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.
The historical rank and industry rank for Spice Islands Industries's ROE % or its related term are showing as below:
BOM:526827'
s ROE % Range Over the Past 10 Years
Min: -1052.02 Med: -31.36 Max: 85.57
Current: 85.57
During the past 13 years, Spice Islands Industries's highest ROE % was 85.57%. The lowest was -1,052.02%. And the median was -31.36%.
BOM:526827's ROE % is ranked better than 97.32% of 112
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 11.945
vs BOM:526827: 85.57
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 Beverages - Non-Alcoholic subindustry, Spice Islands 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.
Spice Islands Industries ROE % vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Spice Islands Industries's ROE % distribution charts can be found below:
* The bar in red indicates where Spice Islands 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.
Spice Islands Industries (BOM:526827) has a ROE % of 88.16% 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 Spice Islands Industries and its competitors. According to the industry distribution chart, Spice Islands Industries ranks #3 out of 112 companies in the Beverages - Non-Alcoholic industry, placing it in the top 2.7%.
Is Spice Islands Industries' ROE % too high?
Spice Islands Industries' current ROE % is 88.16%. The Beverages - Non-Alcoholic industry median ROE % is 11.95. Spice Islands Industries' value of 88.16% is 638% above this industry median. Based on the distribution chart, Spice Islands Industries ranks #3 out of 112 companies in the Beverages - Non-Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Spice Islands Industries has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Spice Islands Industries' ROE % compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Spice Islands Industries ranks #3 out of 112 companies for ROE %. This places Spice Islands Industries in the top 3% of its industry — outperforming the majority of peers. The industry median ROE % is 11.95. Spice Islands Industries' value of 88.16% is 638% above this benchmark. 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 - Non-Alcoholic company?
The median ROE % among Beverages - Non-Alcoholic companies is 11.95, based on 112 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. Spice Islands Industries's current ROE % of 88.16% is 638% 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 Spice Islands Industries and its competitors. For the Beverages - Non-Alcoholic industry, the median ROE % is 11.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spice Islands Industries's current ROE % is 88.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spice Islands Industries stock overvalued right now?
Spice Islands Industries (BOM:526827) has a current ROE % of 88.16%. The current ROE % is 88.16% and 638% above the Beverages - Non-Alcoholic industry median of 11.95. Spice Islands Industries' overall GF Score™ is 28/100 with 6 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 Spice Islands Industries (BOM:526827), the current ROE % is 88.16% 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.
Spice Islands Industries Ltd operates mainly in three areas: i) trading branded packaged beverages, ii) providing hospitality services, and iii) renting electric vehicles (two-wheelers). The rental of electric vehicles: The company has purchased electric vehicles during the year and earns revenue from customers based on the right to use them. The Food and beverages: The company also trades various types of drinks, including carbonated and pulp-based drinks, as well as drinking water. The Hospitality business: It offers services such as room rentals and restaurant services, including banquet services, to various customers. To provide these services, the company has acquired a hotel in Gujarat on a rental basis. The majority of its revenue comes from the food and beverages sector.
28GF Score
Get the complete analysis for BOM:526827
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:526827 has been successfully added to your 
