Dwarikesh Sugar Industries (BOM:532610) ROE %: 27.71% (As of Mar. 2026) — 69% Above Median


BOM:532610 Dwarikesh Sugar Industries Ltd BOM:532610
69 GF Score
Price ₹44.00
GF Value ₹64.68
Valuation Possible Value Trap
! 4 Warning Signs
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What is Dwarikesh Sugar Industries ROE %?

Dwarikesh Sugar Industries BOM:532610 +0.05% 69 ROE % is 27.71% as of Mar. 2026, which is 69% above its 10-year median of 16.37. GuruFocus rates BOM:532610 with a GF Score™ of 69/100 and a GF Value™ of ₹64.68 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,913 Consumer Packaged Goods companies, Dwarikesh Sugar Industries ranks worse than 61.16% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Dwarikesh Sugar Industries's annualized net income for the quarter that ended in Mar. 2026 was ₹2,296 Mil. Dwarikesh Sugar Industries's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹8,287 Mil. Therefore, Dwarikesh Sugar Industries's annualized ROE % for the quarter that ended in Mar. 2026 was 27.71%.

The historical rank and industry rank for Dwarikesh Sugar Industries's ROE % or its related term are showing as below:

BOM:532610' s ROE % Range Over the Past 10 Years
Min: 2.87   Med: 16.37   Max: 87.36
Current: 3.87

During the past 13 years, Dwarikesh Sugar Industries's highest ROE % was 87.36%. The lowest was 2.87%. And the median was 16.37%.

BOM:532610's ROE % is ranked worse than
61.16% of 1913 companies
in the Consumer Packaged Goods industry
Industry Median: 6.71 vs BOM:532610: 3.87

Dwarikesh Sugar Industries  (BOM:532610) 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
=2296.38/8287.14
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2296.38 / 17017.02)*(17017.02 / 12977.072)*(12977.072 / 8287.14)
=Net Margin %*Asset Turnover*Equity Multiplier
=13.49 %*1.3113*1.5659
=ROA %*Equity Multiplier
=17.69 %*1.5659
=27.71 %

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
=2296.38/8287.14
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2296.38 / 3268.024) * (3268.024 / 3463.3) * (3463.3 / 17017.02) * (17017.02 / 12977.072) * (12977.072 / 8287.14)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7027 * 0.9436 * 20.35 % * 1.3113 * 1.5659
=27.71 %

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.


Dwarikesh Sugar Industries ROE % Related Terms


Dwarikesh Sugar Industries ROE % Historical Data

* Premium members only.

The historical data trend for Dwarikesh Sugar Industries'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.

Dwarikesh Sugar Industries ROE % Chart

Dwarikesh Sugar Industries 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 24.79 14.83 10.69 2.87 3.77

Dwarikesh Sugar Industries 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 22.99 -4.66 -17.29 8.18 27.71

BOM:532610 vs MDLZ, HSY, TR: ROE % Comparison

For the Confectioners subindustry, Dwarikesh Sugar Industries'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.


Dwarikesh Sugar Industries ROE % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dwarikesh Sugar Industries's ROE % distribution charts can be found below:

* The bar in red indicates where Dwarikesh Sugar Industries's ROE % falls into.


BOM:532610
69GF Score
Dwarikesh Sugar Industries Ltd BOM:532610
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Dwarikesh Sugar Industries ROE % Calculation

Dwarikesh Sugar Industries'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 )
=308.38/( (8062.164+8287.14)/ 2 )
=308.38/8174.652
=3.77 %

Dwarikesh Sugar Industries'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 )
=2296.38/( (0+8287.14)/ 1 )
=2296.38/8287.14
=27.71 %

* 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 27.71% mean?
Dwarikesh Sugar Industries (BOM:532610) has a ROE % of 27.71% 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 Dwarikesh Sugar Industries and its competitors. This is 69% above median its historical median of 16.37. Over the past decade, Dwarikesh Sugar Industries' ROE % has ranged from 2.87 to 87.36. According to the industry distribution chart, Dwarikesh Sugar Industries ranks #1170 out of 1913 companies in the Consumer Packaged Goods industry, placing it in the top 61.2%.
Is Dwarikesh Sugar Industries' ROE % too high?
Dwarikesh Sugar Industries' current ROE % of 27.71% is 69% above median its 10-year median of 16.37. Over the past 10 years, this metric has ranged from a low of 2.87 to a high of 87.36. The Consumer Packaged Goods industry median ROE % is 6.71. Dwarikesh Sugar Industries' value of 27.71% is 313% above this industry median. Based on the distribution chart, Dwarikesh Sugar Industries ranks #1170 out of 1913 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Dwarikesh Sugar Industries has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dwarikesh Sugar Industries' ROE % compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Dwarikesh Sugar Industries ranks #1170 out of 1913 companies for ROE %. This places Dwarikesh Sugar Industries in the lower half of its industry. The industry median ROE % is 6.71. Dwarikesh Sugar Industries' value of 27.71% is 313% above this benchmark. Historically, Dwarikesh Sugar Industries' own ROE % has ranged from 2.87 to 87.36 over the past decade. While the company's 10-year median is 16.37 vs. the industry median of 6.71, Dwarikesh Sugar Industries 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 Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.71, based on 1,913 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. Dwarikesh Sugar Industries's current ROE % of 27.71% is 313% 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 Dwarikesh Sugar Industries and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dwarikesh Sugar Industries's current ROE % is 27.71%, which is 69% above median its own 10-year median of 16.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dwarikesh Sugar Industries stock overvalued right now?
Based on GuruFocus' analysis, Dwarikesh Sugar Industries (BOM:532610) is currently considered Possible Value Trap. The stock's GF Value™ is ₹64.68, compared to a current price of ₹44.00 — trading 32% below its estimated fair value. The current ROE % is 27.71%, which is 69% above median its 10-year median of 16.37 and 313% above the Consumer Packaged Goods industry median of 6.71. Dwarikesh Sugar Industries' overall GF Score™ is 69/100 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 Dwarikesh Sugar Industries (BOM:532610), the current ROE % is 27.71% 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 Dwarikesh Sugar Industries (BOM:532610) Overvalued in 2026?

Based on GuruFocus' analysis, Dwarikesh Sugar Industries stock appears to be undervalued. The current stock price of ₹44.00 is trading 32% below its estimated GF Value™ of ₹64.68. GuruFocus considers Dwarikesh Sugar Industries to be Possible Value Trap.

Key valuation signals for BOM:532610:

  • ROE %: 27.71% (69% above median its 10-year median of 16.37)
  • GF Value™: ₹64.68 vs. price of ₹44.00 (32% below fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 313% above the Consumer Packaged Goods median (#1170 of 1913)

No single metric tells the full story. See the BOM:532610 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dwarikesh Sugar Industries Business Description

Other Exchanges DWARKESH:India
Address 511, Maker Chambers V, 221, Nariman Point, Mumbai, MH, IND, 400021
Dwarikesh Sugar Industries Ltd is a multi-faceted, diversified industrial group engaged in the manufacture of the finest grains of sugar and allied products. The business activity of the group functions through Sugar & Co-generation, which derives key revenue, and the Distillery segments. The company's product portfolio includes sugar, ethanol, power, and sanitizers. Geographically, it derives a majority of its revenue from India.
69GF Score

Get the complete analysis for BOM:532610

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

₹44.00
Price
₹64.68
GF Value