Ashish Polyplast (BOM:530429) ROE %: -19.94% (As of Mar. 2026)


BOM:530429 Ashish Polyplast Ltd BOM:530429
55 GF Score
Price ₹28.90
GF Value ₹33.62
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Ashish Polyplast ROE %?

Ashish Polyplast BOM:530429 -6.77% 55 ROE % is -19.94% as of Mar. 2026. GuruFocus rates BOM:530429 with a GF Score™ of 55/100 and a GF Value™ of ₹33.62 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,581 Chemicals companies, Ashish Polyplast ranks worse than 66.48% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Ashish Polyplast's annualized net income for the quarter that ended in Mar. 2026 was ₹-13.6 Mil. Ashish Polyplast's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹68.4 Mil. Therefore, Ashish Polyplast's annualized ROE % for the quarter that ended in Mar. 2026 was -19.94%.

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

BOM:530429' s ROE % Range Over the Past 10 Years
Min: 1.9   Med: 3.84   Max: 13.9
Current: 1.9

During the past 13 years, Ashish Polyplast's highest ROE % was 13.90%. The lowest was 1.90%. And the median was 3.84%.

BOM:530429's ROE % is ranked worse than
66.48% of 1581 companies
in the Chemicals industry
Industry Median: 5.21 vs BOM:530429: 1.90

Ashish Polyplast  (BOM:530429) 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
=-13.628/68.352
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-13.628 / 161.98)*(161.98 / 95.432)*(95.432 / 68.352)
=Net Margin %*Asset Turnover*Equity Multiplier
=-8.41 %*1.6973*1.3962
=ROA %*Equity Multiplier
=-14.27 %*1.3962
=-19.94 %

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
=-13.628/68.352
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-13.628 / -15.516) * (-15.516 / 1.56) * (1.56 / 161.98) * (161.98 / 95.432) * (95.432 / 68.352)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8783 * -9.9462 * 0.96 % * 1.6973 * 1.3962
=-19.94 %

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.


Ashish Polyplast ROE % Related Terms


Ashish Polyplast ROE % Historical Data

* Premium members only.

The historical data trend for Ashish Polyplast'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.

Ashish Polyplast ROE % Chart

Ashish Polyplast 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 6.06 3.41 13.90 3.75 1.92

Ashish Polyplast 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 -23.74 23.29 -4.08 8.63 -19.94

BOM:530429 vs LIN, SHW, ECL: ROE % Comparison

For the Specialty Chemicals subindustry, Ashish Polyplast'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.


Ashish Polyplast ROE % vs Chemicals Industry

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

* The bar in red indicates where Ashish Polyplast's ROE % falls into.


BOM:530429
55GF Score
Ashish Polyplast Ltd BOM:530429
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ashish Polyplast ROE % Calculation

Ashish Polyplast'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 )
=1.303/( (67.174+68.352)/ 2 )
=1.303/67.763
=1.92 %

Ashish Polyplast'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 )
=-13.628/( (0+68.352)/ 1 )
=-13.628/68.352
=-19.94 %

* 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 -19.94% mean?
Ashish Polyplast (BOM:530429) has a ROE % of -19.94% 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 Ashish Polyplast and its competitors. Over the past decade, Ashish Polyplast's ROE % has ranged from 1.90 to 13.90. According to the industry distribution chart, Ashish Polyplast ranks #1051 out of 1581 companies in the Chemicals industry, placing it in the top 66.5%.
Is Ashish Polyplast's ROE % too high?
Ashish Polyplast's current ROE % is -19.94%. Over the past 10 years, this metric has ranged from a low of 1.90 to a high of 13.90. Based on the distribution chart, Ashish Polyplast ranks #1051 out of 1581 companies in the Chemicals industry, which is below the industry midpoint. Overall, Ashish Polyplast has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ashish Polyplast's ROE % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ashish Polyplast ranks #1051 out of 1581 companies for ROE %. This places Ashish Polyplast in the lower half of its industry. The industry median ROE % is 5.21. Historically, Ashish Polyplast's own ROE % has ranged from 1.90 to 13.90 over the past decade. 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 5.21, based on 1,581 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. 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 Ashish Polyplast and its competitors. For the Chemicals industry, the median ROE % is 5.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashish Polyplast's current ROE % is -19.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashish Polyplast stock overvalued right now?
Based on GuruFocus' analysis, Ashish Polyplast (BOM:530429) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹33.62, compared to a current price of ₹28.90 — trading 14% below its estimated fair value. The current ROE % is -19.94%. Ashish Polyplast's overall GF Score™ is 55/100 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 Ashish Polyplast (BOM:530429), the current ROE % is -19.94% 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 Ashish Polyplast (BOM:530429) Overvalued in 2026?

Based on GuruFocus' analysis, Ashish Polyplast stock appears to be undervalued. The current stock price of ₹28.90 is trading 14% below its estimated GF Value™ of ₹33.62. GuruFocus considers Ashish Polyplast to be Modestly Undervalued.

Key valuation signals for BOM:530429:

  • ROE %: -19.94%
  • GF Value™: ₹33.62 vs. price of ₹28.90 (14% below fair value)
  • GF Score™: 55/100 with 2 warning signs

No single metric tells the full story. See the BOM:530429 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ashish Polyplast Business Description

Address 501, Fortune Business Hub, Near Satyomev Elysium, Near Science City, Sola, Ahmedabad, GJ, IND, 380060
Ashish Polyplast Ltd is an India-based company principally engaged in the manufacturing of polyvinyl chloride (PVC) pipes. It manufactures and exports braided hoses and flexible PVC hoses. The Company has only one segment, which is PVC Pipes and majorly operates in the domestic market. The company's product portfolio includes Braided hose, Flexible duct hose, Flexible heavy-duty suction and delivery hose, and other related products.
55GF Score

Get the complete analysis for BOM:530429

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

₹28.90
Price
₹33.62
GF Value