The historical rank and industry rank for Solar Industries India's ROE % or its related term are showing as below:
BOM:532725'
s ROE % Range Over the Past 10 Years
Min: 18.68 Med: 23.9 Max: 33.47
Current: 31.89
During the past 13 years, Solar Industries India's highest ROE % was 33.47%. The lowest was 18.68%. And the median was 23.90%.
BOM:532725's ROE % is ranked better than 97.72% of 1580
companies
in the Chemicals industry
Industry Median: 5.205
vs BOM:532725: 31.89
Solar Industries India (BOM:532725) 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.
* 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 Specialty Chemicals subindustry, Solar Industries 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.
Solar Industries India ROE % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Solar Industries India's ROE % distribution charts can be found below:
* The bar in red indicates where Solar Industries 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.
Solar Industries India (BOM:532725) has a ROE % of 34.90% 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 Solar Industries India and its competitors. This is 46% above median its historical median of 23.90. Over the past decade, Solar Industries India's ROE % has ranged from 18.68 to 33.47. According to the industry distribution chart, Solar Industries India ranks #36 out of 1580 companies in the Chemicals industry, placing it in the top 2.3%.
Is Solar Industries India's ROE % too high?
Solar Industries India's current ROE % of 34.90% is 46% above median its 10-year median of 23.90. Over the past 10 years, this metric has ranged from a low of 18.68 to a high of 33.47. The Chemicals industry median ROE % is 5.21. Solar Industries India's value of 34.90% is 570.5% above this industry median. Based on the distribution chart, Solar Industries India ranks #36 out of 1580 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Solar Industries India has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Solar Industries India's ROE % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Solar Industries India ranks #36 out of 1580 companies for ROE %. This places Solar Industries India in the top 2% of its industry — outperforming the majority of peers. The industry median ROE % is 5.21. Solar Industries India's value of 34.90% is 570.5% above this benchmark. Historically, Solar Industries India's own ROE % has ranged from 18.68 to 33.47 over the past decade. While the company's 10-year median is 23.90 vs. the industry median of 5.21, Solar Industries 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 Chemicals company?
The median ROE % among Chemicals companies is 5.21, based on 1,580 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. Solar Industries India's current ROE % of 34.90% is 570.5% 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 Solar Industries India and its competitors. For the Chemicals industry, the median ROE % is 5.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solar Industries India's current ROE % is 34.90%, which is 46% above median its own 10-year median of 23.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar Industries India stock overvalued right now?
Based on GuruFocus' analysis, Solar Industries India (BOM:532725) is currently considered Fairly Valued. The stock's GF Value™ is ₹16,960.29, compared to a current price of ₹18,271.15 — trading 7.7% above its estimated fair value. The current ROE % is 34.90%, which is 46% above median its 10-year median of 23.90 and 570.5% above the Chemicals industry median of 5.21. Solar Industries India's overall GF Score™ is 95/100 with 6 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 Solar Industries India (BOM:532725), the current ROE % is 34.90% 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 Solar Industries India (BOM:532725) Overvalued in 2026?
Based on GuruFocus' analysis, Solar Industries India stock appears to be overvalued.
The current stock price of ₹18,271.15 is trading 7.7% above its estimated GF Value™ of ₹16,960.29.
GuruFocus considers Solar Industries India to be Fairly Valued.
Key valuation signals for BOM:532725:
ROE %: 34.90% (46% above median its 10-year median of 23.90)
GF Value™: ₹16,960.29 vs. price of ₹18,271.15 (7.7% above fair value)
Industry Position: 570.5% above the Chemicals median (#36 of 1580)
No single metric tells the full story. See the BOM:532725 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Solar Industries India Ltd manufactures and sells a variety of explosives and defense products. The company sells bulk and packaged explosives as well as detonation initiating systems to the mining, infrastructure, and construction industries. The firm's defense products include high energy explosives, propellants for delivering missiles and rockets, pyros, bombs, and warheads. Geographically, the group holds its presence in both India and internationally of which Indian region accounts for a majority of revenue.
95GF Score
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ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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