Meghna Infracon Infrastructure (NSE:MIIL) Return-on-Tangible-Asset: 13.87% (As of Mar. 2026) — 274% Above Median

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NSE:MIIL Meghna Infracon Infrastructure Ltd NSE:MIIL
16 GF Score
Price ₹704.95
! 4 Warning Signs
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What is Meghna Infracon Infrastructure Return-on-Tangible-Asset?

Meghna Infracon Infrastructure NSE:MIIL +0.56% 16 Return-on-Tangible-Asset is 13.87% as of Mar. 2026, which is 274% above its 10-year median of 3.71. GuruFocus rates NSE:MIIL with a GF Score™ of 16/100. The stock has 4 warning signs investors should review. Among 1,797 Real Estate companies, Meghna Infracon Infrastructure ranks better than 94.71% 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. Meghna Infracon Infrastructure's annualized Net Income for the quarter that ended in Mar. 2026 was ₹80.0 Mil. Meghna Infracon Infrastructure's average total tangible assets for the quarter that ended in Mar. 2026 was ₹577.1 Mil. Therefore, Meghna Infracon Infrastructure's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 13.87%.

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

NSE:MIIL' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -14   Med: 3.71   Max: 32.79
Current: 11.85

During the past 13 years, Meghna Infracon Infrastructure's highest Return-on-Tangible-Asset was 32.79%. The lowest was -14.00%. And the median was 3.71%.

NSE:MIIL's Return-on-Tangible-Asset is ranked better than
94.71% of 1797 companies
in the Real Estate industry
Industry Median: 1.87 vs NSE:MIIL: 11.85

Meghna Infracon Infrastructure  (NSE:MIIL) 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.


Meghna Infracon Infrastructure Return-on-Tangible-Asset Related Terms


Meghna Infracon Infrastructure Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Meghna Infracon Infrastructure'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.

Meghna Infracon Infrastructure Return-on-Tangible-Asset Chart

Meghna Infracon Infrastructure 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 4.48 0.00 15.87 32.79 11.62

Meghna Infracon Infrastructure Quarterly Data
Sep20 Mar21 Sep21 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 44.79 15.90 9.58 8.69 13.87

NSE:MIIL vs : Return-on-Tangible-Asset Comparison

For the Real Estate - Development subindustry, Meghna Infracon Infrastructure'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.


Meghna Infracon Infrastructure Return-on-Tangible-Asset vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Meghna Infracon Infrastructure's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Meghna Infracon Infrastructure's Return-on-Tangible-Asset falls into.


NSE:MIIL
16GF Score
Meghna Infracon Infrastructure Ltd NSE:MIIL
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Meghna Infracon Infrastructure Return-on-Tangible-Asset Calculation

Meghna Infracon Infrastructure'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 )
=53.896/( (350.489+577.096)/ 2 )
=53.896/463.7925
=11.62 %

Meghna Infracon Infrastructure'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 )
=80.016/( (0+577.096)/ 1 )
=80.016/577.096
=13.87 %

* 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 13.87% mean?
Meghna Infracon Infrastructure (NSE:MIIL) has a Return-on-Tangible-Asset of 13.87% 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 Meghna Infracon Infrastructure and its competitors. This is 274% above median its historical median of 3.71. According to the industry distribution chart, Meghna Infracon Infrastructure ranks #95 out of 1797 companies in the Real Estate industry, placing it in the top 5.3%.
Is Meghna Infracon Infrastructure's Return-on-Tangible-Asset too high?
Meghna Infracon Infrastructure's current Return-on-Tangible-Asset of 13.87% is 274% above median its 10-year median of 3.71. The Real Estate industry median Return-on-Tangible-Asset is 1.87. Meghna Infracon Infrastructure's value of 13.87% is 641.7% above this industry median. Based on the distribution chart, Meghna Infracon Infrastructure ranks #95 out of 1797 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Meghna Infracon Infrastructure has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Meghna Infracon Infrastructure's Return-on-Tangible-Asset compare to ?
According to the Real Estate industry distribution chart, Meghna Infracon Infrastructure ranks #95 out of 1797 companies for Return-on-Tangible-Asset. This places Meghna Infracon Infrastructure in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.87. Meghna Infracon Infrastructure's value of 13.87% is 641.7% above this benchmark. While the company's 10-year median is 3.71 vs. the industry median of 1.87, Meghna Infracon Infrastructure 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.87, based on 1,797 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. Meghna Infracon Infrastructure's current Return-on-Tangible-Asset of 13.87% is 641.7% 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 Meghna Infracon Infrastructure and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meghna Infracon Infrastructure's current Return-on-Tangible-Asset is 13.87%, which is 274% above median its own 10-year median of 3.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meghna Infracon Infrastructure stock overvalued right now?
Meghna Infracon Infrastructure (NSE:MIIL) has a current Return-on-Tangible-Asset of 13.87%. The current Return-on-Tangible-Asset is 13.87%, which is 274% above median its 10-year median of 3.71 and 641.7% above the Real Estate industry median of 1.87. Meghna Infracon Infrastructure's overall GF Score™ is 16/100 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 Meghna Infracon Infrastructure (NSE:MIIL), the current Return-on-Tangible-Asset is 13.87% 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.

Meghna Infracon Infrastructure Business Description

Comparable Companies
Other Exchanges 538668:India
Address S.V. Road, 102/104, Shivam Chambers, Above Spectra Motors Showroom, Goregaon (West), Mumbai, MH, IND, 400062
Meghna Infracon Infrastructure Ltd is in the real estate sector. The company's project includes Ashraya Heights, Rasik CHS, Kamalalaya, Mukund Kunj, Nav Sudhir, Abhishek, Shillo Mahal, Sharad CHS, Rivaan, and Pai Niwas. The company generates revenue from the sale of shares.
16GF Score

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

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