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.
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.
DCM Shriram IndustriesNSE:DCMSRIND -0.13%57 Return-on-Tangible-Asset is 4.49% as of Mar. 2026, which is 1% below its 10-year median of 4.55. GuruFocus rates NSE:DCMSRIND with a GF Score™ of 57/100 and a GF Value™ of ₹3.35 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,997 Consumer Packaged Goods companies, DCM Shriram Industries ranks worse than 55.88% 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. DCM Shriram Industries's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹636 Mil. DCM Shriram Industries's average total tangible assets for the quarter that ended in Mar. 2026 was ₹14,189 Mil. Therefore, DCM Shriram Industries's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.49%.
The historical rank and industry rank for DCM Shriram Industries's Return-on-Tangible-Asset or its related term are showing as below:
NSE:DCMSRIND'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.67 Med: 4.55 Max: 10.96
Current: 2.59
During the past 13 years, DCM Shriram Industries's highest Return-on-Tangible-Asset was 10.96%. The lowest was 1.67%. And the median was 4.55%.
NSE:DCMSRIND's Return-on-Tangible-Asset is ranked worse than 55.88% of 1997
companies
in the Consumer Packaged Goods industry
Industry Median: 3.43
vs NSE:DCMSRIND: 2.59
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.
DCM Shriram Industries Return-on-Tangible-Asset Related Terms
DCM Shriram Industries Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for DCM Shriram 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.
NSE:DCMSRIND vs MDLZ, HSY, TR: Return-on-Tangible-Asset Comparison
For the Confectioners subindustry, DCM Shriram 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.
DCM Shriram Industries Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, DCM Shriram Industries's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where DCM Shriram 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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 4.49% mean?
DCM Shriram Industries (NSE:DCMSRIND) has a Return-on-Tangible-Asset of 4.49% 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 DCM Shriram Industries and its competitors. This is near median its historical median of 4.55. Over the past decade, DCM Shriram Industries' Return-on-Tangible-Asset has ranged from 1.67 to 10.96. According to the industry distribution chart, DCM Shriram Industries ranks #1116 out of 1997 companies in the Consumer Packaged Goods industry, placing it in the top 55.9%.
Is DCM Shriram Industries' Return-on-Tangible-Asset too high?
DCM Shriram Industries' current Return-on-Tangible-Asset of 4.49% is near median its 10-year median of 4.55. Over the past 10 years, this metric has ranged from a low of 1.67 to a high of 10.96. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.43. DCM Shriram Industries' value of 4.49% is 30.9% above this industry median. Based on the distribution chart, DCM Shriram Industries ranks #1116 out of 1997 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, DCM Shriram Industries has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DCM Shriram Industries' Return-on-Tangible-Asset compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, DCM Shriram Industries ranks #1116 out of 1997 companies for Return-on-Tangible-Asset. This places DCM Shriram Industries in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.43. DCM Shriram Industries' value of 4.49% is 30.9% above this benchmark. Historically, DCM Shriram Industries' own Return-on-Tangible-Asset has ranged from 1.67 to 10.96 over the past decade. While the company's 10-year median is 4.55 vs. the industry median of 3.43, DCM Shriram Industries 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. DCM Shriram Industries's current Return-on-Tangible-Asset of 4.49% is 30.9% 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 DCM Shriram Industries 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. DCM Shriram Industries's current Return-on-Tangible-Asset is 4.49%, which is near median its own 10-year median of 4.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DCM Shriram Industries stock overvalued right now?
Based on GuruFocus' analysis, DCM Shriram Industries (NSE:DCMSRIND) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3.35, compared to a current price of ₹39.81 — trading 1088.4% above its estimated fair value. The current Return-on-Tangible-Asset is 4.49%, which is near median its 10-year median of 4.55 and 30.9% above the Consumer Packaged Goods industry median of 3.43. DCM Shriram Industries' overall GF Score™ is 57/100 with 7 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 DCM Shriram Industries (NSE:DCMSRIND), the current Return-on-Tangible-Asset is 4.49% 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 DCM Shriram Industries (NSE:DCMSRIND) Overvalued in 2026?
Based on GuruFocus' analysis, DCM Shriram Industries stock appears to be overvalued.
The current stock price of ₹39.81 is trading 1088.4% above its estimated GF Value™ of ₹3.35.
GuruFocus considers DCM Shriram Industries to be Significantly Overvalued.
Key valuation signals for NSE:DCMSRIND:
Return-on-Tangible-Asset: 4.49% (near median its 10-year median of 4.55)
GF Value™: ₹3.35 vs. price of ₹39.81 (1088.4% above fair value)
Industry Position: 30.9% above the Consumer Packaged Goods median (#1116 of 1997)
No single metric tells the full story. See the NSE:DCMSRIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DCM Shriram Industries Ltd is engaged in the production and sale of sugar, alcohol, power, chemicals, and industrial fibers. The group's reportable operating segments include Sugar, Industrial fibres and related products, and Chemicals. The majority of its revenue is generated from the Sugar segment, which comprises sugar, power, and alcohols. The Industrial fibers and related products segment comprises rayon, synthetic yarn, cord, fabric, and others, and the Chemicals segment comprises organics and fine chemicals. Geographically, the group derives a majority of its revenue from India and also has a presence in Europe, China, and the Rest of the World.
57GF Score
Get the complete analysis for NSE:DCMSRIND
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:DCMSRIND has been successfully added to your 
