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Khazanchi JewellersBOM:543953 -0.13%90 ROE % is 33.37% as of Mar. 2026, which is 56% above its 10-year median of 21.45. GuruFocus rates BOM:543953 with a GF Score™ of 90/100 and a GF Value™ of ₹922.86 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,100 Retail - Cyclical companies, Khazanchi Jewellers ranks better than 90.73% 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.
Khazanchi Jewellers ROE % Related Terms
Khazanchi Jewellers ROE % Historical Data
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The historical data trend for Khazanchi Jewellers'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 Luxury Goods subindustry, Khazanchi Jewellers'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.
Khazanchi Jewellers ROE % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Khazanchi Jewellers's ROE % distribution charts can be found below:
* The bar in red indicates where Khazanchi Jewellers'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.
Khazanchi Jewellers (BOM:543953) has a ROE % of 33.37% 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 Khazanchi Jewellers and its competitors. This is 56% above median its historical median of 21.45. Over the past decade, Khazanchi Jewellers' ROE % has ranged from 10.17 to 32.86. According to the industry distribution chart, Khazanchi Jewellers ranks #102 out of 1100 companies in the Retail - Cyclical industry, placing it in the top 9.3%.
Is Khazanchi Jewellers' ROE % too high?
Khazanchi Jewellers' current ROE % of 33.37% is 56% above median its 10-year median of 21.45. Over the past 10 years, this metric has ranged from a low of 10.17 to a high of 32.86. The Retail - Cyclical industry median ROE % is 6.51. Khazanchi Jewellers' value of 33.37% is 413% above this industry median. Based on the distribution chart, Khazanchi Jewellers ranks #102 out of 1100 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Khazanchi Jewellers has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Khazanchi Jewellers' ROE % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Khazanchi Jewellers ranks #102 out of 1100 companies for ROE %. This places Khazanchi Jewellers in the top 9% of its industry — outperforming the majority of peers. The industry median ROE % is 6.51. Khazanchi Jewellers' value of 33.37% is 413% above this benchmark. Historically, Khazanchi Jewellers' own ROE % has ranged from 10.17 to 32.86 over the past decade. While the company's 10-year median is 21.45 vs. the industry median of 6.51, Khazanchi Jewellers 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 Retail - Cyclical company?
The median ROE % among Retail - Cyclical companies is 6.51, based on 1,100 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. Khazanchi Jewellers's current ROE % of 33.37% is 413% 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 Khazanchi Jewellers and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Khazanchi Jewellers's current ROE % is 33.37%, which is 56% above median its own 10-year median of 21.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Khazanchi Jewellers stock overvalued right now?
Based on GuruFocus' analysis, Khazanchi Jewellers (BOM:543953) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹922.86, compared to a current price of ₹709.00 — trading 23.2% below its estimated fair value. The current ROE % is 33.37%, which is 56% above median its 10-year median of 21.45 and 413% above the Retail - Cyclical industry median of 6.51. Khazanchi Jewellers' overall GF Score™ is 90/100 with 2 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 Khazanchi Jewellers (BOM:543953), the current ROE % is 33.37% 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 Khazanchi Jewellers (BOM:543953) Overvalued in 2026?
Based on GuruFocus' analysis, Khazanchi Jewellers stock appears to be undervalued.
The current stock price of ₹709.00 is trading 23.2% below its estimated GF Value™ of ₹922.86.
GuruFocus considers Khazanchi Jewellers to be Modestly Undervalued.
Key valuation signals for BOM:543953:
ROE %: 33.37% (56% above median its 10-year median of 21.45)
GF Value™: ₹922.86 vs. price of ₹709.00 (23.2% below fair value)
Industry Position: 413% above the Retail - Cyclical median (#102 of 1100)
No single metric tells the full story. See the BOM:543953 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Khazanchi Jewellers Ltd is a prominent player in the Indian jewellry industry, with a presence in both the wholesale and retail sectors. The company in the production and sale of a wide range of jewellery products, including gold jewellery, diamond jewellery, precious stones, and other fancy jewellery and bullion in the form of coins and bars.
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