Neptune Petrochemicals (NSE:NEPTUNE) Return-on-Tangible-Asset: 13.75% (As of Sep. 2025) — 59% 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:NEPTUNE Neptune Petrochemicals Ltd NSE:NEPTUNE
19 GF Score
Price ₹182.00
! 1 Warning Sign
View Full Analysis

What is Neptune Petrochemicals Return-on-Tangible-Asset?

Neptune Petrochemicals NSE:NEPTUNE +3.88% 19 Return-on-Tangible-Asset is 13.75% as of Sep. 2025, which is 59% above its 10-year median of 8.65. GuruFocus rates NSE:NEPTUNE with a GF Score™ of 19/100. The stock has 1 warning sign investors should review. Among 1,037 Oil & Gas companies, Neptune Petrochemicals ranks better than 72.61% 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. Neptune Petrochemicals's annualized Net Income for the quarter that ended in Sep. 2025 was ₹291 Mil. Neptune Petrochemicals's average total tangible assets for the quarter that ended in Sep. 2025 was ₹2,116 Mil. Therefore, Neptune Petrochemicals's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2025 was 13.75%.

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

NSE:NEPTUNE' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.51   Med: 8.65   Max: 18.19
Current: 6.88

During the past 3 years, Neptune Petrochemicals's highest Return-on-Tangible-Asset was 18.19%. The lowest was 3.51%. And the median was 8.65%.

NSE:NEPTUNE's Return-on-Tangible-Asset is ranked better than
72.61% of 1037 companies
in the Oil & Gas industry
Industry Median: 2.57 vs NSE:NEPTUNE: 6.88

Neptune Petrochemicals  (NSE:NEPTUNE) 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.


Neptune Petrochemicals Return-on-Tangible-Asset Related Terms


Neptune Petrochemicals Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Neptune Petrochemicals'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.

Neptune Petrochemicals Return-on-Tangible-Asset Chart

Neptune Petrochemicals Annual Data
Trend Mar22 Mar23 Mar24
Return-on-Tangible-Asset
3.51 8.65 18.19

Neptune Petrochemicals Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Sep25
Return-on-Tangible-Asset 0.00 0.00 0.00 21.31 13.75

NSE:NEPTUNE vs MPC, VLO, PSX: Return-on-Tangible-Asset Comparison

For the Oil & Gas Refining & Marketing subindustry, Neptune Petrochemicals'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.


Neptune Petrochemicals Return-on-Tangible-Asset vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Neptune Petrochemicals's Return-on-Tangible-Asset distribution charts can be found below:

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


NSE:NEPTUNE
19GF Score
Neptune Petrochemicals Ltd NSE:NEPTUNE
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Neptune Petrochemicals Return-on-Tangible-Asset Calculation

Neptune Petrochemicals's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=208.156/( (1078.818+1209.542)/ 2 )
=208.156/1144.18
=18.19 %

Neptune Petrochemicals's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2025 )  (Q: Sep. 2024 )(Q: Sep. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2025 )  (Q: Sep. 2024 )(Q: Sep. 2025 )
=290.952/( (0+2115.758)/ 1 )
=290.952/2115.758
=13.75 %

* 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 (Sep. 2025) net income data.

What does a Return-on-Tangible-Asset of 13.75% mean?
Neptune Petrochemicals (NSE:NEPTUNE) has a Return-on-Tangible-Asset of 13.75% as of Sep. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Neptune Petrochemicals and its competitors. This is 59% above median its historical median of 8.65. Over the past decade, Neptune Petrochemicals' Return-on-Tangible-Asset has ranged from 3.51 to 18.19. According to the industry distribution chart, Neptune Petrochemicals ranks #284 out of 1037 companies in the Oil & Gas industry, placing it in the top 27.4%.
Is Neptune Petrochemicals' Return-on-Tangible-Asset too high?
Neptune Petrochemicals' current Return-on-Tangible-Asset of 13.75% is 59% above median its 10-year median of 8.65. Over the past 10 years, this metric has ranged from a low of 3.51 to a high of 18.19. The Oil & Gas industry median Return-on-Tangible-Asset is 2.57. Neptune Petrochemicals' value of 13.75% is 435% above this industry median. Based on the distribution chart, Neptune Petrochemicals ranks #284 out of 1037 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Neptune Petrochemicals has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Neptune Petrochemicals' Return-on-Tangible-Asset compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Neptune Petrochemicals ranks #284 out of 1037 companies for Return-on-Tangible-Asset. This puts Neptune Petrochemicals in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.57. Neptune Petrochemicals' value of 13.75% is 435% above this benchmark. Historically, Neptune Petrochemicals' own Return-on-Tangible-Asset has ranged from 3.51 to 18.19 over the past decade. While the company's 10-year median is 8.65 vs. the industry median of 2.57, Neptune Petrochemicals 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 Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 2.57, based on 1,037 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. Neptune Petrochemicals's current Return-on-Tangible-Asset of 13.75% is 435% 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 Neptune Petrochemicals and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neptune Petrochemicals's current Return-on-Tangible-Asset is 13.75%, which is 59% above median its own 10-year median of 8.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neptune Petrochemicals stock overvalued right now?
Neptune Petrochemicals (NSE:NEPTUNE) has a current Return-on-Tangible-Asset of 13.75%. The current Return-on-Tangible-Asset is 13.75%, which is 59% above median its 10-year median of 8.65 and 435% above the Oil & Gas industry median of 2.57. Neptune Petrochemicals' overall GF Score™ is 19/100 with 1 warning sign 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 Neptune Petrochemicals (NSE:NEPTUNE), the current Return-on-Tangible-Asset is 13.75% as of Sep. 2025. 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.

Neptune Petrochemicals Business Description

Industry EnergyOil & Gas
Address S. G. Highway, k-B, Office No. 606, Mondeal Heights Nr. Panchratna Party Plot, Ahmedabad, GJ, IND, 380015
Neptune Petrochemicals Ltd is engaged in the business of manufacturing and trading of a comprehensive range of bitumen products, bitumen emulsions and allied products. Its product portfolio that includes various grades of bitumen, modified bitumen like Polymer Modified Bitumen, Crumb Rubber based modified bitumen and oils, it serves a broad range of industries, particularly the construction and industrial applications and also offer a broad products tailored to the needs of the road construction and infrastructure industries. The company has one segment that is Dealing in Petrolyum Products. Geographically, it operates only in India.
19GF Score

Get the complete analysis for NSE:NEPTUNE

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

₹182.00
Price