Lux Industries (NSE:LUXIND) ROE %: 9.57% (As of Mar. 2026) — 61% Below Median


NSE:LUXIND Lux Industries Ltd NSE:LUXIND
77 GF Score
Price ₹1,220.00
GF Value ₹1,691.46
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Lux Industries ROE %?

Lux Industries NSE:LUXIND -1.21% 77 ROE % is 9.57% as of Mar. 2026, which is 61% below its 10-year median of 24.44. GuruFocus rates NSE:LUXIND with a GF Score™ of 77/100 and a GF Value™ of ₹1,691.46 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,023 Manufacturing - Apparel & Accessories companies, Lux Industries ranks better than 57.97% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Lux Industries's annualized net income for the quarter that ended in Mar. 2026 was ₹1,755 Mil. Lux Industries's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹18,340 Mil. Therefore, Lux Industries's annualized ROE % for the quarter that ended in Mar. 2026 was 9.57%.

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

NSE:LUXIND' s ROE % Range Over the Past 10 Years
Min: 5.82   Med: 24.44   Max: 31.09
Current: 5.83

During the past 12 years, Lux Industries's highest ROE % was 31.09%. The lowest was 5.82%. And the median was 24.44%.

NSE:LUXIND's ROE % is ranked better than
57.97% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.04 vs NSE:LUXIND: 5.83

Lux Industries  (NSE:LUXIND) 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
=1755.2/18340.4
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1755.2 / 34762.8)*(34762.8 / 30888.6)*(30888.6 / 18340.4)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.05 %*1.1254*1.6842
=ROA %*Equity Multiplier
=5.68 %*1.6842
=9.57 %

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
=1755.2/18340.4
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1755.2 / 2266.4) * (2266.4 / 2253.2) * (2253.2 / 34762.8) * (34762.8 / 30888.6) * (30888.6 / 18340.4)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7744 * 1.0059 * 6.48 % * 1.1254 * 1.6842
=9.57 %

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.


Lux Industries ROE % Related Terms


Lux Industries ROE % Historical Data

* Premium members only.

The historical data trend for Lux Industries'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.

Lux Industries ROE % Chart

Lux Industries 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 29.34 10.29 8.58 10.03 5.82

Lux Industries 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 11.12 5.45 5.28 2.91 9.57

NSE:LUXIND vs RL, LEVI, VFC: ROE % Comparison

For the Apparel Manufacturing subindustry, Lux Industries'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.


Lux Industries ROE % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lux Industries's ROE % distribution charts can be found below:

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


NSE:LUXIND
77GF Score
Lux Industries Ltd NSE:LUXIND
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lux Industries ROE % Calculation

Lux Industries'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 )
=1038/( (17303.4+18340.4)/ 2 )
=1038/17821.9
=5.82 %

Lux Industries'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 )
=1755.2/( (0+18340.4)/ 1 )
=1755.2/18340.4
=9.57 %

* 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 9.57% mean?
Lux Industries (NSE:LUXIND) has a ROE % of 9.57% 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 Lux Industries and its competitors. This is 61% below median its historical median of 24.44. Over the past decade, Lux Industries' ROE % has ranged from 5.82 to 31.09. According to the industry distribution chart, Lux Industries ranks #430 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 42%.
Is Lux Industries' ROE % too high?
Lux Industries' current ROE % of 9.57% is 61% below median its 10-year median of 24.44. Over the past 10 years, this metric has ranged from a low of 5.82 to a high of 31.09. The Manufacturing - Apparel & Accessories industry median ROE % is 4.04. Lux Industries' value of 9.57% is 136.9% above this industry median. Based on the distribution chart, Lux Industries ranks #430 out of 1023 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Lux Industries has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lux Industries' ROE % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Lux Industries ranks #430 out of 1023 companies for ROE %. This puts Lux Industries in the upper half of its industry. The industry median ROE % is 4.04. Lux Industries' value of 9.57% is 136.9% above this benchmark. Historically, Lux Industries' own ROE % has ranged from 5.82 to 31.09 over the past decade. While the company's 10-year median is 24.44 vs. the industry median of 4.04, Lux Industries 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 Manufacturing - Apparel & Accessories company?
The median ROE % among Manufacturing - Apparel & Accessories companies is 4.04, based on 1,023 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. Lux Industries's current ROE % of 9.57% is 136.9% 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 Lux Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROE % is 4.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lux Industries's current ROE % is 9.57%, which is 61% below median its own 10-year median of 24.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lux Industries stock overvalued right now?
Based on GuruFocus' analysis, Lux Industries (NSE:LUXIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,691.46, compared to a current price of ₹1,220.00 — trading 27.9% below its estimated fair value. The current ROE % is 9.57%, which is 61% below median its 10-year median of 24.44 and 136.9% above the Manufacturing - Apparel & Accessories industry median of 4.04. Lux Industries' overall GF Score™ is 77/100 with 6 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 Lux Industries (NSE:LUXIND), the current ROE % is 9.57% 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 Lux Industries (NSE:LUXIND) Overvalued in 2026?

Based on GuruFocus' analysis, Lux Industries stock appears to be undervalued. The current stock price of ₹1,220.00 is trading 27.9% below its estimated GF Value™ of ₹1,691.46. GuruFocus considers Lux Industries to be Modestly Undervalued.

Key valuation signals for NSE:LUXIND:

  • ROE %: 9.57% (61% below median its 10-year median of 24.44)
  • GF Value™: ₹1,691.46 vs. price of ₹1,220.00 (27.9% below fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 136.9% above the Manufacturing - Apparel & Accessories median (#430 of 1023)

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


Lux Industries Business Description

Other Exchanges 539542:India
Address BN-5, Sector V, Adventz Infinity 5, 17th Floor, Bidhannagar, Kolkata, WB, IND, 700091
Lux Industries Ltd is an Indian company that is engaged in manufacturing and sales of knitwear for men, women, and children. The company's products include briefs, trunks, drawers, vests, Bermudas, t-shirts, socks, leggings, bloomers, slacks and slips, and winter wear. It has three distinct business verticals each specializing in the production, marketing, and distribution of products under various brands such as; Vertical A comprises Lux Cozi, ONN, Lux Cotts wool, Lux Mozze, and One8 brands; Vertical B includes Lux Venus, Lyra, Lux Inferno, and Lux Nitro; and Vertical C includes GenX, Lux Classic, Lux Karishma, and Lux Amore brands. Maximum revenue is generated from Verticle B. Geographically, it caters to both domestic and international markets and derives its key revenue within India.
77GF Score

Get the complete analysis for NSE:LUXIND

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

₹1,220.00
Price
₹1,691.46
GF Value