Dharan Infra-EPC (NSE:DHARAN) ROE %: -1.77% (As of Sep. 2025)


NSE:DHARAN Dharan Infra-EPC Ltd NSE:DHARAN
42 GF Score
Price ₹0.16
GF Value ₹0.03
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Dharan Infra-EPC ROE %?

Dharan Infra-EPC NSE:DHARAN 42 ROE % is -1.77% as of Sep. 2025. GuruFocus rates NSE:DHARAN with a GF Score™ of 42/100 and a GF Value™ of ₹0.03 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,731 Real Estate companies, Dharan Infra-EPC ranks worse than 79.2% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Dharan Infra-EPC's annualized net income for the quarter that ended in Sep. 2025 was ₹-167.69 Mil. Dharan Infra-EPC's average Total Stockholders Equity over the quarter that ended in Sep. 2025 was ₹9,462.96 Mil. Therefore, Dharan Infra-EPC's annualized ROE % for the quarter that ended in Sep. 2025 was -1.77%.

The historical rank and industry rank for Dharan Infra-EPC's ROE % or its related term are showing as below:

NSE:DHARAN' s ROE % Range Over the Past 10 Years
Min: -4.28   Med: 13.38   Max: 32.85
Current: -3.87

During the past 13 years, Dharan Infra-EPC's highest ROE % was 32.85%. The lowest was -4.28%. And the median was 13.38%.

NSE:DHARAN's ROE % is ranked worse than
79.2% of 1731 companies
in the Real Estate industry
Industry Median: 4 vs NSE:DHARAN: -3.87

Dharan Infra-EPC  (NSE:DHARAN) 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: Sep. 2025 )
=Net Income/Total Stockholders Equity
=-167.688/9462.96
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-167.688 / 139.86)*(139.86 / 12108.318)*(12108.318 / 9462.96)
=Net Margin %*Asset Turnover*Equity Multiplier
=-119.9 %*0.0116*1.2795
=ROA %*Equity Multiplier
=-1.39 %*1.2795
=-1.77 %

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: Sep. 2025 )
=Net Income/Total Stockholders Equity
=-167.688/9462.96
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-167.688 / -167.496) * (-167.496 / -60.508) * (-60.508 / 139.86) * (139.86 / 12108.318) * (12108.318 / 9462.96)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0011 * 2.7682 * -43.26 % * 0.0116 * 1.2795
=-1.77 %

Note: The net income data used here is four times the quarterly (Sep. 2025) net income data. The Revenue data used here is four times the quarterly (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.


Dharan Infra-EPC ROE % Related Terms


Dharan Infra-EPC ROE % Historical Data

* Premium members only.

The historical data trend for Dharan Infra-EPC'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.

Dharan Infra-EPC ROE % Chart

Dharan Infra-EPC Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.91 13.14 -0.66 -3.97 -4.28

Dharan Infra-EPC Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 -0.19 -9.00 -1.12 -3.79 -1.77

Dharan Infra-EPC ROE % Competitor Comparison

For the Real Estate - Development subindustry, Dharan Infra-EPC'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.


Dharan Infra-EPC ROE % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Dharan Infra-EPC's ROE % distribution charts can be found below:

* The bar in red indicates where Dharan Infra-EPC's ROE % falls into.


NSE:DHARAN
42GF Score
Dharan Infra-EPC Ltd NSE:DHARAN
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Dharan Infra-EPC ROE % Calculation

Dharan Infra-EPC's annualized ROE % for the fiscal year that ended in Mar. 2025 is calculated as

ROE %=Net Income (A: Mar. 2025 )/( (Total Stockholders Equity (A: Mar. 2024 )+Total Stockholders Equity (A: Mar. 2025 ))/ count )
=-383.375/( (9099.161+8814.838)/ 2 )
=-383.375/8956.9995
=-4.28 %

Dharan Infra-EPC's annualized ROE % for the quarter that ended in Sep. 2025 is calculated as

ROE %=Net Income (Q: Sep. 2025 )/( (Total Stockholders Equity (Q: Jun. 2025 )+Total Stockholders Equity (Q: Sep. 2025 ))/ count )
=-167.688/( (0+9462.96)/ 1 )
=-167.688/9462.96
=-1.77 %

* 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 (Sep. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -1.77% mean?
Dharan Infra-EPC (NSE:DHARAN) has a ROE % of -1.77% 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 Dharan Infra-EPC and its competitors. According to the industry distribution chart, Dharan Infra-EPC ranks #1371 out of 1731 companies in the Real Estate industry, placing it in the top 79.2%.
Is Dharan Infra-EPC's ROE % too high?
Dharan Infra-EPC's current ROE % is -1.77%. Based on the distribution chart, Dharan Infra-EPC ranks #1371 out of 1731 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Dharan Infra-EPC has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dharan Infra-EPC's ROE % compare to competitors?
According to the Real Estate industry distribution chart, Dharan Infra-EPC ranks #1371 out of 1731 companies for ROE %. This places Dharan Infra-EPC in the lower half of its industry. The industry median ROE % is 4.00. 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 Real Estate company?
The median ROE % among Real Estate companies is 4.00, based on 1,731 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. 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 Dharan Infra-EPC and its competitors. For the Real Estate industry, the median ROE % is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dharan Infra-EPC's current ROE % is -1.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dharan Infra-EPC stock overvalued right now?
Based on GuruFocus' analysis, Dharan Infra-EPC (NSE:DHARAN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.03, compared to a current price of ₹0.16 — trading 433.3% above its estimated fair value. The current ROE % is -1.77%. Dharan Infra-EPC's overall GF Score™ is 42/100 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 Dharan Infra-EPC (NSE:DHARAN), the current ROE % is -1.77% 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.

Is Dharan Infra-EPC (NSE:DHARAN) Overvalued in 2026?

Based on GuruFocus' analysis, Dharan Infra-EPC stock appears to be overvalued. The current stock price of ₹0.16 is trading 433.3% above its estimated GF Value™ of ₹0.03. GuruFocus considers Dharan Infra-EPC to be Significantly Overvalued.

Key valuation signals for NSE:DHARAN:

  • ROE %: -1.77%
  • GF Value™: ₹0.03 vs. price of ₹0.16 (433.3% above fair value)
  • GF Score™: 42/100 with 5 warning signs

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


Dharan Infra-EPC Business Description

Other Exchanges 541161:India
Address Tilak Road, Nashik Road, Saikrupa Complex, Muktidham, Nashik, MH, IND, 422 101
Dharan Infra-EPC Ltd is a real estate development company engaged in the development of residential real estate projects and execution of construction contracts. The Company's projects include Hari Kunj Mayflower, Hari Krishna Phase IV, and Hari Aakruti Phase II. Its operating business segments comprise the Development of Real Estate Property segment, the Civil Contracting Business segment, and the Investment segment, with the majority of revenue derived from the Real Estate segment. The Company operates within India.
42GF Score

Get the complete analysis for NSE:DHARAN

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

₹0.16
Price
₹0.03
GF Value