G R Infraprojects Limited (GRINFRA) - Net Assets
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. Check how tangible is G R Infraprojects Limited's equity to evaluate the tangible quality of the company's equity 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. See operational self-sufficiency of G R Infraprojects Limited to measure how many days the company can operate on defensive assets alone.
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 G R Infraprojects Limited (GRINFRA) total market value.
| 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 |
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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 |
|---|---|
|
Meren Energy Inc.
NASDAQ:MRNFF
|
$933.04 Million |
|
Huafu Top Dyed Melange Yarn Co Ltd
SHE:002042
|
$933.24 Million |
|
Virtus Investment Partners, Inc.
NYSE:VRTS
|
$933.32 Million |
|
Hanma Technology Group Co Ltd
SHG:600375
|
$933.63 Million |
|
Joyoung Co Ltd
SHE:002242
|
$932.31 Million |
|
Guararapes Confecções S.A
SA:GUAR3
|
$932.14 Million |
|
Zhejiang Hangmin Co Ltd
SHG:600987
|
$932.12 Million |
|
Jiangxi Huangshanghuang Group Food Co Ltd
SHE:002695
|
$931.85 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: 0.92x
- 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 27.09x to 0.92x 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 | Rs891.55 | x |
| 2013-03-31 | Rs38.28 | Rs891.55 | x |
| 2014-03-31 | Rs41.40 | Rs891.55 | x |
| 2015-03-31 | Rs44.76 | Rs891.55 | x |
| 2016-03-31 | Rs59.85 | Rs891.55 | x |
| 2017-03-31 | Rs116.67 | Rs891.55 | x |
| 2018-03-31 | Rs158.89 | Rs891.55 | x |
| 2019-03-31 | Rs230.60 | Rs891.55 | x |
| 2020-03-31 | Rs312.20 | Rs891.55 | x |
| 2021-03-31 | Rs410.56 | Rs891.55 | x |
| 2022-03-31 | Rs497.56 | Rs891.55 | x |
| 2023-03-31 | Rs647.97 | Rs891.55 | x |
| 2024-03-31 | Rs785.01 | Rs891.55 | x |
| 2025-03-31 | Rs877.35 | Rs891.55 | x |
| 2026-03-31 | Rs969.39 | Rs891.55 | 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: $9,786,288,823
- Average return on equity (ROE) among peers: 16.13%
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 | $932.94 Million |
| A2Z Infra Engineering Limited (A2ZINFRA) | $11.77 Billion | 6.75% | 0.79x | $27.16 Million |
| AFCONS INFRASTRUCTURE LTD (AFCONS) | $27.03 Billion | 13.18% | 3.80x | $1.27 Billion |
| Akash Infra-Projects Limited (AKASH) | $835.99 Million | 1.65% | 1.30x | $4.86 Million |
| Ashoka Buildcon Limited (ASHOKA) | $19.75 Billion | 14.81% | 7.68x | $399.98 Million |
| AXISCADES Technologies Limited (AXISCADES) | $243.57 Million | 13.90% | 0.26x | $893.23 Million |
| Capacit'e Infraprojects Limited (CAPACITE) | $9.29 Billion | 0.16% | 1.42x | $207.91 Million |
| Consolidated Construction Consortium Limited (CCCL) | $251.80 Million | 51.69% | 1.73x | $71.41 Million |
| Ceigall India (CEIGALL) | $21.46 Billion | 14.53% | 1.57x | $715.53 Million |
| Dilip Buildcon Limited (DBL) | $7.19 Billion | 25.83% | 3.96x | $754.62 Million |
| Dhruv Consultancy Services Limited (DHRUV) | $42.01 Million | 18.80% | 1.98x | $5.65 Million |
About G R Infraprojects Limited
G R Infraprojects Limited provides civil construction services in India. It operates through the Engineering, Procurement, and Construction; Built, Operate and Transfer/Annuity Projects; and Others segments. It offers engineering, procurement, construction (EPC), and project management services for roads and highways, bridges, airport runway, railways and metro, hydro and tunneling, power transmi… Read more