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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. Heranba Industries's annualized net income for the quarter that ended in Mar. 2026 was ₹-2,313 Mil. Heranba Industries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹7,613 Mil. Therefore, Heranba Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -30.38%.
The historical rank and industry rank for Heranba Industries's Return-on-Tangible-Equity or its related term are showing as below:
NSE:HERANBA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.54 Med: 24.35 Max: 39.12
Current: -9.38
During the past 12 years, Heranba Industries's highest Return-on-Tangible-Equity was 39.12%. The lowest was -9.54%. And the median was 24.35%.
NSE:HERANBA's Return-on-Tangible-Equity is ranked worse than 84.34% of 249
companies
in the Agriculture industry
Industry Median: 7.18
vs NSE:HERANBA: -9.38
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.
Heranba Industries Return-on-Tangible-Equity Related Terms
Heranba Industries Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Heranba Industries'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.
NSE:HERANBA vs CTVA, CF, MOS: Return-on-Tangible-Equity Comparison
For the Agricultural Inputs subindustry, Heranba Industries'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.
Heranba Industries Return-on-Tangible-Equity vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Heranba Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Heranba Industries'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 -30.38% mean?
Heranba Industries (NSE:HERANBA) has a Return-on-Tangible-Equity of -30.38% 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 Heranba Industries and its competitors. According to the industry distribution chart, Heranba Industries ranks #210 out of 249 companies in the Agriculture industry, placing it in the top 84.3%.
Is Heranba Industries' Return-on-Tangible-Equity too high?
Heranba Industries' current Return-on-Tangible-Equity is -30.38%. Based on the distribution chart, Heranba Industries ranks #210 out of 249 companies in the Agriculture industry, which is in the bottom quartile relative to peers. Overall, Heranba Industries has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Heranba Industries' Return-on-Tangible-Equity compare to CTVA and CF?
According to the Agriculture industry distribution chart, Heranba Industries ranks #210 out of 249 companies for Return-on-Tangible-Equity. This places Heranba Industries in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.18. 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 Agriculture company?
The median Return-on-Tangible-Equity among Agriculture companies is 7.18, based on 249 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. 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 Heranba Industries and its competitors. For the Agriculture industry, the median Return-on-Tangible-Equity is 7.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heranba Industries's current Return-on-Tangible-Equity is -30.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heranba Industries stock overvalued right now?
Based on GuruFocus' analysis, Heranba Industries (NSE:HERANBA) is currently considered Possible Value Trap. The stock's GF Value™ is ₹430.14, compared to a current price of ₹179.18 — trading 58.3% below its estimated fair value. The current Return-on-Tangible-Equity is -30.38%. Heranba Industries' overall GF Score™ is 63/100 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 Heranba Industries (NSE:HERANBA), the current Return-on-Tangible-Equity is -30.38% 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 Heranba Industries (NSE:HERANBA) Overvalued in 2026?
Based on GuruFocus' analysis, Heranba Industries stock appears to be undervalued.
The current stock price of ₹179.18 is trading 58.3% below its estimated GF Value™ of ₹430.14.
GuruFocus considers Heranba Industries to be Possible Value Trap.
Key valuation signals for NSE:HERANBA:
Return-on-Tangible-Equity: -30.38%
GF Value™: ₹430.14 vs. price of ₹179.18 (58.3% below fair value)
No single metric tells the full story. See the NSE:HERANBA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heranba Industries Ltd is a crop protection chemical manufacturer. It is a producer of synthetic pyrethroids like cypermethrin, deltamethrin, lambda-cyhalothrin, and others. The Company has a single operating segment of Agro chemicals. Further, it manufactures different types of pesticides, including Insecticides, Fungicides, Herbicides, and other pest control products. It sells the products in India and other countries. Geographically, the company generates the majority of its revenue from India.
63GF Score
Get the complete analysis for NSE:HERANBA
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