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.
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.
Shilchar TechnologiesNSE:SHILCTECH +1.69%76 Return-on-Tangible-Asset is 19.24% as of Mar. 2026, which is 39% above its 10-year median of 13.80. GuruFocus rates NSE:SHILCTECH with a GF Score™ of 76/100 and a GF Value™ of ₹4,739.87 (Fairly Valued). The stock has 1 warning sign investors should review. Among 3,073 Industrial Products companies, Shilchar Technologies ranks better than 99.19% 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. Shilchar Technologies's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹1,136 Mil. Shilchar Technologies's average total tangible assets for the quarter that ended in Mar. 2026 was ₹5,904 Mil. Therefore, Shilchar Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 19.24%.
The historical rank and industry rank for Shilchar Technologies's Return-on-Tangible-Asset or its related term are showing as below:
NSE:SHILCTECH'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.49 Med: 13.8 Max: 39.09
Current: 29.81
During the past 13 years, Shilchar Technologies's highest Return-on-Tangible-Asset was 39.09%. The lowest was 1.49%. And the median was 13.80%.
NSE:SHILCTECH's Return-on-Tangible-Asset is ranked better than 99.19% of 3073
companies
in the Industrial Products industry
Industry Median: 3.26
vs NSE:SHILCTECH: 29.81
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.
Shilchar Technologies Return-on-Tangible-Asset Related Terms
Shilchar Technologies Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Shilchar Technologies'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:SHILCTECH vs VRT, BE: Return-on-Tangible-Asset Comparison
For the Electrical Equipment & Parts subindustry, Shilchar Technologies'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.
Shilchar Technologies Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shilchar Technologies's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Shilchar Technologies'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 19.24% mean?
Shilchar Technologies (NSE:SHILCTECH) has a Return-on-Tangible-Asset of 19.24% 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 Shilchar Technologies and its competitors. This is 39% above median its historical median of 13.80. Over the past decade, Shilchar Technologies' Return-on-Tangible-Asset has ranged from 1.49 to 39.09. According to the industry distribution chart, Shilchar Technologies ranks #25 out of 3073 companies in the Industrial Products industry, placing it in the top 0.8%.
Is Shilchar Technologies' Return-on-Tangible-Asset too high?
Shilchar Technologies' current Return-on-Tangible-Asset of 19.24% is 39% above median its 10-year median of 13.80. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 39.09. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. Shilchar Technologies' value of 19.24% is 490.2% above this industry median. Based on the distribution chart, Shilchar Technologies ranks #25 out of 3073 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shilchar Technologies has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shilchar Technologies' Return-on-Tangible-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, Shilchar Technologies ranks #25 out of 3073 companies for Return-on-Tangible-Asset. This places Shilchar Technologies in the top 1% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.26. Shilchar Technologies' value of 19.24% is 490.2% above this benchmark. Historically, Shilchar Technologies' own Return-on-Tangible-Asset has ranged from 1.49 to 39.09 over the past decade. While the company's 10-year median is 13.80 vs. the industry median of 3.26, Shilchar Technologies 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 3.26, based on 3,073 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. Shilchar Technologies's current Return-on-Tangible-Asset of 19.24% is 490.2% 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 Shilchar Technologies and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shilchar Technologies's current Return-on-Tangible-Asset is 19.24%, which is 39% above median its own 10-year median of 13.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shilchar Technologies stock overvalued right now?
Based on GuruFocus' analysis, Shilchar Technologies (NSE:SHILCTECH) is currently considered Fairly Valued. The stock's GF Value™ is ₹4,739.87, compared to a current price of ₹4,488.50 — trading 5.3% below its estimated fair value. The current Return-on-Tangible-Asset is 19.24%, which is 39% above median its 10-year median of 13.80 and 490.2% above the Industrial Products industry median of 3.26. Shilchar Technologies' overall GF Score™ is 76/100 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 Shilchar Technologies (NSE:SHILCTECH), the current Return-on-Tangible-Asset is 19.24% 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 Shilchar Technologies (NSE:SHILCTECH) Overvalued in 2026?
Based on GuruFocus' analysis, Shilchar Technologies stock appears to be undervalued.
The current stock price of ₹4,488.50 is trading 5.3% below its estimated GF Value™ of ₹4,739.87.
GuruFocus considers Shilchar Technologies to be Fairly Valued.
Key valuation signals for NSE:SHILCTECH:
Return-on-Tangible-Asset: 19.24% (39% above median its 10-year median of 13.80)
GF Value™: ₹4,739.87 vs. price of ₹4,488.50 (5.3% below fair value)
Industry Position: 490.2% above the Industrial Products median (#25 of 3073)
No single metric tells the full story. See the NSE:SHILCTECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shilchar Technologies Ltd manufactures and sells transformers in India. It provides power and distribution transformers; linear transformers, including R core transformers, EI transformers, toroidal transformers, and energy meter CTs; telecom and data transformers; and standard line transformers. The activities of the Company relate to only one segment which is Transformers & Parts. It serves government utilities, private utilities, EPC contractors, and power plant developers and contractors; and pharmaceutical and chemical, oil and gas, engineering, cement, healthcare, food and beverage, glass and automotive, textile and ceramics.. Geographically, the group has a business presence in India and other countries, of which a majority of revenue is derived from India.
76GF Score
Get the complete analysis for NSE:SHILCTECH
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:SHILCTECH has been successfully added to your 
