Kirloskar Electric Co (NSE:KECL) ROE %: -1.91% (As of Mar. 2026)


NSE:KECL Kirloskar Electric Co Ltd NSE:KECL
73 GF Score
Price ₹113.16
GF Value ₹139.26
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Kirloskar Electric Co ROE %?

Kirloskar Electric Co NSE:KECL +1.99% 73 ROE % is -1.91% as of Mar. 2026. GuruFocus rates NSE:KECL with a GF Score™ of 73/100 and a GF Value™ of ₹139.26 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 3,004 Industrial Products companies, Kirloskar Electric Co ranks better than 72.04% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Kirloskar Electric Co's annualized net income for the quarter that ended in Mar. 2026 was ₹-25 Mil. Kirloskar Electric Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹1,318 Mil. Therefore, Kirloskar Electric Co's annualized ROE % for the quarter that ended in Mar. 2026 was -1.91%.

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

NSE:KECL' s ROE % Range Over the Past 10 Years
Min: -307.37   Med: 6.8   Max: 123.11
Current: 11.19

During the past 13 years, Kirloskar Electric Co's highest ROE % was 123.11%. The lowest was -307.37%. And the median was 6.80%.

NSE:KECL's ROE % is ranked better than
72.04% of 3004 companies
in the Industrial Products industry
Industry Median: 5.865 vs NSE:KECL: 11.19

Kirloskar Electric Co  (NSE:KECL) 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
=-25.2/1318.2
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-25.2 / 6542.8)*(6542.8 / 6332.3)*(6332.3 / 1318.2)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.39 %*1.0332*4.8037
=ROA %*Equity Multiplier
=-0.4 %*4.8037
=-1.91 %

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
=-25.2/1318.2
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-25.2 / -21.6) * (-21.6 / 212.4) * (212.4 / 6542.8) * (6542.8 / 6332.3) * (6332.3 / 1318.2)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.1667 * -0.1017 * 3.25 % * 1.0332 * 4.8037
=-1.91 %

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.


Kirloskar Electric Co ROE % Related Terms


Kirloskar Electric Co ROE % Historical Data

* Premium members only.

The historical data trend for Kirloskar Electric Co'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.

Kirloskar Electric Co ROE % Chart

Kirloskar Electric Co 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 123.11 37.03 16.17 3.78 6.80

Kirloskar Electric Co 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 -13.39 1.46 31.90 13.10 -1.91

NSE:KECL vs GEV, ETN, PH: ROE % Comparison

For the Specialty Industrial Machinery subindustry, Kirloskar Electric Co'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.


Kirloskar Electric Co ROE % vs Industrial Products Industry

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

* The bar in red indicates where Kirloskar Electric Co's ROE % falls into.


NSE:KECL
73GF Score
Kirloskar Electric Co Ltd NSE:KECL
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kirloskar Electric Co ROE % Calculation

Kirloskar Electric Co'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 )
=83.8/( (1147.528+1318.2)/ 2 )
=83.8/1232.864
=6.80 %

Kirloskar Electric Co'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 )
=-25.2/( (0+1318.2)/ 1 )
=-25.2/1318.2
=-1.91 %

* 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 -1.91% mean?
Kirloskar Electric Co (NSE:KECL) has a ROE % of -1.91% 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 Kirloskar Electric Co and its competitors. According to the industry distribution chart, Kirloskar Electric Co ranks #840 out of 3004 companies in the Industrial Products industry, placing it in the top 28%.
Is Kirloskar Electric Co's ROE % too high?
Kirloskar Electric Co's current ROE % is -1.91%. Based on the distribution chart, Kirloskar Electric Co ranks #840 out of 3004 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Kirloskar Electric Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kirloskar Electric Co's ROE % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Kirloskar Electric Co ranks #840 out of 3004 companies for ROE %. This puts Kirloskar Electric Co in the upper half of its industry. The industry median ROE % is 5.87. 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. 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 Kirloskar Electric Co 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. Kirloskar Electric Co's current ROE % is -1.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kirloskar Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Kirloskar Electric Co (NSE:KECL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹139.26, compared to a current price of ₹113.16 — trading 18.7% below its estimated fair value. The current ROE % is -1.91%. Kirloskar Electric Co's overall GF Score™ is 73/100 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 Kirloskar Electric Co (NSE:KECL), the current ROE % is -1.91% 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 Kirloskar Electric Co (NSE:KECL) Overvalued in 2026?

Based on GuruFocus' analysis, Kirloskar Electric Co stock appears to be undervalued. The current stock price of ₹113.16 is trading 18.7% below its estimated GF Value™ of ₹139.26. GuruFocus considers Kirloskar Electric Co to be Modestly Undervalued.

Key valuation signals for NSE:KECL:

  • ROE %: -1.91%
  • GF Value™: ₹139.26 vs. price of ₹113.16 (18.7% below fair value)
  • GF Score™: 73/100 with 3 warning signs

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


Kirloskar Electric Co Business Description

Other Exchanges 533193:India
Address No. 19, 2nd Main Road, Peenya 1st Stage, Phase-1, Peenya, Bangalore, KA, IND, 560058
Kirloskar Electric Co Ltd is an electrical engineering company. The company is engaged in the manufacture of electrical equipment like motors, alternators, and generators, switchgear, transformers, DG sets, and others in India and internationally. The company has different product groups like transformer and distribution groups, large machine groups, low voltage machine groups, and power generation groups. The company caters to economic sectors like power generation, transmission and distribution, transportation, renewable energy, and others. The operating reportable segments of the company are: Power generation and distribution, Rotating machine group, and Others. The company generates maximum revenue from the Rotating machines group segment.
73GF Score

Get the complete analysis for NSE:KECL

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

₹113.16
Price
₹139.26
GF Value