Punj Lloyd (NSE:PUNJLLOYD) Scaled Net Operating Assets: -0.68 (As of Mar. 2026)


What is Punj Lloyd Scaled Net Operating Assets?

Punj Lloyd NSE:PUNJLLOYD Scaled Net Operating Assets is -0.68 as of Mar. 2026. The stock has 6 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Punj Lloyd's operating assets for the quarter that ended in Mar. 2026 was ₹13,958 Mil. Punj Lloyd's operating liabilities for the quarter that ended in Mar. 2026 was ₹21,527 Mil. Punj Lloyd's Total Assets for the quarter that ended in Mar. 2025 was ₹11,164 Mil. Therefore, Punj Lloyd's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.68.

Punj Lloyd Scaled Net Operating Assets Historical Data

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The historical data trend for Punj Lloyd's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Punj Lloyd Scaled Net Operating Assets Chart

Punj Lloyd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.10 -3.44 -3.96 -5.53 -0.68

Punj Lloyd Semi-Annual Data
Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.10 -3.44 -3.96 -5.53 -0.68

NSE:PUNJLLOYD vs SFHI: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, Punj Lloyd's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Punj Lloyd Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, Punj Lloyd's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Punj Lloyd's Scaled Net Operating Assets falls into.


Punj Lloyd Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Punj Lloyd's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(13958.3-21526.6)/11164.2
=-0.68

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=16495.3 - 2537
=13958.3

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=25357.1 - 0 - 3830.5
=21526.6

Punj Lloyd's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Mar. 2025 )
=(13958.3-21526.6)/11164.2
=-0.68

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=16495.3 - 2537
=13958.3

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=25357.1 - 0 - 3830.5
=21526.6

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of -0.68 mean?
Punj Lloyd (NSE:PUNJLLOYD) has a Scaled Net Operating Assets of -0.68 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Punj Lloyd and its competitors.
Is Punj Lloyd's Scaled Net Operating Assets too high?
Punj Lloyd's current Scaled Net Operating Assets is -0.68.
How does Punj Lloyd's Scaled Net Operating Assets compare to SFHI?
Punj Lloyd's Scaled Net Operating Assets of -0.68 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Construction company?
A good Scaled Net Operating Assets depends on the Construction industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Punj Lloyd and its competitors. Punj Lloyd's current Scaled Net Operating Assets is -0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Punj Lloyd stock overvalued right now?
Punj Lloyd (NSE:PUNJLLOYD) has a current Scaled Net Operating Assets of -0.68. The current Scaled Net Operating Assets is -0.68. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Punj Lloyd (NSE:PUNJLLOYD), the current Scaled Net Operating Assets is -0.68 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Punj Lloyd Business Description

Address NBCC Plaza, Sector 5, Plate No. 2, Second Floor, Tower No. 2, Pushp Vihar, Saket, New Delhi, Delhi, IND, 110017
Punj Lloyd Ltd is an engineering, procurement, and construction company operating across energy, infrastructure, and defense sectors. The company provides services including building pipelines, tanks, process facilities, transportation infrastructure, and specialized defense manufacturing. Its operations span multiple regions, including the Middle East, Africa, Asia Pacific, South Asia, and Europe. Punj Lloyd generates revenue by providing contracting services across the sectors, serving both domestic and international clients.