Igarashi Motors India (NSE:IGARASHI) ROE %: 1.37% (As of Mar. 2026) — 76% Below Median


NSE:IGARASHI Igarashi Motors India Ltd NSE:IGARASHI
75 GF Score
Price ₹473.45
GF Value ₹641.22
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Igarashi Motors India ROE %?

Igarashi Motors India NSE:IGARASHI -1.70% 75 ROE % is 1.37% as of Mar. 2026, which is 76% below its 10-year median of 5.62. GuruFocus rates NSE:IGARASHI with a GF Score™ of 75/100 and a GF Value™ of ₹641.22 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,308 Vehicles & Parts companies, Igarashi Motors India ranks worse than 68.35% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Igarashi Motors India's annualized net income for the quarter that ended in Mar. 2026 was ₹64 Mil. Igarashi Motors India's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹4,666 Mil. Therefore, Igarashi Motors India's annualized ROE % for the quarter that ended in Mar. 2026 was 1.37%.

The historical rank and industry rank for Igarashi Motors India's ROE % or its related term are showing as below:

NSE:IGARASHI' s ROE % Range Over the Past 10 Years
Min: 0.27   Med: 5.62   Max: 24.94
Current: 2.61

During the past 13 years, Igarashi Motors India's highest ROE % was 24.94%. The lowest was 0.27%. And the median was 5.62%.

NSE:IGARASHI's ROE % is ranked worse than
68.35% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 6.62 vs NSE:IGARASHI: 2.61

Igarashi Motors India  (NSE:IGARASHI) 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
=63.796/4666.294
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(63.796 / 9038.748)*(9038.748 / 8342.932)*(8342.932 / 4666.294)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.71 %*1.0834*1.7879
=ROA %*Equity Multiplier
=0.77 %*1.7879
=1.37 %

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
=63.796/4666.294
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (63.796 / 110.192) * (110.192 / 179.416) * (179.416 / 9038.748) * (9038.748 / 8342.932) * (8342.932 / 4666.294)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.579 * 0.6142 * 1.98 % * 1.0834 * 1.7879
=1.37 %

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.


Igarashi Motors India ROE % Related Terms


Igarashi Motors India ROE % Historical Data

* Premium members only.

The historical data trend for Igarashi Motors India'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.

Igarashi Motors India ROE % Chart

Igarashi Motors India 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 0.27 1.19 2.16 5.30 2.61

Igarashi Motors India 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 2.63 2.16 3.91 3.02 1.37

NSE:IGARASHI vs ORLY, AZO: ROE % Comparison

For the Auto Parts subindustry, Igarashi Motors India'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.


Igarashi Motors India ROE % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Igarashi Motors India's ROE % distribution charts can be found below:

* The bar in red indicates where Igarashi Motors India's ROE % falls into.


NSE:IGARASHI
75GF Score
Igarashi Motors India Ltd NSE:IGARASHI
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Igarashi Motors India ROE % Calculation

Igarashi Motors India'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 )
=121.466/( (4655.512+4666.294)/ 2 )
=121.466/4660.903
=2.61 %

Igarashi Motors India'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 )
=63.796/( (0+4666.294)/ 1 )
=63.796/4666.294
=1.37 %

* 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 1.37% mean?
Igarashi Motors India (NSE:IGARASHI) has a ROE % of 1.37% 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 Igarashi Motors India and its competitors. This is 76% below median its historical median of 5.62. Over the past decade, Igarashi Motors India's ROE % has ranged from 0.27 to 24.94. According to the industry distribution chart, Igarashi Motors India ranks #894 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 68.3%.
Is Igarashi Motors India's ROE % too high?
Igarashi Motors India's current ROE % of 1.37% is 76% below median its 10-year median of 5.62. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 24.94. The Vehicles & Parts industry median ROE % is 6.62. Igarashi Motors India's value of 1.37% is 79.3% below this industry median. Based on the distribution chart, Igarashi Motors India ranks #894 out of 1308 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Igarashi Motors India has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Igarashi Motors India's ROE % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Igarashi Motors India ranks #894 out of 1308 companies for ROE %. This places Igarashi Motors India in the lower half of its industry. The industry median ROE % is 6.62. Igarashi Motors India's value of 1.37% is 79.3% below this benchmark. Historically, Igarashi Motors India's own ROE % has ranged from 0.27 to 24.94 over the past decade. While the company's 10-year median is 5.62 vs. the industry median of 6.62, Igarashi Motors India has consistently been below 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 Vehicles & Parts company?
The median ROE % among Vehicles & Parts companies is 6.62, based on 1,308 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. Igarashi Motors India's current ROE % of 1.37% is 79.3% below 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 Igarashi Motors India and its competitors. For the Vehicles & Parts industry, the median ROE % is 6.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Igarashi Motors India's current ROE % is 1.37%, which is 76% below median its own 10-year median of 5.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Igarashi Motors India stock overvalued right now?
Based on GuruFocus' analysis, Igarashi Motors India (NSE:IGARASHI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹641.22, compared to a current price of ₹473.45 — trading 26.2% below its estimated fair value. The current ROE % is 1.37%, which is 76% below median its 10-year median of 5.62 and 79.3% below the Vehicles & Parts industry median of 6.62. Igarashi Motors India's overall GF Score™ is 75/100 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 Igarashi Motors India (NSE:IGARASHI), the current ROE % is 1.37% 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 Igarashi Motors India (NSE:IGARASHI) Overvalued in 2026?

Based on GuruFocus' analysis, Igarashi Motors India stock appears to be undervalued. The current stock price of ₹473.45 is trading 26.2% below its estimated GF Value™ of ₹641.22. GuruFocus considers Igarashi Motors India to be Modestly Undervalued.

Key valuation signals for NSE:IGARASHI:

  • ROE %: 1.37% (76% below median its 10-year median of 5.62)
  • GF Value™: ₹641.22 vs. price of ₹473.45 (26.2% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 79.3% below the Vehicles & Parts median (#894 of 1308)

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


Igarashi Motors India Business Description

Other Exchanges 517380:India
Address Plot No. B-12 to B-15, Phase II, MEPZ - SEZ, Tambaram, Chennai, TN, IND, 600 045
Igarashi Motors India Ltd produces micro motors and their accessories mainly for the automotive sector. It is engaged in designing and manufacturing small, permanent magnet DC motors. It has operations in India, Korea, the USA, Europe, and China, and the rest of the world. The company drives the majority of its sales in India.
75GF Score

Get the complete analysis for NSE:IGARASHI

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

₹473.45
Price
₹641.22
GF Value