Flysbs Aviation (NSE:FLYSBS) ROE %: 25.62% (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

NSE:FLYSBS Flysbs Aviation Ltd NSE:FLYSBS
21 GF Score
Price ₹455.50
! 3 Warning Signs
View Full Analysis

What is Flysbs Aviation ROE %?

Flysbs Aviation NSE:FLYSBS -1.24% 21 ROE % is 25.62% as of Mar. 2026, which is 7% below its 10-year median of 27.49. GuruFocus rates NSE:FLYSBS with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 985 Transportation companies, Flysbs Aviation ranks better than 89.75% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Flysbs Aviation's annualized net income for the quarter that ended in Mar. 2026 was ₹739 Mil. Flysbs Aviation's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹2,883 Mil. Therefore, Flysbs Aviation's annualized ROE % for the quarter that ended in Mar. 2026 was 25.62%.

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

NSE:FLYSBS' s ROE % Range Over the Past 10 Years
Min: 25.08   Med: 27.49   Max: 29.34
Current: 25.08

During the past 4 years, Flysbs Aviation's highest ROE % was 29.34%. The lowest was 25.08%. And the median was 27.49%.

NSE:FLYSBS's ROE % is ranked better than
89.75% of 985 companies
in the Transportation industry
Industry Median: 7.51 vs NSE:FLYSBS: 25.08

Flysbs Aviation  (NSE:FLYSBS) 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
=738.6/2882.725
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(738.6 / 3618.52)*(3618.52 / 3466.361)*(3466.361 / 2882.725)
=Net Margin %*Asset Turnover*Equity Multiplier
=20.41 %*1.0439*1.2025
=ROA %*Equity Multiplier
=21.31 %*1.2025
=25.62 %

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
=738.6/2882.725
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (738.6 / 990.498) * (990.498 / 755.264) * (755.264 / 3618.52) * (3618.52 / 3466.361) * (3466.361 / 2882.725)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7457 * 1.3115 * 20.87 % * 1.0439 * 1.2025
=25.62 %

Note: The net income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.


Flysbs Aviation ROE % Related Terms


Flysbs Aviation ROE % Historical Data

* Premium members only.

The historical data trend for Flysbs Aviation'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.

Flysbs Aviation ROE % Chart

Flysbs Aviation Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROE %
29.34 28.78 26.20 26.19

Flysbs Aviation Semi-Annual Data
Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
ROE % Get a 7-Day Free Trial 0.00 15.66 30.86 23.08 25.62

NSE:FLYSBS vs DAL, UAL, LUV: ROE % Comparison

For the Airlines subindustry, Flysbs Aviation'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.


Flysbs Aviation ROE % vs Transportation Industry

For the Transportation industry and Industrials sector, Flysbs Aviation's ROE % distribution charts can be found below:

* The bar in red indicates where Flysbs Aviation's ROE % falls into.


NSE:FLYSBS
21GF Score
Flysbs Aviation Ltd NSE:FLYSBS
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Flysbs Aviation ROE % Calculation

Flysbs Aviation'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 )
=607.734/( (1503.767+3136.826)/ 2 )
=607.734/2320.2965
=26.19 %

Flysbs Aviation's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=738.6/( (2628.624+3136.826)/ 2 )
=738.6/2882.725
=25.62 %

* 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 two times the semi-annual (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 25.62% mean?
Flysbs Aviation (NSE:FLYSBS) has a ROE % of 25.62% 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 Flysbs Aviation and its competitors. This is near median its historical median of 27.49. Over the past decade, Flysbs Aviation's ROE % has ranged from 25.08 to 29.34. According to the industry distribution chart, Flysbs Aviation ranks #101 out of 985 companies in the Transportation industry, placing it in the top 10.3%.
Is Flysbs Aviation's ROE % too high?
Flysbs Aviation's current ROE % of 25.62% is near median its 10-year median of 27.49. Over the past 10 years, this metric has ranged from a low of 25.08 to a high of 29.34. The Transportation industry median ROE % is 7.51. Flysbs Aviation's value of 25.62% is 241.1% above this industry median. Based on the distribution chart, Flysbs Aviation ranks #101 out of 985 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Flysbs Aviation has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Flysbs Aviation's ROE % compare to DAL and UAL?
According to the Transportation industry distribution chart, Flysbs Aviation ranks #101 out of 985 companies for ROE %. This places Flysbs Aviation in the top 10% of its industry — outperforming the majority of peers. The industry median ROE % is 7.51. Flysbs Aviation's value of 25.62% is 241.1% above this benchmark. Historically, Flysbs Aviation's own ROE % has ranged from 25.08 to 29.34 over the past decade. While the company's 10-year median is 27.49 vs. the industry median of 7.51, Flysbs Aviation 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 Transportation company?
The median ROE % among Transportation companies is 7.51, based on 985 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. Flysbs Aviation's current ROE % of 25.62% is 241.1% 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 Flysbs Aviation and its competitors. For the Transportation industry, the median ROE % is 7.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flysbs Aviation's current ROE % is 25.62%, which is near median its own 10-year median of 27.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flysbs Aviation stock overvalued right now?
Flysbs Aviation (NSE:FLYSBS) has a current ROE % of 25.62%. The current ROE % is 25.62%, which is near median its 10-year median of 27.49 and 241.1% above the Transportation industry median of 7.51. Flysbs Aviation's overall GF Score™ is 21/100 with 3 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 Flysbs Aviation (NSE:FLYSBS), the current ROE % is 25.62% 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.

Flysbs Aviation Business Description

Address SIDCO Industrial Estate, Plot no. 16 (NP), 3rd Floor, Indiqube Palmyra, Guindy Industrial Estate, Ekkatuthangal, Chennai, TN, IND, 600032
Flysbs Aviation Ltd is engaged in the business of providing private, non-scheduled air charter services from India, focusing on delivering seamless air travel solutions to elite clientele. Its customer base includes entrepreneurs, senior corporate executives, politicians, diplomats, celebrities, and other VIPs, all of whom require tailored services to meet their specific travel needs. The charter services cater to a range of specific travel needs, such as direct travel convenience, multi-destination within tight timeframes, or access to locations lacking commercial flight connectivity.
21GF Score

Get the complete analysis for NSE:FLYSBS

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

₹455.50
Price