Indogulf Cropsciences (NSE:IGCL) ROE %: 10.11% (As of Mar. 2026) — 22% Below Median


NSE:IGCL Indogulf Cropsciences Ltd NSE:IGCL
16 GF Score
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What is Indogulf Cropsciences ROE %?

Indogulf Cropsciences NSE:IGCL -3.40% 16 ROE % is 10.11% as of Mar. 2026, which is 22% below its 10-year median of 12.98. GuruFocus rates NSE:IGCL with a GF Score™ of 16/100. The stock has 4 warning signs investors should review. Among 254 Agriculture companies, Indogulf Cropsciences ranks better than 53.54% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Indogulf Cropsciences's annualized net income for the quarter that ended in Mar. 2026 was ₹464 Mil. Indogulf Cropsciences's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹4,593 Mil. Therefore, Indogulf Cropsciences's annualized ROE % for the quarter that ended in Mar. 2026 was 10.11%.

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

NSE:IGCL' s ROE % Range Over the Past 10 Years
Min: 8.04   Med: 12.98   Max: 14.6
Current: 8.04

During the past 5 years, Indogulf Cropsciences's highest ROE % was 14.60%. The lowest was 8.04%. And the median was 12.98%.

NSE:IGCL's ROE % is ranked better than
53.54% of 254 companies
in the Agriculture industry
Industry Median: 6.71 vs NSE:IGCL: 8.04

Indogulf Cropsciences  (NSE:IGCL) 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
=464.48/4593.41
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(464.48 / 6032.72)*(6032.72 / 8233.89)*(8233.89 / 4593.41)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.7 %*0.7327*1.7925
=ROA %*Equity Multiplier
=5.64 %*1.7925
=10.11 %

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
=464.48/4593.41
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (464.48 / 557.36) * (557.36 / 667.84) * (667.84 / 6032.72) * (6032.72 / 8233.89) * (8233.89 / 4593.41)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8334 * 0.8346 * 11.07 % * 0.7327 * 1.7925
=10.11 %

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.


Indogulf Cropsciences ROE % Related Terms


Indogulf Cropsciences ROE % Historical Data

* Premium members only.

The historical data trend for Indogulf Cropsciences'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.

Indogulf Cropsciences ROE % Chart

Indogulf Cropsciences Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
14.60 11.69 12.98 13.59 8.71

Indogulf Cropsciences Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only 5.51 14.76 18.80 3.51 10.11

NSE:IGCL vs CTVA, CF: ROE % Comparison

For the Agricultural Inputs subindustry, Indogulf Cropsciences'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.


Indogulf Cropsciences ROE % vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Indogulf Cropsciences's ROE % distribution charts can be found below:

* The bar in red indicates where Indogulf Cropsciences's ROE % falls into.


NSE:IGCL
16GF Score
Indogulf Cropsciences Ltd NSE:IGCL
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Indogulf Cropsciences ROE % Calculation

Indogulf Cropsciences'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 )
=400.27/( (0+4593.41)/ 1 )
=400.27/4593.41
=8.71 %

Indogulf Cropsciences'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 )
=464.48/( (0+4593.41)/ 1 )
=464.48/4593.41
=10.11 %

* 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 10.11% mean?
Indogulf Cropsciences (NSE:IGCL) has a ROE % of 10.11% 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 Indogulf Cropsciences and its competitors. This is 22% below median its historical median of 12.98. Over the past decade, Indogulf Cropsciences' ROE % has ranged from 8.04 to 14.60. According to the industry distribution chart, Indogulf Cropsciences ranks #118 out of 254 companies in the Agriculture industry, placing it in the top 46.5%.
Is Indogulf Cropsciences' ROE % too high?
Indogulf Cropsciences' current ROE % of 10.11% is 22% below median its 10-year median of 12.98. Over the past 10 years, this metric has ranged from a low of 8.04 to a high of 14.60. The Agriculture industry median ROE % is 6.71. Indogulf Cropsciences' value of 10.11% is 50.7% above this industry median. Based on the distribution chart, Indogulf Cropsciences ranks #118 out of 254 companies in the Agriculture industry, which is above the industry midpoint. Overall, Indogulf Cropsciences has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Indogulf Cropsciences' ROE % compare to CTVA and CF?
According to the Agriculture industry distribution chart, Indogulf Cropsciences ranks #118 out of 254 companies for ROE %. This puts Indogulf Cropsciences in the upper half of its industry. The industry median ROE % is 6.71. Indogulf Cropsciences' value of 10.11% is 50.7% above this benchmark. Historically, Indogulf Cropsciences' own ROE % has ranged from 8.04 to 14.60 over the past decade. While the company's 10-year median is 12.98 vs. the industry median of 6.71, Indogulf Cropsciences 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 an Agriculture company?
The median ROE % among Agriculture companies is 6.71, based on 254 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. Indogulf Cropsciences's current ROE % of 10.11% is 50.7% 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 Indogulf Cropsciences and its competitors. For the Agriculture industry, the median ROE % is 6.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indogulf Cropsciences's current ROE % is 10.11%, which is 22% below median its own 10-year median of 12.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indogulf Cropsciences stock overvalued right now?
Indogulf Cropsciences (NSE:IGCL) has a current ROE % of 10.11%. The current ROE % is 10.11%, which is 22% below median its 10-year median of 12.98 and 50.7% above the Agriculture industry median of 6.71. Indogulf Cropsciences' overall GF Score™ is 16/100 with 4 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 Indogulf Cropsciences (NSE:IGCL), the current ROE % is 10.11% 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.

Indogulf Cropsciences Business Description

Other Exchanges 544432:India
Address Netaji Subhash Place, 501, Gopal Heights Plot No - D-9, New Delhi, IND, 110034
Indogulf Cropsciences Ltd is engaged in the manufacturing and trading activities of Agro chemicals, viz. Micro Nutrients, Pesticides, Fertilizers, etc, for agricultural purposes. Its products are Crop Protection, Biostimulant, Plant Supplements, Adjuvants, Technical & Formulations, and Public Health & Veterinary.
16GF Score

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