Sayaji Industries (NSE:SAYAJIIND) Return-on-Tangible-Equity: 30.92% (As of Jun. 2026) — 296% Above Median

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NSE:SAYAJIIND Sayaji Industries Ltd NSE:SAYAJIIND
44 GF Score
Price ₹114.64
GF Value ₹74.63
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Sayaji Industries Return-on-Tangible-Equity?

Sayaji Industries NSE:SAYAJIIND +2.45% 44 Return-on-Tangible-Equity is 30.92% as of Jun. 2026, which is 296% above its 10-year median of 7.80. GuruFocus rates NSE:SAYAJIIND with a GF Score™ of 44/100 and a GF Value™ of ₹74.63 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,887 Consumer Packaged Goods companies, Sayaji Industries ranks better than 68.63% 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. Sayaji Industries's annualized net income for the quarter that ended in Jun. 2026 was ₹281 Mil. Sayaji Industries's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ₹910 Mil. Therefore, Sayaji Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 30.92%.

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

NSE:SAYAJIIND' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -11.61   Med: 7.8   Max: 35.33
Current: 14.12

During the past 13 years, Sayaji Industries's highest Return-on-Tangible-Equity was 35.33%. The lowest was -11.61%. And the median was 7.80%.

NSE:SAYAJIIND's Return-on-Tangible-Equity is ranked better than
68.63% of 1887 companies
in the Consumer Packaged Goods industry
Industry Median: 8.05 vs NSE:SAYAJIIND: 14.12

Sayaji Industries  (NSE:SAYAJIIND) 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.


Sayaji Industries Return-on-Tangible-Equity Related Terms


Sayaji Industries Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Sayaji 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.

Sayaji Industries Return-on-Tangible-Equity Chart

Sayaji Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.78 6.47 -10.81 -11.61 1.51

Sayaji Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -16.96 -48.22 17.95 48.18 30.92

NSE:SAYAJIIND vs : Return-on-Tangible-Equity Comparison

For the Farm Products subindustry, Sayaji 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.


Sayaji Industries Return-on-Tangible-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sayaji Industries's Return-on-Tangible-Equity distribution charts can be found below:

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


NSE:SAYAJIIND
44GF Score
Sayaji Industries Ltd NSE:SAYAJIIND
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sayaji Industries Return-on-Tangible-Equity Calculation

Sayaji Industries'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 )
=13.695/( (904.383+909.735 )/ 2 )
=13.695/907.059
=1.51 %

Sayaji Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=281.308/( (909.735+0)/ 1 )
=281.308/909.735
=30.92 %

* 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 (Jun. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 30.92% mean?
Sayaji Industries (NSE:SAYAJIIND) has a Return-on-Tangible-Equity of 30.92% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Sayaji Industries and its competitors. This is 296% above median its historical median of 7.80. According to the industry distribution chart, Sayaji Industries ranks #592 out of 1887 companies in the Consumer Packaged Goods industry, placing it in the top 31.4%.
Is Sayaji Industries' Return-on-Tangible-Equity too high?
Sayaji Industries' current Return-on-Tangible-Equity of 30.92% is 296% above median its 10-year median of 7.80. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 8.05. Sayaji Industries' value of 30.92% is 284.1% above this industry median. Based on the distribution chart, Sayaji Industries ranks #592 out of 1887 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Sayaji Industries has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sayaji Industries' Return-on-Tangible-Equity compare to ?
According to the Consumer Packaged Goods industry distribution chart, Sayaji Industries ranks #592 out of 1887 companies for Return-on-Tangible-Equity. This puts Sayaji Industries in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.05. Sayaji Industries' value of 30.92% is 284.1% above this benchmark. While the company's 10-year median is 7.80 vs. the industry median of 8.05, Sayaji 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 8.05, based on 1,887 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. Sayaji Industries's current Return-on-Tangible-Equity of 30.92% is 284.1% 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 Sayaji Industries and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 8.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sayaji Industries's current Return-on-Tangible-Equity is 30.92%, which is 296% above median its own 10-year median of 7.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sayaji Industries stock overvalued right now?
Based on GuruFocus' analysis, Sayaji Industries (NSE:SAYAJIIND) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹74.63, compared to a current price of ₹114.64 — trading 53.6% above its estimated fair value. The current Return-on-Tangible-Equity is 30.92%, which is 296% above median its 10-year median of 7.80 and 284.1% above the Consumer Packaged Goods industry median of 8.05. Sayaji Industries' overall GF Score™ is 44/100 with 3 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 Sayaji Industries (NSE:SAYAJIIND), the current Return-on-Tangible-Equity is 30.92% as of Jun. 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 Sayaji Industries (NSE:SAYAJIIND) Overvalued in 2026?

Based on GuruFocus' analysis, Sayaji Industries stock appears to be overvalued. The current stock price of ₹114.64 is trading 53.6% above its estimated GF Value™ of ₹74.63. GuruFocus considers Sayaji Industries to be Significantly Overvalued.

Key valuation signals for NSE:SAYAJIIND:

  • Return-on-Tangible-Equity: 30.92% (296% above median its 10-year median of 7.80)
  • GF Value™: ₹74.63 vs. price of ₹114.64 (53.6% above fair value)
  • GF Score™: 44/100 with 3 warning signs
  • Industry Position: 284.1% above the Consumer Packaged Goods median (#592 of 1887)

No single metric tells the full story. See the NSE:SAYAJIIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sayaji Industries Business Description

Comparable Companies
Other Exchanges 540728:India
Address Ambli-Bopal Road, 2nd Floor, ONE42, North Tower, Ahmedabad, GJ, IND, 380058
Sayaji Industries Ltd is an India-based company. The company is engaged in the manufacturing of starches and their derivatives like Liquid Glucose, Dextrose Monohydrate, Dextrose Anhydrous, Sorbitol, and its by-products like Maize Oil, Maize Gluten. The reporting segments of the company are agro processing-maize, agri seeds, and spray-dried food products. The company is also engaged in the manufacturing of caramel color, spray drying of fruits and vegetable powder, and processing and selling of seeds. The company caters its products to the textile, pharmaceutical, foods, and beverages industries, paper and packaging, confectionery, soaps, detergent industries, seeds industries., and other related industries.
44GF Score

Get the complete analysis for NSE:SAYAJIIND

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

₹114.64
Price
₹74.63
GF Value