BR Goyal Infrastructure (BOM:544335) Return-on-Tangible-Equity: 22.18% (As of Mar. 2026) — 24% Above Median

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BOM:544335 BR Goyal Infrastructure Ltd BOM:544335
18 GF Score
Price ₹191.90
! 5 Warning Signs
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What is BR Goyal Infrastructure Return-on-Tangible-Equity?

BR Goyal Infrastructure BOM:544335 -3.28% 18 Return-on-Tangible-Equity is 22.18% as of Mar. 2026, which is 24% above its 10-year median of 17.83. GuruFocus rates BOM:544335 with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 1,714 Construction companies, BR Goyal Infrastructure ranks better than 73.75% 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. BR Goyal Infrastructure's annualized net income for the quarter that ended in Mar. 2026 was ₹575 Mil. BR Goyal Infrastructure's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹2,594 Mil. Therefore, BR Goyal Infrastructure's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 22.18%.

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

BOM:544335' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.52   Med: 17.83   Max: 18.9
Current: 17.98

During the past 5 years, BR Goyal Infrastructure's highest Return-on-Tangible-Equity was 18.90%. The lowest was 8.52%. And the median was 17.83%.

BOM:544335's Return-on-Tangible-Equity is ranked better than
73.75% of 1714 companies
in the Construction industry
Industry Median: 8.2 vs BOM:544335: 17.98

BR Goyal Infrastructure  (BOM:544335) 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.


BR Goyal Infrastructure Return-on-Tangible-Equity Related Terms


BR Goyal Infrastructure Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for BR Goyal Infrastructure'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.

BR Goyal Infrastructure Return-on-Tangible-Equity Chart

BR Goyal Infrastructure Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
8.52 18.02 18.90 14.16 17.83

BR Goyal Infrastructure Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial 0.00 9.59 16.69 13.55 22.18

BOM:544335 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison

For the Engineering & Construction subindustry, BR Goyal Infrastructure'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.


BR Goyal Infrastructure Return-on-Tangible-Equity vs Construction Industry

For the Construction industry and Industrials sector, BR Goyal Infrastructure's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where BR Goyal Infrastructure's Return-on-Tangible-Equity falls into.


BOM:544335
18GF Score
BR Goyal Infrastructure Ltd BOM:544335
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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BR Goyal Infrastructure Return-on-Tangible-Equity Calculation

BR Goyal Infrastructure'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 )
=448.163/( (2289.331+2737.499 )/ 2 )
=448.163/2513.415
=17.83 %

BR Goyal Infrastructure'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: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=575.272/( (2449.851+2737.499)/ 2 )
=575.272/2593.675
=22.18 %

* 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 22.18% mean?
BR Goyal Infrastructure (BOM:544335) has a Return-on-Tangible-Equity of 22.18% 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 BR Goyal Infrastructure and its competitors. This is 24% above median its historical median of 17.83. Over the past decade, BR Goyal Infrastructure's Return-on-Tangible-Equity has ranged from 8.52 to 18.90. According to the industry distribution chart, BR Goyal Infrastructure ranks #450 out of 1714 companies in the Construction industry, placing it in the top 26.3%.
Is BR Goyal Infrastructure's Return-on-Tangible-Equity too high?
BR Goyal Infrastructure's current Return-on-Tangible-Equity of 22.18% is 24% above median its 10-year median of 17.83. Over the past 10 years, this metric has ranged from a low of 8.52 to a high of 18.90. The Construction industry median Return-on-Tangible-Equity is 8.20. BR Goyal Infrastructure's value of 22.18% is 170.5% above this industry median. Based on the distribution chart, BR Goyal Infrastructure ranks #450 out of 1714 companies in the Construction industry, which is above the industry midpoint. Overall, BR Goyal Infrastructure has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does BR Goyal Infrastructure's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, BR Goyal Infrastructure ranks #450 out of 1714 companies for Return-on-Tangible-Equity. This puts BR Goyal Infrastructure in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.20. BR Goyal Infrastructure's value of 22.18% is 170.5% above this benchmark. Historically, BR Goyal Infrastructure's own Return-on-Tangible-Equity has ranged from 8.52 to 18.90 over the past decade. While the company's 10-year median is 17.83 vs. the industry median of 8.20, BR Goyal Infrastructure 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.20, based on 1,714 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. BR Goyal Infrastructure's current Return-on-Tangible-Equity of 22.18% is 170.5% 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 BR Goyal Infrastructure and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BR Goyal Infrastructure's current Return-on-Tangible-Equity is 22.18%, which is 24% above median its own 10-year median of 17.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BR Goyal Infrastructure stock overvalued right now?
BR Goyal Infrastructure (BOM:544335) has a current Return-on-Tangible-Equity of 22.18%. The current Return-on-Tangible-Equity is 22.18%, which is 24% above median its 10-year median of 17.83 and 170.5% above the Construction industry median of 8.20. BR Goyal Infrastructure's overall GF Score™ is 18/100 with 5 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 BR Goyal Infrastructure (BOM:544335), the current Return-on-Tangible-Equity is 22.18% 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.

BR Goyal Infrastructure Business Description

Address Sapna Sangeeta Road, 3-A, Agrawal Nagar, Indore, MP, IND, 452001
BR Goyal Infrastructure Ltd is engaged in the construction and development of infrastructure projects such as roads, highways, bridges, and buildings and has ongoing projects in the states of Madhya Pradesh, Maharashtra, Gujarat, Haryana, Uttar Pradesh, Mizoram and Manipur. The company carries out EPC services for third parties (majorly for government departments), roads and highways, commercial complexes, industrial parks, housing projects, and HAM (Hybrid Annuity Mode) Projects. It is also engaged in wind power generation, manufacturing of Ready-Mix Concrete (RMC), and Toll Collection Contract (TCC).
18GF Score

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

₹191.90
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