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Borana WeavesNSE:BORANA -0.30%18 Return-on-Tangible-Equity is 24.44% as of Mar. 2026, which is 71% below its 10-year median of 84.29. GuruFocus rates NSE:BORANA with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 1,015 Manufacturing - Apparel & Accessories companies, Borana Weaves ranks better than 90.34% 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. Borana Weaves's annualized net income for the quarter that ended in Mar. 2026 was ₹688 Mil. Borana Weaves's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹2,816 Mil. Therefore, Borana Weaves's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 24.44%.
The historical rank and industry rank for Borana Weaves's Return-on-Tangible-Equity or its related term are showing as below:
NSE:BORANA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 22.95 Med: 84.29 Max: 125.78
Current: 24.5
During the past 5 years, Borana Weaves's highest Return-on-Tangible-Equity was 125.78%. The lowest was 22.95%. And the median was 84.29%.
NSE:BORANA's Return-on-Tangible-Equity is ranked better than 90.34% of 1015
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43
vs NSE:BORANA: 24.50
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.
Borana Weaves Return-on-Tangible-Equity Related Terms
Borana Weaves Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Borana Weaves'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.
For the Textile Manufacturing subindustry, Borana Weaves'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.
Borana Weaves Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Borana Weaves's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Borana Weaves'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 four times the quarterly (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 24.44% mean?
Borana Weaves (NSE:BORANA) has a Return-on-Tangible-Equity of 24.44% 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 Borana Weaves and its competitors. This is 71% below median its historical median of 84.29. Over the past decade, Borana Weaves' Return-on-Tangible-Equity has ranged from 22.95 to 125.78. According to the industry distribution chart, Borana Weaves ranks #98 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 9.7%.
Is Borana Weaves' Return-on-Tangible-Equity too high?
Borana Weaves' current Return-on-Tangible-Equity of 24.44% is 71% below median its 10-year median of 84.29. Over the past 10 years, this metric has ranged from a low of 22.95 to a high of 125.78. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. Borana Weaves' value of 24.44% is 451.7% above this industry median. Based on the distribution chart, Borana Weaves ranks #98 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Borana Weaves has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Borana Weaves' Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Borana Weaves ranks #98 out of 1015 companies for Return-on-Tangible-Equity. This places Borana Weaves in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.43. Borana Weaves' value of 24.44% is 451.7% above this benchmark. Historically, Borana Weaves' own Return-on-Tangible-Equity has ranged from 22.95 to 125.78 over the past decade. While the company's 10-year median is 84.29 vs. the industry median of 4.43, Borana Weaves 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 4.43, based on 1,015 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. Borana Weaves's current Return-on-Tangible-Equity of 24.44% is 451.7% 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 Borana Weaves and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Borana Weaves's current Return-on-Tangible-Equity is 24.44%, which is 71% below median its own 10-year median of 84.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borana Weaves stock overvalued right now?
Borana Weaves (NSE:BORANA) has a current Return-on-Tangible-Equity of 24.44%. The current Return-on-Tangible-Equity is 24.44%, which is 71% below median its 10-year median of 84.29 and 451.7% above the Manufacturing - Apparel & Accessories industry median of 4.43. Borana Weaves' overall GF Score™ is 18/100 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 Borana Weaves (NSE:BORANA), the current Return-on-Tangible-Equity is 24.44% 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.
Borana Weaves Ltd is a manufacturer of unbleached synthetic grey fabric based in Surat, Gujarat. The company's unbleached synthetic grey fabric is often widely used as a base for further processing (including dyeing and printing) in industries such as fashion, traditional textiles, technical textiles, home decor, interior design and others.
18GF Score
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