Garnet Construction (BOM:526727) ROE %: 13.27% (As of Mar. 2026) — 448% Above Median


BOM:526727 Garnet Construction Ltd BOM:526727
58 GF Score
Price ₹70.43
! 2 Warning Signs
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What is Garnet Construction ROE %?

Garnet Construction BOM:526727 -1.62% 58 ROE % is 13.27% as of Mar. 2026, which is 448% above its 10-year median of 2.42. GuruFocus rates BOM:526727 with a GF Score™ of 58/100. The stock has 2 warning signs investors should review. Among 1,731 Real Estate companies, Garnet Construction ranks better than 95.32% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Garnet Construction's annualized net income for the quarter that ended in Mar. 2026 was ₹188.9 Mil. Garnet Construction's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹1,423.7 Mil. Therefore, Garnet Construction's annualized ROE % for the quarter that ended in Mar. 2026 was 13.27%.

The historical rank and industry rank for Garnet Construction's ROE % or its related term are showing as below:

BOM:526727' s ROE % Range Over the Past 10 Years
Min: 0.32   Med: 2.42   Max: 32.13
Current: 31.76

During the past 13 years, Garnet Construction's highest ROE % was 32.13%. The lowest was 0.32%. And the median was 2.42%.

BOM:526727's ROE % is ranked better than
95.32% of 1731 companies
in the Real Estate industry
Industry Median: 3.98 vs BOM:526727: 31.76

Garnet Construction  (BOM:526727) 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:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=188.924/1423.657
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(188.924 / 415.836)*(415.836 / 2150.268)*(2150.268 / 1423.657)
=Net Margin %*Asset Turnover*Equity Multiplier
=45.43 %*0.1934*1.5104
=ROA %*Equity Multiplier
=8.79 %*1.5104
=13.27 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=188.924/1423.657
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (188.924 / 258.36) * (258.36 / 130.82) * (130.82 / 415.836) * (415.836 / 2150.268) * (2150.268 / 1423.657)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7312 * 1.9749 * 31.46 % * 0.1934 * 1.5104
=13.27 %

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.


Garnet Construction ROE % Related Terms


Garnet Construction ROE % Historical Data

* Premium members only.

The historical data trend for Garnet Construction'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.

Garnet Construction ROE % Chart

Garnet Construction Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.32 3.13 7.47 32.13

Garnet Construction Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.79 70.79 20.48 31.38 13.27

Garnet Construction ROE % Competitor Comparison

For the Real Estate - Development subindustry, Garnet Construction'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.


Garnet Construction ROE % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Garnet Construction's ROE % distribution charts can be found below:

* The bar in red indicates where Garnet Construction's ROE % falls into.


BOM:526727
58GF Score
Garnet Construction Ltd BOM:526727
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Garnet Construction ROE % Calculation

Garnet Construction's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=394.006/( (1028.968+1423.657)/ 2 )
=394.006/1226.3125
=32.13 %

Garnet Construction's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=188.924/( (0+1423.657)/ 1 )
=188.924/1423.657
=13.27 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 13.27% mean?
Garnet Construction (BOM:526727) has a ROE % of 13.27% 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 Garnet Construction and its competitors. This is 448% above median its historical median of 2.42. Over the past decade, Garnet Construction's ROE % has ranged from 0.32 to 32.13. According to the industry distribution chart, Garnet Construction ranks #81 out of 1731 companies in the Real Estate industry, placing it in the top 4.7%.
Is Garnet Construction's ROE % too high?
Garnet Construction's current ROE % of 13.27% is 448% above median its 10-year median of 2.42. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 32.13. The Real Estate industry median ROE % is 3.98. Garnet Construction's value of 13.27% is 233.4% above this industry median. Based on the distribution chart, Garnet Construction ranks #81 out of 1731 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Garnet Construction has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Garnet Construction's ROE % compare to competitors?
According to the Real Estate industry distribution chart, Garnet Construction ranks #81 out of 1731 companies for ROE %. This places Garnet Construction in the top 5% of its industry — outperforming the majority of peers. The industry median ROE % is 3.98. Garnet Construction's value of 13.27% is 233.4% above this benchmark. Historically, Garnet Construction's own ROE % has ranged from 0.32 to 32.13 over the past decade. While the company's 10-year median is 2.42 vs. the industry median of 3.98, Garnet Construction 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 Real Estate company?
The median ROE % among Real Estate companies is 3.98, based on 1,731 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. Garnet Construction's current ROE % of 13.27% is 233.4% 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 Garnet Construction and its competitors. For the Real Estate industry, the median ROE % is 3.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Garnet Construction's current ROE % is 13.27%, which is 448% above median its own 10-year median of 2.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garnet Construction stock overvalued right now?
Garnet Construction (BOM:526727) has a current ROE % of 13.27%. The current ROE % is 13.27%, which is 448% above median its 10-year median of 2.42 and 233.4% above the Real Estate industry median of 3.98. Garnet Construction's overall GF Score™ is 58/100 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 Garnet Construction (BOM:526727), the current ROE % is 13.27% 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.

Garnet Construction Business Description

Address New Link Road, 501/531, Laxmi Mall, Laxmi Industrial Estate, Andheri West, Mumbai, MH, IND, 400053
Garnet Construction Ltd is an India-based real estate development company. The company is principally engaged in the residential, commercial, retail and other projects, such as mass housing and cluster redevelopment. The residential projects of the company are Pyramid, Brillante, and Magic Hills; the commercial project is Garnet Palladium, and the industrial projects are Arkose Industrial Estate and Aditya Industrial Estate. It derives maximum revenue from the sale of land and plots. The group operates in India.
58GF Score

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ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹70.43
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