Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Axtel IndustriesBOM:523850 -0.76%77 ROE % is 35.82% as of Mar. 2026, which is 76% above its 10-year median of 20.35. GuruFocus rates BOM:523850 with a GF Score™ of 77/100 and a GF Value™ of ₹589.51 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 3,004 Industrial Products companies, Axtel Industries ranks better than 93.68% 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.
Axtel Industries ROE % Related Terms
Axtel Industries ROE % Historical Data
* Premium members only.
The historical data trend for Axtel Industries'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 Specialty Industrial Machinery subindustry, Axtel Industries'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.
Axtel Industries ROE % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Axtel Industries's ROE % distribution charts can be found below:
* The bar in red indicates where Axtel Industries'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.
Axtel Industries (BOM:523850) has a ROE % of 35.82% 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 Axtel Industries and its competitors. This is 76% above median its historical median of 20.35. Over the past decade, Axtel Industries' ROE % has ranged from 14.85 to 33.70. According to the industry distribution chart, Axtel Industries ranks #190 out of 3004 companies in the Industrial Products industry, placing it in the top 6.3%.
Is Axtel Industries' ROE % too high?
Axtel Industries' current ROE % of 35.82% is 76% above median its 10-year median of 20.35. Over the past 10 years, this metric has ranged from a low of 14.85 to a high of 33.70. The Industrial Products industry median ROE % is 5.95. Axtel Industries' value of 35.82% is 502% above this industry median. Based on the distribution chart, Axtel Industries ranks #190 out of 3004 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Axtel Industries has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Axtel Industries' ROE % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Axtel Industries ranks #190 out of 3004 companies for ROE %. This places Axtel Industries in the top 6% of its industry — outperforming the majority of peers. The industry median ROE % is 5.95. Axtel Industries' value of 35.82% is 502% above this benchmark. Historically, Axtel Industries' own ROE % has ranged from 14.85 to 33.70 over the past decade. While the company's 10-year median is 20.35 vs. the industry median of 5.95, Axtel Industries 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 5.95, based on 3,004 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. Axtel Industries's current ROE % of 35.82% is 502% 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 Axtel Industries and its competitors. For the Industrial Products industry, the median ROE % is 5.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axtel Industries's current ROE % is 35.82%, which is 76% above median its own 10-year median of 20.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axtel Industries stock overvalued right now?
Based on GuruFocus' analysis, Axtel Industries (BOM:523850) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹589.51, compared to a current price of ₹432.05 — trading 26.7% below its estimated fair value. The current ROE % is 35.82%, which is 76% above median its 10-year median of 20.35 and 502% above the Industrial Products industry median of 5.95. Axtel Industries' overall GF Score™ is 77/100 with 2 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 Axtel Industries (BOM:523850), the current ROE % is 35.82% 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 Axtel Industries (BOM:523850) Overvalued in 2026?
Based on GuruFocus' analysis, Axtel Industries stock appears to be undervalued.
The current stock price of ₹432.05 is trading 26.7% below its estimated GF Value™ of ₹589.51.
GuruFocus considers Axtel Industries to be Modestly Undervalued.
Key valuation signals for BOM:523850:
ROE %: 35.82% (76% above median its 10-year median of 20.35)
GF Value™: ₹589.51 vs. price of ₹432.05 (26.7% below fair value)
Industry Position: 502% above the Industrial Products median (#190 of 3004)
No single metric tells the full story. See the BOM:523850 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Axtel Industries Ltd is engaged in the business of manufacturing process engineering equipment for food processing Industries. The company offers various food processing systems, such as size reduction systems, mixing systems, spice processing systems, and steam sterilization systems, etc. In addition, it also offers a wide range of process equipment such as belt conveyors, bulk loaders, storage tanks, hammer mills, and other equipment for mixing and blending, storage, solids handling, and other applications. The company has only one segment of manufacturing food processing instruments and equipments. Geographically, it derives maximum revenue from its business within India, and also has some exposure to other markets.
77GF Score
Get the complete analysis for BOM:523850
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:523850 has been successfully added to your 
