Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
LohiaNSE:LCL -0.16%18 Return-on-Tangible-Equity is 44.08% as of Mar. 2026, which is 19% below its 10-year median of 54.36. GuruFocus rates NSE:LCL with a GF Score™ of 18/100. The stock has 1 warning sign investors should review. Among 2,983 Industrial Products companies, Lohia ranks better than 94.1% 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. Lohia's annualized net income for the quarter that ended in Mar. 2026 was ₹1,934 Mil. Lohia's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹4,387 Mil. Therefore, Lohia's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 44.08%.
The historical rank and industry rank for Lohia's Return-on-Tangible-Equity or its related term are showing as below:
NSE:LCL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 44.08 Med: 54.36 Max: 64.63
Current: 44.08
During the past 3 years, Lohia's highest Return-on-Tangible-Equity was 64.63%. The lowest was 44.08%. And the median was 54.36%.
NSE:LCL's Return-on-Tangible-Equity is ranked better than 94.1% of 2983
companies
in the Industrial Products industry
Industry Median: 7.15
vs NSE:LCL: 44.08
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.
Lohia Return-on-Tangible-Equity Related Terms
Lohia Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Lohia'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.
Lohia Return-on-Tangible-Equity Chart
Lohia Annual Data
Trend
Mar24
Mar25
Mar26
Return-on-Tangible-Equity
0.00
64.63
44.08
Lohia Semi-Annual Data
Mar24
Mar25
Mar26
Return-on-Tangible-Equity
0.00
64.63
44.08
NSE:LCL vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Lohia'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.
Lohia Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Lohia's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Lohia'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 one times the 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 44.08% mean?
Lohia (NSE:LCL) has a Return-on-Tangible-Equity of 44.08% 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 Lohia and its competitors. This is 19% below median its historical median of 54.36. Over the past decade, Lohia's Return-on-Tangible-Equity has ranged from 44.08 to 64.63. According to the industry distribution chart, Lohia ranks #176 out of 2983 companies in the Industrial Products industry, placing it in the top 5.9%.
Is Lohia's Return-on-Tangible-Equity too high?
Lohia's current Return-on-Tangible-Equity of 44.08% is 19% below median its 10-year median of 54.36. Over the past 10 years, this metric has ranged from a low of 44.08 to a high of 64.63. The Industrial Products industry median Return-on-Tangible-Equity is 7.15. Lohia's value of 44.08% is 516.5% above this industry median. Based on the distribution chart, Lohia ranks #176 out of 2983 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Lohia has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Lohia's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Lohia ranks #176 out of 2983 companies for Return-on-Tangible-Equity. This places Lohia in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.15. Lohia's value of 44.08% is 516.5% above this benchmark. Historically, Lohia's own Return-on-Tangible-Equity has ranged from 44.08 to 64.63 over the past decade. While the company's 10-year median is 54.36 vs. the industry median of 7.15, Lohia 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 7.15, based on 2,983 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. Lohia's current Return-on-Tangible-Equity of 44.08% is 516.5% 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 Lohia and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 7.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lohia's current Return-on-Tangible-Equity is 44.08%, which is 19% below median its own 10-year median of 54.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lohia stock overvalued right now?
Lohia (NSE:LCL) has a current Return-on-Tangible-Equity of 44.08%. The current Return-on-Tangible-Equity is 44.08%, which is 19% below median its 10-year median of 54.36 and 516.5% above the Industrial Products industry median of 7.15. Lohia's overall GF Score™ is 18/100 with 1 warning sign 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 Lohia (NSE:LCL), the current Return-on-Tangible-Equity is 44.08% 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.
Lohia Corp Ltd operates as a manufacturer of machinery and equipment for the technical textiles industry, with a focus on solutions for producing polypropylene (PP) and high-density polyethylene (HDPE) woven fabrics and sacks. Its product portfolio includes tape extrusion lines, circular looms, coating and lamination lines, printing machines, conversion machines, multifilament yarn machines, twister winders, monofilament extrusion lines, recycling machines, winders, rewinders, and spare parts. The company also provides machinery and equipment for producing technical monofilaments used in textile, agricultural, and sports applications. The majority of the revenue is derived from the sale of woven raffia machines in India.
18GF Score
Get the complete analysis for NSE:LCL
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:LCL has been successfully added to your 
