Accord Transformer & Switchgear (BOM:544710) ROE %: 18.48% (As of Mar. 2026) — 27% Below Median

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BOM:544710 Accord Transformer & Switchgear Ltd BOM:544710
18 GF Score
Price ₹58.66
! 4 Warning Signs
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What is Accord Transformer & Switchgear ROE %?

Accord Transformer & Switchgear BOM:544710 +8.25% 18 ROE % is 18.48% as of Mar. 2026, which is 27% below its 10-year median of 25.25. GuruFocus rates BOM:544710 with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 3,005 Industrial Products companies, Accord Transformer & Switchgear ranks better than 64.96% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Accord Transformer & Switchgear's annualized net income for the quarter that ended in Mar. 2026 was ₹65.1 Mil. Accord Transformer & Switchgear's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹352.0 Mil. Therefore, Accord Transformer & Switchgear's annualized ROE % for the quarter that ended in Mar. 2026 was 18.48%.

The historical rank and industry rank for Accord Transformer & Switchgear's ROE % or its related term are showing as below:

BOM:544710' s ROE % Range Over the Past 10 Years
Min: 9.24   Med: 25.25   Max: 43.1
Current: 9.24

During the past 4 years, Accord Transformer & Switchgear's highest ROE % was 43.10%. The lowest was 9.24%. And the median was 25.25%.

BOM:544710's ROE % is ranked better than
64.96% of 3005 companies
in the Industrial Products industry
Industry Median: 5.88 vs BOM:544710: 9.24

Accord Transformer & Switchgear  (BOM:544710) 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
=65.066/352.0485
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(65.066 / 847.072)*(847.072 / 717.7305)*(717.7305 / 352.0485)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.68 %*1.1802*2.0387
=ROA %*Equity Multiplier
=9.06 %*2.0387
=18.48 %

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
=65.066/352.0485
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (65.066 / 87.502) * (87.502 / 87.206) * (87.206 / 847.072) * (847.072 / 717.7305) * (717.7305 / 352.0485)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7436 * 1.0034 * 10.29 % * 1.1802 * 2.0387
=18.48 %

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.


Accord Transformer & Switchgear ROE % Related Terms


Accord Transformer & Switchgear ROE % Historical Data

* Premium members only.

The historical data trend for Accord Transformer & Switchgear'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.

Accord Transformer & Switchgear ROE % Chart

Accord Transformer & Switchgear Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROE %
19.81 30.69 43.10 12.79

Accord Transformer & Switchgear Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
ROE % 0.00 0.00 79.04 18.48

BOM:544710 vs VRT, BE: ROE % Comparison

For the Electrical Equipment & Parts subindustry, Accord Transformer & Switchgear'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.


Accord Transformer & Switchgear ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Accord Transformer & Switchgear's ROE % distribution charts can be found below:

* The bar in red indicates where Accord Transformer & Switchgear's ROE % falls into.


BOM:544710
18GF Score
Accord Transformer & Switchgear Ltd BOM:544710
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Accord Transformer & Switchgear ROE % Calculation

Accord Transformer & Switchgear'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 )
=45.043/( (215.411+488.686)/ 2 )
=45.043/352.0485
=12.79 %

Accord Transformer & Switchgear'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 )
=65.066/( (215.411+488.686)/ 2 )
=65.066/352.0485
=18.48 %

* 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 18.48% mean?
Accord Transformer & Switchgear (BOM:544710) has a ROE % of 18.48% 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 Accord Transformer & Switchgear and its competitors. This is 27% below median its historical median of 25.25. Over the past decade, Accord Transformer & Switchgear's ROE % has ranged from 9.24 to 43.10. According to the industry distribution chart, Accord Transformer & Switchgear ranks #1053 out of 3005 companies in the Industrial Products industry, placing it in the top 35%.
Is Accord Transformer & Switchgear's ROE % too high?
Accord Transformer & Switchgear's current ROE % of 18.48% is 27% below median its 10-year median of 25.25. Over the past 10 years, this metric has ranged from a low of 9.24 to a high of 43.10. The Industrial Products industry median ROE % is 5.88. Accord Transformer & Switchgear's value of 18.48% is 214.3% above this industry median. Based on the distribution chart, Accord Transformer & Switchgear ranks #1053 out of 3005 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Accord Transformer & Switchgear has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Accord Transformer & Switchgear's ROE % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Accord Transformer & Switchgear ranks #1053 out of 3005 companies for ROE %. This puts Accord Transformer & Switchgear in the upper half of its industry. The industry median ROE % is 5.88. Accord Transformer & Switchgear's value of 18.48% is 214.3% above this benchmark. Historically, Accord Transformer & Switchgear's own ROE % has ranged from 9.24 to 43.10 over the past decade. While the company's 10-year median is 25.25 vs. the industry median of 5.88, Accord Transformer & Switchgear 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 5.88, 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. Accord Transformer & Switchgear's current ROE % of 18.48% is 214.3% 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 Accord Transformer & Switchgear and its competitors. For the Industrial Products industry, the median ROE % is 5.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accord Transformer & Switchgear's current ROE % is 18.48%, which is 27% below median its own 10-year median of 25.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accord Transformer & Switchgear stock overvalued right now?
Accord Transformer & Switchgear (BOM:544710) has a current ROE % of 18.48%. The current ROE % is 18.48%, which is 27% below median its 10-year median of 25.25 and 214.3% above the Industrial Products industry median of 5.88. Accord Transformer & Switchgear's overall GF Score™ is 18/100 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 Accord Transformer & Switchgear (BOM:544710), the current ROE % is 18.48% 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.

Accord Transformer & Switchgear Business Description

Address K Block, Sector2, Unit No.724-725-726, IMT Manesar, Gurgaon, HR, IND, 122050
Accord Transformer & Switchgear Ltd is engaged in the design, engineering, manufacturing, and supply of a diversified range of electrical power and distribution transformers and related equipment. It serves various industries, including the power transmission and distribution sector, renewable energy, industrial applications, infrastructure projects, and electric vehicle (EV) charging networks. Its offerings include distribution transformers, Power transformers, Dry-type transformers, Package substations, Special-purpose transformers, Low-voltage (LV) control panels, Vacuum Circuit Breaker (VCB) panels, Busducts, cable trays, and associated switchgear assemblies. The segments of the company are Manufacturing Division, which derives maximum revenue; & Service Activity division.
18GF 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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