Dhara Rail Projects (NSE:DHARARAIL) Return-on-Tangible-Equity: 86.05% (As of Sep. 2025) — 41% Above Median

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NSE:DHARARAIL Dhara Rail Projects Ltd NSE:DHARARAIL
11 GF Score
Price ₹126.50
! 3 Warning Signs
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What is Dhara Rail Projects Return-on-Tangible-Equity?

Dhara Rail Projects NSE:DHARARAIL -4.13% 11 Return-on-Tangible-Equity is 86.05% as of Sep. 2025, which is 41% above its 10-year median of 60.89. GuruFocus rates NSE:DHARARAIL with a GF Score™ of 11/100. The stock has 3 warning signs investors should review. Among 978 Transportation companies, Dhara Rail Projects ranks better than 90.18% 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. Dhara Rail Projects's annualized net income for the quarter that ended in Sep. 2025 was ₹141.3 Mil. Dhara Rail Projects's average shareholder tangible equity for the quarter that ended in Sep. 2025 was ₹164.2 Mil. Therefore, Dhara Rail Projects's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2025 was 86.05%.

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

NSE:DHARARAIL' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 31.4   Med: 60.89   Max: 67.85
Current: 43.03

During the past 3 years, Dhara Rail Projects's highest Return-on-Tangible-Equity was 67.85%. The lowest was 31.40%. And the median was 60.89%.

NSE:DHARARAIL's Return-on-Tangible-Equity is ranked better than
90.18% of 978 companies
in the Transportation industry
Industry Median: 8.87 vs NSE:DHARARAIL: 43.03

Dhara Rail Projects  (NSE:DHARARAIL) 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.


Dhara Rail Projects Return-on-Tangible-Equity Related Terms


Dhara Rail Projects Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Dhara Rail Projects'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.

Dhara Rail Projects Return-on-Tangible-Equity Chart

Dhara Rail Projects Annual Data
Trend Mar23 Mar24 Mar25
Return-on-Tangible-Equity
31.40 60.89 67.85

Dhara Rail Projects Semi-Annual Data
Mar23 Mar24 Mar25 Sep25
Return-on-Tangible-Equity 0.00 0.00 0.00 86.05

NSE:DHARARAIL vs UNP, CSX, NSC: Return-on-Tangible-Equity Comparison

For the Railroads subindustry, Dhara Rail Projects'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.


Dhara Rail Projects Return-on-Tangible-Equity vs Transportation Industry

For the Transportation industry and Industrials sector, Dhara Rail Projects's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Dhara Rail Projects's Return-on-Tangible-Equity falls into.


NSE:DHARARAIL
11GF Score
Dhara Rail Projects Ltd NSE:DHARARAIL
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Dhara Rail Projects Return-on-Tangible-Equity Calculation

Dhara Rail Projects's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=65.278/( (63.576+128.856 )/ 2 )
=65.278/96.216
=67.85 %

Dhara Rail Projects's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2025 )  (Q: Mar. 2025 )(Q: Sep. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2025 )  (Q: Mar. 2025 )(Q: Sep. 2025 )
=141.272/( (128.856+199.492)/ 2 )
=141.272/164.174
=86.05 %

* 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 (Sep. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 86.05% mean?
Dhara Rail Projects (NSE:DHARARAIL) has a Return-on-Tangible-Equity of 86.05% as of Sep. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Dhara Rail Projects and its competitors. This is 41% above median its historical median of 60.89. Over the past decade, Dhara Rail Projects' Return-on-Tangible-Equity has ranged from 31.40 to 67.85. According to the industry distribution chart, Dhara Rail Projects ranks #96 out of 978 companies in the Transportation industry, placing it in the top 9.8%.
Is Dhara Rail Projects' Return-on-Tangible-Equity too high?
Dhara Rail Projects' current Return-on-Tangible-Equity of 86.05% is 41% above median its 10-year median of 60.89. Over the past 10 years, this metric has ranged from a low of 31.40 to a high of 67.85. The Transportation industry median Return-on-Tangible-Equity is 8.87. Dhara Rail Projects' value of 86.05% is 870.1% above this industry median. Based on the distribution chart, Dhara Rail Projects ranks #96 out of 978 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Dhara Rail Projects has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Dhara Rail Projects' Return-on-Tangible-Equity compare to UNP and CSX?
According to the Transportation industry distribution chart, Dhara Rail Projects ranks #96 out of 978 companies for Return-on-Tangible-Equity. This places Dhara Rail Projects in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.87. Dhara Rail Projects' value of 86.05% is 870.1% above this benchmark. Historically, Dhara Rail Projects' own Return-on-Tangible-Equity has ranged from 31.40 to 67.85 over the past decade. While the company's 10-year median is 60.89 vs. the industry median of 8.87, Dhara Rail Projects 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.87, based on 978 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. Dhara Rail Projects's current Return-on-Tangible-Equity of 86.05% is 870.1% 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 Dhara Rail Projects and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dhara Rail Projects's current Return-on-Tangible-Equity is 86.05%, which is 41% above median its own 10-year median of 60.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dhara Rail Projects stock overvalued right now?
Dhara Rail Projects (NSE:DHARARAIL) has a current Return-on-Tangible-Equity of 86.05%. The current Return-on-Tangible-Equity is 86.05%, which is 41% above median its 10-year median of 60.89 and 870.1% above the Transportation industry median of 8.87. Dhara Rail Projects' overall GF Score™ is 11/100 with 3 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 Dhara Rail Projects (NSE:DHARARAIL), the current Return-on-Tangible-Equity is 86.05% as of Sep. 2025. 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.

Dhara Rail Projects Business Description

Address Mama Parmanand Marg, Opera House, 208, 2nd Floor, Plot-16, The Jewel Roxy Chambers, Girgaon, Mumbai, MH, IND, 400004
Dhara Rail Projects Ltd is engaged in the business of executing various types of contractual railway projects and related services which include Annual Maintenance Contracts (AMC) and repair services for a wide range of railway rolling stock systems. Its services include annual maintenance and repair of train lighting equipment across all rolling stock categories, along with annual maintenance and repair for Overhead Equipment (OHE) maintenance vehicles (Tower Wagons), Power Car equipment and HVAC systems. The company generates revenue in the form of contractual Income from Railways Projects.
11GF Score

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

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