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Nidhi GranitesBOM:512103 -1.41%70 Return-on-Tangible-Equity is 42.79% as of Mar. 2026, which is 793% above its 10-year median of 4.79. GuruFocus rates BOM:512103 with a GF Score™ of 70/100 and a GF Value™ of ₹223.55 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 397 Building Materials companies, Nidhi Granites ranks better than 95.47% 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. Nidhi Granites's annualized net income for the quarter that ended in Mar. 2026 was ₹77.6 Mil. Nidhi Granites's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹181.3 Mil. Therefore, Nidhi Granites's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 42.79%.
The historical rank and industry rank for Nidhi Granites's Return-on-Tangible-Equity or its related term are showing as below:
BOM:512103'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -12.41 Med: 4.79 Max: 46.68
Current: 46.68
During the past 13 years, Nidhi Granites's highest Return-on-Tangible-Equity was 46.68%. The lowest was -12.41%. And the median was 4.79%.
BOM:512103's Return-on-Tangible-Equity is ranked better than 95.47% of 397
companies
in the Building Materials industry
Industry Median: 5.06
vs BOM:512103: 46.68
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.
Nidhi Granites Return-on-Tangible-Equity Related Terms
Nidhi Granites Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Nidhi Granites'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.
BOM:512103 vs CRH, VMC, MLM: Return-on-Tangible-Equity Comparison
For the Building Materials subindustry, Nidhi Granites'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.
Nidhi Granites Return-on-Tangible-Equity vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Nidhi Granites's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nidhi Granites'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 42.79% mean?
Nidhi Granites (BOM:512103) has a Return-on-Tangible-Equity of 42.79% 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 Nidhi Granites and its competitors. This is 793% above median its historical median of 4.79. According to the industry distribution chart, Nidhi Granites ranks #18 out of 397 companies in the Building Materials industry, placing it in the top 4.5%.
Is Nidhi Granites' Return-on-Tangible-Equity too high?
Nidhi Granites' current Return-on-Tangible-Equity of 42.79% is 793% above median its 10-year median of 4.79. The Building Materials industry median Return-on-Tangible-Equity is 5.06. Nidhi Granites' value of 42.79% is 745.7% above this industry median. Based on the distribution chart, Nidhi Granites ranks #18 out of 397 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Nidhi Granites has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nidhi Granites' Return-on-Tangible-Equity compare to CRH and VMC?
According to the Building Materials industry distribution chart, Nidhi Granites ranks #18 out of 397 companies for Return-on-Tangible-Equity. This places Nidhi Granites in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.06. Nidhi Granites' value of 42.79% is 745.7% above this benchmark. While the company's 10-year median is 4.79 vs. the industry median of 5.06, Nidhi Granites 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 Building Materials company?
The median Return-on-Tangible-Equity among Building Materials companies is 5.06, based on 397 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. Nidhi Granites's current Return-on-Tangible-Equity of 42.79% is 745.7% 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 Nidhi Granites and its competitors. For the Building Materials industry, the median Return-on-Tangible-Equity is 5.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nidhi Granites's current Return-on-Tangible-Equity is 42.79%, which is 793% above median its own 10-year median of 4.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nidhi Granites stock overvalued right now?
Based on GuruFocus' analysis, Nidhi Granites (BOM:512103) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹223.55, compared to a current price of ₹304.45 — trading 36.2% above its estimated fair value. The current Return-on-Tangible-Equity is 42.79%, which is 793% above median its 10-year median of 4.79 and 745.7% above the Building Materials industry median of 5.06. Nidhi Granites' overall GF Score™ is 70/100 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 Nidhi Granites (BOM:512103), the current Return-on-Tangible-Equity is 42.79% 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 Nidhi Granites (BOM:512103) Overvalued in 2026?
Based on GuruFocus' analysis, Nidhi Granites stock appears to be overvalued.
The current stock price of ₹304.45 is trading 36.2% above its estimated GF Value™ of ₹223.55.
GuruFocus considers Nidhi Granites to be Significantly Overvalued.
Key valuation signals for BOM:512103:
Return-on-Tangible-Equity: 42.79% (793% above median its 10-year median of 4.79)
GF Value™: ₹223.55 vs. price of ₹304.45 (36.2% above fair value)
Industry Position: 745.7% above the Building Materials median (#18 of 397)
No single metric tells the full story. See the BOM:512103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nidhi Granites Ltd is an India-based company engaged in the business of manufacturing and trading of granite and marble slabs, tiles, sandstone, and limestone products. investment activities. Its segments include Paper and Paperboard, Garments, and Construction materials. The company is also engaged in share trading and investment in shares and mutual funds.
70GF Score
Get the complete analysis for BOM:512103
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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