Mangalam Worldwide (BOM:544764) ROE %: 20.51% (As of Mar. 2026) — 22% Above Median


BOM:544764 Mangalam Worldwide Ltd BOM:544764
40 GF Score
Price ₹370.80
! 4 Warning Signs
View Full Analysis

What is Mangalam Worldwide ROE %?

Mangalam Worldwide BOM:544764 +0.76% 40 ROE % is 20.51% as of Mar. 2026, which is 22% above its 10-year median of 16.75. GuruFocus rates BOM:544764 with a GF Score™ of 40/100. The stock has 4 warning signs investors should review. Among 622 Steel companies, Mangalam Worldwide ranks better than 92.12% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Mangalam Worldwide's annualized net income for the quarter that ended in Mar. 2026 was ₹615 Mil. Mangalam Worldwide's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹2,997 Mil. Therefore, Mangalam Worldwide's annualized ROE % for the quarter that ended in Mar. 2026 was 20.51%.

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

BOM:544764' s ROE % Range Over the Past 10 Years
Min: 2.94   Med: 16.75   Max: 42.46
Current: 18.05

During the past 8 years, Mangalam Worldwide's highest ROE % was 42.46%. The lowest was 2.94%. And the median was 16.75%.

BOM:544764's ROE % is ranked better than
92.12% of 622 companies
in the Steel industry
Industry Median: 3.69 vs BOM:544764: 18.05

Mangalam Worldwide  (BOM:544764) 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
=614.728/2996.935
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(614.728 / 10598.04)*(10598.04 / 9286.579)*(9286.579 / 2996.935)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.8 %*1.1412*3.0987
=ROA %*Equity Multiplier
=6.62 %*3.0987
=20.51 %

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
=614.728/2996.935
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (614.728 / 656.6) * (656.6 / 1007.392) * (1007.392 / 10598.04) * (10598.04 / 9286.579) * (9286.579 / 2996.935)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9362 * 0.6518 * 9.51 % * 1.1412 * 3.0987
=20.51 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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.


Mangalam Worldwide ROE % Related Terms


Mangalam Worldwide ROE % Historical Data

* Premium members only.

The historical data trend for Mangalam Worldwide'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.

Mangalam Worldwide ROE % Chart

Mangalam Worldwide Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial 42.46 19.07 13.84 13.51 18.03

Mangalam Worldwide Quarterly Data
Mar19 Mar20 Mar21 Mar22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.25 15.81 15.21 20.30 20.51

BOM:544764 vs NUE, STLD, RS: ROE % Comparison

For the Steel subindustry, Mangalam Worldwide'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.


Mangalam Worldwide ROE % vs Steel Industry

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

* The bar in red indicates where Mangalam Worldwide's ROE % falls into.


BOM:544764
40GF Score
Mangalam Worldwide Ltd BOM:544764
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mangalam Worldwide ROE % Calculation

Mangalam Worldwide'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 )
=500.995/( (2559.226+2996.935)/ 2 )
=500.995/2778.0805
=18.03 %

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

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=614.728/( (0+2996.935)/ 1 )
=614.728/2996.935
=20.51 %

* 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 four times the quarterly (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 20.51% mean?
Mangalam Worldwide (BOM:544764) has a ROE % of 20.51% 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 Mangalam Worldwide and its competitors. This is 22% above median its historical median of 16.75. Over the past decade, Mangalam Worldwide's ROE % has ranged from 2.94 to 42.46. According to the industry distribution chart, Mangalam Worldwide ranks #49 out of 622 companies in the Steel industry, placing it in the top 7.9%.
Is Mangalam Worldwide's ROE % too high?
Mangalam Worldwide's current ROE % of 20.51% is 22% above median its 10-year median of 16.75. Over the past 10 years, this metric has ranged from a low of 2.94 to a high of 42.46. The Steel industry median ROE % is 3.69. Mangalam Worldwide's value of 20.51% is 455.8% above this industry median. Based on the distribution chart, Mangalam Worldwide ranks #49 out of 622 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Mangalam Worldwide has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Mangalam Worldwide's ROE % compare to NUE and STLD?
According to the Steel industry distribution chart, Mangalam Worldwide ranks #49 out of 622 companies for ROE %. This places Mangalam Worldwide in the top 8% of its industry — outperforming the majority of peers. The industry median ROE % is 3.69. Mangalam Worldwide's value of 20.51% is 455.8% above this benchmark. Historically, Mangalam Worldwide's own ROE % has ranged from 2.94 to 42.46 over the past decade. While the company's 10-year median is 16.75 vs. the industry median of 3.69, Mangalam Worldwide 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 3.69, based on 622 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. Mangalam Worldwide's current ROE % of 20.51% is 455.8% 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 Mangalam Worldwide and its competitors. For the Steel industry, the median ROE % is 3.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mangalam Worldwide's current ROE % is 20.51%, which is 22% above median its own 10-year median of 16.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangalam Worldwide stock overvalued right now?
Mangalam Worldwide (BOM:544764) has a current ROE % of 20.51%. The current ROE % is 20.51%, which is 22% above median its 10-year median of 16.75 and 455.8% above the Steel industry median of 3.69. Mangalam Worldwide's overall GF Score™ is 40/100 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 Mangalam Worldwide (BOM:544764), the current ROE % is 20.51% 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.

Mangalam Worldwide Business Description

Other Exchanges MWL:India
Address 102, Mangalam Corporate House, 42, Shrimali Society, Netaji Marg, Mithakhali, Navrangpura, Ahmedabad, GJ, IND, 380009
Mangalam Worldwide Ltd is engaged in the manufacturing of stainless steel. The company manufactures Steel Products viz Billets, Ingots, Forged Roundbars, Forged Bright Roundbars, Roundbars, RCS Bars, Brightbars and Seamless Pipes & Tubes, Electric Resistance Welded (ERW) Pipes & Tubes. It operates in India and Outside India, of which it derives maximum revenue from India.
40GF Score

Get the complete analysis for BOM:544764

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

₹370.80
Price