Triumph International Finance India (BOM:532131) ROE %: Negative Equity% (As of Mar. 2026)

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BOM:532131 Triumph International Finance India Ltd BOM:532131
12 GF Score
Price ₹18.50
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What is Triumph International Finance India ROE %?

Triumph International Finance India BOM:532131 +9.99% 12 ROE % is Negative Equity% as of Mar. 2026. GuruFocus rates BOM:532131 with a GF Score™ of 12/100. The stock has 1 warning sign investors should review. Among 531 Credit Services companies, Triumph International Finance India ranks better than 99.81% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Triumph International Finance India's annualized net income for the quarter that ended in Mar. 2026 was ₹35.46 Mil. Triumph International Finance India's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹-667.82 Mil. Therefore, Triumph International Finance India's annualized ROE % for the quarter that ended in Mar. 2026 was Negative Equity%.

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

BOM:532131' s ROE % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0
Current: Negative Equity

BOM:532131's ROE % is ranked better than
99.81% of 531 companies
in the Credit Services industry
Industry Median: 6.67 vs BOM:532131: Negative Equity

Triumph International Finance India  (BOM:532131) 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
=35.464/-667.815
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(35.464 / 0)*(0 / 1701.286)*(1701.286 / -667.815)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*N/A
=ROA %*Equity Multiplier
=N/A %*N/A
=Negative Equity %

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
=35.464/-667.815
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (35.464 / 35.464) * (35.464 / -2.384) * (-2.384 / 0) * (0 / 1701.286) * (1701.286 / -667.815)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * -14.8758 * N/A % * 0 * N/A
=Negative Equity %

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.


Triumph International Finance India ROE % Related Terms


Triumph International Finance India ROE % Historical Data

* Premium members only.

The historical data trend for Triumph International Finance 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.

Triumph International Finance India ROE % Chart

Triumph International Finance 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 Negative Equity Negative Equity Negative Equity Negative Equity Negative Equity

Triumph International Finance 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 Negative Equity Negative Equity Negative Equity Negative Equity Negative Equity

BOM:532131 vs V, MA, AXP: ROE % Comparison

For the Credit Services subindustry, Triumph International Finance 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.


Triumph International Finance India ROE % vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Triumph International Finance India's ROE % distribution charts can be found below:

* The bar in red indicates where Triumph International Finance India's ROE % falls into.


BOM:532131
12GF Score
Triumph International Finance India Ltd BOM:532131
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Triumph International Finance India ROE % Calculation

Triumph International Finance 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 )
=39.069/( (-680.052+-667.815)/ 2 )
=39.069/-673.9335
=Negative Equity %

Triumph International Finance 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 )
=35.464/( (0+-667.815)/ 1 )
=35.464/-667.815
=Negative Equity %

* 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.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of Negative Equity% mean?
Triumph International Finance India (BOM:532131) has a ROE % of Negative Equity% 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 Triumph International Finance India and its competitors. According to the industry distribution chart, Triumph International Finance India ranks #1 out of 531 companies in the Credit Services industry, placing it in the top 0.2%.
Is Triumph International Finance India's ROE % too high?
Triumph International Finance India's current ROE % is Negative Equity%. Based on the distribution chart, Triumph International Finance India ranks #1 out of 531 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Triumph International Finance India has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Triumph International Finance India's ROE % compare to V and MA?
According to the Credit Services industry distribution chart, Triumph International Finance India ranks #1 out of 531 companies for ROE %. This places Triumph International Finance India in the top 0% of its industry — outperforming the majority of peers. The industry median ROE % is 6.67. 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 Credit Services company?
The median ROE % among Credit Services companies is 6.67, based on 531 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 Triumph International Finance India and its competitors. For the Credit Services industry, the median ROE % is 6.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Triumph International Finance India's current ROE % is Negative Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Triumph International Finance India stock overvalued right now?
Triumph International Finance India (BOM:532131) has a current ROE % of Negative Equity%. The current ROE % is Negative Equity%. Triumph International Finance India's overall GF Score™ is 12/100 with 1 warning sign 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 Triumph International Finance India (BOM:532131), the current ROE % is Negative Equity% 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.

Triumph International Finance India Business Description

Address 10 Shroff Lane, Colaba Causeway, Oxford Centre, Next to Colaba Market, Colaba, Mumbai, MH, IND, 400005
Triumph International Finance India Ltd operates in the financial services sector, providing a range of services including leasing and investment banking. The company provides a wide range of advisory and investment banking services and expanded into a diversified financial services portfolio. It has engaged in brokerage and portfolio management activities, serving both domestic and non-resident investors. It earns a vast majority of its revenue from the interest on fixed deposits kept with the National Stock Exchange India Ltd (NSE) and various banks.
12GF Score

Get the complete analysis for BOM:532131

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

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