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Jinkushal IndustriesNSE:JKIPL -1.45%17 Return-on-Tangible-Equity is 21.00% as of Mar. 2026, which is 40% below its 10-year median of 34.80. GuruFocus rates NSE:JKIPL with a GF Score™ of 17/100. The stock has 6 warning signs investors should review. Among 199 Farm & Heavy Construction Machinery companies, Jinkushal Industries ranks worse than 95.48% 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. Jinkushal Industries's annualized net income for the quarter that ended in Mar. 2026 was ₹407 Mil. Jinkushal Industries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,938 Mil. Therefore, Jinkushal Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 21.00%.
The historical rank and industry rank for Jinkushal Industries's Return-on-Tangible-Equity or its related term are showing as below:
NSE:JKIPL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -40.59 Med: 34.8 Max: 55.19
Current: -40.59
During the past 4 years, Jinkushal Industries's highest Return-on-Tangible-Equity was 55.19%. The lowest was -40.59%. And the median was 34.80%.
NSE:JKIPL's Return-on-Tangible-Equity is ranked worse than 95.48% of 199
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 9.26
vs NSE:JKIPL: -40.59
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.
Jinkushal Industries Return-on-Tangible-Equity Related Terms
Jinkushal Industries Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Jinkushal 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:JKIPL vs CAT, DE, PCAR: Return-on-Tangible-Equity Comparison
For the Farm & Heavy Construction Machinery subindustry, Jinkushal 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.
Jinkushal Industries Return-on-Tangible-Equity vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Jinkushal Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Jinkushal 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 21.00% mean?
Jinkushal Industries (NSE:JKIPL) has a Return-on-Tangible-Equity of 21.00% 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 Jinkushal Industries and its competitors. This is 40% below median its historical median of 34.80. According to the industry distribution chart, Jinkushal Industries ranks #190 out of 199 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 95.5%.
Is Jinkushal Industries' Return-on-Tangible-Equity too high?
Jinkushal Industries' current Return-on-Tangible-Equity of 21.00% is 40% below median its 10-year median of 34.80. The Farm & Heavy Construction Machinery industry median Return-on-Tangible-Equity is 9.26. Jinkushal Industries' value of 21.00% is 126.8% above this industry median. Based on the distribution chart, Jinkushal Industries ranks #190 out of 199 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Jinkushal Industries has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Jinkushal Industries' Return-on-Tangible-Equity compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Jinkushal Industries ranks #190 out of 199 companies for Return-on-Tangible-Equity. This places Jinkushal Industries in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.26. Jinkushal Industries' value of 21.00% is 126.8% above this benchmark. While the company's 10-year median is 34.80 vs. the industry median of 9.26, Jinkushal Industries 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 a Farm & Heavy Construction Machinery company?
The median Return-on-Tangible-Equity among Farm & Heavy Construction Machinery companies is 9.26, based on 199 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. Jinkushal Industries's current Return-on-Tangible-Equity of 21.00% is 126.8% 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 Jinkushal Industries and its competitors. For the Farm & Heavy Construction Machinery industry, the median Return-on-Tangible-Equity is 9.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jinkushal Industries's current Return-on-Tangible-Equity is 21.00%, which is 40% below median its own 10-year median of 34.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jinkushal Industries stock overvalued right now?
Jinkushal Industries (NSE:JKIPL) has a current Return-on-Tangible-Equity of 21.00%. The current Return-on-Tangible-Equity is 21.00%, which is 40% below median its 10-year median of 34.80 and 126.8% above the Farm & Heavy Construction Machinery industry median of 9.26. Jinkushal Industries' overall GF Score™ is 17/100 with 6 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 Jinkushal Industries (NSE:JKIPL), the current Return-on-Tangible-Equity is 21.00% 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.
Jinkushal Industries Ltd is engaged in export trading of new/customized and used/refurbished construction machines in international markets. It operates across three primary business verticals: export trading of customized, modified, and accessorized new construction machines; export trading of used/refurbished construction machines; and export trading of its own brand HexL construction machines to cater to a diverse international customer base. The company specializes in export trading of construction machines such as hydraulic excavators, motor graders, backhoe loaders, soil compactors, wheel loaders, bulldozers, cranes, and asphalt pavers. It generates the majority of its revenue from outside India.
17GF Score
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