Kavveri Defence & Wireless Technologies (NSE:KAVDEFENCE) Return-on-Tangible-Equity: 1.02% (As of Mar. 2026)

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NSE:KAVDEFENCE Kavveri Defence & Wireless Technologies Ltd NSE:KAVDEFENCE
51 GF Score
Price ₹59.86
GF Value ₹16.86
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Kavveri Defence & Wireless Technologies Return-on-Tangible-Equity?

Kavveri Defence & Wireless Technologies NSE:KAVDEFENCE -0.56% 51 Return-on-Tangible-Equity is 1.02% as of Mar. 2026. GuruFocus rates NSE:KAVDEFENCE with a GF Score™ of 51/100 and a GF Value™ of ₹16.86 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,385 Hardware companies, Kavveri Defence & Wireless Technologies ranks worse than 65.49% 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. Kavveri Defence & Wireless Technologies's annualized net income for the quarter that ended in Mar. 2026 was ₹11.33 Mil. Kavveri Defence & Wireless Technologies's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,112.46 Mil. Therefore, Kavveri Defence & Wireless Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.02%.

The historical rank and industry rank for Kavveri Defence & Wireless Technologies's Return-on-Tangible-Equity or its related term are showing as below:

NSE:KAVDEFENCE' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -121.64   Med: -32.12   Max: 98.84
Current: 1.3

During the past 13 years, Kavveri Defence & Wireless Technologies's highest Return-on-Tangible-Equity was 98.84%. The lowest was -121.64%. And the median was -32.12%.

NSE:KAVDEFENCE's Return-on-Tangible-Equity is ranked worse than
65.49% of 2385 companies
in the Hardware industry
Industry Median: 5.32 vs NSE:KAVDEFENCE: 1.30

Kavveri Defence & Wireless Technologies  (NSE:KAVDEFENCE) 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.


Kavveri Defence & Wireless Technologies Return-on-Tangible-Equity Related Terms


Kavveri Defence & Wireless Technologies Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Kavveri Defence & Wireless Technologies'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.

Kavveri Defence & Wireless Technologies Return-on-Tangible-Equity Chart

Kavveri Defence & Wireless Technologies Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -92.38 98.84 -2.71 9.59 1.25

Kavveri Defence & Wireless Technologies 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 16.99 4.97 2.13 -2.70 1.02

NSE:KAVDEFENCE vs CSCO, CIEN, MSI: Return-on-Tangible-Equity Comparison

For the Communication Equipment subindustry, Kavveri Defence & Wireless Technologies'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.


Kavveri Defence & Wireless Technologies Return-on-Tangible-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Kavveri Defence & Wireless Technologies's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Kavveri Defence & Wireless Technologies's Return-on-Tangible-Equity falls into.


NSE:KAVDEFENCE
51GF Score
Kavveri Defence & Wireless Technologies Ltd NSE:KAVDEFENCE
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kavveri Defence & Wireless Technologies Return-on-Tangible-Equity Calculation

Kavveri Defence & Wireless Technologies'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 )
=12.417/( (867.986+1112.458 )/ 2 )
=12.417/990.222
=1.25 %

Kavveri Defence & Wireless Technologies'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 )
=11.328/( (0+1112.458)/ 1 )
=11.328/1112.458
=1.02 %

* 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 1.02% mean?
Kavveri Defence & Wireless Technologies (NSE:KAVDEFENCE) has a Return-on-Tangible-Equity of 1.02% 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 Kavveri Defence & Wireless Technologies and its competitors. According to the industry distribution chart, Kavveri Defence & Wireless Technologies ranks #1562 out of 2385 companies in the Hardware industry, placing it in the top 65.5%.
Is Kavveri Defence & Wireless Technologies' Return-on-Tangible-Equity too high?
Kavveri Defence & Wireless Technologies' current Return-on-Tangible-Equity is 1.02%. The Hardware industry median Return-on-Tangible-Equity is 5.32. Kavveri Defence & Wireless Technologies' value of 1.02% is 80.8% below this industry median. Based on the distribution chart, Kavveri Defence & Wireless Technologies ranks #1562 out of 2385 companies in the Hardware industry, which is below the industry midpoint. Overall, Kavveri Defence & Wireless Technologies has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kavveri Defence & Wireless Technologies' Return-on-Tangible-Equity compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Kavveri Defence & Wireless Technologies ranks #1562 out of 2385 companies for Return-on-Tangible-Equity. This places Kavveri Defence & Wireless Technologies in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.32. Kavveri Defence & Wireless Technologies' value of 1.02% is 80.8% below this benchmark. 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.32, based on 2,385 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. Kavveri Defence & Wireless Technologies's current Return-on-Tangible-Equity of 1.02% is 80.8% 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 Kavveri Defence & Wireless Technologies and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kavveri Defence & Wireless Technologies's current Return-on-Tangible-Equity is 1.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kavveri Defence & Wireless Technologies stock overvalued right now?
Based on GuruFocus' analysis, Kavveri Defence & Wireless Technologies (NSE:KAVDEFENCE) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹16.86, compared to a current price of ₹59.86 — trading 255% above its estimated fair value. The current Return-on-Tangible-Equity is 1.02% and 80.8% below the Hardware industry median of 5.32. Kavveri Defence & Wireless Technologies' overall GF Score™ is 51/100 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 Kavveri Defence & Wireless Technologies (NSE:KAVDEFENCE), the current Return-on-Tangible-Equity is 1.02% 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 Kavveri Defence & Wireless Technologies (NSE:KAVDEFENCE) Overvalued in 2026?

Based on GuruFocus' analysis, Kavveri Defence & Wireless Technologies stock appears to be overvalued. The current stock price of ₹59.86 is trading 255% above its estimated GF Value™ of ₹16.86. GuruFocus considers Kavveri Defence & Wireless Technologies to be Significantly Overvalued.

Key valuation signals for NSE:KAVDEFENCE:

  • Return-on-Tangible-Equity: 1.02%
  • GF Value™: ₹16.86 vs. price of ₹59.86 (255% above fair value)
  • GF Score™: 51/100 with 4 warning signs
  • Industry Position: 80.8% below the Hardware median (#1562 of 2385)

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


Kavveri Defence & Wireless Technologies Business Description

Other Exchanges 590041:India
Address Bannerghatta Road, Kavveri Industrial Complex, Plot No. 31-36, 1st Floor, 1st Main, 2nd Stage, Arakere Mico Layout, Bangalore, KA, IND, 560076
Kavveri Defence & Wireless Technologies Ltd formerly Kavveri Telecom Products Ltd is engaged in the manufacture of telecom subsystems hardware equipment and solutions for the Telecom, Defence, and Space segments. It designs, develops, tests, and manufactures a range of wireless telecom products, from concept to deployment. also provides total turnkey solutions for coverage and capacity enhancement requirements for GSM 3G and CDMA carriers in India. The product portfolio includes Antennas, RF Components, Cables and Connectors, Repeaters, TMA/TMB and energy-conserving solar products.
51GF Score

Get the complete analysis for NSE:KAVDEFENCE

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

₹59.86
Price
₹16.86
GF Value