Dolfin Rubbers (BOM:542013) Return-on-Tangible-Equity: 16.76% (As of Mar. 2026) — Near Median

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BOM:542013 Dolfin Rubbers Ltd BOM:542013
78 GF Score
Price ₹170.10
GF Value ₹229.98
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Dolfin Rubbers Return-on-Tangible-Equity?

Dolfin Rubbers BOM:542013 -1.05% 78 Return-on-Tangible-Equity is 16.76% as of Mar. 2026, which is 8% above its 10-year median of 15.52. GuruFocus rates BOM:542013 with a GF Score™ of 78/100 and a GF Value™ of ₹229.98 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,282 Vehicles & Parts companies, Dolfin Rubbers ranks better than 77.85% 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. Dolfin Rubbers's annualized net income for the quarter that ended in Mar. 2026 was ₹65 Mil. Dolfin Rubbers's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹389 Mil. Therefore, Dolfin Rubbers's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 16.76%.

The historical rank and industry rank for Dolfin Rubbers's Return-on-Tangible-Equity or its related term are showing as below:

BOM:542013' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 11.98   Med: 15.52   Max: 18.62
Current: 16.14

During the past 13 years, Dolfin Rubbers's highest Return-on-Tangible-Equity was 18.62%. The lowest was 11.98%. And the median was 15.52%.

BOM:542013's Return-on-Tangible-Equity is ranked better than
77.85% of 1282 companies
in the Vehicles & Parts industry
Industry Median: 7.585 vs BOM:542013: 16.14

Dolfin Rubbers  (BOM:542013) 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.


Dolfin Rubbers Return-on-Tangible-Equity Related Terms


Dolfin Rubbers Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Dolfin Rubbers'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.

Dolfin Rubbers Return-on-Tangible-Equity Chart

Dolfin Rubbers Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.60 14.35 17.94 16.62 15.32

Dolfin Rubbers Quarterly Data
Sep20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.45 18.83 12.03 17.20 16.76

BOM:542013 vs ORLY, AZO: Return-on-Tangible-Equity Comparison

For the Auto Parts subindustry, Dolfin Rubbers'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.


Dolfin Rubbers Return-on-Tangible-Equity vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Dolfin Rubbers's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Dolfin Rubbers's Return-on-Tangible-Equity falls into.


BOM:542013
78GF Score
Dolfin Rubbers Ltd BOM:542013
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dolfin Rubbers Return-on-Tangible-Equity Calculation

Dolfin Rubbers's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=55.386/( (333.894+389.11 )/ 2 )
=55.386/361.502
=15.32 %

Dolfin Rubbers's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=65.2/( (0+389.11)/ 1 )
=65.2/389.11
=16.76 %

* 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 16.76% mean?
Dolfin Rubbers (BOM:542013) has a Return-on-Tangible-Equity of 16.76% 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 Dolfin Rubbers and its competitors. This is near median its historical median of 15.52. Over the past decade, Dolfin Rubbers' Return-on-Tangible-Equity has ranged from 11.98 to 18.62. According to the industry distribution chart, Dolfin Rubbers ranks #284 out of 1282 companies in the Vehicles & Parts industry, placing it in the top 22.2%.
Is Dolfin Rubbers' Return-on-Tangible-Equity too high?
Dolfin Rubbers' current Return-on-Tangible-Equity of 16.76% is near median its 10-year median of 15.52. Over the past 10 years, this metric has ranged from a low of 11.98 to a high of 18.62. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.59. Dolfin Rubbers' value of 16.76% is 121% above this industry median. Based on the distribution chart, Dolfin Rubbers ranks #284 out of 1282 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Dolfin Rubbers has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dolfin Rubbers' Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Dolfin Rubbers ranks #284 out of 1282 companies for Return-on-Tangible-Equity. This places Dolfin Rubbers in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.59. Dolfin Rubbers' value of 16.76% is 121% above this benchmark. Historically, Dolfin Rubbers' own Return-on-Tangible-Equity has ranged from 11.98 to 18.62 over the past decade. While the company's 10-year median is 15.52 vs. the industry median of 7.59, Dolfin Rubbers 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.59, based on 1,282 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. Dolfin Rubbers's current Return-on-Tangible-Equity of 16.76% is 121% 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 Dolfin Rubbers and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dolfin Rubbers's current Return-on-Tangible-Equity is 16.76%, which is near median its own 10-year median of 15.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dolfin Rubbers stock overvalued right now?
Based on GuruFocus' analysis, Dolfin Rubbers (BOM:542013) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹229.98, compared to a current price of ₹170.10 — trading 26% below its estimated fair value. The current Return-on-Tangible-Equity is 16.76%, which is near median its 10-year median of 15.52 and 121% above the Vehicles & Parts industry median of 7.59. Dolfin Rubbers' overall GF Score™ is 78/100 with 2 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 Dolfin Rubbers (BOM:542013), the current Return-on-Tangible-Equity is 16.76% 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 Dolfin Rubbers (BOM:542013) Overvalued in 2026?

Based on GuruFocus' analysis, Dolfin Rubbers stock appears to be undervalued. The current stock price of ₹170.10 is trading 26% below its estimated GF Value™ of ₹229.98. GuruFocus considers Dolfin Rubbers to be Modestly Undervalued.

Key valuation signals for BOM:542013:

  • Return-on-Tangible-Equity: 16.76% (near median its 10-year median of 15.52)
  • GF Value™: ₹229.98 vs. price of ₹170.10 (26% below fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 121% above the Vehicles & Parts median (#284 of 1282)

No single metric tells the full story. See the BOM:542013 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dolfin Rubbers Business Description

Address 26-A, Bhai Randhir Singh Nagar, Opposite Ramesh Eye Hospital, Ludhiana, PB, IND, 141012
Dolfin Rubbers Ltd is mainly engaged in manufacturing rubber tyres and tubes, so the management considers this to be the only business segment of the company. The company's main business is in India. Based on its vehicle types, the tire market can be segmented into passenger cars, light commercial vehicles, medium and heavy commercial vehicles, two-wheelers and three-wheelers, and off-road, among others.
78GF Score

Get the complete analysis for BOM:542013

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹170.10
Price
₹229.98
GF Value