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Gulf Lloyds IndiaBOM:544834 +0.43%15 Return-on-Tangible-Equity is 37.73% as of Mar. 2026, which is 9% below its 10-year median of 41.36. GuruFocus rates BOM:544834 with a GF Score™ of 15/100. The stock has 2 warning signs investors should review. Among 1,008 Business Services companies, Gulf Lloyds India ranks better than 82.14% 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. Gulf Lloyds India's annualized net income for the quarter that ended in Mar. 2026 was ₹47.0 Mil. Gulf Lloyds India's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹124.5 Mil. Therefore, Gulf Lloyds India's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 37.73%.
The historical rank and industry rank for Gulf Lloyds India's Return-on-Tangible-Equity or its related term are showing as below:
BOM:544834'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 37.5 Med: 41.36 Max: 66.77
Current: 37.71
During the past 4 years, Gulf Lloyds India's highest Return-on-Tangible-Equity was 66.77%. The lowest was 37.50%. And the median was 41.36%.
BOM:544834's Return-on-Tangible-Equity is ranked better than 82.14% of 1008
companies
in the Business Services industry
Industry Median: 11.365
vs BOM:544834: 37.71
Gulf Lloyds India (BOM:544834) 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.
Gulf Lloyds India Return-on-Tangible-Equity Related Terms
Gulf Lloyds India Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Gulf Lloyds 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.
Gulf Lloyds India Return-on-Tangible-Equity Chart
Gulf Lloyds India Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Return-on-Tangible-Equity
38.79
43.93
66.77
37.50
Gulf Lloyds India Semi-Annual Data
Mar23
Mar24
Mar25
Sep25
Mar26
Return-on-Tangible-Equity
0.00
0.00
0.00
37.93
37.73
BOM:544834 vs CTAS, CPRT, GPN: Return-on-Tangible-Equity Comparison
For the Specialty Business Services subindustry, Gulf Lloyds 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.
Gulf Lloyds India Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Gulf Lloyds India's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Gulf Lloyds 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 37.73% mean?
Gulf Lloyds India (BOM:544834) has a Return-on-Tangible-Equity of 37.73% 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 Gulf Lloyds India and its competitors. This is near median its historical median of 41.36. Over the past decade, Gulf Lloyds India's Return-on-Tangible-Equity has ranged from 37.50 to 66.77. According to the industry distribution chart, Gulf Lloyds India ranks #180 out of 1008 companies in the Business Services industry, placing it in the top 17.9%.
Is Gulf Lloyds India's Return-on-Tangible-Equity too high?
Gulf Lloyds India's current Return-on-Tangible-Equity of 37.73% is near median its 10-year median of 41.36. Over the past 10 years, this metric has ranged from a low of 37.50 to a high of 66.77. The Business Services industry median Return-on-Tangible-Equity is 11.37. Gulf Lloyds India's value of 37.73% is 232% above this industry median. Based on the distribution chart, Gulf Lloyds India ranks #180 out of 1008 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Gulf Lloyds India has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Gulf Lloyds India's Return-on-Tangible-Equity compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Gulf Lloyds India ranks #180 out of 1008 companies for Return-on-Tangible-Equity. This places Gulf Lloyds India in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 11.37. Gulf Lloyds India's value of 37.73% is 232% above this benchmark. Historically, Gulf Lloyds India's own Return-on-Tangible-Equity has ranged from 37.50 to 66.77 over the past decade. While the company's 10-year median is 41.36 vs. the industry median of 11.37, Gulf Lloyds India 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 11.37, based on 1,008 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. Gulf Lloyds India's current Return-on-Tangible-Equity of 37.73% is 232% 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 Gulf Lloyds India and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 11.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gulf Lloyds India's current Return-on-Tangible-Equity is 37.73%, which is near median its own 10-year median of 41.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gulf Lloyds India stock overvalued right now?
Gulf Lloyds India (BOM:544834) has a current Return-on-Tangible-Equity of 37.73%. The current Return-on-Tangible-Equity is 37.73%, which is near median its 10-year median of 41.36 and 232% above the Business Services industry median of 11.37. Gulf Lloyds India's overall GF Score™ is 15/100 with 2 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 Gulf Lloyds India (BOM:544834), the current Return-on-Tangible-Equity is 37.73% 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.
Gulf Lloyds India Ltd is engaged in the business of Third Party Inspection Services. The company provides Third-Party Inspection, Auditing, Testing, Training and Certification services across various industries and regions. It serves the Government, Public and Private Sector Organizations involved in Onshore, Offshore & Marine activities. The company operates in only one segment. The majority of the company's revenue is derived from the provision of Inspection Services.
15GF Score
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