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Indian Card Clothing CoBOM:509692 60 Return-on-Tangible-Equity is -3.95% as of Mar. 2026. GuruFocus rates BOM:509692 with a GF Score™ of 60/100 and a GF Value™ of ₹235.21 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,015 Manufacturing - Apparel & Accessories companies, Indian Card Clothing Co ranks worse than 66.5% 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. Indian Card Clothing Co's annualized net income for the quarter that ended in Mar. 2026 was ₹-135.3 Mil. Indian Card Clothing Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹3,423.7 Mil. Therefore, Indian Card Clothing Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -3.95%.
The historical rank and industry rank for Indian Card Clothing Co's Return-on-Tangible-Equity or its related term are showing as below:
BOM:509692'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -27.7 Med: 1.28 Max: 114.34
Current: 1.09
During the past 13 years, Indian Card Clothing Co's highest Return-on-Tangible-Equity was 114.34%. The lowest was -27.70%. And the median was 1.28%.
BOM:509692's Return-on-Tangible-Equity is ranked worse than 66.5% of 1015
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43
vs BOM:509692: 1.09
Indian Card Clothing Co (BOM:509692) 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.
Indian Card Clothing Co Return-on-Tangible-Equity Related Terms
Indian Card Clothing Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Indian Card Clothing Co'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.
Indian Card Clothing Co Return-on-Tangible-Equity Chart
Indian Card Clothing Co Return-on-Tangible-Equity Competitor Comparison
For the Textile Manufacturing subindustry, Indian Card Clothing Co'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.
Indian Card Clothing Co Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Indian Card Clothing Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Indian Card Clothing Co'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 -3.95% mean?
Indian Card Clothing Co (BOM:509692) has a Return-on-Tangible-Equity of -3.95% 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 Indian Card Clothing Co and its competitors. According to the industry distribution chart, Indian Card Clothing Co ranks #675 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 66.5%.
Is Indian Card Clothing Co's Return-on-Tangible-Equity too high?
Indian Card Clothing Co's current Return-on-Tangible-Equity is -3.95%. Based on the distribution chart, Indian Card Clothing Co ranks #675 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Indian Card Clothing Co has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indian Card Clothing Co's Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Indian Card Clothing Co ranks #675 out of 1015 companies for Return-on-Tangible-Equity. This places Indian Card Clothing Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.43. 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 4.43, based on 1,015 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. 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 Indian Card Clothing Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Card Clothing Co's current Return-on-Tangible-Equity is -3.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Card Clothing Co stock overvalued right now?
Based on GuruFocus' analysis, Indian Card Clothing Co (BOM:509692) is currently considered Fairly Valued. The stock's GF Value™ is ₹235.21, compared to a current price of ₹214.15 — trading 9% below its estimated fair value. The current Return-on-Tangible-Equity is -3.95%. Indian Card Clothing Co's overall GF Score™ is 60/100 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 Indian Card Clothing Co (BOM:509692), the current Return-on-Tangible-Equity is -3.95% 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 Indian Card Clothing Co (BOM:509692) Overvalued in 2026?
Based on GuruFocus' analysis, Indian Card Clothing Co stock appears to be undervalued.
The current stock price of ₹214.15 is trading 9% below its estimated GF Value™ of ₹235.21.
GuruFocus considers Indian Card Clothing Co to be Fairly Valued.
Key valuation signals for BOM:509692:
Return-on-Tangible-Equity: -3.95%
GF Value™: ₹235.21 vs. price of ₹214.15 (9% below fair value)
No single metric tells the full story. See the BOM:509692 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indian Card Clothing Co Ltd (ICC) is a precision engineering company specializing in the manufacturing and supply of card clothing products and carding solutions for the textile industry. ICC has developed card clothing products such as cylinder wires, doffer wires, lickerin wires, and flat tops used in cotton carding and non-woven textile processes. The company operates manufacturing facilities in Pune, Maharashtra, and Nalagarh, Himachal Pradesh, catering to domestic and international markets. It generates revenue through sales of card clothing sets and related accessories to textile producers. ICC focuses on technology-driven product innovation to meet evolving industry requirements.
60GF Score
Get the complete analysis for BOM:509692
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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