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Grover JewellsNSE:GJL -4.38%18 ROE % is 59.17% as of Mar. 2025, which is 38% above its 10-year median of 43.00. GuruFocus rates NSE:GJL with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 1,097 Retail - Cyclical companies, Grover Jewells ranks better than 95.62% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Grover Jewells's annualized net income for the quarter that ended in Mar. 2025 was ₹76 Mil. Grover Jewells's average Total Stockholders Equity over the quarter that ended in Mar. 2025 was ₹129 Mil. Therefore, Grover Jewells's annualized ROE % for the quarter that ended in Mar. 2025 was 59.17%.
The historical rank and industry rank for Grover Jewells's ROE % or its related term are showing as below:
NSE:GJL'
s ROE % Range Over the Past 10 Years
Min: 36.2 Med: 43 Max: 59.17
Current: 59.17
During the past 3 years, Grover Jewells's highest ROE % was 59.17%. The lowest was 36.20%. And the median was 43.00%.
NSE:GJL's ROE % is ranked better than 95.62% of 1097
companies
in the Retail - Cyclical industry
Industry Median: 6.49
vs NSE:GJL: 59.17
Grover Jewells (NSE:GJL) 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:
Note:
The net income data used here is one times the annual (Mar. 2025) net income data. The Revenue data used here is one times the annual (Mar. 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.
Grover Jewells ROE % Related Terms
Grover Jewells ROE % Historical Data
* Premium members only.
The historical data trend for Grover Jewells'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.
Grover Jewells ROE % Chart
Grover Jewells Annual Data
Trend
Mar23
Mar24
Mar25
ROE %
43.00
36.20
59.17
Grover Jewells Semi-Annual Data
Mar23
Mar24
Mar25
ROE %
43.00
36.20
59.17
NSE:GJL vs TPR: ROE % Comparison
For the Luxury Goods subindustry, Grover Jewells'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.
Grover Jewells ROE % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Grover Jewells's ROE % distribution charts can be found below:
* The bar in red indicates where Grover Jewells's ROE % falls into.
* 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 one times the annual (Mar. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Grover Jewells (NSE:GJL) has a ROE % of 59.17% as of Mar. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Grover Jewells and its competitors. This is 38% above median its historical median of 43.00. Over the past decade, Grover Jewells' ROE % has ranged from 36.20 to 59.17. According to the industry distribution chart, Grover Jewells ranks #48 out of 1097 companies in the Retail - Cyclical industry, placing it in the top 4.4%.
Is Grover Jewells' ROE % too high?
Grover Jewells' current ROE % of 59.17% is 38% above median its 10-year median of 43.00. Over the past 10 years, this metric has ranged from a low of 36.20 to a high of 59.17. The Retail - Cyclical industry median ROE % is 6.49. Grover Jewells' value of 59.17% is 811.7% above this industry median. Based on the distribution chart, Grover Jewells ranks #48 out of 1097 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Grover Jewells has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Grover Jewells' ROE % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Grover Jewells ranks #48 out of 1097 companies for ROE %. This places Grover Jewells in the top 4% of its industry — outperforming the majority of peers. The industry median ROE % is 6.49. Grover Jewells' value of 59.17% is 811.7% above this benchmark. Historically, Grover Jewells' own ROE % has ranged from 36.20 to 59.17 over the past decade. While the company's 10-year median is 43.00 vs. the industry median of 6.49, Grover Jewells 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 Retail - Cyclical company?
The median ROE % among Retail - Cyclical companies is 6.49, based on 1,097 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. Grover Jewells's current ROE % of 59.17% is 811.7% 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 Grover Jewells and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grover Jewells's current ROE % is 59.17%, which is 38% above median its own 10-year median of 43.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grover Jewells stock overvalued right now?
Grover Jewells (NSE:GJL) has a current ROE % of 59.17%. The current ROE % is 59.17%, which is 38% above median its 10-year median of 43.00 and 811.7% above the Retail - Cyclical industry median of 6.49. Grover Jewells' overall GF Score™ is 18/100 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 Grover Jewells (NSE:GJL), the current ROE % is 59.17% as of Mar. 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.
Grover Jewells Ltd specializes in the manufacturing and designing of a wide range of wholesale gold jewellery. Its collections include plain gold, studded, and semi-finished jewellery, mostly available in 22 Karat, 20 Karat, and 18 Karat. The company also sell hallmarked as well as non-hallmarked jewellery in its showrooms located at Karol Bagh, New Delhi and Chandni Chowk, Delhi. The company commenced its operations with a specialization in the large-scale manufacturing of gold chains, serving both wholesale and retail markets. By offering products across various styles and price segments, it is able to cater to a wide customer base while maintaining the highest standards of craftsmanship, reliability, and trust that form the cornerstone of its brand.
18GF Score
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