Vippy Spinpro (BOM:514302) Return-on-Tangible-Equity: 13.56% (As of Mar. 2026) — 21% Above Median

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BOM:514302 Vippy Spinpro Ltd BOM:514302
73 GF Score
Price ₹175.05
GF Value ₹196.74
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Vippy Spinpro Return-on-Tangible-Equity?

Vippy Spinpro BOM:514302 -0.62% 73 Return-on-Tangible-Equity is 13.56% as of Mar. 2026, which is 21% above its 10-year median of 11.24. GuruFocus rates BOM:514302 with a GF Score™ of 73/100 and a GF Value™ of ₹196.74 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,017 Manufacturing - Apparel & Accessories companies, Vippy Spinpro ranks better than 76.3% 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. Vippy Spinpro's annualized net income for the quarter that ended in Mar. 2026 was ₹135 Mil. Vippy Spinpro's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹997 Mil. Therefore, Vippy Spinpro's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 13.56%.

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

BOM:514302' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.91   Med: 11.24   Max: 22.43
Current: 12.77

During the past 13 years, Vippy Spinpro's highest Return-on-Tangible-Equity was 22.43%. The lowest was 5.91%. And the median was 11.24%.

BOM:514302's Return-on-Tangible-Equity is ranked better than
76.3% of 1017 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.48 vs BOM:514302: 12.77

Vippy Spinpro  (BOM:514302) 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.


Vippy Spinpro Return-on-Tangible-Equity Related Terms


Vippy Spinpro Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Vippy Spinpro'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.

Vippy Spinpro Return-on-Tangible-Equity Chart

Vippy Spinpro 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 22.43 16.27 5.91 14.05 12.80

Vippy Spinpro 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 11.66 18.42 11.66 7.77 13.56

Vippy Spinpro Return-on-Tangible-Equity Competitor Comparison

For the Textile Manufacturing subindustry, Vippy Spinpro'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.


Vippy Spinpro Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vippy Spinpro's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Vippy Spinpro's Return-on-Tangible-Equity falls into.


BOM:514302
73GF Score
Vippy Spinpro Ltd BOM:514302
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vippy Spinpro Return-on-Tangible-Equity Calculation

Vippy Spinpro'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 )
=119.821/( (874.234+997.307 )/ 2 )
=119.821/935.7705
=12.80 %

Vippy Spinpro'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 )
=135.2/( (0+997.307)/ 1 )
=135.2/997.307
=13.56 %

* 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 13.56% mean?
Vippy Spinpro (BOM:514302) has a Return-on-Tangible-Equity of 13.56% 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 Vippy Spinpro and its competitors. This is 21% above median its historical median of 11.24. Over the past decade, Vippy Spinpro's Return-on-Tangible-Equity has ranged from 5.91 to 22.43. According to the industry distribution chart, Vippy Spinpro ranks #241 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 23.7%.
Is Vippy Spinpro's Return-on-Tangible-Equity too high?
Vippy Spinpro's current Return-on-Tangible-Equity of 13.56% is 21% above median its 10-year median of 11.24. Over the past 10 years, this metric has ranged from a low of 5.91 to a high of 22.43. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.48. Vippy Spinpro's value of 13.56% is 202.7% above this industry median. Based on the distribution chart, Vippy Spinpro ranks #241 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Vippy Spinpro has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vippy Spinpro's Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Vippy Spinpro ranks #241 out of 1017 companies for Return-on-Tangible-Equity. This places Vippy Spinpro in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.48. Vippy Spinpro's value of 13.56% is 202.7% above this benchmark. Historically, Vippy Spinpro's own Return-on-Tangible-Equity has ranged from 5.91 to 22.43 over the past decade. While the company's 10-year median is 11.24 vs. the industry median of 4.48, Vippy Spinpro 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.48, based on 1,017 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. Vippy Spinpro's current Return-on-Tangible-Equity of 13.56% is 202.7% 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 Vippy Spinpro and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vippy Spinpro's current Return-on-Tangible-Equity is 13.56%, which is 21% above median its own 10-year median of 11.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vippy Spinpro stock overvalued right now?
Based on GuruFocus' analysis, Vippy Spinpro (BOM:514302) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹196.74, compared to a current price of ₹175.05 — trading 11% below its estimated fair value. The current Return-on-Tangible-Equity is 13.56%, which is 21% above median its 10-year median of 11.24 and 202.7% above the Manufacturing - Apparel & Accessories industry median of 4.48. Vippy Spinpro's overall GF Score™ is 73/100 with 6 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 Vippy Spinpro (BOM:514302), the current Return-on-Tangible-Equity is 13.56% 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 Vippy Spinpro (BOM:514302) Overvalued in 2026?

Based on GuruFocus' analysis, Vippy Spinpro stock appears to be undervalued. The current stock price of ₹175.05 is trading 11% below its estimated GF Value™ of ₹196.74. GuruFocus considers Vippy Spinpro to be Modestly Undervalued.

Key valuation signals for BOM:514302:

  • Return-on-Tangible-Equity: 13.56% (21% above median its 10-year median of 11.24)
  • GF Value™: ₹196.74 vs. price of ₹175.05 (11% below fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 202.7% above the Manufacturing - Apparel & Accessories median (#241 of 1017)

No single metric tells the full story. See the BOM:514302 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vippy Spinpro Business Description

Address 570, M.G. Road, 414, City Centre, Indore, MP, IND, 452001
Vippy Spinpro Ltd is engaged in the manufacturing of cotton yarn. The company specializes in slub yarns, fancy yarns, multi-count yarns, and multi twist yarns, waxed yarn plied yarn, and others. Its products are used in applications such as terry towels, bottom-weight, home furnishing, Bed linen, knitting, surgical cloth, artistic canvas, industrial fabric, sheeting, and Home textiles. It is also engaged in the generation of power through Wind Mill and Solar Panels for captive consumption.
73GF Score

Get the complete analysis for BOM:514302

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

₹175.05
Price
₹196.74
GF Value