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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. Bhadora Industries's annualizedNet Income for the quarter that ended in Mar. 2025 was ₹137 Mil. Bhadora Industries's average total tangible assets for the quarter that ended in Mar. 2025 was ₹421 Mil. Therefore, Bhadora Industries's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 32.56%.
The historical rank and industry rank for Bhadora Industries's Return-on-Tangible-Asset or its related term are showing as below:
NSE:BHADORA's Return-on-Tangible-Asset is not ranked *
in the Industrial Products industry.
Industry Median: 3.455 * Ranked among companies with meaningful Return-on-Tangible-Asset only.
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.
Bhadora Industries Return-on-Tangible-Asset Related Terms
Bhadora Industries Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Bhadora Industries'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.
Bhadora Industries Return-on-Tangible-Asset Chart
Bhadora Industries Annual Data
Trend
Mar22
Mar23
Mar24
Mar25
Return-on-Tangible-Asset
-0.33
0.97
21.55
28.91
Bhadora Industries Semi-Annual Data
Mar22
Mar23
Mar24
Sep24
Mar25
Return-on-Tangible-Asset
0.00
0.00
0.00
25.67
32.56
NSE:BHADORA vs VRT, BE: Return-on-Tangible-Asset Comparison
For the Electrical Equipment & Parts subindustry, Bhadora Industries'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.
Bhadora Industries Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Bhadora Industries's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Bhadora Industries'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 two times the semi-annual (Mar. 2025) net income data.
What does a Return-on-Tangible-Asset of 32.56% mean?
Bhadora Industries (NSE:BHADORA) has a Return-on-Tangible-Asset of 32.56% as of Mar. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Bhadora Industries and its competitors.
Is Bhadora Industries' Return-on-Tangible-Asset too high?
Bhadora Industries' current Return-on-Tangible-Asset is 32.56%. The Industrial Products industry median Return-on-Tangible-Asset is 3.46. Bhadora Industries' value of 32.56% is 842.4% above this industry median. Overall, Bhadora Industries has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Bhadora Industries' Return-on-Tangible-Asset compare to VRT and BE?
Bhadora Industries' Return-on-Tangible-Asset of 32.56% can be compared against companies in the Industrial Products industry. The industry median Return-on-Tangible-Asset is 3.46. Bhadora Industries' value of 32.56% is 842.4% 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.46, based on 3,086 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. Bhadora Industries's current Return-on-Tangible-Asset of 32.56% is 842.4% 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 Bhadora Industries and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bhadora Industries's current Return-on-Tangible-Asset is 32.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhadora Industries stock overvalued right now?
Bhadora Industries (NSE:BHADORA) has a current Return-on-Tangible-Asset of 32.56%. The current Return-on-Tangible-Asset is 32.56% and 842.4% above the Industrial Products industry median of 3.46. Bhadora Industries' overall GF Score™ is 18/100. 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 Bhadora Industries (NSE:BHADORA), the current Return-on-Tangible-Asset is 32.56% as of Mar. 2025. 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.
Bhadora Industries Ltd is engaged in the business of manufacturing industrial cables which provide efficient electricity transmission and distribution solutions to the government discoms and EPC companies which cater to the diverse electrical connectivity needs of various industrial sectors. It operates under the brand name of Vidhut Cables. Its products are designed for specific functions in electricity transmission and distribution. Each product serves a specific function in electricity transmission, from reliable power distribution in low voltage applications to high performance cables used in overhead power lines.
18GF Score
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