Shri Keshav Cements & Infra (BOM:530977) ROE %: -43.54% (As of Mar. 2026)

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BOM:530977 Shri Keshav Cements & Infra Ltd BOM:530977
56 GF Score
Price ₹115.85
GF Value ₹210.75
Valuation Possible Value Trap
! 6 Warning Signs
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What is Shri Keshav Cements & Infra ROE %?

Shri Keshav Cements & Infra BOM:530977 -4.02% 56 ROE % is -43.54% as of Mar. 2026. GuruFocus rates BOM:530977 with a GF Score™ of 56/100 and a GF Value™ of ₹210.75 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 403 Building Materials companies, Shri Keshav Cements & Infra ranks worse than 82.38% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Shri Keshav Cements & Infra's annualized net income for the quarter that ended in Mar. 2026 was ₹-391 Mil. Shri Keshav Cements & Infra's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹897 Mil. Therefore, Shri Keshav Cements & Infra's annualized ROE % for the quarter that ended in Mar. 2026 was -43.54%.

The historical rank and industry rank for Shri Keshav Cements & Infra's ROE % or its related term are showing as below:

BOM:530977' s ROE % Range Over the Past 10 Years
Min: -186.69   Med: -6.62   Max: 53.03
Current: -6.85

During the past 13 years, Shri Keshav Cements & Infra's highest ROE % was 53.03%. The lowest was -186.69%. And the median was -6.62%.

BOM:530977's ROE % is ranked worse than
82.38% of 403 companies
in the Building Materials industry
Industry Median: 4.32 vs BOM:530977: -6.85

Shri Keshav Cements & Infra  (BOM:530977) 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
=-390.528/896.875
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-390.528 / 1890.492)*(1890.492 / 4232.212)*(4232.212 / 896.875)
=Net Margin %*Asset Turnover*Equity Multiplier
=-20.66 %*0.4467*4.7188
=ROA %*Equity Multiplier
=-9.23 %*4.7188
=-43.54 %

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
=-390.528/896.875
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-390.528 / -235.092) * (-235.092 / -43.336) * (-43.336 / 1890.492) * (1890.492 / 4232.212) * (4232.212 / 896.875)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.6612 * 5.4249 * -2.29 % * 0.4467 * 4.7188
=-43.54 %

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.


Shri Keshav Cements & Infra ROE % Related Terms


Shri Keshav Cements & Infra ROE % Historical Data

* Premium members only.

The historical data trend for Shri Keshav Cements & Infra'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.

Shri Keshav Cements & Infra ROE % Chart

Shri Keshav Cements & Infra 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 53.03 8.27 12.08 -6.21 -7.02

Shri Keshav Cements & Infra 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 -18.31 12.86 2.74 -2.18 -43.54

BOM:530977 vs CRH, VMC, MLM: ROE % Comparison

For the Building Materials subindustry, Shri Keshav Cements & Infra'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.


Shri Keshav Cements & Infra ROE % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Shri Keshav Cements & Infra's ROE % distribution charts can be found below:

* The bar in red indicates where Shri Keshav Cements & Infra's ROE % falls into.


BOM:530977
56GF Score
Shri Keshav Cements & Infra Ltd BOM:530977
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shri Keshav Cements & Infra ROE % Calculation

Shri Keshav Cements & Infra'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 )
=-65.288/( (962.593+896.875)/ 2 )
=-65.288/929.734
=-7.02 %

Shri Keshav Cements & Infra'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 )
=-390.528/( (0+896.875)/ 1 )
=-390.528/896.875
=-43.54 %

* 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 -43.54% mean?
Shri Keshav Cements & Infra (BOM:530977) has a ROE % of -43.54% 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 Shri Keshav Cements & Infra and its competitors. According to the industry distribution chart, Shri Keshav Cements & Infra ranks #332 out of 403 companies in the Building Materials industry, placing it in the top 82.4%.
Is Shri Keshav Cements & Infra's ROE % too high?
Shri Keshav Cements & Infra's current ROE % is -43.54%. Based on the distribution chart, Shri Keshav Cements & Infra ranks #332 out of 403 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Shri Keshav Cements & Infra has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shri Keshav Cements & Infra's ROE % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Shri Keshav Cements & Infra ranks #332 out of 403 companies for ROE %. This places Shri Keshav Cements & Infra in the lower half of its industry. The industry median ROE % is 4.32. 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 Building Materials company?
The median ROE % among Building Materials companies is 4.32, based on 403 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 Shri Keshav Cements & Infra and its competitors. For the Building Materials industry, the median ROE % is 4.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shri Keshav Cements & Infra's current ROE % is -43.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Keshav Cements & Infra stock overvalued right now?
Based on GuruFocus' analysis, Shri Keshav Cements & Infra (BOM:530977) is currently considered Possible Value Trap. The stock's GF Value™ is ₹210.75, compared to a current price of ₹115.85 — trading 45% below its estimated fair value. The current ROE % is -43.54%. Shri Keshav Cements & Infra's overall GF Score™ is 56/100 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 Shri Keshav Cements & Infra (BOM:530977), the current ROE % is -43.54% 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 Shri Keshav Cements & Infra (BOM:530977) Overvalued in 2026?

Based on GuruFocus' analysis, Shri Keshav Cements & Infra stock appears to be undervalued. The current stock price of ₹115.85 is trading 45% below its estimated GF Value™ of ₹210.75. GuruFocus considers Shri Keshav Cements & Infra to be Possible Value Trap.

Key valuation signals for BOM:530977:

  • ROE %: -43.54%
  • GF Value™: ₹210.75 vs. price of ₹115.85 (45% below fair value)
  • GF Score™: 56/100 with 6 warning signs

No single metric tells the full story. See the BOM:530977 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shri Keshav Cements & Infra Business Description

Address 215/2, Jyoti Tower, Karbhar Galli, Nazar Camp, 6th Cross, Madhavpur Vadgaon, Belgaum, KA, IND, 590005
Shri Keshav Cements & Infra Ltd is an Indian cement and cement products manufacturing company. It is engaged in the manufacture and sale of cement in Karnataka, Goa, and Maharashtra. The company is engaged in manufacturing and trading in cement, trading in coal, trading in petroleum products, and the generation and distribution of solar energy. The company generates a majority of its revenue from the Cement segment, followed by Solar Energy and Petrol and Diesel.
56GF Score

Get the complete analysis for BOM:530977

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

₹115.85
Price
₹210.75
GF Value