Shri Gang Industries and Allied Products (BOM:523309) Return-on-Tangible-Equity: 15.22% (As of Mar. 2026) — 75% Below Median

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BOM:523309 Shri Gang Industries and Allied Products Ltd BOM:523309
58 GF Score
Price ₹64.86
GF Value ₹115.51
Valuation Significantly Undervalued
View Full Analysis

What is Shri Gang Industries and Allied Products Return-on-Tangible-Equity?

Shri Gang Industries and Allied Products BOM:523309 -4.38% 58 Return-on-Tangible-Equity is 15.22% as of Mar. 2026, which is 75% below its 10-year median of 59.87. GuruFocus rates BOM:523309 with a GF Score™ of 58/100 and a GF Value™ of ₹115.51 (Significantly Undervalued). Among 202 Beverages - Alcoholic companies, Shri Gang Industries and Allied Products ranks better than 88.61% 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. Shri Gang Industries and Allied Products's annualized net income for the quarter that ended in Mar. 2026 was ₹78 Mil. Shri Gang Industries and Allied Products's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹516 Mil. Therefore, Shri Gang Industries and Allied Products's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 15.22%.

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

BOM:523309' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 59.87   Med: 59.87   Max: 74.01
Current: 74.01

During the past 13 years, Shri Gang Industries and Allied Products's highest Return-on-Tangible-Equity was 74.01%. The lowest was 59.87%. And the median was 59.87%.

BOM:523309's Return-on-Tangible-Equity is ranked better than
88.61% of 202 companies
in the Beverages - Alcoholic industry
Industry Median: 8.25 vs BOM:523309: 74.01

Shri Gang Industries and Allied Products  (BOM:523309) 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.


Shri Gang Industries and Allied Products Return-on-Tangible-Equity Related Terms


Shri Gang Industries and Allied Products Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Shri Gang Industries and Allied Products'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.

Shri Gang Industries and Allied Products Return-on-Tangible-Equity Chart

Shri Gang Industries and Allied Products 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 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity 59.87

Shri Gang Industries and Allied Products 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 -52.78 36.09 51.28 421.76 15.22

BOM:523309 vs BF.B: Return-on-Tangible-Equity Comparison

For the Beverages - Wineries & Distilleries subindustry, Shri Gang Industries and Allied Products'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.


Shri Gang Industries and Allied Products Return-on-Tangible-Equity vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Shri Gang Industries and Allied Products's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Shri Gang Industries and Allied Products's Return-on-Tangible-Equity falls into.


BOM:523309
58GF Score
Shri Gang Industries and Allied Products Ltd BOM:523309
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shri Gang Industries and Allied Products Return-on-Tangible-Equity Calculation

Shri Gang Industries and Allied Products'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 )
=186.062/( (106.076+515.514 )/ 2 )
=186.062/310.795
=59.87 %

Shri Gang Industries and Allied Products'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 )
=78.448/( (0+515.514)/ 1 )
=78.448/515.514
=15.22 %

* 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 15.22% mean?
Shri Gang Industries and Allied Products (BOM:523309) has a Return-on-Tangible-Equity of 15.22% 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 Shri Gang Industries and Allied Products and its competitors. This is 75% below median its historical median of 59.87. Over the past decade, Shri Gang Industries and Allied Products' Return-on-Tangible-Equity has ranged from 59.87 to 74.01. According to the industry distribution chart, Shri Gang Industries and Allied Products ranks #23 out of 202 companies in the Beverages - Alcoholic industry, placing it in the top 11.4%.
Is Shri Gang Industries and Allied Products' Return-on-Tangible-Equity too high?
Shri Gang Industries and Allied Products' current Return-on-Tangible-Equity of 15.22% is 75% below median its 10-year median of 59.87. Over the past 10 years, this metric has ranged from a low of 59.87 to a high of 74.01. The Beverages - Alcoholic industry median Return-on-Tangible-Equity is 8.25. Shri Gang Industries and Allied Products' value of 15.22% is 84.5% above this industry median. Based on the distribution chart, Shri Gang Industries and Allied Products ranks #23 out of 202 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Shri Gang Industries and Allied Products has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shri Gang Industries and Allied Products' Return-on-Tangible-Equity compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Shri Gang Industries and Allied Products ranks #23 out of 202 companies for Return-on-Tangible-Equity. This places Shri Gang Industries and Allied Products in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.25. Shri Gang Industries and Allied Products' value of 15.22% is 84.5% above this benchmark. Historically, Shri Gang Industries and Allied Products' own Return-on-Tangible-Equity has ranged from 59.87 to 74.01 over the past decade. While the company's 10-year median is 59.87 vs. the industry median of 8.25, Shri Gang Industries and Allied Products 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 Beverages - Alcoholic company?
The median Return-on-Tangible-Equity among Beverages - Alcoholic companies is 8.25, based on 202 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. Shri Gang Industries and Allied Products's current Return-on-Tangible-Equity of 15.22% is 84.5% 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 Shri Gang Industries and Allied Products and its competitors. For the Beverages - Alcoholic industry, the median Return-on-Tangible-Equity is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shri Gang Industries and Allied Products's current Return-on-Tangible-Equity is 15.22%, which is 75% below median its own 10-year median of 59.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Gang Industries and Allied Products stock overvalued right now?
Based on GuruFocus' analysis, Shri Gang Industries and Allied Products (BOM:523309) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹115.51, compared to a current price of ₹64.86 — trading 43.8% below its estimated fair value. The current Return-on-Tangible-Equity is 15.22%, which is 75% below median its 10-year median of 59.87 and 84.5% above the Beverages - Alcoholic industry median of 8.25. Shri Gang Industries and Allied Products' overall GF Score™ is 58/100. 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 Shri Gang Industries and Allied Products (BOM:523309), the current Return-on-Tangible-Equity is 15.22% 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 Shri Gang Industries and Allied Products (BOM:523309) Overvalued in 2026?

Based on GuruFocus' analysis, Shri Gang Industries and Allied Products stock appears to be undervalued. The current stock price of ₹64.86 is trading 43.8% below its estimated GF Value™ of ₹115.51. GuruFocus considers Shri Gang Industries and Allied Products to be Significantly Undervalued.

Key valuation signals for BOM:523309:

  • Return-on-Tangible-Equity: 15.22% (75% below median its 10-year median of 59.87)
  • GF Value™: ₹115.51 vs. price of ₹64.86 (43.8% below fair value)
  • GF Score™: 58/100
  • Industry Position: 84.5% above the Beverages - Alcoholic median (#23 of 202)

No single metric tells the full story. See the BOM:523309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shri Gang Industries and Allied Products Business Description

Address F-32/3, Okhla Industrial Area, Ground Floor, Phase- II, New Delhi, IND, 110020
Shri Gang Industries and Allied Products Ltd operates in the alcoholic beverages industry, manufacturing Extra Neutral Alcohol(ENA) and bottling Indian Made Foreign Liquor(IMFL). The company runs a distillery with substantial capacity for producing grain-based ENA used in various alcoholic beverages. Also, it manages a bottling unit that handles large-scale bottling operations. The company also has a history of producing vanaspati, refined oils, and bakery shortenings but has strategically shifted focus towards the liquor sector. It has two business segments- Edible Oil Operations and Liquor Operations. It generates revenue prominently from the manufacturing and sale of alcoholic beverages including bottled liquor products.
58GF Score

Get the complete analysis for BOM:523309

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

₹64.86
Price
₹115.51
GF Value