Indo MIM (NSE:INDOMIM) ROE %: 21.26% (As of Mar. 2026) — Near Median

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NSE:INDOMIM Indo MIM Ltd NSE:INDOMIM
17 GF Score
Price ₹868.05
! 1 Warning Sign
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What is Indo MIM ROE %?

Indo MIM NSE:INDOMIM -1.08% 17 ROE % is 21.26% as of Mar. 2026, which is 3% above its 10-year median of 20.60. GuruFocus rates NSE:INDOMIM with a GF Score™ of 17/100. The stock has 1 warning sign investors should review. Among 3,016 Industrial Products companies, Indo MIM ranks better than 89.62% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Indo MIM's annualized net income for the quarter that ended in Mar. 2026 was ₹5,335 Mil. Indo MIM's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹25,095 Mil. Therefore, Indo MIM's annualized ROE % for the quarter that ended in Mar. 2026 was 21.26%.

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

NSE:INDOMIM' s ROE % Range Over the Past 10 Years
Min: 14.01   Med: 20.6   Max: 23.14
Current: 21.26

During the past 4 years, Indo MIM's highest ROE % was 23.14%. The lowest was 14.01%. And the median was 20.60%.

NSE:INDOMIM's ROE % is ranked better than
89.62% of 3016 companies
in the Industrial Products industry
Industry Median: 6.235 vs NSE:INDOMIM: 21.26

Indo MIM  (NSE:INDOMIM) 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
=5335.43/25094.94
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5335.43 / 41410.56)*(41410.56 / 45190.87)*(45190.87 / 25094.94)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.88 %*0.9163*1.8008
=ROA %*Equity Multiplier
=11.8 %*1.8008
=21.26 %

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
=5335.43/25094.94
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (5335.43 / 7337.4) * (7337.4 / 8508.59) * (8508.59 / 41410.56) * (41410.56 / 45190.87) * (45190.87 / 25094.94)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7272 * 0.8624 * 20.55 % * 0.9163 * 1.8008
=21.26 %

Note: The net income data used here is one times the annual (Mar. 2026) net income data. The Revenue data used here is one times the annual (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.


Indo MIM ROE % Related Terms


Indo MIM ROE % Historical Data

* Premium members only.

The historical data trend for Indo MIM'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.

Indo MIM ROE % Chart

Indo MIM Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROE %
23.14 14.01 19.94 21.26

Indo MIM Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
ROE % 23.14 14.01 19.94 21.26

NSE:INDOMIM vs ATI, CRS, MLI: ROE % Comparison

For the Metal Fabrication subindustry, Indo MIM'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.


Indo MIM ROE % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Indo MIM's ROE % distribution charts can be found below:

* The bar in red indicates where Indo MIM's ROE % falls into.


NSE:INDOMIM
17GF Score
Indo MIM Ltd NSE:INDOMIM
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Indo MIM ROE % Calculation

Indo MIM'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 )
=5335.43/( (21994.34+28195.54)/ 2 )
=5335.43/25094.94
=21.26 %

Indo MIM's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Mar. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=5335.43/( (21994.34+28195.54)/ 2 )
=5335.43/25094.94
=21.26 %

* 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. 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 21.26% mean?
Indo MIM (NSE:INDOMIM) has a ROE % of 21.26% 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 Indo MIM and its competitors. This is near median its historical median of 20.60. Over the past decade, Indo MIM's ROE % has ranged from 14.01 to 23.14. According to the industry distribution chart, Indo MIM ranks #313 out of 3016 companies in the Industrial Products industry, placing it in the top 10.4%.
Is Indo MIM's ROE % too high?
Indo MIM's current ROE % of 21.26% is near median its 10-year median of 20.60. Over the past 10 years, this metric has ranged from a low of 14.01 to a high of 23.14. The Industrial Products industry median ROE % is 6.24. Indo MIM's value of 21.26% is 241% above this industry median. Based on the distribution chart, Indo MIM ranks #313 out of 3016 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Indo MIM has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Indo MIM's ROE % compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Indo MIM ranks #313 out of 3016 companies for ROE %. This places Indo MIM in the top 10% of its industry — outperforming the majority of peers. The industry median ROE % is 6.24. Indo MIM's value of 21.26% is 241% above this benchmark. Historically, Indo MIM's own ROE % has ranged from 14.01 to 23.14 over the past decade. While the company's 10-year median is 20.60 vs. the industry median of 6.24, Indo MIM 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 Industrial Products company?
The median ROE % among Industrial Products companies is 6.24, based on 3,016 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. Indo MIM's current ROE % of 21.26% is 241% 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 Indo MIM and its competitors. For the Industrial Products industry, the median ROE % is 6.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo MIM's current ROE % is 21.26%, which is near median its own 10-year median of 20.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo MIM stock overvalued right now?
Indo MIM (NSE:INDOMIM) has a current ROE % of 21.26%. The current ROE % is 21.26%, which is near median its 10-year median of 20.60 and 241% above the Industrial Products industry median of 6.24. Indo MIM's overall GF Score™ is 17/100 with 1 warning sign 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 Indo MIM (NSE:INDOMIM), the current ROE % is 21.26% 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.

Indo MIM Business Description

Other Exchanges 544837:India
Address 45(P), KIADB Industrial Area, Hoskote, Bangalore, KA, IND, 562 114
Indo MIM Ltd is engaged in the business of manufacturing and trading of precision engineered metal products using metal injection molding (MIM) technology. Its capabilities include mold designing and tooling, finishing, and assembly operations. It also uses investment casting, precision machining, ceramic injection molding, and metal 3D printing technologies. Its products serve the automotive, defense, medical, consumer, and aerospace sectors. The majority of the company's revenue is derived from the sale of its products outside India, by exporting to North America, Europe and South East Asia.
17GF Score

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