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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. Spice Lounge Food Works's annualized net income for the quarter that ended in Mar. 2026 was ₹198 Mil. Spice Lounge Food Works's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹238 Mil. Therefore, Spice Lounge Food Works's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 83.25%.
The historical rank and industry rank for Spice Lounge Food Works's Return-on-Tangible-Equity or its related term are showing as below:
BOM:539895'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -5 Med: -2.95 Max: 93.19
Current: 64.55
During the past 13 years, Spice Lounge Food Works's highest Return-on-Tangible-Equity was 93.19%. The lowest was -5.00%. And the median was -2.95%.
BOM:539895's Return-on-Tangible-Equity is ranked better than 85.1% of 2484
companies
in the Software industry
Industry Median: 9.075
vs BOM:539895: 64.55
Spice Lounge Food Works (BOM:539895) 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.
Spice Lounge Food Works Return-on-Tangible-Equity Related Terms
Spice Lounge Food Works Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Spice Lounge Food Works'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.
Spice Lounge Food Works Return-on-Tangible-Equity Chart
BOM:539895 vs QH, SHOP, UBER: Return-on-Tangible-Equity Comparison
For the Software - Application subindustry, Spice Lounge Food Works'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.
Spice Lounge Food Works Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Spice Lounge Food Works's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Spice Lounge Food Works'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 83.25% mean?
Spice Lounge Food Works (BOM:539895) has a Return-on-Tangible-Equity of 83.25% 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 Spice Lounge Food Works and its competitors. According to the industry distribution chart, Spice Lounge Food Works ranks #370 out of 2484 companies in the Software industry, placing it in the top 14.9%.
Is Spice Lounge Food Works' Return-on-Tangible-Equity too high?
Spice Lounge Food Works' current Return-on-Tangible-Equity is 83.25%. The Software industry median Return-on-Tangible-Equity is 9.08. Spice Lounge Food Works' value of 83.25% is 817.4% above this industry median. Based on the distribution chart, Spice Lounge Food Works ranks #370 out of 2484 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Spice Lounge Food Works has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Spice Lounge Food Works' Return-on-Tangible-Equity compare to QH and SHOP?
According to the Software industry distribution chart, Spice Lounge Food Works ranks #370 out of 2484 companies for Return-on-Tangible-Equity. This places Spice Lounge Food Works in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 9.08. Spice Lounge Food Works' value of 83.25% is 817.4% 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 9.08, based on 2,484 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. Spice Lounge Food Works's current Return-on-Tangible-Equity of 83.25% is 817.4% 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 Spice Lounge Food Works and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 9.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spice Lounge Food Works's current Return-on-Tangible-Equity is 83.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spice Lounge Food Works stock overvalued right now?
Spice Lounge Food Works (BOM:539895) has a current Return-on-Tangible-Equity of 83.25%. The current Return-on-Tangible-Equity is 83.25% and 817.4% above the Software industry median of 9.08. Spice Lounge Food Works' overall GF Score™ is 15/100 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 Spice Lounge Food Works (BOM:539895), the current Return-on-Tangible-Equity is 83.25% 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.
Spice Lounge Food Works Ltd formerly Shalimar Agencies Ltd is engaged in providing a complete range of IT Services and Solutions. The company provides services that includes software development, maintenance of software/hardware and related services, and sale of software licenses.
15GF Score
Get the complete analysis for BOM:539895
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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