India Pesticides (NSE:IPL) Return-on-Tangible-Equity: 12.14% (As of Mar. 2026) — 45% Below Median


NSE:IPL India Pesticides Ltd NSE:IPL
87 GF Score
Price ₹163.91
GF Value ₹272.88
Valuation Significantly Undervalued
! 3 Warning Signs
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What is India Pesticides Return-on-Tangible-Equity?

India Pesticides NSE:IPL +0.23% 87 Return-on-Tangible-Equity is 12.14% as of Mar. 2026, which is 45% below its 10-year median of 21.91. GuruFocus rates NSE:IPL with a GF Score™ of 87/100 and a GF Value™ of ₹272.88 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 248 Agriculture companies, India Pesticides ranks better than 62.9% 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. India Pesticides's annualized net income for the quarter that ended in Mar. 2026 was ₹1,224 Mil. India Pesticides's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹10,085 Mil. Therefore, India Pesticides's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 12.14%.

The historical rank and industry rank for India Pesticides's Return-on-Tangible-Equity or its related term are showing as below:

NSE:IPL' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.53   Med: 21.91   Max: 41.64
Current: 12.56

During the past 8 years, India Pesticides's highest Return-on-Tangible-Equity was 41.64%. The lowest was 7.53%. And the median was 21.91%.

NSE:IPL's Return-on-Tangible-Equity is ranked better than
62.9% of 248 companies
in the Agriculture industry
Industry Median: 7.89 vs NSE:IPL: 12.56

India Pesticides  (NSE:IPL) 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.


India Pesticides Return-on-Tangible-Equity Related Terms


India Pesticides Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for India Pesticides'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.

India Pesticides Return-on-Tangible-Equity Chart

India Pesticides Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial 30.75 20.30 7.53 9.54 12.57

India Pesticides Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.70 15.56 13.23 9.50 12.14

NSE:IPL vs CTVA, CF, MOS: Return-on-Tangible-Equity Comparison

For the Agricultural Inputs subindustry, India Pesticides'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.


India Pesticides Return-on-Tangible-Equity vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, India Pesticides's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where India Pesticides's Return-on-Tangible-Equity falls into.


NSE:IPL
87GF Score
India Pesticides Ltd NSE:IPL
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

India Pesticides Return-on-Tangible-Equity Calculation

India Pesticides's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=1198.2/( (8977+10085.2 )/ 2 )
=1198.2/9531.1
=12.57 %

India Pesticides's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1224.4/( (0+10085.2)/ 1 )
=1224.4/10085.2
=12.14 %

* 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 12.14% mean?
India Pesticides (NSE:IPL) has a Return-on-Tangible-Equity of 12.14% 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 India Pesticides and its competitors. This is 45% below median its historical median of 21.91. Over the past decade, India Pesticides' Return-on-Tangible-Equity has ranged from 7.53 to 41.64. According to the industry distribution chart, India Pesticides ranks #92 out of 248 companies in the Agriculture industry, placing it in the top 37.1%.
Is India Pesticides' Return-on-Tangible-Equity too high?
India Pesticides' current Return-on-Tangible-Equity of 12.14% is 45% below median its 10-year median of 21.91. Over the past 10 years, this metric has ranged from a low of 7.53 to a high of 41.64. The Agriculture industry median Return-on-Tangible-Equity is 7.89. India Pesticides' value of 12.14% is 53.9% above this industry median. Based on the distribution chart, India Pesticides ranks #92 out of 248 companies in the Agriculture industry, which is above the industry midpoint. Overall, India Pesticides has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does India Pesticides' Return-on-Tangible-Equity compare to CTVA and CF?
According to the Agriculture industry distribution chart, India Pesticides ranks #92 out of 248 companies for Return-on-Tangible-Equity. This puts India Pesticides in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.89. India Pesticides' value of 12.14% is 53.9% above this benchmark. Historically, India Pesticides' own Return-on-Tangible-Equity has ranged from 7.53 to 41.64 over the past decade. While the company's 10-year median is 21.91 vs. the industry median of 7.89, India Pesticides 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 Agriculture company?
The median Return-on-Tangible-Equity among Agriculture companies is 7.89, based on 248 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. India Pesticides's current Return-on-Tangible-Equity of 12.14% is 53.9% 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 India Pesticides and its competitors. For the Agriculture industry, the median Return-on-Tangible-Equity is 7.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. India Pesticides's current Return-on-Tangible-Equity is 12.14%, which is 45% below median its own 10-year median of 21.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Pesticides stock overvalued right now?
Based on GuruFocus' analysis, India Pesticides (NSE:IPL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹272.88, compared to a current price of ₹163.91 — trading 39.9% below its estimated fair value. The current Return-on-Tangible-Equity is 12.14%, which is 45% below median its 10-year median of 21.91 and 53.9% above the Agriculture industry median of 7.89. India Pesticides' overall GF Score™ is 87/100 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 India Pesticides (NSE:IPL), the current Return-on-Tangible-Equity is 12.14% 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 India Pesticides (NSE:IPL) Overvalued in 2026?

Based on GuruFocus' analysis, India Pesticides stock appears to be undervalued. The current stock price of ₹163.91 is trading 39.9% below its estimated GF Value™ of ₹272.88. GuruFocus considers India Pesticides to be Significantly Undervalued.

Key valuation signals for NSE:IPL:

  • Return-on-Tangible-Equity: 12.14% (45% below median its 10-year median of 21.91)
  • GF Value™: ₹272.88 vs. price of ₹163.91 (39.9% below fair value)
  • GF Score™: 87/100 with 3 warning signs
  • Industry Position: 53.9% above the Agriculture median (#92 of 248)

No single metric tells the full story. See the NSE:IPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


India Pesticides Business Description

Other Exchanges 543311:India
Address Water Works Road, Swarup Cold Storage Compound, Aishbagh, Lucknow, UP, IND, 226 004
India Pesticides Ltd is an agrochemical manufacturer in India. The company operates in Agro chemicals as its main business segment. The company's technical includes Fungicides and Herbicides. Geographically the company derives revenue from India and foreign countries.
87GF Score

Get the complete analysis for NSE:IPL

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹163.91
Price
₹272.88
GF Value