Bindal Exports (BOM:540148) ROE %: 0.84% (As of Mar. 2026) — 64% Below Median


BOM:540148 Bindal Exports Ltd BOM:540148
59 GF Score
Price ₹27.80
GF Value ₹20.72
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Bindal Exports ROE %?

Bindal Exports BOM:540148 59 ROE % is 0.84% as of Mar. 2026, which is 64% below its 10-year median of 2.31. GuruFocus rates BOM:540148 with a GF Score™ of 59/100 and a GF Value™ of ₹20.72 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,018 Manufacturing - Apparel & Accessories companies, Bindal Exports ranks worse than 55.4% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Bindal Exports's annualized net income for the quarter that ended in Mar. 2026 was ₹0.8 Mil. Bindal Exports's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹92.1 Mil. Therefore, Bindal Exports's annualized ROE % for the quarter that ended in Mar. 2026 was 0.84%.

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

BOM:540148' s ROE % Range Over the Past 10 Years
Min: -10.44   Med: 2.31   Max: 4.45
Current: 3.08

During the past 13 years, Bindal Exports's highest ROE % was 4.45%. The lowest was -10.44%. And the median was 2.31%.

BOM:540148's ROE % is ranked worse than
55.4% of 1018 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.04 vs BOM:540148: 3.08

Bindal Exports  (BOM:540148) 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
=0.77/92.1425
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.77 / 194.54)*(194.54 / 116.8985)*(116.8985 / 92.1425)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.4 %*1.6642*1.2687
=ROA %*Equity Multiplier
=0.67 %*1.2687
=0.84 %

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
=0.77/92.1425
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0.77 / 1.066) * (1.066 / 1.304) * (1.304 / 194.54) * (194.54 / 116.8985) * (116.8985 / 92.1425)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7223 * 0.8175 * 0.67 % * 1.6642 * 1.2687
=0.84 %

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.


Bindal Exports ROE % Related Terms


Bindal Exports ROE % Historical Data

* Premium members only.

The historical data trend for Bindal Exports'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.

Bindal Exports ROE % Chart

Bindal Exports 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 3.72 4.45 3.32 -10.44 3.09

Bindal Exports 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 4.02 4.35 -25.21 5.35 0.84

Bindal Exports ROE % Competitor Comparison

For the Textile Manufacturing subindustry, Bindal Exports'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.


Bindal Exports ROE % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bindal Exports's ROE % distribution charts can be found below:

* The bar in red indicates where Bindal Exports's ROE % falls into.


BOM:540148
59GF Score
Bindal Exports Ltd BOM:540148
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bindal Exports ROE % Calculation

Bindal Exports'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 )
=2.81/( (89.525+92.335)/ 2 )
=2.81/90.93
=3.09 %

Bindal Exports'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 )
=0.77/( (91.95+92.335)/ 2 )
=0.77/92.1425
=0.84 %

* 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 0.84% mean?
Bindal Exports (BOM:540148) has a ROE % of 0.84% 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 Bindal Exports and its competitors. This is 64% below median its historical median of 2.31. According to the industry distribution chart, Bindal Exports ranks #564 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 55.4%.
Is Bindal Exports' ROE % too high?
Bindal Exports' current ROE % of 0.84% is 64% below median its 10-year median of 2.31. The Manufacturing - Apparel & Accessories industry median ROE % is 4.04. Bindal Exports' value of 0.84% is 79.2% below this industry median. Based on the distribution chart, Bindal Exports ranks #564 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Bindal Exports has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bindal Exports' ROE % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bindal Exports ranks #564 out of 1018 companies for ROE %. This places Bindal Exports in the lower half of its industry. The industry median ROE % is 4.04. Bindal Exports' value of 0.84% is 79.2% below this benchmark. While the company's 10-year median is 2.31 vs. the industry median of 4.04, Bindal Exports has consistently been below 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 Manufacturing - Apparel & Accessories company?
The median ROE % among Manufacturing - Apparel & Accessories companies is 4.04, based on 1,018 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. Bindal Exports's current ROE % of 0.84% is 79.2% below 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 Bindal Exports and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROE % is 4.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bindal Exports's current ROE % is 0.84%, which is 64% below median its own 10-year median of 2.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bindal Exports stock overvalued right now?
Based on GuruFocus' analysis, Bindal Exports (BOM:540148) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹20.72, compared to a current price of ₹27.80 — trading 34.2% above its estimated fair value. The current ROE % is 0.84%, which is 64% below median its 10-year median of 2.31 and 79.2% below the Manufacturing - Apparel & Accessories industry median of 4.04. Bindal Exports' overall GF Score™ is 59/100 with 7 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 Bindal Exports (BOM:540148), the current ROE % is 0.84% 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 Bindal Exports (BOM:540148) Overvalued in 2026?

Based on GuruFocus' analysis, Bindal Exports stock appears to be overvalued. The current stock price of ₹27.80 is trading 34.2% above its estimated GF Value™ of ₹20.72. GuruFocus considers Bindal Exports to be Significantly Overvalued.

Key valuation signals for BOM:540148:

  • ROE %: 0.84% (64% below median its 10-year median of 2.31)
  • GF Value™: ₹20.72 vs. price of ₹27.80 (34.2% above fair value)
  • GF Score™: 59/100 with 7 warning signs
  • Industry Position: 79.2% below the Manufacturing - Apparel & Accessories median (#564 of 1018)

No single metric tells the full story. See the BOM:540148 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bindal Exports Business Description

Address Surat-Kadodara Road, Block No. 270, Bindal House, Near Kumbharia Bus Stand, Kumbharia, Choryasi, Surat, GJ, IND, 395010
Bindal Exports Ltd is involved in the manufacturing and export of textiles, garments, and made-ups. The company specializes in diverse international styles, varied colors, and specialty finishes, which are tailor-made to customers' requirements. Its fabric portfolio comprises different blends of polyester, rayon, cotton, satin, chiffon, knitted fabric, viscose, etc., which are supplied in domestic and international markets. It derives the majority of its revenue from Fabrics and Fants.
59GF Score

Get the complete analysis for BOM:540148

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

₹27.80
Price
₹20.72
GF Value