Duroply Industries (BOM:516003) Return-on-Tangible-Equity: -6.66% (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:516003 Duroply Industries Ltd BOM:516003
53 GF Score
Price ₹103.80
GF Value ₹198.03
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Duroply Industries Return-on-Tangible-Equity?

Duroply Industries BOM:516003 -0.19% 53 Return-on-Tangible-Equity is -6.66% as of Mar. 2026. GuruFocus rates BOM:516003 with a GF Score™ of 53/100 and a GF Value™ of ₹198.03 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 279 Forest Products companies, Duroply Industries ranks worse than 52.69% 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. Duroply Industries's annualized net income for the quarter that ended in Mar. 2026 was ₹-98 Mil. Duroply Industries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,473 Mil. Therefore, Duroply Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -6.66%.

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

BOM:516003' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.47   Med: -1.25   Max: 6.91
Current: 2.08

During the past 13 years, Duroply Industries's highest Return-on-Tangible-Equity was 6.91%. The lowest was -9.47%. And the median was -1.25%.

BOM:516003's Return-on-Tangible-Equity is ranked worse than
52.69% of 279 companies
in the Forest Products industry
Industry Median: 2.21 vs BOM:516003: 2.08

Duroply Industries  (BOM:516003) 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.


Duroply Industries Return-on-Tangible-Equity Related Terms


Duroply Industries Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Duroply 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.

Duroply Industries Return-on-Tangible-Equity Chart

Duroply 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 -9.47 6.91 0.94 6.07 2.12

Duroply 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 8.41 4.76 6.58 3.91 -6.66

BOM:516003 vs SSD, UFPI, BCC: Return-on-Tangible-Equity Comparison

For the Lumber & Wood Production subindustry, Duroply 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.


Duroply Industries Return-on-Tangible-Equity vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Duroply Industries's Return-on-Tangible-Equity distribution charts can be found below:

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


BOM:516003
53GF Score
Duroply Industries Ltd BOM:516003
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Duroply Industries Return-on-Tangible-Equity Calculation

Duroply 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 )
=29.374/( (1301.233+1472.619 )/ 2 )
=29.374/1386.926
=2.12 %

Duroply 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 )
=-98.076/( (0+1472.619)/ 1 )
=-98.076/1472.619
=-6.66 %

* 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 -6.66% mean?
Duroply Industries (BOM:516003) has a Return-on-Tangible-Equity of -6.66% 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 Duroply Industries and its competitors. According to the industry distribution chart, Duroply Industries ranks #147 out of 279 companies in the Forest Products industry, placing it in the top 52.7%.
Is Duroply Industries' Return-on-Tangible-Equity too high?
Duroply Industries' current Return-on-Tangible-Equity is -6.66%. Based on the distribution chart, Duroply Industries ranks #147 out of 279 companies in the Forest Products industry, which is below the industry midpoint. Overall, Duroply Industries has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Duroply Industries' Return-on-Tangible-Equity compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Duroply Industries ranks #147 out of 279 companies for Return-on-Tangible-Equity. This places Duroply Industries in the lower half of its industry. The industry median Return-on-Tangible-Equity is 2.21. 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 Forest Products company?
The median Return-on-Tangible-Equity among Forest Products companies is 2.21, based on 279 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 Duroply Industries and its competitors. For the Forest Products industry, the median Return-on-Tangible-Equity is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Duroply Industries's current Return-on-Tangible-Equity is -6.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Duroply Industries stock overvalued right now?
Based on GuruFocus' analysis, Duroply Industries (BOM:516003) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹198.03, compared to a current price of ₹103.80 — trading 47.6% below its estimated fair value. The current Return-on-Tangible-Equity is -6.66%. Duroply Industries' overall GF Score™ is 53/100 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 Duroply Industries (BOM:516003), the current Return-on-Tangible-Equity is -6.66% 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 Duroply Industries (BOM:516003) Overvalued in 2026?

Based on GuruFocus' analysis, Duroply Industries stock appears to be undervalued. The current stock price of ₹103.80 is trading 47.6% below its estimated GF Value™ of ₹198.03. GuruFocus considers Duroply Industries to be Significantly Undervalued.

Key valuation signals for BOM:516003:

  • Return-on-Tangible-Equity: -6.66%
  • GF Value™: ₹198.03 vs. price of ₹103.80 (47.6% below fair value)
  • GF Score™: 53/100 with 4 warning signs

No single metric tells the full story. See the BOM:516003 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Duroply Industries Business Description

Address No. 113, Park Street, 4th Floor, North Block, Kolkata, WB, IND, 700 016
Duroply Industries Ltd is engaged in the business of manufacturing plywood. The company's product categories include Plywood, Duro Blockboard, Flush doors, and Decorative Veneers.
53GF Score

Get the complete analysis for BOM:516003

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

₹103.80
Price
₹198.03
GF Value