Indus Motor Co (KAR:INDU) ROE %: 32.18% (As of Mar. 2026) — Near Median


KAR:INDU Indus Motor Co Ltd KAR:INDU
82 GF Score
Price ₨2,070.34
GF Value ₨2,447.49
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Indus Motor Co ROE %?

Indus Motor Co KAR:INDU 82 ROE % is 32.18% as of Mar. 2026, which is 2% above its 10-year median of 31.42. GuruFocus rates KAR:INDU with a GF Score™ of 82/100 and a GF Value™ of ₨2,447.49 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,308 Vehicles & Parts companies, Indus Motor Co ranks better than 96.48% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Indus Motor Co's annualized net income for the quarter that ended in Mar. 2026 was ₨26,788 Mil. Indus Motor Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₨83,256 Mil. Therefore, Indus Motor Co's annualized ROE % for the quarter that ended in Mar. 2026 was 32.18%.

The historical rank and industry rank for Indus Motor Co's ROE % or its related term are showing as below:

KAR:INDU' s ROE % Range Over the Past 10 Years
Min: 12.52   Med: 31.42   Max: 46.43
Current: 32.19

During the past 13 years, Indus Motor Co's highest ROE % was 46.43%. The lowest was 12.52%. And the median was 31.42%.

KAR:INDU's ROE % is ranked better than
96.48% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 6.62 vs KAR:INDU: 32.19

Indus Motor Co  (KAR:INDU) 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
=26788.492/83256.1745
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(26788.492 / 291128.068)*(291128.068 / 173217.393)*(173217.393 / 83256.1745)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.2 %*1.6807*2.0805
=ROA %*Equity Multiplier
=15.46 %*2.0805
=32.18 %

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
=26788.492/83256.1745
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (26788.492 / 46386.636) * (46386.636 / 35358.632) * (35358.632 / 291128.068) * (291128.068 / 173217.393) * (173217.393 / 83256.1745)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5775 * 1.3119 * 12.15 % * 1.6807 * 2.0805
=32.18 %

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.


Indus Motor Co ROE % Related Terms


Indus Motor Co ROE % Historical Data

* Premium members only.

The historical data trend for Indus Motor Co'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.

Indus Motor Co ROE % Chart

Indus Motor Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.71 30.92 16.94 23.68 31.92

Indus Motor Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 Premium Member Only Premium Member Only 36.36 34.11 33.47 28.94 32.18

KAR:INDU vs TSLA, GM, F: ROE % Comparison

For the Auto Manufacturers subindustry, Indus Motor Co'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.


Indus Motor Co ROE % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Indus Motor Co's ROE % distribution charts can be found below:

* The bar in red indicates where Indus Motor Co's ROE % falls into.


KAR:INDU
82GF Score
Indus Motor Co Ltd KAR:INDU
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Indus Motor Co ROE % Calculation

Indus Motor Co's annualized ROE % for the fiscal year that ended in Jun. 2025 is calculated as

ROE %=Net Income (A: Jun. 2025 )/( (Total Stockholders Equity (A: Jun. 2024 )+Total Stockholders Equity (A: Jun. 2025 ))/ count )
=23009.659/( (67226.443+76952.638)/ 2 )
=23009.659/72089.5405
=31.92 %

Indus Motor Co'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 )
=26788.492/( (81715.413+84796.936)/ 2 )
=26788.492/83256.1745
=32.18 %

* 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 32.18% mean?
Indus Motor Co (KAR:INDU) has a ROE % of 32.18% 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 Indus Motor Co and its competitors. This is near median its historical median of 31.42. Over the past decade, Indus Motor Co's ROE % has ranged from 12.52 to 46.43. According to the industry distribution chart, Indus Motor Co ranks #46 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 3.5%.
Is Indus Motor Co's ROE % too high?
Indus Motor Co's current ROE % of 32.18% is near median its 10-year median of 31.42. Over the past 10 years, this metric has ranged from a low of 12.52 to a high of 46.43. The Vehicles & Parts industry median ROE % is 6.62. Indus Motor Co's value of 32.18% is 386.1% above this industry median. Based on the distribution chart, Indus Motor Co ranks #46 out of 1308 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Indus Motor Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indus Motor Co's ROE % compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Indus Motor Co ranks #46 out of 1308 companies for ROE %. This places Indus Motor Co in the top 4% of its industry — outperforming the majority of peers. The industry median ROE % is 6.62. Indus Motor Co's value of 32.18% is 386.1% above this benchmark. Historically, Indus Motor Co's own ROE % has ranged from 12.52 to 46.43 over the past decade. While the company's 10-year median is 31.42 vs. the industry median of 6.62, Indus Motor Co 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 Vehicles & Parts company?
The median ROE % among Vehicles & Parts companies is 6.62, based on 1,308 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. Indus Motor Co's current ROE % of 32.18% is 386.1% 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 Indus Motor Co and its competitors. For the Vehicles & Parts industry, the median ROE % is 6.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indus Motor Co's current ROE % is 32.18%, which is near median its own 10-year median of 31.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indus Motor Co stock overvalued right now?
Based on GuruFocus' analysis, Indus Motor Co (KAR:INDU) is currently considered Modestly Undervalued. The stock's GF Value™ is ₨2,447.49, compared to a current price of ₨2,070.34 — trading 15.4% below its estimated fair value. The current ROE % is 32.18%, which is near median its 10-year median of 31.42 and 386.1% above the Vehicles & Parts industry median of 6.62. Indus Motor Co's overall GF Score™ is 82/100 with 1 warning sign 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 Indus Motor Co (KAR:INDU), the current ROE % is 32.18% 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.

Is Indus Motor Co (KAR:INDU) Overvalued in 2026?

Based on GuruFocus' analysis, Indus Motor Co stock appears to be undervalued. The current stock price of ₨2,070.34 is trading 15.4% below its estimated GF Value™ of ₨2,447.49. GuruFocus considers Indus Motor Co to be Modestly Undervalued.

Key valuation signals for KAR:INDU:

  • ROE %: 32.18% (near median its 10-year median of 31.42)
  • GF Value™: ₨2,447.49 vs. price of ₨2,070.34 (15.4% below fair value)
  • GF Score™: 82/100 with 1 warning sign
  • Industry Position: 386.1% above the Vehicles & Parts median (#46 of 1308)

No single metric tells the full story. See the KAR:INDU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Indus Motor Co Business Description

Address Plot No. N.W.Z/1/P-1, Port Qasim Authority, Bin Qasim, Karachi, SD, PAK
Indus Motor Co Ltd manufactures and markets Toyota brand vehicles in Pakistan. It offers passenger cars, light commercial vehicles, and sports utility under Corolla, Hilux, and Fortuner brand names. In addition, the company also offers parts, lubricants, and chemicals, as well as after-sales services.
82GF Score

Get the complete analysis for KAR:INDU

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

₨2,070.34
Price
₨2,447.49
GF Value