Dabur India (NSE:DABUR) Return-on-Tangible-Asset: 8.98% (As of Mar. 2026) — 45% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:DABUR Dabur India Ltd NSE:DABUR
86 GF Score
Price ₹427.35
GF Value ₹576.66
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Dabur India Return-on-Tangible-Asset?

Dabur India NSE:DABUR +0.98% 86 Return-on-Tangible-Asset is 8.98% as of Mar. 2026, which is 45% below its 10-year median of 16.23. GuruFocus rates NSE:DABUR with a GF Score™ of 86/100 and a GF Value™ of ₹576.66 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,997 Consumer Packaged Goods companies, Dabur India ranks better than 86.23% 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. Dabur India's annualized Net Income for the quarter that ended in Mar. 2026 was ₹14,744 Mil. Dabur India's average total tangible assets for the quarter that ended in Mar. 2026 was ₹164,234 Mil. Therefore, Dabur India's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 8.98%.

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

NSE:DABUR' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 12.03   Med: 16.23   Max: 18.49
Current: 12.08

During the past 13 years, Dabur India's highest Return-on-Tangible-Asset was 18.49%. The lowest was 12.03%. And the median was 16.23%.

NSE:DABUR's Return-on-Tangible-Asset is ranked better than
86.23% of 1997 companies
in the Consumer Packaged Goods industry
Industry Median: 3.43 vs NSE:DABUR: 12.08

Dabur India  (NSE:DABUR) 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.


Dabur India Return-on-Tangible-Asset Related Terms


Dabur India Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Dabur India'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.

Dabur India Return-on-Tangible-Asset Chart

Dabur India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.49 14.02 14.04 12.20 12.03

Dabur India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 8.49 13.63 11.63 14.38 8.98

NSE:DABUR vs PG, CL, KVUE: Return-on-Tangible-Asset Comparison

For the Household & Personal Products subindustry, Dabur India'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.


Dabur India Return-on-Tangible-Asset vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dabur India's Return-on-Tangible-Asset distribution charts can be found below:

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


NSE:DABUR
86GF Score
Dabur India Ltd NSE:DABUR
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dabur India Return-on-Tangible-Asset Calculation

Dabur India'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 )
=18950.3/( (150833.9+164234.2)/ 2 )
=18950.3/157534.05
=12.03 %

Dabur India'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: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=14744/( (0+164234.2)/ 1 )
=14744/164234.2
=8.98 %

* 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. 2026) net income data.

What does a Return-on-Tangible-Asset of 8.98% mean?
Dabur India (NSE:DABUR) has a Return-on-Tangible-Asset of 8.98% 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 Dabur India and its competitors. This is 45% below median its historical median of 16.23. Over the past decade, Dabur India's Return-on-Tangible-Asset has ranged from 12.03 to 18.49. According to the industry distribution chart, Dabur India ranks #275 out of 1997 companies in the Consumer Packaged Goods industry, placing it in the top 13.8%.
Is Dabur India's Return-on-Tangible-Asset too high?
Dabur India's current Return-on-Tangible-Asset of 8.98% is 45% below median its 10-year median of 16.23. Over the past 10 years, this metric has ranged from a low of 12.03 to a high of 18.49. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.43. Dabur India's value of 8.98% is 161.8% above this industry median. Based on the distribution chart, Dabur India ranks #275 out of 1997 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Dabur India has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dabur India's Return-on-Tangible-Asset compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Dabur India ranks #275 out of 1997 companies for Return-on-Tangible-Asset. This places Dabur India in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.43. Dabur India's value of 8.98% is 161.8% above this benchmark. Historically, Dabur India's own Return-on-Tangible-Asset has ranged from 12.03 to 18.49 over the past decade. While the company's 10-year median is 16.23 vs. the industry median of 3.43, Dabur India has consistently been above 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.43, based on 1,997 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. Dabur India's current Return-on-Tangible-Asset of 8.98% is 161.8% 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 Dabur India and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dabur India's current Return-on-Tangible-Asset is 8.98%, which is 45% below median its own 10-year median of 16.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dabur India stock overvalued right now?
Based on GuruFocus' analysis, Dabur India (NSE:DABUR) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹576.66, compared to a current price of ₹427.35 — trading 25.9% below its estimated fair value. The current Return-on-Tangible-Asset is 8.98%, which is 45% below median its 10-year median of 16.23 and 161.8% above the Consumer Packaged Goods industry median of 3.43. Dabur India's overall GF Score™ is 86/100 with 3 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 Dabur India (NSE:DABUR), the current Return-on-Tangible-Asset is 8.98% 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.

Is Dabur India (NSE:DABUR) Overvalued in 2026?

Based on GuruFocus' analysis, Dabur India stock appears to be undervalued. The current stock price of ₹427.35 is trading 25.9% below its estimated GF Value™ of ₹576.66. GuruFocus considers Dabur India to be Modestly Undervalued.

Key valuation signals for NSE:DABUR:

  • Return-on-Tangible-Asset: 8.98% (45% below median its 10-year median of 16.23)
  • GF Value™: ₹576.66 vs. price of ₹427.35 (25.9% below fair value)
  • GF Score™: 86/100 with 3 warning signs
  • Industry Position: 161.8% above the Consumer Packaged Goods median (#275 of 1997)

No single metric tells the full story. See the NSE:DABUR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dabur India Business Description

Other Exchanges 500096:India
Address Kaushambi, Dabur Corporate Office, Sahibabad, Ghaziabad, UP, IND, 201010
Dabur India Ltd is an Indian FMCG company. Dabur operates in various consumer product categories: hair care, oral care, healthcare, skin care, home and personal care foods. Its portfolio includes the following separate brand identities, promoting a product category: Dabur, for natural healthcare products; Real, for fruit juices and drinks; Vatika, for premium personal care; Hajmola, for digestives; and Fem for skin-care products. The operating segments of the company are; Consumer care, Food, Retail, and others. Maximum revenue is generated from its Consumer care business which represents the sales of home care, personal care, and health care products.
86GF Score

Get the complete analysis for NSE:DABUR

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

₹427.35
Price
₹576.66
GF Value