Bajaj Steel IndustriesBOM:507944 -0.24%67 ROE % is 2.19% as of Mar. 2026, which is 89% below its 10-year median of 19.40. GuruFocus rates BOM:507944 with a GF Score™ of 67/100 and a GF Value™ of ₹439.64 (Fairly Valued). The stock has 4 warning signs investors should review. Among 3,003 Industrial Products companies, Bajaj Steel Industries ranks better than 64.17% on this metric.
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.
* 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 Specialty Industrial Machinery subindustry, Bajaj Steel Industries'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.
Bajaj Steel Industries ROE % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Bajaj Steel Industries's ROE % distribution charts can be found below:
* The bar in red indicates where Bajaj Steel Industries'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.
Bajaj Steel Industries (BOM:507944) has a ROE % of 2.19% 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 Bajaj Steel Industries and its competitors. This is 89% below median its historical median of 19.40. According to the industry distribution chart, Bajaj Steel Industries ranks #1076 out of 3003 companies in the Industrial Products industry, placing it in the top 35.8%.
Is Bajaj Steel Industries' ROE % too high?
Bajaj Steel Industries' current ROE % of 2.19% is 89% below median its 10-year median of 19.40. The Industrial Products industry median ROE % is 5.85. Bajaj Steel Industries' value of 2.19% is 62.6% below this industry median. Based on the distribution chart, Bajaj Steel Industries ranks #1076 out of 3003 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Bajaj Steel Industries has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bajaj Steel Industries' ROE % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Bajaj Steel Industries ranks #1076 out of 3003 companies for ROE %. This puts Bajaj Steel Industries in the upper half of its industry. The industry median ROE % is 5.85. Bajaj Steel Industries' value of 2.19% is 62.6% below this benchmark. While the company's 10-year median is 19.40 vs. the industry median of 5.85, Bajaj Steel Industries has consistently been below 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 Industrial Products company?
The median ROE % among Industrial Products companies is 5.85, based on 3,003 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. Bajaj Steel Industries's current ROE % of 2.19% is 62.6% below 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 Bajaj Steel Industries and its competitors. For the Industrial Products industry, the median ROE % is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bajaj Steel Industries's current ROE % is 2.19%, which is 89% below median its own 10-year median of 19.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bajaj Steel Industries stock overvalued right now?
Based on GuruFocus' analysis, Bajaj Steel Industries (BOM:507944) is currently considered Fairly Valued. The stock's GF Value™ is ₹439.64, compared to a current price of ₹411.90 — trading 6.3% below its estimated fair value. The current ROE % is 2.19%, which is 89% below median its 10-year median of 19.40 and 62.6% below the Industrial Products industry median of 5.85. Bajaj Steel Industries' overall GF Score™ is 67/100 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 Bajaj Steel Industries (BOM:507944), the current ROE % is 2.19% 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 Bajaj Steel Industries (BOM:507944) Overvalued in 2026?
Based on GuruFocus' analysis, Bajaj Steel Industries stock appears to be undervalued.
The current stock price of ₹411.90 is trading 6.3% below its estimated GF Value™ of ₹439.64.
GuruFocus considers Bajaj Steel Industries to be Fairly Valued.
Key valuation signals for BOM:507944:
ROE %: 2.19% (89% below median its 10-year median of 19.40)
GF Value™: ₹439.64 vs. price of ₹411.90 (6.3% below fair value)
Industry Position: 62.6% below the Industrial Products median (#1076 of 3003)
No single metric tells the full story. See the BOM:507944 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bajaj Steel Industries Ltd is engaged in various segments such as Cotton Processing Machinery Division, Infrastructure Division, Heavy Engineering Division, Electrical Panel Division, Heavy Engineering Division ,Other Products. The company generates maximum revenue from the Cotton Processing Machinery segment. It manufactures products such as Cotton Ginning and Pressing Machinery, Cotton Cleaning, Cotton Conveying, Cotton Humidification Systems, Cotton Baling Presses, Cotton Seed Processing, Pre-engineered Buildings, Electrical Control Panels, Fire Fighting Systems, Hydraulic Cylinder, Power packs, Specialty Conveyors and Master Batches and others.
67GF Score
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