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Akshar SpintexBOM:541303 39 ROE % is -1.93% as of Mar. 2026. GuruFocus rates BOM:541303 with a GF Score™ of 39/100 and a GF Value™ of ₹0.51 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,025 Manufacturing - Apparel & Accessories companies, Akshar Spintex ranks worse than 85.66% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Akshar Spintex's annualized net income for the quarter that ended in Mar. 2026 was ₹-16 Mil. Akshar Spintex's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹809 Mil. Therefore, Akshar Spintex's annualized ROE % for the quarter that ended in Mar. 2026 was -1.93%.
The historical rank and industry rank for Akshar Spintex's ROE % or its related term are showing as below:
BOM:541303'
s ROE % Range Over the Past 10 Years
Min: -15.13 Med: 4.73 Max: 28.28
Current: -8.72
During the past 13 years, Akshar Spintex's highest ROE % was 28.28%. The lowest was -15.13%. And the median was 4.73%.
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.
Akshar Spintex ROE % Related Terms
Akshar Spintex ROE % Historical Data
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The historical data trend for Akshar Spintex'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, Akshar Spintex'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.
Akshar Spintex ROE % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Akshar Spintex's ROE % distribution charts can be found below:
* The bar in red indicates where Akshar Spintex'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.
Akshar Spintex (BOM:541303) has a ROE % of -1.93% 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 Akshar Spintex and its competitors. According to the industry distribution chart, Akshar Spintex ranks #878 out of 1025 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 85.7%.
Is Akshar Spintex's ROE % too high?
Akshar Spintex's current ROE % is -1.93%. Based on the distribution chart, Akshar Spintex ranks #878 out of 1025 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Akshar Spintex has a GF Score™ of 39/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Akshar Spintex's ROE % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Akshar Spintex ranks #878 out of 1025 companies for ROE %. This places Akshar Spintex in the lower half of its industry. The industry median ROE % is 4.04. 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 1,025 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 Akshar Spintex 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. Akshar Spintex's current ROE % is -1.93%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akshar Spintex stock overvalued right now?
Based on GuruFocus' analysis, Akshar Spintex (BOM:541303) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹0.51, compared to a current price of ₹0.43 — trading 15.7% below its estimated fair value. The current ROE % is -1.93%. Akshar Spintex's overall GF Score™ is 39/100 with 4 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 Akshar Spintex (BOM:541303), the current ROE % is -1.93% 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 Akshar Spintex (BOM:541303) Overvalued in 2026?
Based on GuruFocus' analysis, Akshar Spintex stock appears to be undervalued.
The current stock price of ₹0.43 is trading 15.7% below its estimated GF Value™ of ₹0.51.
GuruFocus considers Akshar Spintex to be Modestly Undervalued.
Key valuation signals for BOM:541303:
ROE %: -1.93%
GF Value™: ₹0.51 vs. price of ₹0.43 (15.7% below fair value)
No single metric tells the full story. See the BOM:541303 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Akshar Spintex Ltd is an India based company engaged in manufacturing textile products. The product portfolio of the company includes Natural Cotton, BCI Certified Cotton, Organic Certified Cotton, Viscose, Modal, Carded Cotton Yarn and Melange Yarn, among others. It operates under one segment which is Spinning of Cotton Yarn.
39GF Score
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