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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. Aanchal Ispat's annualized net income for the quarter that ended in Mar. 2026 was ₹47.7 Mil. Aanchal Ispat's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹81.9 Mil. Therefore, Aanchal Ispat's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 58.22%.
The historical rank and industry rank for Aanchal Ispat's Return-on-Tangible-Equity or its related term are showing as below:
BOM:538812'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -131.7 Med: -9.86 Max: 34.59
Current: 33.52
During the past 13 years, Aanchal Ispat's highest Return-on-Tangible-Equity was 34.59%. The lowest was -131.70%. And the median was -9.86%.
BOM:538812's Return-on-Tangible-Equity is ranked better than 95.61% of 615
companies
in the Steel industry
Industry Median: 4.23
vs BOM:538812: 33.52
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.
Aanchal Ispat Return-on-Tangible-Equity Related Terms
Aanchal Ispat Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Aanchal Ispat'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:538812 vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, Aanchal Ispat'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.
Aanchal Ispat Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Aanchal Ispat's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Aanchal Ispat'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 58.22% mean?
Aanchal Ispat (BOM:538812) has a Return-on-Tangible-Equity of 58.22% 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 Aanchal Ispat and its competitors. According to the industry distribution chart, Aanchal Ispat ranks #27 out of 615 companies in the Steel industry, placing it in the top 4.4%.
Is Aanchal Ispat's Return-on-Tangible-Equity too high?
Aanchal Ispat's current Return-on-Tangible-Equity is 58.22%. The Steel industry median Return-on-Tangible-Equity is 4.23. Aanchal Ispat's value of 58.22% is 1276.4% above this industry median. Based on the distribution chart, Aanchal Ispat ranks #27 out of 615 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Aanchal Ispat has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aanchal Ispat's Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Aanchal Ispat ranks #27 out of 615 companies for Return-on-Tangible-Equity. This places Aanchal Ispat in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.23. Aanchal Ispat's value of 58.22% is 1276.4% above this benchmark. 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 Steel company?
The median Return-on-Tangible-Equity among Steel companies is 4.23, based on 615 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. Aanchal Ispat's current Return-on-Tangible-Equity of 58.22% is 1276.4% 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 Aanchal Ispat and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aanchal Ispat's current Return-on-Tangible-Equity is 58.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aanchal Ispat stock overvalued right now?
Based on GuruFocus' analysis, Aanchal Ispat (BOM:538812) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹32.70, compared to a current price of ₹69.86 — trading 113.6% above its estimated fair value. The current Return-on-Tangible-Equity is 58.22% and 1276.4% above the Steel industry median of 4.23. Aanchal Ispat's overall GF Score™ is 41/100 with 4 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 Aanchal Ispat (BOM:538812), the current Return-on-Tangible-Equity is 58.22% 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 Aanchal Ispat (BOM:538812) Overvalued in 2026?
Based on GuruFocus' analysis, Aanchal Ispat stock appears to be overvalued.
The current stock price of ₹69.86 is trading 113.6% above its estimated GF Value™ of ₹32.70.
GuruFocus considers Aanchal Ispat to be Significantly Overvalued.
Key valuation signals for BOM:538812:
Return-on-Tangible-Equity: 58.22%
GF Value™: ₹32.70 vs. price of ₹69.86 (113.6% above fair value)
Industry Position: 1276.4% above the Steel median (#27 of 615)
No single metric tells the full story. See the BOM:538812 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aanchal Ispat Ltd is engaged in the business of manufacturing of iron and steel products. It manufactures Mild Steel TMT (thermomechanical treatment) Re-bars, Structural Re-bars, Round, and other Sectional products. The company also engages in trading of Mild Steel Billets, Cement and Clinker and TMT and Structural Re-Bars. Its product is used in the Infrastructure and Construction Industry.
41GF Score
Get the complete analysis for BOM:538812
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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