Aro Granite Industries (BOM:513729) Return-on-Tangible-Equity: -14.75% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:513729 Aro Granite Industries Ltd BOM:513729
51 GF Score
Price ₹26.01
GF Value ₹21.84
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Aro Granite Industries Return-on-Tangible-Equity?

Aro Granite Industries BOM:513729 -0.31% 51 Return-on-Tangible-Equity is -14.75% as of Mar. 2026. GuruFocus rates BOM:513729 with a GF Score™ of 51/100 and a GF Value™ of ₹21.84 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,713 Construction companies, Aro Granite Industries ranks worse than 83.71% 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. Aro Granite Industries's annualized net income for the quarter that ended in Mar. 2026 was ₹-256.3 Mil. Aro Granite Industries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,738.1 Mil. Therefore, Aro Granite Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -14.75%.

The historical rank and industry rank for Aro Granite Industries's Return-on-Tangible-Equity or its related term are showing as below:

BOM:513729' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.57   Med: 1.34   Max: 7.69
Current: -6.53

During the past 13 years, Aro Granite Industries's highest Return-on-Tangible-Equity was 7.69%. The lowest was -6.57%. And the median was 1.34%.

BOM:513729's Return-on-Tangible-Equity is ranked worse than
83.71% of 1713 companies
in the Construction industry
Industry Median: 8.19 vs BOM:513729: -6.53

Aro Granite Industries  (BOM:513729) 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.


Aro Granite Industries Return-on-Tangible-Equity Related Terms


Aro Granite Industries Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Aro Granite Industries'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.

Aro Granite Industries Return-on-Tangible-Equity Chart

Aro Granite Industries 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 4.64 -2.99 0.69 -3.40 -6.57

Aro Granite Industries 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 0.05 0.12 -5.44 -6.49 -14.75

BOM:513729 vs TT, JCI, CARR: Return-on-Tangible-Equity Comparison

For the Building Products & Equipment subindustry, Aro Granite 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.


Aro Granite Industries Return-on-Tangible-Equity vs Construction Industry

For the Construction industry and Industrials sector, Aro Granite Industries's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Aro Granite Industries's Return-on-Tangible-Equity falls into.


BOM:513729
51GF Score
Aro Granite Industries Ltd BOM:513729
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aro Granite Industries Return-on-Tangible-Equity Calculation

Aro Granite Industries'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 )
=-118.175/( (1857.305+1738.121 )/ 2 )
=-118.175/1797.713
=-6.57 %

Aro Granite Industries'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 )
=-256.292/( (0+1738.121)/ 1 )
=-256.292/1738.121
=-14.75 %

* 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 -14.75% mean?
Aro Granite Industries (BOM:513729) has a Return-on-Tangible-Equity of -14.75% 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 Aro Granite Industries and its competitors. According to the industry distribution chart, Aro Granite Industries ranks #1434 out of 1713 companies in the Construction industry, placing it in the top 83.7%.
Is Aro Granite Industries' Return-on-Tangible-Equity too high?
Aro Granite Industries' current Return-on-Tangible-Equity is -14.75%. Based on the distribution chart, Aro Granite Industries ranks #1434 out of 1713 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Aro Granite Industries has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aro Granite Industries' Return-on-Tangible-Equity compare to TT and JCI?
According to the Construction industry distribution chart, Aro Granite Industries ranks #1434 out of 1713 companies for Return-on-Tangible-Equity. This places Aro Granite Industries in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.19. 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.19, based on 1,713 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 Aro Granite Industries and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aro Granite Industries's current Return-on-Tangible-Equity is -14.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aro Granite Industries stock overvalued right now?
Based on GuruFocus' analysis, Aro Granite Industries (BOM:513729) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹21.84, compared to a current price of ₹26.01 — trading 19.1% above its estimated fair value. The current Return-on-Tangible-Equity is -14.75%. Aro Granite Industries' overall GF Score™ is 51/100 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 Aro Granite Industries (BOM:513729), the current Return-on-Tangible-Equity is -14.75% 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 Aro Granite Industries (BOM:513729) Overvalued in 2026?

Based on GuruFocus' analysis, Aro Granite Industries stock appears to be overvalued. The current stock price of ₹26.01 is trading 19.1% above its estimated GF Value™ of ₹21.84. GuruFocus considers Aro Granite Industries to be Modestly Overvalued.

Key valuation signals for BOM:513729:

  • Return-on-Tangible-Equity: -14.75%
  • GF Value™: ₹21.84 vs. price of ₹26.01 (19.1% above fair value)
  • GF Score™: 51/100 with 4 warning signs

No single metric tells the full story. See the BOM:513729 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aro Granite Industries Business Description

Other Exchanges AROGRANITE:India
Address Koneripalli Village, Via Shoolagiri, Taluka Hosur, District Krishnagiri, Hosur, TN, IND, 635117
Aro Granite Industries Ltd is an exporter of processed granite. The company is engaged in the manufacturing and trading of Granite Slabs and Tiles. It is engaged in the business of two segments: Manufacturing of Engineered Quartz Stone Slabs and Manufacturing of Natural Stone Granites Slab and Tiles. It offers products in an array of finishes, such as polished finish, flamed finish, honed finish, brushed finish, leather finish, and caress finish. Maximum revenue for the company is generated from its Granites business.
51GF Score

Get the complete analysis for BOM:513729

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

₹26.01
Price
₹21.84
GF Value