Ganesh Consumer Products (NSE:GANESHCP) ROE %: 10.30% (As of Mar. 2026) — 28% Below 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:GANESHCP Ganesh Consumer Products Ltd NSE:GANESHCP
16 GF Score
Price ₹178.47
! 2 Warning Signs
View Full Analysis

What is Ganesh Consumer Products ROE %?

Ganesh Consumer Products NSE:GANESHCP +3.23% 16 ROE % is 10.30% as of Mar. 2026, which is 28% below its 10-year median of 14.21. GuruFocus rates NSE:GANESHCP with a GF Score™ of 16/100. The stock has 2 warning signs investors should review. Among 1,923 Consumer Packaged Goods companies, Ganesh Consumer Products ranks better than 95.58% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Ganesh Consumer Products's annualized net income for the quarter that ended in Mar. 2026 was ₹381 Mil. Ganesh Consumer Products's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹3,705 Mil. Therefore, Ganesh Consumer Products's annualized ROE % for the quarter that ended in Mar. 2026 was 10.30%.

The historical rank and industry rank for Ganesh Consumer Products's ROE % or its related term are showing as below:

NSE:GANESHCP' s ROE % Range Over the Past 10 Years
Min: 12.68   Med: 14.21   Max: 44.32
Current: 44.32

During the past 5 years, Ganesh Consumer Products's highest ROE % was 44.32%. The lowest was 12.68%. And the median was 14.21%.

NSE:GANESHCP's ROE % is ranked better than
95.58% of 1923 companies
in the Consumer Packaged Goods industry
Industry Median: 6.8 vs NSE:GANESHCP: 44.32

Ganesh Consumer Products  (NSE:GANESHCP) 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
=381.456/3704.684
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(381.456 / 8721.796)*(8721.796 / 4509.251)*(4509.251 / 3704.684)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.37 %*1.9342*1.2172
=ROA %*Equity Multiplier
=8.45 %*1.2172
=10.30 %

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
=381.456/3704.684
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (381.456 / 514.036) * (514.036 / 454.72) * (454.72 / 8721.796) * (8721.796 / 4509.251) * (4509.251 / 3704.684)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7421 * 1.1304 * 5.21 % * 1.9342 * 1.2172
=10.30 %

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.


Ganesh Consumer Products ROE % Related Terms


Ganesh Consumer Products ROE % Historical Data

* Premium members only.

The historical data trend for Ganesh Consumer Products'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.

Ganesh Consumer Products ROE % Chart

Ganesh Consumer Products Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
15.30 14.21 12.68 15.81 14.19

Ganesh Consumer Products Quarterly Data
Mar22 Mar23 Mar24 Jun24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 8.06 14.95 132.50 10.30

NSE:GANESHCP vs KHC, GIS: ROE % Comparison

For the Packaged Foods subindustry, Ganesh Consumer Products'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.


Ganesh Consumer Products ROE % vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Ganesh Consumer Products's ROE % falls into.


NSE:GANESHCP
16GF Score
Ganesh Consumer Products Ltd NSE:GANESHCP
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ganesh Consumer Products ROE % Calculation

Ganesh Consumer Products'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 )
=423.86/( (2268.4+3704.684)/ 2 )
=423.86/2986.542
=14.19 %

Ganesh Consumer Products'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 )
=381.456/( (0+3704.684)/ 1 )
=381.456/3704.684
=10.30 %

* 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 10.30% mean?
Ganesh Consumer Products (NSE:GANESHCP) has a ROE % of 10.30% 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 Ganesh Consumer Products and its competitors. This is 28% below median its historical median of 14.21. Over the past decade, Ganesh Consumer Products' ROE % has ranged from 12.68 to 44.32. According to the industry distribution chart, Ganesh Consumer Products ranks #85 out of 1923 companies in the Consumer Packaged Goods industry, placing it in the top 4.4%.
Is Ganesh Consumer Products' ROE % too high?
Ganesh Consumer Products' current ROE % of 10.30% is 28% below median its 10-year median of 14.21. Over the past 10 years, this metric has ranged from a low of 12.68 to a high of 44.32. The Consumer Packaged Goods industry median ROE % is 6.80. Ganesh Consumer Products' value of 10.30% is 51.5% above this industry median. Based on the distribution chart, Ganesh Consumer Products ranks #85 out of 1923 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Ganesh Consumer Products has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Ganesh Consumer Products' ROE % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Ganesh Consumer Products ranks #85 out of 1923 companies for ROE %. This places Ganesh Consumer Products in the top 4% of its industry — outperforming the majority of peers. The industry median ROE % is 6.80. Ganesh Consumer Products' value of 10.30% is 51.5% above this benchmark. Historically, Ganesh Consumer Products' own ROE % has ranged from 12.68 to 44.32 over the past decade. While the company's 10-year median is 14.21 vs. the industry median of 6.80, Ganesh Consumer Products 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 6.80, based on 1,923 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. Ganesh Consumer Products's current ROE % of 10.30% is 51.5% 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 Ganesh Consumer Products and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ganesh Consumer Products's current ROE % is 10.30%, which is 28% below median its own 10-year median of 14.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ganesh Consumer Products stock overvalued right now?
Ganesh Consumer Products (NSE:GANESHCP) has a current ROE % of 10.30%. The current ROE % is 10.30%, which is 28% below median its 10-year median of 14.21 and 51.5% above the Consumer Packaged Goods industry median of 6.80. Ganesh Consumer Products' overall GF Score™ is 16/100 with 2 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 Ganesh Consumer Products (NSE:GANESHCP), the current ROE % is 10.30% 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.

Ganesh Consumer Products Business Description

Other Exchanges 544528:India
Address 83, Topsia Road South, Trinity Tower, 3rd Floor, Kolkata, WB, IND, 700 046
Ganesh Consumer Products Ltd is an FMCG company. It offer a range of consumer staples comprising of whole wheat flour (atta), wheat and gram-based valueadded flour products (including, refined wheat flour (maida), semolina flour (sooji), roasted gram flour (sattu), gram flour (besan), cracked wheat (dalia) amongst others) and other emerging food products including packaged instant food mixes (such as khaman dhokla and bela kachori), spices (whole, CTC powder (chilli, turmeric and coriander) and blended), ethnic snacks (such as (including bhujia and chanachur) and ethnic flours such as singhara flour, pearl millet (bajri) flour, etc. Its products are sold under its flagship brand Ganesh.
16GF Score

Get the complete analysis for NSE:GANESHCP

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

₹178.47
Price