Godavari Biorefineries (NSE:GODAVARIB) Return-on-Tangible-Equity: 27.53% (As of Mar. 2026) — 984% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:GODAVARIB Godavari Biorefineries Ltd NSE:GODAVARIB
9 GF Score
Price ₹246.95
! 4 Warning Signs
View Full Analysis

What is Godavari Biorefineries Return-on-Tangible-Equity?

Godavari Biorefineries NSE:GODAVARIB -3.29% 9 Return-on-Tangible-Equity is 27.53% as of Mar. 2026, which is 984% above its 10-year median of 2.54. GuruFocus rates NSE:GODAVARIB with a GF Score™ of 9/100. The stock has 4 warning signs investors should review. Among 1,571 Chemicals companies, Godavari Biorefineries ranks worse than 72.82% 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. Godavari Biorefineries's annualized net income for the quarter that ended in Mar. 2026 was ₹2,115 Mil. Godavari Biorefineries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹7,685 Mil. Therefore, Godavari Biorefineries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 27.53%.

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

NSE:GODAVARIB' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.74   Med: 2.54   Max: 4.15
Current: 0.47

During the past 5 years, Godavari Biorefineries's highest Return-on-Tangible-Equity was 4.15%. The lowest was -3.74%. And the median was 2.54%.

NSE:GODAVARIB's Return-on-Tangible-Equity is ranked worse than
72.82% of 1571 companies
in the Chemicals industry
Industry Median: 5.9 vs NSE:GODAVARIB: 0.47

Godavari Biorefineries  (NSE:GODAVARIB) 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.


Godavari Biorefineries Return-on-Tangible-Equity Related Terms


Godavari Biorefineries Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Godavari Biorefineries'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.

Godavari Biorefineries Return-on-Tangible-Equity Chart

Godavari Biorefineries Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
4.10 4.15 2.54 -3.74 0.46

Godavari Biorefineries Quarterly Data
Mar22 Mar23 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 37.56 -8.36 -23.53 4.67 27.53

NSE:GODAVARIB vs DOW: Return-on-Tangible-Equity Comparison

For the Chemicals subindustry, Godavari Biorefineries'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.


Godavari Biorefineries Return-on-Tangible-Equity vs Chemicals Industry

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

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


NSE:GODAVARIB
9GF Score
Godavari Biorefineries Ltd NSE:GODAVARIB
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Godavari Biorefineries Return-on-Tangible-Equity Calculation

Godavari Biorefineries'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 )
=35.28/( (7659.259+7684.557 )/ 2 )
=35.28/7671.908
=0.46 %

Godavari Biorefineries'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 )
=2115.392/( (0+7684.557)/ 1 )
=2115.392/7684.557
=27.53 %

* 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 27.53% mean?
Godavari Biorefineries (NSE:GODAVARIB) has a Return-on-Tangible-Equity of 27.53% 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 Godavari Biorefineries and its competitors. This is 984% above median its historical median of 2.54. According to the industry distribution chart, Godavari Biorefineries ranks #1144 out of 1571 companies in the Chemicals industry, placing it in the top 72.8%.
Is Godavari Biorefineries' Return-on-Tangible-Equity too high?
Godavari Biorefineries' current Return-on-Tangible-Equity of 27.53% is 984% above median its 10-year median of 2.54. The Chemicals industry median Return-on-Tangible-Equity is 5.90. Godavari Biorefineries' value of 27.53% is 366.6% above this industry median. Based on the distribution chart, Godavari Biorefineries ranks #1144 out of 1571 companies in the Chemicals industry, which is below the industry midpoint. Overall, Godavari Biorefineries has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Godavari Biorefineries' Return-on-Tangible-Equity compare to DOW?
According to the Chemicals industry distribution chart, Godavari Biorefineries ranks #1144 out of 1571 companies for Return-on-Tangible-Equity. This places Godavari Biorefineries in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.90. Godavari Biorefineries' value of 27.53% is 366.6% above this benchmark. While the company's 10-year median is 2.54 vs. the industry median of 5.90, Godavari Biorefineries 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 Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.90, based on 1,571 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. Godavari Biorefineries's current Return-on-Tangible-Equity of 27.53% is 366.6% 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 Godavari Biorefineries and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Godavari Biorefineries's current Return-on-Tangible-Equity is 27.53%, which is 984% above median its own 10-year median of 2.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Godavari Biorefineries stock overvalued right now?
Godavari Biorefineries (NSE:GODAVARIB) has a current Return-on-Tangible-Equity of 27.53%. The current Return-on-Tangible-Equity is 27.53%, which is 984% above median its 10-year median of 2.54 and 366.6% above the Chemicals industry median of 5.90. Godavari Biorefineries' overall GF Score™ is 9/100 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 Godavari Biorefineries (NSE:GODAVARIB), the current Return-on-Tangible-Equity is 27.53% 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.

Godavari Biorefineries Business Description

Other Exchanges 544279:India
Address 45-47, Mahatma Gandhi Road, Somaiya Bhavan, Fort, Mumbai, MH, IND, 400 001
Godavari Biorefineries Ltd is engaged in the manufacturing of sugar, distillery, including Ethanol, biochemicals, power generation, and other bio products. It operates an integrated bio-refinery in India. The company is also the manufacturer of MPO. It utilizes sugarcane as a feedstock to manufacture products, including sugar, ethanol, bio-based chemicals, and power. The group's operating segments are Sugar, Cogeneration (Green Power), Bio based, and Chemicals Distillery.
9GF Score

Get the complete analysis for NSE:GODAVARIB

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

₹246.95
Price