Maral OverseasNSE:MARALOVER -0.26%68 ROE % is 48.08% as of Mar. 2026, which is 2280% above its 10-year median of 2.02. GuruFocus rates NSE:MARALOVER with a GF Score™ of 68/100 and a GF Value™ of ₹68.86 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,022 Manufacturing - Apparel & Accessories companies, Maral Overseas ranks worse than 55.09% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Maral Overseas's annualized net income for the quarter that ended in Mar. 2026 was ₹532 Mil. Maral Overseas's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹1,107 Mil. Therefore, Maral Overseas's annualized ROE % for the quarter that ended in Mar. 2026 was 48.08%.
The historical rank and industry rank for Maral Overseas's ROE % or its related term are showing as below:
NSE:MARALOVER'
s ROE % Range Over the Past 10 Years
Min: -20.13 Med: 2.02 Max: 50.89
Current: 3.14
During the past 13 years, Maral Overseas's highest ROE % was 50.89%. The lowest was -20.13%. And the median was 2.02%.
NSE:MARALOVER's ROE % is ranked worse than 55.09% of 1022
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.085
vs NSE:MARALOVER: 3.14
Maral Overseas (NSE:MARALOVER) 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:
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.
Maral Overseas ROE % Related Terms
Maral Overseas ROE % Historical Data
* Premium members only.
The historical data trend for Maral Overseas'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.
For the Textile Manufacturing subindustry, Maral Overseas'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.
Maral Overseas ROE % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Maral Overseas's ROE % distribution charts can be found below:
* The bar in red indicates where Maral Overseas's ROE % falls into.
* 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.
Maral Overseas (NSE:MARALOVER) has a ROE % of 48.08% 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 Maral Overseas and its competitors. This is 2280% above median its historical median of 2.02. According to the industry distribution chart, Maral Overseas ranks #563 out of 1022 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 55.1%.
Is Maral Overseas' ROE % too high?
Maral Overseas' current ROE % of 48.08% is 2280% above median its 10-year median of 2.02. The Manufacturing - Apparel & Accessories industry median ROE % is 4.09. Maral Overseas' value of 48.08% is 1077% above this industry median. Based on the distribution chart, Maral Overseas ranks #563 out of 1022 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Maral Overseas has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maral Overseas' ROE % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Maral Overseas ranks #563 out of 1022 companies for ROE %. This places Maral Overseas in the lower half of its industry. The industry median ROE % is 4.09. Maral Overseas' value of 48.08% is 1077% above this benchmark. While the company's 10-year median is 2.02 vs. the industry median of 4.09, Maral Overseas 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 4.09, based on 1,022 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. Maral Overseas's current ROE % of 48.08% is 1077% 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 Maral Overseas and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROE % is 4.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maral Overseas's current ROE % is 48.08%, which is 2280% above median its own 10-year median of 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maral Overseas stock overvalued right now?
Based on GuruFocus' analysis, Maral Overseas (NSE:MARALOVER) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹68.86, compared to a current price of ₹53.28 — trading 22.6% below its estimated fair value. The current ROE % is 48.08%, which is 2280% above median its 10-year median of 2.02 and 1077% above the Manufacturing - Apparel & Accessories industry median of 4.09. Maral Overseas' overall GF Score™ is 68/100 with 7 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 Maral Overseas (NSE:MARALOVER), the current ROE % is 48.08% 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 Maral Overseas (NSE:MARALOVER) Overvalued in 2026?
Based on GuruFocus' analysis, Maral Overseas stock appears to be undervalued.
The current stock price of ₹53.28 is trading 22.6% below its estimated GF Value™ of ₹68.86.
GuruFocus considers Maral Overseas to be Modestly Undervalued.
Key valuation signals for NSE:MARALOVER:
ROE %: 48.08% (2280% above median its 10-year median of 2.02)
GF Value™: ₹68.86 vs. price of ₹53.28 (22.6% below fair value)
Industry Position: 1077% above the Manufacturing - Apparel & Accessories median (#563 of 1022)
No single metric tells the full story. See the NSE:MARALOVER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maral Overseas Ltd is a textile manufacturing company. The company's business is organized into the following product segments: yarn, fabric, and Garment. It manufactures garments for various categories like Activewear, Casual wear, and Sleepwear for men and Ladies in Conventional and Organic, Fair Trade garments, and soft toys for infants, and kids.
68GF Score
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