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Harshdeep HorticoBOM:544105 -2.92%22 Return-on-Tangible-Equity is 24.13% as of Mar. 2026, which is 4% below its 10-year median of 25.08. GuruFocus rates BOM:544105 with a GF Score™ of 22/100. The stock has 2 warning signs investors should review. Among 422 Furnishings, Fixtures & Appliances companies, Harshdeep Hortico ranks better than 87.44% 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. Harshdeep Hortico's annualized net income for the quarter that ended in Mar. 2026 was ₹136.4 Mil. Harshdeep Hortico's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹565.3 Mil. Therefore, Harshdeep Hortico's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 24.13%.
The historical rank and industry rank for Harshdeep Hortico's Return-on-Tangible-Equity or its related term are showing as below:
BOM:544105'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.06 Med: 25.08 Max: 35.24
Current: 23.41
During the past 6 years, Harshdeep Hortico's highest Return-on-Tangible-Equity was 35.24%. The lowest was -0.06%. And the median was 25.08%.
BOM:544105's Return-on-Tangible-Equity is ranked better than 87.44% of 422
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.14
vs BOM:544105: 23.41
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.
Harshdeep Hortico Return-on-Tangible-Equity Related Terms
Harshdeep Hortico Return-on-Tangible-Equity Historical Data
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The historical data trend for Harshdeep Hortico'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:544105 vs SN, SGI, MHK: Return-on-Tangible-Equity Comparison
For the Furnishings, Fixtures & Appliances subindustry, Harshdeep Hortico'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.
Harshdeep Hortico Return-on-Tangible-Equity vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Harshdeep Hortico's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Harshdeep Hortico'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 two times the semi-annual (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 24.13% mean?
Harshdeep Hortico (BOM:544105) has a Return-on-Tangible-Equity of 24.13% 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 Harshdeep Hortico and its competitors. This is near median its historical median of 25.08. According to the industry distribution chart, Harshdeep Hortico ranks #53 out of 422 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 12.6%.
Is Harshdeep Hortico's Return-on-Tangible-Equity too high?
Harshdeep Hortico's current Return-on-Tangible-Equity of 24.13% is near median its 10-year median of 25.08. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Equity is 5.14. Harshdeep Hortico's value of 24.13% is 369.5% above this industry median. Based on the distribution chart, Harshdeep Hortico ranks #53 out of 422 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Harshdeep Hortico has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Harshdeep Hortico's Return-on-Tangible-Equity compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Harshdeep Hortico ranks #53 out of 422 companies for Return-on-Tangible-Equity. This places Harshdeep Hortico in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.14. Harshdeep Hortico's value of 24.13% is 369.5% above this benchmark. While the company's 10-year median is 25.08 vs. the industry median of 5.14, Harshdeep Hortico 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Equity among Furnishings, Fixtures & Appliances companies is 5.14, based on 422 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. Harshdeep Hortico's current Return-on-Tangible-Equity of 24.13% is 369.5% 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 Harshdeep Hortico and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Equity is 5.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harshdeep Hortico's current Return-on-Tangible-Equity is 24.13%, which is near median its own 10-year median of 25.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harshdeep Hortico stock overvalued right now?
Harshdeep Hortico (BOM:544105) has a current Return-on-Tangible-Equity of 24.13%. The current Return-on-Tangible-Equity is 24.13%, which is near median its 10-year median of 25.08 and 369.5% above the Furnishings, Fixtures & Appliances industry median of 5.14. Harshdeep Hortico's overall GF Score™ is 22/100 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 Harshdeep Hortico (BOM:544105), the current Return-on-Tangible-Equity is 24.13% 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.
Harshdeep Hortico Ltd is engaged in the business of designing, developing, manufacturing, and supplying various types of pots and planters: plastic Indoor Planters, Outdoor Planters, Illuminated Planters, Decorative Planters, Roto Moulded Planters, Fiber Reinforced Plastic (FRP) Planters, Eco series Planters etc. along with related accessories like Garden Hose Pipe & Water Can and Roto Moulded Outdoor Furniture. Its portfolio comprises of wide array of synthetic planters such as Illuminated planters, Indoor Series, Grower Planter Series, and Eco Series.
22GF Score
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