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Indus FinanceBOM:531841 +0.87%50 Return-on-Tangible-Equity is 25.47% as of Mar. 2026, which is 1502% above its 10-year median of 1.59. GuruFocus rates BOM:531841 with a GF Score™ of 50/100 and a GF Value™ of ₹58.74 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 527 Credit Services companies, Indus Finance ranks better than 55.6% 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. Indus Finance's annualized net income for the quarter that ended in Mar. 2026 was ₹58.52 Mil. Indus Finance's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹229.71 Mil. Therefore, Indus Finance's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 25.47%.
The historical rank and industry rank for Indus Finance's Return-on-Tangible-Equity or its related term are showing as below:
BOM:531841'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -19.29 Med: 1.59 Max: 8.74
Current: 8.74
During the past 13 years, Indus Finance's highest Return-on-Tangible-Equity was 8.74%. The lowest was -19.29%. And the median was 1.59%.
BOM:531841's Return-on-Tangible-Equity is ranked better than 55.6% of 527
companies
in the Credit Services industry
Industry Median: 7.05
vs BOM:531841: 8.74
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.
Indus Finance Return-on-Tangible-Equity Related Terms
Indus Finance Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Indus Finance'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:531841 vs V, MA, AXP: Return-on-Tangible-Equity Comparison
For the Credit Services subindustry, Indus Finance'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.
Indus Finance Return-on-Tangible-Equity vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Indus Finance's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Indus Finance'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 25.47% mean?
Indus Finance (BOM:531841) has a Return-on-Tangible-Equity of 25.47% 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 Indus Finance and its competitors. This is 1502% above median its historical median of 1.59. According to the industry distribution chart, Indus Finance ranks #234 out of 527 companies in the Credit Services industry, placing it in the top 44.4%.
Is Indus Finance's Return-on-Tangible-Equity too high?
Indus Finance's current Return-on-Tangible-Equity of 25.47% is 1502% above median its 10-year median of 1.59. The Credit Services industry median Return-on-Tangible-Equity is 7.05. Indus Finance's value of 25.47% is 261.3% above this industry median. Based on the distribution chart, Indus Finance ranks #234 out of 527 companies in the Credit Services industry, which is above the industry midpoint. Overall, Indus Finance has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indus Finance's Return-on-Tangible-Equity compare to V and MA?
According to the Credit Services industry distribution chart, Indus Finance ranks #234 out of 527 companies for Return-on-Tangible-Equity. This puts Indus Finance in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.05. Indus Finance's value of 25.47% is 261.3% above this benchmark. While the company's 10-year median is 1.59 vs. the industry median of 7.05, Indus Finance 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 Credit Services company?
The median Return-on-Tangible-Equity among Credit Services companies is 7.05, based on 527 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. Indus Finance's current Return-on-Tangible-Equity of 25.47% is 261.3% 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 Indus Finance and its competitors. For the Credit Services industry, the median Return-on-Tangible-Equity is 7.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indus Finance's current Return-on-Tangible-Equity is 25.47%, which is 1502% above median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indus Finance stock overvalued right now?
Based on GuruFocus' analysis, Indus Finance (BOM:531841) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹58.74, compared to a current price of ₹156.00 — trading 165.6% above its estimated fair value. The current Return-on-Tangible-Equity is 25.47%, which is 1502% above median its 10-year median of 1.59 and 261.3% above the Credit Services industry median of 7.05. Indus Finance's overall GF Score™ is 50/100 with 6 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 Indus Finance (BOM:531841), the current Return-on-Tangible-Equity is 25.47% 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 Indus Finance (BOM:531841) Overvalued in 2026?
Based on GuruFocus' analysis, Indus Finance stock appears to be overvalued.
The current stock price of ₹156.00 is trading 165.6% above its estimated GF Value™ of ₹58.74.
GuruFocus considers Indus Finance to be Significantly Overvalued.
Key valuation signals for BOM:531841:
Return-on-Tangible-Equity: 25.47% (1502% above median its 10-year median of 1.59)
GF Value™: ₹58.74 vs. price of ₹156.00 (165.6% above fair value)
Industry Position: 261.3% above the Credit Services median (#234 of 527)
No single metric tells the full story. See the BOM:531841 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indus Finance Ltd is an Indian non-banking finance company (NBFC). The firm is engaged in secured lending, project financing, and company strategic investments. It is focused on sectors such as Wind and Solar, Infrastructure and property development, Agriculture and food processing, Loan against shares, Mortgage Loans on Properties, and Individual loans.
50GF Score
Get the complete analysis for BOM:531841
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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