Godawari Power & IspatNSE:GPIL +1.02%83 Return-on-Tangible-Equity is 19.53% as of Mar. 2026, which is 12% below its 10-year median of 22.31. GuruFocus rates NSE:GPIL with a GF Score™ of 83/100 and a GF Value™ of ₹206.19 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 614 Steel companies, Godawari Power & Ispat ranks better than 87.13% 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. Godawari Power & Ispat's annualized net income for the quarter that ended in Mar. 2026 was ₹11,204 Mil. Godawari Power & Ispat's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹57,378 Mil. Therefore, Godawari Power & Ispat's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 19.53%.
The historical rank and industry rank for Godawari Power & Ispat's Return-on-Tangible-Equity or its related term are showing as below:
NSE:GPIL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -10.8 Med: 22.31 Max: 55.3
Current: 15.23
During the past 13 years, Godawari Power & Ispat's highest Return-on-Tangible-Equity was 55.30%. The lowest was -10.80%. And the median was 22.31%.
NSE:GPIL's Return-on-Tangible-Equity is ranked better than 87.13% of 614
companies
in the Steel industry
Industry Median: 3.95
vs NSE:GPIL: 15.23
Godawari Power & Ispat (NSE:GPIL) 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.
Godawari Power & Ispat Return-on-Tangible-Equity Related Terms
Godawari Power & Ispat Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Godawari Power & Ispat'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.
Godawari Power & Ispat Return-on-Tangible-Equity Chart
NSE:GPIL vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, Godawari Power & Ispat'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.
Godawari Power & Ispat Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Godawari Power & Ispat's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Godawari Power & Ispat'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 19.53% mean?
Godawari Power & Ispat (NSE:GPIL) has a Return-on-Tangible-Equity of 19.53% 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 Godawari Power & Ispat and its competitors. This is 12% below median its historical median of 22.31. According to the industry distribution chart, Godawari Power & Ispat ranks #79 out of 614 companies in the Steel industry, placing it in the top 12.9%.
Is Godawari Power & Ispat's Return-on-Tangible-Equity too high?
Godawari Power & Ispat's current Return-on-Tangible-Equity of 19.53% is 12% below median its 10-year median of 22.31. The Steel industry median Return-on-Tangible-Equity is 3.95. Godawari Power & Ispat's value of 19.53% is 394.4% above this industry median. Based on the distribution chart, Godawari Power & Ispat ranks #79 out of 614 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Godawari Power & Ispat has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Godawari Power & Ispat's Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Godawari Power & Ispat ranks #79 out of 614 companies for Return-on-Tangible-Equity. This places Godawari Power & Ispat in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 3.95. Godawari Power & Ispat's value of 19.53% is 394.4% above this benchmark. While the company's 10-year median is 22.31 vs. the industry median of 3.95, Godawari Power & Ispat 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 Steel company?
The median Return-on-Tangible-Equity among Steel companies is 3.95, based on 614 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. Godawari Power & Ispat's current Return-on-Tangible-Equity of 19.53% is 394.4% 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 Godawari Power & Ispat and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 3.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Godawari Power & Ispat's current Return-on-Tangible-Equity is 19.53%, which is 12% below median its own 10-year median of 22.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Godawari Power & Ispat stock overvalued right now?
Based on GuruFocus' analysis, Godawari Power & Ispat (NSE:GPIL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹206.19, compared to a current price of ₹257.10 — trading 24.7% above its estimated fair value. The current Return-on-Tangible-Equity is 19.53%, which is 12% below median its 10-year median of 22.31 and 394.4% above the Steel industry median of 3.95. Godawari Power & Ispat's overall GF Score™ is 83/100 with 3 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 Godawari Power & Ispat (NSE:GPIL), the current Return-on-Tangible-Equity is 19.53% 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.
Is Godawari Power & Ispat (NSE:GPIL) Overvalued in 2026?
Based on GuruFocus' analysis, Godawari Power & Ispat stock appears to be overvalued.
The current stock price of ₹257.10 is trading 24.7% above its estimated GF Value™ of ₹206.19.
GuruFocus considers Godawari Power & Ispat to be Modestly Overvalued.
Key valuation signals for NSE:GPIL:
Return-on-Tangible-Equity: 19.53% (12% below median its 10-year median of 22.31)
GF Value™: ₹206.19 vs. price of ₹257.10 (24.7% above fair value)
Industry Position: 394.4% above the Steel median (#79 of 614)
No single metric tells the full story. See the NSE:GPIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Godawari Power & Ispat Ltd is an India-based fully integrated steel company with a presence across the steel value chain extending from iron ore mining to iron ore pellets and value-added steel products. The company has a single primary business segment Iron and Steel which includes captive power, as the captive power generated by the company is used for the production process of iron and steel. The group operates in India. The products offered by the group are Pellets, Sponge iron, Iron and steel billets, Wire rods, Hard black wires, Ferro-alloys, and others.
83GF Score
Get the complete analysis for NSE:GPIL
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:GPIL has been successfully added to your 
