Axtel Industries (BOM:523850) Return-on-Tangible-Equity: 6.31% (As of Jun. 2026) — 69% Below Median

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:523850 Axtel Industries Ltd BOM:523850
77 GF Score
Price ₹407.95
GF Value ₹614.98
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

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

Axtel Industries BOM:523850 +0.98% 77 Return-on-Tangible-Equity is 6.31% as of Jun. 2026, which is 69% below its 10-year median of 20.54. GuruFocus rates BOM:523850 with a GF Score™ of 77/100 and a GF Value™ of ₹614.98 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,982 Industrial Products companies, Axtel Industries ranks better than 88.2% 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. Axtel Industries's annualized net income for the quarter that ended in Jun. 2026 was ₹78 Mil. Axtel Industries's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ₹1,242 Mil. Therefore, Axtel Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 6.31%.

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

BOM:523850' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 14.95   Med: 20.54   Max: 34.11
Current: 25.27

During the past 13 years, Axtel Industries's highest Return-on-Tangible-Equity was 34.11%. The lowest was 14.95%. And the median was 20.54%.

BOM:523850's Return-on-Tangible-Equity is ranked better than
88.2% of 2982 companies
in the Industrial Products industry
Industry Median: 7.055 vs BOM:523850: 25.27

Axtel Industries  (BOM:523850) 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.


Axtel Industries Return-on-Tangible-Equity Related Terms


Axtel Industries Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Axtel 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.

Axtel Industries Return-on-Tangible-Equity Chart

Axtel 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 18.38 19.69 30.87 15.36 25.30

Axtel Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 6.21 32.56 25.66 35.96 6.31

BOM:523850 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison

For the Specialty Industrial Machinery subindustry, Axtel 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.


Axtel Industries Return-on-Tangible-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Axtel Industries's Return-on-Tangible-Equity distribution charts can be found below:

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


BOM:523850
77GF Score
Axtel Industries Ltd BOM:523850
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axtel Industries Return-on-Tangible-Equity Calculation

Axtel 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 )
=311.595/( (1221.994+1241.678 )/ 2 )
=311.595/1231.836
=25.30 %

Axtel Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=78.296/( (1241.678+0)/ 1 )
=78.296/1241.678
=6.31 %

* 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 (Jun. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 6.31% mean?
Axtel Industries (BOM:523850) has a Return-on-Tangible-Equity of 6.31% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Axtel Industries and its competitors. This is 69% below median its historical median of 20.54. Over the past decade, Axtel Industries' Return-on-Tangible-Equity has ranged from 14.95 to 34.11. According to the industry distribution chart, Axtel Industries ranks #352 out of 2982 companies in the Industrial Products industry, placing it in the top 11.8%.
Is Axtel Industries' Return-on-Tangible-Equity too high?
Axtel Industries' current Return-on-Tangible-Equity of 6.31% is 69% below median its 10-year median of 20.54. Over the past 10 years, this metric has ranged from a low of 14.95 to a high of 34.11. The Industrial Products industry median Return-on-Tangible-Equity is 7.06. Axtel Industries' value of 6.31% is 10.6% below this industry median. Based on the distribution chart, Axtel Industries ranks #352 out of 2982 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Axtel Industries has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Axtel Industries' Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Axtel Industries ranks #352 out of 2982 companies for Return-on-Tangible-Equity. This places Axtel Industries in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.06. Axtel Industries' value of 6.31% is 10.6% below this benchmark. Historically, Axtel Industries' own Return-on-Tangible-Equity has ranged from 14.95 to 34.11 over the past decade. While the company's 10-year median is 20.54 vs. the industry median of 7.06, Axtel Industries has consistently been below 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 7.06, based on 2,982 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. Axtel Industries's current Return-on-Tangible-Equity of 6.31% is 10.6% below 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 Axtel Industries and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 7.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axtel Industries's current Return-on-Tangible-Equity is 6.31%, which is 69% below median its own 10-year median of 20.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axtel Industries stock overvalued right now?
Based on GuruFocus' analysis, Axtel Industries (BOM:523850) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹614.98, compared to a current price of ₹407.95 — trading 33.7% below its estimated fair value. The current Return-on-Tangible-Equity is 6.31%, which is 69% below median its 10-year median of 20.54 and 10.6% below the Industrial Products industry median of 7.06. Axtel Industries' overall GF Score™ is 77/100 with 2 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 Axtel Industries (BOM:523850), the current Return-on-Tangible-Equity is 6.31% as of Jun. 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 Axtel Industries (BOM:523850) Overvalued in 2026?

Based on GuruFocus' analysis, Axtel Industries stock appears to be undervalued. The current stock price of ₹407.95 is trading 33.7% below its estimated GF Value™ of ₹614.98. GuruFocus considers Axtel Industries to be Significantly Undervalued.

Key valuation signals for BOM:523850:

  • Return-on-Tangible-Equity: 6.31% (69% below median its 10-year median of 20.54)
  • GF Value™: ₹614.98 vs. price of ₹407.95 (33.7% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 10.6% below the Industrial Products median (#352 of 2982)

No single metric tells the full story. See the BOM:523850 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Axtel Industries Business Description

Other Exchanges AXTEL:India
Address Vadodara-Halol Highway, Baska, Plot No. 43/1, Village Nurpura, District Panchmahal, Halol, GJ, IND, 389350
Axtel Industries Ltd is engaged in the business of manufacturing process engineering equipment for food processing Industries. The company offers various food processing systems, such as size reduction systems, mixing systems, spice processing systems, and steam sterilization systems, etc. In addition, it also offers a wide range of process equipment such as belt conveyors, bulk loaders, storage tanks, hammer mills, and other equipment for mixing and blending, storage, solids handling, and other applications. The company has only one segment of manufacturing food processing instruments and equipments. Geographically, it derives maximum revenue from its business within India, and also has some exposure to other markets.
77GF Score

Get the complete analysis for BOM:523850

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

₹407.95
Price
₹614.98
GF Value