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Bharat Wire Ropes (NSE:BHARATWIRE) Return-on-Tangible-Asset : 8.65% (As of Mar. 2025)


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What is Bharat Wire Ropes 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. Bharat Wire Ropes's annualized Net Income for the quarter that ended in Mar. 2025 was ₹826 Mil. Bharat Wire Ropes's average total tangible assets for the quarter that ended in Mar. 2025 was ₹9,549 Mil. Therefore, Bharat Wire Ropes's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 8.65%.

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

NSE:BHARATWIRE' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.03   Med: 0.48   Max: 12.07
Current: 8.15

During the past 13 years, Bharat Wire Ropes's highest Return-on-Tangible-Asset was 12.07%. The lowest was -8.03%. And the median was 0.48%.

NSE:BHARATWIRE's Return-on-Tangible-Asset is ranked better than
88.07% of 637 companies
in the Steel industry
Industry Median: 1.98 vs NSE:BHARATWIRE: 8.15

Bharat Wire Ropes Return-on-Tangible-Asset Historical Data

The historical data trend for Bharat Wire Ropes'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.

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Bharat Wire Ropes Return-on-Tangible-Asset Chart

Bharat Wire Ropes 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 -2.24 1.80 8.01 12.07 8.18

Bharat Wire Ropes 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 10.68 8.85 8.43 6.66 8.65

Competitive Comparison of Bharat Wire Ropes's Return-on-Tangible-Asset

For the Steel subindustry, Bharat Wire Ropes'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.


Bharat Wire Ropes's Return-on-Tangible-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Bharat Wire Ropes's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Bharat Wire Ropes's Return-on-Tangible-Asset falls into.


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Bharat Wire Ropes Return-on-Tangible-Asset Calculation

Bharat Wire Ropes'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 )
=724.401/( (8162.688+9549.458)/ 2 )
=724.401/8856.073
=8.18 %

Bharat Wire Ropes'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 )
=825.972/( (0+9549.458)/ 1 )
=825.972/9549.458
=8.65 %

* 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.


Bharat Wire Ropes  (NSE:BHARATWIRE) 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.


Bharat Wire Ropes Return-on-Tangible-Asset Related Terms

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Bharat Wire Ropes Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, A-701, Trade World Building, Kamala Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400013
Bharat Wire Ropes Ltd manufactures steel wire ropes, wire strands, and wire rope slings. The company produces mechanically spliced slings, hand-spliced slings, earth wires, stay wires, guy wires, and spiral strands. The company also produces general-purpose ropes, fishing ropes, crane ropes, structural ropes, elevator ropes, mining ropes, oil and gas ropes, and shipping ropes. The firm caters to industries including oil and gas, mining, fishing, ports and marine, elevator, power, transmission, railways, construction, infrastructure, defense, and crane manufacturers. The company serves clients around the world.

Bharat Wire Ropes Headlines

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