Dolphin Kitchen Utensils and Appliances (BOM:544170) Return-on-Tangible-Asset: 0.04% (As of Mar. 2026) — 99% Below Median

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Director of Data and Quant Analytics at GuruFocus
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BOM:544170 Dolphin Kitchen Utensils and Appliances Ltd BOM:544170
18 GF Score
Price ₹8.00
! 5 Warning Signs
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What is Dolphin Kitchen Utensils and Appliances Return-on-Tangible-Asset?

Dolphin Kitchen Utensils and Appliances BOM:544170 +1.91% 18 Return-on-Tangible-Asset is 0.04% as of Mar. 2026, which is 99% below its 10-year median of 7.70. GuruFocus rates BOM:544170 with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 632 Steel companies, Dolphin Kitchen Utensils and Appliances ranks better than 73.89% 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. Dolphin Kitchen Utensils and Appliances's annualized Net Income for the quarter that ended in Mar. 2026 was ₹0.3 Mil. Dolphin Kitchen Utensils and Appliances's average total tangible assets for the quarter that ended in Mar. 2026 was ₹748.2 Mil. Therefore, Dolphin Kitchen Utensils and Appliances's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.04%.

The historical rank and industry rank for Dolphin Kitchen Utensils and Appliances's Return-on-Tangible-Asset or its related term are showing as below:

BOM:544170' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.15   Med: 7.7   Max: 10.71
Current: 5.39

During the past 4 years, Dolphin Kitchen Utensils and Appliances's highest Return-on-Tangible-Asset was 10.71%. The lowest was 0.15%. And the median was 7.70%.

BOM:544170's Return-on-Tangible-Asset is ranked better than
73.89% of 632 companies
in the Steel industry
Industry Median: 2.41 vs BOM:544170: 5.39

Dolphin Kitchen Utensils and Appliances  (BOM:544170) 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.


Dolphin Kitchen Utensils and Appliances Return-on-Tangible-Asset Related Terms


Dolphin Kitchen Utensils and Appliances Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Dolphin Kitchen Utensils and Appliances'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.

Dolphin Kitchen Utensils and Appliances Return-on-Tangible-Asset Chart

Dolphin Kitchen Utensils and Appliances Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
0.15 9.42 10.71 5.97

Dolphin Kitchen Utensils and Appliances Semi-Annual Data
Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial 4.82 5.37 4.44 5.52 0.04

BOM:544170 vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison

For the Steel subindustry, Dolphin Kitchen Utensils and Appliances'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.


Dolphin Kitchen Utensils and Appliances Return-on-Tangible-Asset vs Steel Industry

For the Steel industry and Basic Materials sector, Dolphin Kitchen Utensils and Appliances's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Dolphin Kitchen Utensils and Appliances's Return-on-Tangible-Asset falls into.


BOM:544170
18GF Score
Dolphin Kitchen Utensils and Appliances Ltd BOM:544170
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Dolphin Kitchen Utensils and Appliances Return-on-Tangible-Asset Calculation

Dolphin Kitchen Utensils and Appliances'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 )
=35.753/( (492.476+705.299)/ 2 )
=35.753/598.8875
=5.97 %

Dolphin Kitchen Utensils and Appliances's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=0.324/( (791.128+705.299)/ 2 )
=0.324/748.2135
=0.04 %

* 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 one times the annual (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of 0.04% mean?
Dolphin Kitchen Utensils and Appliances (BOM:544170) has a Return-on-Tangible-Asset of 0.04% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Dolphin Kitchen Utensils and Appliances and its competitors. This is 99% below median its historical median of 7.70. Over the past decade, Dolphin Kitchen Utensils and Appliances' Return-on-Tangible-Asset has ranged from 0.15 to 10.71. According to the industry distribution chart, Dolphin Kitchen Utensils and Appliances ranks #165 out of 632 companies in the Steel industry, placing it in the top 26.1%.
Is Dolphin Kitchen Utensils and Appliances' Return-on-Tangible-Asset too high?
Dolphin Kitchen Utensils and Appliances' current Return-on-Tangible-Asset of 0.04% is 99% below median its 10-year median of 7.70. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 10.71. The Steel industry median Return-on-Tangible-Asset is 2.41. Dolphin Kitchen Utensils and Appliances' value of 0.04% is 98.3% below this industry median. Based on the distribution chart, Dolphin Kitchen Utensils and Appliances ranks #165 out of 632 companies in the Steel industry, which is above the industry midpoint. Overall, Dolphin Kitchen Utensils and Appliances has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Dolphin Kitchen Utensils and Appliances' Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Dolphin Kitchen Utensils and Appliances ranks #165 out of 632 companies for Return-on-Tangible-Asset. This puts Dolphin Kitchen Utensils and Appliances in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.41. Dolphin Kitchen Utensils and Appliances' value of 0.04% is 98.3% below this benchmark. Historically, Dolphin Kitchen Utensils and Appliances' own Return-on-Tangible-Asset has ranged from 0.15 to 10.71 over the past decade. While the company's 10-year median is 7.70 vs. the industry median of 2.41, Dolphin Kitchen Utensils and Appliances has consistently been below 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 Steel company?
The median Return-on-Tangible-Asset among Steel companies is 2.41, based on 632 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. Dolphin Kitchen Utensils and Appliances's current Return-on-Tangible-Asset of 0.04% is 98.3% below 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 Dolphin Kitchen Utensils and Appliances and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dolphin Kitchen Utensils and Appliances's current Return-on-Tangible-Asset is 0.04%, which is 99% below median its own 10-year median of 7.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dolphin Kitchen Utensils and Appliances stock overvalued right now?
Dolphin Kitchen Utensils and Appliances (BOM:544170) has a current Return-on-Tangible-Asset of 0.04%. The current Return-on-Tangible-Asset is 0.04%, which is 99% below median its 10-year median of 7.70 and 98.3% below the Steel industry median of 2.41. Dolphin Kitchen Utensils and Appliances' overall GF Score™ is 18/100 with 5 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 Dolphin Kitchen Utensils and Appliances (BOM:544170), the current Return-on-Tangible-Asset is 0.04% as of Mar. 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.

Dolphin Kitchen Utensils and Appliances Business Description

Address 05, Harekrishana Industrial Estate Bakrol, Daskroi, Ahmedabad, GJ, IND, 382430
Dolphin Kitchen Utensils and Appliances Ltd Formerly Sai Swami Metals & Alloys Ltd is involved in the trading and marketing of a comprehensive array of stainless steel products. Its product range includes kitchenware, including Dinner Sets, S.S. Casseroles, S.S. Multi Kadai, S.S. Water Bottles, Stainless Steel Sheets, Stainless Steel Circles, and various types of utensils. Also engaged in trading of basic raw material like S.S. Patta, S.S. Sheet, S.S. Coil, S.S. Scrap, S.S. Pipe, M.S. Round (Mild Steel Round) and M.S. beam.
18GF Score

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

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