India Grid Trust
India Grid Trust operates in Environmental & Facilities Services.
India Grid Trust (INDIGRID-IV) - Net Assets
Latest net assets as of March 2024: ₹53.84 Billion INR
Based on the latest financial reports, India Grid Trust (INDIGRID-IV) has net assets worth ₹53.84 Billion INR as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹278.41 Billion) and total liabilities (₹224.56 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹53.84 Billion |
| % of Total Assets | 19.34% |
| Annual Growth Rate | N/A |
| 5-Year Change | 6.65% |
| 10-Year Change | 1617.56% |
| Growth Volatility | 55.7 |
India Grid Trust - Net Assets Trend (2014–2024)
This chart illustrates how India Grid Trust's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for India Grid Trust (2014–2024)
The table below shows the annual net assets of India Grid Trust from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | ₹53.84 Billion | +6.82% |
| 2023-03-31 | ₹50.40 Billion | -8.32% |
| 2022-03-31 | ₹54.98 Billion | +13.35% |
| 2021-03-31 | ₹48.50 Billion | -3.92% |
| 2020-03-31 | ₹50.49 Billion | +88.62% |
| 2019-03-31 | ₹26.77 Billion | -6.52% |
| 2018-03-31 | ₹28.63 Billion | +4401.06% |
| 2017-03-31 | ₹-665.71 Million | -128.38% |
| 2016-03-31 | ₹2.35 Billion | -25.18% |
| 2015-03-31 | ₹3.13 Billion | +5430.44% |
| 2014-03-31 | ₹-58.81 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to India Grid Trust'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 2322877000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₹76.45 Billion | 144.51% |
| Other Comprehensive Income | ₹137.17 Million | 0.26% |
| Total Equity | ₹52.90 Billion | 100.00% |
India Grid Trust Competitors by Market Cap
The table below lists competitors of India Grid Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Streamex Corp
NASDAQ:STEX
|
$17.38K |
|
Millat Tractors Ltd
KAR:MTL
|
$17.38K |
|
PICC PROPERTY -H-
MU:PJC
|
$17.45K |
|
SIMH3F
SA:SIMH3F
|
$17.45K |
|
Online Vacation Center Holdings Corp
OTCQX:ONVC
|
$17.34K |
|
Arbuthnot Banking Group Plc
LSE:ARBB
|
$17.28K |
|
Foremost Clean Energy Ltd.
F:F0R
|
$17.27K |
|
Doric Nimrod Air Three Ltd
LSE:DNA3
|
$17.27K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in India Grid Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 49,576,950,000 to 52,904,710,000, a change of 3,327,760,000 (6.7%).
- Net income of 2,853,700,000 contributed positively to equity growth.
- Dividend payments of 10,208,250,000 reduced retained earnings.
- Other comprehensive income increased equity by 131,470,000.
- Other factors increased equity by 10,550,840,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹2.85 Billion | +5.39% |
| Dividends Paid | ₹10.21 Billion | -19.3% |
| Other Comprehensive Income | ₹131.47 Million | +0.25% |
| Other Changes | ₹10.55 Billion | +19.94% |
| Total Change | ₹- | 6.71% |
Book Value vs Market Value Analysis
This analysis compares India Grid Trust'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: 2.29x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-03-31 | ₹-0.08 | ₹164.98 | x |
| 2015-03-31 | ₹4.52 | ₹164.98 | x |
| 2016-03-31 | ₹3.38 | ₹164.98 | x |
| 2017-03-31 | ₹-2.46 | ₹164.98 | x |
| 2018-03-31 | ₹97.44 | ₹164.98 | x |
| 2019-03-31 | ₹89.39 | ₹164.98 | x |
| 2020-03-31 | ₹88.01 | ₹164.98 | x |
| 2021-03-31 | ₹80.25 | ₹164.98 | x |
| 2022-03-31 | ₹78.17 | ₹164.98 | x |
| 2023-03-31 | ₹70.81 | ₹164.98 | x |
| 2024-03-31 | ₹72.18 | ₹164.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently India Grid Trust 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): 5.39%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.96%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 5.26x
- Recent ROE (5.39%) is above the historical average (0.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | -144.21% | 0.01x | 0.00x | ₹-390.35 Million |
| 2015 | -14.89% | -69.31% | 0.02x | 12.93x | ₹-780.41 Million |
| 2016 | -33.27% | -21.90% | 0.08x | 18.09x | ₹-1.01 Billion |
| 2017 | 0.00% | -64.52% | 0.12x | 0.00x | ₹-2.94 Billion |
| 2018 | 7.35% | 47.00% | 0.08x | 1.88x | ₹-759.76 Million |
| 2019 | 5.75% | 23.13% | 0.12x | 2.00x | ₹-1.14 Billion |
| 2020 | 10.02% | 40.69% | 0.11x | 2.34x | ₹8.57 Million |
| 2021 | 7.13% | 19.90% | 0.08x | 4.28x | ₹-1.35 Billion |
| 2022 | 6.43% | 15.68% | 0.11x | 3.87x | ₹-1.93 Billion |
| 2023 | 9.19% | 19.54% | 0.11x | 4.38x | ₹-401.98 Million |
| 2024 | 5.39% | 9.96% | 0.10x | 5.26x | ₹-2.44 Billion |
Industry Comparison
This section compares India Grid Trust's net assets metrics with peer companies in the Electrical Utilities & IPPs industry.
No peer company data available for comparison.