed from 11,268,900,000 to 11,792,600,000, a change of 523,700,000 (4.6%).
- Net income of 562,600,000 contributed positively to equity growth.
- Dividend payments of 102,100,000 reduced retained earnings.
- Other comprehensive income increased equity by 113,100,001.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs562.60 Million | +4.77% |
| Dividends Paid | Rs102.10 Million | -0.87% |
| Other Comprehensive Income | Rs113.10 Million | +0.96% |
| Other Changes | Rs-49.90 Million | -0.42% |
| Total Change | Rs- | 4.65% |
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: 5.14x
- 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 28198.81x to 5.14x 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 | Rs236.87 | x |
| 2015-03-31 | Rs18.21 | Rs236.87 | x |
| 2016-03-31 | Rs20.31 | Rs236.87 | x |
| 2017-03-31 | Rs24.09 | Rs236.87 | x |
| 2018-03-31 | Rs29.51 | Rs236.87 | x |
| 2019-03-31 | Rs35.50 | Rs236.87 | x |
| 2020-03-31 | Rs41.49 | Rs236.87 | x |
| 2021-03-31 | Rs47.52 | Rs236.87 | x |
| 2022-03-31 | Rs54.22 | Rs236.87 | x |
| 2023-03-31 | Rs76.61 | Rs236.87 | x |
| 2024-03-31 | Rs84.43 | Rs236.87 | x |
| 2025-03-31 | Rs86.89 | Rs236.87 | x |
| 2026-03-31 | Rs46.11 | Rs236.87 | 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): 4.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.85%
- • Asset Turnover: 1.01x
- • Equity Multiplier: 2.55x
- Recent ROE (4.77%) is below the historical average (10.74%), 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 |
| 2026 | 4.77% | 1.85% | 1.01x | 2.55x | Rs-616.66 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: $5,488,978,009
- Average return on equity (ROE) among peers: 21.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Greenlam Industries Limited (GREENLAM) | Rs11.79 Billion | -19.05% | 1.55x | $653.60 Million |
| Archidply Decor Limited (ADL) | $506.57 Million | 1.44% | 0.43x | $4.37 Million |
| Airo Lam limited (AIROLAM) | $105.02 Million | 13.61% | 2.83x | $13.99 Million |
| Amber Enterprises India Limited (AMBER) | $1.36 Billion | 14.35% | 4.53x | $2.83 Billion |
| AVRO INDIA LIMITED (AVROIND) | $132.77 Million | 8.55% | 0.48x | $12.33 Million |
| Bajaj Electricals Limited (BAJAJELEC) | $4.94 Billion | 25.34% | 1.73x | $426.92 Million |
| Borosil Limited (BOROLTD) | $7.08 Billion | 5.95% | 0.22x | $328.81 Million |
| Butterfly Gandhimathi Appliances Limited (BUTTERFLY) | $756.18 Million | 40.21% | 2.84x | $118.90 Million |
| CARYSIL LIMITED (CARYSIL) | $158.43 Million | 46.60% | 1.45x | $354.54 Million |
| Cello World Limited (CELLO) | $5.36 Billion | 49.61% | 1.89x | $809.68 Million |
| Crompton Greaves Consumer Electricals Limited (CROMPTON) | $34.49 Billion | 12.76% | 0.76x | $1.61 Billion |
About Greenlam Industries Limited
Greenlam Industries Limited, together with its subsidiaries, manufactures and sells laminates, plywoods, and allied products in India and internationally. It offers decorative and compact laminates, exterior and interior clads, restroom cubicles and locker solutions, chipboards, decorative veneers, engineered wooden floorings, engineered door sets and frames, plywoods, and worktop surface solutio… Read more