Madhya Bharat Agro ProductsNSE:MBAPL -4.59%88 Return-on-Tangible-Equity is 43.51% as of Mar. 2026, which is 227% above its 10-year median of 13.31. GuruFocus rates NSE:MBAPL with a GF Score™ of 88/100 and a GF Value™ of ₹178.91 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 248 Agriculture companies, Madhya Bharat Agro Products ranks better than 91.53% 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. Madhya Bharat Agro Products's annualized net income for the quarter that ended in Mar. 2026 was ₹2,390 Mil. Madhya Bharat Agro Products's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹5,493 Mil. Therefore, Madhya Bharat Agro Products's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 43.51%.
The historical rank and industry rank for Madhya Bharat Agro Products's Return-on-Tangible-Equity or its related term are showing as below:
NSE:MBAPL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.91 Med: 13.31 Max: 46.54
Current: 31.94
During the past 13 years, Madhya Bharat Agro Products's highest Return-on-Tangible-Equity was 46.54%. The lowest was 4.91%. And the median was 13.31%.
NSE:MBAPL's Return-on-Tangible-Equity is ranked better than 91.53% of 248
companies
in the Agriculture industry
Industry Median: 7.89
vs NSE:MBAPL: 31.94
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.
Madhya Bharat Agro Products Return-on-Tangible-Equity Related Terms
Madhya Bharat Agro Products 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:MBAPL vs CTVA, CF, MOS: Return-on-Tangible-Equity Comparison
For the Agricultural Inputs subindustry, Madhya Bharat Agro Products'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.
Madhya Bharat Agro Products Return-on-Tangible-Equity vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Madhya Bharat Agro Products's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Madhya Bharat Agro Products'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 43.51% mean?
Madhya Bharat Agro Products (NSE:MBAPL) has a Return-on-Tangible-Equity of 43.51% 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 Madhya Bharat Agro Products and its competitors. This is 227% above median its historical median of 13.31. Over the past decade, Madhya Bharat Agro Products' Return-on-Tangible-Equity has ranged from 4.91 to 46.54. According to the industry distribution chart, Madhya Bharat Agro Products ranks #21 out of 248 companies in the Agriculture industry, placing it in the top 8.5%.
Is Madhya Bharat Agro Products' Return-on-Tangible-Equity too high?
Madhya Bharat Agro Products' current Return-on-Tangible-Equity of 43.51% is 227% above median its 10-year median of 13.31. Over the past 10 years, this metric has ranged from a low of 4.91 to a high of 46.54. The Agriculture industry median Return-on-Tangible-Equity is 7.89. Madhya Bharat Agro Products' value of 43.51% is 451.5% above this industry median. Based on the distribution chart, Madhya Bharat Agro Products ranks #21 out of 248 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, Madhya Bharat Agro Products has a GF Score™ of 88/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Madhya Bharat Agro Products' Return-on-Tangible-Equity compare to CTVA and CF?
According to the Agriculture industry distribution chart, Madhya Bharat Agro Products ranks #21 out of 248 companies for Return-on-Tangible-Equity. This places Madhya Bharat Agro Products in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.89. Madhya Bharat Agro Products' value of 43.51% is 451.5% above this benchmark. Historically, Madhya Bharat Agro Products' own Return-on-Tangible-Equity has ranged from 4.91 to 46.54 over the past decade. While the company's 10-year median is 13.31 vs. the industry median of 7.89, Madhya Bharat Agro Products 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 7.89, 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. Madhya Bharat Agro Products's current Return-on-Tangible-Equity of 43.51% is 451.5% 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 Madhya Bharat Agro Products and its competitors. For the Agriculture industry, the median Return-on-Tangible-Equity is 7.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madhya Bharat Agro Products's current Return-on-Tangible-Equity is 43.51%, which is 227% above median its own 10-year median of 13.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madhya Bharat Agro Products stock overvalued right now?
Based on GuruFocus' analysis, Madhya Bharat Agro Products (NSE:MBAPL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹178.91, compared to a current price of ₹119.40 — trading 33.3% below its estimated fair value. The current Return-on-Tangible-Equity is 43.51%, which is 227% above median its 10-year median of 13.31 and 451.5% above the Agriculture industry median of 7.89. Madhya Bharat Agro Products' overall GF Score™ is 88/100 with 8 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 Madhya Bharat Agro Products (NSE:MBAPL), the current Return-on-Tangible-Equity is 43.51% 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 Madhya Bharat Agro Products (NSE:MBAPL) Overvalued in 2026?
Based on GuruFocus' analysis, Madhya Bharat Agro Products stock appears to be undervalued.
The current stock price of ₹119.40 is trading 33.3% below its estimated GF Value™ of ₹178.91.
GuruFocus considers Madhya Bharat Agro Products to be Possible Value Trap.
Key valuation signals for NSE:MBAPL:
Return-on-Tangible-Equity: 43.51% (227% above median its 10-year median of 13.31)
GF Value™: ₹178.91 vs. price of ₹119.40 (33.3% below fair value)
Industry Position: 451.5% above the Agriculture median (#21 of 248)
No single metric tells the full story. See the NSE:MBAPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Madhya Bharat Agro Products Ltd is engaged in the manufacturing of fertilizers and chemicals. The company operates through one segment, namely Manufacturing of Fertilizers. The firm is setting up a project comprising phosphoric acid, triple superphosphate, chemicals, and allied products, and further expansion of single superphosphate and sulfuric acid. In addition, it is also involved in the business of the purchase and sale of textiles and agricultural products. The majority of its revenue is derived from the manufacturing of fertilizers.
88GF Score
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