Gujarat Industries Power Co (NSE:GIPCL) Return-on-Tangible-Equity: 34.05% (As of Mar. 2026) — 401% Above Median


NSE:GIPCL Gujarat Industries Power Co Ltd NSE:GIPCL
77 GF Score
Price ₹159.40
GF Value ₹212.44
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Gujarat Industries Power Co Return-on-Tangible-Equity?

Gujarat Industries Power Co NSE:GIPCL -1.81% 77 Return-on-Tangible-Equity is 34.05% as of Mar. 2026, which is 401% above its 10-year median of 6.79. GuruFocus rates NSE:GIPCL with a GF Score™ of 77/100 and a GF Value™ of ₹212.44 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 498 Utilities - Regulated companies, Gujarat Industries Power Co ranks better than 51.2% 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. Gujarat Industries Power Co's annualized net income for the quarter that ended in Mar. 2026 was ₹13,074 Mil. Gujarat Industries Power Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹38,393 Mil. Therefore, Gujarat Industries Power Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 34.05%.

The historical rank and industry rank for Gujarat Industries Power Co's Return-on-Tangible-Equity or its related term are showing as below:

NSE:GIPCL' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.81   Med: 6.79   Max: 11.08
Current: 11.08

During the past 13 years, Gujarat Industries Power Co's highest Return-on-Tangible-Equity was 11.08%. The lowest was 5.81%. And the median was 6.79%.

NSE:GIPCL's Return-on-Tangible-Equity is ranked better than
51.2% of 498 companies
in the Utilities - Regulated industry
Industry Median: 10.91 vs NSE:GIPCL: 11.08

Gujarat Industries Power Co  (NSE:GIPCL) 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.


Gujarat Industries Power Co Return-on-Tangible-Equity Related Terms


Gujarat Industries Power Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Gujarat Industries Power Co'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.

Gujarat Industries Power Co Return-on-Tangible-Equity Chart

Gujarat Industries Power Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.81 6.09 6.15 6.19 10.93

Gujarat Industries Power Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.92 6.53 2.41 -0.36 34.05

NSE:GIPCL vs NEE, SO, DUK: Return-on-Tangible-Equity Comparison

For the Utilities - Regulated Electric subindustry, Gujarat Industries Power Co'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.


Gujarat Industries Power Co Return-on-Tangible-Equity vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Gujarat Industries Power Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Gujarat Industries Power Co's Return-on-Tangible-Equity falls into.


NSE:GIPCL
77GF Score
Gujarat Industries Power Co Ltd NSE:GIPCL
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gujarat Industries Power Co Return-on-Tangible-Equity Calculation

Gujarat Industries Power Co'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 )
=4024.072/( (35223.597+38392.811 )/ 2 )
=4024.072/36808.204
=10.93 %

Gujarat Industries Power Co'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 )
=13073.892/( (0+38392.811)/ 1 )
=13073.892/38392.811
=34.05 %

* 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 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 34.05% mean?
Gujarat Industries Power Co (NSE:GIPCL) has a Return-on-Tangible-Equity of 34.05% 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 Gujarat Industries Power Co and its competitors. This is 401% above median its historical median of 6.79. Over the past decade, Gujarat Industries Power Co's Return-on-Tangible-Equity has ranged from 5.81 to 11.08. According to the industry distribution chart, Gujarat Industries Power Co ranks #243 out of 498 companies in the Utilities - Regulated industry, placing it in the top 48.8%.
Is Gujarat Industries Power Co's Return-on-Tangible-Equity too high?
Gujarat Industries Power Co's current Return-on-Tangible-Equity of 34.05% is 401% above median its 10-year median of 6.79. Over the past 10 years, this metric has ranged from a low of 5.81 to a high of 11.08. The Utilities - Regulated industry median Return-on-Tangible-Equity is 10.91. Gujarat Industries Power Co's value of 34.05% is 212.1% above this industry median. Based on the distribution chart, Gujarat Industries Power Co ranks #243 out of 498 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Gujarat Industries Power Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gujarat Industries Power Co's Return-on-Tangible-Equity compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Gujarat Industries Power Co ranks #243 out of 498 companies for Return-on-Tangible-Equity. This puts Gujarat Industries Power Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.91. Gujarat Industries Power Co's value of 34.05% is 212.1% above this benchmark. Historically, Gujarat Industries Power Co's own Return-on-Tangible-Equity has ranged from 5.81 to 11.08 over the past decade. While the company's 10-year median is 6.79 vs. the industry median of 10.91, Gujarat Industries Power Co 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 an Utilities - Regulated company?
The median Return-on-Tangible-Equity among Utilities - Regulated companies is 10.91, based on 498 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. Gujarat Industries Power Co's current Return-on-Tangible-Equity of 34.05% is 212.1% 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 Gujarat Industries Power Co and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gujarat Industries Power Co's current Return-on-Tangible-Equity is 34.05%, which is 401% above median its own 10-year median of 6.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat Industries Power Co stock overvalued right now?
Based on GuruFocus' analysis, Gujarat Industries Power Co (NSE:GIPCL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹212.44, compared to a current price of ₹159.40 — trading 25% below its estimated fair value. The current Return-on-Tangible-Equity is 34.05%, which is 401% above median its 10-year median of 6.79 and 212.1% above the Utilities - Regulated industry median of 10.91. Gujarat Industries Power Co's overall GF Score™ is 77/100 with 7 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 Gujarat Industries Power Co (NSE:GIPCL), the current Return-on-Tangible-Equity is 34.05% 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 Gujarat Industries Power Co (NSE:GIPCL) Overvalued in 2026?

Based on GuruFocus' analysis, Gujarat Industries Power Co stock appears to be undervalued. The current stock price of ₹159.40 is trading 25% below its estimated GF Value™ of ₹212.44. GuruFocus considers Gujarat Industries Power Co to be Modestly Undervalued.

Key valuation signals for NSE:GIPCL:

  • Return-on-Tangible-Equity: 34.05% (401% above median its 10-year median of 6.79)
  • GF Value™: ₹212.44 vs. price of ₹159.40 (25% below fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 212.1% above the Utilities - Regulated median (#243 of 498)

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


Gujarat Industries Power Co Business Description

Other Exchanges 517300:India
Address P.O. Ranoli, Vadodara, GJ, IND, 391350
Gujarat Industries Power Co Ltd is involved in the business of electrical power generation. The company generates power from gas, lignite, wind, and solar energy sources. In addition, it is involved in the development of a hybrid renewable energy park. The company generates a majority of its revenue from the sale of electrical energy to its customers in India.
77GF Score

Get the complete analysis for NSE:GIPCL

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

₹159.40
Price
₹212.44
GF Value