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Shri Gang Industries and Allied Products (BOM:523309) 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.
Shri Gang Industries and Allied Products ROE % Related Terms
Shri Gang Industries and Allied Products 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.
Shri Gang Industries and Allied Products ROE % Chart
Shri Gang Industries and Allied Products Annual Data
For the Beverages - Wineries & Distilleries subindustry, Shri Gang Industries and Allied Products'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.
Shri Gang Industries and Allied Products ROE % vs Beverages - Alcoholic 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.
Shri Gang Industries and Allied Products (BOM:523309) has a ROE % of 15.22% 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 Shri Gang Industries and Allied Products and its competitors. This is 75% below median its historical median of 59.87. Over the past decade, Shri Gang Industries and Allied Products' ROE % has ranged from 59.87 to 74.01. According to the industry distribution chart, Shri Gang Industries and Allied Products ranks #5 out of 205 companies in the Beverages - Alcoholic industry, placing it in the top 2.4%.
Is Shri Gang Industries and Allied Products' ROE % too high?
Shri Gang Industries and Allied Products' current ROE % of 15.22% is 75% below median its 10-year median of 59.87. Over the past 10 years, this metric has ranged from a low of 59.87 to a high of 74.01. The Beverages - Alcoholic industry median ROE % is 5.22. Shri Gang Industries and Allied Products' value of 15.22% is 191.6% above this industry median. Based on the distribution chart, Shri Gang Industries and Allied Products ranks #5 out of 205 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Shri Gang Industries and Allied Products has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shri Gang Industries and Allied Products' ROE % compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Shri Gang Industries and Allied Products ranks #5 out of 205 companies for ROE %. This places Shri Gang Industries and Allied Products in the top 2% of its industry — outperforming the majority of peers. The industry median ROE % is 5.22. Shri Gang Industries and Allied Products' value of 15.22% is 191.6% above this benchmark. Historically, Shri Gang Industries and Allied Products' own ROE % has ranged from 59.87 to 74.01 over the past decade. While the company's 10-year median is 59.87 vs. the industry median of 5.22, Shri Gang Industries and Allied Products 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 Beverages - Alcoholic company?
The median ROE % among Beverages - Alcoholic companies is 5.22, based on 205 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. Shri Gang Industries and Allied Products's current ROE % of 15.22% is 191.6% 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 Shri Gang Industries and Allied Products and its competitors. For the Beverages - Alcoholic industry, the median ROE % is 5.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shri Gang Industries and Allied Products's current ROE % is 15.22%, which is 75% below median its own 10-year median of 59.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Gang Industries and Allied Products stock overvalued right now?
Based on GuruFocus' analysis, Shri Gang Industries and Allied Products (BOM:523309) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹115.04, compared to a current price of ₹64.24 — trading 44.2% below its estimated fair value. The current ROE % is 15.22%, which is 75% below median its 10-year median of 59.87 and 191.6% above the Beverages - Alcoholic industry median of 5.22. Shri Gang Industries and Allied Products' overall GF Score™ is 59/100. 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 Shri Gang Industries and Allied Products (BOM:523309), the current ROE % is 15.22% 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 Shri Gang Industries and Allied Products (BOM:523309) Overvalued in 2026?
Based on GuruFocus' analysis, Shri Gang Industries and Allied Products stock appears to be undervalued.
The current stock price of ₹64.24 is trading 44.2% below its estimated GF Value™ of ₹115.04.
GuruFocus considers Shri Gang Industries and Allied Products to be Significantly Undervalued.
Key valuation signals for BOM:523309:
ROE %: 15.22% (75% below median its 10-year median of 59.87)
GF Value™: ₹115.04 vs. price of ₹64.24 (44.2% below fair value)
Industry Position: 191.6% above the Beverages - Alcoholic median (#5 of 205)
No single metric tells the full story. See the BOM:523309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shri Gang Industries and Allied Products Ltd operates in the alcoholic beverages industry, manufacturing Extra Neutral Alcohol(ENA) and bottling Indian Made Foreign Liquor(IMFL). The company runs a distillery with substantial capacity for producing grain-based ENA used in various alcoholic beverages. Also, it manages a bottling unit that handles large-scale bottling operations. The company also has a history of producing vanaspati, refined oils, and bakery shortenings but has strategically shifted focus towards the liquor sector. It has two business segments- Edible Oil Operations and Liquor Operations. It generates revenue prominently from the manufacturing and sale of alcoholic beverages including bottled liquor products.
59GF Score
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