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.
Kanishk Aluminium IndiaBOM:544693 14 Return-on-Tangible-Equity is 10.93% as of Mar. 2026, which is 31% below its 10-year median of 15.73. GuruFocus rates BOM:544693 with a GF Score™ of 14/100. The stock has 5 warning signs investors should review. Among 2,385 Metals & Mining companies, Kanishk Aluminium India ranks better than 77.32% 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. Kanishk Aluminium India's annualized net income for the quarter that ended in Mar. 2026 was ₹33.9 Mil. Kanishk Aluminium India's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹309.6 Mil. Therefore, Kanishk Aluminium India's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 10.93%.
The historical rank and industry rank for Kanishk Aluminium India's Return-on-Tangible-Equity or its related term are showing as below:
BOM:544693'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.47 Med: 15.73 Max: 34.79
Current: 5.47
During the past 5 years, Kanishk Aluminium India's highest Return-on-Tangible-Equity was 34.79%. The lowest was 5.47%. And the median was 15.73%.
BOM:544693's Return-on-Tangible-Equity is ranked better than 77.32% of 2385
companies
in the Metals & Mining industry
Industry Median: -16.49
vs BOM:544693: 5.47
Kanishk Aluminium India (BOM:544693) 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.
Kanishk Aluminium India Return-on-Tangible-Equity Related Terms
Kanishk Aluminium India Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Kanishk Aluminium India'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.
Kanishk Aluminium India Return-on-Tangible-Equity Chart
Kanishk Aluminium India Annual Data
Trend
Mar22
Mar23
Mar24
Mar25
Mar26
Return-on-Tangible-Equity
6.02
34.79
15.73
20.33
13.30
Kanishk Aluminium India Semi-Annual Data
Mar22
Mar23
Mar24
Mar25
Mar26
Return-on-Tangible-Equity
0.00
0.00
0.00
28.00
10.93
BOM:544693 vs AA: Return-on-Tangible-Equity Comparison
For the Aluminum subindustry, Kanishk Aluminium India'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.
Kanishk Aluminium India Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Kanishk Aluminium India's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Kanishk Aluminium India'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 10.93% mean?
Kanishk Aluminium India (BOM:544693) has a Return-on-Tangible-Equity of 10.93% 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 Kanishk Aluminium India and its competitors. This is 31% below median its historical median of 15.73. Over the past decade, Kanishk Aluminium India's Return-on-Tangible-Equity has ranged from 5.47 to 34.79. According to the industry distribution chart, Kanishk Aluminium India ranks #541 out of 2385 companies in the Metals & Mining industry, placing it in the top 22.7%.
Is Kanishk Aluminium India's Return-on-Tangible-Equity too high?
Kanishk Aluminium India's current Return-on-Tangible-Equity of 10.93% is 31% below median its 10-year median of 15.73. Over the past 10 years, this metric has ranged from a low of 5.47 to a high of 34.79. Based on the distribution chart, Kanishk Aluminium India ranks #541 out of 2385 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Kanishk Aluminium India has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Kanishk Aluminium India's Return-on-Tangible-Equity compare to AA?
According to the Metals & Mining industry distribution chart, Kanishk Aluminium India ranks #541 out of 2385 companies for Return-on-Tangible-Equity. This places Kanishk Aluminium India in the top 23% of its industry — outperforming the majority of peers. Historically, Kanishk Aluminium India's own Return-on-Tangible-Equity has ranged from 5.47 to 34.79 over the past decade. 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 Metals & Mining company?
A good Return-on-Tangible-Equity depends on the Metals & Mining industry context. 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 Kanishk Aluminium India and its competitors. Kanishk Aluminium India's current Return-on-Tangible-Equity is 10.93%, which is 31% below median its own 10-year median of 15.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanishk Aluminium India stock overvalued right now?
Kanishk Aluminium India (BOM:544693) has a current Return-on-Tangible-Equity of 10.93%. The current Return-on-Tangible-Equity is 10.93%, which is 31% below median its 10-year median of 15.73. Kanishk Aluminium India's overall GF Score™ is 14/100 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 Kanishk Aluminium India (BOM:544693), the current Return-on-Tangible-Equity is 10.93% 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.
Kanishk Aluminium India Ltd is specialized in manufacturing a comprehensive range of aluminium extrusion products, including solid & hollow section profiles, solar profiles, railings, heatsinks and sliding / fixed windows and doors profiles. Its products serve a diverse array of industries, such as electronics, automotive, mechanical, solar, furniture, transport, electrical, and architecture.
14GF Score
Get the complete analysis for BOM:544693
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:544693 has been successfully added to your 
