Shakti Pumps (India) (NSE:SHAKTIPUMP) Return-on-Tangible-Equity: 9.01% (As of Mar. 2026) — 48% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:SHAKTIPUMP Shakti Pumps (India) Ltd NSE:SHAKTIPUMP
85 GF Score
Price ₹537.50
GF Value ₹835.44
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Shakti Pumps (India) Return-on-Tangible-Equity?

Shakti Pumps (India) NSE:SHAKTIPUMP -0.99% 85 Return-on-Tangible-Equity is 9.01% as of Mar. 2026, which is 48% below its 10-year median of 17.29. GuruFocus rates NSE:SHAKTIPUMP with a GF Score™ of 85/100 and a GF Value™ of ₹835.44 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,971 Industrial Products companies, Shakti Pumps (India) ranks better than 81.93% 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. Shakti Pumps (India)'s annualized net income for the quarter that ended in Mar. 2026 was ₹1,533 Mil. Shakti Pumps (India)'s average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹17,014 Mil. Therefore, Shakti Pumps (India)'s annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.01%.

The historical rank and industry rank for Shakti Pumps (India)'s Return-on-Tangible-Equity or its related term are showing as below:

NSE:SHAKTIPUMP' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -5.13   Med: 17.29   Max: 42.85
Current: 17.25

During the past 13 years, Shakti Pumps (India)'s highest Return-on-Tangible-Equity was 42.85%. The lowest was -5.13%. And the median was 17.29%.

NSE:SHAKTIPUMP's Return-on-Tangible-Equity is ranked better than
81.93% of 2971 companies
in the Industrial Products industry
Industry Median: 6.78 vs NSE:SHAKTIPUMP: 17.25

Shakti Pumps (India)  (NSE:SHAKTIPUMP) 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.


Shakti Pumps (India) Return-on-Tangible-Equity Related Terms


Shakti Pumps (India) Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Shakti Pumps (India)'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.

Shakti Pumps (India) Return-on-Tangible-Equity Chart

Shakti Pumps (India) 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 17.89 6.02 24.36 42.85 18.03

Shakti Pumps (India) Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.14 33.51 22.37 7.82 9.01

NSE:SHAKTIPUMP vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison

For the Specialty Industrial Machinery subindustry, Shakti Pumps (India)'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.


Shakti Pumps (India) Return-on-Tangible-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shakti Pumps (India)'s Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Shakti Pumps (India)'s Return-on-Tangible-Equity falls into.


NSE:SHAKTIPUMP
85GF Score
Shakti Pumps (India) Ltd NSE:SHAKTIPUMP
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shakti Pumps (India) Return-on-Tangible-Equity Calculation

Shakti Pumps (India)'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 )
=2575.8/( (11559.2+17013.9 )/ 2 )
=2575.8/14286.55
=18.03 %

Shakti Pumps (India)'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 )
=1533.2/( (0+17013.9)/ 1 )
=1533.2/17013.9
=9.01 %

* 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 9.01% mean?
Shakti Pumps (India) (NSE:SHAKTIPUMP) has a Return-on-Tangible-Equity of 9.01% 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 Shakti Pumps (India) and its competitors. This is 48% below median its historical median of 17.29. According to the industry distribution chart, Shakti Pumps (India) ranks #537 out of 2971 companies in the Industrial Products industry, placing it in the top 18.1%.
Is Shakti Pumps (India)'s Return-on-Tangible-Equity too high?
Shakti Pumps (India)'s current Return-on-Tangible-Equity of 9.01% is 48% below median its 10-year median of 17.29. The Industrial Products industry median Return-on-Tangible-Equity is 6.78. Shakti Pumps (India)'s value of 9.01% is 32.9% above this industry median. Based on the distribution chart, Shakti Pumps (India) ranks #537 out of 2971 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shakti Pumps (India) has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shakti Pumps (India)'s Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shakti Pumps (India) ranks #537 out of 2971 companies for Return-on-Tangible-Equity. This places Shakti Pumps (India) in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.78. Shakti Pumps (India)'s value of 9.01% is 32.9% above this benchmark. While the company's 10-year median is 17.29 vs. the industry median of 6.78, Shakti Pumps (India) 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 Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.78, based on 2,971 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. Shakti Pumps (India)'s current Return-on-Tangible-Equity of 9.01% is 32.9% 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 Shakti Pumps (India) and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shakti Pumps (India)'s current Return-on-Tangible-Equity is 9.01%, which is 48% below median its own 10-year median of 17.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shakti Pumps (India) stock overvalued right now?
Based on GuruFocus' analysis, Shakti Pumps (India) (NSE:SHAKTIPUMP) is currently considered Possible Value Trap. The stock's GF Value™ is ₹835.44, compared to a current price of ₹537.50 — trading 35.7% below its estimated fair value. The current Return-on-Tangible-Equity is 9.01%, which is 48% below median its 10-year median of 17.29 and 32.9% above the Industrial Products industry median of 6.78. Shakti Pumps (India)'s overall GF Score™ is 85/100 with 5 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 Shakti Pumps (India) (NSE:SHAKTIPUMP), the current Return-on-Tangible-Equity is 9.01% 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 Shakti Pumps (India) (NSE:SHAKTIPUMP) Overvalued in 2026?

Based on GuruFocus' analysis, Shakti Pumps (India) stock appears to be undervalued. The current stock price of ₹537.50 is trading 35.7% below its estimated GF Value™ of ₹835.44. GuruFocus considers Shakti Pumps (India) to be Possible Value Trap.

Key valuation signals for NSE:SHAKTIPUMP:

  • Return-on-Tangible-Equity: 9.01% (48% below median its 10-year median of 17.29)
  • GF Value™: ₹835.44 vs. price of ₹537.50 (35.7% below fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 32.9% above the Industrial Products median (#537 of 2971)

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


Shakti Pumps (India) Business Description

Other Exchanges 531431:India
Address Sector III Industrial Area, Plot Number 401, 402 and 413, District Dhar, Pithampur, Dhar, MP, IND, 454774
Shakti Pumps (India) Ltd is an Indian-based company involved in the manufacturing business sector. The company manufactures pumps, motors, and related spare parts. The firm offers various product variants that find applications in groundwater supply, irrigation, pressure boosting, industrial applications, fire-fighting systems, and pumping applications for domestic and hospitality sectors. Its product portfolio includes submersible pumps, solar pumps, pressure booster pumps, and wastewater pumps among others. Geographically, the company caters to both the Indian and the overseas markets, of which, a majority of its revenue is derived from India.
85GF Score

Get the complete analysis for NSE:SHAKTIPUMP

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

₹537.50
Price
₹835.44
GF Value