Nirman Agri Genetics (NSE:NIRMAN) ROE %: 24.86% (As of Sep. 2025) — 53% Below Median

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NSE:NIRMAN Nirman Agri Genetics Ltd NSE:NIRMAN
85 GF Score
Price ₹40.45
GF Value ₹858.05
Valuation Possible Value Trap
! 4 Warning Signs
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What is Nirman Agri Genetics ROE %?

Nirman Agri Genetics NSE:NIRMAN -1.46% 85 ROE % is 24.86% as of Sep. 2025, which is 53% below its 10-year median of 53.14. GuruFocus rates NSE:NIRMAN with a GF Score™ of 85/100 and a GF Value™ of ₹858.05 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 252 Agriculture companies, Nirman Agri Genetics ranks better than 91.67% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Nirman Agri Genetics's annualized net income for the quarter that ended in Sep. 2025 was ₹292 Mil. Nirman Agri Genetics's average Total Stockholders Equity over the quarter that ended in Sep. 2025 was ₹1,173 Mil. Therefore, Nirman Agri Genetics's annualized ROE % for the quarter that ended in Sep. 2025 was 24.86%.

The historical rank and industry rank for Nirman Agri Genetics's ROE % or its related term are showing as below:

NSE:NIRMAN' s ROE % Range Over the Past 10 Years
Min: 25.62   Med: 53.14   Max: 171.76
Current: 25.62

During the past 6 years, Nirman Agri Genetics's highest ROE % was 171.76%. The lowest was 25.62%. And the median was 53.14%.

NSE:NIRMAN's ROE % is ranked better than
91.67% of 252 companies
in the Agriculture industry
Industry Median: 6.54 vs NSE:NIRMAN: 25.62

Nirman Agri Genetics  (NSE:NIRMAN) 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: Sep. 2025 )
=Net Income/Total Stockholders Equity
=291.58/1172.81
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(291.58 / 2924.576)*(2924.576 / 1199.237)*(1199.237 / 1172.81)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.97 %*2.4387*1.0225
=ROA %*Equity Multiplier
=24.31 %*1.0225
=24.86 %

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: Sep. 2025 )
=Net Income/Total Stockholders Equity
=291.58/1172.81
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (291.58 / 300.646) * (300.646 / 300.644) * (300.644 / 2924.576) * (2924.576 / 1199.237) * (1199.237 / 1172.81)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9698 * 1 * 10.28 % * 2.4387 * 1.0225
=24.86 %

Note: The net income data used here is two times the semi-annual (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 2025) 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.


Nirman Agri Genetics ROE % Related Terms


Nirman Agri Genetics ROE % Historical Data

* Premium members only.

The historical data trend for Nirman Agri Genetics'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.

Nirman Agri Genetics ROE % Chart

Nirman Agri Genetics Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
ROE %
Get a 7-Day Free Trial 71.95 171.76 27.06 32.37 34.33

Nirman Agri Genetics Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.15 37.99 33.80 26.58 24.86

NSE:NIRMAN vs CTVA, CF, MOS: ROE % Comparison

For the Agricultural Inputs subindustry, Nirman Agri Genetics'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.


Nirman Agri Genetics ROE % vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Nirman Agri Genetics's ROE % distribution charts can be found below:

* The bar in red indicates where Nirman Agri Genetics's ROE % falls into.


NSE:NIRMAN
85GF Score
Nirman Agri Genetics Ltd NSE:NIRMAN
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nirman Agri Genetics ROE % Calculation

Nirman Agri Genetics's annualized ROE % for the fiscal year that ended in Mar. 2025 is calculated as

ROE %=Net Income (A: Mar. 2025 )/( (Total Stockholders Equity (A: Mar. 2024 )+Total Stockholders Equity (A: Mar. 2025 ))/ count )
=252.86/( (373.393+1099.915)/ 2 )
=252.86/736.654
=34.33 %

Nirman Agri Genetics's annualized ROE % for the quarter that ended in Sep. 2025 is calculated as

ROE %=Net Income (Q: Sep. 2025 )/( (Total Stockholders Equity (Q: Mar. 2025 )+Total Stockholders Equity (Q: Sep. 2025 ))/ count )
=291.58/( (1099.915+1245.705)/ 2 )
=291.58/1172.81
=24.86 %

* 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 (Sep. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 24.86% mean?
Nirman Agri Genetics (NSE:NIRMAN) has a ROE % of 24.86% as of Sep. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Nirman Agri Genetics and its competitors. This is 53% below median its historical median of 53.14. Over the past decade, Nirman Agri Genetics' ROE % has ranged from 25.62 to 171.76. According to the industry distribution chart, Nirman Agri Genetics ranks #21 out of 252 companies in the Agriculture industry, placing it in the top 8.3%.
Is Nirman Agri Genetics' ROE % too high?
Nirman Agri Genetics' current ROE % of 24.86% is 53% below median its 10-year median of 53.14. Over the past 10 years, this metric has ranged from a low of 25.62 to a high of 171.76. The Agriculture industry median ROE % is 6.54. Nirman Agri Genetics' value of 24.86% is 280.1% above this industry median. Based on the distribution chart, Nirman Agri Genetics ranks #21 out of 252 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, Nirman Agri Genetics has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nirman Agri Genetics' ROE % compare to CTVA and CF?
According to the Agriculture industry distribution chart, Nirman Agri Genetics ranks #21 out of 252 companies for ROE %. This places Nirman Agri Genetics in the top 8% of its industry — outperforming the majority of peers. The industry median ROE % is 6.54. Nirman Agri Genetics' value of 24.86% is 280.1% above this benchmark. Historically, Nirman Agri Genetics' own ROE % has ranged from 25.62 to 171.76 over the past decade. While the company's 10-year median is 53.14 vs. the industry median of 6.54, Nirman Agri Genetics 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 Agriculture company?
The median ROE % among Agriculture companies is 6.54, based on 252 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. Nirman Agri Genetics's current ROE % of 24.86% is 280.1% 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 Nirman Agri Genetics and its competitors. For the Agriculture industry, the median ROE % is 6.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nirman Agri Genetics's current ROE % is 24.86%, which is 53% below median its own 10-year median of 53.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nirman Agri Genetics stock overvalued right now?
Based on GuruFocus' analysis, Nirman Agri Genetics (NSE:NIRMAN) is currently considered Possible Value Trap. The stock's GF Value™ is ₹858.05, compared to a current price of ₹40.45 — trading 95.3% below its estimated fair value. The current ROE % is 24.86%, which is 53% below median its 10-year median of 53.14 and 280.1% above the Agriculture industry median of 6.54. Nirman Agri Genetics' overall GF Score™ is 85/100 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 Nirman Agri Genetics (NSE:NIRMAN), the current ROE % is 24.86% as of Sep. 2025. 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 Nirman Agri Genetics (NSE:NIRMAN) Overvalued in 2026?

Based on GuruFocus' analysis, Nirman Agri Genetics stock appears to be undervalued. The current stock price of ₹40.45 is trading 95.3% below its estimated GF Value™ of ₹858.05. GuruFocus considers Nirman Agri Genetics to be Possible Value Trap.

Key valuation signals for NSE:NIRMAN:

  • ROE %: 24.86% (53% below median its 10-year median of 53.14)
  • GF Value™: ₹858.05 vs. price of ₹40.45 (95.3% below fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 280.1% above the Agriculture median (#21 of 252)

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


Nirman Agri Genetics Business Description

Address 3rd floor, Samarth House, Opposite Titan World, Mahatma Nagar, Nashik, MH, IND, 422005
Nirman Agri Genetics Ltd is an organized Agri-Input company in India. It is in the business of production, processing, and marketing of high-quality hybrid seeds, pesticides, and bio-organic. These processes are used for different crops like corn, sunflower, cotton, paddy, grain sorghum, and others. It is engaged in the business of Agriculture Industry, Manufacturing & Processing of seeds. Its geographical segments include Revenue within India includes sales to customers located within India and Revenue outside India includes sales to customers located outside India including Export Benefits or Incentives.
85GF Score

Get the complete analysis for NSE:NIRMAN

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

₹40.45
Price
₹858.05
GF Value