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Uday Jewellery IndustriesBOM:539518 +1.40%79 Return-on-Tangible-Equity is 20.57% as of Mar. 2026, which is 74% above its 10-year median of 11.84. GuruFocus rates BOM:539518 with a GF Score™ of 79/100 and a GF Value™ of ₹352.80 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,066 Retail - Cyclical companies, Uday Jewellery Industries ranks better than 70.64% 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. Uday Jewellery Industries's annualized net income for the quarter that ended in Mar. 2026 was ₹426 Mil. Uday Jewellery Industries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹2,073 Mil. Therefore, Uday Jewellery Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 20.57%.
The historical rank and industry rank for Uday Jewellery Industries's Return-on-Tangible-Equity or its related term are showing as below:
BOM:539518'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.36 Med: 11.84 Max: 22.78
Current: 19.3
During the past 12 years, Uday Jewellery Industries's highest Return-on-Tangible-Equity was 22.78%. The lowest was 8.36%. And the median was 11.84%.
BOM:539518's Return-on-Tangible-Equity is ranked better than 70.64% of 1066
companies
in the Retail - Cyclical industry
Industry Median: 8.445
vs BOM:539518: 19.30
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.
Uday Jewellery Industries Return-on-Tangible-Equity Related Terms
Uday Jewellery Industries Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Uday Jewellery 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.
BOM:539518 vs TPR: Return-on-Tangible-Equity Comparison
For the Luxury Goods subindustry, Uday Jewellery 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.
Uday Jewellery Industries Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Uday Jewellery Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Uday Jewellery 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 20.57% mean?
Uday Jewellery Industries (BOM:539518) has a Return-on-Tangible-Equity of 20.57% 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 Uday Jewellery Industries and its competitors. This is 74% above median its historical median of 11.84. Over the past decade, Uday Jewellery Industries' Return-on-Tangible-Equity has ranged from 8.36 to 22.78. According to the industry distribution chart, Uday Jewellery Industries ranks #313 out of 1066 companies in the Retail - Cyclical industry, placing it in the top 29.4%.
Is Uday Jewellery Industries' Return-on-Tangible-Equity too high?
Uday Jewellery Industries' current Return-on-Tangible-Equity of 20.57% is 74% above median its 10-year median of 11.84. Over the past 10 years, this metric has ranged from a low of 8.36 to a high of 22.78. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.45. Uday Jewellery Industries' value of 20.57% is 143.6% above this industry median. Based on the distribution chart, Uday Jewellery Industries ranks #313 out of 1066 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Uday Jewellery Industries has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Uday Jewellery Industries' Return-on-Tangible-Equity compare to TPR?
According to the Retail - Cyclical industry distribution chart, Uday Jewellery Industries ranks #313 out of 1066 companies for Return-on-Tangible-Equity. This puts Uday Jewellery Industries in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.45. Uday Jewellery Industries' value of 20.57% is 143.6% above this benchmark. Historically, Uday Jewellery Industries' own Return-on-Tangible-Equity has ranged from 8.36 to 22.78 over the past decade. While the company's 10-year median is 11.84 vs. the industry median of 8.45, Uday Jewellery 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.45, based on 1,066 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. Uday Jewellery Industries's current Return-on-Tangible-Equity of 20.57% is 143.6% 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 Uday Jewellery Industries and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Uday Jewellery Industries's current Return-on-Tangible-Equity is 20.57%, which is 74% above median its own 10-year median of 11.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Uday Jewellery Industries stock overvalued right now?
Based on GuruFocus' analysis, Uday Jewellery Industries (BOM:539518) is currently considered Possible Value Trap. The stock's GF Value™ is ₹352.80, compared to a current price of ₹140.90 — trading 60.1% below its estimated fair value. The current Return-on-Tangible-Equity is 20.57%, which is 74% above median its 10-year median of 11.84 and 143.6% above the Retail - Cyclical industry median of 8.45. Uday Jewellery Industries' overall GF Score™ is 79/100 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 Uday Jewellery Industries (BOM:539518), the current Return-on-Tangible-Equity is 20.57% 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 Uday Jewellery Industries (BOM:539518) Overvalued in 2026?
Based on GuruFocus' analysis, Uday Jewellery Industries stock appears to be undervalued.
The current stock price of ₹140.90 is trading 60.1% below its estimated GF Value™ of ₹352.80.
GuruFocus considers Uday Jewellery Industries to be Possible Value Trap.
Key valuation signals for BOM:539518:
Return-on-Tangible-Equity: 20.57% (74% above median its 10-year median of 11.84)
GF Value™: ₹352.80 vs. price of ₹140.90 (60.1% below fair value)
Industry Position: 143.6% above the Retail - Cyclical median (#313 of 1066)
No single metric tells the full story. See the BOM:539518 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Uday Jewellery Industries Ltd is a wholesaler of CZ and colour gemstone-studded jewellery. The company manufactures and trades in gold, gems, and studded jewellery. It manufactures products of white gold jewellery studded with precious stones using various themes that include Aira concept jewellery using a variety of coloured gemstones, and Twenty-One-carat gold jewellery for export. The company derives the majority of its revenue from the sale and export of its studded jewellery collections.
79GF Score
Get the complete analysis for BOM:539518
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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