Royal India (BOM:512047) ROE %: 5.77% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:512047 Royal India Corp Ltd BOM:512047
53 GF Score
Price ₹5.93
GF Value ₹1.55
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Royal India ROE %?

Royal India BOM:512047 +0.68% 53 ROE % is 5.77% as of Jun. 2026. GuruFocus rates BOM:512047 with a GF Score™ of 53/100 and a GF Value™ of ₹1.55 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,100 Retail - Cyclical companies, Royal India ranks better than 94.55% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Royal India's annualized net income for the quarter that ended in Jun. 2026 was ₹78.57 Mil. Royal India's average Total Stockholders Equity over the quarter that ended in Jun. 2026 was ₹1,362.32 Mil. Therefore, Royal India's annualized ROE % for the quarter that ended in Jun. 2026 was 5.77%.

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

BOM:512047' s ROE % Range Over the Past 10 Years
Min: -393.56   Med: -22.74   Max: 49.11
Current: 49.11

During the past 13 years, Royal India's highest ROE % was 49.11%. The lowest was -393.56%. And the median was -22.74%.

BOM:512047's ROE % is ranked better than
94.55% of 1100 companies
in the Retail - Cyclical industry
Industry Median: 6.625 vs BOM:512047: 49.11

Royal India  (BOM:512047) 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: Jun. 2026 )
=Net Income/Total Stockholders Equity
=78.568/1362.321
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(78.568 / 145.312)*(145.312 / 2010.004)*(2010.004 / 1362.321)
=Net Margin %*Asset Turnover*Equity Multiplier
=54.07 %*0.0723*1.4754
=ROA %*Equity Multiplier
=3.91 %*1.4754
=5.77 %

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: Jun. 2026 )
=Net Income/Total Stockholders Equity
=78.568/1362.321
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (78.568 / 77.16) * (77.16 / 35.58) * (35.58 / 145.312) * (145.312 / 2010.004) * (2010.004 / 1362.321)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0182 * 2.1686 * 24.49 % * 0.0723 * 1.4754
=5.77 %

Note: The net income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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.


Royal India ROE % Related Terms


Royal India ROE % Historical Data

* Premium members only.

The historical data trend for Royal 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.

Royal India ROE % Chart

Royal 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 0.00 0.00 0.00 38.90 48.79

Royal India Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 16.64 6.10 1.60 137.19 5.77

BOM:512047 vs TPR: ROE % Comparison

For the Luxury Goods subindustry, Royal 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.


Royal India ROE % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Royal India's ROE % distribution charts can be found below:

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


BOM:512047
53GF Score
Royal India Corp Ltd BOM:512047
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Royal India ROE % Calculation

Royal 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 )
=521.414/( (775.041+1362.321)/ 2 )
=521.414/1068.681
=48.79 %

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

ROE %=Net Income (Q: Jun. 2026 )/( (Total Stockholders Equity (Q: Mar. 2026 )+Total Stockholders Equity (Q: Jun. 2026 ))/ count )
=78.568/( (1362.321+0)/ 1 )
=78.568/1362.321
=5.77 %

* 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 (Jun. 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 5.77% mean?
Royal India (BOM:512047) has a ROE % of 5.77% as of Jun. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Royal India and its competitors. According to the industry distribution chart, Royal India ranks #60 out of 1100 companies in the Retail - Cyclical industry, placing it in the top 5.5%.
Is Royal India's ROE % too high?
Royal India's current ROE % is 5.77%. The Retail - Cyclical industry median ROE % is 6.63. Royal India's value of 5.77% is 12.9% below this industry median. Based on the distribution chart, Royal India ranks #60 out of 1100 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Royal India has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Royal India's ROE % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Royal India ranks #60 out of 1100 companies for ROE %. This places Royal India in the top 6% of its industry — outperforming the majority of peers. The industry median ROE % is 6.63. Royal India's value of 5.77% is 12.9% below this benchmark. 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 Retail - Cyclical company?
The median ROE % among Retail - Cyclical companies is 6.63, based on 1,100 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. Royal India's current ROE % of 5.77% is 12.9% 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 Royal India and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal India's current ROE % is 5.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal India stock overvalued right now?
Based on GuruFocus' analysis, Royal India (BOM:512047) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1.55, compared to a current price of ₹5.93 — trading 282.6% above its estimated fair value. The current ROE % is 5.77% and 12.9% below the Retail - Cyclical industry median of 6.63. Royal India's overall GF Score™ is 53/100 with 7 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 Royal India (BOM:512047), the current ROE % is 5.77% as of Jun. 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 Royal India (BOM:512047) Overvalued in 2026?

Based on GuruFocus' analysis, Royal India stock appears to be overvalued. The current stock price of ₹5.93 is trading 282.6% above its estimated GF Value™ of ₹1.55. GuruFocus considers Royal India to be Significantly Overvalued.

Key valuation signals for BOM:512047:

  • ROE %: 5.77%
  • GF Value™: ₹1.55 vs. price of ₹5.93 (282.6% above fair value)
  • GF Score™: 53/100 with 7 warning signs
  • Industry Position: 12.9% below the Retail - Cyclical median (#60 of 1100)

No single metric tells the full story. See the BOM:512047 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Royal India Business Description

Address Plot - 45/47, Dhirubhai Parekh Marg, 34, 2nd Floor, Shanti Bhavan, Ladwadi, Kalbadevi, Mumbai, MH, IND, 400002
Royal India Corp Ltd is engaged in the wholesale trading of Gold Bullion, plain gold jewelry, gold coins, and medallions. It derives the majority of its revenue from Local Gold Bar Sales. The Company has business operations mainly in India.
53GF Score

Get the complete analysis for BOM:512047

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

₹5.93
Price
₹1.55
GF Value