Gayatri Projects (NSE:GAYAPROJ) ROE %: -73.16% (As of Mar. 2026)


NSE:GAYAPROJ Gayatri Projects Ltd NSE:GAYAPROJ
41 GF Score
Price ₹21.36
GF Value ₹12.09
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Gayatri Projects ROE %?

Gayatri Projects NSE:GAYAPROJ -1.75% 41 ROE % is -73.16% as of Mar. 2026. GuruFocus rates NSE:GAYAPROJ with a GF Score™ of 41/100 and a GF Value™ of ₹12.09 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,737 Construction companies, Gayatri Projects ranks better than 99.94% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Gayatri Projects's annualized net income for the quarter that ended in Mar. 2026 was ₹-4,440 Mil. Gayatri Projects's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹6,069 Mil. Therefore, Gayatri Projects's annualized ROE % for the quarter that ended in Mar. 2026 was -73.16%.

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

NSE:GAYAPROJ' s ROE % Range Over the Past 10 Years
Min: -202.07   Med: -1.31   Max: 14.66
Current: Negative Equity

During the past 13 years, Gayatri Projects's highest ROE % was 14.66%. The lowest was -202.07%. And the median was -1.31%.

NSE:GAYAPROJ's ROE % is ranked better than
99.94% of 1737 companies
in the Construction industry
Industry Median: 6.72 vs NSE:GAYAPROJ: Negative Equity

Gayatri Projects  (NSE:GAYAPROJ) 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
=-4440.068/6068.787
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-4440.068 / 7653.484)*(7653.484 / 21148.724)*(21148.724 / 6068.787)
=Net Margin %*Asset Turnover*Equity Multiplier
=-58.01 %*0.3619*3.4848
=ROA %*Equity Multiplier
=-20.99 %*3.4848
=-73.16 %

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
=-4440.068/6068.787
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-4440.068 / -3952.008) * (-3952.008 / 558.68) * (558.68 / 7653.484) * (7653.484 / 21148.724) * (21148.724 / 6068.787)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.1235 * -7.0738 * 7.3 % * 0.3619 * 3.4848
=-73.16 %

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.


Gayatri Projects ROE % Related Terms


Gayatri Projects ROE % Historical Data

* Premium members only.

The historical data trend for Gayatri Projects'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.

Gayatri Projects ROE % Chart

Gayatri Projects 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 -202.07 0.00 Negative Equity Negative Equity Negative Equity

Gayatri Projects 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 Negative Equity 0.00 0.00 Negative Equity -73.16

NSE:GAYAPROJ vs PWR, FIX, EME: ROE % Comparison

For the Engineering & Construction subindustry, Gayatri Projects'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.


Gayatri Projects ROE % vs Construction Industry

For the Construction industry and Industrials sector, Gayatri Projects's ROE % distribution charts can be found below:

* The bar in red indicates where Gayatri Projects's ROE % falls into.


NSE:GAYAPROJ
41GF Score
Gayatri Projects Ltd NSE:GAYAPROJ
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gayatri Projects ROE % Calculation

Gayatri Projects'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 )
=20421.23/( (-14366.129+6068.787)/ 2 )
=20421.23/-4148.671
=Negative Equity %

Gayatri Projects'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 )
=-4440.068/( (0+6068.787)/ 1 )
=-4440.068/6068.787
=-73.16 %

* 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 -73.16% mean?
Gayatri Projects (NSE:GAYAPROJ) has a ROE % of -73.16% 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 Gayatri Projects and its competitors. According to the industry distribution chart, Gayatri Projects ranks #1 out of 1737 companies in the Construction industry, placing it in the top 0.099999999999994%.
Is Gayatri Projects' ROE % too high?
Gayatri Projects' current ROE % is -73.16%. Based on the distribution chart, Gayatri Projects ranks #1 out of 1737 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Gayatri Projects has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gayatri Projects' ROE % compare to PWR and FIX?
According to the Construction industry distribution chart, Gayatri Projects ranks #1 out of 1737 companies for ROE %. This places Gayatri Projects in the top 0% of its industry — outperforming the majority of peers. The industry median ROE % is 6.72. 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 Construction company?
The median ROE % among Construction companies is 6.72, based on 1,737 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 Gayatri Projects and its competitors. For the Construction industry, the median ROE % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gayatri Projects's current ROE % is -73.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gayatri Projects stock overvalued right now?
Based on GuruFocus' analysis, Gayatri Projects (NSE:GAYAPROJ) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹12.09, compared to a current price of ₹21.36 — trading 76.7% above its estimated fair value. The current ROE % is -73.16%. Gayatri Projects' overall GF Score™ is 41/100 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 Gayatri Projects (NSE:GAYAPROJ), the current ROE % is -73.16% 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 Gayatri Projects (NSE:GAYAPROJ) Overvalued in 2026?

Based on GuruFocus' analysis, Gayatri Projects stock appears to be overvalued. The current stock price of ₹21.36 is trading 76.7% above its estimated GF Value™ of ₹12.09. GuruFocus considers Gayatri Projects to be Significantly Overvalued.

Key valuation signals for NSE:GAYAPROJ:

  • ROE %: -73.16%
  • GF Value™: ₹12.09 vs. price of ₹21.36 (76.7% above fair value)
  • GF Score™: 41/100 with 6 warning signs

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


Gayatri Projects Business Description

Other Exchanges 532767:India
Address B-1, 6-3-1090, Raj Bhavan Road, TSR Towers, Somajiguda, Hyderabad, TG, IND, 500082
Gayatri Projects Ltd is an Indian infrastructure company. Its operations predominantly consist of construction and project activities. It executes works in several high-growth sectors within the infrastructure space, such as roads, irrigation, rail, airport development, power, mining, and industrial works. The company also has a presence in EPC (Engineering Procurement and Construction) construction of roads. It generates revenue from construction and contract activities.
41GF Score

Get the complete analysis for NSE:GAYAPROJ

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

₹21.36
Price
₹12.09
GF Value