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Shekhawati IndustriesBOM:533301 -0.16%46 Return-on-Tangible-Equity is 84.28% as of Mar. 2026, which is 51% above its 10-year median of 55.74. GuruFocus rates BOM:533301 with a GF Score™ of 46/100 and a GF Value™ of ₹3.49 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,019 Manufacturing - Apparel & Accessories companies, Shekhawati Industries ranks better than 95% 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. Shekhawati Industries's annualized net income for the quarter that ended in Mar. 2026 was ₹185.3 Mil. Shekhawati Industries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹219.9 Mil. Therefore, Shekhawati Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 84.28%.
The historical rank and industry rank for Shekhawati Industries's Return-on-Tangible-Equity or its related term are showing as below:
BOM:533301'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 49.8 Med: 55.74 Max: 61.41
Current: 49.8
During the past 13 years, Shekhawati Industries's highest Return-on-Tangible-Equity was 61.41%. The lowest was 49.80%. And the median was 55.74%.
BOM:533301's Return-on-Tangible-Equity is ranked better than 95% of 1019
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.41
vs BOM:533301: 49.80
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.
Shekhawati Industries Return-on-Tangible-Equity Related Terms
Shekhawati Industries Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Shekhawati 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.
For the Textile Manufacturing subindustry, Shekhawati 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.
Shekhawati Industries Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shekhawati Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shekhawati 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 84.28% mean?
Shekhawati Industries (BOM:533301) has a Return-on-Tangible-Equity of 84.28% 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 Shekhawati Industries and its competitors. This is 51% above median its historical median of 55.74. Over the past decade, Shekhawati Industries' Return-on-Tangible-Equity has ranged from 49.80 to 61.41. According to the industry distribution chart, Shekhawati Industries ranks #51 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 5%.
Is Shekhawati Industries' Return-on-Tangible-Equity too high?
Shekhawati Industries' current Return-on-Tangible-Equity of 84.28% is 51% above median its 10-year median of 55.74. Over the past 10 years, this metric has ranged from a low of 49.80 to a high of 61.41. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.41. Shekhawati Industries' value of 84.28% is 1811.1% above this industry median. Based on the distribution chart, Shekhawati Industries ranks #51 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Shekhawati Industries has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shekhawati Industries' Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shekhawati Industries ranks #51 out of 1019 companies for Return-on-Tangible-Equity. This places Shekhawati Industries in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.41. Shekhawati Industries' value of 84.28% is 1811.1% above this benchmark. Historically, Shekhawati Industries' own Return-on-Tangible-Equity has ranged from 49.80 to 61.41 over the past decade. While the company's 10-year median is 55.74 vs. the industry median of 4.41, Shekhawati Industries 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.41, based on 1,019 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. Shekhawati Industries's current Return-on-Tangible-Equity of 84.28% is 1811.1% 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 Shekhawati Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shekhawati Industries's current Return-on-Tangible-Equity is 84.28%, which is 51% above median its own 10-year median of 55.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shekhawati Industries stock overvalued right now?
Based on GuruFocus' analysis, Shekhawati Industries (BOM:533301) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3.49, compared to a current price of ₹12.66 — trading 262.8% above its estimated fair value. The current Return-on-Tangible-Equity is 84.28%, which is 51% above median its 10-year median of 55.74 and 1811.1% above the Manufacturing - Apparel & Accessories industry median of 4.41. Shekhawati Industries' overall GF Score™ is 46/100 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 Shekhawati Industries (BOM:533301), the current Return-on-Tangible-Equity is 84.28% 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 Shekhawati Industries (BOM:533301) Overvalued in 2026?
Based on GuruFocus' analysis, Shekhawati Industries stock appears to be overvalued.
The current stock price of ₹12.66 is trading 262.8% above its estimated GF Value™ of ₹3.49.
GuruFocus considers Shekhawati Industries to be Significantly Overvalued.
Key valuation signals for BOM:533301:
Return-on-Tangible-Equity: 84.28% (51% above median its 10-year median of 55.74)
GF Value™: ₹3.49 vs. price of ₹12.66 (262.8% above fair value)
Industry Position: 1811.1% above the Manufacturing - Apparel & Accessories median (#51 of 1019)
No single metric tells the full story. See the BOM:533301 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shekhawati Industries Ltd is engaged in the business of manufacturing of texturizing yarn, twisting yarn, and knitted fabrics. The Company's reportable segments of the company are Textile operations, and Real estate operations. The company derives maximum revenue from Textile Operations.
46GF Score
Get the complete analysis for BOM:533301
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