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Vedanta Iron and SteelNSE:VISL +0.70%2 Return-on-Tangible-Asset is -15.41% as of Mar. 2026. GuruFocus rates NSE:VISL with a GF Score™ of 2/100. The stock has 7 warning signs investors should review. Among 634 Steel companies, Vedanta Iron and Steel ranks worse than 95.43% 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. Vedanta Iron and Steel's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹-29,050 Mil. Vedanta Iron and Steel's average total tangible assets for the quarter that ended in Mar. 2026 was ₹188,455 Mil. Therefore, Vedanta Iron and Steel's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -15.41%.
The historical rank and industry rank for Vedanta Iron and Steel's Return-on-Tangible-Asset or its related term are showing as below:
NSE:VISL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -15.41 Med: -12.21 Max: -9.01
Current: -15.41
During the past 3 years, Vedanta Iron and Steel's highest Return-on-Tangible-Asset was -9.01%. The lowest was -15.41%. And the median was -12.21%.
NSE:VISL's Return-on-Tangible-Asset is ranked worse than 95.43% of 634
companies
in the Steel industry
Industry Median: 2.125
vs NSE:VISL: -15.41
Vedanta Iron and Steel (NSE:VISL) 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 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.
Vedanta Iron and Steel Return-on-Tangible-Asset Related Terms
Vedanta Iron and Steel Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Vedanta Iron and Steel'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.
Vedanta Iron and Steel Return-on-Tangible-Asset Chart
Vedanta Iron and Steel Annual Data
Trend
Mar24
Mar25
Mar26
Return-on-Tangible-Asset
0.00
-9.01
-15.41
Vedanta Iron and Steel Semi-Annual Data
Mar24
Mar25
Mar26
Return-on-Tangible-Asset
0.00
-9.01
-15.41
NSE:VISL vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison
For the Steel subindustry, Vedanta Iron and Steel'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.
Vedanta Iron and Steel Return-on-Tangible-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Vedanta Iron and Steel's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Vedanta Iron and Steel'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 one times the annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -15.41% mean?
Vedanta Iron and Steel (NSE:VISL) has a Return-on-Tangible-Asset of -15.41% 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 Vedanta Iron and Steel and its competitors. According to the industry distribution chart, Vedanta Iron and Steel ranks #605 out of 634 companies in the Steel industry, placing it in the top 95.4%.
Is Vedanta Iron and Steel's Return-on-Tangible-Asset too high?
Vedanta Iron and Steel's current Return-on-Tangible-Asset is -15.41%. Based on the distribution chart, Vedanta Iron and Steel ranks #605 out of 634 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Vedanta Iron and Steel has a GF Score™ of 2/100, reflecting its overall financial health beyond just this single metric.
How does Vedanta Iron and Steel's Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Vedanta Iron and Steel ranks #605 out of 634 companies for Return-on-Tangible-Asset. This places Vedanta Iron and Steel in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.13. 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 Steel company?
The median Return-on-Tangible-Asset among Steel companies is 2.13, based on 634 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. 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 Vedanta Iron and Steel and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vedanta Iron and Steel's current Return-on-Tangible-Asset is -15.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vedanta Iron and Steel stock overvalued right now?
Vedanta Iron and Steel (NSE:VISL) has a current Return-on-Tangible-Asset of -15.41%. The current Return-on-Tangible-Asset is -15.41%. Vedanta Iron and Steel's overall GF Score™ is 2/100 with 7 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 Vedanta Iron and Steel (NSE:VISL), the current Return-on-Tangible-Asset is -15.41% 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.
Vedanta Iron and Steel Ltd is a ferrous-resource company supplying the materials that underpin modern economies. Its products are Iron Ore, Met Coke, Pig Iron, and Steel & VAP. Along with its subsidiary, it engaged in supplying essential materials that power infrastructure, manufacturing, and nation-building across geographies. Its operations span India and Africa. The group focuses on iron ore exploration, mining, and processing in India and West Africa, alongside the production of high-quality steel, wire rods, TMT bars, pig iron, Ductile Iron (DI) Pipes, Ferro-silicon, cement, and metallurgical coke.
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