V B Desai Financial Services (BOM:511110) ROE %: 6.38% (As of Mar. 2026) — 69% Above Median


BOM:511110 V B Desai Financial Services Ltd BOM:511110
69 GF Score
Price ₹17.50
GF Value ₹19.05
Valuation Fairly Valued
! 3 Warning Signs
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What is V B Desai Financial Services ROE %?

V B Desai Financial Services BOM:511110 -1.07% 69 ROE % is 6.38% as of Mar. 2026, which is 69% above its 10-year median of 3.78. GuruFocus rates BOM:511110 with a GF Score™ of 69/100 and a GF Value™ of ₹19.05 (Fairly Valued). The stock has 3 warning signs investors should review. Among 790 Capital Markets companies, V B Desai Financial Services ranks better than 52.91% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. V B Desai Financial Services's annualized net income for the quarter that ended in Mar. 2026 was ₹8.24 Mil. V B Desai Financial Services's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹129.16 Mil. Therefore, V B Desai Financial Services's annualized ROE % for the quarter that ended in Mar. 2026 was 6.38%.

The historical rank and industry rank for V B Desai Financial Services's ROE % or its related term are showing as below:

BOM:511110' s ROE % Range Over the Past 10 Years
Min: 0.85   Med: 3.78   Max: 6.96
Current: 6.96

During the past 13 years, V B Desai Financial Services's highest ROE % was 6.96%. The lowest was 0.85%. And the median was 3.78%.

BOM:511110's ROE % is ranked better than
52.91% of 790 companies
in the Capital Markets industry
Industry Median: 6.035 vs BOM:511110: 6.96

V B Desai Financial Services  (BOM:511110) 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
=8.236/129.157
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(8.236 / 24.96)*(24.96 / 135.01)*(135.01 / 129.157)
=Net Margin %*Asset Turnover*Equity Multiplier
=33 %*0.1849*1.0453
=ROA %*Equity Multiplier
=6.1 %*1.0453
=6.38 %

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
=8.236/129.157
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (8.236 / 11.02) * (11.02 / 0.248) * (0.248 / 24.96) * (24.96 / 135.01) * (135.01 / 129.157)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7474 * 44.4355 * 0.99 % * 0.1849 * 1.0453
=6.38 %

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.


V B Desai Financial Services ROE % Related Terms


V B Desai Financial Services ROE % Historical Data

* Premium members only.

The historical data trend for V B Desai Financial Services'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.

V B Desai Financial Services ROE % Chart

V B Desai Financial Services 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 3.40 2.85 4.15 4.75 6.96

V B Desai Financial Services 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 6.52 6.73 7.65 7.09 6.38

BOM:511110 vs MS, GS, SCHW: ROE % Comparison

For the Capital Markets subindustry, V B Desai Financial Services'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.


V B Desai Financial Services ROE % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, V B Desai Financial Services's ROE % distribution charts can be found below:

* The bar in red indicates where V B Desai Financial Services's ROE % falls into.


BOM:511110
69GF Score
V B Desai Financial Services Ltd BOM:511110
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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V B Desai Financial Services ROE % Calculation

V B Desai Financial Services'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 )
=8.69/( (120.468+129.157)/ 2 )
=8.69/124.8125
=6.96 %

V B Desai Financial Services'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 )
=8.236/( (0+129.157)/ 1 )
=8.236/129.157
=6.38 %

* 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 6.38% mean?
V B Desai Financial Services (BOM:511110) has a ROE % of 6.38% 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 V B Desai Financial Services and its competitors. This is 69% above median its historical median of 3.78. Over the past decade, V B Desai Financial Services' ROE % has ranged from 0.85 to 6.96. According to the industry distribution chart, V B Desai Financial Services ranks #372 out of 790 companies in the Capital Markets industry, placing it in the top 47.1%.
Is V B Desai Financial Services' ROE % too high?
V B Desai Financial Services' current ROE % of 6.38% is 69% above median its 10-year median of 3.78. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 6.96. The Capital Markets industry median ROE % is 6.04. V B Desai Financial Services' value of 6.38% is 5.7% above this industry median. Based on the distribution chart, V B Desai Financial Services ranks #372 out of 790 companies in the Capital Markets industry, which is above the industry midpoint. Overall, V B Desai Financial Services has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does V B Desai Financial Services' ROE % compare to MS and GS?
According to the Capital Markets industry distribution chart, V B Desai Financial Services ranks #372 out of 790 companies for ROE %. This puts V B Desai Financial Services in the upper half of its industry. The industry median ROE % is 6.04. V B Desai Financial Services' value of 6.38% is 5.7% above this benchmark. Historically, V B Desai Financial Services' own ROE % has ranged from 0.85 to 6.96 over the past decade. While the company's 10-year median is 3.78 vs. the industry median of 6.04, V B Desai Financial Services 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 Capital Markets company?
The median ROE % among Capital Markets companies is 6.04, based on 790 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. V B Desai Financial Services's current ROE % of 6.38% is 5.7% 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 V B Desai Financial Services and its competitors. For the Capital Markets industry, the median ROE % is 6.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. V B Desai Financial Services's current ROE % is 6.38%, which is 69% above median its own 10-year median of 3.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V B Desai Financial Services stock overvalued right now?
Based on GuruFocus' analysis, V B Desai Financial Services (BOM:511110) is currently considered Fairly Valued. The stock's GF Value™ is ₹19.05, compared to a current price of ₹17.50 — trading 8.1% below its estimated fair value. The current ROE % is 6.38%, which is 69% above median its 10-year median of 3.78 and 5.7% above the Capital Markets industry median of 6.04. V B Desai Financial Services' overall GF Score™ is 69/100 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 V B Desai Financial Services (BOM:511110), the current ROE % is 6.38% 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 V B Desai Financial Services (BOM:511110) Overvalued in 2026?

Based on GuruFocus' analysis, V B Desai Financial Services stock appears to be undervalued. The current stock price of ₹17.50 is trading 8.1% below its estimated GF Value™ of ₹19.05. GuruFocus considers V B Desai Financial Services to be Fairly Valued.

Key valuation signals for BOM:511110:

  • ROE %: 6.38% (69% above median its 10-year median of 3.78)
  • GF Value™: ₹19.05 vs. price of ₹17.50 (8.1% below fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 5.7% above the Capital Markets median (#372 of 790)

No single metric tells the full story. See the BOM:511110 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


V B Desai Financial Services Business Description

Address 24/26 Dalai Street, Cama Building, 1st Floor, Fort, Mumbai, MH, IND, 400001
V B Desai Financial Services Ltd is an Indian company providing merchant banking services. The company is engaged in offering financial and advisory services. It provides services like Share Valuation, (Employee Stock Option Plan) ESOP Valuation, ESOP Advisory, merger and acquisition, to act as Manager in Buyback of shares and Acquisition, Takeover of Listed Companies and Initial Public Offerings, etc. The Company has one segment which is Merchant Banking and financial services.
69GF Score

Get the complete analysis for BOM:511110

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

₹17.50
Price
₹19.05
GF Value