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B.N. Rathi SecuritiesBOM:523019 +0.64%76 ROE % is 13.88% as of Mar. 2026, which is 4% below its 10-year median of 14.41. GuruFocus rates BOM:523019 with a GF Score™ of 76/100 and a GF Value™ of ₹24.40 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 794 Capital Markets companies, B.N. Rathi Securities ranks better than 69.14% on this metric.
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.
* 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 Capital Markets subindustry, B.N. Rathi Securities'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.
B.N. Rathi Securities ROE % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, B.N. Rathi Securities's ROE % distribution charts can be found below:
* The bar in red indicates where B.N. Rathi Securities'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.
B.N. Rathi Securities (BOM:523019) has a ROE % of 13.88% 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 B.N. Rathi Securities and its competitors. This is near median its historical median of 14.41. Over the past decade, B.N. Rathi Securities' ROE % has ranged from 5.99 to 19.71. According to the industry distribution chart, B.N. Rathi Securities ranks #245 out of 794 companies in the Capital Markets industry, placing it in the top 30.9%.
Is B.N. Rathi Securities' ROE % too high?
B.N. Rathi Securities' current ROE % of 13.88% is near median its 10-year median of 14.41. Over the past 10 years, this metric has ranged from a low of 5.99 to a high of 19.71. The Capital Markets industry median ROE % is 6.02. B.N. Rathi Securities' value of 13.88% is 130.6% above this industry median. Based on the distribution chart, B.N. Rathi Securities ranks #245 out of 794 companies in the Capital Markets industry, which is above the industry midpoint. Overall, B.N. Rathi Securities has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does B.N. Rathi Securities' ROE % compare to MS and GS?
According to the Capital Markets industry distribution chart, B.N. Rathi Securities ranks #245 out of 794 companies for ROE %. This puts B.N. Rathi Securities in the upper half of its industry. The industry median ROE % is 6.02. B.N. Rathi Securities' value of 13.88% is 130.6% above this benchmark. Historically, B.N. Rathi Securities' own ROE % has ranged from 5.99 to 19.71 over the past decade. While the company's 10-year median is 14.41 vs. the industry median of 6.02, B.N. Rathi Securities 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 6.02, based on 794 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. B.N. Rathi Securities's current ROE % of 13.88% is 130.6% 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 B.N. Rathi Securities and its competitors. For the Capital Markets industry, the median ROE % is 6.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. B.N. Rathi Securities's current ROE % is 13.88%, which is near median its own 10-year median of 14.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B.N. Rathi Securities stock overvalued right now?
Based on GuruFocus' analysis, B.N. Rathi Securities (BOM:523019) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹24.40, compared to a current price of ₹17.25 — trading 29.3% below its estimated fair value. The current ROE % is 13.88%, which is near median its 10-year median of 14.41 and 130.6% above the Capital Markets industry median of 6.02. B.N. Rathi Securities' overall GF Score™ is 76/100 with 4 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 B.N. Rathi Securities (BOM:523019), the current ROE % is 13.88% 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 B.N. Rathi Securities (BOM:523019) Overvalued in 2026?
Based on GuruFocus' analysis, B.N. Rathi Securities stock appears to be undervalued.
The current stock price of ₹17.25 is trading 29.3% below its estimated GF Value™ of ₹24.40.
GuruFocus considers B.N. Rathi Securities to be Modestly Undervalued.
Key valuation signals for BOM:523019:
ROE %: 13.88% (near median its 10-year median of 14.41)
GF Value™: ₹24.40 vs. price of ₹17.25 (29.3% below fair value)
Industry Position: 130.6% above the Capital Markets median (#245 of 794)
No single metric tells the full story. See the BOM:523019 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
B.N. Rathi Securities Ltd is an India-based stockbroking firm. Principally, it provides the integrated type of services, related to the financial market transactions. The company operates through Broking activities and Property development. In addition, it offers services such as internet trading in equities and derivatives, depository participants of Central Depository Services Limited, primary market services, mutual fund, and initial public offerings advisory services, as well as currency and commodity trading services. It derives a majority of the revenue from the broking operations.
76GF Score
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