Knack Packaging (NSE:KNACK) ROE %: 35.47% (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:KNACK Knack Packaging Ltd NSE:KNACK
16 GF Score
Price ₹194.88
! 1 Warning Sign
View Full Analysis

What is Knack Packaging ROE %?

Knack Packaging NSE:KNACK +0.91% 16 ROE % is 35.47% as of Mar. 2026, which is 5% below its 10-year median of 37.22. GuruFocus rates NSE:KNACK with a GF Score™ of 16/100. The stock has 1 warning sign investors should review. Among 392 Packaging & Containers companies, Knack Packaging ranks better than 96.94% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Knack Packaging's annualized net income for the quarter that ended in Mar. 2026 was ₹927 Mil. Knack Packaging's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹2,614 Mil. Therefore, Knack Packaging's annualized ROE % for the quarter that ended in Mar. 2026 was 35.47%.

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

NSE:KNACK' s ROE % Range Over the Past 10 Years
Min: 20.84   Med: 37.22   Max: 41.54
Current: 35.47

During the past 4 years, Knack Packaging's highest ROE % was 41.54%. The lowest was 20.84%. And the median was 37.22%.

NSE:KNACK's ROE % is ranked better than
96.94% of 392 companies
in the Packaging & Containers industry
Industry Median: 5.375 vs NSE:KNACK: 35.47

Knack Packaging  (NSE:KNACK) 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
=927.24/2614.47
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(927.24 / 8158.43)*(8158.43 / 5223.045)*(5223.045 / 2614.47)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.37 %*1.562*1.9977
=ROA %*Equity Multiplier
=17.76 %*1.9977
=35.47 %

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
=927.24/2614.47
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (927.24 / 1250.63) * (1250.63 / 1226.59) * (1226.59 / 8158.43) * (8158.43 / 5223.045) * (5223.045 / 2614.47)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7414 * 1.0196 * 15.03 % * 1.562 * 1.9977
=35.47 %

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.


Knack Packaging ROE % Related Terms


Knack Packaging ROE % Historical Data

* Premium members only.

The historical data trend for Knack Packaging'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.

Knack Packaging ROE % Chart

Knack Packaging Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROE %
20.84 38.97 41.54 35.47

Knack Packaging Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
ROE % 20.84 38.97 41.54 35.47

NSE:KNACK vs : ROE % Comparison

For the Packaging & Containers subindustry, Knack Packaging'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.


Knack Packaging ROE % vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Knack Packaging's ROE % distribution charts can be found below:

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


NSE:KNACK
16GF Score
Knack Packaging Ltd NSE:KNACK
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Knack Packaging ROE % Calculation

Knack Packaging'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 )
=927.24/( (2147.09+3081.85)/ 2 )
=927.24/2614.47
=35.47 %

Knack Packaging'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 )
=927.24/( (2147.09+3081.85)/ 2 )
=927.24/2614.47
=35.47 %

* 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 35.47% mean?
Knack Packaging (NSE:KNACK) has a ROE % of 35.47% 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 Knack Packaging and its competitors. This is near median its historical median of 37.22. Over the past decade, Knack Packaging's ROE % has ranged from 20.84 to 41.54. According to the industry distribution chart, Knack Packaging ranks #12 out of 392 companies in the Packaging & Containers industry, placing it in the top 3.1%.
Is Knack Packaging's ROE % too high?
Knack Packaging's current ROE % of 35.47% is near median its 10-year median of 37.22. Over the past 10 years, this metric has ranged from a low of 20.84 to a high of 41.54. The Packaging & Containers industry median ROE % is 5.38. Knack Packaging's value of 35.47% is 559.9% above this industry median. Based on the distribution chart, Knack Packaging ranks #12 out of 392 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Knack Packaging has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Knack Packaging's ROE % compare to ?
According to the Packaging & Containers industry distribution chart, Knack Packaging ranks #12 out of 392 companies for ROE %. This places Knack Packaging in the top 3% of its industry — outperforming the majority of peers. The industry median ROE % is 5.38. Knack Packaging's value of 35.47% is 559.9% above this benchmark. Historically, Knack Packaging's own ROE % has ranged from 20.84 to 41.54 over the past decade. While the company's 10-year median is 37.22 vs. the industry median of 5.38, Knack Packaging 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 Packaging & Containers company?
The median ROE % among Packaging & Containers companies is 5.38, based on 392 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. Knack Packaging's current ROE % of 35.47% is 559.9% 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 Knack Packaging and its competitors. For the Packaging & Containers industry, the median ROE % is 5.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Knack Packaging's current ROE % is 35.47%, which is near median its own 10-year median of 37.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Knack Packaging stock overvalued right now?
Knack Packaging (NSE:KNACK) has a current ROE % of 35.47%. The current ROE % is 35.47%, which is near median its 10-year median of 37.22 and 559.9% above the Packaging & Containers industry median of 5.38. Knack Packaging's overall GF Score™ is 16/100 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 Knack Packaging (NSE:KNACK), the current ROE % is 35.47% 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.

Knack Packaging Business Description

Comparable Companies
Other Exchanges 544814:India
Address Satadhar Cross Road, 330/A, Kalasagar Shopping Hub, Opposite Saibaba Temple, Ghatlodiya, Ahmedabad, GJ, IND, 380061
Knack Packaging Ltd is an integrated packaging solutions provider engaged in the manufacturing of printed and laminated woven polypropylene (PLWPP) bags and PLWPP pinch bottom bags. It serves various industries including grains and pulses - rice, dal, lentils, etc., flour & spices, sugar, salts, fruits & nuts, animal & pet foods,agriculture, seeds, charcoal, detergents powders & granules, fertilizers, chemicals, cement, tile adhesives, building materials, mineral bags, etc. The company also provides additional packaging features such as circular & back seam construction, half, full & register window, zig-zag cut, heatcut & bladecut, etc. The majority of the company's revenue is derived from the Printed And Laminated Woven PP Bags.
16GF Score

Get the complete analysis for NSE:KNACK

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

₹194.88
Price