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Desco InfratechBOM:544387 -0.56%18 Return-on-Tangible-Equity is 30.82% as of Mar. 2026, which is 12% above its 10-year median of 27.62. GuruFocus rates BOM:544387 with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 1,714 Construction companies, Desco Infratech ranks better than 80.81% 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. Desco Infratech's annualized net income for the quarter that ended in Mar. 2026 was ₹204 Mil. Desco Infratech's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹661 Mil. Therefore, Desco Infratech's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 30.82%.
The historical rank and industry rank for Desco Infratech's Return-on-Tangible-Equity or its related term are showing as below:
BOM:544387'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 21.43 Med: 27.62 Max: 75.52
Current: 24.75
During the past 5 years, Desco Infratech's highest Return-on-Tangible-Equity was 75.52%. The lowest was 21.43%. And the median was 27.62%.
BOM:544387's Return-on-Tangible-Equity is ranked better than 80.81% of 1714
companies
in the Construction industry
Industry Median: 8.2
vs BOM:544387: 24.75
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.
Desco Infratech Return-on-Tangible-Equity Related Terms
Desco Infratech Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Desco Infratech'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:544387 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Desco Infratech'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.
Desco Infratech Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Desco Infratech's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Desco Infratech'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 30.82% mean?
Desco Infratech (BOM:544387) has a Return-on-Tangible-Equity of 30.82% 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 Desco Infratech and its competitors. This is 12% above median its historical median of 27.62. Over the past decade, Desco Infratech's Return-on-Tangible-Equity has ranged from 21.43 to 75.52. According to the industry distribution chart, Desco Infratech ranks #329 out of 1714 companies in the Construction industry, placing it in the top 19.2%.
Is Desco Infratech's Return-on-Tangible-Equity too high?
Desco Infratech's current Return-on-Tangible-Equity of 30.82% is 12% above median its 10-year median of 27.62. Over the past 10 years, this metric has ranged from a low of 21.43 to a high of 75.52. The Construction industry median Return-on-Tangible-Equity is 8.20. Desco Infratech's value of 30.82% is 275.9% above this industry median. Based on the distribution chart, Desco Infratech ranks #329 out of 1714 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Desco Infratech has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Desco Infratech's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Desco Infratech ranks #329 out of 1714 companies for Return-on-Tangible-Equity. This places Desco Infratech in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.20. Desco Infratech's value of 30.82% is 275.9% above this benchmark. Historically, Desco Infratech's own Return-on-Tangible-Equity has ranged from 21.43 to 75.52 over the past decade. While the company's 10-year median is 27.62 vs. the industry median of 8.20, Desco Infratech 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. Desco Infratech's current Return-on-Tangible-Equity of 30.82% is 275.9% 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 Desco Infratech 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. Desco Infratech's current Return-on-Tangible-Equity is 30.82%, which is 12% above median its own 10-year median of 27.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Desco Infratech stock overvalued right now?
Desco Infratech (BOM:544387) has a current Return-on-Tangible-Equity of 30.82%. The current Return-on-Tangible-Equity is 30.82%, which is 12% above median its 10-year median of 27.62 and 275.9% above the Construction industry median of 8.20. Desco Infratech's overall GF Score™ is 18/100 with 3 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 Desco Infratech (BOM:544387), the current Return-on-Tangible-Equity is 30.82% 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.
Desco Infratech Ltd is engaged in providing infrastructure and maintenance services to city gas distribution divisions in India. The company engages in activities such as pipeline laying, installation, testing, erection and commissioning for Piped Natural Gas (PNG) utilized by both domestic and commercial users. Its Operation and Maintenance services (O&M Services) encompass both underground and above-ground gas pipeline work for carbon steel and MDPE pipelines. As part of its O&M Services, the company conducts lock pressure and leak detection tests on MDPE pipelines to identify leaks and prevent natural gas losses and potential accidents resulting from these leaks.
18GF Score
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