Rajputana Stainless (BOM:544731) ROE %: 18.82% (As of Mar. 2026) — 37% Below Median


BOM:544731 Rajputana Stainless Ltd BOM:544731
18 GF Score
Price ₹128.00
! 2 Warning Signs
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What is Rajputana Stainless ROE %?

Rajputana Stainless BOM:544731 -0.08% 18 ROE % is 18.82% as of Mar. 2026, which is 37% below its 10-year median of 29.90. GuruFocus rates BOM:544731 with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 620 Steel companies, Rajputana Stainless ranks better than 93.39% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Rajputana Stainless's annualized net income for the quarter that ended in Mar. 2026 was ₹508 Mil. Rajputana Stainless's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹2,700 Mil. Therefore, Rajputana Stainless's annualized ROE % for the quarter that ended in Mar. 2026 was 18.82%.

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

BOM:544731' s ROE % Range Over the Past 10 Years
Min: 19.34   Med: 29.9   Max: 32.7
Current: 21.6

During the past 4 years, Rajputana Stainless's highest ROE % was 32.70%. The lowest was 19.34%. And the median was 29.90%.

BOM:544731's ROE % is ranked better than
93.39% of 620 companies
in the Steel industry
Industry Median: 3.68 vs BOM:544731: 21.60

Rajputana Stainless  (BOM:544731) 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
=508.176/2699.767
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(508.176 / 10122.906)*(10122.906 / 5245.2205)*(5245.2205 / 2699.767)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.02 %*1.9299*1.9428
=ROA %*Equity Multiplier
=9.69 %*1.9428
=18.82 %

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
=508.176/2699.767
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (508.176 / 680.716) * (680.716 / 824.51) * (824.51 / 10122.906) * (10122.906 / 5245.2205) * (5245.2205 / 2699.767)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7465 * 0.8256 * 8.14 % * 1.9299 * 1.9428
=18.82 %

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.


Rajputana Stainless ROE % Related Terms


Rajputana Stainless ROE % Historical Data

* Premium members only.

The historical data trend for Rajputana Stainless'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.

Rajputana Stainless ROE % Chart

Rajputana Stainless Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROE %
29.62 32.70 30.17 19.34

Rajputana Stainless Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
ROE % 0.00 0.00 0.00 29.71 18.82

BOM:544731 vs NUE, STLD, RS: ROE % Comparison

For the Steel subindustry, Rajputana Stainless'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.


Rajputana Stainless ROE % vs Steel Industry

For the Steel industry and Basic Materials sector, Rajputana Stainless's ROE % distribution charts can be found below:

* The bar in red indicates where Rajputana Stainless's ROE % falls into.


BOM:544731
18GF Score
Rajputana Stainless Ltd BOM:544731
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Rajputana Stainless ROE % Calculation

Rajputana Stainless'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 )
=498.184/( (1519.468+3632.984)/ 2 )
=498.184/2576.226
=19.34 %

Rajputana Stainless'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 )
=508.176/( (1766.55+3632.984)/ 2 )
=508.176/2699.767
=18.82 %

* 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 18.82% mean?
Rajputana Stainless (BOM:544731) has a ROE % of 18.82% 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 Rajputana Stainless and its competitors. This is 37% below median its historical median of 29.90. Over the past decade, Rajputana Stainless' ROE % has ranged from 19.34 to 32.70. According to the industry distribution chart, Rajputana Stainless ranks #41 out of 620 companies in the Steel industry, placing it in the top 6.6%.
Is Rajputana Stainless' ROE % too high?
Rajputana Stainless' current ROE % of 18.82% is 37% below median its 10-year median of 29.90. Over the past 10 years, this metric has ranged from a low of 19.34 to a high of 32.70. The Steel industry median ROE % is 3.68. Rajputana Stainless' value of 18.82% is 411.4% above this industry median. Based on the distribution chart, Rajputana Stainless ranks #41 out of 620 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Rajputana Stainless has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Rajputana Stainless' ROE % compare to NUE and STLD?
According to the Steel industry distribution chart, Rajputana Stainless ranks #41 out of 620 companies for ROE %. This places Rajputana Stainless in the top 7% of its industry — outperforming the majority of peers. The industry median ROE % is 3.68. Rajputana Stainless' value of 18.82% is 411.4% above this benchmark. Historically, Rajputana Stainless' own ROE % has ranged from 19.34 to 32.70 over the past decade. While the company's 10-year median is 29.90 vs. the industry median of 3.68, Rajputana Stainless 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 Steel company?
The median ROE % among Steel companies is 3.68, based on 620 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. Rajputana Stainless's current ROE % of 18.82% is 411.4% 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 Rajputana Stainless and its competitors. For the Steel industry, the median ROE % is 3.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rajputana Stainless's current ROE % is 18.82%, which is 37% below median its own 10-year median of 29.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rajputana Stainless stock overvalued right now?
Rajputana Stainless (BOM:544731) has a current ROE % of 18.82%. The current ROE % is 18.82%, which is 37% below median its 10-year median of 29.90 and 411.4% above the Steel industry median of 3.68. Rajputana Stainless' overall GF Score™ is 18/100 with 2 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 Rajputana Stainless (BOM:544731), the current ROE % is 18.82% 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.

Rajputana Stainless Business Description

Other Exchanges RSL:India
Address Halol Kalol Road, 213, Madhwas, Taluka Kalol, Panchmahal District, Panchmahal, GJ, IND, 389330
Rajputana Stainless Ltd is engaged in the business of manufacturing long and flat stainless-steel products comprising billets, forging ingots, rolled black bar, rolled bright bar, flat & patti, and other ancillary products under the brand name of RSL. Its products are used across a diverse range of industries, including bar processing, seamless pipes, forging, wire manufacturing, engineering, casting, fasteners, utensil manufacturing, pump and shaft, and the auto industry. The company operates in domestic as well as international markets, including Turkey, UAE, Poland, Portugal, USA, South Africa, South Korea, Czech Republic, and Kuwait. The majority of its revenue is derived from the sale of its products in the domestic market.
18GF Score

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

₹128.00
Price