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Shilchar TechnologiesNSE:SHILCTECH +1.69%76 Return-on-Tangible-Equity is 23.14% as of Mar. 2026, which is 2% below its 10-year median of 23.68. GuruFocus rates NSE:SHILCTECH with a GF Score™ of 76/100 and a GF Value™ of ₹4,739.87 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,969 Industrial Products companies, Shilchar Technologies ranks better than 93.43% 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. Shilchar Technologies's annualized net income for the quarter that ended in Mar. 2026 was ₹1,136 Mil. Shilchar Technologies's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹4,907 Mil. Therefore, Shilchar Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 23.14%.
The historical rank and industry rank for Shilchar Technologies's Return-on-Tangible-Equity or its related term are showing as below:
NSE:SHILCTECH'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.46 Med: 23.68 Max: 55.54
Current: 37.74
During the past 13 years, Shilchar Technologies's highest Return-on-Tangible-Equity was 55.54%. The lowest was 2.46%. And the median was 23.68%.
NSE:SHILCTECH's Return-on-Tangible-Equity is ranked better than 93.43% of 2969
companies
in the Industrial Products industry
Industry Median: 6.76
vs NSE:SHILCTECH: 37.74
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.
Shilchar Technologies Return-on-Tangible-Equity Related Terms
Shilchar Technologies Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Shilchar Technologies'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:SHILCTECH vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Shilchar Technologies'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.
Shilchar Technologies Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shilchar Technologies's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shilchar Technologies'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 23.14% mean?
Shilchar Technologies (NSE:SHILCTECH) has a Return-on-Tangible-Equity of 23.14% 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 Shilchar Technologies and its competitors. This is near median its historical median of 23.68. Over the past decade, Shilchar Technologies' Return-on-Tangible-Equity has ranged from 2.46 to 55.54. According to the industry distribution chart, Shilchar Technologies ranks #195 out of 2969 companies in the Industrial Products industry, placing it in the top 6.6%.
Is Shilchar Technologies' Return-on-Tangible-Equity too high?
Shilchar Technologies' current Return-on-Tangible-Equity of 23.14% is near median its 10-year median of 23.68. Over the past 10 years, this metric has ranged from a low of 2.46 to a high of 55.54. The Industrial Products industry median Return-on-Tangible-Equity is 6.76. Shilchar Technologies' value of 23.14% is 242.3% above this industry median. Based on the distribution chart, Shilchar Technologies ranks #195 out of 2969 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shilchar Technologies has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shilchar Technologies' Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Shilchar Technologies ranks #195 out of 2969 companies for Return-on-Tangible-Equity. This places Shilchar Technologies in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.76. Shilchar Technologies' value of 23.14% is 242.3% above this benchmark. Historically, Shilchar Technologies' own Return-on-Tangible-Equity has ranged from 2.46 to 55.54 over the past decade. While the company's 10-year median is 23.68 vs. the industry median of 6.76, Shilchar Technologies 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 6.76, based on 2,969 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. Shilchar Technologies's current Return-on-Tangible-Equity of 23.14% is 242.3% 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 Shilchar Technologies and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shilchar Technologies's current Return-on-Tangible-Equity is 23.14%, which is near median its own 10-year median of 23.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shilchar Technologies stock overvalued right now?
Based on GuruFocus' analysis, Shilchar Technologies (NSE:SHILCTECH) is currently considered Fairly Valued. The stock's GF Value™ is ₹4,739.87, compared to a current price of ₹4,488.50 — trading 5.3% below its estimated fair value. The current Return-on-Tangible-Equity is 23.14%, which is near median its 10-year median of 23.68 and 242.3% above the Industrial Products industry median of 6.76. Shilchar Technologies' overall GF Score™ is 76/100 with 1 warning sign 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 Shilchar Technologies (NSE:SHILCTECH), the current Return-on-Tangible-Equity is 23.14% 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 Shilchar Technologies (NSE:SHILCTECH) Overvalued in 2026?
Based on GuruFocus' analysis, Shilchar Technologies stock appears to be undervalued.
The current stock price of ₹4,488.50 is trading 5.3% below its estimated GF Value™ of ₹4,739.87.
GuruFocus considers Shilchar Technologies to be Fairly Valued.
Key valuation signals for NSE:SHILCTECH:
Return-on-Tangible-Equity: 23.14% (near median its 10-year median of 23.68)
GF Value™: ₹4,739.87 vs. price of ₹4,488.50 (5.3% below fair value)
Industry Position: 242.3% above the Industrial Products median (#195 of 2969)
No single metric tells the full story. See the NSE:SHILCTECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shilchar Technologies Ltd manufactures and sells transformers in India. It provides power and distribution transformers; linear transformers, including R core transformers, EI transformers, toroidal transformers, and energy meter CTs; telecom and data transformers; and standard line transformers. The activities of the Company relate to only one segment which is Transformers & Parts. It serves government utilities, private utilities, EPC contractors, and power plant developers and contractors; and pharmaceutical and chemical, oil and gas, engineering, cement, healthcare, food and beverage, glass and automotive, textile and ceramics.. Geographically, the group has a business presence in India and other countries, of which a majority of revenue is derived from India.
76GF Score
Get the complete analysis for NSE:SHILCTECH
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