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Vidya WiresNSE:VIDYAWIRES -5.00%16 Return-on-Tangible-Equity is 16.35% as of Mar. 2026, which is 32% below its 10-year median of 24.18. GuruFocus rates NSE:VIDYAWIRES with a GF Score™ of 16/100. The stock has 1 warning sign investors should review. Among 2,973 Industrial Products companies, Vidya Wires ranks better than 80.83% 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. Vidya Wires's annualized net income for the quarter that ended in Mar. 2026 was ₹784 Mil. Vidya Wires's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹4,797 Mil. Therefore, Vidya Wires's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 16.35%.
The historical rank and industry rank for Vidya Wires's Return-on-Tangible-Equity or its related term are showing as below:
NSE:VIDYAWIRES'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 17.14 Med: 24.18 Max: 27.82
Current: 17.14
During the past 5 years, Vidya Wires's highest Return-on-Tangible-Equity was 27.82%. The lowest was 17.14%. And the median was 24.18%.
NSE:VIDYAWIRES's Return-on-Tangible-Equity is ranked better than 80.83% of 2973
companies
in the Industrial Products industry
Industry Median: 6.87
vs NSE:VIDYAWIRES: 17.14
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.
Vidya Wires Return-on-Tangible-Equity Related Terms
Vidya Wires Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Vidya Wires'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:VIDYAWIRES vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Vidya Wires'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.
Vidya Wires Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Vidya Wires's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Vidya Wires'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 16.35% mean?
Vidya Wires (NSE:VIDYAWIRES) has a Return-on-Tangible-Equity of 16.35% 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 Vidya Wires and its competitors. This is 32% below median its historical median of 24.18. Over the past decade, Vidya Wires' Return-on-Tangible-Equity has ranged from 17.14 to 27.82. According to the industry distribution chart, Vidya Wires ranks #570 out of 2973 companies in the Industrial Products industry, placing it in the top 19.2%.
Is Vidya Wires' Return-on-Tangible-Equity too high?
Vidya Wires' current Return-on-Tangible-Equity of 16.35% is 32% below median its 10-year median of 24.18. Over the past 10 years, this metric has ranged from a low of 17.14 to a high of 27.82. The Industrial Products industry median Return-on-Tangible-Equity is 6.87. Vidya Wires' value of 16.35% is 138% above this industry median. Based on the distribution chart, Vidya Wires ranks #570 out of 2973 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Vidya Wires has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Vidya Wires' Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Vidya Wires ranks #570 out of 2973 companies for Return-on-Tangible-Equity. This places Vidya Wires in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.87. Vidya Wires' value of 16.35% is 138% above this benchmark. Historically, Vidya Wires' own Return-on-Tangible-Equity has ranged from 17.14 to 27.82 over the past decade. While the company's 10-year median is 24.18 vs. the industry median of 6.87, Vidya Wires 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 6.87, based on 2,973 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. Vidya Wires's current Return-on-Tangible-Equity of 16.35% is 138% 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 Vidya Wires and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vidya Wires's current Return-on-Tangible-Equity is 16.35%, which is 32% below median its own 10-year median of 24.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vidya Wires stock overvalued right now?
Vidya Wires (NSE:VIDYAWIRES) has a current Return-on-Tangible-Equity of 16.35%. The current Return-on-Tangible-Equity is 16.35%, which is 32% below median its 10-year median of 24.18 and 138% above the Industrial Products industry median of 6.87. Vidya Wires' overall GF Score™ is 16/100 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 Vidya Wires (NSE:VIDYAWIRES), the current Return-on-Tangible-Equity is 16.35% 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.
Vidya Wires Ltd is a manufacturer of winding and conductivity products for a range of critical industries and applications. The company's product portfolio includes precision-engineered Enameled Wires, Enameled Copper Rectangular Strips, Paper Insulated Copper Conductors, Copper Busbar and Bare Copper Conductors, Specialised Winding Wires, PV Ribbon and Aluminum Paper Covered Strips, among others. It serves various sectors like energy generation & transmission, electrical systems, electric motors, clean energy systems, electric mobility, and railways. The majority of the company's revenue is derived from the sale of its copper-based products in domestic markets.
16GF Score
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