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.
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.
Mehul ColoursBOM:544472 -4.25%21 Return-on-Tangible-Equity is 9.59% as of Mar. 2026, which is 70% below its 10-year median of 32.32. GuruFocus rates BOM:544472 with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 1,572 Chemicals companies, Mehul Colours ranks better than 83.33% 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. Mehul Colours's annualized net income for the quarter that ended in Mar. 2026 was ₹38.6 Mil. Mehul Colours's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹402.3 Mil. Therefore, Mehul Colours's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.59%.
The historical rank and industry rank for Mehul Colours's Return-on-Tangible-Equity or its related term are showing as below:
BOM:544472'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 16.07 Med: 32.32 Max: 42.68
Current: 16.07
During the past 5 years, Mehul Colours's highest Return-on-Tangible-Equity was 42.68%. The lowest was 16.07%. And the median was 32.32%.
BOM:544472's Return-on-Tangible-Equity is ranked better than 83.33% of 1572
companies
in the Chemicals industry
Industry Median: 5.925
vs BOM:544472: 16.07
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.
Mehul Colours Return-on-Tangible-Equity Related Terms
Mehul Colours Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Mehul Colours'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:544472 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Mehul Colours'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.
Mehul Colours Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Mehul Colours's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Mehul Colours'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 9.59% mean?
Mehul Colours (BOM:544472) has a Return-on-Tangible-Equity of 9.59% 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 Mehul Colours and its competitors. This is 70% below median its historical median of 32.32. Over the past decade, Mehul Colours' Return-on-Tangible-Equity has ranged from 16.07 to 42.68. According to the industry distribution chart, Mehul Colours ranks #262 out of 1572 companies in the Chemicals industry, placing it in the top 16.7%.
Is Mehul Colours' Return-on-Tangible-Equity too high?
Mehul Colours' current Return-on-Tangible-Equity of 9.59% is 70% below median its 10-year median of 32.32. Over the past 10 years, this metric has ranged from a low of 16.07 to a high of 42.68. The Chemicals industry median Return-on-Tangible-Equity is 5.93. Mehul Colours' value of 9.59% is 61.9% above this industry median. Based on the distribution chart, Mehul Colours ranks #262 out of 1572 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Mehul Colours has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Mehul Colours' Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Mehul Colours ranks #262 out of 1572 companies for Return-on-Tangible-Equity. This places Mehul Colours in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.93. Mehul Colours' value of 9.59% is 61.9% above this benchmark. Historically, Mehul Colours' own Return-on-Tangible-Equity has ranged from 16.07 to 42.68 over the past decade. While the company's 10-year median is 32.32 vs. the industry median of 5.93, Mehul Colours 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 Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.93, based on 1,572 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. Mehul Colours's current Return-on-Tangible-Equity of 9.59% is 61.9% 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 Mehul Colours and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mehul Colours's current Return-on-Tangible-Equity is 9.59%, which is 70% below median its own 10-year median of 32.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mehul Colours stock overvalued right now?
Mehul Colours (BOM:544472) has a current Return-on-Tangible-Equity of 9.59%. The current Return-on-Tangible-Equity is 9.59%, which is 70% below median its 10-year median of 32.32 and 61.9% above the Chemicals industry median of 5.93. Mehul Colours' overall GF Score™ is 21/100 with 4 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 Mehul Colours (BOM:544472), the current Return-on-Tangible-Equity is 9.59% 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.
Mehul Colours Ltd is engaged in the manufacturing of masterbatches, which are used in the plastics industry to impart colour and enhance the functional properties of plastic products. Masterbatches are concentrated mixtures of pigments and additives that are uniformly dispersed in polymer carriers, facilitating the effective integration of colour and performance-enhancing properties into plastic products. In addition to manufacturing masterbatches, it is also engaged in the sale of pigments, which are blended by the company to create customized pigment solutions tailored to specific industry and customer requirements.
21GF Score
Get the complete analysis for BOM:544472
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:544472 has been successfully added to your 
