Power & Instrumental (Gujarat) Limited
Power & Instrumental (Gujarat) Limited engages in electrical contract work business and deals in electrical equipment in India. The company provides contracting based, industrial electrical, commercial electrical contractors, lighting and entertainment, and power backup and standby services. It also offers design, installation, maintenance, and repair services for energy efficient power and distr… Read more
Power & Instrumental (Gujarat) Limited (PIGL) - Net Assets
Latest net assets as of September 2025: ₹1.42 Billion INR
Based on the latest financial reports, Power & Instrumental (Gujarat) Limited (PIGL) has net assets worth ₹1.42 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹2.29 Billion) and total liabilities (₹866.35 Million). 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 | ₹1.42 Billion |
| % of Total Assets | 62.11% |
| Annual Growth Rate | 26.24% |
| 5-Year Change | 271.49% |
| 10-Year Change | 956.3% |
| Growth Volatility | 29.35 |
Power & Instrumental (Gujarat) Limited - Net Assets Trend (2013–2025)
This chart illustrates how Power & Instrumental (Gujarat) Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Power & Instrumental (Gujarat) Limited (2013–2025)
The table below shows the annual net assets of Power & Instrumental (Gujarat) Limited from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹1.11 Billion | +115.84% |
| 2024-03-31 | ₹512.30 Million | +13.02% |
| 2023-03-31 | ₹453.30 Million | +20.37% |
| 2022-03-31 | ₹376.60 Million | +26.52% |
| 2021-03-31 | ₹297.66 Million | +13.15% |
| 2020-03-31 | ₹263.07 Million | +11.19% |
| 2019-03-31 | ₹236.59 Million | +61.90% |
| 2018-03-31 | ₹146.13 Million | +22.29% |
| 2017-03-31 | ₹119.49 Million | +14.15% |
| 2016-03-31 | ₹104.68 Million | +14.20% |
| 2015-03-31 | ₹91.67 Million | +19.54% |
| 2014-03-31 | ₹76.68 Million | +13.58% |
| 2013-03-31 | ₹67.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Power & Instrumental (Gujarat) 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 832.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹412.10 Million | 37.27% |
| Common Stock | ₹174.83 Million | 15.81% |
| Other Comprehensive Income | ₹81.90 Million | 7.41% |
| Other Components | ₹436.93 Million | 39.51% |
| Total Equity | ₹1.11 Billion | 100.00% |
Power & Instrumental (Gujarat) Limited Competitors by Market Cap
The table below lists competitors of Power & Instrumental (Gujarat) Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fernheizwerk Neukölln Aktiengesellschaft
F:FHW
|
$9.02 Million |
|
Logistic Properties of the Americas
NYSE MKT:LPA
|
$9.02 Million |
|
Royalties Inc.
F:P8T
|
$9.02 Million |
|
Oi S.A
SA:OIBR3
|
$9.03 Million |
|
NUEPF
PINK:NUEPF
|
$9.01 Million |
|
Highcom Ltd
AU:HCL
|
$9.01 Million |
|
DBEIL
NSE:DBEIL
|
$9.01 Million |
|
Kalyani Forge Limited
NSE:KALYANIFRG
|
$9.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Power & Instrumental (Gujarat) Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 512,257,000 to 1,105,755,000, a change of 593,498,000 (115.9%).
- Net income of 117,636,000 contributed positively to equity growth.
- Dividend payments of 2,527,000 reduced retained earnings.
- New share issuances of 125,700,000 increased equity.
- Other comprehensive income increased equity by 75,500,000.
- Other factors increased equity by 277,189,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹117.64 Million | +10.64% |
| Dividends Paid | ₹2.53 Million | -0.23% |
| Share Issuances | ₹125.70 Million | +11.37% |
| Other Comprehensive Income | ₹75.50 Million | +6.83% |
| Other Changes | ₹277.19 Million | +25.07% |
| Total Change | ₹- | 115.86% |
Book Value vs Market Value Analysis
This analysis compares Power & Instrumental (Gujarat) 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: 1.47x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 10.53x to 1.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | ₹9.58 | ₹100.93 | x |
| 2014-03-31 | ₹10.89 | ₹100.93 | x |
| 2015-03-31 | ₹13.01 | ₹100.93 | x |
| 2016-03-31 | ₹14.86 | ₹100.93 | x |
| 2017-03-31 | ₹16.96 | ₹100.93 | x |
| 2018-03-31 | ₹20.75 | ₹100.93 | x |
| 2019-03-31 | ₹33.59 | ₹100.93 | x |
| 2020-03-31 | ₹37.35 | ₹100.93 | x |
| 2021-03-31 | ₹42.26 | ₹100.93 | x |
| 2022-03-31 | ₹42.38 | ₹100.93 | x |
| 2023-03-31 | ₹41.97 | ₹100.93 | x |
| 2024-03-31 | ₹40.66 | ₹100.93 | x |
| 2025-03-31 | ₹68.73 | ₹100.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Power & Instrumental (Gujarat) 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): 10.64%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.97%
- • Asset Turnover: 0.97x
- • Equity Multiplier: 1.57x
- Recent ROE (10.64%) is below the historical average (11.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 13.01% | 2.70% | 1.33x | 3.62x | ₹2.03 Million |
| 2014 | 12.37% | 2.63% | 1.27x | 3.72x | ₹1.82 Million |
| 2015 | 11.69% | 2.37% | 1.45x | 3.41x | ₹1.55 Million |
| 2016 | 11.69% | 2.39% | 1.20x | 4.07x | ₹1.77 Million |
| 2017 | 13.11% | 2.60% | 1.19x | 4.23x | ₹3.72 Million |
| 2018 | 13.54% | 2.72% | 1.46x | 3.39x | ₹5.17 Million |
| 2019 | 12.99% | 3.50% | 1.20x | 3.11x | ₹7.08 Million |
| 2020 | 11.41% | 3.37% | 1.56x | 2.17x | ₹3.71 Million |
| 2021 | 11.62% | 4.05% | 1.34x | 2.15x | ₹4.83 Million |
| 2022 | 7.96% | 3.18% | 0.93x | 2.68x | ₹-7.45 Million |
| 2023 | 8.03% | 3.91% | 0.87x | 2.35x | ₹-8.95 Million |
| 2024 | 11.52% | 6.05% | 0.91x | 2.10x | ₹7.77 Million |
| 2025 | 10.64% | 6.97% | 0.97x | 1.57x | ₹7.06 Million |
Industry Comparison
This section compares Power & Instrumental (Gujarat) Limited's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $9,069,629,886
- Average return on equity (ROE) among peers: 2.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Power & Instrumental (Gujarat) Limited (PIGL) | ₹1.42 Billion | 13.01% | 0.61x | $9.02 Million |
| A2Z Infra Engineering Limited (A2ZINFRA) | $265.76 Million | 33.76% | 17.75x | $19.30 Million |
| ABINFRA (ABINFRA) | $277.88 Million | 3.11% | 2.71x | $1.92K |
| AFCONS INFRASTRUCTURE LTD (AFCONS) | $52.62 Billion | 9.25% | 2.25x | $532.22 Million |
| Ahluwalia Contracts (India) Limited (AHLUCONT) | $2.76 Billion | -16.84% | 3.24x | $209.49 Million |
| Akash Infra-Projects Limited (AKASH) | $799.84 Million | 1.44% | 0.72x | $1.17 Million |
| Ashoka Buildcon Limited (ASHOKA) | $23.68 Billion | 2.47% | 5.50x | $173.39 Million |
| Atal Realtech Limited (ATALREAL) | $95.04 Million | 24.39% | 1.96x | $2.46K |
| AXISCADES Technologies Limited (AXISCADES) | $243.57 Million | 13.90% | 0.26x | $275.46 Million |
| BGR Energy Systems Limited (BGRENERGY) | $5.37 Billion | -34.09% | 8.98x | $123.26 Million |
| B. L. Kashyap and Sons Limited (BLKASHYAP) | $4.58 Billion | -13.70% | 2.97x | $45.12 Million |