Vishwaraj Sugar Industries (BOM:542852) Return-on-Tangible-Equity: 17.64% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:542852 Vishwaraj Sugar Industries Ltd BOM:542852
56 GF Score
Price ₹5.12
GF Value ₹9.06
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Vishwaraj Sugar Industries Return-on-Tangible-Equity?

Vishwaraj Sugar Industries BOM:542852 -2.48% 56 Return-on-Tangible-Equity is 17.64% as of Mar. 2026. GuruFocus rates BOM:542852 with a GF Score™ of 56/100 and a GF Value™ of ₹9.06 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,880 Consumer Packaged Goods companies, Vishwaraj Sugar Industries ranks worse than 86.44% 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. Vishwaraj Sugar Industries's annualized net income for the quarter that ended in Mar. 2026 was ₹437 Mil. Vishwaraj Sugar Industries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹2,478 Mil. Therefore, Vishwaraj Sugar Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 17.64%.

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

BOM:542852' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -13.49   Med: -2.75   Max: 23.66
Current: -10.29

During the past 12 years, Vishwaraj Sugar Industries's highest Return-on-Tangible-Equity was 23.66%. The lowest was -13.49%. And the median was -2.75%.

BOM:542852's Return-on-Tangible-Equity is ranked worse than
86.44% of 1880 companies
in the Consumer Packaged Goods industry
Industry Median: 7.87 vs BOM:542852: -10.29

Vishwaraj Sugar Industries  (BOM:542852) 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.


Vishwaraj Sugar Industries Return-on-Tangible-Equity Related Terms


Vishwaraj Sugar Industries Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Vishwaraj Sugar 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.

Vishwaraj Sugar Industries Return-on-Tangible-Equity Chart

Vishwaraj Sugar Industries 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 23.66 -8.71 5.53 -13.49 -10.56

Vishwaraj Sugar Industries Quarterly Data
Jun21 Sep21 Dec21 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 2.94 -24.07 -22.37 -10.91 17.64

BOM:542852 vs MDLZ, HSY, TR: Return-on-Tangible-Equity Comparison

For the Confectioners subindustry, Vishwaraj Sugar 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.


Vishwaraj Sugar Industries Return-on-Tangible-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vishwaraj Sugar Industries's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Vishwaraj Sugar Industries's Return-on-Tangible-Equity falls into.


BOM:542852
56GF Score
Vishwaraj Sugar Industries Ltd BOM:542852
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vishwaraj Sugar Industries Return-on-Tangible-Equity Calculation

Vishwaraj Sugar Industries'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 )
=-281.714/( (2804.783+2529.545 )/ 2 )
=-281.714/2667.164
=-10.56 %

Vishwaraj Sugar Industries'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 )
=437.144/( (2427.099+2529.545)/ 2 )
=437.144/2478.322
=17.64 %

* 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 17.64% mean?
Vishwaraj Sugar Industries (BOM:542852) has a Return-on-Tangible-Equity of 17.64% 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 Vishwaraj Sugar Industries and its competitors. According to the industry distribution chart, Vishwaraj Sugar Industries ranks #1625 out of 1880 companies in the Consumer Packaged Goods industry, placing it in the top 86.4%.
Is Vishwaraj Sugar Industries' Return-on-Tangible-Equity too high?
Vishwaraj Sugar Industries' current Return-on-Tangible-Equity is 17.64%. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.87. Vishwaraj Sugar Industries' value of 17.64% is 124.1% above this industry median. Based on the distribution chart, Vishwaraj Sugar Industries ranks #1625 out of 1880 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Vishwaraj Sugar Industries has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Vishwaraj Sugar Industries' Return-on-Tangible-Equity compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Vishwaraj Sugar Industries ranks #1625 out of 1880 companies for Return-on-Tangible-Equity. This places Vishwaraj Sugar Industries in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.87. Vishwaraj Sugar Industries' value of 17.64% is 124.1% 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.87, based on 1,880 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. Vishwaraj Sugar Industries's current Return-on-Tangible-Equity of 17.64% is 124.1% 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 Vishwaraj Sugar Industries and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vishwaraj Sugar Industries's current Return-on-Tangible-Equity is 17.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vishwaraj Sugar Industries stock overvalued right now?
Based on GuruFocus' analysis, Vishwaraj Sugar Industries (BOM:542852) is currently considered Possible Value Trap. The stock's GF Value™ is ₹9.06, compared to a current price of ₹5.12 — trading 43.5% below its estimated fair value. The current Return-on-Tangible-Equity is 17.64% and 124.1% above the Consumer Packaged Goods industry median of 7.87. Vishwaraj Sugar Industries' overall GF Score™ is 56/100 with 6 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 Vishwaraj Sugar Industries (BOM:542852), the current Return-on-Tangible-Equity is 17.64% 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 Vishwaraj Sugar Industries (BOM:542852) Overvalued in 2026?

Based on GuruFocus' analysis, Vishwaraj Sugar Industries stock appears to be undervalued. The current stock price of ₹5.12 is trading 43.5% below its estimated GF Value™ of ₹9.06. GuruFocus considers Vishwaraj Sugar Industries to be Possible Value Trap.

Key valuation signals for BOM:542852:

  • Return-on-Tangible-Equity: 17.64%
  • GF Value™: ₹9.06 vs. price of ₹5.12 (43.5% below fair value)
  • GF Score™: 56/100 with 6 warning signs
  • Industry Position: 124.1% above the Consumer Packaged Goods median (#1625 of 1880)

No single metric tells the full story. See the BOM:542852 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vishwaraj Sugar Industries Business Description

Other Exchanges VISHWARAJ:India
Address Bellad Bagewadi, Taluka Hukkeri, District Belgaum, Belagavi, KA, IND, 591 305
Vishwaraj Sugar Industries Ltd is an integrated sugarcane-based company operating from a manufacturing facility in Belgaum District, Karnataka, India. The company produces sugar and allied products such as rectified spirits, extra-neutral spirits, Indian made liquor, vinegar, compost, and carbon dioxide. It also operates a co-generation unit that generates power, including surplus electricity for commercial sale, utilizing by-products like bagasse and molasses. The company's revenue is predominantly derived from sugar production, power generation, and distillery products. It operates across five main segments: Sugar, Co-Generation, Distillery, Indian Made Liquor (IML), and Vinegar.
56GF Score

Get the complete analysis for BOM:542852

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

₹5.12
Price
₹9.06
GF Value