Vadivarhe Speciality Chemicals (NSE:VSCL) Return-on-Tangible-Equity: Negative Tangible Equity% (As of Mar. 2026)

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NSE:VSCL Vadivarhe Speciality Chemicals Ltd NSE:VSCL
68 GF Score
Price ₹29.00
GF Value ₹42.60
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Vadivarhe Speciality Chemicals Return-on-Tangible-Equity?

Vadivarhe Speciality Chemicals NSE:VSCL 68 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates NSE:VSCL with a GF Score™ of 68/100 and a GF Value™ of ₹42.60 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,570 Chemicals companies, Vadivarhe Speciality Chemicals ranks better than 99.87% 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. Vadivarhe Speciality Chemicals's annualized net income for the quarter that ended in Mar. 2026 was ₹44.3 Mil. Vadivarhe Speciality Chemicals's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹-36.0 Mil. Therefore, Vadivarhe Speciality Chemicals's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.

The historical rank and industry rank for Vadivarhe Speciality Chemicals's Return-on-Tangible-Equity or its related term are showing as below:

NSE:VSCL' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -499.09   Med: 0.23   Max: 29.21
Current: Negative Tangible Equity

During the past 13 years, Vadivarhe Speciality Chemicals's highest Return-on-Tangible-Equity was 29.21%. The lowest was -499.09%. And the median was 0.23%.

NSE:VSCL's Return-on-Tangible-Equity is ranked better than
99.87% of 1570 companies
in the Chemicals industry
Industry Median: 5.77 vs NSE:VSCL: Negative Tangible Equity

Vadivarhe Speciality Chemicals  (NSE:VSCL) 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.


Vadivarhe Speciality Chemicals Return-on-Tangible-Equity Related Terms


Vadivarhe Speciality Chemicals Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Vadivarhe Speciality Chemicals'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.

Vadivarhe Speciality Chemicals Return-on-Tangible-Equity Chart

Vadivarhe Speciality Chemicals Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -95.57 19.63 0.95 -499.09 0.00

Vadivarhe Speciality Chemicals Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -164.87 166.43 -136.63 -5,832.68 Negative Tangible Equity

NSE:VSCL vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison

For the Specialty Chemicals subindustry, Vadivarhe Speciality Chemicals'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.


Vadivarhe Speciality Chemicals Return-on-Tangible-Equity vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Vadivarhe Speciality Chemicals's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Vadivarhe Speciality Chemicals's Return-on-Tangible-Equity falls into.


NSE:VSCL
68GF Score
Vadivarhe Speciality Chemicals Ltd NSE:VSCL
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vadivarhe Speciality Chemicals Return-on-Tangible-Equity Calculation

Vadivarhe Speciality Chemicals's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=-16.377/( (-27.761+-44.235 )/ 2 )
=-16.377/-35.998
=N/A %

Vadivarhe Speciality Chemicals's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Mar. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Mar. 2025 )(Q: Mar. 2026 )
=44.296/( (-27.761+-44.235)/ 2 )
=44.296/-35.998
=Negative Tangible Equity %

* 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 Negative Tangible Equity% mean?
Vadivarhe Speciality Chemicals (NSE:VSCL) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 Vadivarhe Speciality Chemicals and its competitors. According to the industry distribution chart, Vadivarhe Speciality Chemicals ranks #2 out of 1570 companies in the Chemicals industry, placing it in the top 0.099999999999994%.
Is Vadivarhe Speciality Chemicals' Return-on-Tangible-Equity too high?
Vadivarhe Speciality Chemicals' current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, Vadivarhe Speciality Chemicals ranks #2 out of 1570 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Vadivarhe Speciality Chemicals has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Vadivarhe Speciality Chemicals' Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Vadivarhe Speciality Chemicals ranks #2 out of 1570 companies for Return-on-Tangible-Equity. This places Vadivarhe Speciality Chemicals in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.77. 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 Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.77, based on 1,570 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. 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 Vadivarhe Speciality Chemicals and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vadivarhe Speciality Chemicals's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vadivarhe Speciality Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Vadivarhe Speciality Chemicals (NSE:VSCL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹42.60, compared to a current price of ₹29.00 — trading 31.9% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Vadivarhe Speciality Chemicals' overall GF Score™ is 68/100 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 Vadivarhe Speciality Chemicals (NSE:VSCL), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 Vadivarhe Speciality Chemicals (NSE:VSCL) Overvalued in 2026?

Based on GuruFocus' analysis, Vadivarhe Speciality Chemicals stock appears to be undervalued. The current stock price of ₹29.00 is trading 31.9% below its estimated GF Value™ of ₹42.60. GuruFocus considers Vadivarhe Speciality Chemicals to be Possible Value Trap.

Key valuation signals for NSE:VSCL:

  • Return-on-Tangible-Equity: Negative Tangible Equity%
  • GF Value™: ₹42.60 vs. price of ₹29.00 (31.9% below fair value)
  • GF Score™: 68/100 with 8 warning signs

No single metric tells the full story. See the NSE:VSCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vadivarhe Speciality Chemicals Business Description

Address Gat No. 204, Vadivarhe, Igatpuri, Nashik, MH, IND, 422403
Vadivarhe Speciality Chemicals Ltd is engaged in the manufacturing of Organic Chemicals, Intermediates, Active Pharmaceutical Ingredients (APIs), Personal Care Products, and Speciality Chemicals.
68GF Score

Get the complete analysis for NSE:VSCL

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹29.00
Price
₹42.60
GF Value