Krishanveer Forge (BOM:513369) ROE %: 44.75% (As of Mar. 2026) — 296% Above Median


BOM:513369 Krishanveer Forge Ltd BOM:513369
78 GF Score
Price ₹162.35
GF Value ₹125.29
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Krishanveer Forge ROE %?

Krishanveer Forge BOM:513369 -3.68% 78 ROE % is 44.75% as of Mar. 2026, which is 296% above its 10-year median of 11.29. GuruFocus rates BOM:513369 with a GF Score™ of 78/100 and a GF Value™ of ₹125.29 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 3,005 Industrial Products companies, Krishanveer Forge ranks better than 93.54% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Krishanveer Forge's annualized net income for the quarter that ended in Mar. 2026 was ₹230.2 Mil. Krishanveer Forge's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹514.4 Mil. Therefore, Krishanveer Forge's annualized ROE % for the quarter that ended in Mar. 2026 was 44.75%.

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

BOM:513369' s ROE % Range Over the Past 10 Years
Min: -17.15   Med: 11.29   Max: 24.85
Current: 24.85

During the past 13 years, Krishanveer Forge's highest ROE % was 24.85%. The lowest was -17.15%. And the median was 11.29%.

BOM:513369's ROE % is ranked better than
93.54% of 3005 companies
in the Industrial Products industry
Industry Median: 5.85 vs BOM:513369: 24.85

Krishanveer Forge  (BOM:513369) 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
=230.196/514.358
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(230.196 / 973.804)*(973.804 / 684.955)*(684.955 / 514.358)
=Net Margin %*Asset Turnover*Equity Multiplier
=23.64 %*1.4217*1.3317
=ROA %*Equity Multiplier
=33.61 %*1.3317
=44.75 %

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
=230.196/514.358
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (230.196 / 288.316) * (288.316 / 130.476) * (130.476 / 973.804) * (973.804 / 684.955) * (684.955 / 514.358)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7984 * 2.2097 * 13.4 % * 1.4217 * 1.3317
=44.75 %

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.


Krishanveer Forge ROE % Related Terms


Krishanveer Forge ROE % Historical Data

* Premium members only.

The historical data trend for Krishanveer Forge'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.

Krishanveer Forge ROE % Chart

Krishanveer Forge 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 11.84 4.78 10.74 13.83 24.24

Krishanveer Forge 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 13.66 19.53 16.48 16.17 44.75

BOM:513369 vs CRS, ATI, MLI: ROE % Comparison

For the Metal Fabrication subindustry, Krishanveer Forge'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.


Krishanveer Forge ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Krishanveer Forge's ROE % distribution charts can be found below:

* The bar in red indicates where Krishanveer Forge's ROE % falls into.


BOM:513369
78GF Score
Krishanveer Forge Ltd BOM:513369
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Krishanveer Forge ROE % Calculation

Krishanveer Forge'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 )
=113.772/( (424.169+514.358)/ 2 )
=113.772/469.2635
=24.24 %

Krishanveer Forge'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 )
=230.196/( (0+514.358)/ 1 )
=230.196/514.358
=44.75 %

* 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 44.75% mean?
Krishanveer Forge (BOM:513369) has a ROE % of 44.75% 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 Krishanveer Forge and its competitors. This is 296% above median its historical median of 11.29. According to the industry distribution chart, Krishanveer Forge ranks #194 out of 3005 companies in the Industrial Products industry, placing it in the top 6.5%.
Is Krishanveer Forge's ROE % too high?
Krishanveer Forge's current ROE % of 44.75% is 296% above median its 10-year median of 11.29. The Industrial Products industry median ROE % is 5.85. Krishanveer Forge's value of 44.75% is 665% above this industry median. Based on the distribution chart, Krishanveer Forge ranks #194 out of 3005 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Krishanveer Forge has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Krishanveer Forge's ROE % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Krishanveer Forge ranks #194 out of 3005 companies for ROE %. This places Krishanveer Forge in the top 7% of its industry — outperforming the majority of peers. The industry median ROE % is 5.85. Krishanveer Forge's value of 44.75% is 665% above this benchmark. While the company's 10-year median is 11.29 vs. the industry median of 5.85, Krishanveer Forge 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 an Industrial Products company?
The median ROE % among Industrial Products companies is 5.85, based on 3,005 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. Krishanveer Forge's current ROE % of 44.75% is 665% 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 Krishanveer Forge 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. Krishanveer Forge's current ROE % is 44.75%, which is 296% above median its own 10-year median of 11.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Krishanveer Forge stock overvalued right now?
Based on GuruFocus' analysis, Krishanveer Forge (BOM:513369) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹125.29, compared to a current price of ₹162.35 — trading 29.6% above its estimated fair value. The current ROE % is 44.75%, which is 296% above median its 10-year median of 11.29 and 665% above the Industrial Products industry median of 5.85. Krishanveer Forge's overall GF Score™ is 78/100 with 6 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 Krishanveer Forge (BOM:513369), the current ROE % is 44.75% 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 Krishanveer Forge (BOM:513369) Overvalued in 2026?

Based on GuruFocus' analysis, Krishanveer Forge stock appears to be overvalued. The current stock price of ₹162.35 is trading 29.6% above its estimated GF Value™ of ₹125.29. GuruFocus considers Krishanveer Forge to be Modestly Overvalued.

Key valuation signals for BOM:513369:

  • ROE %: 44.75% (296% above median its 10-year median of 11.29)
  • GF Value™: ₹125.29 vs. price of ₹162.35 (29.6% above fair value)
  • GF Score™: 78/100 with 6 warning signs
  • Industry Position: 665% above the Industrial Products median (#194 of 3005)

No single metric tells the full story. See the BOM:513369 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Krishanveer Forge Business Description

Address Global Square, S. No. 247, Office No. 511 to 513, 14B, Yerawada, Pune, MH, IND, 411 006
Krishanveer Forge Ltd is engaged in the business of manufacturing and selling open die forging facilities catering across industries including oil and Gas, infrastructure, Power transmission, mining, and construction. It has one segment namely, the manufacture of forgings. The products in which the company deals are mill roller shafts, gear shafts, tail bars, gear rings, blanks, table rolls, pinions, spindles, elongator rolls, wobblers, and gearing components. Geographically, it derives a majority of its revenue from India.
78GF Score

Get the complete analysis for BOM:513369

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

₹162.35
Price
₹125.29
GF Value