Shayona Engineering (BOM:544686) ROE %: 23.63% (As of Mar. 2026) — 27% Below Median

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BOM:544686 Shayona Engineering Ltd BOM:544686
16 GF Score
Price ₹140.00
! 5 Warning Signs
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What is Shayona Engineering ROE %?

Shayona Engineering BOM:544686 -0.71% 16 ROE % is 23.63% as of Mar. 2026, which is 27% below its 10-year median of 32.50. GuruFocus rates BOM:544686 with a GF Score™ of 16/100. The stock has 5 warning signs investors should review. Among 3,005 Industrial Products companies, Shayona Engineering ranks better than 74.51% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Shayona Engineering's annualized net income for the quarter that ended in Mar. 2026 was ₹43.2 Mil. Shayona Engineering's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹182.8 Mil. Therefore, Shayona Engineering's annualized ROE % for the quarter that ended in Mar. 2026 was 23.63%.

The historical rank and industry rank for Shayona Engineering's ROE % or its related term are showing as below:

BOM:544686' s ROE % Range Over the Past 10 Years
Min: 11.82   Med: 32.5   Max: 56.93
Current: 11.82

During the past 4 years, Shayona Engineering's highest ROE % was 56.93%. The lowest was 11.82%. And the median was 32.50%.

BOM:544686's ROE % is ranked better than
74.51% of 3005 companies
in the Industrial Products industry
Industry Median: 5.91 vs BOM:544686: 11.82

Shayona Engineering  (BOM:544686) 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
=43.188/182.7505
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(43.188 / 533.192)*(533.192 / 415.087)*(415.087 / 182.7505)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.1 %*1.2845*2.2713
=ROA %*Equity Multiplier
=10.4 %*2.2713
=23.63 %

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
=43.188/182.7505
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (43.188 / 61.694) * (61.694 / 84.454) * (84.454 / 533.192) * (533.192 / 415.087) * (415.087 / 182.7505)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7 * 0.7305 * 15.84 % * 1.2845 * 2.2713
=23.63 %

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.


Shayona Engineering ROE % Related Terms


Shayona Engineering ROE % Historical Data

* Premium members only.

The historical data trend for Shayona Engineering'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.

Shayona Engineering ROE % Chart

Shayona Engineering Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROE %
30.19 56.93 34.81 22.11

Shayona Engineering Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
ROE % 0.00 0.00 56.83 23.63

BOM:544686 vs CRS, ATI, MLI: ROE % Comparison

For the Metal Fabrication subindustry, Shayona Engineering'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.


Shayona Engineering ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shayona Engineering's ROE % distribution charts can be found below:

* The bar in red indicates where Shayona Engineering's ROE % falls into.


BOM:544686
16GF Score
Shayona Engineering Ltd BOM:544686
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shayona Engineering ROE % Calculation

Shayona Engineering'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 )
=40.414/( (99.08+266.421)/ 2 )
=40.414/182.7505
=22.11 %

Shayona Engineering's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Mar. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=43.188/( (99.08+266.421)/ 2 )
=43.188/182.7505
=23.63 %

* 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 23.63% mean?
Shayona Engineering (BOM:544686) has a ROE % of 23.63% 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 Shayona Engineering and its competitors. This is 27% below median its historical median of 32.50. Over the past decade, Shayona Engineering's ROE % has ranged from 11.82 to 56.93. According to the industry distribution chart, Shayona Engineering ranks #766 out of 3005 companies in the Industrial Products industry, placing it in the top 25.5%.
Is Shayona Engineering's ROE % too high?
Shayona Engineering's current ROE % of 23.63% is 27% below median its 10-year median of 32.50. Over the past 10 years, this metric has ranged from a low of 11.82 to a high of 56.93. The Industrial Products industry median ROE % is 5.91. Shayona Engineering's value of 23.63% is 299.8% above this industry median. Based on the distribution chart, Shayona Engineering ranks #766 out of 3005 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Shayona Engineering has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Shayona Engineering's ROE % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Shayona Engineering ranks #766 out of 3005 companies for ROE %. This puts Shayona Engineering in the upper half of its industry. The industry median ROE % is 5.91. Shayona Engineering's value of 23.63% is 299.8% above this benchmark. Historically, Shayona Engineering's own ROE % has ranged from 11.82 to 56.93 over the past decade. While the company's 10-year median is 32.50 vs. the industry median of 5.91, Shayona Engineering 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 5.91, based on 3,005 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. Shayona Engineering's current ROE % of 23.63% is 299.8% 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 Shayona Engineering and its competitors. For the Industrial Products industry, the median ROE % is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shayona Engineering's current ROE % is 23.63%, which is 27% below median its own 10-year median of 32.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shayona Engineering stock overvalued right now?
Shayona Engineering (BOM:544686) has a current ROE % of 23.63%. The current ROE % is 23.63%, which is 27% below median its 10-year median of 32.50 and 299.8% above the Industrial Products industry median of 5.91. Shayona Engineering's overall GF Score™ is 16/100 with 5 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 Shayona Engineering (BOM:544686), the current ROE % is 23.63% 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.

Shayona Engineering Business Description

Address Shed No. 113/1, GIDC, Makarpura, M.I. Estate, Vadodara, GJ, IND, 390010
Shayona Engineering Ltd provides engineering solutions, including machinery, automation systems, and pre-engineered building (PEB) structures, serving multiple industrial sectors. Its business scope includes precision ferrous and non-ferrous castings produced through multiple casting processes, as well as machined metal, rubber, and plastic components and assemblies. The company also designs, manufactures, installs, and commissions heavy process equipment and structures. Additionally, it offers industrial design services including requirements analysis, concept development, CAD modeling, prototyping, and ergonomics evaluation. The majority of the company's revenue is derived from the Engineering division.
16GF Score

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