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Novus LoyaltyBOM:544735 21 ROE % is 17.31% as of Mar. 2026, which is 41% below its 10-year median of 29.52. GuruFocus rates BOM:544735 with a GF Score™ of 21/100. Among 2,690 Software companies, Novus Loyalty ranks better than 89.89% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Novus Loyalty's annualized net income for the quarter that ended in Mar. 2026 was ₹70 Mil. Novus Loyalty's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹402 Mil. Therefore, Novus Loyalty's annualized ROE % for the quarter that ended in Mar. 2026 was 17.31%.
The historical rank and industry rank for Novus Loyalty's ROE % or its related term are showing as below:
BOM:544735'
s ROE % Range Over the Past 10 Years
Min: 8.36 Med: 29.52 Max: 36.94
Current: 29.98
During the past 4 years, Novus Loyalty's highest ROE % was 36.94%. The lowest was 8.36%. And the median was 29.52%.
BOM:544735's ROE % is ranked better than 89.89% of 2690
companies
in the Software industry
Industry Median: 4.78
vs BOM:544735: 29.98
Novus Loyalty (BOM:544735) 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:
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.
Novus Loyalty ROE % Related Terms
Novus Loyalty ROE % Historical Data
* Premium members only.
The historical data trend for Novus Loyalty'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.
Novus Loyalty ROE % Chart
Novus Loyalty Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
ROE %
8.36
36.94
33.95
25.08
Novus Loyalty Semi-Annual Data
Mar23
Mar24
Mar25
Sep25
Mar26
ROE %
0.00
0.00
0.00
73.94
17.31
BOM:544735 vs UBER, SHOP, CRM: ROE % Comparison
For the Software - Application subindustry, Novus Loyalty'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.
Novus Loyalty ROE % vs Software Industry
For the Software industry and Technology sector, Novus Loyalty's ROE % distribution charts can be found below:
* The bar in red indicates where Novus Loyalty'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.
Novus Loyalty (BOM:544735) has a ROE % of 17.31% 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 Novus Loyalty and its competitors. This is 41% below median its historical median of 29.52. Over the past decade, Novus Loyalty's ROE % has ranged from 8.36 to 36.94. According to the industry distribution chart, Novus Loyalty ranks #272 out of 2690 companies in the Software industry, placing it in the top 10.1%.
Is Novus Loyalty's ROE % too high?
Novus Loyalty's current ROE % of 17.31% is 41% below median its 10-year median of 29.52. Over the past 10 years, this metric has ranged from a low of 8.36 to a high of 36.94. The Software industry median ROE % is 4.78. Novus Loyalty's value of 17.31% is 262.1% above this industry median. Based on the distribution chart, Novus Loyalty ranks #272 out of 2690 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Novus Loyalty has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Novus Loyalty's ROE % compare to UBER and SHOP?
According to the Software industry distribution chart, Novus Loyalty ranks #272 out of 2690 companies for ROE %. This places Novus Loyalty in the top 10% of its industry — outperforming the majority of peers. The industry median ROE % is 4.78. Novus Loyalty's value of 17.31% is 262.1% above this benchmark. Historically, Novus Loyalty's own ROE % has ranged from 8.36 to 36.94 over the past decade. While the company's 10-year median is 29.52 vs. the industry median of 4.78, Novus Loyalty 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 Software company?
The median ROE % among Software companies is 4.78, based on 2,690 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. Novus Loyalty's current ROE % of 17.31% is 262.1% 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 Novus Loyalty and its competitors. For the Software industry, the median ROE % is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novus Loyalty's current ROE % is 17.31%, which is 41% below median its own 10-year median of 29.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novus Loyalty stock overvalued right now?
Novus Loyalty (BOM:544735) has a current ROE % of 17.31%. The current ROE % is 17.31%, which is 41% below median its 10-year median of 29.52 and 262.1% above the Software industry median of 4.78. Novus Loyalty's overall GF Score™ is 21/100. 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 Novus Loyalty (BOM:544735), the current ROE % is 17.31% 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.
Novus Loyalty Ltd is a technology company engaged in providing loyalty and reward solutions to various industries such as Fintech, E-commerce, Software, Finance, Banking, FMCG and Real Estate. The company's operations involve the development, customization, installation, and implementation of loyalty and reward applications, together with post-implementation support, monitoring, and maintenance services. Its platform provides both customizable and ready-to-use program models, including point-based rewards, event-triggered campaigns, cashback systems, purchase-linked promotions, and digital vouchers. Its business verticals include: Technology, Redemptions, Merchant Promotions, and Digital Vouchers, with the majority of revenue deriving from Digital Vouchers.
21GF Score
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