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India HomesBOM:513361 -0.09%22 Return-on-Tangible-Equity is 203.08% as of Mar. 2026. GuruFocus rates BOM:513361 with a GF Score™ of 22/100. The stock has 8 warning signs investors should review. Among 615 Steel companies, India Homes ranks better than 97.07% 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. India Homes's annualized net income for the quarter that ended in Mar. 2026 was ₹914.0 Mil. India Homes's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹450.1 Mil. Therefore, India Homes's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 203.08%.
The historical rank and industry rank for India Homes's Return-on-Tangible-Equity or its related term are showing as below:
BOM:513361'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -54.36 Med: -13.03 Max: 60.1
Current: 60.1
During the past 13 years, India Homes's highest Return-on-Tangible-Equity was 60.10%. The lowest was -54.36%. And the median was -13.03%.
BOM:513361's Return-on-Tangible-Equity is ranked better than 97.07% of 615
companies
in the Steel industry
Industry Median: 4.23
vs BOM:513361: 60.10
India Homes (BOM:513361) 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.
India Homes Return-on-Tangible-Equity Related Terms
India Homes Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for India Homes'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:513361 vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, India Homes'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.
India Homes Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, India Homes's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where India Homes'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 203.08% mean?
India Homes (BOM:513361) has a Return-on-Tangible-Equity of 203.08% 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 India Homes and its competitors. According to the industry distribution chart, India Homes ranks #18 out of 615 companies in the Steel industry, placing it in the top 2.9%.
Is India Homes' Return-on-Tangible-Equity too high?
India Homes' current Return-on-Tangible-Equity is 203.08%. The Steel industry median Return-on-Tangible-Equity is 4.23. India Homes' value of 203.08% is 4700.9% above this industry median. Based on the distribution chart, India Homes ranks #18 out of 615 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, India Homes has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does India Homes' Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, India Homes ranks #18 out of 615 companies for Return-on-Tangible-Equity. This places India Homes in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.23. India Homes' value of 203.08% is 4700.9% 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 Steel company?
The median Return-on-Tangible-Equity among Steel companies is 4.23, based on 615 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. India Homes's current Return-on-Tangible-Equity of 203.08% is 4700.9% 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 India Homes and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. India Homes's current Return-on-Tangible-Equity is 203.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Homes stock overvalued right now?
India Homes (BOM:513361) has a current Return-on-Tangible-Equity of 203.08%. The current Return-on-Tangible-Equity is 203.08% and 4700.9% above the Steel industry median of 4.23. India Homes' overall GF Score™ is 22/100 with 8 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 India Homes (BOM:513361), the current Return-on-Tangible-Equity is 203.08% 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.
India Homes Ltd Formerly India Steel Works Ltd is engaged in the manufacturing and trading of steel products, like Hot rolled, Bars and Rods, Bright Bars extra. It offers products such as steel billets, bright bars, wires, stainless steel products, wire rods, and coils. The company has identified only one segment: Manufacturing & Trading of Stainless Steel & Allied Products.
22GF Score
Get the complete analysis for BOM:513361
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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