The historical rank and industry rank for High Energy Batteries (India)'s ROE % or its related term are showing as below:
BOM:504176'
s ROE % Range Over the Past 10 Years
Min: -5.73 Med: 20.57 Max: 55.8
Current: 14.87
During the past 13 years, High Energy Batteries (India)'s highest ROE % was 55.80%. The lowest was -5.73%. And the median was 20.57%.
BOM:504176's ROE % is ranked better than 73.2% of 347
companies
in the Aerospace & Defense industry
Industry Median: 5.91
vs BOM:504176: 14.87
High Energy Batteries (India) (BOM:504176) 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.
High Energy Batteries (India) ROE % Related Terms
High Energy Batteries (India) ROE % 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.
For the Aerospace & Defense subindustry, High Energy Batteries (India)'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.
High Energy Batteries (India) ROE % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, High Energy Batteries (India)'s ROE % distribution charts can be found below:
* The bar in red indicates where High Energy Batteries (India)'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.
High Energy Batteries (India) (BOM:504176) has a ROE % of 27.23% 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 High Energy Batteries (India) and its competitors. This is 32% above median its historical median of 20.57. According to the industry distribution chart, High Energy Batteries (India) ranks #93 out of 347 companies in the Aerospace & Defense industry, placing it in the top 26.8%.
Is High Energy Batteries (India)'s ROE % too high?
High Energy Batteries (India)'s current ROE % of 27.23% is 32% above median its 10-year median of 20.57. The Aerospace & Defense industry median ROE % is 5.91. High Energy Batteries (India)'s value of 27.23% is 360.7% above this industry median. Based on the distribution chart, High Energy Batteries (India) ranks #93 out of 347 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, High Energy Batteries (India) has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does High Energy Batteries (India)'s ROE % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, High Energy Batteries (India) ranks #93 out of 347 companies for ROE %. This puts High Energy Batteries (India) in the upper half of its industry. The industry median ROE % is 5.91. High Energy Batteries (India)'s value of 27.23% is 360.7% above this benchmark. While the company's 10-year median is 20.57 vs. the industry median of 5.91, High Energy Batteries (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 ROE % for an Aerospace & Defense company?
The median ROE % among Aerospace & Defense companies is 5.91, based on 347 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. High Energy Batteries (India)'s current ROE % of 27.23% is 360.7% 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 High Energy Batteries (India) and its competitors. For the Aerospace & Defense industry, the median ROE % is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. High Energy Batteries (India)'s current ROE % is 27.23%, which is 32% above median its own 10-year median of 20.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Energy Batteries (India) stock overvalued right now?
Based on GuruFocus' analysis, High Energy Batteries (India) (BOM:504176) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹611.92, compared to a current price of ₹552.90 — trading 9.6% below its estimated fair value. The current ROE % is 27.23%, which is 32% above median its 10-year median of 20.57 and 360.7% above the Aerospace & Defense industry median of 5.91. High Energy Batteries (India)'s overall GF Score™ is 61/100 with 5 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 High Energy Batteries (India) (BOM:504176), the current ROE % is 27.23% 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 High Energy Batteries (India) (BOM:504176) Overvalued in 2026?
Based on GuruFocus' analysis, High Energy Batteries (India) stock appears to be undervalued.
The current stock price of ₹552.90 is trading 9.6% below its estimated GF Value™ of ₹611.92.
GuruFocus considers High Energy Batteries (India) to be Modestly Undervalued.
Key valuation signals for BOM:504176:
ROE %: 27.23% (32% above median its 10-year median of 20.57)
GF Value™: ₹611.92 vs. price of ₹552.90 (9.6% below fair value)
Industry Position: 360.7% above the Aerospace & Defense median (#93 of 347)
No single metric tells the full story. See the BOM:504176 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
High Energy Batteries (India) Business Description
High Energy Batteries (India) Ltd is a battery manufacturer with its factory located at Mathur, near Trichy. The batteries are manufactured for use in Indian Army, Navy, Air Force and Launch Vehicles. It also has the facility to manufacture commercial batteries for auto and standby VRLA Applications. It has two business segments Aerospace, Naval and Power System Batteries and Lead Acid Batteries includes Batteries for commercial application are manufactured. It generates majority of revenue from Aerospace, Naval and Power System Batteries Silver-based and Nickel-based Batteries are manufactured in this segment; customers in majority being the Defence Ministry of Indian Government. It has presence in Domestic as well as Export market of which majority of revenue comes from Domestic.
61GF Score
Get the complete analysis for BOM:504176
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:504176 has been successfully added to your 
