KDDL (NSE:KDDL) ROE %: 9.37% (As of Mar. 2026) — 26% Below Median


NSE:KDDL KDDL Ltd NSE:KDDL
91 GF Score
Price ₹3,189.40
GF Value ₹3,892.64
Valuation Modestly Undervalued
! 5 Warning Signs
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What is KDDL ROE %?

KDDL NSE:KDDL -1.68% 91 ROE % is 9.37% as of Mar. 2026, which is 26% below its 10-year median of 12.60. GuruFocus rates NSE:KDDL with a GF Score™ of 91/100 and a GF Value™ of ₹3,892.64 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,090 Retail - Cyclical companies, KDDL ranks better than 58.26% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. KDDL's annualized net income for the quarter that ended in Mar. 2026 was ₹1,012 Mil. KDDL's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹10,802 Mil. Therefore, KDDL's annualized ROE % for the quarter that ended in Mar. 2026 was 9.37%.

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

NSE:KDDL' s ROE % Range Over the Past 10 Years
Min: -0.32   Med: 12.6   Max: 17.25
Current: 8.69

During the past 13 years, KDDL's highest ROE % was 17.25%. The lowest was -0.32%. And the median was 12.60%.

NSE:KDDL's ROE % is ranked better than
58.26% of 1090 companies
in the Retail - Cyclical industry
Industry Median: 6.475 vs NSE:KDDL: 8.69

KDDL  (NSE:KDDL) 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
=1012.4/10802.3
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1012.4 / 22999.6)*(22999.6 / 27548.1)*(27548.1 / 10802.3)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.4 %*0.8349*2.5502
=ROA %*Equity Multiplier
=3.67 %*2.5502
=9.37 %

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
=1012.4/10802.3
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1012.4 / 2016.8) * (2016.8 / 2096) * (2096 / 22999.6) * (22999.6 / 27548.1) * (27548.1 / 10802.3)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.502 * 0.9622 * 9.11 % * 0.8349 * 2.5502
=9.37 %

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.


KDDL ROE % Related Terms


KDDL ROE % Historical Data

* Premium members only.

The historical data trend for KDDL'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.

KDDL ROE % Chart

KDDL 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 14.56 15.12 17.25 11.48 8.83

KDDL 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 8.88 8.93 7.41 8.79 9.37

NSE:KDDL vs TPR: ROE % Comparison

For the Luxury Goods subindustry, KDDL'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.


KDDL ROE % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, KDDL's ROE % distribution charts can be found below:

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


NSE:KDDL
91GF Score
KDDL Ltd NSE:KDDL
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KDDL ROE % Calculation

KDDL'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 )
=881/( (9150.026+10802.3)/ 2 )
=881/9976.163
=8.83 %

KDDL'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 )
=1012.4/( (0+10802.3)/ 1 )
=1012.4/10802.3
=9.37 %

* 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 9.37% mean?
KDDL (NSE:KDDL) has a ROE % of 9.37% 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 KDDL and its competitors. This is 26% below median its historical median of 12.60. According to the industry distribution chart, KDDL ranks #455 out of 1090 companies in the Retail - Cyclical industry, placing it in the top 41.7%.
Is KDDL's ROE % too high?
KDDL's current ROE % of 9.37% is 26% below median its 10-year median of 12.60. The Retail - Cyclical industry median ROE % is 6.48. KDDL's value of 9.37% is 44.7% above this industry median. Based on the distribution chart, KDDL ranks #455 out of 1090 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, KDDL has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does KDDL's ROE % compare to TPR?
According to the Retail - Cyclical industry distribution chart, KDDL ranks #455 out of 1090 companies for ROE %. This puts KDDL in the upper half of its industry. The industry median ROE % is 6.48. KDDL's value of 9.37% is 44.7% above this benchmark. While the company's 10-year median is 12.60 vs. the industry median of 6.48, KDDL 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 Retail - Cyclical company?
The median ROE % among Retail - Cyclical companies is 6.48, based on 1,090 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. KDDL's current ROE % of 9.37% is 44.7% 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 KDDL and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KDDL's current ROE % is 9.37%, which is 26% below median its own 10-year median of 12.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KDDL stock overvalued right now?
Based on GuruFocus' analysis, KDDL (NSE:KDDL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹3,892.64, compared to a current price of ₹3,189.40 — trading 18.1% below its estimated fair value. The current ROE % is 9.37%, which is 26% below median its 10-year median of 12.60 and 44.7% above the Retail - Cyclical industry median of 6.48. KDDL's overall GF Score™ is 91/100 with 5 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 KDDL (NSE:KDDL), the current ROE % is 9.37% 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 KDDL (NSE:KDDL) Overvalued in 2026?

Based on GuruFocus' analysis, KDDL stock appears to be undervalued. The current stock price of ₹3,189.40 is trading 18.1% below its estimated GF Value™ of ₹3,892.64. GuruFocus considers KDDL to be Modestly Undervalued.

Key valuation signals for NSE:KDDL:

  • ROE %: 9.37% (26% below median its 10-year median of 12.60)
  • GF Value™: ₹3,892.64 vs. price of ₹3,189.40 (18.1% below fair value)
  • GF Score™: 91/100 with 5 warning signs
  • Industry Position: 44.7% above the Retail - Cyclical median (#455 of 1090)

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


KDDL Business Description

Other Exchanges 532054:India
Address Sector 8-C, Madhya Marg, Kamla Center, SCO 88-89, Chandigarh, PB, IND, 160 009
KDDL Ltd is engaged principally in the manufacturing of dials, watch hands, indexes, appliques, and precision stamped components and bracelets. Its business areas include TARATEC-KDDL: Watch Dials & Hands, EIGEN: Precision Engineering, ETHOS: Luxury Watch Retail, ESTIMA: Swiss Made Dials & Hands, and ORNAPAC: Luxury Packaging. The segments of the company are Precision and watch components; and Others. A majority of revenue is derived from the Precision and watch components segment. It generates revenue from India and Outside India.
91GF Score

Get the complete analysis for NSE:KDDL

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

₹3,189.40
Price
₹3,892.64
GF Value