Mangal Electrical IndustriesNSE:MEIL +1.98%19 ROE % is 8.64% as of Mar. 2026, which is 57% below its 10-year median of 20.05. GuruFocus rates NSE:MEIL with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 3,009 Industrial Products companies, Mangal Electrical Industries ranks better than 63.97% on this metric.
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.
Mangal Electrical Industries ROE % Related Terms
Mangal Electrical Industries ROE % Historical Data
* 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 Electrical Equipment & Parts subindustry, Mangal Electrical 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.
Mangal Electrical Industries ROE % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mangal Electrical Industries's ROE % distribution charts can be found below:
* The bar in red indicates where Mangal Electrical Industries'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.
Mangal Electrical Industries (NSE:MEIL) has a ROE % of 8.64% 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 Mangal Electrical Industries and its competitors. This is 57% below median its historical median of 20.05. Over the past decade, Mangal Electrical Industries' ROE % has ranged from 8.99 to 34.14. According to the industry distribution chart, Mangal Electrical Industries ranks #1084 out of 3009 companies in the Industrial Products industry, placing it in the top 36%.
Is Mangal Electrical Industries' ROE % too high?
Mangal Electrical Industries' current ROE % of 8.64% is 57% below median its 10-year median of 20.05. Over the past 10 years, this metric has ranged from a low of 8.99 to a high of 34.14. The Industrial Products industry median ROE % is 5.91. Mangal Electrical Industries' value of 8.64% is 46.2% above this industry median. Based on the distribution chart, Mangal Electrical Industries ranks #1084 out of 3009 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Mangal Electrical Industries has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Mangal Electrical Industries' ROE % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Mangal Electrical Industries ranks #1084 out of 3009 companies for ROE %. This puts Mangal Electrical Industries in the upper half of its industry. The industry median ROE % is 5.91. Mangal Electrical Industries' value of 8.64% is 46.2% above this benchmark. Historically, Mangal Electrical Industries' own ROE % has ranged from 8.99 to 34.14 over the past decade. While the company's 10-year median is 20.05 vs. the industry median of 5.91, Mangal Electrical 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 an Industrial Products company?
The median ROE % among Industrial Products companies is 5.91, based on 3,009 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. Mangal Electrical Industries's current ROE % of 8.64% is 46.2% 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 Mangal Electrical Industries and its competitors. For the Industrial Products industry, the median ROE % is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mangal Electrical Industries's current ROE % is 8.64%, which is 57% below median its own 10-year median of 20.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangal Electrical Industries stock overvalued right now?
Mangal Electrical Industries (NSE:MEIL) has a current ROE % of 8.64%. The current ROE % is 8.64%, which is 57% below median its 10-year median of 20.05 and 46.2% above the Industrial Products industry median of 5.91. Mangal Electrical Industries' overall GF Score™ is 19/100 with 4 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 Mangal Electrical Industries (NSE:MEIL), the current ROE % is 8.64% 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.
Mangal Electrical Industries Ltd is mainly involved in the manufacturing of electrical transformers, CRGO, electrical accessories, and related items, and also executes EPC contracts involving electrical items. The company specializes in processing transformer components such as transformer laminations, CRGO slit coils, amorphous cores, coil and core assemblies, wound and toroidal cores, and oil-immersed circuit breakers. It also trades in CRGO and CRNO coils and amorphous ribbons. Additionally, the company manufactures transformers and customized products for the power infrastructure industry, with a range spanning from single-phase 5 KVA to three-phase 10 MVA units, and provides EPC services for setting up electrical substations serving the power sector.
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