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Indo Tech TransformersNSE:INDOTECH -0.98%81 Return-on-Tangible-Equity is 25.70% as of Mar. 2026, which is 278% above its 10-year median of 6.80. GuruFocus rates NSE:INDOTECH with a GF Score™ of 81/100 and a GF Value™ of ₹2,161.30 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,969 Industrial Products companies, Indo Tech Transformers ranks better than 90.54% 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. Indo Tech Transformers's annualized net income for the quarter that ended in Mar. 2026 was ₹957 Mil. Indo Tech Transformers's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹3,722 Mil. Therefore, Indo Tech Transformers's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 25.70%.
The historical rank and industry rank for Indo Tech Transformers's Return-on-Tangible-Equity or its related term are showing as below:
NSE:INDOTECH'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.84 Med: 6.8 Max: 28.52
Current: 28.52
During the past 13 years, Indo Tech Transformers's highest Return-on-Tangible-Equity was 28.52%. The lowest was -7.84%. And the median was 6.80%.
NSE:INDOTECH's Return-on-Tangible-Equity is ranked better than 90.54% of 2969
companies
in the Industrial Products industry
Industry Median: 6.72
vs NSE:INDOTECH: 28.52
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.
Indo Tech Transformers Return-on-Tangible-Equity Related Terms
Indo Tech Transformers Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Indo Tech Transformers'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:INDOTECH vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Indo Tech Transformers'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.
Indo Tech Transformers Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Indo Tech Transformers's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Indo Tech Transformers'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 25.70% mean?
Indo Tech Transformers (NSE:INDOTECH) has a Return-on-Tangible-Equity of 25.70% 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 Indo Tech Transformers and its competitors. This is 278% above median its historical median of 6.80. According to the industry distribution chart, Indo Tech Transformers ranks #281 out of 2969 companies in the Industrial Products industry, placing it in the top 9.5%.
Is Indo Tech Transformers' Return-on-Tangible-Equity too high?
Indo Tech Transformers' current Return-on-Tangible-Equity of 25.70% is 278% above median its 10-year median of 6.80. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Indo Tech Transformers' value of 25.70% is 282.4% above this industry median. Based on the distribution chart, Indo Tech Transformers ranks #281 out of 2969 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Indo Tech Transformers has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indo Tech Transformers' Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Indo Tech Transformers ranks #281 out of 2969 companies for Return-on-Tangible-Equity. This places Indo Tech Transformers in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.72. Indo Tech Transformers' value of 25.70% is 282.4% above this benchmark. While the company's 10-year median is 6.80 vs. the industry median of 6.72, Indo Tech Transformers 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.72, based on 2,969 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. Indo Tech Transformers's current Return-on-Tangible-Equity of 25.70% is 282.4% 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 Indo Tech Transformers and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo Tech Transformers's current Return-on-Tangible-Equity is 25.70%, which is 278% above median its own 10-year median of 6.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Tech Transformers stock overvalued right now?
Based on GuruFocus' analysis, Indo Tech Transformers (NSE:INDOTECH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2,161.30, compared to a current price of ₹3,400.90 — trading 57.4% above its estimated fair value. The current Return-on-Tangible-Equity is 25.70%, which is 278% above median its 10-year median of 6.80 and 282.4% above the Industrial Products industry median of 6.72. Indo Tech Transformers' overall GF Score™ is 81/100 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 Indo Tech Transformers (NSE:INDOTECH), the current Return-on-Tangible-Equity is 25.70% 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 Indo Tech Transformers (NSE:INDOTECH) Overvalued in 2026?
Based on GuruFocus' analysis, Indo Tech Transformers stock appears to be overvalued.
The current stock price of ₹3,400.90 is trading 57.4% above its estimated GF Value™ of ₹2,161.30.
GuruFocus considers Indo Tech Transformers to be Significantly Overvalued.
Key valuation signals for NSE:INDOTECH:
Return-on-Tangible-Equity: 25.70% (278% above median its 10-year median of 6.80)
GF Value™: ₹2,161.30 vs. price of ₹3,400.90 (57.4% above fair value)
Industry Position: 282.4% above the Industrial Products median (#281 of 2969)
No single metric tells the full story. See the NSE:INDOTECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indo Tech Transformers Ltd is engaged in the business of manufacturing power and distribution transformers and various special application transformers, mobile sub-station transformers, and various special application transformers, mobile sub-station transformers and sub-stations. The Company has its manufacturing plant located at Kancheepuram in Tamil Nadu. The majority of the geographical revenue of the company is generated in India.
81GF Score
Get the complete analysis for NSE:INDOTECH
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