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Kajaria CeramicsBOM:500233 +0.20%90 ROE % is 20.32% as of Mar. 2026, which is 20% above its 10-year median of 16.90. GuruFocus rates BOM:500233 with a GF Score™ of 90/100 and a GF Value™ of ₹1,326.70 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,745 Construction companies, Kajaria Ceramics ranks better than 80.34% on this metric.
The historical rank and industry rank for Kajaria Ceramics's ROE % or its related term are showing as below:
BOM:500233'
s ROE % Range Over the Past 10 Years
Min: 10.98 Med: 16.9 Max: 23.55
Current: 16.66
During the past 13 years, Kajaria Ceramics's highest ROE % was 23.55%. The lowest was 10.98%. And the median was 16.90%.
BOM:500233's ROE % is ranked better than 80.34% of 1745
companies
in the Construction industry
Industry Median: 6.74
vs BOM:500233: 16.66
Kajaria Ceramics (BOM:500233) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.
Kajaria Ceramics ROE % Related Terms
Kajaria Ceramics ROE % Historical Data
* Premium members only.
The historical data trend for Kajaria Ceramics's ROE % 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.
For the Building Products & Equipment subindustry, Kajaria Ceramics's ROE %, along with its competitors' market caps and ROE % 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.
Kajaria Ceramics ROE % vs Construction Industry
For the Construction industry and Industrials sector, Kajaria Ceramics's ROE % distribution charts can be found below:
* The bar in red indicates where Kajaria Ceramics's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder 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.
ROE % is displayed in the 30-year financial page.
Kajaria Ceramics (BOM:500233) has a ROE % of 20.32% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Kajaria Ceramics and its competitors. This is 20% above median its historical median of 16.90. Over the past decade, Kajaria Ceramics' ROE % has ranged from 10.98 to 23.55. According to the industry distribution chart, Kajaria Ceramics ranks #343 out of 1745 companies in the Construction industry, placing it in the top 19.7%.
Is Kajaria Ceramics' ROE % too high?
Kajaria Ceramics' current ROE % of 20.32% is 20% above median its 10-year median of 16.90. Over the past 10 years, this metric has ranged from a low of 10.98 to a high of 23.55. The Construction industry median ROE % is 6.74. Kajaria Ceramics' value of 20.32% is 201.5% above this industry median. Based on the distribution chart, Kajaria Ceramics ranks #343 out of 1745 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Kajaria Ceramics has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kajaria Ceramics' ROE % compare to TT and JCI?
According to the Construction industry distribution chart, Kajaria Ceramics ranks #343 out of 1745 companies for ROE %. This places Kajaria Ceramics in the top 20% of its industry — outperforming the majority of peers. The industry median ROE % is 6.74. Kajaria Ceramics' value of 20.32% is 201.5% above this benchmark. Historically, Kajaria Ceramics' own ROE % has ranged from 10.98 to 23.55 over the past decade. While the company's 10-year median is 16.90 vs. the industry median of 6.74, Kajaria Ceramics 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 ROE % for a Construction company?
The median ROE % among Construction companies is 6.74, based on 1,745 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kajaria Ceramics's current ROE % of 20.32% is 201.5% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Kajaria Ceramics and its competitors. For the Construction industry, the median ROE % is 6.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kajaria Ceramics's current ROE % is 20.32%, which is 20% above median its own 10-year median of 16.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kajaria Ceramics stock overvalued right now?
Based on GuruFocus' analysis, Kajaria Ceramics (BOM:500233) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,326.70, compared to a current price of ₹1,212.65 — trading 8.6% below its estimated fair value. The current ROE % is 20.32%, which is 20% above median its 10-year median of 16.90 and 201.5% above the Construction industry median of 6.74. Kajaria Ceramics' overall GF Score™ is 90/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Kajaria Ceramics (BOM:500233), the current ROE % is 20.32% 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 Kajaria Ceramics (BOM:500233) Overvalued in 2026?
Based on GuruFocus' analysis, Kajaria Ceramics stock appears to be undervalued.
The current stock price of ₹1,212.65 is trading 8.6% below its estimated GF Value™ of ₹1,326.70.
GuruFocus considers Kajaria Ceramics to be Fairly Valued.
Key valuation signals for BOM:500233:
ROE %: 20.32% (20% above median its 10-year median of 16.90)
GF Value™: ₹1,326.70 vs. price of ₹1,212.65 (8.6% below fair value)
Industry Position: 201.5% above the Construction median (#343 of 1745)
No single metric tells the full story. See the BOM:500233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kajaria Ceramics Ltd is a manufacturer of indoor floor and wall tiles. The product range includes ceramic wall and floor tiles, polished vitrified tiles, glazed vitrified tiles, sanitary ware and faucets, and tile adhesives and grout. Kajaria Ceramics' tiles and tile-related products are marketed through a distribution network of dealers and sub-dealers. The company has two operating segments: Tiles and other products, including bathware, sanitaryware, and plywood. The company operates mainly in India, with production and the majority of sales focused there.
90GF Score
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