Madras FertilizersNSE:MADRASFERT +0.91%69 Return-on-Tangible-Equity is 96.85% as of Mar. 2026, which is 71% below its 10-year median of 337.83. GuruFocus rates NSE:MADRASFERT with a GF Score™ of 69/100 and a GF Value™ of ₹259.51 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 248 Agriculture companies, Madras Fertilizers ranks better than 98.39% 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. Madras Fertilizers's annualized net income for the quarter that ended in Mar. 2026 was ₹836 Mil. Madras Fertilizers's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹863 Mil. Therefore, Madras Fertilizers's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 96.85%.
The historical rank and industry rank for Madras Fertilizers's Return-on-Tangible-Equity or its related term are showing as below:
NSE:MADRASFERT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 337.83 Med: 337.83 Max: 363.95
Current: 363.95
During the past 13 years, Madras Fertilizers's highest Return-on-Tangible-Equity was 363.95%. The lowest was 337.83%. And the median was 337.83%.
NSE:MADRASFERT's Return-on-Tangible-Equity is ranked better than 98.39% of 248
companies
in the Agriculture industry
Industry Median: 7.815
vs NSE:MADRASFERT: 363.95
Madras Fertilizers (NSE:MADRASFERT) 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.
Madras Fertilizers Return-on-Tangible-Equity Related Terms
Madras Fertilizers Return-on-Tangible-Equity Historical Data
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The historical data trend for Madras Fertilizers'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.
Madras Fertilizers Return-on-Tangible-Equity Chart
NSE:MADRASFERT vs CTVA, CF, MOS: Return-on-Tangible-Equity Comparison
For the Agricultural Inputs subindustry, Madras Fertilizers'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.
Madras Fertilizers Return-on-Tangible-Equity vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Madras Fertilizers's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Madras Fertilizers'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 96.85% mean?
Madras Fertilizers (NSE:MADRASFERT) has a Return-on-Tangible-Equity of 96.85% 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 Madras Fertilizers and its competitors. This is 71% below median its historical median of 337.83. Over the past decade, Madras Fertilizers' Return-on-Tangible-Equity has ranged from 337.83 to 363.95. According to the industry distribution chart, Madras Fertilizers ranks #4 out of 248 companies in the Agriculture industry, placing it in the top 1.6%.
Is Madras Fertilizers' Return-on-Tangible-Equity too high?
Madras Fertilizers' current Return-on-Tangible-Equity of 96.85% is 71% below median its 10-year median of 337.83. Over the past 10 years, this metric has ranged from a low of 337.83 to a high of 363.95. The Agriculture industry median Return-on-Tangible-Equity is 7.82. Madras Fertilizers' value of 96.85% is 1139.3% above this industry median. Based on the distribution chart, Madras Fertilizers ranks #4 out of 248 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, Madras Fertilizers has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Madras Fertilizers' Return-on-Tangible-Equity compare to CTVA and CF?
According to the Agriculture industry distribution chart, Madras Fertilizers ranks #4 out of 248 companies for Return-on-Tangible-Equity. This places Madras Fertilizers in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.82. Madras Fertilizers' value of 96.85% is 1139.3% above this benchmark. Historically, Madras Fertilizers' own Return-on-Tangible-Equity has ranged from 337.83 to 363.95 over the past decade. While the company's 10-year median is 337.83 vs. the industry median of 7.82, Madras Fertilizers 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 Agriculture company?
The median Return-on-Tangible-Equity among Agriculture companies is 7.82, based on 248 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. Madras Fertilizers's current Return-on-Tangible-Equity of 96.85% is 1139.3% 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 Madras Fertilizers and its competitors. For the Agriculture industry, the median Return-on-Tangible-Equity is 7.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madras Fertilizers's current Return-on-Tangible-Equity is 96.85%, which is 71% below median its own 10-year median of 337.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madras Fertilizers stock overvalued right now?
Based on GuruFocus' analysis, Madras Fertilizers (NSE:MADRASFERT) is currently considered Possible Value Trap. The stock's GF Value™ is ₹259.51, compared to a current price of ₹67.94 — trading 73.8% below its estimated fair value. The current Return-on-Tangible-Equity is 96.85%, which is 71% below median its 10-year median of 337.83 and 1139.3% above the Agriculture industry median of 7.82. Madras Fertilizers' overall GF Score™ is 69/100 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 Madras Fertilizers (NSE:MADRASFERT), the current Return-on-Tangible-Equity is 96.85% 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 Madras Fertilizers (NSE:MADRASFERT) Overvalued in 2026?
Based on GuruFocus' analysis, Madras Fertilizers stock appears to be undervalued.
The current stock price of ₹67.94 is trading 73.8% below its estimated GF Value™ of ₹259.51.
GuruFocus considers Madras Fertilizers to be Possible Value Trap.
Key valuation signals for NSE:MADRASFERT:
Return-on-Tangible-Equity: 96.85% (71% below median its 10-year median of 337.83)
GF Value™: ₹259.51 vs. price of ₹67.94 (73.8% below fair value)
Industry Position: 1139.3% above the Agriculture median (#4 of 248)
No single metric tells the full story. See the NSE:MADRASFERT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Madras Fertilizers Ltd is engaged in the manufacture of ammonia, urea, and complex fertilizers. It is also engaged in manufacturing bio-fertilizers and marketing fertilizers and agrochemicals under the brand name Vijay. The company operates through the manufacture and sale of fertilizers segment. It also provides biofertilizers, including Azospirillum for paddy, plantation crops, and other crops; Rhizobium for groundnuts and pulses; and Phosphor Bacteria and NP Bio for various crops.
69GF Score
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