Asahi India Glass (NSE:ASAHIINDIA) ROE %: 13.48% (As of Mar. 2026) — 14% Below Median


NSE:ASAHIINDIA Asahi India Glass Ltd NSE:ASAHIINDIA
78 GF Score
Price ₹914.90
GF Value ₹746.93
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Asahi India Glass ROE %?

Asahi India Glass NSE:ASAHIINDIA +2.62% 78 ROE % is 13.48% as of Mar. 2026, which is 14% below its 10-year median of 15.71. GuruFocus rates NSE:ASAHIINDIA with a GF Score™ of 78/100 and a GF Value™ of ₹746.93 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,305 Vehicles & Parts companies, Asahi India Glass ranks better than 64.52% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Asahi India Glass's annualized net income for the quarter that ended in Mar. 2026 was ₹5,299 Mil. Asahi India Glass's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹39,321 Mil. Therefore, Asahi India Glass's annualized ROE % for the quarter that ended in Mar. 2026 was 13.48%.

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

NSE:ASAHIINDIA' s ROE % Range Over the Past 10 Years
Min: 9.71   Med: 15.71   Max: 21.53
Current: 10.04

During the past 13 years, Asahi India Glass's highest ROE % was 21.53%. The lowest was 9.71%. And the median was 15.71%.

NSE:ASAHIINDIA's ROE % is ranked better than
64.52% of 1305 companies
in the Vehicles & Parts industry
Industry Median: 6.64 vs NSE:ASAHIINDIA: 10.04

Asahi India Glass  (NSE:ASAHIINDIA) 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
=5299.2/39320.9
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5299.2 / 53018.8)*(53018.8 / 77722.5)*(77722.5 / 39320.9)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.99 %*0.6822*1.9766
=ROA %*Equity Multiplier
=6.82 %*1.9766
=13.48 %

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
=5299.2/39320.9
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (5299.2 / 7184.8) * (7184.8 / 8477.2) * (8477.2 / 53018.8) * (53018.8 / 77722.5) * (77722.5 / 39320.9)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7376 * 0.8475 * 15.99 % * 0.6822 * 1.9766
=13.48 %

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.


Asahi India Glass ROE % Related Terms


Asahi India Glass ROE % Historical Data

* Premium members only.

The historical data trend for Asahi India Glass'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.

Asahi India Glass ROE % Chart

Asahi India Glass Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.53 19.02 14.81 14.78 10.44

Asahi India Glass 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 13.85 8.42 6.11 10.75 13.48

NSE:ASAHIINDIA vs ORLY, AZO: ROE % Comparison

For the Auto Parts subindustry, Asahi India Glass'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.


Asahi India Glass ROE % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Asahi India Glass's ROE % distribution charts can be found below:

* The bar in red indicates where Asahi India Glass's ROE % falls into.


NSE:ASAHIINDIA
78GF Score
Asahi India Glass Ltd NSE:ASAHIINDIA
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Asahi India Glass ROE % Calculation

Asahi India Glass'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 )
=3447/( (26690+39320.9)/ 2 )
=3447/33005.45
=10.44 %

Asahi India Glass'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 )
=5299.2/( (0+39320.9)/ 1 )
=5299.2/39320.9
=13.48 %

* 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 13.48% mean?
Asahi India Glass (NSE:ASAHIINDIA) has a ROE % of 13.48% 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 Asahi India Glass and its competitors. This is 14% below median its historical median of 15.71. Over the past decade, Asahi India Glass' ROE % has ranged from 9.71 to 21.53. According to the industry distribution chart, Asahi India Glass ranks #463 out of 1305 companies in the Vehicles & Parts industry, placing it in the top 35.5%.
Is Asahi India Glass' ROE % too high?
Asahi India Glass' current ROE % of 13.48% is 14% below median its 10-year median of 15.71. Over the past 10 years, this metric has ranged from a low of 9.71 to a high of 21.53. The Vehicles & Parts industry median ROE % is 6.64. Asahi India Glass' value of 13.48% is 103% above this industry median. Based on the distribution chart, Asahi India Glass ranks #463 out of 1305 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Asahi India Glass has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asahi India Glass' ROE % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Asahi India Glass ranks #463 out of 1305 companies for ROE %. This puts Asahi India Glass in the upper half of its industry. The industry median ROE % is 6.64. Asahi India Glass' value of 13.48% is 103% above this benchmark. Historically, Asahi India Glass' own ROE % has ranged from 9.71 to 21.53 over the past decade. While the company's 10-year median is 15.71 vs. the industry median of 6.64, Asahi India Glass 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 6.64, based on 1,305 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. Asahi India Glass's current ROE % of 13.48% is 103% 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 Asahi India Glass and its competitors. For the Vehicles & Parts industry, the median ROE % is 6.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi India Glass's current ROE % is 13.48%, which is 14% below median its own 10-year median of 15.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi India Glass stock overvalued right now?
Based on GuruFocus' analysis, Asahi India Glass (NSE:ASAHIINDIA) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹746.93, compared to a current price of ₹914.90 — trading 22.5% above its estimated fair value. The current ROE % is 13.48%, which is 14% below median its 10-year median of 15.71 and 103% above the Vehicles & Parts industry median of 6.64. Asahi India Glass' overall GF Score™ is 78/100 with 5 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 Asahi India Glass (NSE:ASAHIINDIA), the current ROE % is 13.48% 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 Asahi India Glass (NSE:ASAHIINDIA) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi India Glass stock appears to be overvalued. The current stock price of ₹914.90 is trading 22.5% above its estimated GF Value™ of ₹746.93. GuruFocus considers Asahi India Glass to be Modestly Overvalued.

Key valuation signals for NSE:ASAHIINDIA:

  • ROE %: 13.48% (14% below median its 10-year median of 15.71)
  • GF Value™: ₹746.93 vs. price of ₹914.90 (22.5% above fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 103% above the Vehicles & Parts median (#463 of 1305)

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


Asahi India Glass Business Description

Other Exchanges 515030:India
Address Mehrauli - Gurgaon Road, Global Business Park, Tower-D, 3rd and 11th Floor, Gurugram, HR, IND, 122 002
Asahi India Glass Ltd is a manufacturer of glass products and solutions. The company offers automotive glass products, architectural glass products, windshield repair and replacement services in India, commercial and private-living glass solutions, glass integration and installation services, and special-purpose glass solutions such as noise-canceling windows, energy-saving windows, and safety glasses. The Group has three segments namely a) Automotive, b) Building and Construction (Architectural), and c) Consumer Glass. Asahi India Glass business segment by revenue, automotive glass products, produces various glass windshields and integrated products and solutions, such as rain-sensor windshields, heated windshields, and other related products.
78GF Score

Get the complete analysis for NSE:ASAHIINDIA

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

₹914.90
Price
₹746.93
GF Value