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Piccadily Agro IndustriesNSE:PICCADIL -1.49%64 Return-on-Tangible-Equity is 20.08% as of Mar. 2026, which is 81% above its 10-year median of 11.09. GuruFocus rates NSE:PICCADIL with a GF Score™ of 64/100 and a GF Value™ of ₹743.79 (Fairly Valued). The stock has 4 warning signs investors should review. Among 201 Beverages - Alcoholic companies, Piccadily Agro Industries ranks better than 71.64% 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. Piccadily Agro Industries's annualized net income for the quarter that ended in Mar. 2026 was ₹1,809 Mil. Piccadily Agro Industries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹9,010 Mil. Therefore, Piccadily Agro Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 20.08%.
The historical rank and industry rank for Piccadily Agro Industries's Return-on-Tangible-Equity or its related term are showing as below:
NSE:PICCADIL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.99 Med: 11.09 Max: 38.43
Current: 17.36
During the past 13 years, Piccadily Agro Industries's highest Return-on-Tangible-Equity was 38.43%. The lowest was 2.99%. And the median was 11.09%.
NSE:PICCADIL's Return-on-Tangible-Equity is ranked better than 71.64% of 201
companies
in the Beverages - Alcoholic industry
Industry Median: 8.47
vs NSE:PICCADIL: 17.36
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.
Piccadily Agro Industries Return-on-Tangible-Equity Related Terms
Piccadily Agro Industries Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Piccadily Agro Industries'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.
NSE:PICCADIL vs BF.B: Return-on-Tangible-Equity Comparison
For the Beverages - Wineries & Distilleries subindustry, Piccadily Agro Industries'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.
Piccadily Agro Industries Return-on-Tangible-Equity vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Piccadily Agro Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Piccadily Agro Industries'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 20.08% mean?
Piccadily Agro Industries (NSE:PICCADIL) has a Return-on-Tangible-Equity of 20.08% 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 Piccadily Agro Industries and its competitors. This is 81% above median its historical median of 11.09. Over the past decade, Piccadily Agro Industries' Return-on-Tangible-Equity has ranged from 2.99 to 38.43. According to the industry distribution chart, Piccadily Agro Industries ranks #57 out of 201 companies in the Beverages - Alcoholic industry, placing it in the top 28.4%.
Is Piccadily Agro Industries' Return-on-Tangible-Equity too high?
Piccadily Agro Industries' current Return-on-Tangible-Equity of 20.08% is 81% above median its 10-year median of 11.09. Over the past 10 years, this metric has ranged from a low of 2.99 to a high of 38.43. The Beverages - Alcoholic industry median Return-on-Tangible-Equity is 8.47. Piccadily Agro Industries' value of 20.08% is 137.1% above this industry median. Based on the distribution chart, Piccadily Agro Industries ranks #57 out of 201 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Piccadily Agro Industries has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Piccadily Agro Industries' Return-on-Tangible-Equity compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Piccadily Agro Industries ranks #57 out of 201 companies for Return-on-Tangible-Equity. This puts Piccadily Agro Industries in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.47. Piccadily Agro Industries' value of 20.08% is 137.1% above this benchmark. Historically, Piccadily Agro Industries' own Return-on-Tangible-Equity has ranged from 2.99 to 38.43 over the past decade. While the company's 10-year median is 11.09 vs. the industry median of 8.47, Piccadily Agro Industries 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 a Beverages - Alcoholic company?
The median Return-on-Tangible-Equity among Beverages - Alcoholic companies is 8.47, based on 201 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. Piccadily Agro Industries's current Return-on-Tangible-Equity of 20.08% is 137.1% 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 Piccadily Agro Industries and its competitors. For the Beverages - Alcoholic industry, the median Return-on-Tangible-Equity is 8.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Piccadily Agro Industries's current Return-on-Tangible-Equity is 20.08%, which is 81% above median its own 10-year median of 11.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piccadily Agro Industries stock overvalued right now?
Based on GuruFocus' analysis, Piccadily Agro Industries (NSE:PICCADIL) is currently considered Fairly Valued. The stock's GF Value™ is ₹743.79, compared to a current price of ₹729.55 — trading 1.9% below its estimated fair value. The current Return-on-Tangible-Equity is 20.08%, which is 81% above median its 10-year median of 11.09 and 137.1% above the Beverages - Alcoholic industry median of 8.47. Piccadily Agro Industries' overall GF Score™ is 64/100 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 Piccadily Agro Industries (NSE:PICCADIL), the current Return-on-Tangible-Equity is 20.08% 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.
Is Piccadily Agro Industries (NSE:PICCADIL) Overvalued in 2026?
Based on GuruFocus' analysis, Piccadily Agro Industries stock appears to be undervalued.
The current stock price of ₹729.55 is trading 1.9% below its estimated GF Value™ of ₹743.79.
GuruFocus considers Piccadily Agro Industries to be Fairly Valued.
Key valuation signals for NSE:PICCADIL:
Return-on-Tangible-Equity: 20.08% (81% above median its 10-year median of 11.09)
GF Value™: ₹743.79 vs. price of ₹729.55 (1.9% below fair value)
Industry Position: 137.1% above the Beverages - Alcoholic median (#57 of 201)
No single metric tells the full story. See the NSE:PICCADIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Piccadily Agro Industries Ltd is an Indian company engaged in the manufacturing of white crystal sugar from sugarcane grown in nearby rural areas, along with related products such as molasses, power, and bagasse. The company is also involved in the production of rectified spirits, extra neutral alcohol (ENA), and malt, as well as the conversion of resin into PET bottles used for liquor in the distillery segment. It operates through two reportable segments: Sugar and Distillery. The Sugar segment includes refined sugar, molasses, bagasse, and power cogeneration, while the Distillery segment produces liquor, malt, carbon dioxide gas, ethanol, and PET bottles. The majority of the company's revenue is generated from the Distillery segment.
64GF Score
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