Game Changers Texfab (BOM:544594) Return-on-Tangible-Equity: 37.11% (As of Mar. 2026) — Near Median

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:544594 Game Changers Texfab Ltd BOM:544594
18 GF Score
Price ₹104.50
! 4 Warning Signs
View Full Analysis

What is Game Changers Texfab Return-on-Tangible-Equity?

Game Changers Texfab BOM:544594 +1.46% 18 Return-on-Tangible-Equity is 37.11% as of Mar. 2026, which is 9% above its 10-year median of 34.08. GuruFocus rates BOM:544594 with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 1,019 Manufacturing - Apparel & Accessories companies, Game Changers Texfab ranks better than 86.56% 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. Game Changers Texfab's annualized net income for the quarter that ended in Mar. 2026 was ₹198.5 Mil. Game Changers Texfab's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹535.0 Mil. Therefore, Game Changers Texfab's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 37.11%.

The historical rank and industry rank for Game Changers Texfab's Return-on-Tangible-Equity or its related term are showing as below:

BOM:544594' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.85   Med: 34.08   Max: 83.35
Current: 18.55

During the past 5 years, Game Changers Texfab's highest Return-on-Tangible-Equity was 83.35%. The lowest was 4.85%. And the median was 34.08%.

BOM:544594's Return-on-Tangible-Equity is ranked better than
86.56% of 1019 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.41 vs BOM:544594: 18.55

Game Changers Texfab  (BOM:544594) 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.


Game Changers Texfab Return-on-Tangible-Equity Related Terms


Game Changers Texfab Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Game Changers Texfab'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.

Game Changers Texfab Return-on-Tangible-Equity Chart

Game Changers Texfab Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
4.85 13.78 62.75 83.35 34.08

Game Changers Texfab Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity 0.00 0.00 0.00 95.15 37.11

Game Changers Texfab Return-on-Tangible-Equity Competitor Comparison

For the Textile Manufacturing subindustry, Game Changers Texfab'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.


Game Changers Texfab Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Game Changers Texfab's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Game Changers Texfab's Return-on-Tangible-Equity falls into.


BOM:544594
18GF Score
Game Changers Texfab Ltd BOM:544594
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Game Changers Texfab Return-on-Tangible-Equity Calculation

Game Changers Texfab'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 )
=182.331/( (200.171+869.734 )/ 2 )
=182.331/534.9525
=34.08 %

Game Changers Texfab'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: Mar. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Mar. 2025 )(Q: Mar. 2026 )
=198.496/( (200.171+869.734)/ 2 )
=198.496/534.9525
=37.11 %

* 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 37.11% mean?
Game Changers Texfab (BOM:544594) has a Return-on-Tangible-Equity of 37.11% 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 Game Changers Texfab and its competitors. This is near median its historical median of 34.08. Over the past decade, Game Changers Texfab's Return-on-Tangible-Equity has ranged from 4.85 to 83.35. According to the industry distribution chart, Game Changers Texfab ranks #137 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 13.4%.
Is Game Changers Texfab's Return-on-Tangible-Equity too high?
Game Changers Texfab's current Return-on-Tangible-Equity of 37.11% is near median its 10-year median of 34.08. Over the past 10 years, this metric has ranged from a low of 4.85 to a high of 83.35. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.41. Game Changers Texfab's value of 37.11% is 741.5% above this industry median. Based on the distribution chart, Game Changers Texfab ranks #137 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Game Changers Texfab has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Game Changers Texfab's Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Game Changers Texfab ranks #137 out of 1019 companies for Return-on-Tangible-Equity. This places Game Changers Texfab in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.41. Game Changers Texfab's value of 37.11% is 741.5% above this benchmark. Historically, Game Changers Texfab's own Return-on-Tangible-Equity has ranged from 4.85 to 83.35 over the past decade. While the company's 10-year median is 34.08 vs. the industry median of 4.41, Game Changers Texfab 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.41, based on 1,019 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. Game Changers Texfab's current Return-on-Tangible-Equity of 37.11% is 741.5% 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 Game Changers Texfab and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Game Changers Texfab's current Return-on-Tangible-Equity is 37.11%, which is near median its own 10-year median of 34.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Game Changers Texfab stock overvalued right now?
Game Changers Texfab (BOM:544594) has a current Return-on-Tangible-Equity of 37.11%. The current Return-on-Tangible-Equity is 37.11%, which is near median its 10-year median of 34.08 and 741.5% above the Manufacturing - Apparel & Accessories industry median of 4.41. Game Changers Texfab's overall GF Score™ is 18/100 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 Game Changers Texfab (BOM:544594), the current Return-on-Tangible-Equity is 37.11% 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.

Game Changers Texfab Business Description

Address 135/1, Gurugram, Udyog Vihar, Sector 20, Gurgaon, HR, IND, 122001
Game Changers Texfab Ltd is engaged in the business of trading of Fabric and fabric products. It specializes in sourcing and supplying a wide range of fabric solutions, predominantly focused on women's wear fabrics and technical textiles fabrics, including outdoor and PVC-coated fabrics for a variety of uses such as awnings, outdoor furniture upholstery, tarpaulins, sports goods, tents, etc. It has two brands, namely TradeUNO and Fall in Love. TradeUNO focuses on offering a diverse range of premium fabrics to businesses as well as retail customers, and Fall In Love focuses on ready-made and made-to-measure garments. Revenue is generated through fabric sales to export houses, boutiques, and retail clients across India.
18GF Score

Get the complete analysis for BOM:544594

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

₹104.50
Price