Ganga Papers IndiaBOM:531813 +4.99%62 ROE % is 9.48% as of Mar. 2026, which is 29% below its 10-year median of 13.41. GuruFocus rates BOM:531813 with a GF Score™ of 62/100 and a GF Value™ of ₹117.66 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 279 Forest Products companies, Ganga Papers India ranks better than 67.03% on this metric.
The historical rank and industry rank for Ganga Papers India's ROE % or its related term are showing as below:
BOM:531813'
s ROE % Range Over the Past 10 Years
Min: 5.08 Med: 13.41 Max: 24.68
Current: 5.09
During the past 10 years, Ganga Papers India's highest ROE % was 24.68%. The lowest was 5.08%. And the median was 13.41%.
BOM:531813's ROE % is ranked better than 67.03% of 279
companies
in the Forest Products industry
Industry Median: 2.02
vs BOM:531813: 5.09
Ganga Papers India (BOM:531813) 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:
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.
Ganga Papers India ROE % Related Terms
Ganga Papers India ROE % Historical Data
* Premium members only.
The historical data trend for Ganga Papers 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.
For the Paper & Paper Products subindustry, Ganga Papers 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.
Ganga Papers India ROE % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Ganga Papers India's ROE % distribution charts can be found below:
* The bar in red indicates where Ganga Papers India'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.
Ganga Papers India (BOM:531813) has a ROE % of 9.48% 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 Ganga Papers India and its competitors. This is 29% below median its historical median of 13.41. Over the past decade, Ganga Papers India's ROE % has ranged from 5.08 to 24.68. According to the industry distribution chart, Ganga Papers India ranks #92 out of 279 companies in the Forest Products industry, placing it in the top 33%.
Is Ganga Papers India's ROE % too high?
Ganga Papers India's current ROE % of 9.48% is 29% below median its 10-year median of 13.41. Over the past 10 years, this metric has ranged from a low of 5.08 to a high of 24.68. The Forest Products industry median ROE % is 2.02. Ganga Papers India's value of 9.48% is 369.3% above this industry median. Based on the distribution chart, Ganga Papers India ranks #92 out of 279 companies in the Forest Products industry, which is above the industry midpoint. Overall, Ganga Papers India has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ganga Papers India's ROE % compare to competitors?
According to the Forest Products industry distribution chart, Ganga Papers India ranks #92 out of 279 companies for ROE %. This puts Ganga Papers India in the upper half of its industry. The industry median ROE % is 2.02. Ganga Papers India's value of 9.48% is 369.3% above this benchmark. Historically, Ganga Papers India's own ROE % has ranged from 5.08 to 24.68 over the past decade. While the company's 10-year median is 13.41 vs. the industry median of 2.02, Ganga Papers 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 a Forest Products company?
The median ROE % among Forest Products companies is 2.02, based on 279 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. Ganga Papers India's current ROE % of 9.48% is 369.3% 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 Ganga Papers India and its competitors. For the Forest Products industry, the median ROE % is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ganga Papers India's current ROE % is 9.48%, which is 29% below median its own 10-year median of 13.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ganga Papers India stock overvalued right now?
Based on GuruFocus' analysis, Ganga Papers India (BOM:531813) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹117.66, compared to a current price of ₹73.21 — trading 37.8% below its estimated fair value. The current ROE % is 9.48%, which is 29% below median its 10-year median of 13.41 and 369.3% above the Forest Products industry median of 2.02. Ganga Papers India's overall GF Score™ is 62/100 with 3 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 Ganga Papers India (BOM:531813), the current ROE % is 9.48% 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 Ganga Papers India (BOM:531813) Overvalued in 2026?
Based on GuruFocus' analysis, Ganga Papers India stock appears to be undervalued.
The current stock price of ₹73.21 is trading 37.8% below its estimated GF Value™ of ₹117.66.
GuruFocus considers Ganga Papers India to be Significantly Undervalued.
Key valuation signals for BOM:531813:
ROE %: 9.48% (29% below median its 10-year median of 13.41)
GF Value™: ₹117.66 vs. price of ₹73.21 (37.8% below fair value)
Industry Position: 369.3% above the Forest Products median (#92 of 279)
No single metric tells the full story. See the BOM:531813 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ganga Papers India Ltd is an Indian company engaged in the manufacturing and sale of paper and paper products. It produces kraft paper, including fluting paper and test liner kraft, as well as newsprint, writing papers, and packaging paperboard products. The company also provides pulp products derived from recycled grades of waste paper, making its paper production eco-friendly. Its products are used for industrial, packaging, stationery, and textbook applications. Ganga Papers operates manufacturing facilities in Pune, Maharashtra, and its revenue is mainly generated from sales of its diversified paper products.
62GF Score
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