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Gulshan Polyols (BOM:532457) Return-on-Tangible-Asset : 2.12% (As of Mar. 2025)


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What is Gulshan Polyols Return-on-Tangible-Asset?

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. Gulshan Polyols's annualized Net Income for the quarter that ended in Mar. 2025 was ₹280 Mil. Gulshan Polyols's average total tangible assets for the quarter that ended in Mar. 2025 was ₹13,228 Mil. Therefore, Gulshan Polyols's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 2.12%.

The historical rank and industry rank for Gulshan Polyols's Return-on-Tangible-Asset or its related term are showing as below:

BOM:532457' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.66   Med: 4.76   Max: 13.31
Current: 2

During the past 13 years, Gulshan Polyols's highest Return-on-Tangible-Asset was 13.31%. The lowest was 1.66%. And the median was 4.76%.

BOM:532457's Return-on-Tangible-Asset is ranked worse than
56.82% of 1577 companies
in the Chemicals industry
Industry Median: 2.85 vs BOM:532457: 2.00

Gulshan Polyols Return-on-Tangible-Asset Historical Data

The historical data trend for Gulshan Polyols'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.

* Premium members only.

Gulshan Polyols Return-on-Tangible-Asset Chart

Gulshan Polyols Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.89 13.31 5.13 1.66 1.99

Gulshan Polyols Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.27 3.35 0.40 2.20 2.12

Competitive Comparison of Gulshan Polyols's Return-on-Tangible-Asset

For the Chemicals subindustry, Gulshan Polyols'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.


Gulshan Polyols's Return-on-Tangible-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Gulshan Polyols's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Gulshan Polyols's Return-on-Tangible-Asset falls into.


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Gulshan Polyols Return-on-Tangible-Asset Calculation

Gulshan Polyols's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=246.663/( (11563.922+13227.663)/ 2 )
=246.663/12395.7925
=1.99 %

Gulshan Polyols's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=280.244/( (0+13227.663)/ 1 )
=280.244/13227.663
=2.12 %

* 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 (Mar. 2025) net income data.


Gulshan Polyols  (BOM:532457) 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.


Gulshan Polyols Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Gulshan Polyols's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Gulshan Polyols Business Description

Traded in Other Exchanges
Address
G-81, Preet Vihar, Delhi, IND, 110092
Gulshan Polyols Ltd is a manufacturer of Precipitated Calcium Carbonate and Sorbitol in India. Its business portfolio covers Starch Sugars and Native Starches, Fructose, Calcium Carbonate, Alcohol business, Ethanol, and On-site PCC plants. The company has three segments; mineral processing, grain processing, and Ethanol (Bio-Fuel)/distillery. The majority of its revenue is earned through the grain processing segment. Majority of the revenue is earned through the Indian market, while the company also has a presence in various other countries.

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