Joindre Capital Services (BOM:531861) ROE %: 36.49% (As of Mar. 2026) — 401% Above Median


BOM:531861 Joindre Capital Services Ltd BOM:531861
70 GF Score
Price ₹52.27
GF Value ₹44.33
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Joindre Capital Services ROE %?

Joindre Capital Services BOM:531861 +0.11% 70 ROE % is 36.49% as of Mar. 2026, which is 401% above its 10-year median of 7.28. GuruFocus rates BOM:531861 with a GF Score™ of 70/100 and a GF Value™ of ₹44.33 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 790 Capital Markets companies, Joindre Capital Services ranks better than 76.58% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Joindre Capital Services's annualized net income for the quarter that ended in Mar. 2026 was ₹331.4 Mil. Joindre Capital Services's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹908.2 Mil. Therefore, Joindre Capital Services's annualized ROE % for the quarter that ended in Mar. 2026 was 36.49%.

The historical rank and industry rank for Joindre Capital Services's ROE % or its related term are showing as below:

BOM:531861' s ROE % Range Over the Past 10 Years
Min: 0.68   Med: 7.28   Max: 16.64
Current: 16.64

During the past 13 years, Joindre Capital Services's highest ROE % was 16.64%. The lowest was 0.68%. And the median was 7.28%.

BOM:531861's ROE % is ranked better than
76.58% of 790 companies
in the Capital Markets industry
Industry Median: 6.035 vs BOM:531861: 16.64

Joindre Capital Services  (BOM:531861) 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
=331.368/908.177
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(331.368 / 261.9)*(261.9 / 1753.544)*(1753.544 / 908.177)
=Net Margin %*Asset Turnover*Equity Multiplier
=126.52 %*0.1494*1.9308
=ROA %*Equity Multiplier
=18.9 %*1.9308
=36.49 %

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
=331.368/908.177
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (331.368 / 349.532) * (349.532 / -38.972) * (-38.972 / 261.9) * (261.9 / 1753.544) * (1753.544 / 908.177)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.948 * -8.9688 * -14.88 % * 0.1494 * 1.9308
=36.49 %

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.


Joindre Capital Services ROE % Related Terms


Joindre Capital Services ROE % Historical Data

* Premium members only.

The historical data trend for Joindre Capital Services'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.

Joindre Capital Services ROE % Chart

Joindre Capital Services 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 9.33 4.35 0.68 13.12 16.42

Joindre Capital Services 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 10.57 9.97 10.08 8.10 36.49

BOM:531861 vs MS, GS, SCHW: ROE % Comparison

For the Capital Markets subindustry, Joindre Capital Services'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.


Joindre Capital Services ROE % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Joindre Capital Services's ROE % distribution charts can be found below:

* The bar in red indicates where Joindre Capital Services's ROE % falls into.


BOM:531861
70GF Score
Joindre Capital Services Ltd BOM:531861
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Joindre Capital Services ROE % Calculation

Joindre Capital Services'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 )
=139.867/( (795.402+908.177)/ 2 )
=139.867/851.7895
=16.42 %

Joindre Capital Services'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 )
=331.368/( (0+908.177)/ 1 )
=331.368/908.177
=36.49 %

* 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 36.49% mean?
Joindre Capital Services (BOM:531861) has a ROE % of 36.49% 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 Joindre Capital Services and its competitors. This is 401% above median its historical median of 7.28. Over the past decade, Joindre Capital Services' ROE % has ranged from 0.68 to 16.64. According to the industry distribution chart, Joindre Capital Services ranks #185 out of 790 companies in the Capital Markets industry, placing it in the top 23.4%.
Is Joindre Capital Services' ROE % too high?
Joindre Capital Services' current ROE % of 36.49% is 401% above median its 10-year median of 7.28. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 16.64. The Capital Markets industry median ROE % is 6.04. Joindre Capital Services' value of 36.49% is 504.6% above this industry median. Based on the distribution chart, Joindre Capital Services ranks #185 out of 790 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Joindre Capital Services has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Joindre Capital Services' ROE % compare to MS and GS?
According to the Capital Markets industry distribution chart, Joindre Capital Services ranks #185 out of 790 companies for ROE %. This places Joindre Capital Services in the top 23% of its industry — outperforming the majority of peers. The industry median ROE % is 6.04. Joindre Capital Services' value of 36.49% is 504.6% above this benchmark. Historically, Joindre Capital Services' own ROE % has ranged from 0.68 to 16.64 over the past decade. While the company's 10-year median is 7.28 vs. the industry median of 6.04, Joindre Capital Services 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 Capital Markets company?
The median ROE % among Capital Markets companies is 6.04, based on 790 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. Joindre Capital Services's current ROE % of 36.49% is 504.6% 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 Joindre Capital Services and its competitors. For the Capital Markets industry, the median ROE % is 6.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Joindre Capital Services's current ROE % is 36.49%, which is 401% above median its own 10-year median of 7.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joindre Capital Services stock overvalued right now?
Based on GuruFocus' analysis, Joindre Capital Services (BOM:531861) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹44.33, compared to a current price of ₹52.27 — trading 17.9% above its estimated fair value. The current ROE % is 36.49%, which is 401% above median its 10-year median of 7.28 and 504.6% above the Capital Markets industry median of 6.04. Joindre Capital Services' overall GF Score™ is 70/100 with 4 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 Joindre Capital Services (BOM:531861), the current ROE % is 36.49% 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 Joindre Capital Services (BOM:531861) Overvalued in 2026?

Based on GuruFocus' analysis, Joindre Capital Services stock appears to be overvalued. The current stock price of ₹52.27 is trading 17.9% above its estimated GF Value™ of ₹44.33. GuruFocus considers Joindre Capital Services to be Modestly Overvalued.

Key valuation signals for BOM:531861:

  • ROE %: 36.49% (401% above median its 10-year median of 7.28)
  • GF Value™: ₹44.33 vs. price of ₹52.27 (17.9% above fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 504.6% above the Capital Markets median (#185 of 790)

No single metric tells the full story. See the BOM:531861 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Joindre Capital Services Business Description

Address Homi Modi Street, 9/15 Bansilal Building, Office No. 29-32, 3rd Floor, Fort, Mumbai, MH, IND, 400023
Joindre Capital Services Ltd is engaged in the capital market business sector. The company provides various services like retail investment, institutional broking, mutual fund, derivatives, initial public offerings, internet trading, research, and others. The company has one business segment that is stock broking business and allied activities.
70GF Score

Get the complete analysis for BOM:531861

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

₹52.27
Price
₹44.33
GF Value