Simandhar Impex (BOM:544662) Return-on-Tangible-Equity: -8.26% (As of Jun. 2026)

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:544662 Simandhar Impex Ltd BOM:544662
10 GF Score
Price ₹159.70
! 5 Warning Signs
View Full Analysis

What is Simandhar Impex Return-on-Tangible-Equity?

Simandhar Impex BOM:544662 +3.63% 10 Return-on-Tangible-Equity is -8.26% as of Jun. 2026. GuruFocus rates BOM:544662 with a GF Score™ of 10/100. The stock has 5 warning signs investors should review. Among 1,065 Retail - Cyclical companies, Simandhar Impex ranks worse than 79.34% 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. Simandhar Impex's annualized net income for the quarter that ended in Jun. 2026 was ₹-2.62 Mil. Simandhar Impex's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ₹31.75 Mil. Therefore, Simandhar Impex's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was -8.26%.

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

BOM:544662' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.83   Med: 0.18   Max: 0.18
Current: -1.83

During the past 2 years, Simandhar Impex's highest Return-on-Tangible-Equity was 0.18%. The lowest was -1.83%. And the median was 0.18%.

BOM:544662's Return-on-Tangible-Equity is ranked worse than
79.34% of 1065 companies
in the Retail - Cyclical industry
Industry Median: 8.48 vs BOM:544662: -1.83

Simandhar Impex  (BOM:544662) 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.


Simandhar Impex Return-on-Tangible-Equity Related Terms


Simandhar Impex Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Simandhar Impex'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.

Simandhar Impex Return-on-Tangible-Equity Chart

Simandhar Impex Annual Data
Trend Mar25 Mar26
Return-on-Tangible-Equity
0.00 0.18

Simandhar Impex Quarterly Data
Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Return-on-Tangible-Equity Get a 7-Day Free Trial 0.00 -0.29 -6.47 7.79 -8.26

BOM:544662 vs TPR: Return-on-Tangible-Equity Comparison

For the Luxury Goods subindustry, Simandhar Impex'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.


Simandhar Impex Return-on-Tangible-Equity vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Simandhar Impex's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Simandhar Impex's Return-on-Tangible-Equity falls into.


BOM:544662
10GF Score
Simandhar Impex Ltd BOM:544662
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Simandhar Impex Return-on-Tangible-Equity Calculation

Simandhar Impex'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 )
=0.058/( (0+31.751 )/ 1 )
=0.058/31.751
=0.18 %

Simandhar Impex's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=-2.624/( (31.751+0)/ 1 )
=-2.624/31.751
=-8.26 %

* 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 four times the quarterly (Jun. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of -8.26% mean?
Simandhar Impex (BOM:544662) has a Return-on-Tangible-Equity of -8.26% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Simandhar Impex and its competitors. According to the industry distribution chart, Simandhar Impex ranks #845 out of 1065 companies in the Retail - Cyclical industry, placing it in the top 79.3%.
Is Simandhar Impex's Return-on-Tangible-Equity too high?
Simandhar Impex's current Return-on-Tangible-Equity is -8.26%. Based on the distribution chart, Simandhar Impex ranks #845 out of 1065 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Simandhar Impex has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Simandhar Impex's Return-on-Tangible-Equity compare to TPR?
According to the Retail - Cyclical industry distribution chart, Simandhar Impex ranks #845 out of 1065 companies for Return-on-Tangible-Equity. This places Simandhar Impex in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.48. 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.48, based on 1,065 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. 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 Simandhar Impex and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Simandhar Impex's current Return-on-Tangible-Equity is -8.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Simandhar Impex stock overvalued right now?
Simandhar Impex (BOM:544662) has a current Return-on-Tangible-Equity of -8.26%. The current Return-on-Tangible-Equity is -8.26%. Simandhar Impex's overall GF Score™ is 10/100 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 Simandhar Impex (BOM:544662), the current Return-on-Tangible-Equity is -8.26% as of Jun. 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.

Simandhar Impex Business Description

Address Ramchandra Extention Road, A-811/812, 8th Floor, Jaswanti Allied Business Centre, Kanchpada, Malad West, Mumbai, MH, IND, 400064
Simandhar Impex Ltd is engaged in the business of wholesale and retail trading of metals, bullion, precious stones, and jewellery, including gold, silver, platinum, diamonds, bronze, silver-plated articles, and others. The company focuses on the gold jewellery business, offering a diverse portfolio that includes chains, bangles, necklaces, pendants, bracelets, earrings, and other forms of jewellery, both studded and non-studded with pearls, diamonds, and other precious stones.
10GF Score

Get the complete analysis for BOM:544662

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

₹159.70
Price