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Mafatlal IndustriesBOM:500264 -0.74%69 Return-on-Tangible-Equity is 9.38% as of Mar. 2026, which is 220% above its 10-year median of 2.93. GuruFocus rates BOM:500264 with a GF Score™ of 69/100 and a GF Value™ of ₹225.05 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,018 Manufacturing - Apparel & Accessories companies, Mafatlal Industries ranks better than 74.46% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Mafatlal Industries's annualized net income for the quarter that ended in Mar. 2026 was ₹718 Mil. Mafatlal Industries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹7,656 Mil. Therefore, Mafatlal Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.38%.
The historical rank and industry rank for Mafatlal Industries's Return-on-Tangible-Equity or its related term are showing as below:
BOM:500264'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -28.38 Med: 2.93 Max: 13.86
Current: 11.75
During the past 13 years, Mafatlal Industries's highest Return-on-Tangible-Equity was 13.86%. The lowest was -28.38%. And the median was 2.93%.
BOM:500264's Return-on-Tangible-Equity is ranked better than 74.46% of 1018
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.415
vs BOM:500264: 11.75
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Mafatlal Industries Return-on-Tangible-Equity Related Terms
Mafatlal Industries Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Mafatlal Industries's Return-on-Tangible-Equity 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, Mafatlal Industries's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Mafatlal Industries Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mafatlal Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Mafatlal Industries's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 9.38% mean?
Mafatlal Industries (BOM:500264) has a Return-on-Tangible-Equity of 9.38% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Mafatlal Industries and its competitors. This is 220% above median its historical median of 2.93. According to the industry distribution chart, Mafatlal Industries ranks #260 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 25.5%.
Is Mafatlal Industries' Return-on-Tangible-Equity too high?
Mafatlal Industries' current Return-on-Tangible-Equity of 9.38% is 220% above median its 10-year median of 2.93. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.42. Mafatlal Industries' value of 9.38% is 112.5% above this industry median. Based on the distribution chart, Mafatlal Industries ranks #260 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Mafatlal Industries has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mafatlal Industries' Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Mafatlal Industries ranks #260 out of 1018 companies for Return-on-Tangible-Equity. This puts Mafatlal Industries in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.42. Mafatlal Industries' value of 9.38% is 112.5% above this benchmark. While the company's 10-year median is 2.93 vs. the industry median of 4.42, Mafatlal Industries 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-Equity for a Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.42, based on 1,018 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mafatlal Industries's current Return-on-Tangible-Equity of 9.38% is 112.5% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Mafatlal Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mafatlal Industries's current Return-on-Tangible-Equity is 9.38%, which is 220% above median its own 10-year median of 2.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mafatlal Industries stock overvalued right now?
Based on GuruFocus' analysis, Mafatlal Industries (BOM:500264) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹225.05, compared to a current price of ₹133.85 — trading 40.5% below its estimated fair value. The current Return-on-Tangible-Equity is 9.38%, which is 220% above median its 10-year median of 2.93 and 112.5% above the Manufacturing - Apparel & Accessories industry median of 4.42. Mafatlal Industries' 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Mafatlal Industries (BOM:500264), the current Return-on-Tangible-Equity is 9.38% 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 Mafatlal Industries (BOM:500264) Overvalued in 2026?
Based on GuruFocus' analysis, Mafatlal Industries stock appears to be undervalued.
The current stock price of ₹133.85 is trading 40.5% below its estimated GF Value™ of ₹225.05.
GuruFocus considers Mafatlal Industries to be Significantly Undervalued.
Key valuation signals for BOM:500264:
Return-on-Tangible-Equity: 9.38% (220% above median its 10-year median of 2.93)
GF Value™: ₹225.05 vs. price of ₹133.85 (40.5% below fair value)
Industry Position: 112.5% above the Manufacturing - Apparel & Accessories median (#260 of 1018)
No single metric tells the full story. See the BOM:500264 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mafatlal Industries Ltd operates in the textile with Textiles and Denim business units. It operates in both, the business-to-business (B2B) and the business-to-consumer (B2C) and retail sectors. Company has three segment Textile and Related Products, Digital Infrastructure and Consumer Durables and Others. The company provides polyester cotton, cotton white shirting business, cotton and viscose prints, and high-twist cotton voiles. The firm offers men's wear, including suitings, trousering, shirtings, and readymades; denim; women's wear, including prints, voiles, and nightwear; school uniforms; corporate uniforms; work uniforms; hospitality uniforms; medical uniforms; bed linen; bath towels; specialty fabrics, and ready-to-stitch.
69GF Score
Get the complete analysis for BOM:500264
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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