Shaily Engineering Plastics (BOM:501423) Return-on-Tangible-Equity: 23.84% (As of Mar. 2026) — 53% Above Median

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BOM:501423 Shaily Engineering Plastics Ltd BOM:501423
77 GF Score
Price ₹2,966.05
GF Value ₹1,759.57
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Shaily Engineering Plastics Return-on-Tangible-Equity?

Shaily Engineering Plastics BOM:501423 +0.51% 77 Return-on-Tangible-Equity is 23.84% as of Mar. 2026, which is 53% above its 10-year median of 15.56. GuruFocus rates BOM:501423 with a GF Score™ of 77/100 and a GF Value™ of ₹1,759.57 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,569 Chemicals companies, Shaily Engineering Plastics ranks better than 94.33% 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. Shaily Engineering Plastics's annualized net income for the quarter that ended in Mar. 2026 was ₹1,606 Mil. Shaily Engineering Plastics's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹6,739 Mil. Therefore, Shaily Engineering Plastics's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 23.84%.

The historical rank and industry rank for Shaily Engineering Plastics's Return-on-Tangible-Equity or its related term are showing as below:

BOM:501423' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.91   Med: 15.56   Max: 28.81
Current: 28.75

During the past 13 years, Shaily Engineering Plastics's highest Return-on-Tangible-Equity was 28.81%. The lowest was 9.91%. And the median was 15.56%.

BOM:501423's Return-on-Tangible-Equity is ranked better than
94.33% of 1569 companies
in the Chemicals industry
Industry Median: 5.78 vs BOM:501423: 28.75

Shaily Engineering Plastics  (BOM:501423) 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.


Shaily Engineering Plastics Return-on-Tangible-Equity Related Terms


Shaily Engineering Plastics Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Shaily Engineering Plastics'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.

Shaily Engineering Plastics Return-on-Tangible-Equity Chart

Shaily Engineering Plastics 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 13.62 9.91 14.67 20.19 28.81

Shaily Engineering Plastics 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 22.61 32.53 34.54 25.19 23.84

BOM:501423 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison

For the Specialty Chemicals subindustry, Shaily Engineering Plastics'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.


Shaily Engineering Plastics Return-on-Tangible-Equity vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shaily Engineering Plastics's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Shaily Engineering Plastics's Return-on-Tangible-Equity falls into.


BOM:501423
77GF Score
Shaily Engineering Plastics Ltd BOM:501423
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shaily Engineering Plastics Return-on-Tangible-Equity Calculation

Shaily Engineering Plastics'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 )
=1699.121/( (5057.569+6739.097 )/ 2 )
=1699.121/5898.333
=28.81 %

Shaily Engineering Plastics'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 )
=1606.292/( (0+6739.097)/ 1 )
=1606.292/6739.097
=23.84 %

* 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-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 23.84% mean?
Shaily Engineering Plastics (BOM:501423) has a Return-on-Tangible-Equity of 23.84% 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 Shaily Engineering Plastics and its competitors. This is 53% above median its historical median of 15.56. Over the past decade, Shaily Engineering Plastics' Return-on-Tangible-Equity has ranged from 9.91 to 28.81. According to the industry distribution chart, Shaily Engineering Plastics ranks #89 out of 1569 companies in the Chemicals industry, placing it in the top 5.7%.
Is Shaily Engineering Plastics' Return-on-Tangible-Equity too high?
Shaily Engineering Plastics' current Return-on-Tangible-Equity of 23.84% is 53% above median its 10-year median of 15.56. Over the past 10 years, this metric has ranged from a low of 9.91 to a high of 28.81. The Chemicals industry median Return-on-Tangible-Equity is 5.78. Shaily Engineering Plastics' value of 23.84% is 312.5% above this industry median. Based on the distribution chart, Shaily Engineering Plastics ranks #89 out of 1569 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Shaily Engineering Plastics has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shaily Engineering Plastics' Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shaily Engineering Plastics ranks #89 out of 1569 companies for Return-on-Tangible-Equity. This places Shaily Engineering Plastics in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.78. Shaily Engineering Plastics' value of 23.84% is 312.5% above this benchmark. Historically, Shaily Engineering Plastics' own Return-on-Tangible-Equity has ranged from 9.91 to 28.81 over the past decade. While the company's 10-year median is 15.56 vs. the industry median of 5.78, Shaily Engineering Plastics 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 Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.78, based on 1,569 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. Shaily Engineering Plastics's current Return-on-Tangible-Equity of 23.84% is 312.5% 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 Shaily Engineering Plastics and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shaily Engineering Plastics's current Return-on-Tangible-Equity is 23.84%, which is 53% above median its own 10-year median of 15.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shaily Engineering Plastics stock overvalued right now?
Based on GuruFocus' analysis, Shaily Engineering Plastics (BOM:501423) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,759.57, compared to a current price of ₹2,966.05 — trading 68.6% above its estimated fair value. The current Return-on-Tangible-Equity is 23.84%, which is 53% above median its 10-year median of 15.56 and 312.5% above the Chemicals industry median of 5.78. Shaily Engineering Plastics' overall GF Score™ is 77/100 with 4 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 Shaily Engineering Plastics (BOM:501423), the current Return-on-Tangible-Equity is 23.84% 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 Shaily Engineering Plastics (BOM:501423) Overvalued in 2026?

Based on GuruFocus' analysis, Shaily Engineering Plastics stock appears to be overvalued. The current stock price of ₹2,966.05 is trading 68.6% above its estimated GF Value™ of ₹1,759.57. GuruFocus considers Shaily Engineering Plastics to be Significantly Overvalued.

Key valuation signals for BOM:501423:

  • Return-on-Tangible-Equity: 23.84% (53% above median its 10-year median of 15.56)
  • GF Value™: ₹1,759.57 vs. price of ₹2,966.05 (68.6% above fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 312.5% above the Chemicals median (#89 of 1569)

No single metric tells the full story. See the BOM:501423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shaily Engineering Plastics Business Description

Other Exchanges SHAILY:India
Address Survey No. 364/366, At & Post Rania, Taluka Savli, Vadodara, GJ, IND, 391 780
Shaily Engineering Plastics Ltd is engaged in the manufacture and sale of injection molded precision plastic components, sub-assemblies, and other related services. Geographically, it derives a majority of revenue from Outside India. Its business units consist of Healthcare, Personal Care, Consumer, and Automotive Engineering Plastics.
77GF Score

Get the complete analysis for BOM:501423

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

₹2,966.05
Price
₹1,759.57
GF Value