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Rungta IrrigationBOM:530449 -0.26%75 Return-on-Tangible-Equity is 9.58% as of Mar. 2026, which is 161% above its 10-year median of 3.67. GuruFocus rates BOM:530449 with a GF Score™ of 75/100 and a GF Value™ of ₹60.07 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 200 Farm & Heavy Construction Machinery companies, Rungta Irrigation ranks worse than 63% 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. Rungta Irrigation's annualized net income for the quarter that ended in Mar. 2026 was ₹93 Mil. Rungta Irrigation's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹975 Mil. Therefore, Rungta Irrigation's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.58%.
The historical rank and industry rank for Rungta Irrigation's Return-on-Tangible-Equity or its related term are showing as below:
BOM:530449'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.86 Med: 3.67 Max: 6.94
Current: 5.75
During the past 13 years, Rungta Irrigation's highest Return-on-Tangible-Equity was 6.94%. The lowest was 0.86%. And the median was 3.67%.
BOM:530449's Return-on-Tangible-Equity is ranked worse than 63% of 200
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 9.14
vs BOM:530449: 5.75
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.
Rungta Irrigation Return-on-Tangible-Equity Related Terms
Rungta Irrigation Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Rungta Irrigation'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.
BOM:530449 vs CAT, DE, PCAR: Return-on-Tangible-Equity Comparison
For the Farm & Heavy Construction Machinery subindustry, Rungta Irrigation'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.
Rungta Irrigation Return-on-Tangible-Equity vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Rungta Irrigation's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Rungta Irrigation's Return-on-Tangible-Equity falls into.
* 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 9.58% mean?
Rungta Irrigation (BOM:530449) has a Return-on-Tangible-Equity of 9.58% 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 Rungta Irrigation and its competitors. This is 161% above median its historical median of 3.67. Over the past decade, Rungta Irrigation's Return-on-Tangible-Equity has ranged from 0.86 to 6.94. According to the industry distribution chart, Rungta Irrigation ranks #126 out of 200 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 63%.
Is Rungta Irrigation's Return-on-Tangible-Equity too high?
Rungta Irrigation's current Return-on-Tangible-Equity of 9.58% is 161% above median its 10-year median of 3.67. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 6.94. The Farm & Heavy Construction Machinery industry median Return-on-Tangible-Equity is 9.14. Rungta Irrigation's value of 9.58% is 4.8% above this industry median. Based on the distribution chart, Rungta Irrigation ranks #126 out of 200 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Rungta Irrigation has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rungta Irrigation's Return-on-Tangible-Equity compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Rungta Irrigation ranks #126 out of 200 companies for Return-on-Tangible-Equity. This places Rungta Irrigation in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.14. Rungta Irrigation's value of 9.58% is 4.8% above this benchmark. Historically, Rungta Irrigation's own Return-on-Tangible-Equity has ranged from 0.86 to 6.94 over the past decade. While the company's 10-year median is 3.67 vs. the industry median of 9.14, Rungta Irrigation 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 Farm & Heavy Construction Machinery company?
The median Return-on-Tangible-Equity among Farm & Heavy Construction Machinery companies is 9.14, based on 200 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. Rungta Irrigation's current Return-on-Tangible-Equity of 9.58% is 4.8% 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 Rungta Irrigation and its competitors. For the Farm & Heavy Construction Machinery industry, the median Return-on-Tangible-Equity is 9.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rungta Irrigation's current Return-on-Tangible-Equity is 9.58%, which is 161% above median its own 10-year median of 3.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rungta Irrigation stock overvalued right now?
Based on GuruFocus' analysis, Rungta Irrigation (BOM:530449) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹60.07, compared to a current price of ₹49.74 — trading 17.2% below its estimated fair value. The current Return-on-Tangible-Equity is 9.58%, which is 161% above median its 10-year median of 3.67 and 4.8% above the Farm & Heavy Construction Machinery industry median of 9.14. Rungta Irrigation's overall GF Score™ is 75/100 with 5 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 Rungta Irrigation (BOM:530449), the current Return-on-Tangible-Equity is 9.58% 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 Rungta Irrigation (BOM:530449) Overvalued in 2026?
Based on GuruFocus' analysis, Rungta Irrigation stock appears to be undervalued.
The current stock price of ₹49.74 is trading 17.2% below its estimated GF Value™ of ₹60.07.
GuruFocus considers Rungta Irrigation to be Modestly Undervalued.
Key valuation signals for BOM:530449:
Return-on-Tangible-Equity: 9.58% (161% above median its 10-year median of 3.67)
GF Value™: ₹60.07 vs. price of ₹49.74 (17.2% below fair value)
Industry Position: 4.8% above the Farm & Heavy Construction Machinery median (#126 of 200)
No single metric tells the full story. See the BOM:530449 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rungta Irrigation Ltd is majorly engaged in the activity of manufacturing, designing, assembling, and marketing Sprinkler Irrigation systems. The company has two production units at Ghaziabad and Yanam. Its product portfolio includes the HDPE sprinkler irrigation system, Rungta drip irrigation system, HDPE piping systems, Elastomeric u PVC pipes, Blue casing pipes for bore wells, Electrical conduits pipes, Rigid PVC pipes, and Mini sprinkler irrigation systems, among others. Geographically, the company generates maximum revenue from its business in India, and also has some exposure to markets outside India.
75GF Score
Get the complete analysis for BOM:530449
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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