GTL Infrastructure (BOM:532775) Return-on-Tangible-Asset: 8.88% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:532775 GTL Infrastructure Ltd BOM:532775
54 GF Score
Price ₹1.16
GF Value ₹1.51
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is GTL Infrastructure Return-on-Tangible-Asset?

GTL Infrastructure BOM:532775 54 Return-on-Tangible-Asset is 8.88% as of Jun. 2026. GuruFocus rates BOM:532775 with a GF Score™ of 54/100 and a GF Value™ of ₹1.51 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,497 Hardware companies, GTL Infrastructure ranks better than 98.2% 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. GTL Infrastructure's annualized Net Income for the quarter that ended in Jun. 2026 was ₹2,776 Mil. GTL Infrastructure's average total tangible assets for the quarter that ended in Jun. 2026 was ₹31,250 Mil. Therefore, GTL Infrastructure's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 8.88%.

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

BOM:532775' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -36.99   Med: -19.41   Max: 29.12
Current: 29.12

During the past 13 years, GTL Infrastructure's highest Return-on-Tangible-Asset was 29.12%. The lowest was -36.99%. And the median was -19.41%.

BOM:532775's Return-on-Tangible-Asset is ranked better than
98.2% of 2497 companies
in the Hardware industry
Industry Median: 2.89 vs BOM:532775: 29.12

GTL Infrastructure  (BOM:532775) 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.


GTL Infrastructure Return-on-Tangible-Asset Related Terms


GTL Infrastructure Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for GTL Infrastructure'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.

GTL Infrastructure Return-on-Tangible-Asset Chart

GTL Infrastructure 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 -24.58 -36.99 -16.08 -21.03 21.52

GTL Infrastructure 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 -22.59 -19.87 2.01 151.76 8.88

BOM:532775 vs CSCO, MSI, LITE: Return-on-Tangible-Asset Comparison

For the Communication Equipment subindustry, GTL Infrastructure'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.


GTL Infrastructure Return-on-Tangible-Asset vs Hardware Industry

For the Hardware industry and Technology sector, GTL Infrastructure's Return-on-Tangible-Asset distribution charts can be found below:

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


BOM:532775
54GF Score
GTL Infrastructure Ltd BOM:532775
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GTL Infrastructure Return-on-Tangible-Asset Calculation

GTL Infrastructure'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 )
=7792.6/( (41161.9+31249.7)/ 2 )
=7792.6/36205.8
=21.52 %

GTL Infrastructure'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 )
=2775.6/( (31249.7+0)/ 1 )
=2775.6/31249.7
=8.88 %

* 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 8.88% mean?
GTL Infrastructure (BOM:532775) has a Return-on-Tangible-Asset of 8.88% 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 GTL Infrastructure and its competitors. According to the industry distribution chart, GTL Infrastructure ranks #45 out of 2497 companies in the Hardware industry, placing it in the top 1.8%.
Is GTL Infrastructure's Return-on-Tangible-Asset too high?
GTL Infrastructure's current Return-on-Tangible-Asset is 8.88%. The Hardware industry median Return-on-Tangible-Asset is 2.89. GTL Infrastructure's value of 8.88% is 207.3% above this industry median. Based on the distribution chart, GTL Infrastructure ranks #45 out of 2497 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, GTL Infrastructure has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GTL Infrastructure's Return-on-Tangible-Asset compare to CSCO and MSI?
According to the Hardware industry distribution chart, GTL Infrastructure ranks #45 out of 2497 companies for Return-on-Tangible-Asset. This places GTL Infrastructure in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.89. GTL Infrastructure's value of 8.88% is 207.3% above this benchmark. 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.89, based on 2,497 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. GTL Infrastructure's current Return-on-Tangible-Asset of 8.88% is 207.3% 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 GTL Infrastructure and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GTL Infrastructure's current Return-on-Tangible-Asset is 8.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GTL Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, GTL Infrastructure (BOM:532775) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1.51, compared to a current price of ₹1.16 — trading 23.2% below its estimated fair value. The current Return-on-Tangible-Asset is 8.88% and 207.3% above the Hardware industry median of 2.89. GTL Infrastructure's overall GF Score™ is 54/100 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 GTL Infrastructure (BOM:532775), the current Return-on-Tangible-Asset is 8.88% 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 GTL Infrastructure (BOM:532775) Overvalued in 2026?

Based on GuruFocus' analysis, GTL Infrastructure stock appears to be undervalued. The current stock price of ₹1.16 is trading 23.2% below its estimated GF Value™ of ₹1.51. GuruFocus considers GTL Infrastructure to be Modestly Undervalued.

Key valuation signals for BOM:532775:

  • Return-on-Tangible-Asset: 8.88%
  • GF Value™: ₹1.51 vs. price of ₹1.16 (23.2% below fair value)
  • GF Score™: 54/100 with 6 warning signs
  • Industry Position: 207.3% above the Hardware median (#45 of 2497)

No single metric tells the full story. See the BOM:532775 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GTL Infrastructure Business Description

Other Exchanges GTLINFRA:India
Address 29 Walchand Hirachand Marg, 412, Janmabhoomi Chambers, Ballard Estate, Mumbai, MH, IND, 400 001
GTL Infrastructure Ltd is a telecom tower company operational in India. It provides passive infrastructure on a shared basis to telecom operators. The firm's business model is based on building, owning, operating and maintaining the passive telecom infrastructure sites capable of hosting multiple service providers. It also associates with projects being promoted by the department of telecommunications and cellular operators association of India.
54GF Score

Get the complete analysis for BOM:532775

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

₹1.16
Price
₹1.51
GF Value