G R Infraprojects Limited (GRINFRA) - Net Assets

Latest as of March 2026: Rs93.91 Billion INR ≈ $1.02 Billion USD

Based on the latest financial reports, G R Infraprojects Limited (GRINFRA) has net assets worth Rs93.91 Billion INR (≈ $1.02 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 (Rs160.48 Billion ≈ $1.74 Billion USD) and total liabilities (Rs66.57 Billion ≈ $719.94 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 G R Infraprojects Limited (GRINFRA) total assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs93.91 Billion
% of Total Assets	58.52%
Annual Growth Rate	27.32%
5-Year Change	95.21%
10-Year Change	730.15%
Growth Volatility	24.34

G R Infraprojects Limited - Net Assets Trend (2012–2026)

This chart illustrates how G R Infraprojects Limited's net assets have evolved over time, based on quarterly financial data. Check G R Infraprojects Limited tangible equity quality to evaluate the tangible quality of the company's equity base.

Annual Net Assets for G R Infraprojects Limited (2012–2026)

The table below shows the annual net assets of G R Infraprojects Limited from 2012 to 2026. For live valuation and market cap data, see how much is G R Infraprojects Limited worth.

Year	Net Assets	Change
2026-03-31	Rs93.91 Billion ≈ $1.02 Billion	+10.44%
2025-03-31	Rs85.03 Billion ≈ $919.59 Million	+11.85%
2024-03-31	Rs76.02 Billion ≈ $822.17 Million	+21.34%
2023-03-31	Rs62.65 Billion ≈ $677.55 Million	+30.23%
2022-03-31	Rs48.11 Billion ≈ $520.28 Million	+20.86%
2021-03-31	Rs39.81 Billion ≈ $430.49 Million	+31.42%
2020-03-31	Rs30.29 Billion ≈ $327.57 Million	+35.85%
2019-03-31	Rs22.30 Billion ≈ $241.13 Million	+44.73%
2018-03-31	Rs15.41 Billion ≈ $166.61 Million	+36.19%
2017-03-31	Rs11.31 Billion ≈ $122.34 Million	+107.46%
2016-03-31	Rs5.45 Billion ≈ $58.97 Million	+24.78%
2015-03-31	Rs4.37 Billion ≈ $47.26 Million	+8.84%
2014-03-31	Rs4.01 Billion ≈ $43.42 Million	+8.15%
2013-03-31	Rs3.71 Billion ≈ $40.14 Million	+16.26%
2012-03-31	Rs3.19 Billion ≈ $34.53 Million	--

Equity Component Analysis

This analysis shows how different components contribute to G R Infraprojects 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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Common Stock	Rs483.80 Million	0.52%
Other Components	Rs93.31 Billion	99.48%
Total Equity	Rs93.80 Billion	100.00%

G R Infraprojects Limited Competitors by Market Cap

The table below lists competitors of G R Infraprojects Limited ranked by their market capitalization.

Company	Market Cap
MFA Financial Inc NYSE:MFA	$925.54 Million
Tronox Holdings PLC NYSE:TROX	$925.98 Million
China Motor Corp TW:2204	$926.17 Million
MLP Saglik Hizmetleri AS IS:MPARK	$926.35 Million
Ningbo Peace Bird Fashion SHG:603877	$925.08 Million
TOA PAINT (THAILAND) BK:TOA-R	$924.49 Million
Zhejiang Qianjiang Motorcycle Co Ltd SHE:000913	$924.37 Million
Chongqing Baiya Sanitary Products Co SHE:003006	$924.20 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2025 to 2026, total equity changed from 84,915,369,000 to 93,796,492,000, a change of 8,881,123,000 (10.5%).
Net income of 9,028,414,000 contributed positively to equity growth.
Dividend payments of 324,819,000 reduced retained earnings.
New share issuances of 20,222,000 increased equity.
Other comprehensive income decreased equity by 187,985,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs9.03 Billion	+9.63%
Dividends Paid	Rs324.82 Million	-0.35%
Share Issuances	Rs20.22 Million	+0.02%
Other Comprehensive Income	Rs-187.99 Million	-0.2%
Other Changes	Rs345.29 Million	+0.37%
Total Change	Rs-	10.46%

Book Value vs Market Value Analysis

This analysis compares G R Infraprojects 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: 0.91x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 26.86x to 0.91x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2012-03-31	Rs32.92	Rs884.10	x
2013-03-31	Rs38.28	Rs884.10	x
2014-03-31	Rs41.40	Rs884.10	x
2015-03-31	Rs44.76	Rs884.10	x
2016-03-31	Rs59.85	Rs884.10	x
2017-03-31	Rs116.67	Rs884.10	x
2018-03-31	Rs158.89	Rs884.10	x
2019-03-31	Rs230.60	Rs884.10	x
2020-03-31	Rs312.20	Rs884.10	x
2021-03-31	Rs410.56	Rs884.10	x
2022-03-31	Rs497.56	Rs884.10	x
2023-03-31	Rs647.97	Rs884.10	x
2024-03-31	Rs785.01	Rs884.10	x
2025-03-31	Rs877.35	Rs884.10	x
2026-03-31	Rs969.39	Rs884.10	x

Capital Efficiency Dashboard

This dashboard shows how efficiently G R Infraprojects 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): 9.63%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 10.75%
• Asset Turnover: 0.52x
• Equity Multiplier: 1.71x
Recent ROE (9.63%) is below the historical average (20.67%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2012	23.20%	6.59%	1.68x	2.09x	Rs421.24 Million
2013	14.26%	5.39%	1.10x	2.41x	Rs158.17 Million
2014	7.33%	3.25%	0.69x	3.25x	Rs-107.26 Million
2015	7.67%	3.18%	0.64x	3.80x	Rs-100.98 Million
2016	18.80%	5.47%	0.96x	3.57x	Rs510.49 Million
2017	52.05%	18.47%	1.26x	2.23x	Rs4.76 Billion
2018	25.93%	12.57%	1.02x	2.03x	Rs2.45 Billion
2019	32.14%	14.30%	0.86x	2.61x	Rs4.94 Billion
2020	25.17%	12.55%	0.78x	2.57x	Rs4.59 Billion
2021	23.99%	12.17%	0.78x	2.53x	Rs5.57 Billion
2022	17.29%	9.84%	0.72x	2.43x	Rs3.51 Billion
2023	23.21%	15.34%	0.69x	2.20x	Rs8.28 Billion
2024	17.44%	14.74%	0.69x	1.70x	Rs5.64 Billion
2025	11.95%	13.72%	0.50x	1.76x	Rs1.65 Billion
2026	9.63%	10.75%	0.52x	1.71x	Rs-351.24 Million

Industry Comparison

This section compares G R Infraprojects Limited's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

Industry: Engineering & Construction
Average net assets among peers: $15,788,654,526
Average return on equity (ROE) among peers: 255.12%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
G R Infraprojects Limited (GRINFRA)	Rs93.91 Billion	23.20%	0.71x	$925.15 Million
A2Z Infra Engineering Limited (A2ZINFRA)	$11.50 Billion	-9.20%	1.49x	$29.62 Million
AFCONS INFRASTRUCTURE LTD (AFCONS)	$52.62 Billion	9.25%	2.25x	$1.08 Billion
Akash Infra-Projects Limited (AKASH)	$445.41 Million	21.94%	1.00x	$4.87 Million
Ashoka Buildcon Limited (ASHOKA)	$2.73 Billion	5.27%	1.15x	$367.62 Million
AXISCADES Technologies Limited (AXISCADES)	$1.03 Billion	15.50%	0.70x	$714.31 Million
Capacit'e Infraprojects Limited (CAPACITE)	$15.17 Billion	7.93%	1.08x	$196.44 Million
Consolidated Construction Consortium Limited (CCCL)	$275.93 Million	2437.47%	18.65x	$74.84 Million
Ceigall India (CEIGALL)	$21.46 Billion	14.53%	1.57x	$645.73 Million
Dilip Buildcon Limited (DBL)	$52.55 Billion	12.19%	2.75x	$754.01 Million
Dhruv Consultancy Services Limited (DHRUV)	$99.06 Million	36.26%	2.08x	$5.04 Million

About G R Infraprojects Limited

NSE:GRINFRA India Engineering & Construction

Market Cap

$925.15 Million

Rs85.55 Billion INR

Market Cap Rank

#9089 Global

#456 in India

Share Price

Rs884.10

Change (1 day)

-0.84%

52-Week Range

Rs795.95 - Rs1323.50

All Time High

Rs2158.50