Oswal Pumps (NSE:OSWALPUMPS) Return-on-Tangible-Asset: 17.26% (As of Mar. 2026) — Near 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:OSWALPUMPS Oswal Pumps Ltd NSE:OSWALPUMPS
18 GF Score
Price ₹306.30
! 4 Warning Signs
View Full Analysis

What is Oswal Pumps Return-on-Tangible-Asset?

Oswal Pumps NSE:OSWALPUMPS -6.07% 18 Return-on-Tangible-Asset is 17.26% as of Mar. 2026, which is 2% below its 10-year median of 17.54. GuruFocus rates NSE:OSWALPUMPS with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 3,077 Industrial Products companies, Oswal Pumps ranks better than 96.72% 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. Oswal Pumps's annualized Net Income for the quarter that ended in Mar. 2026 was ₹3,701 Mil. Oswal Pumps's average total tangible assets for the quarter that ended in Mar. 2026 was ₹21,448 Mil. Therefore, Oswal Pumps's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 17.26%.

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

NSE:OSWALPUMPS' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.63   Med: 17.54   Max: 54.9
Current: 18.79

During the past 5 years, Oswal Pumps's highest Return-on-Tangible-Asset was 54.90%. The lowest was 7.63%. And the median was 17.54%.

NSE:OSWALPUMPS's Return-on-Tangible-Asset is ranked better than
96.72% of 3077 companies
in the Industrial Products industry
Industry Median: 3.31 vs NSE:OSWALPUMPS: 18.79

Oswal Pumps  (NSE:OSWALPUMPS) 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.


Oswal Pumps Return-on-Tangible-Asset Related Terms


Oswal Pumps Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Oswal Pumps'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.

Oswal Pumps Return-on-Tangible-Asset Chart

Oswal Pumps Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
7.63 14.43 25.59 54.90 17.54

Oswal Pumps Quarterly Data
Mar22 Mar23 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 23.33 0.00 20.96 19.69 17.26

NSE:OSWALPUMPS vs VRT, BE: Return-on-Tangible-Asset Comparison

For the Electrical Equipment & Parts subindustry, Oswal Pumps'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.


Oswal Pumps Return-on-Tangible-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Oswal Pumps's Return-on-Tangible-Asset distribution charts can be found below:

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


NSE:OSWALPUMPS
18GF Score
Oswal Pumps Ltd NSE:OSWALPUMPS
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oswal Pumps Return-on-Tangible-Asset Calculation

Oswal Pumps'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 )
=3762.78/( (0+21447.55)/ 1 )
=3762.78/21447.55
=17.54 %

Oswal Pumps'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 )
=3701.36/( (0+21447.55)/ 1 )
=3701.36/21447.55
=17.26 %

* 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 17.26% mean?
Oswal Pumps (NSE:OSWALPUMPS) has a Return-on-Tangible-Asset of 17.26% 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 Oswal Pumps and its competitors. This is near median its historical median of 17.54. Over the past decade, Oswal Pumps' Return-on-Tangible-Asset has ranged from 7.63 to 54.90. According to the industry distribution chart, Oswal Pumps ranks #101 out of 3077 companies in the Industrial Products industry, placing it in the top 3.3%.
Is Oswal Pumps' Return-on-Tangible-Asset too high?
Oswal Pumps' current Return-on-Tangible-Asset of 17.26% is near median its 10-year median of 17.54. Over the past 10 years, this metric has ranged from a low of 7.63 to a high of 54.90. The Industrial Products industry median Return-on-Tangible-Asset is 3.31. Oswal Pumps' value of 17.26% is 421.5% above this industry median. Based on the distribution chart, Oswal Pumps ranks #101 out of 3077 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Oswal Pumps has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Oswal Pumps' Return-on-Tangible-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, Oswal Pumps ranks #101 out of 3077 companies for Return-on-Tangible-Asset. This places Oswal Pumps in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.31. Oswal Pumps' value of 17.26% is 421.5% above this benchmark. Historically, Oswal Pumps' own Return-on-Tangible-Asset has ranged from 7.63 to 54.90 over the past decade. While the company's 10-year median is 17.54 vs. the industry median of 3.31, Oswal Pumps 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 Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.31, based on 3,077 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. Oswal Pumps's current Return-on-Tangible-Asset of 17.26% is 421.5% 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 Oswal Pumps and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oswal Pumps's current Return-on-Tangible-Asset is 17.26%, which is near median its own 10-year median of 17.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oswal Pumps stock overvalued right now?
Oswal Pumps (NSE:OSWALPUMPS) has a current Return-on-Tangible-Asset of 17.26%. The current Return-on-Tangible-Asset is 17.26%, which is near median its 10-year median of 17.54 and 421.5% above the Industrial Products industry median of 3.31. Oswal Pumps' overall GF Score™ is 18/100 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 Oswal Pumps (NSE:OSWALPUMPS), the current Return-on-Tangible-Asset is 17.26% 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.

Oswal Pumps Business Description

Other Exchanges 544418:India
Address National Highway-1, Kutail Road, Oswal Estate, P. O. Kutail, District Karnal, Karnal, HR, IND, 132037
Oswal Pumps Ltd manufactures solar-powered and grid-connected submersible and monoblock pumps, electric motors comprising induction and submersible motors as well as solar modules, which it sell under the Oswal brand. The company caters to the diverse requirements of end-users in the agricultural sector for irrigating fields; the residential sector for maintaining gardens and fountains, extracting water, supplying water to overhead tanks and cleaning households and small establishments; commercial premises such as shopping malls, offices and hotels; industries which use its pumps in boilers and water treatment, water transportation and sewage applications and use its electric motors in machinery applications and cooling tower systems.
18GF Score

Get the complete analysis for NSE:OSWALPUMPS

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

₹306.30
Price