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.
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.
Neelkanth Rock MineralsBOM:531049 +1.99%30 Return-on-Tangible-Equity is 11.51% as of Mar. 2026, which is 339% above its 10-year median of 2.62. GuruFocus rates BOM:531049 with a GF Score™ of 30/100. The stock has 2 warning signs investors should review. Among 397 Building Materials companies, Neelkanth Rock Minerals ranks worse than 61.71% 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. Neelkanth Rock Minerals's annualized net income for the quarter that ended in Mar. 2026 was ₹9.52 Mil. Neelkanth Rock Minerals's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹82.77 Mil. Therefore, Neelkanth Rock Minerals's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 11.51%.
The historical rank and industry rank for Neelkanth Rock Minerals's Return-on-Tangible-Equity or its related term are showing as below:
BOM:531049'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.45 Med: 2.62 Max: 23.97
Current: 2.8
During the past 13 years, Neelkanth Rock Minerals's highest Return-on-Tangible-Equity was 23.97%. The lowest was -1.45%. And the median was 2.62%.
BOM:531049's Return-on-Tangible-Equity is ranked worse than 61.71% of 397
companies
in the Building Materials industry
Industry Median: 5.06
vs BOM:531049: 2.80
Neelkanth Rock Minerals (BOM:531049) 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.
Neelkanth Rock Minerals Return-on-Tangible-Equity Related Terms
Neelkanth Rock Minerals Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Neelkanth Rock Minerals'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.
Neelkanth Rock Minerals Return-on-Tangible-Equity Chart
BOM:531049 vs CRH, VMC, MLM: Return-on-Tangible-Equity Comparison
For the Building Materials subindustry, Neelkanth Rock Minerals'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.
Neelkanth Rock Minerals Return-on-Tangible-Equity vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Neelkanth Rock Minerals's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Neelkanth Rock Minerals'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 11.51% mean?
Neelkanth Rock Minerals (BOM:531049) has a Return-on-Tangible-Equity of 11.51% 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 Neelkanth Rock Minerals and its competitors. This is 339% above median its historical median of 2.62. According to the industry distribution chart, Neelkanth Rock Minerals ranks #245 out of 397 companies in the Building Materials industry, placing it in the top 61.7%.
Is Neelkanth Rock Minerals' Return-on-Tangible-Equity too high?
Neelkanth Rock Minerals' current Return-on-Tangible-Equity of 11.51% is 339% above median its 10-year median of 2.62. The Building Materials industry median Return-on-Tangible-Equity is 5.06. Neelkanth Rock Minerals' value of 11.51% is 127.5% above this industry median. Based on the distribution chart, Neelkanth Rock Minerals ranks #245 out of 397 companies in the Building Materials industry, which is below the industry midpoint. Overall, Neelkanth Rock Minerals has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Neelkanth Rock Minerals' Return-on-Tangible-Equity compare to CRH and VMC?
According to the Building Materials industry distribution chart, Neelkanth Rock Minerals ranks #245 out of 397 companies for Return-on-Tangible-Equity. This places Neelkanth Rock Minerals in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.06. Neelkanth Rock Minerals' value of 11.51% is 127.5% above this benchmark. While the company's 10-year median is 2.62 vs. the industry median of 5.06, Neelkanth Rock Minerals 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 Building Materials company?
The median Return-on-Tangible-Equity among Building Materials companies is 5.06, based on 397 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. Neelkanth Rock Minerals's current Return-on-Tangible-Equity of 11.51% is 127.5% 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 Neelkanth Rock Minerals and its competitors. For the Building Materials industry, the median Return-on-Tangible-Equity is 5.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neelkanth Rock Minerals's current Return-on-Tangible-Equity is 11.51%, which is 339% above median its own 10-year median of 2.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neelkanth Rock Minerals stock overvalued right now?
Neelkanth Rock Minerals (BOM:531049) has a current Return-on-Tangible-Equity of 11.51%. The current Return-on-Tangible-Equity is 11.51%, which is 339% above median its 10-year median of 2.62 and 127.5% above the Building Materials industry median of 5.06. Neelkanth Rock Minerals' overall GF Score™ is 30/100 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 Neelkanth Rock Minerals (BOM:531049), the current Return-on-Tangible-Equity is 11.51% 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.
Neelkanth Rock Minerals Ltd is a granite quarrying unit. The company is engaged in the manufacturing and selling of granite slabs, tiles and mineral products. The company operates only in India.
30GF Score
Get the complete analysis for BOM:531049
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:531049 has been successfully added to your 
