Shree Marutinandan Tubes (BOM:544083) ROE %: 13.93% (As of Mar. 2026) — 22% Below Median

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BOM:544083 Shree Marutinandan Tubes Ltd BOM:544083
43 GF Score
Price ₹48.50
! 3 Warning Signs
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What is Shree Marutinandan Tubes ROE %?

Shree Marutinandan Tubes BOM:544083 43 ROE % is 13.93% as of Mar. 2026, which is 22% below its 10-year median of 17.91. GuruFocus rates BOM:544083 with a GF Score™ of 43/100. The stock has 3 warning signs investors should review. Among 157 Industrial Distribution companies, Shree Marutinandan Tubes ranks better than 68.79% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Shree Marutinandan Tubes's annualized net income for the quarter that ended in Mar. 2026 was ₹51 Mil. Shree Marutinandan Tubes's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹365 Mil. Therefore, Shree Marutinandan Tubes's annualized ROE % for the quarter that ended in Mar. 2026 was 13.93%.

The historical rank and industry rank for Shree Marutinandan Tubes's ROE % or its related term are showing as below:

BOM:544083' s ROE % Range Over the Past 10 Years
Min: 9.54   Med: 17.91   Max: 106.5
Current: 11.31

During the past 6 years, Shree Marutinandan Tubes's highest ROE % was 106.50%. The lowest was 9.54%. And the median was 17.91%.

BOM:544083's ROE % is ranked better than
68.79% of 157 companies
in the Industrial Distribution industry
Industry Median: 7.26 vs BOM:544083: 11.31

Shree Marutinandan Tubes  (BOM:544083) 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
=50.826/364.9425
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(50.826 / 1434.368)*(1434.368 / 608.228)*(608.228 / 364.9425)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.54 %*2.3583*1.6666
=ROA %*Equity Multiplier
=8.35 %*1.6666
=13.93 %

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
=50.826/364.9425
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (50.826 / 66.346) * (66.346 / 81.406) * (81.406 / 1434.368) * (1434.368 / 608.228) * (608.228 / 364.9425)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7661 * 0.815 * 5.68 % * 2.3583 * 1.6666
=13.93 %

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.


Shree Marutinandan Tubes ROE % Related Terms


Shree Marutinandan Tubes ROE % Historical Data

* Premium members only.

The historical data trend for Shree Marutinandan Tubes'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.

Shree Marutinandan Tubes ROE % Chart

Shree Marutinandan Tubes Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial 9.54 106.50 23.96 13.64 11.98

Shree Marutinandan Tubes Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only 20.34 7.29 20.02 7.25 13.93

BOM:544083 vs GWW, FAST, FERG: ROE % Comparison

For the Industrial Distribution subindustry, Shree Marutinandan Tubes'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.


Shree Marutinandan Tubes ROE % vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Shree Marutinandan Tubes's ROE % distribution charts can be found below:

* The bar in red indicates where Shree Marutinandan Tubes's ROE % falls into.


BOM:544083
43GF Score
Shree Marutinandan Tubes Ltd BOM:544083
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shree Marutinandan Tubes ROE % Calculation

Shree Marutinandan Tubes'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 )
=35.774/( (219.375+377.649)/ 2 )
=35.774/298.512
=11.98 %

Shree Marutinandan Tubes'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 )
=50.826/( (352.236+377.649)/ 2 )
=50.826/364.9425
=13.93 %

* 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 13.93% mean?
Shree Marutinandan Tubes (BOM:544083) has a ROE % of 13.93% 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 Shree Marutinandan Tubes and its competitors. This is 22% below median its historical median of 17.91. Over the past decade, Shree Marutinandan Tubes' ROE % has ranged from 9.54 to 106.50. According to the industry distribution chart, Shree Marutinandan Tubes ranks #49 out of 157 companies in the Industrial Distribution industry, placing it in the top 31.2%.
Is Shree Marutinandan Tubes' ROE % too high?
Shree Marutinandan Tubes' current ROE % of 13.93% is 22% below median its 10-year median of 17.91. Over the past 10 years, this metric has ranged from a low of 9.54 to a high of 106.50. The Industrial Distribution industry median ROE % is 7.26. Shree Marutinandan Tubes' value of 13.93% is 91.9% above this industry median. Based on the distribution chart, Shree Marutinandan Tubes ranks #49 out of 157 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Shree Marutinandan Tubes has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Shree Marutinandan Tubes' ROE % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Shree Marutinandan Tubes ranks #49 out of 157 companies for ROE %. This puts Shree Marutinandan Tubes in the upper half of its industry. The industry median ROE % is 7.26. Shree Marutinandan Tubes' value of 13.93% is 91.9% above this benchmark. Historically, Shree Marutinandan Tubes' own ROE % has ranged from 9.54 to 106.50 over the past decade. While the company's 10-year median is 17.91 vs. the industry median of 7.26, Shree Marutinandan Tubes 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 an Industrial Distribution company?
The median ROE % among Industrial Distribution companies is 7.26, based on 157 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. Shree Marutinandan Tubes's current ROE % of 13.93% is 91.9% 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 Shree Marutinandan Tubes and its competitors. For the Industrial Distribution industry, the median ROE % is 7.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shree Marutinandan Tubes's current ROE % is 13.93%, which is 22% below median its own 10-year median of 17.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shree Marutinandan Tubes stock overvalued right now?
Shree Marutinandan Tubes (BOM:544083) has a current ROE % of 13.93%. The current ROE % is 13.93%, which is 22% below median its 10-year median of 17.91 and 91.9% above the Industrial Distribution industry median of 7.26. Shree Marutinandan Tubes' overall GF Score™ is 43/100 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 Shree Marutinandan Tubes (BOM:544083), the current ROE % is 13.93% 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.

Shree Marutinandan Tubes Business Description

Address S.P Ring Road, A-21, Second Floor, Amrapali Complex, Bopal, Ahmedabad, GJ, IND, 380058
Shree Marutinandan Tubes Ltd is engaged in the trading of Galvanized Pipe, Electric Resistance Welding Mild Steel (ERW MS) Pipes (round pipes, square and rectangular hollow sections in various specifications, sizes ranging from 15NB to 1000 NB and also in trading of Black Pipes and Solar Structural Pipes. Its products are widely used in various industries like Agriculture, Oil, Public Health, Housing, Irrigation, Engineering, Infrastructural, Industrial etc.
43GF Score

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

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