DCM Shriram Industries (NSE:DCMSRIND) ROE %: 17.45% (As of Mar. 2026) — 34% Above Median


NSE:DCMSRIND DCM Shriram Industries Ltd NSE:DCMSRIND
54 GF Score
Price ₹37.93
GF Value ₹3.40
Valuation Significantly Overvalued
! 6 Warning Signs
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What is DCM Shriram Industries ROE %?

DCM Shriram Industries NSE:DCMSRIND -0.97% 54 ROE % is 17.45% as of Mar. 2026, which is 34% above its 10-year median of 12.99. GuruFocus rates NSE:DCMSRIND with a GF Score™ of 54/100 and a GF Value™ of ₹3.40 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,915 Consumer Packaged Goods companies, DCM Shriram Industries ranks better than 53.84% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. DCM Shriram Industries's annualized net income for the quarter that ended in Mar. 2026 was ₹636 Mil. DCM Shriram Industries's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹3,648 Mil. Therefore, DCM Shriram Industries's annualized ROE % for the quarter that ended in Mar. 2026 was 17.45%.

The historical rank and industry rank for DCM Shriram Industries's ROE % or its related term are showing as below:

NSE:DCMSRIND' s ROE % Range Over the Past 10 Years
Min: 5.25   Med: 12.99   Max: 35.95
Current: 7.67

During the past 13 years, DCM Shriram Industries's highest ROE % was 35.95%. The lowest was 5.25%. And the median was 12.99%.

NSE:DCMSRIND's ROE % is ranked better than
53.84% of 1915 companies
in the Consumer Packaged Goods industry
Industry Median: 6.73 vs NSE:DCMSRIND: 7.67

DCM Shriram Industries  (NSE:DCMSRIND) 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
=636.4/3647.827
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(636.4 / 10878.4)*(10878.4 / 14190.003)*(14190.003 / 3647.827)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.85 %*0.7666*3.89
=ROA %*Equity Multiplier
=4.48 %*3.89
=17.45 %

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
=636.4/3647.827
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (636.4 / 990) * (990 / 1141.6) * (1141.6 / 10878.4) * (10878.4 / 14190.003) * (14190.003 / 3647.827)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6428 * 0.8672 * 10.49 % * 0.7666 * 3.89
=17.45 %

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.


DCM Shriram Industries ROE % Related Terms


DCM Shriram Industries ROE % Historical Data

* Premium members only.

The historical data trend for DCM Shriram Industries'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.

DCM Shriram Industries ROE % Chart

DCM Shriram Industries 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 10.28 8.66 15.07 5.25 11.90

DCM Shriram Industries 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 23.58 20.17 -1.37 5.06 17.45

NSE:DCMSRIND vs MDLZ, HSY, TR: ROE % Comparison

For the Confectioners subindustry, DCM Shriram Industries'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.


DCM Shriram Industries ROE % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, DCM Shriram Industries's ROE % distribution charts can be found below:

* The bar in red indicates where DCM Shriram Industries's ROE % falls into.


NSE:DCMSRIND
54GF Score
DCM Shriram Industries Ltd NSE:DCMSRIND
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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DCM Shriram Industries ROE % Calculation

DCM Shriram Industries'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 )
=416.144/( (3345.652+3647.827)/ 2 )
=416.144/3496.7395
=11.90 %

DCM Shriram Industries'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 )
=636.4/( (0+3647.827)/ 1 )
=636.4/3647.827
=17.45 %

* 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 17.45% mean?
DCM Shriram Industries (NSE:DCMSRIND) has a ROE % of 17.45% 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 DCM Shriram Industries and its competitors. This is 34% above median its historical median of 12.99. Over the past decade, DCM Shriram Industries' ROE % has ranged from 5.25 to 35.95. According to the industry distribution chart, DCM Shriram Industries ranks #884 out of 1915 companies in the Consumer Packaged Goods industry, placing it in the top 46.2%.
Is DCM Shriram Industries' ROE % too high?
DCM Shriram Industries' current ROE % of 17.45% is 34% above median its 10-year median of 12.99. Over the past 10 years, this metric has ranged from a low of 5.25 to a high of 35.95. The Consumer Packaged Goods industry median ROE % is 6.73. DCM Shriram Industries' value of 17.45% is 159.3% above this industry median. Based on the distribution chart, DCM Shriram Industries ranks #884 out of 1915 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, DCM Shriram Industries has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DCM Shriram Industries' ROE % compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, DCM Shriram Industries ranks #884 out of 1915 companies for ROE %. This puts DCM Shriram Industries in the upper half of its industry. The industry median ROE % is 6.73. DCM Shriram Industries' value of 17.45% is 159.3% above this benchmark. Historically, DCM Shriram Industries' own ROE % has ranged from 5.25 to 35.95 over the past decade. While the company's 10-year median is 12.99 vs. the industry median of 6.73, DCM Shriram Industries 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 Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.73, based on 1,915 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. DCM Shriram Industries's current ROE % of 17.45% is 159.3% 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 DCM Shriram Industries and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DCM Shriram Industries's current ROE % is 17.45%, which is 34% above median its own 10-year median of 12.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DCM Shriram Industries stock overvalued right now?
Based on GuruFocus' analysis, DCM Shriram Industries (NSE:DCMSRIND) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3.40, compared to a current price of ₹37.93 — trading 1015.6% above its estimated fair value. The current ROE % is 17.45%, which is 34% above median its 10-year median of 12.99 and 159.3% above the Consumer Packaged Goods industry median of 6.73. DCM Shriram Industries' overall GF Score™ is 54/100 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 DCM Shriram Industries (NSE:DCMSRIND), the current ROE % is 17.45% 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 DCM Shriram Industries (NSE:DCMSRIND) Overvalued in 2026?

Based on GuruFocus' analysis, DCM Shriram Industries stock appears to be overvalued. The current stock price of ₹37.93 is trading 1015.6% above its estimated GF Value™ of ₹3.40. GuruFocus considers DCM Shriram Industries to be Significantly Overvalued.

Key valuation signals for NSE:DCMSRIND:

  • ROE %: 17.45% (34% above median its 10-year median of 12.99)
  • GF Value™: ₹3.40 vs. price of ₹37.93 (1015.6% above fair value)
  • GF Score™: 54/100 with 6 warning signs
  • Industry Position: 159.3% above the Consumer Packaged Goods median (#884 of 1915)

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


DCM Shriram Industries Business Description

Other Exchanges 523369:India
Address 18, Barakhamba Road, 5th Floor, Kanchenjunga Building, New Delhi, IND, 110001
DCM Shriram Industries Ltd is engaged in the production and sale of sugar, alcohol, power, chemicals, and industrial fibers. The group's reportable operating segments include Sugar, Industrial fibres and related products, and Chemicals. The majority of its revenue is generated from the Sugar segment, which comprises sugar, power, and alcohols. The Industrial fibers and related products segment comprises rayon, synthetic yarn, cord, fabric, and others, and the Chemicals segment comprises organics and fine chemicals. Geographically, the group derives a majority of its revenue from India and also has a presence in Europe, China, and the Rest of the World.
54GF Score

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

₹37.93
Price
₹3.40
GF Value