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Dodla DairyNSE:DODLA +2.30%88 Return-on-Tangible-Equity is 19.66% as of Mar. 2026, which is 9% above its 10-year median of 18.04. GuruFocus rates NSE:DODLA with a GF Score™ of 88/100 and a GF Value™ of ₹1,337.92 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 301 Retail - Defensive companies, Dodla Dairy ranks better than 68.44% 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. Dodla Dairy's annualized net income for the quarter that ended in Mar. 2026 was ₹2,789 Mil. Dodla Dairy's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹14,187 Mil. Therefore, Dodla Dairy's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 19.66%.
The historical rank and industry rank for Dodla Dairy's Return-on-Tangible-Equity or its related term are showing as below:
NSE:DODLA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.54 Med: 18.04 Max: 25.53
Current: 19.81
During the past 9 years, Dodla Dairy's highest Return-on-Tangible-Equity was 25.53%. The lowest was 13.54%. And the median was 18.04%.
NSE:DODLA's Return-on-Tangible-Equity is ranked better than 68.44% of 301
companies
in the Retail - Defensive industry
Industry Median: 10.95
vs NSE:DODLA: 19.81
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.
Dodla Dairy Return-on-Tangible-Equity Related Terms
Dodla Dairy Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Dodla Dairy'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.
NSE:DODLA vs SYY, USFD, PFGC: Return-on-Tangible-Equity Comparison
For the Food Distribution subindustry, Dodla Dairy'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.
Dodla Dairy Return-on-Tangible-Equity vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Dodla Dairy's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Dodla Dairy'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 19.66% mean?
Dodla Dairy (NSE:DODLA) has a Return-on-Tangible-Equity of 19.66% 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 Dodla Dairy and its competitors. This is near median its historical median of 18.04. Over the past decade, Dodla Dairy's Return-on-Tangible-Equity has ranged from 13.54 to 25.53. According to the industry distribution chart, Dodla Dairy ranks #95 out of 301 companies in the Retail - Defensive industry, placing it in the top 31.6%.
Is Dodla Dairy's Return-on-Tangible-Equity too high?
Dodla Dairy's current Return-on-Tangible-Equity of 19.66% is near median its 10-year median of 18.04. Over the past 10 years, this metric has ranged from a low of 13.54 to a high of 25.53. The Retail - Defensive industry median Return-on-Tangible-Equity is 10.95. Dodla Dairy's value of 19.66% is 79.5% above this industry median. Based on the distribution chart, Dodla Dairy ranks #95 out of 301 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Dodla Dairy has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dodla Dairy's Return-on-Tangible-Equity compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Dodla Dairy ranks #95 out of 301 companies for Return-on-Tangible-Equity. This puts Dodla Dairy in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.95. Dodla Dairy's value of 19.66% is 79.5% above this benchmark. Historically, Dodla Dairy's own Return-on-Tangible-Equity has ranged from 13.54 to 25.53 over the past decade. While the company's 10-year median is 18.04 vs. the industry median of 10.95, Dodla Dairy 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 Retail - Defensive company?
The median Return-on-Tangible-Equity among Retail - Defensive companies is 10.95, based on 301 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. Dodla Dairy's current Return-on-Tangible-Equity of 19.66% is 79.5% 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 Dodla Dairy and its competitors. For the Retail - Defensive industry, the median Return-on-Tangible-Equity is 10.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dodla Dairy's current Return-on-Tangible-Equity is 19.66%, which is near median its own 10-year median of 18.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dodla Dairy stock overvalued right now?
Based on GuruFocus' analysis, Dodla Dairy (NSE:DODLA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,337.92, compared to a current price of ₹1,061.20 — trading 20.7% below its estimated fair value. The current Return-on-Tangible-Equity is 19.66%, which is near median its 10-year median of 18.04 and 79.5% above the Retail - Defensive industry median of 10.95. Dodla Dairy's overall GF Score™ is 88/100 with 4 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 Dodla Dairy (NSE:DODLA), the current Return-on-Tangible-Equity is 19.66% 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.
Is Dodla Dairy (NSE:DODLA) Overvalued in 2026?
Based on GuruFocus' analysis, Dodla Dairy stock appears to be undervalued.
The current stock price of ₹1,061.20 is trading 20.7% below its estimated GF Value™ of ₹1,337.92.
GuruFocus considers Dodla Dairy to be Modestly Undervalued.
Key valuation signals for NSE:DODLA:
Return-on-Tangible-Equity: 19.66% (near median its 10-year median of 18.04)
GF Value™: ₹1,337.92 vs. price of ₹1,061.20 (20.7% below fair value)
Industry Position: 79.5% above the Retail - Defensive median (#95 of 301)
No single metric tells the full story. See the NSE:DODLA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dodla Dairy Ltd is an integrated dairy company based in south India. The company is engaged in one business segment namely the Food segment. It offers a range of milk products comprising of Fresh Milk, Butter, Ghee, Paneer, Curd, Flavoured Milk, Doodh Peda, Ice Cream, and Skimmed Milk Powder. The group sells the products in India and Outside India, of which key revenue is derived from India.
88GF Score
Get the complete analysis for NSE:DODLA
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