Bhanderi Infracon (BOM:538576) ROE %: -0.35% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:538576 Bhanderi Infracon Ltd BOM:538576
63 GF Score
Price ₹140.00
GF Value ₹114.24
! 11 Warning Signs
View Full Analysis

What is Bhanderi Infracon ROE %?

Bhanderi Infracon BOM:538576 63 ROE % is -0.35% as of Mar. 2026. GuruFocus rates BOM:538576 with a GF Score™ of 63/100 and a GF Value™ of ₹114.24. The stock has 11 warning signs investors should review.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Bhanderi Infracon's annualized net income for the quarter that ended in Mar. 2026 was ₹-0.92 Mil. Bhanderi Infracon's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹266.09 Mil. Therefore, Bhanderi Infracon's annualized ROE % for the quarter that ended in Mar. 2026 was -0.35%.

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

BOM:538576' s ROE % Range Over the Past 10 Years
Min: 0.77   Med: 2.12   Max: 5.03
Current: 0.77

During the past 13 years, Bhanderi Infracon's highest ROE % was 5.03%. The lowest was 0.77%. And the median was 2.12%.

BOM:538576's ROE % is not ranked
in the Real Estate industry.
Industry Median: 4.25 vs BOM:538576: 0.77

Bhanderi Infracon  (BOM:538576) 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
=-0.922/266.089
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.922 / 34.196)*(34.196 / 880.41)*(880.41 / 266.089)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.7 %*0.0388*3.3087
=ROA %*Equity Multiplier
=-0.1 %*3.3087
=-0.35 %

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
=-0.922/266.089
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.922 / 4.242) * (4.242 / 4.23) * (4.23 / 34.196) * (34.196 / 880.41) * (880.41 / 266.089)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= -0.2174 * 1.0028 * 12.37 % * 0.0388 * 3.3087
=-0.35 %

Note: The net income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.


Bhanderi Infracon ROE % Related Terms


Bhanderi Infracon ROE % Historical Data

* Premium members only.

The historical data trend for Bhanderi Infracon'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.

Bhanderi Infracon ROE % Chart

Bhanderi Infracon 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 1.35 2.40 2.46 5.03 0.77

Bhanderi Infracon Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.37 3.22 6.87 1.89 -0.35

Bhanderi Infracon ROE % Competitor Comparison

For the Real Estate - Diversified subindustry, Bhanderi Infracon'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.


Bhanderi Infracon ROE % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Bhanderi Infracon's ROE % distribution charts can be found below:

* The bar in red indicates where Bhanderi Infracon's ROE % falls into.


BOM:538576
63GF Score
Bhanderi Infracon Ltd BOM:538576
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bhanderi Infracon ROE % Calculation

Bhanderi Infracon'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 )
=2.043/( (263.9+265.858)/ 2 )
=2.043/264.879
=0.77 %

Bhanderi Infracon's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-0.922/( (266.32+265.858)/ 2 )
=-0.922/266.089
=-0.35 %

* 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 two times the semi-annual (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 -0.35% mean?
Bhanderi Infracon (BOM:538576) has a ROE % of -0.35% 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 Bhanderi Infracon and its competitors. Over the past decade, Bhanderi Infracon's ROE % has ranged from 0.77 to 5.03.
Is Bhanderi Infracon's ROE % too high?
Bhanderi Infracon's current ROE % is -0.35%. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 5.03. Overall, Bhanderi Infracon has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Bhanderi Infracon's ROE % compare to competitors?
Bhanderi Infracon's ROE % of -0.35% can be compared against companies in the Real Estate industry. The industry median ROE % is 4.25. Historically, Bhanderi Infracon's own ROE % has ranged from 0.77 to 5.03 over the past decade. 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 Real Estate company?
The median ROE % among Real Estate companies is 4.25, based on 1,740 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 Bhanderi Infracon and its competitors. For the Real Estate industry, the median ROE % is 4.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bhanderi Infracon's current ROE % is -0.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhanderi Infracon stock overvalued right now?
Bhanderi Infracon (BOM:538576) has a current ROE % of -0.35%. The stock's GF Value™ is ₹114.24, compared to a current price of ₹140.00 — trading 22.5% above its estimated fair value. The current ROE % is -0.35%. Bhanderi Infracon's overall GF Score™ is 63/100 with 11 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 Bhanderi Infracon (BOM:538576), the current ROE % is -0.35% 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 Bhanderi Infracon (BOM:538576) Overvalued in 2026?

Based on GuruFocus' analysis, Bhanderi Infracon stock appears to be overvalued. The current stock price of ₹140.00 is trading 22.5% above its estimated GF Value™ of ₹114.24.

Key valuation signals for BOM:538576:

  • ROE %: -0.35%
  • GF Value™: ₹114.24 vs. price of ₹140.00 (22.5% above fair value)
  • GF Score™: 63/100 with 11 warning signs

No single metric tells the full story. See the BOM:538576 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bhanderi Infracon Business Description

Address B/12, Jabuka Complex, Near Bajrang Ashram, Below Vikas School, NH-8, Thakkar Bapanagar, Ahmedabad, GJ, IND, 382350
Bhanderi Infracon Ltd is a real estate development company based in India, engaged in developing residential flats, bungalows, and other real estate projects. The company focuses on providing quality housing solutions prominently for the upper and middle-class segments. It has a track record of completing projects within stipulated timelines and emphasizes affordable housing. Bhanderi Infracon generates revenue through the sale and development of residential and commercial properties, leveraging its experience and presence predominantly in Gujarat.
63GF Score

Get the complete analysis for BOM:538576

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

₹140.00
Price
₹114.24
GF Value