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.
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.
Manomay Tex IndiaBOM:540396 80 ROE % is 11.69% as of Mar. 2026, which is 3% above its 10-year median of 11.34. GuruFocus rates BOM:540396 with a GF Score™ of 80/100 and a GF Value™ of ₹209.77 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,021 Manufacturing - Apparel & Accessories companies, Manomay Tex India ranks better than 79.24% on this metric.
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.
Manomay Tex India ROE % Related Terms
Manomay Tex India ROE % Historical Data
* Premium members only.
The historical data trend for Manomay Tex India'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.
For the Textile Manufacturing subindustry, Manomay Tex 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.
Manomay Tex India ROE % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Manomay Tex India's ROE % distribution charts can be found below:
* The bar in red indicates where Manomay Tex 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.
Manomay Tex India (BOM:540396) has a ROE % of 11.69% 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 Manomay Tex India and its competitors. This is near median its historical median of 11.34. Over the past decade, Manomay Tex India's ROE % has ranged from 4.65 to 14.09. According to the industry distribution chart, Manomay Tex India ranks #212 out of 1021 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 20.8%.
Is Manomay Tex India's ROE % too high?
Manomay Tex India's current ROE % of 11.69% is near median its 10-year median of 11.34. Over the past 10 years, this metric has ranged from a low of 4.65 to a high of 14.09. The Manufacturing - Apparel & Accessories industry median ROE % is 4.04. Manomay Tex India's value of 11.69% is 189.4% above this industry median. Based on the distribution chart, Manomay Tex India ranks #212 out of 1021 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Manomay Tex India has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Manomay Tex India's ROE % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Manomay Tex India ranks #212 out of 1021 companies for ROE %. This places Manomay Tex India in the top 21% of its industry — outperforming the majority of peers. The industry median ROE % is 4.04. Manomay Tex India's value of 11.69% is 189.4% above this benchmark. Historically, Manomay Tex India's own ROE % has ranged from 4.65 to 14.09 over the past decade. While the company's 10-year median is 11.34 vs. the industry median of 4.04, Manomay Tex 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 Manufacturing - Apparel & Accessories company?
The median ROE % among Manufacturing - Apparel & Accessories companies is 4.04, based on 1,021 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. Manomay Tex India's current ROE % of 11.69% is 189.4% 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 Manomay Tex India 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. Manomay Tex India's current ROE % is 11.69%, which is near median its own 10-year median of 11.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manomay Tex India stock overvalued right now?
Based on GuruFocus' analysis, Manomay Tex India (BOM:540396) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹209.77, compared to a current price of ₹175.60 — trading 16.3% below its estimated fair value. The current ROE % is 11.69%, which is near median its 10-year median of 11.34 and 189.4% above the Manufacturing - Apparel & Accessories industry median of 4.04. Manomay Tex India's overall GF Score™ is 80/100 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 Manomay Tex India (BOM:540396), the current ROE % is 11.69% 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 Manomay Tex India (BOM:540396) Overvalued in 2026?
Based on GuruFocus' analysis, Manomay Tex India stock appears to be undervalued.
The current stock price of ₹175.60 is trading 16.3% below its estimated GF Value™ of ₹209.77.
GuruFocus considers Manomay Tex India to be Modestly Undervalued.
Key valuation signals for BOM:540396:
ROE %: 11.69% (near median its 10-year median of 11.34)
GF Value™: ₹209.77 vs. price of ₹175.60 (16.3% below fair value)
Industry Position: 189.4% above the Manufacturing - Apparel & Accessories median (#212 of 1021)
No single metric tells the full story. See the BOM:540396 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Manomay Tex India Ltd is an Indian company engaged in trading and manufacturing of Denim textile fabrics. The company offers its products under the brand name Manomay within the Indian and international market. It generates a majority of its revenue within India.
80GF Score
Get the complete analysis for BOM:540396
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:540396 has been successfully added to your 
