Golkunda Diamonds & Jewellery (BOM:523676) Return-on-Tangible-Asset: 13.53% (As of Jun. 2026) — 121% Above Median

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BOM:523676 Golkunda Diamonds & Jewellery Ltd BOM:523676
65 GF Score
Price ₹313.00
GF Value ₹238.12
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Golkunda Diamonds & Jewellery Return-on-Tangible-Asset?

Golkunda Diamonds & Jewellery BOM:523676 +2.17% 65 Return-on-Tangible-Asset is 13.53% as of Jun. 2026, which is 121% above its 10-year median of 6.11. GuruFocus rates BOM:523676 with a GF Score™ of 65/100 and a GF Value™ of ₹238.12 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,131 Retail - Cyclical companies, Golkunda Diamonds & Jewellery ranks better than 83.55% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Golkunda Diamonds & Jewellery's annualized Net Income for the quarter that ended in Jun. 2026 was ₹206 Mil. Golkunda Diamonds & Jewellery's average total tangible assets for the quarter that ended in Jun. 2026 was ₹1,520 Mil. Therefore, Golkunda Diamonds & Jewellery's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 13.53%.

The historical rank and industry rank for Golkunda Diamonds & Jewellery's Return-on-Tangible-Asset or its related term are showing as below:

BOM:523676' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.26   Med: 6.11   Max: 11.32
Current: 11.32

During the past 13 years, Golkunda Diamonds & Jewellery's highest Return-on-Tangible-Asset was 11.32%. The lowest was 1.26%. And the median was 6.11%.

BOM:523676's Return-on-Tangible-Asset is ranked better than
83.55% of 1131 companies
in the Retail - Cyclical industry
Industry Median: 3.01 vs BOM:523676: 11.32

Golkunda Diamonds & Jewellery  (BOM:523676) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Golkunda Diamonds & Jewellery Return-on-Tangible-Asset Related Terms


Golkunda Diamonds & Jewellery Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Golkunda Diamonds & Jewellery's Return-on-Tangible-Asset 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.

Golkunda Diamonds & Jewellery Return-on-Tangible-Asset Chart

Golkunda Diamonds & Jewellery Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.45 9.27 8.76 9.77 9.77

Golkunda Diamonds & Jewellery Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Return-on-Tangible-Asset 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 9.77 9.38 10.43 10.10 13.53

BOM:523676 vs TPR: Return-on-Tangible-Asset Comparison

For the Luxury Goods subindustry, Golkunda Diamonds & Jewellery's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


Golkunda Diamonds & Jewellery Return-on-Tangible-Asset vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Golkunda Diamonds & Jewellery's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Golkunda Diamonds & Jewellery's Return-on-Tangible-Asset falls into.


BOM:523676
65GF Score
Golkunda Diamonds & Jewellery Ltd BOM:523676
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golkunda Diamonds & Jewellery Return-on-Tangible-Asset Calculation

Golkunda Diamonds & Jewellery's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=136.942/( (1283.526+1519.927)/ 2 )
=136.942/1401.7265
=9.77 %

Golkunda Diamonds & Jewellery's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=205.612/( (1519.927+0)/ 1 )
=205.612/1519.927
=13.53 %

* 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.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Jun. 2026) net income data.

What does a Return-on-Tangible-Asset of 13.53% mean?
Golkunda Diamonds & Jewellery (BOM:523676) has a Return-on-Tangible-Asset of 13.53% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Golkunda Diamonds & Jewellery and its competitors. This is 121% above median its historical median of 6.11. Over the past decade, Golkunda Diamonds & Jewellery's Return-on-Tangible-Asset has ranged from 1.26 to 11.32. According to the industry distribution chart, Golkunda Diamonds & Jewellery ranks #186 out of 1131 companies in the Retail - Cyclical industry, placing it in the top 16.4%.
Is Golkunda Diamonds & Jewellery's Return-on-Tangible-Asset too high?
Golkunda Diamonds & Jewellery's current Return-on-Tangible-Asset of 13.53% is 121% above median its 10-year median of 6.11. Over the past 10 years, this metric has ranged from a low of 1.26 to a high of 11.32. The Retail - Cyclical industry median Return-on-Tangible-Asset is 3.01. Golkunda Diamonds & Jewellery's value of 13.53% is 349.5% above this industry median. Based on the distribution chart, Golkunda Diamonds & Jewellery ranks #186 out of 1131 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Golkunda Diamonds & Jewellery has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Golkunda Diamonds & Jewellery's Return-on-Tangible-Asset compare to TPR?
According to the Retail - Cyclical industry distribution chart, Golkunda Diamonds & Jewellery ranks #186 out of 1131 companies for Return-on-Tangible-Asset. This places Golkunda Diamonds & Jewellery in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.01. Golkunda Diamonds & Jewellery's value of 13.53% is 349.5% above this benchmark. Historically, Golkunda Diamonds & Jewellery's own Return-on-Tangible-Asset has ranged from 1.26 to 11.32 over the past decade. While the company's 10-year median is 6.11 vs. the industry median of 3.01, Golkunda Diamonds & Jewellery has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 3.01, based on 1,131 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Golkunda Diamonds & Jewellery's current Return-on-Tangible-Asset of 13.53% is 349.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Golkunda Diamonds & Jewellery and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 3.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golkunda Diamonds & Jewellery's current Return-on-Tangible-Asset is 13.53%, which is 121% above median its own 10-year median of 6.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golkunda Diamonds & Jewellery stock overvalued right now?
Based on GuruFocus' analysis, Golkunda Diamonds & Jewellery (BOM:523676) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹238.12, compared to a current price of ₹313.00 — trading 31.4% above its estimated fair value. The current Return-on-Tangible-Asset is 13.53%, which is 121% above median its 10-year median of 6.11 and 349.5% above the Retail - Cyclical industry median of 3.01. Golkunda Diamonds & Jewellery's overall GF Score™ is 65/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Golkunda Diamonds & Jewellery (BOM:523676), the current Return-on-Tangible-Asset is 13.53% as of Jun. 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.

Is Golkunda Diamonds & Jewellery (BOM:523676) Overvalued in 2026?

Based on GuruFocus' analysis, Golkunda Diamonds & Jewellery stock appears to be overvalued. The current stock price of ₹313.00 is trading 31.4% above its estimated GF Value™ of ₹238.12. GuruFocus considers Golkunda Diamonds & Jewellery to be Significantly Overvalued.

Key valuation signals for BOM:523676:

  • Return-on-Tangible-Asset: 13.53% (121% above median its 10-year median of 6.11)
  • GF Value™: ₹238.12 vs. price of ₹313.00 (31.4% above fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 349.5% above the Retail - Cyclical median (#186 of 1131)

No single metric tells the full story. See the BOM:523676 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Golkunda Diamonds & Jewellery Business Description

Address G 30, Gems & Jewellery Complex - III, Seepz, Andheri (East), Mumbai, MH, IND, 400096
Golkunda Diamonds & Jewellery Ltd is a manufacturer of diamond-studded gold jewelry. The company manufactures and deals in polished gems, diamonds, and other stones. Its product portfolio includes rings, earrings, pendants, bangles, and a necklace.
65GF Score

Get the complete analysis for BOM:523676

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹313.00
Price
₹238.12
GF Value