Narmada Gelatines (BOM:526739) ROE %: 28.12% (As of Mar. 2026) — 207% Above Median

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BOM:526739 Narmada Gelatines Ltd BOM:526739
68 GF Score
Price ₹503.35
GF Value ₹442.17
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Narmada Gelatines ROE %?

Narmada Gelatines BOM:526739 -1.30% 68 ROE % is 28.12% as of Mar. 2026, which is 207% above its 10-year median of 9.17. GuruFocus rates BOM:526739 with a GF Score™ of 68/100 and a GF Value™ of ₹442.17 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,584 Chemicals companies, Narmada Gelatines ranks better than 95.52% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Narmada Gelatines's annualized net income for the quarter that ended in Mar. 2026 was ₹408 Mil. Narmada Gelatines's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹1,452 Mil. Therefore, Narmada Gelatines's annualized ROE % for the quarter that ended in Mar. 2026 was 28.12%.

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

BOM:526739' s ROE % Range Over the Past 10 Years
Min: 5.23   Med: 9.17   Max: 24.11
Current: 24.11

During the past 13 years, Narmada Gelatines's highest ROE % was 24.11%. The lowest was 5.23%. And the median was 9.17%.

BOM:526739's ROE % is ranked better than
95.52% of 1584 companies
in the Chemicals industry
Industry Median: 5.25 vs BOM:526739: 24.11

Narmada Gelatines  (BOM:526739) 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
=408.4/1452.4
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(408.4 / 2468)*(2468 / 1789)*(1789 / 1452.4)
=Net Margin %*Asset Turnover*Equity Multiplier
=16.55 %*1.3795*1.2318
=ROA %*Equity Multiplier
=22.83 %*1.2318
=28.12 %

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
=408.4/1452.4
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (408.4 / 532.8) * (532.8 / 513.6) * (513.6 / 2468) * (2468 / 1789) * (1789 / 1452.4)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7665 * 1.0374 * 20.81 % * 1.3795 * 1.2318
=28.12 %

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.


Narmada Gelatines ROE % Related Terms


Narmada Gelatines ROE % Historical Data

* Premium members only.

The historical data trend for Narmada Gelatines'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.

Narmada Gelatines ROE % Chart

Narmada Gelatines 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 8.69 12.78 15.11 15.72 23.72

Narmada Gelatines 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 20.05 19.89 21.83 26.62 28.12

BOM:526739 vs LIN, SHW, ECL: ROE % Comparison

For the Specialty Chemicals subindustry, Narmada Gelatines'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.


Narmada Gelatines ROE % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Narmada Gelatines's ROE % distribution charts can be found below:

* The bar in red indicates where Narmada Gelatines's ROE % falls into.


BOM:526739
68GF Score
Narmada Gelatines Ltd BOM:526739
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Narmada Gelatines ROE % Calculation

Narmada Gelatines'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 )
=314.9/( (1202.699+1452.4)/ 2 )
=314.9/1327.5495
=23.72 %

Narmada Gelatines'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 )
=408.4/( (0+1452.4)/ 1 )
=408.4/1452.4
=28.12 %

* 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 28.12% mean?
Narmada Gelatines (BOM:526739) has a ROE % of 28.12% 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 Narmada Gelatines and its competitors. This is 207% above median its historical median of 9.17. Over the past decade, Narmada Gelatines' ROE % has ranged from 5.23 to 24.11. According to the industry distribution chart, Narmada Gelatines ranks #71 out of 1584 companies in the Chemicals industry, placing it in the top 4.5%.
Is Narmada Gelatines' ROE % too high?
Narmada Gelatines' current ROE % of 28.12% is 207% above median its 10-year median of 9.17. Over the past 10 years, this metric has ranged from a low of 5.23 to a high of 24.11. The Chemicals industry median ROE % is 5.25. Narmada Gelatines' value of 28.12% is 435.6% above this industry median. Based on the distribution chart, Narmada Gelatines ranks #71 out of 1584 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Narmada Gelatines has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Narmada Gelatines' ROE % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Narmada Gelatines ranks #71 out of 1584 companies for ROE %. This places Narmada Gelatines in the top 5% of its industry — outperforming the majority of peers. The industry median ROE % is 5.25. Narmada Gelatines' value of 28.12% is 435.6% above this benchmark. Historically, Narmada Gelatines' own ROE % has ranged from 5.23 to 24.11 over the past decade. While the company's 10-year median is 9.17 vs. the industry median of 5.25, Narmada Gelatines 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 Chemicals company?
The median ROE % among Chemicals companies is 5.25, based on 1,584 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. Narmada Gelatines's current ROE % of 28.12% is 435.6% 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 Narmada Gelatines and its competitors. For the Chemicals industry, the median ROE % is 5.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Narmada Gelatines's current ROE % is 28.12%, which is 207% above median its own 10-year median of 9.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Narmada Gelatines stock overvalued right now?
Based on GuruFocus' analysis, Narmada Gelatines (BOM:526739) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹442.17, compared to a current price of ₹503.35 — trading 13.8% above its estimated fair value. The current ROE % is 28.12%, which is 207% above median its 10-year median of 9.17 and 435.6% above the Chemicals industry median of 5.25. Narmada Gelatines' overall GF Score™ is 68/100 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 Narmada Gelatines (BOM:526739), the current ROE % is 28.12% 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 Narmada Gelatines (BOM:526739) Overvalued in 2026?

Based on GuruFocus' analysis, Narmada Gelatines stock appears to be overvalued. The current stock price of ₹503.35 is trading 13.8% above its estimated GF Value™ of ₹442.17. GuruFocus considers Narmada Gelatines to be Modestly Overvalued.

Key valuation signals for BOM:526739:

  • ROE %: 28.12% (207% above median its 10-year median of 9.17)
  • GF Value™: ₹442.17 vs. price of ₹503.35 (13.8% above fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 435.6% above the Chemicals median (#71 of 1584)

No single metric tells the full story. See the BOM:526739 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Narmada Gelatines Business Description

Address 15 Civil Lines, Post Box No. 91, Caravs Building, 1st Floor, Room No 28, Jabalpur, MP, IND, 482001
Narmada Gelatines Ltd manufactures and sells Ossein, Gelatine, and by-product Di-calcium Phosphate (DCP) from its Jabalpur facility. Gelatine, a natural animal protein derived from collagen in animal bones, especially bovine bones, is composed of essential amino acids and used in pharmaceuticals, food, photographic, and technical industries. The company operates mainly in India and exports internationally, with domestic sales forming the majority of its revenue. Gelatine and its related products form the company's main operating segment.
68GF Score

Get the complete analysis for BOM:526739

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

₹503.35
Price
₹442.17
GF Value