Dalal Street Investments (BOM:501148) Return-on-Tangible-Equity: 10.49% (As of Mar. 2026) — 332% Above 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.

BOM:501148 Dalal Street Investments Ltd BOM:501148
57 GF Score
Price ₹400.00
GF Value ₹278.13
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Dalal Street Investments Return-on-Tangible-Equity?

Dalal Street Investments BOM:501148 57 Return-on-Tangible-Equity is 10.49% as of Mar. 2026, which is 332% above its 10-year median of 2.43. GuruFocus rates BOM:501148 with a GF Score™ of 57/100 and a GF Value™ of ₹278.13 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 782 Capital Markets companies, Dalal Street Investments ranks worse than 73.79% 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. Dalal Street Investments's annualized net income for the quarter that ended in Mar. 2026 was ₹5.05 Mil. Dalal Street Investments's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹48.18 Mil. Therefore, Dalal Street Investments's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 10.49%.

The historical rank and industry rank for Dalal Street Investments's Return-on-Tangible-Equity or its related term are showing as below:

BOM:501148' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.26   Med: 2.43   Max: 524.34
Current: -0.26

During the past 13 years, Dalal Street Investments's highest Return-on-Tangible-Equity was 524.34%. The lowest was -0.26%. And the median was 2.43%.

BOM:501148's Return-on-Tangible-Equity is ranked worse than
73.79% of 782 companies
in the Capital Markets industry
Industry Median: 6.54 vs BOM:501148: -0.26

Dalal Street Investments  (BOM:501148) Return-on-Tangible-Equity Explanation

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.


Dalal Street Investments Return-on-Tangible-Equity Related Terms


Dalal Street Investments Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Dalal Street Investments'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.

Dalal Street Investments Return-on-Tangible-Equity Chart

Dalal Street Investments Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 1.47 2.43 2.71 -0.26

Dalal Street Investments Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -33.25 -19.40 23.09 -14.79 10.49

BOM:501148 vs MS, GS, SCHW: Return-on-Tangible-Equity Comparison

For the Capital Markets subindustry, Dalal Street Investments'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.


Dalal Street Investments Return-on-Tangible-Equity vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Dalal Street Investments's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Dalal Street Investments's Return-on-Tangible-Equity falls into.


BOM:501148
57GF Score
Dalal Street Investments Ltd BOM:501148
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dalal Street Investments Return-on-Tangible-Equity Calculation

Dalal Street Investments's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=-0.126/( (49.67+48.179 )/ 2 )
=-0.126/48.9245
=-0.26 %

Dalal Street Investments's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=5.052/( (0+48.179)/ 1 )
=5.052/48.179
=10.49 %

* 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 10.49% mean?
Dalal Street Investments (BOM:501148) has a Return-on-Tangible-Equity of 10.49% 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 Dalal Street Investments and its competitors. This is 332% above median its historical median of 2.43. According to the industry distribution chart, Dalal Street Investments ranks #577 out of 782 companies in the Capital Markets industry, placing it in the top 73.8%.
Is Dalal Street Investments' Return-on-Tangible-Equity too high?
Dalal Street Investments' current Return-on-Tangible-Equity of 10.49% is 332% above median its 10-year median of 2.43. The Capital Markets industry median Return-on-Tangible-Equity is 6.54. Dalal Street Investments' value of 10.49% is 60.4% above this industry median. Based on the distribution chart, Dalal Street Investments ranks #577 out of 782 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Dalal Street Investments has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dalal Street Investments' Return-on-Tangible-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, Dalal Street Investments ranks #577 out of 782 companies for Return-on-Tangible-Equity. This places Dalal Street Investments in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.54. Dalal Street Investments' value of 10.49% is 60.4% above this benchmark. While the company's 10-year median is 2.43 vs. the industry median of 6.54, Dalal Street Investments 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 Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.54, based on 782 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. Dalal Street Investments's current Return-on-Tangible-Equity of 10.49% is 60.4% 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 Dalal Street Investments and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dalal Street Investments's current Return-on-Tangible-Equity is 10.49%, which is 332% above median its own 10-year median of 2.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dalal Street Investments stock overvalued right now?
Based on GuruFocus' analysis, Dalal Street Investments (BOM:501148) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹278.13, compared to a current price of ₹400.00 — trading 43.8% above its estimated fair value. The current Return-on-Tangible-Equity is 10.49%, which is 332% above median its 10-year median of 2.43 and 60.4% above the Capital Markets industry median of 6.54. Dalal Street Investments' overall GF Score™ is 57/100 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 Dalal Street Investments (BOM:501148), the current Return-on-Tangible-Equity is 10.49% 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 Dalal Street Investments (BOM:501148) Overvalued in 2026?

Based on GuruFocus' analysis, Dalal Street Investments stock appears to be overvalued. The current stock price of ₹400.00 is trading 43.8% above its estimated GF Value™ of ₹278.13. GuruFocus considers Dalal Street Investments to be Significantly Overvalued.

Key valuation signals for BOM:501148:

  • Return-on-Tangible-Equity: 10.49% (332% above median its 10-year median of 2.43)
  • GF Value™: ₹278.13 vs. price of ₹400.00 (43.8% above fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 60.4% above the Capital Markets median (#577 of 782)

No single metric tells the full story. See the BOM:501148 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dalal Street Investments Business Description

Address S.V. Road, 409 Dev Plaza, Opposite Fire Brigade, Andheri West, Mumbai, MH, IND, 400058
Dalal Street Investments Ltd engages in the business of trading and investments in shares and securities. The company is focused on providing advisory and consultancy services. It also manages investment pools, mutual funds, syndicates in shares, and stocks. The company operates within India.
57GF Score

Get the complete analysis for BOM:501148

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

₹400.00
Price
₹278.13
GF Value