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Foseco India (NSE:FOSECOIND) Return-on-Tangible-Equity : 25.27% (As of Mar. 2025)


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What is Foseco India Return-on-Tangible-Equity?

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. Foseco India's annualized net income for the quarter that ended in Mar. 2025 was ₹867 Mil. Foseco India's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ₹3,430 Mil. Therefore, Foseco India's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 25.27%.

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

NSE:FOSECOIND' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.72   Med: 22.1   Max: 30.85
Current: 25.35

During the past 13 years, Foseco India's highest Return-on-Tangible-Equity was 30.85%. The lowest was 8.72%. And the median was 22.10%.

NSE:FOSECOIND's Return-on-Tangible-Equity is ranked better than
93.22% of 1534 companies
in the Chemicals industry
Industry Median: 5.4 vs NSE:FOSECOIND: 25.35

Foseco India Return-on-Tangible-Equity Historical Data

The historical data trend for Foseco 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.

* Premium members only.

Foseco India Return-on-Tangible-Equity Chart

Foseco India Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.72 16.70 20.54 27.79 23.21

Foseco India Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.15 24.36 25.18 22.79 25.27

Competitive Comparison of Foseco India's Return-on-Tangible-Equity

For the Chemicals subindustry, Foseco 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.


Foseco India's Return-on-Tangible-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Foseco India's Return-on-Tangible-Equity distribution charts can be found below:

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


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Foseco India Return-on-Tangible-Equity Calculation

Foseco India's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=730.274/( (2861.967+3430.227 )/ 2 )
=730.274/3146.097
=23.21 %

Foseco India's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=866.748/( (3430.227+0)/ 1 )
=866.748/3430.227
=25.27 %

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


Foseco India  (NSE:FOSECOIND) 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.


Foseco India Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Foseco India's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Foseco India Business Description

Traded in Other Exchanges
Address
Gat Nos. 922 and 923, Sanaswadi, Taluka Shirur, Pune, MH, IND, 412208
Foseco India Ltd is engaged in the manufacture of products used in the metallurgical industry. Its products are additives and consumables that improve the physical properties and performance of castings. Some of its products are; INSTA Coatings which is a water-based powder coating for ferrous castings, SEMO CC Coatings, and SEMCO FDC among others. The company supplies castings to various segments like Automotive, Tractors, General Engineering, Valves, Power, Railways, etc. The manufacturing activities are at Sanaswadi, Pune, and Puducherry. Its solutions are categorized as Foundry, Iron & Steel, and Industrial Processes. The company generates a majority of its revenue from its business in India.

Foseco India Headlines

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