Marvel Decor (NSE:MDL) ROE %: 6.96% (As of Mar. 2026) — 10% Above Median


NSE:MDL Marvel Decor Ltd NSE:MDL
70 GF Score
Price ₹75.65
GF Value ₹102.57
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Marvel Decor ROE %?

Marvel Decor NSE:MDL +3.63% 70 ROE % is 6.96% as of Mar. 2026, which is 10% above its 10-year median of 6.32. GuruFocus rates NSE:MDL with a GF Score™ of 70/100 and a GF Value™ of ₹102.57 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 428 Furnishings, Fixtures & Appliances companies, Marvel Decor ranks better than 60.28% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Marvel Decor's annualized net income for the quarter that ended in Mar. 2026 was ₹45.6 Mil. Marvel Decor's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹654.8 Mil. Therefore, Marvel Decor's annualized ROE % for the quarter that ended in Mar. 2026 was 6.96%.

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

NSE:MDL' s ROE % Range Over the Past 10 Years
Min: 0.21   Med: 6.32   Max: 11.89
Current: 6.73

During the past 13 years, Marvel Decor's highest ROE % was 11.89%. The lowest was 0.21%. And the median was 6.32%.

NSE:MDL's ROE % is ranked better than
60.28% of 428 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.6 vs NSE:MDL: 6.73

Marvel Decor  (NSE:MDL) 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
=45.606/654.8315
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(45.606 / 630.156)*(630.156 / 995.2295)*(995.2295 / 654.8315)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.24 %*0.6332*1.5198
=ROA %*Equity Multiplier
=4.58 %*1.5198
=6.96 %

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
=45.606/654.8315
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (45.606 / 53.306) * (53.306 / 24.706) * (24.706 / 630.156) * (630.156 / 995.2295) * (995.2295 / 654.8315)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8556 * 2.1576 * 3.92 % * 0.6332 * 1.5198
=6.96 %

Note: The net income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-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.


Marvel Decor ROE % Related Terms


Marvel Decor ROE % Historical Data

* Premium members only.

The historical data trend for Marvel Decor'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.

Marvel Decor ROE % Chart

Marvel Decor 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 3.00 4.37 5.89 6.74 6.74

Marvel Decor Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 5.69 8.03 5.10 6.48 6.96

NSE:MDL vs SN, SGI, MHK: ROE % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Marvel Decor'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.


Marvel Decor ROE % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Marvel Decor's ROE % distribution charts can be found below:

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


NSE:MDL
70GF Score
Marvel Decor Ltd NSE:MDL
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Marvel Decor ROE % Calculation

Marvel Decor'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 )
=43.425/( (626.142+663.195)/ 2 )
=43.425/644.6685
=6.74 %

Marvel Decor's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=45.606/( (646.468+663.195)/ 2 )
=45.606/654.8315
=6.96 %

* 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 two times the semi-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 6.96% mean?
Marvel Decor (NSE:MDL) has a ROE % of 6.96% 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 Marvel Decor and its competitors. This is 10% above median its historical median of 6.32. Over the past decade, Marvel Decor's ROE % has ranged from 0.21 to 11.89. According to the industry distribution chart, Marvel Decor ranks #170 out of 428 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 39.7%.
Is Marvel Decor's ROE % too high?
Marvel Decor's current ROE % of 6.96% is 10% above median its 10-year median of 6.32. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 11.89. The Furnishings, Fixtures & Appliances industry median ROE % is 4.60. Marvel Decor's value of 6.96% is 51.3% above this industry median. Based on the distribution chart, Marvel Decor ranks #170 out of 428 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Marvel Decor has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Marvel Decor's ROE % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Marvel Decor ranks #170 out of 428 companies for ROE %. This puts Marvel Decor in the upper half of its industry. The industry median ROE % is 4.60. Marvel Decor's value of 6.96% is 51.3% above this benchmark. Historically, Marvel Decor's own ROE % has ranged from 0.21 to 11.89 over the past decade. While the company's 10-year median is 6.32 vs. the industry median of 4.60, Marvel Decor 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 Furnishings, Fixtures & Appliances company?
The median ROE % among Furnishings, Fixtures & Appliances companies is 4.60, based on 428 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. Marvel Decor's current ROE % of 6.96% is 51.3% 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 Marvel Decor and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROE % is 4.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marvel Decor's current ROE % is 6.96%, which is 10% above median its own 10-year median of 6.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marvel Decor stock overvalued right now?
Based on GuruFocus' analysis, Marvel Decor (NSE:MDL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹102.57, compared to a current price of ₹75.65 — trading 26.2% below its estimated fair value. The current ROE % is 6.96%, which is 10% above median its 10-year median of 6.32 and 51.3% above the Furnishings, Fixtures & Appliances industry median of 4.60. Marvel Decor's overall GF Score™ is 70/100 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 Marvel Decor (NSE:MDL), the current ROE % is 6.96% 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 Marvel Decor (NSE:MDL) Overvalued in 2026?

Based on GuruFocus' analysis, Marvel Decor stock appears to be undervalued. The current stock price of ₹75.65 is trading 26.2% below its estimated GF Value™ of ₹102.57. GuruFocus considers Marvel Decor to be Modestly Undervalued.

Key valuation signals for NSE:MDL:

  • ROE %: 6.96% (10% above median its 10-year median of 6.32)
  • GF Value™: ₹102.57 vs. price of ₹75.65 (26.2% below fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 51.3% above the Furnishings, Fixtures & Appliances median (#170 of 428)

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


Marvel Decor Business Description

Address Remi Commercio, No. 1601, Opp. Yash Raj Film Studio, Industrial Area, Andheri West, Mumbai, MH, IND, 400053
Marvel Decor Ltd is an Indian-based company that engages in the manufacture of window blinds. The company is engaged in the manufacturing and sale of window covering products like blinds, curtain rods, and tracks. It specializes in Roller blinds, Roman blinds, Luzon blinds, Grayson blinds, Eton blinds, Patricia blinds, Aric blinds, Colby blinds, Meliso blinds, Vertical blinds, Bamboo blinds, Wooden Venetian blinds, among others.
70GF Score

Get the complete analysis for NSE:MDL

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

₹75.65
Price
₹102.57
GF Value