Indus GasLSE:INDI -32.00% ROE % is 33.85% as of Sep. 2025, which is 137% above its 10-year median of 14.26. The stock has 6 warning signs investors should review.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Indus Gas's annualized net income for the quarter that ended in Sep. 2025 was £1.69 Mil. Indus Gas's average Total Stockholders Equity over the quarter that ended in Sep. 2025 was £5.01 Mil. Therefore, Indus Gas's annualized ROE % for the quarter that ended in Sep. 2025 was 33.85%.
The historical rank and industry rank for Indus Gas's ROE % or its related term are showing as below:
LSE:INDI'
s ROE % Range Over the Past 10 Years
Min: -291.56 Med: 14.26 Max: 22.17
Current: -291.56
During the past 13 years, Indus Gas's highest ROE % was 22.17%. The lowest was -291.56%. And the median was 14.26%.
LSE:INDI's ROE % is not ranked
in the Oil & Gas industry.
Industry Median: 5.71
vs LSE:INDI: -291.56
Indus Gas (LSE:INDI) 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 (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 2025) 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 Gas ROE % Related Terms
Indus Gas ROE % Historical Data
* Premium members only.
The historical data trend for Indus Gas'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.
For the Oil & Gas E&P subindustry, Indus Gas'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 Gas ROE % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Indus Gas's ROE % distribution charts can be found below:
* The bar in red indicates where Indus Gas'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 (Sep. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Indus Gas (LSE:INDI) has a ROE % of 33.85% as of Sep. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Indus Gas and its competitors. This is 137% above median its historical median of 14.26.
Is Indus Gas' ROE % too high?
Indus Gas' current ROE % of 33.85% is 137% above median its 10-year median of 14.26. The Oil & Gas industry median ROE % is 5.71. Indus Gas' value of 33.85% is 492.8% above this industry median.
How does Indus Gas' ROE % compare to COP and EOG?
Indus Gas' ROE % of 33.85% can be compared against companies in the Oil & Gas industry. The industry median ROE % is 5.71. Indus Gas' value of 33.85% is 492.8% above this benchmark. While the company's 10-year median is 14.26 vs. the industry median of 5.71, Indus Gas 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 an Oil & Gas company?
The median ROE % among Oil & Gas companies is 5.71, based on 957 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 Gas's current ROE % of 33.85% is 492.8% 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 Indus Gas and its competitors. For the Oil & Gas industry, the median ROE % is 5.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indus Gas's current ROE % is 33.85%, which is 137% above median its own 10-year median of 14.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indus Gas stock overvalued right now?
Indus Gas (LSE:INDI) has a current ROE % of 33.85%. The stock's GF Value™ is £0.14, compared to a current price of £0.01 — trading 90.3% below its estimated fair value. The current ROE % is 33.85%, which is 137% above median its 10-year median of 14.26 and 492.8% above the Oil & Gas industry median of 5.71. 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 Gas (LSE:INDI), the current ROE % is 33.85% as of Sep. 2025. 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.
Indus Gas Ltd is an oil and gas exploration and development company. It predominantly operates in India, focusing on exploration, development, production, distribution, and marketing of hydrocarbons, including natural gas. The company holds a participating interest in Block RJ-ON/6, an onshore petroleum concession in Rajasthan, India, covering a large area in the Indus Basin. Its operations involve partnerships with entities like Oil and Natural Gas Corporation Ltd. (ONGC) and Focus Energy Ltd., with ONGC having back-in rights for participating interests in discovered fields. Indus Gas sells natural gas prominently to GAIL (India) Ltd and continues to evaluate other opportunities in the oil and gas sector.
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