Indo Tech Transformers (NSE:INDOTECH) ROE %: 25.60% (As of Mar. 2026) — 276% Above Median


NSE:INDOTECH Indo Tech Transformers Ltd NSE:INDOTECH
80 GF Score
Price ₹2,935.20
GF Value ₹2,149.30
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Indo Tech Transformers ROE %?

Indo Tech Transformers NSE:INDOTECH +1.03% 80 ROE % is 25.60% as of Mar. 2026, which is 276% above its 10-year median of 6.80. GuruFocus rates NSE:INDOTECH with a GF Score™ of 80/100 and a GF Value™ of ₹2,149.30 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 3,004 Industrial Products companies, Indo Tech Transformers ranks better than 95.21% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Indo Tech Transformers's annualized net income for the quarter that ended in Mar. 2026 was ₹957 Mil. Indo Tech Transformers's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹3,737 Mil. Therefore, Indo Tech Transformers's annualized ROE % for the quarter that ended in Mar. 2026 was 25.60%.

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

NSE:INDOTECH' s ROE % Range Over the Past 10 Years
Min: -7.83   Med: 6.8   Max: 28.43
Current: 28.43

During the past 13 years, Indo Tech Transformers's highest ROE % was 28.43%. The lowest was -7.83%. And the median was 6.80%.

NSE:INDOTECH's ROE % is ranked better than
95.21% of 3004 companies
in the Industrial Products industry
Industry Median: 5.865 vs NSE:INDOTECH: 28.43

Indo Tech Transformers  (NSE:INDOTECH) 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
=956.8/3737.1
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(956.8 / 9559.6)*(9559.6 / 5545.6)*(5545.6 / 3737.1)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.01 %*1.7238*1.4839
=ROA %*Equity Multiplier
=17.26 %*1.4839
=25.60 %

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
=956.8/3737.1
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (956.8 / 1274.8) * (1274.8 / 1242.8) * (1242.8 / 9559.6) * (9559.6 / 5545.6) * (5545.6 / 3737.1)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7505 * 1.0257 * 13 % * 1.7238 * 1.4839
=25.60 %

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.


Indo Tech Transformers ROE % Related Terms


Indo Tech Transformers ROE % Historical Data

* Premium members only.

The historical data trend for Indo Tech Transformers'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 Tech Transformers ROE % Chart

Indo Tech Transformers 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 8.76 16.27 24.15 25.66 28.35

Indo Tech Transformers 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 29.89 27.31 30.54 30.68 25.60

NSE:INDOTECH vs VRT, BE: ROE % Comparison

For the Electrical Equipment & Parts subindustry, Indo Tech Transformers'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 Tech Transformers ROE % vs Industrial Products Industry

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

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


NSE:INDOTECH
80GF Score
Indo Tech Transformers Ltd NSE:INDOTECH
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Indo Tech Transformers ROE % Calculation

Indo Tech Transformers'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 )
=927.7/( (2807.525+3737.1)/ 2 )
=927.7/3272.3125
=28.35 %

Indo Tech Transformers'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 )
=956.8/( (0+3737.1)/ 1 )
=956.8/3737.1
=25.60 %

* 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 25.60% mean?
Indo Tech Transformers (NSE:INDOTECH) has a ROE % of 25.60% 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 Tech Transformers and its competitors. This is 276% above median its historical median of 6.80. According to the industry distribution chart, Indo Tech Transformers ranks #144 out of 3004 companies in the Industrial Products industry, placing it in the top 4.8%.
Is Indo Tech Transformers' ROE % too high?
Indo Tech Transformers' current ROE % of 25.60% is 276% above median its 10-year median of 6.80. The Industrial Products industry median ROE % is 5.87. Indo Tech Transformers' value of 25.60% is 336.5% above this industry median. Based on the distribution chart, Indo Tech Transformers ranks #144 out of 3004 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Indo Tech Transformers has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indo Tech Transformers' ROE % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Indo Tech Transformers ranks #144 out of 3004 companies for ROE %. This places Indo Tech Transformers in the top 5% of its industry — outperforming the majority of peers. The industry median ROE % is 5.87. Indo Tech Transformers' value of 25.60% is 336.5% above this benchmark. While the company's 10-year median is 6.80 vs. the industry median of 5.87, Indo Tech Transformers 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 5.87, based on 3,004 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 Tech Transformers's current ROE % of 25.60% is 336.5% 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 Tech Transformers and its competitors. For the Industrial Products industry, the median ROE % is 5.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo Tech Transformers's current ROE % is 25.60%, which is 276% above median its own 10-year median of 6.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Tech Transformers stock overvalued right now?
Based on GuruFocus' analysis, Indo Tech Transformers (NSE:INDOTECH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2,149.30, compared to a current price of ₹2,935.20 — trading 36.6% above its estimated fair value. The current ROE % is 25.60%, which is 276% above median its 10-year median of 6.80 and 336.5% above the Industrial Products industry median of 5.87. Indo Tech Transformers' overall GF Score™ is 80/100 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 Indo Tech Transformers (NSE:INDOTECH), the current ROE % is 25.60% 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 Indo Tech Transformers (NSE:INDOTECH) Overvalued in 2026?

Based on GuruFocus' analysis, Indo Tech Transformers stock appears to be overvalued. The current stock price of ₹2,935.20 is trading 36.6% above its estimated GF Value™ of ₹2,149.30. GuruFocus considers Indo Tech Transformers to be Significantly Overvalued.

Key valuation signals for NSE:INDOTECH:

  • ROE %: 25.60% (276% above median its 10-year median of 6.80)
  • GF Value™: ₹2,149.30 vs. price of ₹2,935.20 (36.6% above fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 336.5% above the Industrial Products median (#144 of 3004)

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


Indo Tech Transformers Business Description

Other Exchanges 532717:India
Address Survey No.153-210, Near Rajakulam, KM-64, Illuppapattu Village, Kancheepuram, TN, IND, 631561
Indo Tech Transformers Ltd is engaged in the business of manufacturing power and distribution transformers and various special application transformers, mobile sub-station transformers, and various special application transformers, mobile sub-station transformers and sub-stations. The Company has its manufacturing plant located at Kancheepuram in Tamil Nadu. The majority of the geographical revenue of the company is generated in India.
80GF Score

Get the complete analysis for NSE:INDOTECH

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

₹2,935.20
Price
₹2,149.30
GF Value