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Narmada GelatinesBOM:526739 +0.32%74 Return-on-Tangible-Asset is 20.89% as of Jun. 2026, which is 169% above its 10-year median of 7.77. GuruFocus rates BOM:526739 with a GF Score™ of 74/100 and a GF Value™ of ₹464.80 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,621 Chemicals companies, Narmada Gelatines ranks better than 98.03% 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. Narmada Gelatines's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹373 Mil. Narmada Gelatines's average total tangible assets for the quarter that ended in Jun. 2026 was ₹1,787 Mil. Therefore, Narmada Gelatines's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 20.89%.
The historical rank and industry rank for Narmada Gelatines's Return-on-Tangible-Asset or its related term are showing as below:
BOM:526739'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.49 Med: 7.77 Max: 20.8
Current: 20.8
During the past 13 years, Narmada Gelatines's highest Return-on-Tangible-Asset was 20.80%. The lowest was 4.49%. And the median was 7.77%.
BOM:526739's Return-on-Tangible-Asset is ranked better than 98.03% of 1621
companies
in the Chemicals industry
Industry Median: 3.62
vs BOM:526739: 20.80
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 companys 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 companys 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.
Narmada Gelatines Return-on-Tangible-Asset Related Terms
Narmada Gelatines Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Narmada Gelatines'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.
BOM:526739 vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Narmada Gelatines'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.
Narmada Gelatines Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Narmada Gelatines's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Narmada Gelatines's Return-on-Tangible-Asset falls into.
* 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 20.89% mean?
Narmada Gelatines (BOM:526739) has a Return-on-Tangible-Asset of 20.89% 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 Narmada Gelatines and its competitors. This is 169% above median its historical median of 7.77. Over the past decade, Narmada Gelatines' Return-on-Tangible-Asset has ranged from 4.49 to 20.80. According to the industry distribution chart, Narmada Gelatines ranks #32 out of 1621 companies in the Chemicals industry, placing it in the top 2%.
Is Narmada Gelatines' Return-on-Tangible-Asset too high?
Narmada Gelatines' current Return-on-Tangible-Asset of 20.89% is 169% above median its 10-year median of 7.77. Over the past 10 years, this metric has ranged from a low of 4.49 to a high of 20.80. The Chemicals industry median Return-on-Tangible-Asset is 3.62. Narmada Gelatines' value of 20.89% is 477.1% above this industry median. Based on the distribution chart, Narmada Gelatines ranks #32 out of 1621 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Narmada Gelatines has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Narmada Gelatines' Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Narmada Gelatines ranks #32 out of 1621 companies for Return-on-Tangible-Asset. This places Narmada Gelatines in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.62. Narmada Gelatines' value of 20.89% is 477.1% above this benchmark. Historically, Narmada Gelatines' own Return-on-Tangible-Asset has ranged from 4.49 to 20.80 over the past decade. While the company's 10-year median is 7.77 vs. the industry median of 3.62, Narmada Gelatines 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.62, based on 1,621 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. Narmada Gelatines's current Return-on-Tangible-Asset of 20.89% is 477.1% 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 Narmada Gelatines and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Narmada Gelatines's current Return-on-Tangible-Asset is 20.89%, which is 169% above median its own 10-year median of 7.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Narmada Gelatines stock overvalued right now?
Based on GuruFocus' analysis, Narmada Gelatines (BOM:526739) is currently considered Fairly Valued. The stock's GF Value™ is ₹464.80, compared to a current price of ₹469.25 — trading 1% above its estimated fair value. The current Return-on-Tangible-Asset is 20.89%, which is 169% above median its 10-year median of 7.77 and 477.1% above the Chemicals industry median of 3.62. Narmada Gelatines' overall GF Score™ is 74/100 with 1 warning sign 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 Narmada Gelatines (BOM:526739), the current Return-on-Tangible-Asset is 20.89% 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 Narmada Gelatines (BOM:526739) Overvalued in 2026?
Based on GuruFocus' analysis, Narmada Gelatines stock appears to be overvalued.
The current stock price of ₹469.25 is trading 1% above its estimated GF Value™ of ₹464.80.
GuruFocus considers Narmada Gelatines to be Fairly Valued.
Key valuation signals for BOM:526739:
Return-on-Tangible-Asset: 20.89% (169% above median its 10-year median of 7.77)
GF Value™: ₹464.80 vs. price of ₹469.25 (1% above fair value)
Industry Position: 477.1% above the Chemicals median (#32 of 1621)
No single metric tells the full story. See the BOM:526739 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Narmada Gelatines Ltd manufactures and sells Ossein, Gelatine, and by-product Di-calcium Phosphate (DCP) from its Jabalpur facility. Gelatine, a natural animal protein derived from collagen in animal bones, especially bovine bones, is composed of essential amino acids and used in pharmaceuticals, food, photographic, and technical industries. The company operates mainly in India and exports internationally, with domestic sales forming the majority of its revenue. Gelatine and its related products form the company's main operating segment.
74GF Score
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