Vinyas Innovative Technologies (NSE:VINYAS) Return-on-Tangible-Asset: 9.84% (As of Mar. 2026) — 113% Above Median

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NSE:VINYAS Vinyas Innovative Technologies Ltd NSE:VINYAS
69 GF Score
Price ₹1,373.75
GF Value ₹1,372.94
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Vinyas Innovative Technologies Return-on-Tangible-Asset?

Vinyas Innovative Technologies NSE:VINYAS +5.18% 69 Return-on-Tangible-Asset is 9.84% as of Mar. 2026, which is 113% above its 10-year median of 4.61. GuruFocus rates NSE:VINYAS with a GF Score™ of 69/100 and a GF Value™ of ₹1,372.94 (Fairly Valued). The stock has 3 warning signs investors should review. Among 3,076 Industrial Products companies, Vinyas Innovative Technologies ranks better than 76.4% 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. Vinyas Innovative Technologies's annualized Net Income for the quarter that ended in Mar. 2026 was ₹431 Mil. Vinyas Innovative Technologies's average total tangible assets for the quarter that ended in Mar. 2026 was ₹4,378 Mil. Therefore, Vinyas Innovative Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 9.84%.

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

NSE:VINYAS' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.5   Med: 4.61   Max: 7.73
Current: 7.68

During the past 6 years, Vinyas Innovative Technologies's highest Return-on-Tangible-Asset was 7.73%. The lowest was 0.50%. And the median was 4.61%.

NSE:VINYAS's Return-on-Tangible-Asset is ranked better than
76.4% of 3076 companies
in the Industrial Products industry
Industry Median: 3.315 vs NSE:VINYAS: 7.68

Vinyas Innovative Technologies  (NSE:VINYAS) 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.


Vinyas Innovative Technologies Return-on-Tangible-Asset Related Terms


Vinyas Innovative Technologies Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Vinyas Innovative 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.

Vinyas Innovative Technologies Return-on-Tangible-Asset Chart

Vinyas Innovative Technologies Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial 0.50 3.36 5.86 6.08 7.73

Vinyas Innovative Technologies Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only 6.30 4.69 8.00 5.06 9.84

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

For the Electrical Equipment & Parts subindustry, Vinyas Innovative 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.


Vinyas Innovative Technologies Return-on-Tangible-Asset vs Industrial Products Industry

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

* The bar in red indicates where Vinyas Innovative Technologies's Return-on-Tangible-Asset falls into.


NSE:VINYAS
69GF Score
Vinyas Innovative Technologies Ltd NSE:VINYAS
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vinyas Innovative Technologies Return-on-Tangible-Asset Calculation

Vinyas Innovative Technologies'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 )
=308.683/( (3302.887+4683.744)/ 2 )
=308.683/3993.3155
=7.73 %

Vinyas Innovative Technologies'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 )
=430.636/( (4072.933+4683.744)/ 2 )
=430.636/4378.3385
=9.84 %

* 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 9.84% mean?
Vinyas Innovative Technologies (NSE:VINYAS) has a Return-on-Tangible-Asset of 9.84% 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 Vinyas Innovative Technologies and its competitors. This is 113% above median its historical median of 4.61. Over the past decade, Vinyas Innovative Technologies' Return-on-Tangible-Asset has ranged from 0.50 to 7.73. According to the industry distribution chart, Vinyas Innovative Technologies ranks #726 out of 3076 companies in the Industrial Products industry, placing it in the top 23.6%.
Is Vinyas Innovative Technologies' Return-on-Tangible-Asset too high?
Vinyas Innovative Technologies' current Return-on-Tangible-Asset of 9.84% is 113% above median its 10-year median of 4.61. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 7.73. The Industrial Products industry median Return-on-Tangible-Asset is 3.32. Vinyas Innovative Technologies' value of 9.84% is 196.8% above this industry median. Based on the distribution chart, Vinyas Innovative Technologies ranks #726 out of 3076 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Vinyas Innovative Technologies has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vinyas Innovative Technologies' Return-on-Tangible-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, Vinyas Innovative Technologies ranks #726 out of 3076 companies for Return-on-Tangible-Asset. This places Vinyas Innovative Technologies in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.32. Vinyas Innovative Technologies' value of 9.84% is 196.8% above this benchmark. Historically, Vinyas Innovative Technologies' own Return-on-Tangible-Asset has ranged from 0.50 to 7.73 over the past decade. While the company's 10-year median is 4.61 vs. the industry median of 3.32, Vinyas Innovative 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 3.32, based on 3,076 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. Vinyas Innovative Technologies's current Return-on-Tangible-Asset of 9.84% is 196.8% 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 Vinyas Innovative Technologies and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vinyas Innovative Technologies's current Return-on-Tangible-Asset is 9.84%, which is 113% above median its own 10-year median of 4.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinyas Innovative Technologies stock overvalued right now?
Based on GuruFocus' analysis, Vinyas Innovative Technologies (NSE:VINYAS) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,372.94, compared to a current price of ₹1,373.75 — trading 0.1% above its estimated fair value. The current Return-on-Tangible-Asset is 9.84%, which is 113% above median its 10-year median of 4.61 and 196.8% above the Industrial Products industry median of 3.32. Vinyas Innovative Technologies' overall GF Score™ is 69/100 with 3 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 Vinyas Innovative Technologies (NSE:VINYAS), the current Return-on-Tangible-Asset is 9.84% 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 Vinyas Innovative Technologies (NSE:VINYAS) Overvalued in 2026?

Based on GuruFocus' analysis, Vinyas Innovative Technologies stock appears to be overvalued. The current stock price of ₹1,373.75 is trading 0.1% above its estimated GF Value™ of ₹1,372.94. GuruFocus considers Vinyas Innovative Technologies to be Fairly Valued.

Key valuation signals for NSE:VINYAS:

  • Return-on-Tangible-Asset: 9.84% (113% above median its 10-year median of 4.61)
  • GF Value™: ₹1,372.94 vs. price of ₹1,373.75 (0.1% above fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 196.8% above the Industrial Products median (#726 of 3076)

No single metric tells the full story. See the NSE:VINYAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vinyas Innovative Technologies Business Description

Address Plot No. 19, Survey No. 26 & 273-P, 3rd Phase, Koorgalli Industrial Area, Ilawala Hobali, Mysore, KA, IND, 570018
Vinyas Innovative Technologies Ltd is a provider of design, engineering, and electronics manufacturing services catering to Original Equipment Manufacturers and Original Design Manufacturers in the Electronic Industry. As an integrated electronic manufacturing services provider, the Company offers a broad varieties of products and services across multiple industry segments. With wide industry knowledge, cutting-edge technologies & state of the art infrastructure, Vinyas supports its partners from conceptualizing the design, engineering, and manufacturing to turnkey requirements for mission-critical applications.
69GF Score

Get the complete analysis for NSE:VINYAS

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

₹1,373.75
Price
₹1,372.94
GF Value