Shivalic Power ControlNSE:SPCL -0.14%53 Return-on-Tangible-Equity is 10.95% as of Mar. 2026, which is 18% below its 10-year median of 13.37. GuruFocus rates NSE:SPCL with a GF Score™ of 53/100. The stock has 5 warning signs investors should review. Among 2,968 Industrial Products companies, Shivalic Power Control ranks better than 63.44% 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. Shivalic Power Control's annualized net income for the quarter that ended in Mar. 2026 was ₹132 Mil. Shivalic Power Control's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,206 Mil. Therefore, Shivalic Power Control's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 10.95%.
The historical rank and industry rank for Shivalic Power Control's Return-on-Tangible-Equity or its related term are showing as below:
NSE:SPCL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.31 Med: 13.37 Max: 34.23
Current: 9.97
During the past 6 years, Shivalic Power Control's highest Return-on-Tangible-Equity was 34.23%. The lowest was 4.31%. And the median was 13.37%.
NSE:SPCL's Return-on-Tangible-Equity is ranked better than 63.44% of 2968
companies
in the Industrial Products industry
Industry Median: 6.72
vs NSE:SPCL: 9.97
Shivalic Power Control (NSE:SPCL) 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.
Shivalic Power Control Return-on-Tangible-Equity Related Terms
Shivalic Power Control Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Shivalic Power Control'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.
Shivalic Power Control Return-on-Tangible-Equity Chart
NSE:SPCL vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Shivalic Power Control'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.
Shivalic Power Control Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shivalic Power Control's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shivalic Power Control'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 10.95% mean?
Shivalic Power Control (NSE:SPCL) has a Return-on-Tangible-Equity of 10.95% 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 Shivalic Power Control and its competitors. This is 18% below median its historical median of 13.37. Over the past decade, Shivalic Power Control's Return-on-Tangible-Equity has ranged from 4.31 to 34.23. According to the industry distribution chart, Shivalic Power Control ranks #1085 out of 2968 companies in the Industrial Products industry, placing it in the top 36.6%.
Is Shivalic Power Control's Return-on-Tangible-Equity too high?
Shivalic Power Control's current Return-on-Tangible-Equity of 10.95% is 18% below median its 10-year median of 13.37. Over the past 10 years, this metric has ranged from a low of 4.31 to a high of 34.23. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Shivalic Power Control's value of 10.95% is 62.9% above this industry median. Based on the distribution chart, Shivalic Power Control ranks #1085 out of 2968 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Shivalic Power Control has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Shivalic Power Control's Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Shivalic Power Control ranks #1085 out of 2968 companies for Return-on-Tangible-Equity. This puts Shivalic Power Control in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.72. Shivalic Power Control's value of 10.95% is 62.9% above this benchmark. Historically, Shivalic Power Control's own Return-on-Tangible-Equity has ranged from 4.31 to 34.23 over the past decade. While the company's 10-year median is 13.37 vs. the industry median of 6.72, Shivalic Power Control 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 6.72, based on 2,968 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. Shivalic Power Control's current Return-on-Tangible-Equity of 10.95% is 62.9% 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 Shivalic Power Control and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shivalic Power Control's current Return-on-Tangible-Equity is 10.95%, which is 18% below median its own 10-year median of 13.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shivalic Power Control stock overvalued right now?
Shivalic Power Control (NSE:SPCL) has a current Return-on-Tangible-Equity of 10.95%. The current Return-on-Tangible-Equity is 10.95%, which is 18% below median its 10-year median of 13.37 and 62.9% above the Industrial Products industry median of 6.72. Shivalic Power Control's overall GF Score™ is 53/100 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 Shivalic Power Control (NSE:SPCL), the current Return-on-Tangible-Equity is 10.95% 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.
Shivalic Power Control Ltd is an ISO-certified LT and HT electric panel manufacturer. It is a technology-driven company with focus on quality, design and product development, which has allowed the company to develop products suited to its customers' requirements. The company has a diversified range of electric panels such as PCC Panels, IMCC Panels, Smart Panels, MCC Panels, DG synchronisation panels, Outdoor panels, HT Panels up to 33KV, VFD , Power Distribution Boards, Bus Duct and LT & HT APFC Panels.
53GF Score
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