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Kalana IspatNSE:KALANA 34 Return-on-Tangible-Equity is 4.41% as of Mar. 2026, which is 9% above its 10-year median of 4.06. GuruFocus rates NSE:KALANA with a GF Score™ of 34/100. The stock has 6 warning signs investors should review. Among 615 Steel companies, Kalana Ispat ranks worse than 58.54% 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. Kalana Ispat's annualized net income for the quarter that ended in Mar. 2026 was ₹19.2 Mil. Kalana Ispat's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹435.2 Mil. Therefore, Kalana Ispat's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.41%.
The historical rank and industry rank for Kalana Ispat's Return-on-Tangible-Equity or its related term are showing as below:
NSE:KALANA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.22 Med: 4.06 Max: 30.96
Current: 2.23
During the past 6 years, Kalana Ispat's highest Return-on-Tangible-Equity was 30.96%. The lowest was 2.22%. And the median was 4.06%.
NSE:KALANA's Return-on-Tangible-Equity is ranked worse than 58.54% of 615
companies
in the Steel industry
Industry Median: 4.1
vs NSE:KALANA: 2.23
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.
Kalana Ispat Return-on-Tangible-Equity Related Terms
Kalana Ispat Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Kalana Ispat'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:KALANA vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, Kalana Ispat'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.
Kalana Ispat Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Kalana Ispat's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Kalana Ispat'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 two times the semi-annual (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 4.41% mean?
Kalana Ispat (NSE:KALANA) has a Return-on-Tangible-Equity of 4.41% 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 Kalana Ispat and its competitors. This is near median its historical median of 4.06. Over the past decade, Kalana Ispat's Return-on-Tangible-Equity has ranged from 2.22 to 30.96. According to the industry distribution chart, Kalana Ispat ranks #360 out of 615 companies in the Steel industry, placing it in the top 58.5%.
Is Kalana Ispat's Return-on-Tangible-Equity too high?
Kalana Ispat's current Return-on-Tangible-Equity of 4.41% is near median its 10-year median of 4.06. Over the past 10 years, this metric has ranged from a low of 2.22 to a high of 30.96. The Steel industry median Return-on-Tangible-Equity is 4.10. Kalana Ispat's value of 4.41% is 7.6% above this industry median. Based on the distribution chart, Kalana Ispat ranks #360 out of 615 companies in the Steel industry, which is below the industry midpoint. Overall, Kalana Ispat has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Kalana Ispat's Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Kalana Ispat ranks #360 out of 615 companies for Return-on-Tangible-Equity. This places Kalana Ispat in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.10. Kalana Ispat's value of 4.41% is 7.6% above this benchmark. Historically, Kalana Ispat's own Return-on-Tangible-Equity has ranged from 2.22 to 30.96 over the past decade. While the company's 10-year median is 4.06 vs. the industry median of 4.10, Kalana Ispat 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 Steel company?
The median Return-on-Tangible-Equity among Steel companies is 4.10, based on 615 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. Kalana Ispat's current Return-on-Tangible-Equity of 4.41% is 7.6% 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 Kalana Ispat and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 4.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kalana Ispat's current Return-on-Tangible-Equity is 4.41%, which is near median its own 10-year median of 4.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kalana Ispat stock overvalued right now?
Kalana Ispat (NSE:KALANA) has a current Return-on-Tangible-Equity of 4.41%. The current Return-on-Tangible-Equity is 4.41%, which is near median its 10-year median of 4.06 and 7.6% above the Steel industry median of 4.10. Kalana Ispat's overall GF Score™ is 34/100 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 Kalana Ispat (NSE:KALANA), the current Return-on-Tangible-Equity is 4.41% 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.
Kalana Ispat Ltd is engaged in Manufacturing & dealing in casting, moulding and trading of steel and iron products and sale of service (Job work). The company is mainly engaged in manufacturing of M.S. Billets and Alloy Steel Billets of various grades. The company's products are alloy steel billets, M S billets. The company has only one Primary reportable segment viz Iron & Steel Products (i.e. manufacturing of M.S. Billets/Ingots and Alloy Steel Billets/Ingots of various grades). The company mainly operates only in lndia.
34GF Score
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