Captain Polyplast (BOM:536974) ROE %: 20.40% (As of Mar. 2026) — 14% Above Median


BOM:536974 Captain Polyplast Ltd BOM:536974
91 GF Score
Price ₹71.65
GF Value ₹92.54
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Captain Polyplast ROE %?

Captain Polyplast BOM:536974 +1.85% 91 ROE % is 20.40% as of Mar. 2026, which is 14% above its 10-year median of 17.91. GuruFocus rates BOM:536974 with a GF Score™ of 91/100 and a GF Value™ of ₹92.54 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 203 Farm & Heavy Construction Machinery companies, Captain Polyplast ranks better than 78.33% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Captain Polyplast's annualized net income for the quarter that ended in Mar. 2026 was ₹391 Mil. Captain Polyplast's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹1,914 Mil. Therefore, Captain Polyplast's annualized ROE % for the quarter that ended in Mar. 2026 was 20.40%.

The historical rank and industry rank for Captain Polyplast's ROE % or its related term are showing as below:

BOM:536974' s ROE % Range Over the Past 10 Years
Min: 4.3   Med: 17.91   Max: 26.92
Current: 16.29

During the past 13 years, Captain Polyplast's highest ROE % was 26.92%. The lowest was 4.30%. And the median was 17.91%.

BOM:536974's ROE % is ranked better than
78.33% of 203 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 7.47 vs BOM:536974: 16.29

Captain Polyplast  (BOM:536974) 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
=390.528/1914.345
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(390.528 / 5658.872)*(5658.872 / 3476.764)*(3476.764 / 1914.345)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.9 %*1.6276*1.8162
=ROA %*Equity Multiplier
=11.23 %*1.8162
=20.40 %

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
=390.528/1914.345
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (390.528 / 517.264) * (517.264 / 510.064) * (510.064 / 5658.872) * (5658.872 / 3476.764) * (3476.764 / 1914.345)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.755 * 1.0141 * 9.01 % * 1.6276 * 1.8162
=20.40 %

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.


Captain Polyplast ROE % Related Terms


Captain Polyplast ROE % Historical Data

* Premium members only.

The historical data trend for Captain Polyplast'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.

Captain Polyplast ROE % Chart

Captain Polyplast 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 4.30 8.71 21.19 25.59 16.30

Captain Polyplast 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 13.70 11.51 9.94 22.20 20.40

BOM:536974 vs CAT, DE, PCAR: ROE % Comparison

For the Farm & Heavy Construction Machinery subindustry, Captain Polyplast'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.


Captain Polyplast ROE % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Captain Polyplast's ROE % distribution charts can be found below:

* The bar in red indicates where Captain Polyplast's ROE % falls into.


BOM:536974
91GF Score
Captain Polyplast Ltd BOM:536974
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Captain Polyplast ROE % Calculation

Captain Polyplast'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 )
=277.799/( (1493.592+1914.345)/ 2 )
=277.799/1703.9685
=16.30 %

Captain Polyplast'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 )
=390.528/( (0+1914.345)/ 1 )
=390.528/1914.345
=20.40 %

* 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 20.40% mean?
Captain Polyplast (BOM:536974) has a ROE % of 20.40% 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 Captain Polyplast and its competitors. This is 14% above median its historical median of 17.91. Over the past decade, Captain Polyplast's ROE % has ranged from 4.30 to 26.92. According to the industry distribution chart, Captain Polyplast ranks #44 out of 203 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 21.7%.
Is Captain Polyplast's ROE % too high?
Captain Polyplast's current ROE % of 20.40% is 14% above median its 10-year median of 17.91. Over the past 10 years, this metric has ranged from a low of 4.30 to a high of 26.92. The Farm & Heavy Construction Machinery industry median ROE % is 7.47. Captain Polyplast's value of 20.40% is 173.1% above this industry median. Based on the distribution chart, Captain Polyplast ranks #44 out of 203 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Captain Polyplast has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Captain Polyplast's ROE % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Captain Polyplast ranks #44 out of 203 companies for ROE %. This places Captain Polyplast in the top 22% of its industry — outperforming the majority of peers. The industry median ROE % is 7.47. Captain Polyplast's value of 20.40% is 173.1% above this benchmark. Historically, Captain Polyplast's own ROE % has ranged from 4.30 to 26.92 over the past decade. While the company's 10-year median is 17.91 vs. the industry median of 7.47, Captain Polyplast 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 Farm & Heavy Construction Machinery company?
The median ROE % among Farm & Heavy Construction Machinery companies is 7.47, based on 203 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. Captain Polyplast's current ROE % of 20.40% is 173.1% 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 Captain Polyplast and its competitors. For the Farm & Heavy Construction Machinery industry, the median ROE % is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Captain Polyplast's current ROE % is 20.40%, which is 14% above median its own 10-year median of 17.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Captain Polyplast stock overvalued right now?
Based on GuruFocus' analysis, Captain Polyplast (BOM:536974) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹92.54, compared to a current price of ₹71.65 — trading 22.6% below its estimated fair value. The current ROE % is 20.40%, which is 14% above median its 10-year median of 17.91 and 173.1% above the Farm & Heavy Construction Machinery industry median of 7.47. Captain Polyplast's overall GF Score™ is 91/100 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 Captain Polyplast (BOM:536974), the current ROE % is 20.40% 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 Captain Polyplast (BOM:536974) Overvalued in 2026?

Based on GuruFocus' analysis, Captain Polyplast stock appears to be undervalued. The current stock price of ₹71.65 is trading 22.6% below its estimated GF Value™ of ₹92.54. GuruFocus considers Captain Polyplast to be Modestly Undervalued.

Key valuation signals for BOM:536974:

  • ROE %: 20.40% (14% above median its 10-year median of 17.91)
  • GF Value™: ₹92.54 vs. price of ₹71.65 (22.6% below fair value)
  • GF Score™: 91/100 with 3 warning signs
  • Industry Position: 173.1% above the Farm & Heavy Construction Machinery median (#44 of 203)

No single metric tells the full story. See the BOM:536974 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Captain Polyplast Business Description

Address Survey No. 267, Plot No. 10A, 10B and 11, N.H. No.27, Captain Gate, Shapar - Veraval, Rajkot, GJ, IND, 360 024
Captain Polyplast Ltd is engaged in the business of manufacturing and selling micro-irrigation systems and allied products. The segments include Manufacturing of Micro Irrigation Systems & Allied Products and DCA cum CS of Indian Oil Corporation Ltd. (IOCL) - PolymerBusiness. Its products include Irrigation equipment, including drip irrigation systems, irrigation laterals, valves, irrigation filters, sprinkler irrigation systems, mini sprinkler irrigation systems, greenhouses, and mulch films. The majority of the revenue is from the Manufacturing of Micro Irrigation Systems & Allied Products segment.
91GF Score

Get the complete analysis for BOM:536974

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

₹71.65
Price
₹92.54
GF Value