Integrity Infrabuild Developers (NSE:INTEGRITY) Return-on-Tangible-Asset: 16.99% (As of Mar. 2026) — 222% Above 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:INTEGRITY Integrity Infrabuild Developers Ltd NSE:INTEGRITY
13 GF Score
Price ₹160.00
! 4 Warning Signs
View Full Analysis

What is Integrity Infrabuild Developers Return-on-Tangible-Asset?

Integrity Infrabuild Developers NSE:INTEGRITY -0.62% 13 Return-on-Tangible-Asset is 16.99% as of Mar. 2026, which is 222% above its 10-year median of 5.28. GuruFocus rates NSE:INTEGRITY with a GF Score™ of 13/100. The stock has 4 warning signs investors should review. Among 1,780 Construction companies, Integrity Infrabuild Developers ranks better than 91.63% 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. Integrity Infrabuild Developers's annualized Net Income for the quarter that ended in Mar. 2026 was ₹90 Mil. Integrity Infrabuild Developers's average total tangible assets for the quarter that ended in Mar. 2026 was ₹529 Mil. Therefore, Integrity Infrabuild Developers's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 16.99%.

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

NSE:INTEGRITY' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.08   Med: 5.28   Max: 13.42
Current: 13.03

During the past 5 years, Integrity Infrabuild Developers's highest Return-on-Tangible-Asset was 13.42%. The lowest was 2.08%. And the median was 5.28%.

NSE:INTEGRITY's Return-on-Tangible-Asset is ranked better than
91.63% of 1780 companies
in the Construction industry
Industry Median: 3.06 vs NSE:INTEGRITY: 13.03

Integrity Infrabuild Developers  (NSE:INTEGRITY) 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.


Integrity Infrabuild Developers Return-on-Tangible-Asset Related Terms


Integrity Infrabuild Developers Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Integrity Infrabuild Developers'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.

Integrity Infrabuild Developers Return-on-Tangible-Asset Chart

Integrity Infrabuild Developers Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
2.29 2.08 5.28 13.42 11.85

Integrity Infrabuild Developers Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial 0.00 14.03 0.00 10.07 16.99

NSE:INTEGRITY vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison

For the Engineering & Construction subindustry, Integrity Infrabuild Developers'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.


Integrity Infrabuild Developers Return-on-Tangible-Asset vs Construction Industry

For the Construction industry and Industrials sector, Integrity Infrabuild Developers's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Integrity Infrabuild Developers's Return-on-Tangible-Asset falls into.


NSE:INTEGRITY
13GF Score
Integrity Infrabuild Developers Ltd NSE:INTEGRITY
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Integrity Infrabuild Developers Return-on-Tangible-Asset Calculation

Integrity Infrabuild Developers'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 )
=68.967/( (0+582.062)/ 1 )
=68.967/582.062
=11.85 %

Integrity Infrabuild Developers'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: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=89.948/( (476.61+582.062)/ 2 )
=89.948/529.336
=16.99 %

* 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. 2026) net income data.

What does a Return-on-Tangible-Asset of 16.99% mean?
Integrity Infrabuild Developers (NSE:INTEGRITY) has a Return-on-Tangible-Asset of 16.99% 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 Integrity Infrabuild Developers and its competitors. This is 222% above median its historical median of 5.28. Over the past decade, Integrity Infrabuild Developers' Return-on-Tangible-Asset has ranged from 2.08 to 13.42. According to the industry distribution chart, Integrity Infrabuild Developers ranks #149 out of 1780 companies in the Construction industry, placing it in the top 8.4%.
Is Integrity Infrabuild Developers' Return-on-Tangible-Asset too high?
Integrity Infrabuild Developers' current Return-on-Tangible-Asset of 16.99% is 222% above median its 10-year median of 5.28. Over the past 10 years, this metric has ranged from a low of 2.08 to a high of 13.42. The Construction industry median Return-on-Tangible-Asset is 3.06. Integrity Infrabuild Developers' value of 16.99% is 455.2% above this industry median. Based on the distribution chart, Integrity Infrabuild Developers ranks #149 out of 1780 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Integrity Infrabuild Developers has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Integrity Infrabuild Developers' Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Integrity Infrabuild Developers ranks #149 out of 1780 companies for Return-on-Tangible-Asset. This places Integrity Infrabuild Developers in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.06. Integrity Infrabuild Developers' value of 16.99% is 455.2% above this benchmark. Historically, Integrity Infrabuild Developers' own Return-on-Tangible-Asset has ranged from 2.08 to 13.42 over the past decade. While the company's 10-year median is 5.28 vs. the industry median of 3.06, Integrity Infrabuild Developers 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.06, based on 1,780 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. Integrity Infrabuild Developers's current Return-on-Tangible-Asset of 16.99% is 455.2% 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 Integrity Infrabuild Developers and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Integrity Infrabuild Developers's current Return-on-Tangible-Asset is 16.99%, which is 222% above median its own 10-year median of 5.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Integrity Infrabuild Developers stock overvalued right now?
Integrity Infrabuild Developers (NSE:INTEGRITY) has a current Return-on-Tangible-Asset of 16.99%. The current Return-on-Tangible-Asset is 16.99%, which is 222% above median its 10-year median of 5.28 and 455.2% above the Construction industry median of 3.06. Integrity Infrabuild Developers' overall GF Score™ is 13/100 with 4 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 Integrity Infrabuild Developers (NSE:INTEGRITY), the current Return-on-Tangible-Asset is 16.99% 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.

Integrity Infrabuild Developers Business Description

Address Jetalpur Road, Office No - 02, Indiabulls Mega Mall, Akota, Vadodara, GJ, IND, 390020
Integrity Infrabuild Developers Ltd is engaged in the construction and maintenance of motorways, streets, roads, highways, bridges, tunnels, subways, and other vehicular and pedestrian ways. While the construction industry remains the Highest customer segment, the Company continues to invest in construction modernization, including roads, highways, bridges, tunnels, urban infrastructure, and industrial development. Consequently, the Company has made good progress in acquiring new international as well as domestic customers and brands across various markets.
13GF Score

Get the complete analysis for NSE:INTEGRITY

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

₹160.00
Price