Srinibas Pradhan Constructions (NSE:SPCON) Return-on-Tangible-Asset: 11.97% (As of Mar. 2026) — 40% Below 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:SPCON Srinibas Pradhan Constructions Ltd NSE:SPCON
20 GF Score
Price ₹135.00
! 5 Warning Signs
View Full Analysis

What is Srinibas Pradhan Constructions Return-on-Tangible-Asset?

Srinibas Pradhan Constructions NSE:SPCON 20 Return-on-Tangible-Asset is 11.97% as of Mar. 2026, which is 40% below its 10-year median of 20.01. GuruFocus rates NSE:SPCON with a GF Score™ of 20/100. The stock has 5 warning signs investors should review. Among 1,783 Construction companies, Srinibas Pradhan Constructions ranks better than 91.36% 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. Srinibas Pradhan Constructions's annualized Net Income for the quarter that ended in Mar. 2026 was ₹82.0 Mil. Srinibas Pradhan Constructions's average total tangible assets for the quarter that ended in Mar. 2026 was ₹685.3 Mil. Therefore, Srinibas Pradhan Constructions's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 11.97%.

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

NSE:SPCON' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 12.06   Med: 20.01   Max: 25.98
Current: 12.77

During the past 4 years, Srinibas Pradhan Constructions's highest Return-on-Tangible-Asset was 25.98%. The lowest was 12.06%. And the median was 20.01%.

NSE:SPCON's Return-on-Tangible-Asset is ranked better than
91.36% of 1783 companies
in the Construction industry
Industry Median: 3.05 vs NSE:SPCON: 12.77

Srinibas Pradhan Constructions  (NSE:SPCON) 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.


Srinibas Pradhan Constructions Return-on-Tangible-Asset Related Terms


Srinibas Pradhan Constructions Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Srinibas Pradhan Constructions'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.

Srinibas Pradhan Constructions Return-on-Tangible-Asset Chart

Srinibas Pradhan Constructions Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
22.81 25.98 17.21 12.06

Srinibas Pradhan Constructions Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
Return-on-Tangible-Asset 0.00 0.00 16.21 14.62 11.97

Srinibas Pradhan Constructions Return-on-Tangible-Asset Competitor Comparison

For the Infrastructure Operations subindustry, Srinibas Pradhan Constructions'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.


Srinibas Pradhan Constructions Return-on-Tangible-Asset vs Construction Industry

For the Construction industry and Industrials sector, Srinibas Pradhan Constructions's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Srinibas Pradhan Constructions's Return-on-Tangible-Asset falls into.


NSE:SPCON
20GF Score
Srinibas Pradhan Constructions Ltd NSE:SPCON
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Srinibas Pradhan Constructions Return-on-Tangible-Asset Calculation

Srinibas Pradhan Constructions'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 )
=82.102/( (557.572+803.825)/ 2 )
=82.102/680.6985
=12.06 %

Srinibas Pradhan Constructions'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: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=82.034/( (566.687+803.825)/ 2 )
=82.034/685.256
=11.97 %

* 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 (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of 11.97% mean?
Srinibas Pradhan Constructions (NSE:SPCON) has a Return-on-Tangible-Asset of 11.97% 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 Srinibas Pradhan Constructions and its competitors. This is 40% below median its historical median of 20.01. Over the past decade, Srinibas Pradhan Constructions' Return-on-Tangible-Asset has ranged from 12.06 to 25.98. According to the industry distribution chart, Srinibas Pradhan Constructions ranks #154 out of 1783 companies in the Construction industry, placing it in the top 8.6%.
Is Srinibas Pradhan Constructions' Return-on-Tangible-Asset too high?
Srinibas Pradhan Constructions' current Return-on-Tangible-Asset of 11.97% is 40% below median its 10-year median of 20.01. Over the past 10 years, this metric has ranged from a low of 12.06 to a high of 25.98. The Construction industry median Return-on-Tangible-Asset is 3.05. Srinibas Pradhan Constructions' value of 11.97% is 292.5% above this industry median. Based on the distribution chart, Srinibas Pradhan Constructions ranks #154 out of 1783 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Srinibas Pradhan Constructions has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Srinibas Pradhan Constructions' Return-on-Tangible-Asset compare to competitors?
According to the Construction industry distribution chart, Srinibas Pradhan Constructions ranks #154 out of 1783 companies for Return-on-Tangible-Asset. This places Srinibas Pradhan Constructions in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.05. Srinibas Pradhan Constructions' value of 11.97% is 292.5% above this benchmark. Historically, Srinibas Pradhan Constructions' own Return-on-Tangible-Asset has ranged from 12.06 to 25.98 over the past decade. While the company's 10-year median is 20.01 vs. the industry median of 3.05, Srinibas Pradhan Constructions 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.05, based on 1,783 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. Srinibas Pradhan Constructions's current Return-on-Tangible-Asset of 11.97% is 292.5% 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 Srinibas Pradhan Constructions and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Srinibas Pradhan Constructions's current Return-on-Tangible-Asset is 11.97%, which is 40% below median its own 10-year median of 20.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Srinibas Pradhan Constructions stock overvalued right now?
Srinibas Pradhan Constructions (NSE:SPCON) has a current Return-on-Tangible-Asset of 11.97%. The current Return-on-Tangible-Asset is 11.97%, which is 40% below median its 10-year median of 20.01 and 292.5% above the Construction industry median of 3.05. Srinibas Pradhan Constructions' overall GF Score™ is 20/100 with 5 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 Srinibas Pradhan Constructions (NSE:SPCON), the current Return-on-Tangible-Asset is 11.97% 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.

Srinibas Pradhan Constructions Business Description

Address Plot No. 813, Khata No. 106/548, Brajraj Nagar, Chhualiberna, Jharsuguda, Belpahar Rs, Jharsuguda, Belpahar, OR, IND, 768217
Srinibas Pradhan Constructions Ltd is engaged in infrastructure development across various domains, with a primary focus on Roads and Highways, including Rural, District, and Urban roads. In addition to roads, it focuses on the construction of Bridges and Steel Structures, both for bridges and sheds. Its offerings include Infrastructure development, Civil construction services, Customised offerings, Water conservation solutions, Maintenance and post construction services, and Industrial handling. The majority of the company's revenue is derived from the provision of Construction work services.
20GF Score

Get the complete analysis for NSE:SPCON

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

₹135.00
Price