Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Aastha SpintexNSE:AASTHA -0.37%14 ROE % is 23.21% as of Mar. 2025, which is at its 10-year median of 23.21. GuruFocus rates NSE:AASTHA with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 1,022 Manufacturing - Apparel & Accessories companies, Aastha Spintex ranks better than 91.68% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Aastha Spintex's annualized net income for the quarter that ended in Mar. 2025 was ₹229 Mil. Aastha Spintex's average Total Stockholders Equity over the quarter that ended in Mar. 2025 was ₹987 Mil. Therefore, Aastha Spintex's annualized ROE % for the quarter that ended in Mar. 2025 was 23.21%.
The historical rank and industry rank for Aastha Spintex's ROE % or its related term are showing as below:
NSE:AASTHA'
s ROE % Range Over the Past 10 Years
Min: 1.76 Med: 23.21 Max: 23.88
Current: 23.21
During the past 3 years, Aastha Spintex's highest ROE % was 23.88%. The lowest was 1.76%. And the median was 23.21%.
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 one times the annual (Mar. 2025) net income data. The Revenue data used here is one times the annual (Mar. 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.
Aastha Spintex ROE % Related Terms
Aastha Spintex ROE % Historical Data
* Premium members only.
The historical data trend for Aastha Spintex'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.
Aastha Spintex ROE % Chart
Aastha Spintex Annual Data
Trend
Mar23
Mar24
Mar25
ROE %
1.76
23.88
23.21
Aastha Spintex Semi-Annual Data
Mar23
Mar24
Mar25
ROE %
1.76
23.88
23.21
NSE:AASTHA vs : ROE % Comparison
For the Textile Manufacturing subindustry, Aastha Spintex'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.
Aastha Spintex ROE % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Aastha Spintex's ROE % distribution charts can be found below:
* The bar in red indicates where Aastha Spintex'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 one times the annual (Mar. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Aastha Spintex (NSE:AASTHA) has a ROE % of 23.21% as of Mar. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Aastha Spintex and its competitors. This is near median its historical median of 23.21. Over the past decade, Aastha Spintex's ROE % has ranged from 1.76 to 23.88. According to the industry distribution chart, Aastha Spintex ranks #85 out of 1022 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 8.3%.
Is Aastha Spintex's ROE % too high?
Aastha Spintex's current ROE % of 23.21% is near median its 10-year median of 23.21. Over the past 10 years, this metric has ranged from a low of 1.76 to a high of 23.88. The Manufacturing - Apparel & Accessories industry median ROE % is 4.04. Aastha Spintex's value of 23.21% is 474.5% above this industry median. Based on the distribution chart, Aastha Spintex ranks #85 out of 1022 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Aastha Spintex has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Aastha Spintex's ROE % compare to ?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Aastha Spintex ranks #85 out of 1022 companies for ROE %. This places Aastha Spintex in the top 8% of its industry — outperforming the majority of peers. The industry median ROE % is 4.04. Aastha Spintex's value of 23.21% is 474.5% above this benchmark. Historically, Aastha Spintex's own ROE % has ranged from 1.76 to 23.88 over the past decade. While the company's 10-year median is 23.21 vs. the industry median of 4.04, Aastha Spintex 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 Manufacturing - Apparel & Accessories company?
The median ROE % among Manufacturing - Apparel & Accessories companies is 4.04, based on 1,022 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. Aastha Spintex's current ROE % of 23.21% is 474.5% 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 Aastha Spintex and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROE % is 4.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aastha Spintex's current ROE % is 23.21%, which is near median its own 10-year median of 23.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aastha Spintex stock overvalued right now?
Aastha Spintex (NSE:AASTHA) has a current ROE % of 23.21%. The current ROE % is 23.21%, which is near median its 10-year median of 23.21 and 474.5% above the Manufacturing - Apparel & Accessories industry median of 4.04. Aastha Spintex's overall GF Score™ is 14/100 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 Aastha Spintex (NSE:AASTHA), the current ROE % is 23.21% as of Mar. 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.
Aastha Spintex Ltd is engaged in the business of manufacturing and trading of carded, combed and compact combed cotton yarns and cotton bales. Its cotton bales are used for captive consumption in yarn production and are also supplied to other spinning units. The company's cotton yarn products are used in knitting and weaving applications across end-use segments including denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles, and industrial fabrics. The majority of the company's revenue is derived from the sale of Cotton Yarn.
14GF Score
Get the complete analysis for NSE:AASTHA
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:AASTHA has been successfully added to your 
