VL InfraprojectsNSE:VLINFRA 46 Return-on-Tangible-Equity is 19.07% as of Mar. 2026, which is 10% below its 10-year median of 21.17. GuruFocus rates NSE:VLINFRA with a GF Score™ of 46/100. The stock has 8 warning signs investors should review. Among 1,706 Construction companies, VL Infraprojects ranks better than 54.34% 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. VL Infraprojects's annualized net income for the quarter that ended in Mar. 2026 was ₹87.9 Mil. VL Infraprojects's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹461.2 Mil. Therefore, VL Infraprojects's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 19.07%.
The historical rank and industry rank for VL Infraprojects's Return-on-Tangible-Equity or its related term are showing as below:
NSE:VLINFRA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.53 Med: 21.17 Max: 45.94
Current: 9.53
During the past 6 years, VL Infraprojects's highest Return-on-Tangible-Equity was 45.94%. The lowest was 9.53%. And the median was 21.17%.
NSE:VLINFRA's Return-on-Tangible-Equity is ranked better than 54.34% of 1706
companies
in the Construction industry
Industry Median: 8.245
vs NSE:VLINFRA: 9.53
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.
VL Infraprojects Return-on-Tangible-Equity Related Terms
VL Infraprojects Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for VL Infraprojects'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:VLINFRA vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, VL Infraprojects'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.
VL Infraprojects Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, VL Infraprojects's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where VL Infraprojects'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 19.07% mean?
VL Infraprojects (NSE:VLINFRA) has a Return-on-Tangible-Equity of 19.07% 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 VL Infraprojects and its competitors. This is 10% below median its historical median of 21.17. Over the past decade, VL Infraprojects' Return-on-Tangible-Equity has ranged from 9.53 to 45.94. According to the industry distribution chart, VL Infraprojects ranks #779 out of 1706 companies in the Construction industry, placing it in the top 45.7%.
Is VL Infraprojects' Return-on-Tangible-Equity too high?
VL Infraprojects' current Return-on-Tangible-Equity of 19.07% is 10% below median its 10-year median of 21.17. Over the past 10 years, this metric has ranged from a low of 9.53 to a high of 45.94. The Construction industry median Return-on-Tangible-Equity is 8.25. VL Infraprojects' value of 19.07% is 131.3% above this industry median. Based on the distribution chart, VL Infraprojects ranks #779 out of 1706 companies in the Construction industry, which is above the industry midpoint. Overall, VL Infraprojects has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does VL Infraprojects' Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, VL Infraprojects ranks #779 out of 1706 companies for Return-on-Tangible-Equity. This puts VL Infraprojects in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.25. VL Infraprojects' value of 19.07% is 131.3% above this benchmark. Historically, VL Infraprojects' own Return-on-Tangible-Equity has ranged from 9.53 to 45.94 over the past decade. While the company's 10-year median is 21.17 vs. the industry median of 8.25, VL Infraprojects 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.25, based on 1,706 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. VL Infraprojects's current Return-on-Tangible-Equity of 19.07% is 131.3% 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 VL Infraprojects and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VL Infraprojects's current Return-on-Tangible-Equity is 19.07%, which is 10% below median its own 10-year median of 21.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VL Infraprojects stock overvalued right now?
VL Infraprojects (NSE:VLINFRA) has a current Return-on-Tangible-Equity of 19.07%. The current Return-on-Tangible-Equity is 19.07%, which is 10% below median its 10-year median of 21.17 and 131.3% above the Construction industry median of 8.25. VL Infraprojects' overall GF Score™ is 46/100 with 8 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 VL Infraprojects (NSE:VLINFRA), the current Return-on-Tangible-Equity is 19.07% 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.
VL Infraprojects Ltd is engaged in construction, laying, and commissioning contracts in infrastructure projects like irrigation and water supply. It operates through two key verticals, contracting and services. This includes procurement, laying, joining, and commissioning of pipelines, supported by civil works, pumping stations, and installation of electro-mechanical equipment for water distribution from the source to the household. The company also undertakes operations and maintenance services for water distribution networks. Its segments include water pipeline construction with O&M, irrigation projects, road construction, building construction, and product sales of construction materials, with the majority of revenue coming from water pipeline construction, including O&M.
46GF Score
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