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Vardhman TextilesNSE:VTL -2.63%72 Return-on-Tangible-Asset is 5.33% as of Mar. 2026, which is 26% below its 10-year median of 7.19. GuruFocus rates NSE:VTL with a GF Score™ of 72/100 and a GF Value™ of ₹483.63 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,067 Manufacturing - Apparel & Accessories companies, Vardhman Textiles ranks better than 76.19% 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. Vardhman Textiles's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹7,388 Mil. Vardhman Textiles's average total tangible assets for the quarter that ended in Mar. 2026 was ₹138,553 Mil. Therefore, Vardhman Textiles's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.33%.
The historical rank and industry rank for Vardhman Textiles's Return-on-Tangible-Asset or its related term are showing as below:
NSE:VTL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.37 Med: 7.19 Max: 15.03
Current: 5.67
During the past 13 years, Vardhman Textiles's highest Return-on-Tangible-Asset was 15.03%. The lowest was 4.37%. And the median was 7.19%.
NSE:VTL's Return-on-Tangible-Asset is ranked better than 76.19% of 1067
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.99
vs NSE:VTL: 5.67
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.
Vardhman Textiles Return-on-Tangible-Asset Related Terms
Vardhman Textiles Return-on-Tangible-Asset Historical Data
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The historical data trend for Vardhman Textiles'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.
For the Textile Manufacturing subindustry, Vardhman Textiles'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.
Vardhman Textiles Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vardhman Textiles's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Vardhman Textiles'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 5.33% mean?
Vardhman Textiles (NSE:VTL) has a Return-on-Tangible-Asset of 5.33% 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 Vardhman Textiles and its competitors. This is 26% below median its historical median of 7.19. Over the past decade, Vardhman Textiles' Return-on-Tangible-Asset has ranged from 4.37 to 15.03. According to the industry distribution chart, Vardhman Textiles ranks #254 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 23.8%.
Is Vardhman Textiles' Return-on-Tangible-Asset too high?
Vardhman Textiles' current Return-on-Tangible-Asset of 5.33% is 26% below median its 10-year median of 7.19. Over the past 10 years, this metric has ranged from a low of 4.37 to a high of 15.03. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 1.99. Vardhman Textiles' value of 5.33% is 167.8% above this industry median. Based on the distribution chart, Vardhman Textiles ranks #254 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Vardhman Textiles has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vardhman Textiles' Return-on-Tangible-Asset compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Vardhman Textiles ranks #254 out of 1067 companies for Return-on-Tangible-Asset. This places Vardhman Textiles in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.99. Vardhman Textiles' value of 5.33% is 167.8% above this benchmark. Historically, Vardhman Textiles' own Return-on-Tangible-Asset has ranged from 4.37 to 15.03 over the past decade. While the company's 10-year median is 7.19 vs. the industry median of 1.99, Vardhman Textiles 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 1.99, based on 1,067 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. Vardhman Textiles's current Return-on-Tangible-Asset of 5.33% is 167.8% 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 Vardhman Textiles and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vardhman Textiles's current Return-on-Tangible-Asset is 5.33%, which is 26% below median its own 10-year median of 7.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vardhman Textiles stock overvalued right now?
Based on GuruFocus' analysis, Vardhman Textiles (NSE:VTL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹483.63, compared to a current price of ₹610.10 — trading 26.2% above its estimated fair value. The current Return-on-Tangible-Asset is 5.33%, which is 26% below median its 10-year median of 7.19 and 167.8% above the Manufacturing - Apparel & Accessories industry median of 1.99. Vardhman Textiles' overall GF Score™ is 72/100 with 8 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 Vardhman Textiles (NSE:VTL), the current Return-on-Tangible-Asset is 5.33% 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 Vardhman Textiles (NSE:VTL) Overvalued in 2026?
Based on GuruFocus' analysis, Vardhman Textiles stock appears to be overvalued.
The current stock price of ₹610.10 is trading 26.2% above its estimated GF Value™ of ₹483.63.
GuruFocus considers Vardhman Textiles to be Modestly Overvalued.
Key valuation signals for NSE:VTL:
Return-on-Tangible-Asset: 5.33% (26% below median its 10-year median of 7.19)
GF Value™: ₹483.63 vs. price of ₹610.10 (26.2% above fair value)
Industry Position: 167.8% above the Manufacturing - Apparel & Accessories median (#254 of 1067)
No single metric tells the full story. See the NSE:VTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vardhman Textiles Ltd is a manufacturer and seller of textiles and acrylic fiber. The company's segments include: Textile and Fibre. The company derives majority of its revenue from Textiles segment, which offers greige and dyed yarns in a number of fabrics such as cotton, polyester, acrylic, organic cotton, melange, cellulose, and synthetics. The company provides fabrics for the apparel industry and home textiles and manufactures shirts for retail brands. In addition, It offers hot-rolled bars for use in industries such as automotive, engineering, and allied industries. Geographically, it operates in India as well as Overseas.
72GF Score
Get the complete analysis for NSE:VTL
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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