Gulf Lloyds India (BOM:544834) ROE %: 37.73% (As of Mar. 2026) — Near Median

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BOM:544834 Gulf Lloyds India Ltd BOM:544834
15 GF Score
Price ₹36.20
! 2 Warning Signs
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What is Gulf Lloyds India ROE %?

Gulf Lloyds India BOM:544834 -3.34% 15 ROE % is 37.73% as of Mar. 2026, which is 9% below its 10-year median of 41.36. GuruFocus rates BOM:544834 with a GF Score™ of 15/100. The stock has 2 warning signs investors should review. Among 1,056 Business Services companies, Gulf Lloyds India ranks better than 94.6% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Gulf Lloyds India's annualized net income for the quarter that ended in Mar. 2026 was ₹47.0 Mil. Gulf Lloyds India's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹124.5 Mil. Therefore, Gulf Lloyds India's annualized ROE % for the quarter that ended in Mar. 2026 was 37.73%.

The historical rank and industry rank for Gulf Lloyds India's ROE % or its related term are showing as below:

BOM:544834' s ROE % Range Over the Past 10 Years
Min: 37.5   Med: 41.36   Max: 66.77
Current: 37.71

During the past 4 years, Gulf Lloyds India's highest ROE % was 66.77%. The lowest was 37.50%. And the median was 41.36%.

BOM:544834's ROE % is ranked better than
94.6% of 1056 companies
in the Business Services industry
Industry Median: 8.62 vs BOM:544834: 37.71

Gulf Lloyds India  (BOM:544834) 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
=46.976/124.5165
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(46.976 / 380.48)*(380.48 / 298.3325)*(298.3325 / 124.5165)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.35 %*1.2754*2.3959
=ROA %*Equity Multiplier
=15.75 %*2.3959
=37.73 %

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
=46.976/124.5165
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (46.976 / 61.038) * (61.038 / 73.596) * (73.596 / 380.48) * (380.48 / 298.3325) * (298.3325 / 124.5165)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7696 * 0.8294 * 19.34 % * 1.2754 * 2.3959
=37.73 %

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.


Gulf Lloyds India ROE % Related Terms


Gulf Lloyds India ROE % Historical Data

* Premium members only.

The historical data trend for Gulf Lloyds India'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.

Gulf Lloyds India ROE % Chart

Gulf Lloyds India Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROE %
38.79 43.93 66.77 37.50

Gulf Lloyds India Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
ROE % 0.00 0.00 0.00 37.93 37.73

BOM:544834 vs CTAS, CPRT, GPN: ROE % Comparison

For the Specialty Business Services subindustry, Gulf Lloyds India'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.


Gulf Lloyds India ROE % vs Business Services Industry

For the Business Services industry and Industrials sector, Gulf Lloyds India's ROE % distribution charts can be found below:

* The bar in red indicates where Gulf Lloyds India's ROE % falls into.


BOM:544834
15GF Score
Gulf Lloyds India Ltd BOM:544834
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Gulf Lloyds India ROE % Calculation

Gulf Lloyds India'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 )
=43.029/( (93.254+136.238)/ 2 )
=43.029/114.746
=37.50 %

Gulf Lloyds India'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 )
=46.976/( (112.795+136.238)/ 2 )
=46.976/124.5165
=37.73 %

* 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 37.73% mean?
Gulf Lloyds India (BOM:544834) has a ROE % of 37.73% 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 Gulf Lloyds India and its competitors. This is near median its historical median of 41.36. Over the past decade, Gulf Lloyds India's ROE % has ranged from 37.50 to 66.77. According to the industry distribution chart, Gulf Lloyds India ranks #57 out of 1056 companies in the Business Services industry, placing it in the top 5.4%.
Is Gulf Lloyds India's ROE % too high?
Gulf Lloyds India's current ROE % of 37.73% is near median its 10-year median of 41.36. Over the past 10 years, this metric has ranged from a low of 37.50 to a high of 66.77. The Business Services industry median ROE % is 8.62. Gulf Lloyds India's value of 37.73% is 337.7% above this industry median. Based on the distribution chart, Gulf Lloyds India ranks #57 out of 1056 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Gulf Lloyds India has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Gulf Lloyds India's ROE % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Gulf Lloyds India ranks #57 out of 1056 companies for ROE %. This places Gulf Lloyds India in the top 5% of its industry — outperforming the majority of peers. The industry median ROE % is 8.62. Gulf Lloyds India's value of 37.73% is 337.7% above this benchmark. Historically, Gulf Lloyds India's own ROE % has ranged from 37.50 to 66.77 over the past decade. While the company's 10-year median is 41.36 vs. the industry median of 8.62, Gulf Lloyds India 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 Business Services company?
The median ROE % among Business Services companies is 8.62, based on 1,056 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. Gulf Lloyds India's current ROE % of 37.73% is 337.7% 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 Gulf Lloyds India and its competitors. For the Business Services industry, the median ROE % is 8.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gulf Lloyds India's current ROE % is 37.73%, which is near median its own 10-year median of 41.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gulf Lloyds India stock overvalued right now?
Gulf Lloyds India (BOM:544834) has a current ROE % of 37.73%. The current ROE % is 37.73%, which is near median its 10-year median of 41.36 and 337.7% above the Business Services industry median of 8.62. Gulf Lloyds India's overall GF Score™ is 15/100 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 Gulf Lloyds India (BOM:544834), the current ROE % is 37.73% 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.

Gulf Lloyds India Business Description

Address Drive in Road, Thaltej Road, 910-909, Gala Empire, Opposite TV Tower, Ahmedabad, GJ, IND, 380054
Gulf Lloyds India Ltd is engaged in the business of Third Party Inspection Services. The company provides Third-Party Inspection, Auditing, Testing, Training and Certification services across various industries and regions. It serves the Government, Public and Private Sector Organizations involved in Onshore, Offshore & Marine activities. The company operates in only one segment. The majority of the company's revenue is derived from the provision of Inspection Services.
15GF 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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