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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.
Leap IndiaNSE:LEAPIND +4.10%17 Return-on-Tangible-Equity is 0.00% as of Mar. 2026. GuruFocus rates NSE:LEAPIND with a GF Score™ of 17/100. The stock has 1 warning sign investors should review. Among 980 Transportation companies, Leap India ranks worse than 102040.71% 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. Leap India's annualized net income for the quarter that ended in Mar. 2026 was ₹0 Mil. Leap India's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹7,509 Mil. Therefore, Leap India's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.00%.
The historical rank and industry rank for Leap India's Return-on-Tangible-Equity or its related term are showing as below:
During the past 4 years, Leap India's highest Return-on-Tangible-Equity was 8.30%. The lowest was 0.00%. And the median was 5.92%.
NSE:LEAPIND's Return-on-Tangible-Equity is not ranked *
in the Transportation industry.
Industry Median: 9.195 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Leap India (NSE:LEAPIND) 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.
Leap India Return-on-Tangible-Equity Related Terms
Leap India Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Leap India'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.
Leap India Return-on-Tangible-Equity Chart
Leap India Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Return-on-Tangible-Equity
1.75
6.32
5.51
8.30
Leap India Quarterly Data
Mar23
Mar24
Mar25
Mar26
Return-on-Tangible-Equity
0.00
0.00
0.00
0.00
NSE:LEAPIND vs UPS, FDX, EXPD: Return-on-Tangible-Equity Comparison
For the Integrated Freight & Logistics subindustry, Leap India'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.
Leap India Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Leap India's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Leap India'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 0.00% mean?
Leap India (NSE:LEAPIND) has a Return-on-Tangible-Equity of 0.00% 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 Leap India and its competitors. According to the industry distribution chart, Leap India ranks #999999 out of 980 companies in the Transportation industry.
Is Leap India's Return-on-Tangible-Equity too high?
Leap India's current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, Leap India ranks #999999 out of 980 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Leap India has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Leap India's Return-on-Tangible-Equity compare to UPS and FDX?
According to the Transportation industry distribution chart, Leap India ranks #999999 out of 980 companies for Return-on-Tangible-Equity. This places Leap India in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.20. 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 9.20, based on 980 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. 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 Leap India and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 9.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leap India's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leap India stock overvalued right now?
Leap India (NSE:LEAPIND) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. Leap India's overall GF Score™ is 17/100 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 Leap India (NSE:LEAPIND), the current Return-on-Tangible-Equity is 0.00% 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.
Leap India Ltd provides technology-enabled supply chain solutions for the automotive and fast-moving consumer goods (FMCG) industries. Its services include asset pooling, warehousing, storage, transportation, and packaging solutions, using products such as pallets and containers. The company's solutions support the movement of goods across the supply chain, from manufacturing and distribution to retail. The company falls within a single operating segment of pooling (for hire), trading of pallets and crates and services. The amjority of revenue is derived from the pallet pooling business.
17GF Score
Get the complete analysis for NSE:LEAPIND
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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