GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kalyani Cast Tech Ltd (BOM:544023) » Definitions » Return-on-Tangible-Asset

Kalyani Cast Tech (BOM:544023) Return-on-Tangible-Asset : 16.11% (As of Mar. 2025)


View and export this data going back to 2023. Start your Free Trial

What is Kalyani Cast Tech 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. Kalyani Cast Tech's annualized Net Income for the quarter that ended in Mar. 2025 was ₹123 Mil. Kalyani Cast Tech's average total tangible assets for the quarter that ended in Mar. 2025 was ₹762 Mil. Therefore, Kalyani Cast Tech's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 16.11%.

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

BOM:544023' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.59   Med: 20.45   Max: 39.96
Current: 19.72

During the past 5 years, Kalyani Cast Tech's highest Return-on-Tangible-Asset was 39.96%. The lowest was 2.59%. And the median was 20.45%.

BOM:544023's Return-on-Tangible-Asset is ranked better than
97.26% of 3028 companies
in the Industrial Products industry
Industry Median: 3.295 vs BOM:544023: 19.72

Kalyani Cast Tech Return-on-Tangible-Asset Historical Data

The historical data trend for Kalyani Cast Tech'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.

Kalyani Cast Tech Return-on-Tangible-Asset Chart

Kalyani Cast Tech Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Asset
2.59 7.91 39.96 21.58 20.45

Kalyani Cast Tech Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25
Return-on-Tangible-Asset Get a 7-Day Free Trial - 48.37 11.51 22.87 16.11

Competitive Comparison of Kalyani Cast Tech's Return-on-Tangible-Asset

For the Metal Fabrication subindustry, Kalyani Cast Tech'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.


Kalyani Cast Tech's Return-on-Tangible-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kalyani Cast Tech's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Kalyani Cast Tech's Return-on-Tangible-Asset falls into.


;
;

Kalyani Cast Tech Return-on-Tangible-Asset Calculation

Kalyani Cast Tech'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 )
=142.655/( (646.002+749.112)/ 2 )
=142.655/697.557
=20.45 %

Kalyani Cast Tech'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: Sep. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Sep. 2024 )(Q: Mar. 2025 )
=122.766/( (775.452+749.112)/ 2 )
=122.766/762.282
=16.11 %

* 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 two times the semi-annual (Mar. 2025) net income data.


Kalyani Cast Tech  (BOM:544023) 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.


Kalyani Cast Tech Return-on-Tangible-Asset Related Terms

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


Kalyani Cast Tech Business Description

Traded in Other Exchanges
N/A
Address
B-144, DDA Shed Phase-1, Okhla Industrial Area, 2nd Floor, South Delhi, New Delhi, Delhi, IND, 110020
Kalyani Cast Tech Ltd is a cargo container manufacturing company. It manufactures a wide product range of castings, including finished components, and are specialist in various types of cargo containers such as ISO containers 20', 25', 40', 42', and other special containers including dwarf containers, cuboid containers, special containers for parcel cargo and containers for two & three wheelers. It has a diverse client base such as Indian railways, companies engaged in the mining industry, cement Industry, chemicals and fertilizer and power plants.

Kalyani Cast Tech Headlines

No Headlines