India Pesticides (NSE:IPL) Return-on-Tangible-Asset: 9.17% (As of Mar. 2026) — 40% Below Median

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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.
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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:IPL India Pesticides Ltd NSE:IPL
81 GF Score
Price ₹157.63
GF Value ₹272.63
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

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

India Pesticides NSE:IPL +0.93% 81 Return-on-Tangible-Asset is 9.17% as of Mar. 2026, which is 40% below its 10-year median of 15.29. GuruFocus rates NSE:IPL with a GF Score™ of 81/100 and a GF Value™ of ₹272.63 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 259 Agriculture companies, India Pesticides ranks better than 82.24% 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. India Pesticides's annualized Net Income for the quarter that ended in Mar. 2026 was ₹1,224 Mil. India Pesticides's average total tangible assets for the quarter that ended in Mar. 2026 was ₹13,354 Mil. Therefore, India Pesticides's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 9.17%.

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

NSE:IPL' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.26   Med: 15.29   Max: 30.49
Current: 9.57

During the past 8 years, India Pesticides's highest Return-on-Tangible-Asset was 30.49%. The lowest was 6.26%. And the median was 15.29%.

NSE:IPL's Return-on-Tangible-Asset is ranked better than
82.24% of 259 companies
in the Agriculture industry
Industry Median: 3.5 vs NSE:IPL: 9.57

India Pesticides  (NSE:IPL) 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.


India Pesticides Return-on-Tangible-Asset Related Terms


India Pesticides Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for India Pesticides'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.

India Pesticides Return-on-Tangible-Asset Chart

India Pesticides Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial 24.13 16.73 6.26 7.67 9.67

India Pesticides 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 7.63 12.23 9.88 7.09 9.17

NSE:IPL vs CTVA, CF, MOS: Return-on-Tangible-Asset Comparison

For the Agricultural Inputs subindustry, India Pesticides'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.


India Pesticides Return-on-Tangible-Asset vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, India Pesticides's Return-on-Tangible-Asset distribution charts can be found below:

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


NSE:IPL
81GF Score
India Pesticides Ltd NSE:IPL
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

India Pesticides Return-on-Tangible-Asset Calculation

India Pesticides'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 )
=1198.2/( (11418.5+13353.7)/ 2 )
=1198.2/12386.1
=9.67 %

India Pesticides'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 )
=1224.4/( (0+13353.7)/ 1 )
=1224.4/13353.7
=9.17 %

* 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 9.17% mean?
India Pesticides (NSE:IPL) has a Return-on-Tangible-Asset of 9.17% 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 India Pesticides and its competitors. This is 40% below median its historical median of 15.29. Over the past decade, India Pesticides' Return-on-Tangible-Asset has ranged from 6.26 to 30.49. According to the industry distribution chart, India Pesticides ranks #46 out of 259 companies in the Agriculture industry, placing it in the top 17.8%.
Is India Pesticides' Return-on-Tangible-Asset too high?
India Pesticides' current Return-on-Tangible-Asset of 9.17% is 40% below median its 10-year median of 15.29. Over the past 10 years, this metric has ranged from a low of 6.26 to a high of 30.49. The Agriculture industry median Return-on-Tangible-Asset is 3.50. India Pesticides' value of 9.17% is 162% above this industry median. Based on the distribution chart, India Pesticides ranks #46 out of 259 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, India Pesticides has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does India Pesticides' Return-on-Tangible-Asset compare to CTVA and CF?
According to the Agriculture industry distribution chart, India Pesticides ranks #46 out of 259 companies for Return-on-Tangible-Asset. This places India Pesticides in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.50. India Pesticides' value of 9.17% is 162% above this benchmark. Historically, India Pesticides' own Return-on-Tangible-Asset has ranged from 6.26 to 30.49 over the past decade. While the company's 10-year median is 15.29 vs. the industry median of 3.50, India Pesticides 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 an Agriculture company?
The median Return-on-Tangible-Asset among Agriculture companies is 3.50, based on 259 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. India Pesticides's current Return-on-Tangible-Asset of 9.17% is 162% 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 India Pesticides and its competitors. For the Agriculture industry, the median Return-on-Tangible-Asset is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. India Pesticides's current Return-on-Tangible-Asset is 9.17%, which is 40% below median its own 10-year median of 15.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Pesticides stock overvalued right now?
Based on GuruFocus' analysis, India Pesticides (NSE:IPL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹272.63, compared to a current price of ₹157.63 — trading 42.2% below its estimated fair value. The current Return-on-Tangible-Asset is 9.17%, which is 40% below median its 10-year median of 15.29 and 162% above the Agriculture industry median of 3.50. India Pesticides' overall GF Score™ is 81/100 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 India Pesticides (NSE:IPL), the current Return-on-Tangible-Asset is 9.17% 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 India Pesticides (NSE:IPL) Overvalued in 2026?

Based on GuruFocus' analysis, India Pesticides stock appears to be undervalued. The current stock price of ₹157.63 is trading 42.2% below its estimated GF Value™ of ₹272.63. GuruFocus considers India Pesticides to be Significantly Undervalued.

Key valuation signals for NSE:IPL:

  • Return-on-Tangible-Asset: 9.17% (40% below median its 10-year median of 15.29)
  • GF Value™: ₹272.63 vs. price of ₹157.63 (42.2% below fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 162% above the Agriculture median (#46 of 259)

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


India Pesticides Business Description

Other Exchanges 543311:India
Address Water Works Road, Swarup Cold Storage Compound, Aishbagh, Lucknow, UP, IND, 226 004
India Pesticides Ltd is an agrochemical manufacturer in India. The company operates in Agro chemicals as its main business segment. The company's technical includes Fungicides and Herbicides. Geographically the company derives revenue from India and foreign countries.
81GF Score

Get the complete analysis for NSE:IPL

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

₹157.63
Price
₹272.63
GF Value