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.
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.
IFB Agro IndustriesNSE:IFBAGRO +4.24%72 Return-on-Tangible-Equity is 5.53% as of Mar. 2026, which is 39% below its 10-year median of 9.00. GuruFocus rates NSE:IFBAGRO with a GF Score™ of 72/100 and a GF Value™ of ₹792.96 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 201 Beverages - Alcoholic companies, IFB Agro Industries ranks better than 50.75% 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. IFB Agro Industries's annualized net income for the quarter that ended in Mar. 2026 was ₹372 Mil. IFB Agro Industries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹6,733 Mil. Therefore, IFB Agro Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 5.53%.
The historical rank and industry rank for IFB Agro Industries's Return-on-Tangible-Equity or its related term are showing as below:
NSE:IFBAGRO'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.47 Med: 9 Max: 12.41
Current: 8.75
During the past 13 years, IFB Agro Industries's highest Return-on-Tangible-Equity was 12.41%. The lowest was -1.47%. And the median was 9.00%.
NSE:IFBAGRO's Return-on-Tangible-Equity is ranked better than 50.75% of 201
companies
in the Beverages - Alcoholic industry
Industry Median: 8.47
vs NSE:IFBAGRO: 8.75
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.
IFB Agro Industries Return-on-Tangible-Equity Related Terms
IFB Agro Industries Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for IFB Agro 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:IFBAGRO vs BF.B: Return-on-Tangible-Equity Comparison
For the Beverages - Wineries & Distilleries subindustry, IFB Agro 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.
IFB Agro Industries Return-on-Tangible-Equity vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, IFB Agro Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where IFB Agro 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 5.53% mean?
IFB Agro Industries (NSE:IFBAGRO) has a Return-on-Tangible-Equity of 5.53% 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 IFB Agro Industries and its competitors. This is 39% below median its historical median of 9.00. According to the industry distribution chart, IFB Agro Industries ranks #99 out of 201 companies in the Beverages - Alcoholic industry, placing it in the top 49.3%.
Is IFB Agro Industries' Return-on-Tangible-Equity too high?
IFB Agro Industries' current Return-on-Tangible-Equity of 5.53% is 39% below median its 10-year median of 9.00. The Beverages - Alcoholic industry median Return-on-Tangible-Equity is 8.47. IFB Agro Industries' value of 5.53% is 34.7% below this industry median. Based on the distribution chart, IFB Agro Industries ranks #99 out of 201 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, IFB Agro Industries has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IFB Agro Industries' Return-on-Tangible-Equity compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, IFB Agro Industries ranks #99 out of 201 companies for Return-on-Tangible-Equity. This puts IFB Agro Industries in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.47. IFB Agro Industries' value of 5.53% is 34.7% below this benchmark. While the company's 10-year median is 9.00 vs. the industry median of 8.47, IFB Agro Industries has consistently been below 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 Beverages - Alcoholic company?
The median Return-on-Tangible-Equity among Beverages - Alcoholic companies is 8.47, based on 201 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. IFB Agro Industries's current Return-on-Tangible-Equity of 5.53% is 34.7% below 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 IFB Agro Industries and its competitors. For the Beverages - Alcoholic industry, the median Return-on-Tangible-Equity is 8.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IFB Agro Industries's current Return-on-Tangible-Equity is 5.53%, which is 39% below median its own 10-year median of 9.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IFB Agro Industries stock overvalued right now?
Based on GuruFocus' analysis, IFB Agro Industries (NSE:IFBAGRO) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹792.96, compared to a current price of ₹994.85 — trading 25.5% above its estimated fair value. The current Return-on-Tangible-Equity is 5.53%, which is 39% below median its 10-year median of 9.00 and 34.7% below the Beverages - Alcoholic industry median of 8.47. IFB Agro Industries' overall GF Score™ is 72/100 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 IFB Agro Industries (NSE:IFBAGRO), the current Return-on-Tangible-Equity is 5.53% 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 IFB Agro Industries (NSE:IFBAGRO) Overvalued in 2026?
Based on GuruFocus' analysis, IFB Agro Industries stock appears to be overvalued.
The current stock price of ₹994.85 is trading 25.5% above its estimated GF Value™ of ₹792.96.
GuruFocus considers IFB Agro Industries to be Modestly Overvalued.
Key valuation signals for NSE:IFBAGRO:
Return-on-Tangible-Equity: 5.53% (39% below median its 10-year median of 9.00)
GF Value™: ₹792.96 vs. price of ₹994.85 (25.5% above fair value)
Industry Position: 34.7% below the Beverages - Alcoholic median (#99 of 201)
No single metric tells the full story. See the NSE:IFBAGRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IFB Agro Industries Ltd is engaged in the business of manufacturing alcohol, bottling branded alcoholic beverages, as well as processed and packed marine foods, both for domestic and export markets. The company operates in two segments: Spirit, spirituous beverages and allied products, and Marine. IFB Agro derives the majority of its revenue from its Spirit, spirituous beverages, and allied products segment.
72GF Score
Get the complete analysis for NSE:IFBAGRO
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:IFBAGRO has been successfully added to your 
