GRP Limited (GRPLTD) - Net Assets
Based on the latest financial reports, GRP Limited (GRPLTD) has net assets worth Rs1.78 Billion INR (≈ $19.29 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 (Rs4.62 Billion ≈ $49.94 Million USD) and total liabilities (Rs2.83 Billion ≈ $30.65 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 strategically is GRP Limited's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs1.78 Billion |
| % of Total Assets | 38.63% |
| Annual Growth Rate | 12.71% |
| 5-Year Change | 30.94% |
| 10-Year Change | 41.21% |
| Growth Volatility | 14.06 |
GRP Limited - Net Assets Trend (2006–2026)
This chart illustrates how GRP Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is GRP Limited worth.
Annual Net Assets for GRP Limited (2006–2026)
The table below shows the annual net assets of GRP Limited from 2006 to 2026. Also explore GRPLTD shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs1.78 Billion ≈ $19.29 Million |
-6.92% |
| 2025-03-31 | Rs1.92 Billion ≈ $20.72 Million |
+14.93% |
| 2024-03-31 | Rs1.67 Billion ≈ $18.03 Million |
+13.11% |
| 2023-03-31 | Rs1.47 Billion ≈ $15.94 Million |
+8.22% |
| 2022-03-31 | Rs1.36 Billion ≈ $14.73 Million |
+3.53% |
| 2021-03-31 | Rs1.32 Billion ≈ $14.23 Million |
+3.45% |
| 2020-03-31 | Rs1.27 Billion ≈ $13.76 Million |
-2.01% |
| 2019-03-31 | Rs1.30 Billion ≈ $14.04 Million |
+4.63% |
| 2018-03-31 | Rs1.24 Billion ≈ $13.42 Million |
-1.78% |
| 2017-03-31 | Rs1.26 Billion ≈ $13.66 Million |
+6.10% |
| 2016-03-31 | Rs1.19 Billion ≈ $12.88 Million |
+5.60% |
| 2015-03-31 | Rs1.13 Billion ≈ $12.19 Million |
+6.50% |
| 2014-03-31 | Rs1.06 Billion ≈ $11.45 Million |
+8.56% |
| 2013-03-31 | Rs975.16 Million ≈ $10.55 Million |
+10.64% |
| 2012-03-31 | Rs881.40 Million ≈ $9.53 Million |
+30.84% |
| 2011-03-31 | Rs673.63 Million ≈ $7.29 Million |
+26.38% |
| 2010-03-31 | Rs533.03 Million ≈ $5.76 Million |
+25.14% |
| 2009-03-31 | Rs425.96 Million ≈ $4.61 Million |
+35.48% |
| 2008-03-31 | Rs314.41 Million ≈ $3.40 Million |
+30.49% |
| 2007-03-31 | Rs240.95 Million ≈ $2.61 Million |
+47.86% |
| 2006-03-31 | Rs162.95 Million ≈ $1.76 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to GRP 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 118795600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs1.19 Billion | 66.60% |
| Common Stock | Rs53.33 Million | 2.99% |
| Other Components | Rs542.33 Million | 30.41% |
| Total Equity | Rs1.78 Billion | 100.00% |
GRP Limited Competitors by Market Cap
The table below lists competitors of GRP Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
M.C.S. Steel Public Company Limited
BK:MCS
|
$115.97 Million |
|
Spigen Korea Co. Ltd
KQ:192440
|
$116.00 Million |
|
CAPRAL LTD.
F:CBZ
|
$116.04 Million |
|
Putra Mandiri Jembar Tbk PT
JK:PMJS
|
$116.07 Million |
|
Indonesia Fibreboard Industry PT
JK:IFII
|
$115.82 Million |
|
Teo Seng Capital Bhd
KLSE:7252
|
$115.75 Million |
|
Payton Planar Magnetics Ltd
BR:PAY
|
$115.74 Million |
|
Min Aik Technology Co Ltd
TW:3060
|
$115.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GRP Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 1,916,332,000 to 1,783,616,000, a change of -132,716,000 (-6.9%).
- Net income of 32,204,000 contributed positively to equity growth.
- Dividend payments of 77,333,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,862,999,000.
- Other factors increased equity by 1,775,412,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs32.20 Million | +1.81% |
| Dividends Paid | Rs77.33 Million | -4.34% |
| Other Comprehensive Income | Rs-1.86 Billion | -104.45% |
| Other Changes | Rs1.78 Billion | +99.54% |
| Total Change | Rs- | -6.93% |
Book Value vs Market Value Analysis
This analysis compares GRP 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: 6.00x
- 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 65.73x to 6.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs30.55 | Rs2008.20 | x |
| 2007-03-31 | Rs45.18 | Rs2008.20 | x |
| 2008-03-31 | Rs58.95 | Rs2008.20 | x |
| 2009-03-31 | Rs79.87 | Rs2008.20 | x |
| 2010-03-31 | Rs99.94 | Rs2008.20 | x |
| 2011-03-31 | Rs126.31 | Rs2008.20 | x |
| 2012-03-31 | Rs165.26 | Rs2008.20 | x |
| 2013-03-31 | Rs182.84 | Rs2008.20 | x |
| 2014-03-31 | Rs198.50 | Rs2008.20 | x |
| 2015-03-31 | Rs211.40 | Rs2008.20 | x |
| 2016-03-31 | Rs226.36 | Rs2008.20 | x |
| 2017-03-31 | Rs236.84 | Rs2008.20 | x |
| 2018-03-31 | Rs232.63 | Rs2008.20 | x |
| 2019-03-31 | Rs243.40 | Rs2008.20 | x |
| 2020-03-31 | Rs238.49 | Rs2008.20 | x |
| 2021-03-31 | Rs246.71 | Rs2008.20 | x |
| 2022-03-31 | Rs255.42 | Rs2008.20 | x |
| 2023-03-31 | Rs276.41 | Rs2008.20 | x |
| 2024-03-31 | Rs312.63 | Rs2008.20 | x |
| 2025-03-31 | Rs359.33 | Rs2008.20 | x |
| 2026-03-31 | Rs334.51 | Rs2008.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GRP 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): 1.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.60%
- • Asset Turnover: 1.16x
- • Equity Multiplier: 2.59x
- Recent ROE (1.81%) is below the historical average (14.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 35.91% | 9.85% | 1.37x | 2.66x | Rs42.22 Million |
| 2007 | 41.03% | 11.54% | 1.30x | 2.73x | Rs74.77 Million |
| 2008 | 30.25% | 8.71% | 1.46x | 2.38x | Rs63.68 Million |
| 2009 | 31.25% | 10.30% | 1.60x | 1.89x | Rs90.53 Million |
| 2010 | 25.93% | 9.82% | 1.39x | 1.90x | Rs84.89 Million |
| 2011 | 26.18% | 9.56% | 1.36x | 2.02x | Rs109.00 Million |
| 2012 | 29.39% | 10.61% | 1.16x | 2.39x | Rs170.93 Million |
| 2013 | 12.01% | 4.28% | 1.16x | 2.43x | Rs19.64 Million |
| 2014 | 10.24% | 3.51% | 1.27x | 2.29x | Rs2.59 Million |
| 2015 | 7.87% | 2.64% | 1.44x | 2.07x | Rs-24.03 Million |
| 2016 | 6.56% | 2.54% | 1.31x | 1.96x | Rs-41.58 Million |
| 2017 | 5.46% | 2.29% | 1.23x | 1.93x | Rs-57.39 Million |
| 2018 | -0.61% | -0.12% | 2.62x | 1.85x | Rs-131.59 Million |
| 2019 | 4.10% | 1.49% | 1.45x | 1.90x | Rs-76.54 Million |
| 2020 | 2.33% | 0.86% | 1.28x | 2.11x | Rs-97.52 Million |
| 2021 | 1.27% | 0.60% | 1.12x | 1.88x | Rs-114.89 Million |
| 2022 | 4.23% | 1.50% | 1.30x | 2.17x | Rs-78.62 Million |
| 2023 | 9.46% | 3.13% | 1.55x | 1.94x | Rs-7.93 Million |
| 2024 | 13.58% | 4.95% | 1.33x | 2.05x | Rs59.63 Million |
| 2025 | 16.02% | 5.58% | 1.34x | 2.15x | Rs115.38 Million |
| 2026 | 1.81% | 0.60% | 1.16x | 2.59x | Rs-146.16 Million |
Industry Comparison
This section compares GRP Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $13,851,567,129
- Average return on equity (ROE) among peers: 13.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GRP Limited (GRPLTD) | Rs1.78 Billion | 35.91% | 1.59x | $115.83 Million |
| Asahi India Glass Limited (ASAHIINDIA) | $14.24 Billion | 9.35% | 1.65x | $2.65 Billion |
| ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) | $6.32 Billion | 13.08% | 0.75x | $1.40 Billion |
| Balkrishna Industries Limited (BALKRISIND) | $11.10 Billion | 23.93% | 2.01x | $4.74 Billion |
| Banco Products (I) Limited (BANCOINDIA) | $3.52 Billion | 18.62% | 0.78x | $934.32 Million |
| Bharat Gears Limited (BHARATGEAR) | $758.48 Million | 0.78% | 2.84x | $16.69 Million |
| Bosch Limited (BOSCHLTD) | $55.73 Billion | 17.19% | 0.42x | $14.99 Billion |
| CEAT Limited (CEATLTD) | $20.97 Billion | 20.87% | 0.97x | $1.51 Billion |
| CIE Automotive India Limited (CIEINDIA) | $8.72 Billion | 5.87% | 1.33x | $1.59 Billion |
| Craftsman Automation Limited (CRAFTSMAN) | $11.36 Billion | 14.36% | 1.36x | $3.15 Billion |
| Divgi Torqtransfer Systems Limited (DIVGIITTS) | $5.80 Billion | 6.85% | 0.11x | $373.81 Million |
About GRP Limited
GRP Limited manufactures and sells reclaimed rubber products in India and internationally. It operates in Reclaim Rubber and Others segments. The company offers reclaim natural and synthetic rubber products for use in inner liners and tubes, tyre side walls and piles, tyre treads and retreads, conveyor belts, moulded goods, adhesives, and footwear, as well as mattings, profiles, and roofing; and … Read more