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Modi NaturalsBOM:519003 +4.18%80 ROE % is 45.72% as of Mar. 2026, which is 786% above its 10-year median of 5.16. GuruFocus rates BOM:519003 with a GF Score™ of 80/100 and a GF Value™ of ₹452.97 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,923 Consumer Packaged Goods companies, Modi Naturals ranks better than 94.54% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Modi Naturals's annualized net income for the quarter that ended in Mar. 2026 was ₹787 Mil. Modi Naturals's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹1,721 Mil. Therefore, Modi Naturals's annualized ROE % for the quarter that ended in Mar. 2026 was 45.72%.
The historical rank and industry rank for Modi Naturals's ROE % or its related term are showing as below:
BOM:519003'
s ROE % Range Over the Past 10 Years
Min: -1.6 Med: 5.16 Max: 34.61
Current: 34.61
During the past 13 years, Modi Naturals's highest ROE % was 34.61%. The lowest was -1.60%. And the median was 5.16%.
BOM:519003's ROE % is ranked better than 94.54% of 1923
companies
in the Consumer Packaged Goods industry
Industry Median: 6.8
vs BOM:519003: 34.61
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.
Modi Naturals ROE % Related Terms
Modi Naturals ROE % Historical Data
* Premium members only.
The historical data trend for Modi Naturals'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.
For the Packaged Foods subindustry, Modi Naturals'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.
Modi Naturals ROE % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Modi Naturals's ROE % distribution charts can be found below:
* The bar in red indicates where Modi Naturals'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.
Modi Naturals (BOM:519003) has a ROE % of 45.72% 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 Modi Naturals and its competitors. This is 786% above median its historical median of 5.16. According to the industry distribution chart, Modi Naturals ranks #105 out of 1923 companies in the Consumer Packaged Goods industry, placing it in the top 5.5%.
Is Modi Naturals' ROE % too high?
Modi Naturals' current ROE % of 45.72% is 786% above median its 10-year median of 5.16. The Consumer Packaged Goods industry median ROE % is 6.80. Modi Naturals' value of 45.72% is 572.4% above this industry median. Based on the distribution chart, Modi Naturals ranks #105 out of 1923 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Modi Naturals has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Modi Naturals' ROE % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Modi Naturals ranks #105 out of 1923 companies for ROE %. This places Modi Naturals in the top 6% of its industry — outperforming the majority of peers. The industry median ROE % is 6.80. Modi Naturals' value of 45.72% is 572.4% above this benchmark. While the company's 10-year median is 5.16 vs. the industry median of 6.80, Modi Naturals 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 Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.80, based on 1,923 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. Modi Naturals's current ROE % of 45.72% is 572.4% 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 Modi Naturals and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modi Naturals's current ROE % is 45.72%, which is 786% above median its own 10-year median of 5.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modi Naturals stock overvalued right now?
Based on GuruFocus' analysis, Modi Naturals (BOM:519003) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹452.97, compared to a current price of ₹408.40 — trading 9.8% below its estimated fair value. The current ROE % is 45.72%, which is 786% above median its 10-year median of 5.16 and 572.4% above the Consumer Packaged Goods industry median of 6.80. Modi Naturals' overall GF Score™ is 80/100 with 1 warning sign 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 Modi Naturals (BOM:519003), the current ROE % is 45.72% 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 Modi Naturals (BOM:519003) Overvalued in 2026?
Based on GuruFocus' analysis, Modi Naturals stock appears to be undervalued.
The current stock price of ₹408.40 is trading 9.8% below its estimated GF Value™ of ₹452.97.
GuruFocus considers Modi Naturals to be Modestly Undervalued.
Key valuation signals for BOM:519003:
ROE %: 45.72% (786% above median its 10-year median of 5.16)
GF Value™: ₹452.97 vs. price of ₹408.40 (9.8% below fair value)
Industry Position: 572.4% above the Consumer Packaged Goods median (#105 of 1923)
No single metric tells the full story. See the BOM:519003 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Modi Naturals Ltd manufactures and markets edible oil and de-oiled cakes in India. The Company has organised the business into two segments viz. Branded Business and Bulk Business. The company offers consumer products and business-to-business (B2B) products. The Oleev brand includes olive oils and healthy oils. Its Rizolo brand offers rice bran oil. Miller brand provides low-absorption technology canola oil, its Pipo brand offers ready-to-cook flavored popcorn, and the Olivana Wellness brand offers massage oils. Its B2B products consist of rice bran oil, sunflower oil, mustard oil, rice bran wax, distilled fatty acids, de-oiled rice bran, and de-oiled sunflower cake. The company generates revenue from the sale of products, sale of packing, and other materials.
80GF Score
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