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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. Hindware Home Innovation's annualized net income for the quarter that ended in Mar. 2026 was ₹-761 Mil. Hindware Home Innovation's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹7,316 Mil. Therefore, Hindware Home Innovation's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -10.40%.
The historical rank and industry rank for Hindware Home Innovation's Return-on-Tangible-Equity or its related term are showing as below:
NSE:HINDWAREAP'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -166.67 Med: 8.77 Max: 47.48
Current: -5.29
During the past 9 years, Hindware Home Innovation's highest Return-on-Tangible-Equity was 47.48%. The lowest was -166.67%. And the median was 8.77%.
NSE:HINDWAREAP's Return-on-Tangible-Equity is ranked worse than 79.1% of 421
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.08
vs NSE:HINDWAREAP: -5.29
Hindware Home Innovation (NSE:HINDWAREAP) 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.
Hindware Home Innovation Return-on-Tangible-Equity Related Terms
Hindware Home Innovation Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Hindware Home Innovation'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.
Hindware Home Innovation Return-on-Tangible-Equity Chart
NSE:HINDWAREAP vs SN, SGI, MHK: Return-on-Tangible-Equity Comparison
For the Furnishings, Fixtures & Appliances subindustry, Hindware Home Innovation'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.
Hindware Home Innovation Return-on-Tangible-Equity vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hindware Home Innovation's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hindware Home Innovation'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 -10.40% mean?
Hindware Home Innovation (NSE:HINDWAREAP) has a Return-on-Tangible-Equity of -10.40% 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 Hindware Home Innovation and its competitors. According to the industry distribution chart, Hindware Home Innovation ranks #333 out of 421 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 79.1%.
Is Hindware Home Innovation's Return-on-Tangible-Equity too high?
Hindware Home Innovation's current Return-on-Tangible-Equity is -10.40%. Based on the distribution chart, Hindware Home Innovation ranks #333 out of 421 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Hindware Home Innovation has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hindware Home Innovation's Return-on-Tangible-Equity compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Hindware Home Innovation ranks #333 out of 421 companies for Return-on-Tangible-Equity. This places Hindware Home Innovation in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.08. 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 Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Equity among Furnishings, Fixtures & Appliances companies is 5.08, based on 421 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 Hindware Home Innovation and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Equity is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hindware Home Innovation's current Return-on-Tangible-Equity is -10.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindware Home Innovation stock overvalued right now?
Based on GuruFocus' analysis, Hindware Home Innovation (NSE:HINDWAREAP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹307.70, compared to a current price of ₹227.30 — trading 26.1% below its estimated fair value. The current Return-on-Tangible-Equity is -10.40%. Hindware Home Innovation's overall GF Score™ is 76/100 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 Hindware Home Innovation (NSE:HINDWAREAP), the current Return-on-Tangible-Equity is -10.40% 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 Hindware Home Innovation (NSE:HINDWAREAP) Overvalued in 2026?
Based on GuruFocus' analysis, Hindware Home Innovation stock appears to be undervalued.
The current stock price of ₹227.30 is trading 26.1% below its estimated GF Value™ of ₹307.70.
GuruFocus considers Hindware Home Innovation to be Modestly Undervalued.
Key valuation signals for NSE:HINDWAREAP:
Return-on-Tangible-Equity: -10.40%
GF Value™: ₹307.70 vs. price of ₹227.30 (26.1% below fair value)
No single metric tells the full story. See the NSE:HINDWAREAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hindware Home Innovation Ltd is involved in manufacturing, selling, and trading building products, glass products, consumer products, plastic products, and retail businesses. Its product range includes Kitchen Ensemble, water heaters, air coolers, water purifiers, air purifiers, and window vents, among others. Some of its brands are Hindware, Moonbow, and Evok. The company operates through segments such as Building Products and Consumer Appliances. It functions in India and derives the majority of its revenue from the Building Products segment.
76GF Score
Get the complete analysis for NSE:HINDWAREAP
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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