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IndiGrid Infrastructure TrustBOM:540565 +0.25%78 Return-on-Tangible-Equity is 16.04% as of Mar. 2026, which is 125% above its 10-year median of 7.14. GuruFocus rates BOM:540565 with a GF Score™ of 78/100 and a GF Value™ of ₹219.04 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 430 Utilities - Independent Power Producers companies, IndiGrid Infrastructure Trust ranks better than 67.44% 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. IndiGrid Infrastructure Trust's annualized net income for the quarter that ended in Mar. 2026 was ₹7,290 Mil. IndiGrid Infrastructure Trust's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹45,458 Mil. Therefore, IndiGrid Infrastructure Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 16.04%.
The historical rank and industry rank for IndiGrid Infrastructure Trust's Return-on-Tangible-Equity or its related term are showing as below:
BOM:540565'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -128.48 Med: 7.14 Max: 13.09
Current: 10.62
During the past 12 years, IndiGrid Infrastructure Trust's highest Return-on-Tangible-Equity was 13.09%. The lowest was -128.48%. And the median was 7.14%.
BOM:540565's Return-on-Tangible-Equity is ranked better than 67.44% of 430
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.85
vs BOM:540565: 10.62
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.
IndiGrid Infrastructure Trust Return-on-Tangible-Equity Related Terms
IndiGrid Infrastructure Trust Return-on-Tangible-Equity Historical Data
* 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:540565 vs CEG, VST, NRG: Return-on-Tangible-Equity Comparison
For the Utilities - Independent Power Producers subindustry, IndiGrid Infrastructure Trust'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.
IndiGrid Infrastructure Trust Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, IndiGrid Infrastructure Trust's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where IndiGrid Infrastructure Trust'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 16.04% mean?
IndiGrid Infrastructure Trust (BOM:540565) has a Return-on-Tangible-Equity of 16.04% 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 IndiGrid Infrastructure Trust and its competitors. This is 125% above median its historical median of 7.14. According to the industry distribution chart, IndiGrid Infrastructure Trust ranks #140 out of 430 companies in the Utilities - Independent Power Producers industry, placing it in the top 32.6%.
Is IndiGrid Infrastructure Trust's Return-on-Tangible-Equity too high?
IndiGrid Infrastructure Trust's current Return-on-Tangible-Equity of 16.04% is 125% above median its 10-year median of 7.14. The Utilities - Independent Power Producers industry median Return-on-Tangible-Equity is 4.85. IndiGrid Infrastructure Trust's value of 16.04% is 230.7% above this industry median. Based on the distribution chart, IndiGrid Infrastructure Trust ranks #140 out of 430 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, IndiGrid Infrastructure Trust has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IndiGrid Infrastructure Trust's Return-on-Tangible-Equity compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, IndiGrid Infrastructure Trust ranks #140 out of 430 companies for Return-on-Tangible-Equity. This puts IndiGrid Infrastructure Trust in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.85. IndiGrid Infrastructure Trust's value of 16.04% is 230.7% above this benchmark. While the company's 10-year median is 7.14 vs. the industry median of 4.85, IndiGrid Infrastructure Trust 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 an Utilities - Independent Power Producers company?
The median Return-on-Tangible-Equity among Utilities - Independent Power Producers companies is 4.85, based on 430 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. IndiGrid Infrastructure Trust's current Return-on-Tangible-Equity of 16.04% is 230.7% 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 IndiGrid Infrastructure Trust and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Equity is 4.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IndiGrid Infrastructure Trust's current Return-on-Tangible-Equity is 16.04%, which is 125% above median its own 10-year median of 7.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IndiGrid Infrastructure Trust stock overvalued right now?
Based on GuruFocus' analysis, IndiGrid Infrastructure Trust (BOM:540565) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹219.04, compared to a current price of ₹178.13 — trading 18.7% below its estimated fair value. The current Return-on-Tangible-Equity is 16.04%, which is 125% above median its 10-year median of 7.14 and 230.7% above the Utilities - Independent Power Producers industry median of 4.85. IndiGrid Infrastructure Trust's overall GF Score™ is 78/100 with 9 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 IndiGrid Infrastructure Trust (BOM:540565), the current Return-on-Tangible-Equity is 16.04% 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 IndiGrid Infrastructure Trust (BOM:540565) Overvalued in 2026?
Based on GuruFocus' analysis, IndiGrid Infrastructure Trust stock appears to be undervalued.
The current stock price of ₹178.13 is trading 18.7% below its estimated GF Value™ of ₹219.04.
GuruFocus considers IndiGrid Infrastructure Trust to be Modestly Undervalued.
Key valuation signals for BOM:540565:
Return-on-Tangible-Equity: 16.04% (125% above median its 10-year median of 7.14)
GF Value™: ₹219.04 vs. price of ₹178.13 (18.7% below fair value)
Industry Position: 230.7% above the Utilities - Independent Power Producers median (#140 of 430)
No single metric tells the full story. See the BOM:540565 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IndiGrid Infrastructure Trust Business Description
IndiGrid Infrastructure Trust, formerly India Grid Trust is an infrastructure investment trust established to own inter-state power transmission assets in India. The projects comprise extra high voltage (EHV) overhead power transmission lines, comprising approximately seven 765 kV transmission lines and thirty 400 kV transmission lines. The company has two distinct reportable segments: Power Transmission and Power generation. The power Transmission segment generates the majority of revenue and is engaged in the business of owning and maintaining transmission assets. The power Generation segment includes entities in the business of generating power through renewable sources such as solar etc.
78GF Score
Get the complete analysis for BOM:540565
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