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Gulshan PolyolsNSE:GULPOLY -1.15%87 Return-on-Tangible-Asset is 16.41% as of Jun. 2026, which is 245% above its 10-year median of 4.76. GuruFocus rates NSE:GULPOLY with a GF Score™ of 87/100 and a GF Value™ of ₹255.94 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,622 Chemicals companies, Gulshan Polyols ranks better than 87.67% 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. Gulshan Polyols's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹2,140 Mil. Gulshan Polyols's average total tangible assets for the quarter that ended in Jun. 2026 was ₹13,044 Mil. Therefore, Gulshan Polyols's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 16.41%.
The historical rank and industry rank for Gulshan Polyols's Return-on-Tangible-Asset or its related term are showing as below:
NSE:GULPOLY'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.66 Med: 4.76 Max: 13.31
Current: 11.31
During the past 13 years, Gulshan Polyols's highest Return-on-Tangible-Asset was 13.31%. The lowest was 1.66%. And the median was 4.76%.
NSE:GULPOLY's Return-on-Tangible-Asset is ranked better than 87.67% of 1622
companies
in the Chemicals industry
Industry Median: 3.62
vs NSE:GULPOLY: 11.31
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.
Gulshan Polyols Return-on-Tangible-Asset Related Terms
Gulshan Polyols Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Gulshan Polyols'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:GULPOLY vs DOW: Return-on-Tangible-Asset Comparison
For the Chemicals subindustry, Gulshan Polyols'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.
Gulshan Polyols Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Gulshan Polyols's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Gulshan Polyols'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 16.41% mean?
Gulshan Polyols (NSE:GULPOLY) has a Return-on-Tangible-Asset of 16.41% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Gulshan Polyols and its competitors. This is 245% above median its historical median of 4.76. Over the past decade, Gulshan Polyols' Return-on-Tangible-Asset has ranged from 1.66 to 13.31. According to the industry distribution chart, Gulshan Polyols ranks #200 out of 1622 companies in the Chemicals industry, placing it in the top 12.3%.
Is Gulshan Polyols' Return-on-Tangible-Asset too high?
Gulshan Polyols' current Return-on-Tangible-Asset of 16.41% is 245% above median its 10-year median of 4.76. Over the past 10 years, this metric has ranged from a low of 1.66 to a high of 13.31. The Chemicals industry median Return-on-Tangible-Asset is 3.62. Gulshan Polyols' value of 16.41% is 353.3% above this industry median. Based on the distribution chart, Gulshan Polyols ranks #200 out of 1622 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Gulshan Polyols has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gulshan Polyols' Return-on-Tangible-Asset compare to DOW?
According to the Chemicals industry distribution chart, Gulshan Polyols ranks #200 out of 1622 companies for Return-on-Tangible-Asset. This places Gulshan Polyols in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.62. Gulshan Polyols' value of 16.41% is 353.3% above this benchmark. Historically, Gulshan Polyols' own Return-on-Tangible-Asset has ranged from 1.66 to 13.31 over the past decade. While the company's 10-year median is 4.76 vs. the industry median of 3.62, Gulshan Polyols 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.62, based on 1,622 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. Gulshan Polyols's current Return-on-Tangible-Asset of 16.41% is 353.3% 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 Gulshan Polyols and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gulshan Polyols's current Return-on-Tangible-Asset is 16.41%, which is 245% above median its own 10-year median of 4.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gulshan Polyols stock overvalued right now?
Based on GuruFocus' analysis, Gulshan Polyols (NSE:GULPOLY) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹255.94, compared to a current price of ₹179.86 — trading 29.7% below its estimated fair value. The current Return-on-Tangible-Asset is 16.41%, which is 245% above median its 10-year median of 4.76 and 353.3% above the Chemicals industry median of 3.62. Gulshan Polyols' overall GF Score™ is 87/100 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 Gulshan Polyols (NSE:GULPOLY), the current Return-on-Tangible-Asset is 16.41% as of Jun. 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 Gulshan Polyols (NSE:GULPOLY) Overvalued in 2026?
Based on GuruFocus' analysis, Gulshan Polyols stock appears to be undervalued.
The current stock price of ₹179.86 is trading 29.7% below its estimated GF Value™ of ₹255.94.
GuruFocus considers Gulshan Polyols to be Significantly Undervalued.
Key valuation signals for NSE:GULPOLY:
Return-on-Tangible-Asset: 16.41% (245% above median its 10-year median of 4.76)
GF Value™: ₹255.94 vs. price of ₹179.86 (29.7% below fair value)
Industry Position: 353.3% above the Chemicals median (#200 of 1622)
No single metric tells the full story. See the NSE:GULPOLY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gulshan Polyols Ltd is a multiproduct manufacturing company. Its business portfolio covers Starch, Starch Sugars, Calcium Carbonate, Alcohol & Ethanol business, Agro-based Animal Feed & On-site PCC plants with production facilities. It caters to a wide range of industry & niche markets in the core sector, encompassing pharmaceuticals, personal care products, footwear, tyres, rubber & plastics, paints, alcohol, value-added paper, agrochemicals, food, and agro products. The company has three segments: mineral processing, grain processing, and Ethanol (Bio-Fuel)/distillery. The majority of its revenue is earned through the Ethanol (Bio-Fuel)/distillery segment. The majority of the revenue is earned through the Indian market, while the company also has a presence in various other countries.
87GF Score
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