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.
Technocraft Industries (India)NSE:TIIL +0.87%95 Return-on-Tangible-Equity is 15.47% as of Mar. 2026, which is 3% below its 10-year median of 16.02. GuruFocus rates NSE:TIIL with a GF Score™ of 95/100 and a GF Value™ of ₹3,220.48 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,970 Industrial Products companies, Technocraft Industries (India) ranks better than 78.75% 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. Technocraft Industries (India)'s annualized net income for the quarter that ended in Mar. 2026 was ₹3,043 Mil. Technocraft Industries (India)'s average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹19,667 Mil. Therefore, Technocraft Industries (India)'s annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 15.47%.
The historical rank and industry rank for Technocraft Industries (India)'s Return-on-Tangible-Equity or its related term are showing as below:
NSE:TIIL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13 Med: 16.02 Max: 22.34
Current: 15.54
During the past 13 years, Technocraft Industries (India)'s highest Return-on-Tangible-Equity was 22.34%. The lowest was 13.00%. And the median was 16.02%.
NSE:TIIL's Return-on-Tangible-Equity is ranked better than 78.75% of 2970
companies
in the Industrial Products industry
Industry Median: 6.725
vs NSE:TIIL: 15.54
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.
Technocraft Industries (India) Return-on-Tangible-Equity Related Terms
Technocraft Industries (India) Return-on-Tangible-Equity Historical Data
* 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:TIIL vs SNA, RBC, LECO: Return-on-Tangible-Equity Comparison
For the Tools & Accessories subindustry, Technocraft Industries (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.
Technocraft Industries (India) Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Technocraft Industries (India)'s Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Technocraft Industries (India)'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 15.47% mean?
Technocraft Industries (India) (NSE:TIIL) has a Return-on-Tangible-Equity of 15.47% 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 Technocraft Industries (India) and its competitors. This is near median its historical median of 16.02. Over the past decade, Technocraft Industries (India)'s Return-on-Tangible-Equity has ranged from 13.00 to 22.34. According to the industry distribution chart, Technocraft Industries (India) ranks #631 out of 2970 companies in the Industrial Products industry, placing it in the top 21.2%.
Is Technocraft Industries (India)'s Return-on-Tangible-Equity too high?
Technocraft Industries (India)'s current Return-on-Tangible-Equity of 15.47% is near median its 10-year median of 16.02. Over the past 10 years, this metric has ranged from a low of 13.00 to a high of 22.34. The Industrial Products industry median Return-on-Tangible-Equity is 6.73. Technocraft Industries (India)'s value of 15.47% is 130% above this industry median. Based on the distribution chart, Technocraft Industries (India) ranks #631 out of 2970 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Technocraft Industries (India) has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Technocraft Industries (India)'s Return-on-Tangible-Equity compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Technocraft Industries (India) ranks #631 out of 2970 companies for Return-on-Tangible-Equity. This places Technocraft Industries (India) in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.73. Technocraft Industries (India)'s value of 15.47% is 130% above this benchmark. Historically, Technocraft Industries (India)'s own Return-on-Tangible-Equity has ranged from 13.00 to 22.34 over the past decade. While the company's 10-year median is 16.02 vs. the industry median of 6.73, Technocraft Industries (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 6.73, based on 2,970 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. Technocraft Industries (India)'s current Return-on-Tangible-Equity of 15.47% is 130% 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 Technocraft Industries (India) and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technocraft Industries (India)'s current Return-on-Tangible-Equity is 15.47%, which is near median its own 10-year median of 16.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technocraft Industries (India) stock overvalued right now?
Based on GuruFocus' analysis, Technocraft Industries (India) (NSE:TIIL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹3,220.48, compared to a current price of ₹2,488.50 — trading 22.7% below its estimated fair value. The current Return-on-Tangible-Equity is 15.47%, which is near median its 10-year median of 16.02 and 130% above the Industrial Products industry median of 6.73. Technocraft Industries (India)'s overall GF Score™ is 95/100 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 Technocraft Industries (India) (NSE:TIIL), the current Return-on-Tangible-Equity is 15.47% 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 Technocraft Industries (India) (NSE:TIIL) Overvalued in 2026?
Based on GuruFocus' analysis, Technocraft Industries (India) stock appears to be undervalued.
The current stock price of ₹2,488.50 is trading 22.7% below its estimated GF Value™ of ₹3,220.48.
GuruFocus considers Technocraft Industries (India) to be Modestly Undervalued.
Key valuation signals for NSE:TIIL:
Return-on-Tangible-Equity: 15.47% (near median its 10-year median of 16.02)
GF Value™: ₹3,220.48 vs. price of ₹2,488.50 (22.7% below fair value)
Industry Position: 130% above the Industrial Products median (#631 of 2970)
No single metric tells the full story. See the NSE:TIIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Technocraft Industries (India) Business Description
Technocraft Industries (India) Ltd is a multi-product manufacturing company that manufactures high precision and sophisticated products, mainly for discerning overall markets. Its products and services are Drum Closures, Tubes and Scaffoldings, Form Works, Tower Division, Cotton Yarn, Fabrics, Garments, and Engineering Services. The company's segments include The Group has identified Drum Closures, Scaffoldings, Yarn, Fabric, Engineering & Design & Others. Maximum revenue is derived from its scaffolding division. Geographically, the company caters to both Indian and international markets, of which, maximum revenue is derived from its customers located outside India.
95GF Score
Get the complete analysis for NSE:TIIL
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:TIIL has been successfully added to your 
