Zeal Aqua (BOM:539963) ROE %: 7.90% (As of Mar. 2026) — 25% Below Median


BOM:539963 Zeal Aqua Ltd BOM:539963
87 GF Score
Price ₹11.49
GF Value ₹16.15
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Zeal Aqua ROE %?

Zeal Aqua BOM:539963 +0.88% 87 ROE % is 7.90% as of Mar. 2026, which is 25% below its 10-year median of 10.58. GuruFocus rates BOM:539963 with a GF Score™ of 87/100 and a GF Value™ of ₹16.15 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,914 Consumer Packaged Goods companies, Zeal Aqua ranks better than 76.38% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Zeal Aqua's annualized net income for the quarter that ended in Mar. 2026 was ₹82 Mil. Zeal Aqua's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹1,033 Mil. Therefore, Zeal Aqua's annualized ROE % for the quarter that ended in Mar. 2026 was 7.90%.

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

BOM:539963' s ROE % Range Over the Past 10 Years
Min: 6.16   Med: 10.58   Max: 16.74
Current: 14.8

During the past 13 years, Zeal Aqua's highest ROE % was 16.74%. The lowest was 6.16%. And the median was 10.58%.

BOM:539963's ROE % is ranked better than
76.38% of 1914 companies
in the Consumer Packaged Goods industry
Industry Median: 6.7 vs BOM:539963: 14.80

Zeal Aqua  (BOM:539963) 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
=81.528/1032.555
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(81.528 / 5474.26)*(5474.26 / 3407.38)*(3407.38 / 1032.555)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.49 %*1.6066*3.3
=ROA %*Equity Multiplier
=2.39 %*3.3
=7.90 %

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
=81.528/1032.555
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (81.528 / 103.444) * (103.444 / 10.312) * (10.312 / 5474.26) * (5474.26 / 3407.38) * (3407.38 / 1032.555)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7881 * 10.0314 * 0.19 % * 1.6066 * 3.3
=7.90 %

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.


Zeal Aqua ROE % Related Terms


Zeal Aqua ROE % Historical Data

* Premium members only.

The historical data trend for Zeal Aqua'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.

Zeal Aqua ROE % Chart

Zeal Aqua 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 9.43 10.48 11.05 11.97 14.67

Zeal Aqua 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 24.34 6.90 12.82 32.18 7.90

BOM:539963 vs ADM, BG, TSN: ROE % Comparison

For the Farm Products subindustry, Zeal Aqua'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.


Zeal Aqua ROE % vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Zeal Aqua's ROE % falls into.


BOM:539963
87GF Score
Zeal Aqua Ltd BOM:539963
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zeal Aqua ROE % Calculation

Zeal Aqua'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 )
=141.113/( (891.2+1032.555)/ 2 )
=141.113/961.8775
=14.67 %

Zeal Aqua'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 )
=81.528/( (0+1032.555)/ 1 )
=81.528/1032.555
=7.90 %

* 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 7.90% mean?
Zeal Aqua (BOM:539963) has a ROE % of 7.90% 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 Zeal Aqua and its competitors. This is 25% below median its historical median of 10.58. Over the past decade, Zeal Aqua's ROE % has ranged from 6.16 to 16.74. According to the industry distribution chart, Zeal Aqua ranks #452 out of 1914 companies in the Consumer Packaged Goods industry, placing it in the top 23.6%.
Is Zeal Aqua's ROE % too high?
Zeal Aqua's current ROE % of 7.90% is 25% below median its 10-year median of 10.58. Over the past 10 years, this metric has ranged from a low of 6.16 to a high of 16.74. The Consumer Packaged Goods industry median ROE % is 6.70. Zeal Aqua's value of 7.90% is 17.9% above this industry median. Based on the distribution chart, Zeal Aqua ranks #452 out of 1914 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Zeal Aqua has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zeal Aqua's ROE % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Zeal Aqua ranks #452 out of 1914 companies for ROE %. This places Zeal Aqua in the top 24% of its industry — outperforming the majority of peers. The industry median ROE % is 6.70. Zeal Aqua's value of 7.90% is 17.9% above this benchmark. Historically, Zeal Aqua's own ROE % has ranged from 6.16 to 16.74 over the past decade. While the company's 10-year median is 10.58 vs. the industry median of 6.70, Zeal Aqua 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 6.70, based on 1,914 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. Zeal Aqua's current ROE % of 7.90% is 17.9% 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 Zeal Aqua and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zeal Aqua's current ROE % is 7.90%, which is 25% below median its own 10-year median of 10.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zeal Aqua stock overvalued right now?
Based on GuruFocus' analysis, Zeal Aqua (BOM:539963) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹16.15, compared to a current price of ₹11.49 — trading 28.9% below its estimated fair value. The current ROE % is 7.90%, which is 25% below median its 10-year median of 10.58 and 17.9% above the Consumer Packaged Goods industry median of 6.70. Zeal Aqua's overall GF Score™ is 87/100 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 Zeal Aqua (BOM:539963), the current ROE % is 7.90% 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 Zeal Aqua (BOM:539963) Overvalued in 2026?

Based on GuruFocus' analysis, Zeal Aqua stock appears to be undervalued. The current stock price of ₹11.49 is trading 28.9% below its estimated GF Value™ of ₹16.15. GuruFocus considers Zeal Aqua to be Modestly Undervalued.

Key valuation signals for BOM:539963:

  • ROE %: 7.90% (25% below median its 10-year median of 10.58)
  • GF Value™: ₹16.15 vs. price of ₹11.49 (28.9% below fair value)
  • GF Score™: 87/100 with 3 warning signs
  • Industry Position: 17.9% above the Consumer Packaged Goods median (#452 of 1914)

No single metric tells the full story. See the BOM:539963 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zeal Aqua Business Description

Address Block No. 347, Taluka Olpad, Village Orma, Surat, GJ, IND, 394540
Zeal Aqua Ltd is an Indian company engaged in the aquaculture industry, especially prawn farming and trading of seed, feed, and medicines required for shrimp farming. The company uses satellite farming techniques to produce shrimps and provides feed and probiotics to small aqua farmers, working closely with them to ensure quality shrimp production. It produces and exports seafood (shrimps) across the world to markets like Belgium, Denmark, France, Germany, Greece, Japan, the USA, Vietnam, South Korea, Spain, etc.
87GF Score

Get the complete analysis for BOM:539963

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

₹11.49
Price
₹16.15
GF Value