Sanstar (NSE:SANSTAR) Return-on-Tangible-Equity: 11.81% (As of Mar. 2026) — 42% Below Median


NSE:SANSTAR Sanstar Ltd NSE:SANSTAR
40 GF Score
Price ₹113.22
! 8 Warning Signs
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What is Sanstar Return-on-Tangible-Equity?

Sanstar NSE:SANSTAR -0.12% 40 Return-on-Tangible-Equity is 11.81% as of Mar. 2026, which is 42% below its 10-year median of 20.36. GuruFocus rates NSE:SANSTAR with a GF Score™ of 40/100. The stock has 8 warning signs investors should review. Among 1,567 Chemicals companies, Sanstar ranks worse than 53.22% 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. Sanstar's annualized net income for the quarter that ended in Mar. 2026 was ₹820 Mil. Sanstar's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹6,940 Mil. Therefore, Sanstar's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 11.81%.

The historical rank and industry rank for Sanstar's Return-on-Tangible-Equity or its related term are showing as below:

NSE:SANSTAR' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.09   Med: 20.36   Max: 30.7
Current: 5.18

During the past 6 years, Sanstar's highest Return-on-Tangible-Equity was 30.70%. The lowest was 5.09%. And the median was 20.36%.

NSE:SANSTAR's Return-on-Tangible-Equity is ranked worse than
53.22% of 1567 companies
in the Chemicals industry
Industry Median: 5.7 vs NSE:SANSTAR: 5.18

Sanstar  (NSE:SANSTAR) 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.


Sanstar Return-on-Tangible-Equity Related Terms


Sanstar Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Sanstar'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.

Sanstar Return-on-Tangible-Equity Chart

Sanstar Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial 20.61 30.70 30.29 9.60 5.09

Sanstar Quarterly Data
Mar21 Mar22 Mar23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.35 -0.02 0.38 8.29 11.81

NSE:SANSTAR vs DOW: Return-on-Tangible-Equity Comparison

For the Chemicals subindustry, Sanstar'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.


Sanstar Return-on-Tangible-Equity vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sanstar's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Sanstar's Return-on-Tangible-Equity falls into.


NSE:SANSTAR
40GF Score
Sanstar Ltd NSE:SANSTAR
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Sanstar Return-on-Tangible-Equity Calculation

Sanstar's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=344.5/( (6591.4+6940.3 )/ 2 )
=344.5/6765.85
=5.09 %

Sanstar's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=819.6/( (0+6940.3)/ 1 )
=819.6/6940.3
=11.81 %

* 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 11.81% mean?
Sanstar (NSE:SANSTAR) has a Return-on-Tangible-Equity of 11.81% 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 Sanstar and its competitors. This is 42% below median its historical median of 20.36. Over the past decade, Sanstar's Return-on-Tangible-Equity has ranged from 5.09 to 30.70. According to the industry distribution chart, Sanstar ranks #834 out of 1567 companies in the Chemicals industry, placing it in the top 53.2%.
Is Sanstar's Return-on-Tangible-Equity too high?
Sanstar's current Return-on-Tangible-Equity of 11.81% is 42% below median its 10-year median of 20.36. Over the past 10 years, this metric has ranged from a low of 5.09 to a high of 30.70. The Chemicals industry median Return-on-Tangible-Equity is 5.70. Sanstar's value of 11.81% is 107.2% above this industry median. Based on the distribution chart, Sanstar ranks #834 out of 1567 companies in the Chemicals industry, which is below the industry midpoint. Overall, Sanstar has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Sanstar's Return-on-Tangible-Equity compare to DOW?
According to the Chemicals industry distribution chart, Sanstar ranks #834 out of 1567 companies for Return-on-Tangible-Equity. This places Sanstar in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.70. Sanstar's value of 11.81% is 107.2% above this benchmark. Historically, Sanstar's own Return-on-Tangible-Equity has ranged from 5.09 to 30.70 over the past decade. While the company's 10-year median is 20.36 vs. the industry median of 5.70, Sanstar 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 Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.70, based on 1,567 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. Sanstar's current Return-on-Tangible-Equity of 11.81% is 107.2% 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 Sanstar and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanstar's current Return-on-Tangible-Equity is 11.81%, which is 42% below median its own 10-year median of 20.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanstar stock overvalued right now?
Sanstar (NSE:SANSTAR) has a current Return-on-Tangible-Equity of 11.81%. The current Return-on-Tangible-Equity is 11.81%, which is 42% below median its 10-year median of 20.36 and 107.2% above the Chemicals industry median of 5.70. Sanstar's overall GF Score™ is 40/100 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 Sanstar (NSE:SANSTAR), the current Return-on-Tangible-Equity is 11.81% 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.

Sanstar Business Description

Other Exchanges 544217:India
Address Mahalaxmi Char Rasta, Near Parimal Under Bridge, Sanstar House, Opposite Suvidha Shopping Centre, Paldi, Ahmedabad, GJ, IND, 380007
Sanstar Ltd is a manufacturer of plant-based products and ingredient solutions in India for food, animal nutrition, and other industrial applications. Its products include liquid glucose, dried glucose solids, maltodextrin powder, dextrose monohydrate, native maize starches, modified maize starches, and co-products like germs, gluten, fiber, and enriched protein, amongst others. The company operates in one business segment i.e. Corn Wet Milling comprising mainly the manufacture of starches, its derivatives, and by-product. Key revenue is generated from India.
40GF Score

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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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