GSM Foils (NSE:GSMFOILS) ROE %: 33.73% (As of Mar. 2026) — 103% Above Median


NSE:GSMFOILS GSM Foils Ltd NSE:GSMFOILS
42 GF Score
Price ₹228.90
! 6 Warning Signs
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What is GSM Foils ROE %?

GSM Foils NSE:GSMFOILS -1.76% 42 ROE % is 33.73% as of Mar. 2026, which is 103% above its 10-year median of 16.62. GuruFocus rates NSE:GSMFOILS with a GF Score™ of 42/100. The stock has 6 warning signs investors should review. Among 797 Medical Devices & Instruments companies, GSM Foils ranks better than 97.37% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. GSM Foils's annualized net income for the quarter that ended in Mar. 2026 was ₹251 Mil. GSM Foils's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹745 Mil. Therefore, GSM Foils's annualized ROE % for the quarter that ended in Mar. 2026 was 33.73%.

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

NSE:GSMFOILS' s ROE % Range Over the Past 10 Years
Min: 5.16   Med: 16.62   Max: 45.66
Current: 35.41

During the past 6 years, GSM Foils's highest ROE % was 45.66%. The lowest was 5.16%. And the median was 16.62%.

NSE:GSMFOILS's ROE % is ranked better than
97.37% of 797 companies
in the Medical Devices & Instruments industry
Industry Median: 2.4 vs NSE:GSMFOILS: 35.41

GSM Foils  (NSE:GSMFOILS) 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
=251.176/744.63
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(251.176 / 3267.576)*(3267.576 / 1650.334)*(1650.334 / 744.63)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.69 %*1.9799*2.2163
=ROA %*Equity Multiplier
=15.23 %*2.2163
=33.73 %

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
=251.176/744.63
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (251.176 / 337.816) * (337.816 / 370.736) * (370.736 / 3267.576) * (3267.576 / 1650.334) * (1650.334 / 744.63)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7435 * 0.9112 * 11.35 % * 1.9799 * 2.2163
=33.73 %

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.


GSM Foils ROE % Related Terms


GSM Foils ROE % Historical Data

* Premium members only.

The historical data trend for GSM Foils'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.

GSM Foils ROE % Chart

GSM Foils Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial 9.67 19.13 14.11 45.66 37.53

GSM Foils Quarterly Data
Mar21 Mar22 Mar23 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 43.78 49.06 28.19 34.20 33.73

NSE:GSMFOILS vs ISRG, BDX, MDLN: ROE % Comparison

For the Medical Instruments & Supplies subindustry, GSM Foils'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.


GSM Foils ROE % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, GSM Foils's ROE % distribution charts can be found below:

* The bar in red indicates where GSM Foils's ROE % falls into.


NSE:GSMFOILS
42GF Score
GSM Foils Ltd NSE:GSMFOILS
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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GSM Foils ROE % Calculation

GSM Foils'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 )
=198.37/( (312.425+744.63)/ 2 )
=198.37/528.5275
=37.53 %

GSM Foils'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 )
=251.176/( (0+744.63)/ 1 )
=251.176/744.63
=33.73 %

* 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 33.73% mean?
GSM Foils (NSE:GSMFOILS) has a ROE % of 33.73% 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 GSM Foils and its competitors. This is 103% above median its historical median of 16.62. Over the past decade, GSM Foils' ROE % has ranged from 5.16 to 45.66. According to the industry distribution chart, GSM Foils ranks #21 out of 797 companies in the Medical Devices & Instruments industry, placing it in the top 2.6%.
Is GSM Foils' ROE % too high?
GSM Foils' current ROE % of 33.73% is 103% above median its 10-year median of 16.62. Over the past 10 years, this metric has ranged from a low of 5.16 to a high of 45.66. The Medical Devices & Instruments industry median ROE % is 2.40. GSM Foils' value of 33.73% is 1305.4% above this industry median. Based on the distribution chart, GSM Foils ranks #21 out of 797 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, GSM Foils has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does GSM Foils' ROE % compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, GSM Foils ranks #21 out of 797 companies for ROE %. This places GSM Foils in the top 3% of its industry — outperforming the majority of peers. The industry median ROE % is 2.40. GSM Foils' value of 33.73% is 1305.4% above this benchmark. Historically, GSM Foils' own ROE % has ranged from 5.16 to 45.66 over the past decade. While the company's 10-year median is 16.62 vs. the industry median of 2.40, GSM Foils 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 Medical Devices & Instruments company?
The median ROE % among Medical Devices & Instruments companies is 2.40, based on 797 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. GSM Foils's current ROE % of 33.73% is 1305.4% 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 GSM Foils and its competitors. For the Medical Devices & Instruments industry, the median ROE % is 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GSM Foils's current ROE % is 33.73%, which is 103% above median its own 10-year median of 16.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GSM Foils stock overvalued right now?
GSM Foils (NSE:GSMFOILS) has a current ROE % of 33.73%. The current ROE % is 33.73%, which is 103% above median its 10-year median of 16.62 and 1305.4% above the Medical Devices & Instruments industry median of 2.40. GSM Foils' overall GF Score™ is 42/100 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 GSM Foils (NSE:GSMFOILS), the current ROE % is 33.73% 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.

GSM Foils Business Description

Address Gala No 06, 106, 206, 306, Sapphire Building, Diamond Industrial Estate, Vasai East IE, Thane, MH, IND, 401208
GSM Foils Ltd is engaged in the business of manufacturing Blister Foils and Aluminium Pharma Foils (also known as Strip Foils) which is used in packing of pharmaceutical medicines which includes capsules and tablets both. It products includes plain and printed aluminum foils and strip foils along with alu alu base foils and it ranges from 0.020/ 0.025/ 0.030/ 0.040 micron for coated /ploy laminated/ blister/ strip printed foils. Aluminium Foil or Strip Foils are one of the packaging options for highly sensitive pharmaceutical products that protects the medicines from oxygen, moisture, and other environmental influences. Blister Foils are commonly used as unit-dose packaging for pharmaceutical tablets.
42GF Score

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