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.
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.
Shreedhar SpinnersNSE:SHREEDHAR +4.99%13 Return-on-Tangible-Equity is 23.59% as of Mar. 2026, which is 17% above its 10-year median of 20.16. GuruFocus rates NSE:SHREEDHAR with a GF Score™ of 13/100. The stock has 6 warning signs investors should review. Among 1,024 Manufacturing - Apparel & Accessories companies, Shreedhar Spinners ranks better than 90.33% 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. Shreedhar Spinners's annualized net income for the quarter that ended in Mar. 2026 was ₹63 Mil. Shreedhar Spinners's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹266 Mil. Therefore, Shreedhar Spinners's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 23.59%.
The historical rank and industry rank for Shreedhar Spinners's Return-on-Tangible-Equity or its related term are showing as below:
NSE:SHREEDHAR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -10.55 Med: 20.16 Max: 25.2
Current: 25.2
During the past 4 years, Shreedhar Spinners's highest Return-on-Tangible-Equity was 25.20%. The lowest was -10.55%. And the median was 20.16%.
NSE:SHREEDHAR's Return-on-Tangible-Equity is ranked better than 90.33% of 1024
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.945
vs NSE:SHREEDHAR: 25.20
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.
Shreedhar Spinners Return-on-Tangible-Equity Related Terms
Shreedhar Spinners Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Shreedhar Spinners'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.
For the Textile Manufacturing subindustry, Shreedhar Spinners'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.
Shreedhar Spinners Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shreedhar Spinners's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shreedhar Spinners'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 two times the semi-annual (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 23.59% mean?
Shreedhar Spinners (NSE:SHREEDHAR) has a Return-on-Tangible-Equity of 23.59% 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 Shreedhar Spinners and its competitors. This is 17% above median its historical median of 20.16. According to the industry distribution chart, Shreedhar Spinners ranks #99 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 9.7%.
Is Shreedhar Spinners' Return-on-Tangible-Equity too high?
Shreedhar Spinners' current Return-on-Tangible-Equity of 23.59% is 17% above median its 10-year median of 20.16. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.95. Shreedhar Spinners' value of 23.59% is 377% above this industry median. Based on the distribution chart, Shreedhar Spinners ranks #99 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Shreedhar Spinners has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Shreedhar Spinners' Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shreedhar Spinners ranks #99 out of 1024 companies for Return-on-Tangible-Equity. This places Shreedhar Spinners in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.95. Shreedhar Spinners' value of 23.59% is 377% above this benchmark. While the company's 10-year median is 20.16 vs. the industry median of 4.95, Shreedhar Spinners 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.95, based on 1,024 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. Shreedhar Spinners's current Return-on-Tangible-Equity of 23.59% is 377% 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 Shreedhar Spinners and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shreedhar Spinners's current Return-on-Tangible-Equity is 23.59%, which is 17% above median its own 10-year median of 20.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shreedhar Spinners stock overvalued right now?
Shreedhar Spinners (NSE:SHREEDHAR) has a current Return-on-Tangible-Equity of 23.59%. The current Return-on-Tangible-Equity is 23.59%, which is 17% above median its 10-year median of 20.16 and 377% above the Manufacturing - Apparel & Accessories industry median of 4.95. Shreedhar Spinners' overall GF Score™ is 13/100 with 6 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 Shreedhar Spinners (NSE:SHREEDHAR), the current Return-on-Tangible-Equity is 23.59% 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.
Shreedhar Spinners Ltd is engaged into manufacturing of compact spun cotton yarn of various counts ranging from Ne 10s to Ne 40s. It operates exclusively in the business-to-business (B2B) segment, supplying its products to buyers such as textile manufacturers, yarn exporters, traders and fabric processors.
13GF Score
Get the complete analysis for NSE:SHREEDHAR
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:SHREEDHAR has been successfully added to your 
