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Piccadily Agro IndustriesNSE:PICCADIL -2.36%62 Return-on-Tangible-Asset is 11.04% as of Mar. 2026, which is 173% above its 10-year median of 4.05. GuruFocus rates NSE:PICCADIL with a GF Score™ of 62/100 and a GF Value™ of ₹750.50 (Fairly Valued). The stock has 4 warning signs investors should review. Among 214 Beverages - Alcoholic companies, Piccadily Agro Industries ranks better than 82.71% 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. Piccadily Agro Industries's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹1,809 Mil. Piccadily Agro Industries's average total tangible assets for the quarter that ended in Mar. 2026 was ₹16,392 Mil. Therefore, Piccadily Agro Industries's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 11.04%.
The historical rank and industry rank for Piccadily Agro Industries's Return-on-Tangible-Asset or its related term are showing as below:
NSE:PICCADIL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.05 Med: 4.05 Max: 16.49
Current: 10.17
During the past 13 years, Piccadily Agro Industries's highest Return-on-Tangible-Asset was 16.49%. The lowest was 1.05%. And the median was 4.05%.
NSE:PICCADIL's Return-on-Tangible-Asset is ranked better than 82.71% of 214
companies
in the Beverages - Alcoholic industry
Industry Median: 3.09
vs NSE:PICCADIL: 10.17
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 companys 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 companys 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.
Piccadily Agro Industries Return-on-Tangible-Asset Related Terms
Piccadily Agro Industries Return-on-Tangible-Asset Historical Data
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The historical data trend for Piccadily Agro Industries'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.
NSE:PICCADIL vs BF.B: Return-on-Tangible-Asset Comparison
For the Beverages - Wineries & Distilleries subindustry, Piccadily Agro Industries'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.
Piccadily Agro Industries Return-on-Tangible-Asset vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Piccadily Agro Industries's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Piccadily Agro Industries's Return-on-Tangible-Asset falls into.
* 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 11.04% mean?
Piccadily Agro Industries (NSE:PICCADIL) has a Return-on-Tangible-Asset of 11.04% 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 Piccadily Agro Industries and its competitors. This is 173% above median its historical median of 4.05. Over the past decade, Piccadily Agro Industries' Return-on-Tangible-Asset has ranged from 1.05 to 16.49. According to the industry distribution chart, Piccadily Agro Industries ranks #37 out of 214 companies in the Beverages - Alcoholic industry, placing it in the top 17.3%.
Is Piccadily Agro Industries' Return-on-Tangible-Asset too high?
Piccadily Agro Industries' current Return-on-Tangible-Asset of 11.04% is 173% above median its 10-year median of 4.05. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 16.49. The Beverages - Alcoholic industry median Return-on-Tangible-Asset is 3.09. Piccadily Agro Industries' value of 11.04% is 257.3% above this industry median. Based on the distribution chart, Piccadily Agro Industries ranks #37 out of 214 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Piccadily Agro Industries has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Piccadily Agro Industries' Return-on-Tangible-Asset compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Piccadily Agro Industries ranks #37 out of 214 companies for Return-on-Tangible-Asset. This places Piccadily Agro Industries in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.09. Piccadily Agro Industries' value of 11.04% is 257.3% above this benchmark. Historically, Piccadily Agro Industries' own Return-on-Tangible-Asset has ranged from 1.05 to 16.49 over the past decade. While the company's 10-year median is 4.05 vs. the industry median of 3.09, Piccadily Agro Industries 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 Beverages - Alcoholic company?
The median Return-on-Tangible-Asset among Beverages - Alcoholic companies is 3.09, based on 214 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. Piccadily Agro Industries's current Return-on-Tangible-Asset of 11.04% is 257.3% 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 Piccadily Agro Industries and its competitors. For the Beverages - Alcoholic industry, the median Return-on-Tangible-Asset is 3.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Piccadily Agro Industries's current Return-on-Tangible-Asset is 11.04%, which is 173% above median its own 10-year median of 4.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piccadily Agro Industries stock overvalued right now?
Based on GuruFocus' analysis, Piccadily Agro Industries (NSE:PICCADIL) is currently considered Fairly Valued. The stock's GF Value™ is ₹750.50, compared to a current price of ₹746.20 — trading 0.6% below its estimated fair value. The current Return-on-Tangible-Asset is 11.04%, which is 173% above median its 10-year median of 4.05 and 257.3% above the Beverages - Alcoholic industry median of 3.09. Piccadily Agro Industries' overall GF Score™ is 62/100 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 Piccadily Agro Industries (NSE:PICCADIL), the current Return-on-Tangible-Asset is 11.04% 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 Piccadily Agro Industries (NSE:PICCADIL) Overvalued in 2026?
Based on GuruFocus' analysis, Piccadily Agro Industries stock appears to be undervalued.
The current stock price of ₹746.20 is trading 0.6% below its estimated GF Value™ of ₹750.50.
GuruFocus considers Piccadily Agro Industries to be Fairly Valued.
Key valuation signals for NSE:PICCADIL:
Return-on-Tangible-Asset: 11.04% (173% above median its 10-year median of 4.05)
GF Value™: ₹750.50 vs. price of ₹746.20 (0.6% below fair value)
Industry Position: 257.3% above the Beverages - Alcoholic median (#37 of 214)
No single metric tells the full story. See the NSE:PICCADIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Piccadily Agro Industries Ltd is an Indian company engaged in the manufacturing of white crystal sugar from sugarcane grown in nearby rural areas, along with related products such as molasses, power, and bagasse. The company is also involved in the production of rectified spirits, extra neutral alcohol (ENA), and malt, as well as the conversion of resin into PET bottles used for liquor in the distillery segment. It operates through two reportable segments: Sugar and Distillery. The Sugar segment includes refined sugar, molasses, bagasse, and power cogeneration, while the Distillery segment produces liquor, malt, carbon dioxide gas, ethanol, and PET bottles. The majority of the company's revenue is generated from the Distillery segment.
62GF Score
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