DHP India (BOM:531306) ROE %: 6.92% (As of Mar. 2026) — 68% Below Median


BOM:531306 DHP India Ltd BOM:531306
76 GF Score
Price ₹530.65
GF Value ₹723.63
Valuation Modestly Undervalued
! 5 Warning Signs
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What is DHP India ROE %?

DHP India BOM:531306 +2.39% 76 ROE % is 6.92% as of Mar. 2026, which is 68% below its 10-year median of 21.55. GuruFocus rates BOM:531306 with a GF Score™ of 76/100 and a GF Value™ of ₹723.63 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,998 Industrial Products companies, DHP India ranks worse than 55.84% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. DHP India's annualized net income for the quarter that ended in Mar. 2026 was ₹163.9 Mil. DHP India's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹2,368.0 Mil. Therefore, DHP India's annualized ROE % for the quarter that ended in Mar. 2026 was 6.92%.

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

BOM:531306' s ROE % Range Over the Past 10 Years
Min: 4.43   Med: 21.55   Max: 29.25
Current: 4.62

During the past 13 years, DHP India's highest ROE % was 29.25%. The lowest was 4.43%. And the median was 21.55%.

BOM:531306's ROE % is ranked worse than
55.84% of 2998 companies
in the Industrial Products industry
Industry Median: 5.855 vs BOM:531306: 4.62

DHP India  (BOM:531306) 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
=163.9/2367.995
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(163.9 / 841.736)*(841.736 / 2492.864)*(2492.864 / 2367.995)
=Net Margin %*Asset Turnover*Equity Multiplier
=19.47 %*0.3377*1.0527
=ROA %*Equity Multiplier
=6.58 %*1.0527
=6.92 %

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
=163.9/2367.995
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (163.9 / 235.68) * (235.68 / 236.84) * (236.84 / 841.736) * (841.736 / 2492.864) * (2492.864 / 2367.995)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6954 * 0.9951 * 28.14 % * 0.3377 * 1.0527
=6.92 %

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.


DHP India ROE % Related Terms


DHP India ROE % Historical Data

* Premium members only.

The historical data trend for DHP India'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.

DHP India ROE % Chart

DHP India 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 27.46 14.51 13.55 29.25 4.66

DHP India 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 108.78 7.67 1.91 2.03 6.92

BOM:531306 vs SNA, RBC, LECO: ROE % Comparison

For the Tools & Accessories subindustry, DHP India'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.


DHP India ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, DHP India's ROE % distribution charts can be found below:

* The bar in red indicates where DHP India's ROE % falls into.


BOM:531306
76GF Score
DHP India Ltd BOM:531306
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DHP India ROE % Calculation

DHP India'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 )
=110.573/( (2380.85+2367.995)/ 2 )
=110.573/2374.4225
=4.66 %

DHP India'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 )
=163.9/( (0+2367.995)/ 1 )
=163.9/2367.995
=6.92 %

* 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 6.92% mean?
DHP India (BOM:531306) has a ROE % of 6.92% 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 DHP India and its competitors. This is 68% below median its historical median of 21.55. Over the past decade, DHP India's ROE % has ranged from 4.43 to 29.25. According to the industry distribution chart, DHP India ranks #1674 out of 2998 companies in the Industrial Products industry, placing it in the top 55.8%.
Is DHP India's ROE % too high?
DHP India's current ROE % of 6.92% is 68% below median its 10-year median of 21.55. Over the past 10 years, this metric has ranged from a low of 4.43 to a high of 29.25. The Industrial Products industry median ROE % is 5.86. DHP India's value of 6.92% is 18.2% above this industry median. Based on the distribution chart, DHP India ranks #1674 out of 2998 companies in the Industrial Products industry, which is below the industry midpoint. Overall, DHP India has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DHP India's ROE % compare to SNA and RBC?
According to the Industrial Products industry distribution chart, DHP India ranks #1674 out of 2998 companies for ROE %. This places DHP India in the lower half of its industry. The industry median ROE % is 5.86. DHP India's value of 6.92% is 18.2% above this benchmark. Historically, DHP India's own ROE % has ranged from 4.43 to 29.25 over the past decade. While the company's 10-year median is 21.55 vs. the industry median of 5.86, DHP India 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 an Industrial Products company?
The median ROE % among Industrial Products companies is 5.86, based on 2,998 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. DHP India's current ROE % of 6.92% is 18.2% 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 DHP India and its competitors. For the Industrial Products industry, the median ROE % is 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DHP India's current ROE % is 6.92%, which is 68% below median its own 10-year median of 21.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DHP India stock overvalued right now?
Based on GuruFocus' analysis, DHP India (BOM:531306) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹723.63, compared to a current price of ₹530.65 — trading 26.7% below its estimated fair value. The current ROE % is 6.92%, which is 68% below median its 10-year median of 21.55 and 18.2% above the Industrial Products industry median of 5.86. DHP India's overall GF Score™ is 76/100 with 5 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 DHP India (BOM:531306), the current ROE % is 6.92% 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 DHP India (BOM:531306) Overvalued in 2026?

Based on GuruFocus' analysis, DHP India stock appears to be undervalued. The current stock price of ₹530.65 is trading 26.7% below its estimated GF Value™ of ₹723.63. GuruFocus considers DHP India to be Modestly Undervalued.

Key valuation signals for BOM:531306:

  • ROE %: 6.92% (68% below median its 10-year median of 21.55)
  • GF Value™: ₹723.63 vs. price of ₹530.65 (26.7% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 18.2% above the Industrial Products median (#1674 of 2998)

No single metric tells the full story. See the BOM:531306 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DHP India Business Description

Address 42A, Park Street, 7B, Shreelekha, 7th Floor, Kolkata, WB, IND, 700 016
DHP India Ltd is an India-based company, which is engaged in the manufacturing of engineering goods, such as liquefied petroleum gas (LPG) regulators, accessories, and related brass items. The company's products include Propane Regulators, Butane Regulators, LPG Regulators, Hose Assemblies, and Brass Fittings. It sells its products in the domestic, as well as export markets.
76GF Score

Get the complete analysis for BOM:531306

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

₹530.65
Price
₹723.63
GF Value