Banswara Syntex (NSE:BANSWRAS) ROE %: 7.86% (As of Mar. 2026) — Near Median


NSE:BANSWRAS Banswara Syntex Ltd NSE:BANSWRAS
71 GF Score
Price ₹131.79
GF Value ₹147.41
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Banswara Syntex ROE %?

Banswara Syntex NSE:BANSWRAS -1.02% 71 ROE % is 7.86% as of Mar. 2026, which is 9% above its 10-year median of 7.18. GuruFocus rates NSE:BANSWRAS with a GF Score™ of 71/100 and a GF Value™ of ₹147.41 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,023 Manufacturing - Apparel & Accessories companies, Banswara Syntex ranks better than 56.6% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Banswara Syntex's annualized net income for the quarter that ended in Mar. 2026 was ₹459 Mil. Banswara Syntex's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹5,849 Mil. Therefore, Banswara Syntex's annualized ROE % for the quarter that ended in Mar. 2026 was 7.86%.

The historical rank and industry rank for Banswara Syntex's ROE % or its related term are showing as below:

NSE:BANSWRAS' s ROE % Range Over the Past 10 Years
Min: 3.17   Med: 7.18   Max: 24.84
Current: 5.49

During the past 13 years, Banswara Syntex's highest ROE % was 24.84%. The lowest was 3.17%. And the median was 7.18%.

NSE:BANSWRAS's ROE % is ranked better than
56.6% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.04 vs NSE:BANSWRAS: 5.49

Banswara Syntex  (NSE:BANSWRAS) 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
=459.488/5849.016
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(459.488 / 14625.992)*(14625.992 / 12721.979)*(12721.979 / 5849.016)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.14 %*1.1497*2.1751
=ROA %*Equity Multiplier
=3.61 %*2.1751
=7.86 %

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
=459.488/5849.016
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (459.488 / 612.596) * (612.596 / 1195.044) * (1195.044 / 14625.992) * (14625.992 / 12721.979) * (12721.979 / 5849.016)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7501 * 0.5126 * 8.17 % * 1.1497 * 2.1751
=7.86 %

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.


Banswara Syntex ROE % Related Terms


Banswara Syntex ROE % Historical Data

* Premium members only.

The historical data trend for Banswara Syntex'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.

Banswara Syntex ROE % Chart

Banswara Syntex 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 12.07 24.84 6.81 4.05 5.45

Banswara Syntex 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 4.20 -0.98 5.04 9.97 7.86

Banswara Syntex ROE % Competitor Comparison

For the Textile Manufacturing subindustry, Banswara Syntex'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.


Banswara Syntex ROE % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Banswara Syntex's ROE % distribution charts can be found below:

* The bar in red indicates where Banswara Syntex's ROE % falls into.


NSE:BANSWRAS
71GF Score
Banswara Syntex Ltd NSE:BANSWRAS
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Banswara Syntex ROE % Calculation

Banswara Syntex'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 )
=312.005/( (5593.745+5849.016)/ 2 )
=312.005/5721.3805
=5.45 %

Banswara Syntex'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 )
=459.488/( (0+5849.016)/ 1 )
=459.488/5849.016
=7.86 %

* 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 7.86% mean?
Banswara Syntex (NSE:BANSWRAS) has a ROE % of 7.86% 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 Banswara Syntex and its competitors. This is near median its historical median of 7.18. Over the past decade, Banswara Syntex's ROE % has ranged from 3.17 to 24.84. According to the industry distribution chart, Banswara Syntex ranks #444 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 43.4%.
Is Banswara Syntex's ROE % too high?
Banswara Syntex's current ROE % of 7.86% is near median its 10-year median of 7.18. Over the past 10 years, this metric has ranged from a low of 3.17 to a high of 24.84. The Manufacturing - Apparel & Accessories industry median ROE % is 4.04. Banswara Syntex's value of 7.86% is 94.6% above this industry median. Based on the distribution chart, Banswara Syntex ranks #444 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Banswara Syntex has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Banswara Syntex's ROE % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Banswara Syntex ranks #444 out of 1023 companies for ROE %. This puts Banswara Syntex in the upper half of its industry. The industry median ROE % is 4.04. Banswara Syntex's value of 7.86% is 94.6% above this benchmark. Historically, Banswara Syntex's own ROE % has ranged from 3.17 to 24.84 over the past decade. While the company's 10-year median is 7.18 vs. the industry median of 4.04, Banswara Syntex 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 1,023 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. Banswara Syntex's current ROE % of 7.86% is 94.6% 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 Banswara Syntex 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. Banswara Syntex's current ROE % is 7.86%, which is near median its own 10-year median of 7.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banswara Syntex stock overvalued right now?
Based on GuruFocus' analysis, Banswara Syntex (NSE:BANSWRAS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹147.41, compared to a current price of ₹131.79 — trading 10.6% below its estimated fair value. The current ROE % is 7.86%, which is near median its 10-year median of 7.18 and 94.6% above the Manufacturing - Apparel & Accessories industry median of 4.04. Banswara Syntex's overall GF Score™ is 71/100 with 6 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 Banswara Syntex (NSE:BANSWRAS), the current ROE % is 7.86% 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 Banswara Syntex (NSE:BANSWRAS) Overvalued in 2026?

Based on GuruFocus' analysis, Banswara Syntex stock appears to be undervalued. The current stock price of ₹131.79 is trading 10.6% below its estimated GF Value™ of ₹147.41. GuruFocus considers Banswara Syntex to be Modestly Undervalued.

Key valuation signals for NSE:BANSWRAS:

  • ROE %: 7.86% (near median its 10-year median of 7.18)
  • GF Value™: ₹147.41 vs. price of ₹131.79 (10.6% below fair value)
  • GF Score™: 71/100 with 6 warning signs
  • Industry Position: 94.6% above the Manufacturing - Apparel & Accessories median (#444 of 1023)

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


Banswara Syntex Business Description

Other Exchanges 503722:India
Address 199, Princess Street, 4th/5th Floor, Gopal Bhawan, Mumbai, MH, IND, 400002
Banswara Syntex Ltd operates in the textile industry. The company's core business is the manufacturing and marketing of spun synthetic blended yarn, wool and wool mix yarn, spun synthetic and worsted fabrics, and cotton & linen fabrics, besides readymade garments. It also produces shirting and technical fabrics. The brands of the company include Uniqlo, Calvin Klein, Marks and Spencer, Next, and others.
71GF Score

Get the complete analysis for NSE:BANSWRAS

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

₹131.79
Price
₹147.41
GF Value