Indag Rubber (BOM:509162) ROE %: 4.64% (As of Mar. 2026) — 23% Below Median


BOM:509162 Indag Rubber Ltd BOM:509162
68 GF Score
Price ₹107.05
GF Value ₹123.70
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Indag Rubber ROE %?

Indag Rubber BOM:509162 +5.93% 68 ROE % is 4.64% as of Mar. 2026, which is 23% below its 10-year median of 6.01. GuruFocus rates BOM:509162 with a GF Score™ of 68/100 and a GF Value™ of ₹123.70 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,308 Vehicles & Parts companies, Indag Rubber ranks worse than 59.56% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Indag Rubber's annualized net income for the quarter that ended in Mar. 2026 was ₹107 Mil. Indag Rubber's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹2,309 Mil. Therefore, Indag Rubber's annualized ROE % for the quarter that ended in Mar. 2026 was 4.64%.

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

BOM:509162' s ROE % Range Over the Past 10 Years
Min: 1.28   Med: 6.01   Max: 13.12
Current: 4.43

During the past 13 years, Indag Rubber's highest ROE % was 13.12%. The lowest was 1.28%. And the median was 6.01%.

BOM:509162's ROE % is ranked worse than
59.56% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 6.62 vs BOM:509162: 4.43

Indag Rubber  (BOM:509162) 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
=107.136/2309.338
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(107.136 / 2431.528)*(2431.528 / 3063.345)*(3063.345 / 2309.338)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.41 %*0.7937*1.3265
=ROA %*Equity Multiplier
=3.5 %*1.3265
=4.64 %

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
=107.136/2309.338
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (107.136 / 114.292) * (114.292 / 41.608) * (41.608 / 2431.528) * (2431.528 / 3063.345) * (3063.345 / 2309.338)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9374 * 2.7469 * 1.71 % * 0.7937 * 1.3265
=4.64 %

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.


Indag Rubber ROE % Related Terms


Indag Rubber ROE % Historical Data

* Premium members only.

The historical data trend for Indag Rubber'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.

Indag Rubber ROE % Chart

Indag Rubber 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 1.28 6.33 7.38 2.88 4.44

Indag Rubber 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 1.88 2.35 5.61 5.10 4.64

BOM:509162 vs ORLY, AZO: ROE % Comparison

For the Auto Parts subindustry, Indag Rubber'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.


Indag Rubber ROE % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Indag Rubber's ROE % distribution charts can be found below:

* The bar in red indicates where Indag Rubber's ROE % falls into.


BOM:509162
68GF Score
Indag Rubber Ltd BOM:509162
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indag Rubber ROE % Calculation

Indag Rubber'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 )
=101.827/( (2276.004+2309.338)/ 2 )
=101.827/2292.671
=4.44 %

Indag Rubber'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 )
=107.136/( (0+2309.338)/ 1 )
=107.136/2309.338
=4.64 %

* 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 4.64% mean?
Indag Rubber (BOM:509162) has a ROE % of 4.64% 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 Indag Rubber and its competitors. This is 23% below median its historical median of 6.01. Over the past decade, Indag Rubber's ROE % has ranged from 1.28 to 13.12. According to the industry distribution chart, Indag Rubber ranks #779 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 59.6%.
Is Indag Rubber's ROE % too high?
Indag Rubber's current ROE % of 4.64% is 23% below median its 10-year median of 6.01. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 13.12. The Vehicles & Parts industry median ROE % is 6.62. Indag Rubber's value of 4.64% is 29.9% below this industry median. Based on the distribution chart, Indag Rubber ranks #779 out of 1308 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Indag Rubber has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indag Rubber's ROE % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Indag Rubber ranks #779 out of 1308 companies for ROE %. This places Indag Rubber in the lower half of its industry. The industry median ROE % is 6.62. Indag Rubber's value of 4.64% is 29.9% below this benchmark. Historically, Indag Rubber's own ROE % has ranged from 1.28 to 13.12 over the past decade. While the company's 10-year median is 6.01 vs. the industry median of 6.62, Indag Rubber 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 a Vehicles & Parts company?
The median ROE % among Vehicles & Parts companies is 6.62, based on 1,308 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. Indag Rubber's current ROE % of 4.64% is 29.9% 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 Indag Rubber and its competitors. For the Vehicles & Parts industry, the median ROE % is 6.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indag Rubber's current ROE % is 4.64%, which is 23% below median its own 10-year median of 6.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indag Rubber stock overvalued right now?
Based on GuruFocus' analysis, Indag Rubber (BOM:509162) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹123.70, compared to a current price of ₹107.05 — trading 13.5% below its estimated fair value. The current ROE % is 4.64%, which is 23% below median its 10-year median of 6.01 and 29.9% below the Vehicles & Parts industry median of 6.62. Indag Rubber's overall GF Score™ is 68/100 with 3 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 Indag Rubber (BOM:509162), the current ROE % is 4.64% 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 Indag Rubber (BOM:509162) Overvalued in 2026?

Based on GuruFocus' analysis, Indag Rubber stock appears to be undervalued. The current stock price of ₹107.05 is trading 13.5% below its estimated GF Value™ of ₹123.70. GuruFocus considers Indag Rubber to be Modestly Undervalued.

Key valuation signals for BOM:509162:

  • ROE %: 4.64% (23% below median its 10-year median of 6.01)
  • GF Value™: ₹123.70 vs. price of ₹107.05 (13.5% below fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 29.9% below the Vehicles & Parts median (#779 of 1308)

No single metric tells the full story. See the BOM:509162 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Indag Rubber Business Description

Address 11, Community Centre, 2nd and 3rd Floor, Saket, Khemka house, New Delhi, IND, 110017
Indag Rubber Ltd is engaged in the manufacturing and selling of Precured Tread Rubber and allied products. The company operates in two segments: Precured Tread Rubber segment involved is engaged in the manufacturing of the Precured Tread Rubber, Bonding Repair and Extrusion Gum and Rubber Cement, which are used for retreading of tyres and providing tyre retreading service and allied products/services; and Power conversation system is into the business of manufacturing of power conversion system (PCS) for battery energy storage system (BESS) and power electronics and electronics in the green energy sector.
68GF Score

Get the complete analysis for BOM:509162

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

₹107.05
Price
₹123.70
GF Value