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Chavda Infra (NSE:CHAVDA) Return-on-Tangible-Asset : 7.21% (As of Mar. 2025)


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What is Chavda Infra 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. Chavda Infra's annualized Net Income for the quarter that ended in Mar. 2025 was ₹236 Mil. Chavda Infra's average total tangible assets for the quarter that ended in Mar. 2025 was ₹3,279 Mil. Therefore, Chavda Infra's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 7.21%.

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

NSE:CHAVDA' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.12   Med: 6.89   Max: 9.27
Current: 6.98

During the past 5 years, Chavda Infra's highest Return-on-Tangible-Asset was 9.27%. The lowest was 5.12%. And the median was 6.89%.

NSE:CHAVDA's Return-on-Tangible-Asset is ranked better than
67.37% of 95 companies
in the Homebuilding & Construction industry
Industry Median: 3.88 vs NSE:CHAVDA: 6.98

Chavda Infra Return-on-Tangible-Asset Historical Data

The historical data trend for Chavda Infra'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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Chavda Infra Return-on-Tangible-Asset Chart

Chavda Infra Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Asset
5.12 5.33 9.16 9.27 6.89

Chavda Infra Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
Return-on-Tangible-Asset Get a 7-Day Free Trial 10.34 7.07 10.27 6.82 7.21

Competitive Comparison of Chavda Infra's Return-on-Tangible-Asset

For the Residential Construction subindustry, Chavda Infra'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.


Chavda Infra's Return-on-Tangible-Asset Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Chavda Infra's Return-on-Tangible-Asset distribution charts can be found below:

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


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Chavda Infra Return-on-Tangible-Asset Calculation

Chavda Infra'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 )
=211.021/( (2506.084+3620.234)/ 2 )
=211.021/3063.159
=6.89 %

Chavda Infra'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 )
=236.282/( (2938.459+3620.234)/ 2 )
=236.282/3279.3465
=7.21 %

* 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.


Chavda Infra  (NSE:CHAVDA) 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.


Chavda Infra Return-on-Tangible-Asset Related Terms

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Chavda Infra Business Description

Traded in Other Exchanges
N/A
Address
Iscon-Ambali BRTS Road, SHOP NO. 304 - 307, 406 & 407, Near Neptune House, Ahmedabad, GJ, IND, 380058
Chavda Infra Ltd is a integrated civil construction company offering a diversified range of construction and allied services across residential, commercial and institutional projects in Gujarat, especially in Ahmedabad and Rajkot. The company provides services across the construction value chain, ranging from planning and design to construction and post-construction activities to their clients. It derives revenue from following three business verticals such as Contracting Services, Development Services, and Commercial Renting Services.

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