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Hind Aluminium IndustriesBOM:531979 +0.05%40 Return-on-Tangible-Equity is 4.59% as of Mar. 2026, which is 33% below its 10-year median of 6.84. GuruFocus rates BOM:531979 with a GF Score™ of 40/100 and a GF Value™ of ₹329.78 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,381 Metals & Mining companies, Hind Aluminium Industries ranks better than 78.37% 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. Hind Aluminium Industries's annualized net income for the quarter that ended in Mar. 2026 was ₹41.60 Mil. Hind Aluminium Industries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹905.93 Mil. Therefore, Hind Aluminium Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.59%.
The historical rank and industry rank for Hind Aluminium Industries's Return-on-Tangible-Equity or its related term are showing as below:
BOM:531979'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -22.19 Med: 6.84 Max: 22.44
Current: 6.48
During the past 13 years, Hind Aluminium Industries's highest Return-on-Tangible-Equity was 22.44%. The lowest was -22.19%. And the median was 6.84%.
BOM:531979's Return-on-Tangible-Equity is ranked better than 78.37% of 2381
companies
in the Metals & Mining industry
Industry Median: -16.41
vs BOM:531979: 6.48
Hind Aluminium Industries (BOM:531979) 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.
Hind Aluminium Industries Return-on-Tangible-Equity Related Terms
Hind Aluminium Industries Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Hind Aluminium 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.
Hind Aluminium Industries Return-on-Tangible-Equity Chart
BOM:531979 vs AA: Return-on-Tangible-Equity Comparison
For the Aluminum subindustry, Hind Aluminium 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.
Hind Aluminium Industries Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Hind Aluminium Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hind Aluminium Industries'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 4.59% mean?
Hind Aluminium Industries (BOM:531979) has a Return-on-Tangible-Equity of 4.59% 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 Hind Aluminium Industries and its competitors. This is 33% below median its historical median of 6.84. According to the industry distribution chart, Hind Aluminium Industries ranks #515 out of 2381 companies in the Metals & Mining industry, placing it in the top 21.6%.
Is Hind Aluminium Industries' Return-on-Tangible-Equity too high?
Hind Aluminium Industries' current Return-on-Tangible-Equity of 4.59% is 33% below median its 10-year median of 6.84. Based on the distribution chart, Hind Aluminium Industries ranks #515 out of 2381 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Hind Aluminium Industries has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hind Aluminium Industries' Return-on-Tangible-Equity compare to AA?
According to the Metals & Mining industry distribution chart, Hind Aluminium Industries ranks #515 out of 2381 companies for Return-on-Tangible-Equity. This places Hind Aluminium Industries in the top 22% of its industry — outperforming the majority of peers. 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 Metals & Mining company?
A good Return-on-Tangible-Equity depends on the Metals & Mining industry context. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Hind Aluminium Industries and its competitors. Hind Aluminium Industries's current Return-on-Tangible-Equity is 4.59%, which is 33% below median its own 10-year median of 6.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hind Aluminium Industries stock overvalued right now?
Based on GuruFocus' analysis, Hind Aluminium Industries (BOM:531979) is currently considered Possible Value Trap. The stock's GF Value™ is ₹329.78, compared to a current price of ₹96.55 — trading 70.7% below its estimated fair value. The current Return-on-Tangible-Equity is 4.59%, which is 33% below median its 10-year median of 6.84. Hind Aluminium Industries' overall GF Score™ is 40/100 with 3 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 Hind Aluminium Industries (BOM:531979), the current Return-on-Tangible-Equity is 4.59% 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 Hind Aluminium Industries (BOM:531979) Overvalued in 2026?
Based on GuruFocus' analysis, Hind Aluminium Industries stock appears to be undervalued.
The current stock price of ₹96.55 is trading 70.7% below its estimated GF Value™ of ₹329.78.
GuruFocus considers Hind Aluminium Industries to be Possible Value Trap.
Key valuation signals for BOM:531979:
Return-on-Tangible-Equity: 4.59% (33% below median its 10-year median of 6.84)
GF Value™: ₹329.78 vs. price of ₹96.55 (70.7% below fair value)
No single metric tells the full story. See the BOM:531979 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hind Aluminium Industries Ltd is the manufacturer of aluminium electrical conductor wire rods and aluminium conductors. Principally, it is engaged in product up-gradation, design, and new product development. The company's segment includes Aluminium products and Power. It also comprises of two businesses namely aluminium and wind and solar power generation. The company manufactures aluminum wire rods, alloy rods, all aluminum conductors, all aluminum alloy conductors, aluminum conductor alloy reinforced, aluminum conductor steel reinforced, aluminum alloy conductor steel reinforced. It has over two wind turbine generators and four solar power plants in India.
40GF Score
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