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Mehul ColoursBOM:544472 -4.25%21 ROE % is 9.59% as of Mar. 2026, which is 70% below its 10-year median of 32.32. GuruFocus rates BOM:544472 with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 1,586 Chemicals companies, Mehul Colours ranks better than 87.01% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Mehul Colours's annualized net income for the quarter that ended in Mar. 2026 was ₹38.6 Mil. Mehul Colours's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹402.3 Mil. Therefore, Mehul Colours's annualized ROE % for the quarter that ended in Mar. 2026 was 9.59%.
The historical rank and industry rank for Mehul Colours's ROE % or its related term are showing as below:
BOM:544472'
s ROE % Range Over the Past 10 Years
Min: 16.07 Med: 32.32 Max: 42.68
Current: 16.07
During the past 5 years, Mehul Colours's highest ROE % was 42.68%. The lowest was 16.07%. And the median was 32.32%.
BOM:544472's ROE % is ranked better than 87.01% of 1586
companies
in the Chemicals industry
Industry Median: 5.395
vs BOM:544472: 16.07
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 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.
Mehul Colours ROE % Related Terms
Mehul Colours ROE % Historical Data
* Premium members only.
The historical data trend for Mehul Colours'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 Specialty Chemicals subindustry, Mehul Colours'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.
Mehul Colours ROE % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Mehul Colours's ROE % distribution charts can be found below:
* The bar in red indicates where Mehul Colours'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 two times the semi-annual (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Mehul Colours (BOM:544472) has a ROE % of 9.59% 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 Mehul Colours and its competitors. This is 70% below median its historical median of 32.32. Over the past decade, Mehul Colours' ROE % has ranged from 16.07 to 42.68. According to the industry distribution chart, Mehul Colours ranks #206 out of 1586 companies in the Chemicals industry, placing it in the top 13%.
Is Mehul Colours' ROE % too high?
Mehul Colours' current ROE % of 9.59% is 70% below median its 10-year median of 32.32. Over the past 10 years, this metric has ranged from a low of 16.07 to a high of 42.68. The Chemicals industry median ROE % is 5.40. Mehul Colours' value of 9.59% is 77.8% above this industry median. Based on the distribution chart, Mehul Colours ranks #206 out of 1586 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Mehul Colours has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Mehul Colours' ROE % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Mehul Colours ranks #206 out of 1586 companies for ROE %. This places Mehul Colours in the top 13% of its industry — outperforming the majority of peers. The industry median ROE % is 5.40. Mehul Colours' value of 9.59% is 77.8% above this benchmark. Historically, Mehul Colours' own ROE % has ranged from 16.07 to 42.68 over the past decade. While the company's 10-year median is 32.32 vs. the industry median of 5.40, Mehul Colours 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 Chemicals company?
The median ROE % among Chemicals companies is 5.40, based on 1,586 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. Mehul Colours's current ROE % of 9.59% is 77.8% 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 Mehul Colours and its competitors. For the Chemicals industry, the median ROE % is 5.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mehul Colours's current ROE % is 9.59%, which is 70% below median its own 10-year median of 32.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mehul Colours stock overvalued right now?
Mehul Colours (BOM:544472) has a current ROE % of 9.59%. The current ROE % is 9.59%, which is 70% below median its 10-year median of 32.32 and 77.8% above the Chemicals industry median of 5.40. Mehul Colours' overall GF Score™ is 21/100 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 Mehul Colours (BOM:544472), the current ROE % is 9.59% 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.
Mehul Colours Ltd is engaged in the manufacturing of masterbatches, which are used in the plastics industry to impart colour and enhance the functional properties of plastic products. Masterbatches are concentrated mixtures of pigments and additives that are uniformly dispersed in polymer carriers, facilitating the effective integration of colour and performance-enhancing properties into plastic products. In addition to manufacturing masterbatches, it is also engaged in the sale of pigments, which are blended by the company to create customized pigment solutions tailored to specific industry and customer requirements.
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