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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. Kanoria Chemicals & Industries's annualized net income for the quarter that ended in Mar. 2026 was ₹1,265 Mil. Kanoria Chemicals & Industries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹5,728 Mil. Therefore, Kanoria Chemicals & Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 22.08%.
The historical rank and industry rank for Kanoria Chemicals & Industries's Return-on-Tangible-Equity or its related term are showing as below:
BOM:506525'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -15.61 Med: -2.15 Max: 22.46
Current: 22.46
During the past 13 years, Kanoria Chemicals & Industries's highest Return-on-Tangible-Equity was 22.46%. The lowest was -15.61%. And the median was -2.15%.
BOM:506525's Return-on-Tangible-Equity is ranked better than 90.85% of 1574
companies
in the Chemicals industry
Industry Median: 5.99
vs BOM:506525: 22.46
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.
Kanoria Chemicals & Industries Return-on-Tangible-Equity Related Terms
Kanoria Chemicals & Industries Return-on-Tangible-Equity Historical Data
* 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.
BOM:506525 vs DOW: Return-on-Tangible-Equity Comparison
For the Chemicals subindustry, Kanoria Chemicals & 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.
Kanoria Chemicals & Industries Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Kanoria Chemicals & Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Kanoria Chemicals & 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 22.08% mean?
Kanoria Chemicals & Industries (BOM:506525) has a Return-on-Tangible-Equity of 22.08% 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 Kanoria Chemicals & Industries and its competitors. According to the industry distribution chart, Kanoria Chemicals & Industries ranks #144 out of 1574 companies in the Chemicals industry, placing it in the top 9.1%.
Is Kanoria Chemicals & Industries' Return-on-Tangible-Equity too high?
Kanoria Chemicals & Industries' current Return-on-Tangible-Equity is 22.08%. The Chemicals industry median Return-on-Tangible-Equity is 5.99. Kanoria Chemicals & Industries' value of 22.08% is 268.6% above this industry median. Based on the distribution chart, Kanoria Chemicals & Industries ranks #144 out of 1574 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Kanoria Chemicals & Industries has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kanoria Chemicals & Industries' Return-on-Tangible-Equity compare to DOW?
According to the Chemicals industry distribution chart, Kanoria Chemicals & Industries ranks #144 out of 1574 companies for Return-on-Tangible-Equity. This places Kanoria Chemicals & Industries in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.99. Kanoria Chemicals & Industries' value of 22.08% is 268.6% above this benchmark. 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 5.99, based on 1,574 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. Kanoria Chemicals & Industries's current Return-on-Tangible-Equity of 22.08% is 268.6% 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 Kanoria Chemicals & Industries and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kanoria Chemicals & Industries's current Return-on-Tangible-Equity is 22.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanoria Chemicals & Industries stock overvalued right now?
Based on GuruFocus' analysis, Kanoria Chemicals & Industries (BOM:506525) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹75.34, compared to a current price of ₹160.55 — trading 113.1% above its estimated fair value. The current Return-on-Tangible-Equity is 22.08% and 268.6% above the Chemicals industry median of 5.99. Kanoria Chemicals & Industries' overall GF Score™ is 43/100 with 9 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 Kanoria Chemicals & Industries (BOM:506525), the current Return-on-Tangible-Equity is 22.08% 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 Kanoria Chemicals & Industries (BOM:506525) Overvalued in 2026?
Based on GuruFocus' analysis, Kanoria Chemicals & Industries stock appears to be overvalued.
The current stock price of ₹160.55 is trading 113.1% above its estimated GF Value™ of ₹75.34.
GuruFocus considers Kanoria Chemicals & Industries to be Significantly Overvalued.
Key valuation signals for BOM:506525:
Return-on-Tangible-Equity: 22.08%
GF Value™: ₹75.34 vs. price of ₹160.55 (113.1% above fair value)
Industry Position: 268.6% above the Chemicals median (#144 of 1574)
No single metric tells the full story. See the BOM:506525 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kanoria Chemicals & Industries Ltd is an Indian based chemical manufacturer. The company's operating segments include Alco Chemicals, Electronic Automotive, and Textile. It generates maximum revenue from the Electronic Automotive segment. Geographically, the company derives a majority of revenue from Rest of the World.
43GF Score
Get the complete analysis for BOM:506525
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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