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Indo SMCBOM:544681 +1.23%21 ROE % is 41.59% as of Mar. 2026, which is 31% below its 10-year median of 60.01. GuruFocus rates BOM:544681 with a GF Score™ of 21/100. The stock has 6 warning signs investors should review. Among 3,007 Industrial Products companies, Indo SMC ranks better than 97.94% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Indo SMC's annualized net income for the quarter that ended in Mar. 2026 was ₹419 Mil. Indo SMC's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹1,006 Mil. Therefore, Indo SMC's annualized ROE % for the quarter that ended in Mar. 2026 was 41.59%.
The historical rank and industry rank for Indo SMC's ROE % or its related term are showing as below:
BOM:544681'
s ROE % Range Over the Past 10 Years
Min: 34.12 Med: 60.01 Max: 86.23
Current: 41
During the past 4 years, Indo SMC's highest ROE % was 86.23%. The lowest was 34.12%. And the median was 60.01%.
BOM:544681's ROE % is ranked better than 97.94% of 3007
companies
in the Industrial Products industry
Industry Median: 6.1
vs BOM:544681: 41.00
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.
Indo SMC ROE % Related Terms
Indo SMC ROE % Historical Data
* Premium members only.
The historical data trend for Indo SMC'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.
Indo SMC ROE % Chart
Indo SMC Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
ROE %
38.86
86.23
81.16
34.12
Indo SMC Semi-Annual Data
Mar23
Mar24
Mar25
Sep25
Mar26
ROE %
0.00
0.00
45.38
55.32
41.59
BOM:544681 vs VRT, BE: ROE % Comparison
For the Electrical Equipment & Parts subindustry, Indo SMC'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.
Indo SMC ROE % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Indo SMC's ROE % distribution charts can be found below:
* The bar in red indicates where Indo SMC'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.
Indo SMC (BOM:544681) has a ROE % of 41.59% 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 Indo SMC and its competitors. This is 31% below median its historical median of 60.01. Over the past decade, Indo SMC's ROE % has ranged from 34.12 to 86.23. According to the industry distribution chart, Indo SMC ranks #62 out of 3007 companies in the Industrial Products industry, placing it in the top 2.1%.
Is Indo SMC's ROE % too high?
Indo SMC's current ROE % of 41.59% is 31% below median its 10-year median of 60.01. Over the past 10 years, this metric has ranged from a low of 34.12 to a high of 86.23. The Industrial Products industry median ROE % is 6.10. Indo SMC's value of 41.59% is 581.8% above this industry median. Based on the distribution chart, Indo SMC ranks #62 out of 3007 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Indo SMC has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Indo SMC's ROE % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Indo SMC ranks #62 out of 3007 companies for ROE %. This places Indo SMC in the top 2% of its industry — outperforming the majority of peers. The industry median ROE % is 6.10. Indo SMC's value of 41.59% is 581.8% above this benchmark. Historically, Indo SMC's own ROE % has ranged from 34.12 to 86.23 over the past decade. While the company's 10-year median is 60.01 vs. the industry median of 6.10, Indo SMC 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 Products company?
The median ROE % among Industrial Products companies is 6.10, based on 3,007 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. Indo SMC's current ROE % of 41.59% is 581.8% 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 Indo SMC and its competitors. For the Industrial Products industry, the median ROE % is 6.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo SMC's current ROE % is 41.59%, which is 31% below median its own 10-year median of 60.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo SMC stock overvalued right now?
Indo SMC (BOM:544681) has a current ROE % of 41.59%. The current ROE % is 41.59%, which is 31% below median its 10-year median of 60.01 and 581.8% above the Industrial Products industry median of 6.10. Indo SMC's overall GF Score™ is 21/100 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 Indo SMC (BOM:544681), the current ROE % is 41.59% 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.
Indo SMC Ltd is engaged in the design and manufacture of multiple products catering to electrical, industrial, and infrastructural applications. Its business comprises of (i) sheet moulding compound division: manufacturing enclosure box for energy meters, SMC sheet and SMC chequered plates, (ii) fiberglass reinforced plastic: manufacturing grating plates, and (iii) electrical component division: manufacturing HTCT, HTPT, LTCT, feeder pillars and other power distribution and circuit protection switchgears. The company's offerings include SMC (Sheet Moulding Compound) products, FRP (Fibre Reinforced Polymer) products, and Current & Potential Transformers (CT/PTs). The majority of the comapny's revenue is derived from the sale of CT PT Products.
21GF Score
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