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Vishal FabricsBOM:538598 -0.88%69 Return-on-Tangible-Equity is 4.64% as of Mar. 2026, which is 39% below its 10-year median of 7.64. GuruFocus rates BOM:538598 with a GF Score™ of 69/100 and a GF Value™ of ₹22.59 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,018 Manufacturing - Apparel & Accessories companies, Vishal Fabrics ranks better than 56.19% 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. Vishal Fabrics's annualized net income for the quarter that ended in Mar. 2026 was ₹300 Mil. Vishal Fabrics's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹6,467 Mil. Therefore, Vishal Fabrics's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.64%.
The historical rank and industry rank for Vishal Fabrics's Return-on-Tangible-Equity or its related term are showing as below:
BOM:538598'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.27 Med: 7.64 Max: 23.04
Current: 5.89
During the past 13 years, Vishal Fabrics's highest Return-on-Tangible-Equity was 23.04%. The lowest was 5.27%. And the median was 7.64%.
BOM:538598's Return-on-Tangible-Equity is ranked better than 56.19% of 1018
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.415
vs BOM:538598: 5.89
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.
Vishal Fabrics Return-on-Tangible-Equity Related Terms
Vishal Fabrics Return-on-Tangible-Equity Historical Data
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The historical data trend for Vishal Fabrics'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, Vishal Fabrics'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.
Vishal Fabrics Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vishal Fabrics's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Vishal Fabrics'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 4.64% mean?
Vishal Fabrics (BOM:538598) has a Return-on-Tangible-Equity of 4.64% 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 Vishal Fabrics and its competitors. This is 39% below median its historical median of 7.64. Over the past decade, Vishal Fabrics' Return-on-Tangible-Equity has ranged from 5.27 to 23.04. According to the industry distribution chart, Vishal Fabrics ranks #446 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 43.8%.
Is Vishal Fabrics' Return-on-Tangible-Equity too high?
Vishal Fabrics' current Return-on-Tangible-Equity of 4.64% is 39% below median its 10-year median of 7.64. Over the past 10 years, this metric has ranged from a low of 5.27 to a high of 23.04. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.42. Vishal Fabrics' value of 4.64% is 5.1% above this industry median. Based on the distribution chart, Vishal Fabrics ranks #446 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Vishal Fabrics has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vishal Fabrics' Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Vishal Fabrics ranks #446 out of 1018 companies for Return-on-Tangible-Equity. This puts Vishal Fabrics in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.42. Vishal Fabrics' value of 4.64% is 5.1% above this benchmark. Historically, Vishal Fabrics' own Return-on-Tangible-Equity has ranged from 5.27 to 23.04 over the past decade. While the company's 10-year median is 7.64 vs. the industry median of 4.42, Vishal Fabrics 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 4.42, based on 1,018 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. Vishal Fabrics's current Return-on-Tangible-Equity of 4.64% is 5.1% 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 Vishal Fabrics and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vishal Fabrics's current Return-on-Tangible-Equity is 4.64%, which is 39% below median its own 10-year median of 7.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vishal Fabrics stock overvalued right now?
Based on GuruFocus' analysis, Vishal Fabrics (BOM:538598) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹22.59, compared to a current price of ₹17.97 — trading 20.5% below its estimated fair value. The current Return-on-Tangible-Equity is 4.64%, which is 39% below median its 10-year median of 7.64 and 5.1% above the Manufacturing - Apparel & Accessories industry median of 4.42. Vishal Fabrics' overall GF Score™ is 69/100 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 Vishal Fabrics (BOM:538598), the current Return-on-Tangible-Equity is 4.64% 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 Vishal Fabrics (BOM:538598) Overvalued in 2026?
Based on GuruFocus' analysis, Vishal Fabrics stock appears to be undervalued.
The current stock price of ₹17.97 is trading 20.5% below its estimated GF Value™ of ₹22.59.
GuruFocus considers Vishal Fabrics to be Modestly Undervalued.
Key valuation signals for BOM:538598:
Return-on-Tangible-Equity: 4.64% (39% below median its 10-year median of 7.64)
GF Value™: ₹22.59 vs. price of ₹17.97 (20.5% below fair value)
Industry Position: 5.1% above the Manufacturing - Apparel & Accessories median (#446 of 1018)
No single metric tells the full story. See the BOM:538598 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vishal Fabrics Ltd is an Indian company engaged in the business of manufacturing and sale of textile. Its activities include dying, printing, and processing of fabrics of its own and also on job work basis. The company mainly procures grey fabric and dyes, and prints. The company sells Manufactured goods; which includes fabric sales, grey fabric sales, and yarn sales and Trading goods; which include chips sales. It also offers services which include Job work sales. The group operates its business mainly in India.
69GF Score
Get the complete analysis for BOM:538598
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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