BOM:522261'
s ROE % Range Over the Past 10 Years
Min: -4.57 Med: 8.94 Max: 32.92
Current: 22.16
During the past 13 years, Dolphin Offshore Enterprises India's highest ROE % was 32.92%. The lowest was -4.57%. And the median was 8.94%.
BOM:522261's ROE % is ranked better than 85.79% of 957
companies
in the Oil & Gas industry
Industry Median: 5.74
vs BOM:522261: 22.16
Dolphin Offshore Enterprises India (BOM:522261) 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:
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.
Dolphin Offshore Enterprises India ROE % Related Terms
Dolphin Offshore Enterprises India ROE % Historical Data
* 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 Oil & Gas Equipment & Services subindustry, Dolphin Offshore Enterprises 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.
Dolphin Offshore Enterprises India ROE % vs Oil & Gas Industry
* 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.
Dolphin Offshore Enterprises India (BOM:522261) has a ROE % of 32.06% 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 Dolphin Offshore Enterprises India and its competitors. This is 259% above median its historical median of 8.94. According to the industry distribution chart, Dolphin Offshore Enterprises India ranks #136 out of 957 companies in the Oil & Gas industry, placing it in the top 14.2%.
Is Dolphin Offshore Enterprises India's ROE % too high?
Dolphin Offshore Enterprises India's current ROE % of 32.06% is 259% above median its 10-year median of 8.94. The Oil & Gas industry median ROE % is 5.74. Dolphin Offshore Enterprises India's value of 32.06% is 458.5% above this industry median. Based on the distribution chart, Dolphin Offshore Enterprises India ranks #136 out of 957 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Dolphin Offshore Enterprises India has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dolphin Offshore Enterprises India's ROE % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Dolphin Offshore Enterprises India ranks #136 out of 957 companies for ROE %. This places Dolphin Offshore Enterprises India in the top 14% of its industry — outperforming the majority of peers. The industry median ROE % is 5.74. Dolphin Offshore Enterprises India's value of 32.06% is 458.5% above this benchmark. While the company's 10-year median is 8.94 vs. the industry median of 5.74, Dolphin Offshore Enterprises India 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 Oil & Gas company?
The median ROE % among Oil & Gas companies is 5.74, based on 957 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. Dolphin Offshore Enterprises India's current ROE % of 32.06% is 458.5% 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 Dolphin Offshore Enterprises India and its competitors. For the Oil & Gas industry, the median ROE % is 5.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dolphin Offshore Enterprises India's current ROE % is 32.06%, which is 259% above median its own 10-year median of 8.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dolphin Offshore Enterprises India stock overvalued right now?
Based on GuruFocus' analysis, Dolphin Offshore Enterprises India (BOM:522261) is currently considered Possible Value Trap. The stock's GF Value™ is ₹2,121.92, compared to a current price of ₹361.00 — trading 83% below its estimated fair value. The current ROE % is 32.06%, which is 259% above median its 10-year median of 8.94 and 458.5% above the Oil & Gas industry median of 5.74. Dolphin Offshore Enterprises India's overall GF Score™ is 54/100 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 Dolphin Offshore Enterprises India (BOM:522261), the current ROE % is 32.06% 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 Dolphin Offshore Enterprises India (BOM:522261) Overvalued in 2026?
Based on GuruFocus' analysis, Dolphin Offshore Enterprises India stock appears to be undervalued.
The current stock price of ₹361.00 is trading 83% below its estimated GF Value™ of ₹2,121.92.
GuruFocus considers Dolphin Offshore Enterprises India to be Possible Value Trap.
Key valuation signals for BOM:522261:
ROE %: 32.06% (259% above median its 10-year median of 8.94)
GF Value™: ₹2,121.92 vs. price of ₹361.00 (83% below fair value)
Industry Position: 458.5% above the Oil & Gas median (#136 of 957)
No single metric tells the full story. See the BOM:522261 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dolphin Offshore Enterprises India Business Description
Dolphin Offshore Enterprises India Ltd is a provider of underwater services to the Indian oil and gas industry including underwater diving and engineering, design and engineering, vessel operations and management, rig and ship repairs, marine logistics, and fabrication. It also provides equipments like air compressors, gas compressors, exploration and production equipment, and others. The company operates in the Gulf of Mexico, the Caribbean, Brazil, West Africa, Asia Pacific, Middle East, and domestically.
54GF Score
Get the complete analysis for BOM:522261
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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