Apis India (BOM:506166) ROE %: 20.82% (As of Mar. 2026) — 36% Above Median


BOM:506166 Apis India Ltd BOM:506166
62 GF Score
Price ₹61.52
GF Value ₹13.01
Valuation Significantly Overvalued
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What is Apis India ROE %?

Apis India BOM:506166 +2.53% 62 ROE % is 20.82% as of Mar. 2026, which is 36% above its 10-year median of 15.36. GuruFocus rates BOM:506166 with a GF Score™ of 62/100 and a GF Value™ of ₹13.01 (Significantly Overvalued). Among 1,913 Consumer Packaged Goods companies, Apis India ranks better than 71.25% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Apis India's annualized net income for the quarter that ended in Mar. 2026 was ₹414 Mil. Apis India's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹1,988 Mil. Therefore, Apis India's annualized ROE % for the quarter that ended in Mar. 2026 was 20.82%.

The historical rank and industry rank for Apis India's ROE % or its related term are showing as below:

BOM:506166' s ROE % Range Over the Past 10 Years
Min: 4.21   Med: 15.36   Max: 24.73
Current: 12.89

During the past 13 years, Apis India's highest ROE % was 24.73%. The lowest was 4.21%. And the median was 15.36%.

BOM:506166's ROE % is ranked better than
71.25% of 1913 companies
in the Consumer Packaged Goods industry
Industry Median: 6.73 vs BOM:506166: 12.89

Apis India  (BOM:506166) 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:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=413.868/1987.742
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(413.868 / 3915.592)*(3915.592 / 3080.917)*(3080.917 / 1987.742)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.57 %*1.2709*1.55
=ROA %*Equity Multiplier
=13.43 %*1.55
=20.82 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=413.868/1987.742
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (413.868 / 356.596) * (356.596 / 253.604) * (253.604 / 3915.592) * (3915.592 / 3080.917) * (3080.917 / 1987.742)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.1606 * 1.4061 * 6.48 % * 1.2709 * 1.55
=20.82 %

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.


Apis India ROE % Related Terms


Apis India ROE % Historical Data

* Premium members only.

The historical data trend for Apis India'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.

Apis India ROE % Chart

Apis India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.78 17.18 24.73 15.79 13.62

Apis India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 18.77 5.84 15.49 8.50 20.82

BOM:506166 vs KHC, GIS: ROE % Comparison

For the Packaged Foods subindustry, Apis 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.


Apis India ROE % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Apis India's ROE % distribution charts can be found below:

* The bar in red indicates where Apis India's ROE % falls into.


BOM:506166
62GF Score
Apis India Ltd BOM:506166
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apis India ROE % Calculation

Apis India's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=253.218/( (1731.746+1987.742)/ 2 )
=253.218/1859.744
=13.62 %

Apis India's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=413.868/( (0+1987.742)/ 1 )
=413.868/1987.742
=20.82 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 20.82% mean?
Apis India (BOM:506166) has a ROE % of 20.82% 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 Apis India and its competitors. This is 36% above median its historical median of 15.36. Over the past decade, Apis India's ROE % has ranged from 4.21 to 24.73. According to the industry distribution chart, Apis India ranks #550 out of 1913 companies in the Consumer Packaged Goods industry, placing it in the top 28.8%.
Is Apis India's ROE % too high?
Apis India's current ROE % of 20.82% is 36% above median its 10-year median of 15.36. Over the past 10 years, this metric has ranged from a low of 4.21 to a high of 24.73. The Consumer Packaged Goods industry median ROE % is 6.73. Apis India's value of 20.82% is 209.4% above this industry median. Based on the distribution chart, Apis India ranks #550 out of 1913 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Apis India has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apis India's ROE % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Apis India ranks #550 out of 1913 companies for ROE %. This puts Apis India in the upper half of its industry. The industry median ROE % is 6.73. Apis India's value of 20.82% is 209.4% above this benchmark. Historically, Apis India's own ROE % has ranged from 4.21 to 24.73 over the past decade. While the company's 10-year median is 15.36 vs. the industry median of 6.73, Apis 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 a Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.73, based on 1,913 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. Apis India's current ROE % of 20.82% is 209.4% 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 Apis India and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apis India's current ROE % is 20.82%, which is 36% above median its own 10-year median of 15.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apis India stock overvalued right now?
Based on GuruFocus' analysis, Apis India (BOM:506166) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹13.01, compared to a current price of ₹61.52 — trading 372.9% above its estimated fair value. The current ROE % is 20.82%, which is 36% above median its 10-year median of 15.36 and 209.4% above the Consumer Packaged Goods industry median of 6.73. Apis India's overall GF Score™ is 62/100. 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 Apis India (BOM:506166), the current ROE % is 20.82% 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 Apis India (BOM:506166) Overvalued in 2026?

Based on GuruFocus' analysis, Apis India stock appears to be overvalued. The current stock price of ₹61.52 is trading 372.9% above its estimated GF Value™ of ₹13.01. GuruFocus considers Apis India to be Significantly Overvalued.

Key valuation signals for BOM:506166:

  • ROE %: 20.82% (36% above median its 10-year median of 15.36)
  • GF Value™: ₹13.01 vs. price of ₹61.52 (372.9% above fair value)
  • GF Score™: 62/100
  • Industry Position: 209.4% above the Consumer Packaged Goods median (#550 of 1913)

No single metric tells the full story. See the BOM:506166 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apis India Business Description

Address 18/32, East Patel Nagar, New Delhi, IND, 110 008
Apis India Ltd is a honey manufacturing company. The company has in-house facilities for testing, lab, processing, and filtration of honey. The company's product profile consists of Dates, Green tea, Honey, Pickles and Jam, among others. The company sells its products in India and also exports them to other countries, of which key income is earned in India.
62GF Score

Get the complete analysis for BOM:506166

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹61.52
Price
₹13.01
GF Value