Dollex Agrotech (NSE:DOLLEX) Return-on-Tangible-Equity: 15.08% (As of Mar. 2026) — 15% Above Median


NSE:DOLLEX Dollex Agrotech Ltd NSE:DOLLEX
72 GF Score
Price ₹29.25
GF Value ₹44.96
Valuation Possible Value Trap
! 9 Warning Signs
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What is Dollex Agrotech Return-on-Tangible-Equity?

Dollex Agrotech NSE:DOLLEX +2.81% 72 Return-on-Tangible-Equity is 15.08% as of Mar. 2026, which is 15% above its 10-year median of 13.12. GuruFocus rates NSE:DOLLEX with a GF Score™ of 72/100 and a GF Value™ of ₹44.96 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,878 Consumer Packaged Goods companies, Dollex Agrotech ranks better than 51.22% 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. Dollex Agrotech's annualized net income for the quarter that ended in Mar. 2026 was ₹186 Mil. Dollex Agrotech's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,230 Mil. Therefore, Dollex Agrotech's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 15.08%.

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

NSE:DOLLEX' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5   Med: 13.12   Max: 16.09
Current: 8.27

During the past 7 years, Dollex Agrotech's highest Return-on-Tangible-Equity was 16.09%. The lowest was 5.00%. And the median was 13.12%.

NSE:DOLLEX's Return-on-Tangible-Equity is ranked better than
51.22% of 1878 companies
in the Consumer Packaged Goods industry
Industry Median: 7.78 vs NSE:DOLLEX: 8.27

Dollex Agrotech  (NSE:DOLLEX) 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.


Dollex Agrotech Return-on-Tangible-Equity Related Terms


Dollex Agrotech Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Dollex Agrotech'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.

Dollex Agrotech Return-on-Tangible-Equity Chart

Dollex Agrotech Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial 13.17 16.09 13.12 13.43 8.91

Dollex Agrotech Quarterly Data
Mar20 Mar21 Mar22 Jun22 Sep22 Mar23 Sep23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.03 10.60 1.25 5.72 15.08

NSE:DOLLEX vs MDLZ, HSY, TR: Return-on-Tangible-Equity Comparison

For the Confectioners subindustry, Dollex Agrotech'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.


Dollex Agrotech Return-on-Tangible-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dollex Agrotech's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Dollex Agrotech's Return-on-Tangible-Equity falls into.


NSE:DOLLEX
72GF Score
Dollex Agrotech Ltd NSE:DOLLEX
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dollex Agrotech Return-on-Tangible-Equity Calculation

Dollex Agrotech's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=84.161/( (658.9+1229.993 )/ 2 )
=84.161/944.4465
=8.91 %

Dollex Agrotech's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=185.524/( (0+1229.993)/ 1 )
=185.524/1229.993
=15.08 %

* 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 15.08% mean?
Dollex Agrotech (NSE:DOLLEX) has a Return-on-Tangible-Equity of 15.08% 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 Dollex Agrotech and its competitors. This is 15% above median its historical median of 13.12. Over the past decade, Dollex Agrotech's Return-on-Tangible-Equity has ranged from 5.00 to 16.09. According to the industry distribution chart, Dollex Agrotech ranks #916 out of 1878 companies in the Consumer Packaged Goods industry, placing it in the top 48.8%.
Is Dollex Agrotech's Return-on-Tangible-Equity too high?
Dollex Agrotech's current Return-on-Tangible-Equity of 15.08% is 15% above median its 10-year median of 13.12. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 16.09. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.78. Dollex Agrotech's value of 15.08% is 93.8% above this industry median. Based on the distribution chart, Dollex Agrotech ranks #916 out of 1878 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Dollex Agrotech has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dollex Agrotech's Return-on-Tangible-Equity compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Dollex Agrotech ranks #916 out of 1878 companies for Return-on-Tangible-Equity. This puts Dollex Agrotech in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.78. Dollex Agrotech's value of 15.08% is 93.8% above this benchmark. Historically, Dollex Agrotech's own Return-on-Tangible-Equity has ranged from 5.00 to 16.09 over the past decade. While the company's 10-year median is 13.12 vs. the industry median of 7.78, Dollex Agrotech 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.78, based on 1,878 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. Dollex Agrotech's current Return-on-Tangible-Equity of 15.08% is 93.8% 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 Dollex Agrotech and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dollex Agrotech's current Return-on-Tangible-Equity is 15.08%, which is 15% above median its own 10-year median of 13.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dollex Agrotech stock overvalued right now?
Based on GuruFocus' analysis, Dollex Agrotech (NSE:DOLLEX) is currently considered Possible Value Trap. The stock's GF Value™ is ₹44.96, compared to a current price of ₹29.25 — trading 34.9% below its estimated fair value. The current Return-on-Tangible-Equity is 15.08%, which is 15% above median its 10-year median of 13.12 and 93.8% above the Consumer Packaged Goods industry median of 7.78. Dollex Agrotech's overall GF Score™ is 72/100 with 9 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 Dollex Agrotech (NSE:DOLLEX), the current Return-on-Tangible-Equity is 15.08% 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 Dollex Agrotech (NSE:DOLLEX) Overvalued in 2026?

Based on GuruFocus' analysis, Dollex Agrotech stock appears to be undervalued. The current stock price of ₹29.25 is trading 34.9% below its estimated GF Value™ of ₹44.96. GuruFocus considers Dollex Agrotech to be Possible Value Trap.

Key valuation signals for NSE:DOLLEX:

  • Return-on-Tangible-Equity: 15.08% (15% above median its 10-year median of 13.12)
  • GF Value™: ₹44.96 vs. price of ₹29.25 (34.9% below fair value)
  • GF Score™: 72/100 with 9 warning signs
  • Industry Position: 93.8% above the Consumer Packaged Goods median (#916 of 1878)

No single metric tells the full story. See the NSE:DOLLEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dollex Agrotech Business Description

Address 19/1 Manorama Ganj, 205, Naroli Arcade, Near Palasia Square, Indore, MP, IND, 452001
Dollex Agrotech Ltd is engaged in the business of manufacturing and trading sugar with captive power cogeneration capabilities. The company produces and sells its primary products, which include jaggery powder, khandsari sugar, and sells by-products such as molasses, press mud, and bagasse. The bagasse generated produces power, enabling captive power generation up to 3 MW. The company operates through two segments: trading and manufacturing, with the manufacturing segment generating the maximum revenue.
72GF Score

Get the complete analysis for NSE:DOLLEX

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

₹29.25
Price
₹44.96
GF Value