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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. Lakshmi Finance & Industrial's annualized net income for the quarter that ended in Mar. 2026 was ₹-110.86 Mil. Lakshmi Finance & Industrial's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹572.33 Mil. Therefore, Lakshmi Finance & Industrial's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -19.37%.
The historical rank and industry rank for Lakshmi Finance & Industrial's Return-on-Tangible-Equity or its related term are showing as below:
NSE:LFIC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -17.56 Med: 7.34 Max: 24.1
Current: 1.83
During the past 13 years, Lakshmi Finance & Industrial's highest Return-on-Tangible-Equity was 24.10%. The lowest was -17.56%. And the median was 7.34%.
NSE:LFIC's Return-on-Tangible-Equity is ranked worse than 69.73% of 1589
companies
in the Asset Management industry
Industry Median: 7.21
vs NSE:LFIC: 1.83
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.
Lakshmi Finance & Industrial Return-on-Tangible-Equity Related Terms
Lakshmi Finance & Industrial Return-on-Tangible-Equity Historical Data
* 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:LFIC vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Lakshmi Finance & Industrial'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.
Lakshmi Finance & Industrial Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Lakshmi Finance & Industrial's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Lakshmi Finance & Industrial'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 -19.37% mean?
Lakshmi Finance & Industrial (NSE:LFIC) has a Return-on-Tangible-Equity of -19.37% 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 Lakshmi Finance & Industrial and its competitors. According to the industry distribution chart, Lakshmi Finance & Industrial ranks #1108 out of 1589 companies in the Asset Management industry, placing it in the top 69.7%.
Is Lakshmi Finance & Industrial's Return-on-Tangible-Equity too high?
Lakshmi Finance & Industrial's current Return-on-Tangible-Equity is -19.37%. Based on the distribution chart, Lakshmi Finance & Industrial ranks #1108 out of 1589 companies in the Asset Management industry, which is below the industry midpoint. Overall, Lakshmi Finance & Industrial has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lakshmi Finance & Industrial's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Lakshmi Finance & Industrial ranks #1108 out of 1589 companies for Return-on-Tangible-Equity. This places Lakshmi Finance & Industrial in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.21. 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 Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,589 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 Lakshmi Finance & Industrial and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lakshmi Finance & Industrial's current Return-on-Tangible-Equity is -19.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lakshmi Finance & Industrial stock overvalued right now?
Based on GuruFocus' analysis, Lakshmi Finance & Industrial (NSE:LFIC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹194.33, compared to a current price of ₹143.87 — trading 26% below its estimated fair value. The current Return-on-Tangible-Equity is -19.37%. Lakshmi Finance & Industrial's overall GF Score™ is 76/100 with 5 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 Lakshmi Finance & Industrial (NSE:LFIC), the current Return-on-Tangible-Equity is -19.37% 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 Lakshmi Finance & Industrial (NSE:LFIC) Overvalued in 2026?
Based on GuruFocus' analysis, Lakshmi Finance & Industrial stock appears to be undervalued.
The current stock price of ₹143.87 is trading 26% below its estimated GF Value™ of ₹194.33.
GuruFocus considers Lakshmi Finance & Industrial to be Modestly Undervalued.
Key valuation signals for NSE:LFIC:
Return-on-Tangible-Equity: -19.37%
GF Value™: ₹194.33 vs. price of ₹143.87 (26% below fair value)
No single metric tells the full story. See the NSE:LFIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lakshmi Finance & Industrial Corp Ltd is an India-based non-banking finance company. The company is involved in financial activities mainly in long-term investments such as equity shares and mutual funds. The company is also engaged in leasing, hire purchase, bill discounting, and corporate finance.
76GF Score
Get the complete analysis for NSE:LFIC
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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