Olectra GreentechNSE:OLECTRA +0.85%87 ROE % is 18.09% as of Mar. 2026, which is 144% above its 10-year median of 7.42. GuruFocus rates NSE:OLECTRA with a GF Score™ of 87/100 and a GF Value™ of ₹2,305.83 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 204 Farm & Heavy Construction Machinery companies, Olectra Greentech ranks better than 77.45% on this metric.
The historical rank and industry rank for Olectra Greentech's ROE % or its related term are showing as below:
NSE:OLECTRA'
s ROE % Range Over the Past 10 Years
Min: -3.51 Med: 7.42 Max: 15.67
Current: 15.67
During the past 13 years, Olectra Greentech's highest ROE % was 15.67%. The lowest was -3.51%. And the median was 7.42%.
NSE:OLECTRA's ROE % is ranked better than 77.45% of 204
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 7.315
vs NSE:OLECTRA: 15.67
Olectra Greentech (NSE:OLECTRA) 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.
Olectra Greentech ROE % Related Terms
Olectra Greentech ROE % Historical Data
* Premium members only.
The historical data trend for Olectra Greentech'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 Farm & Heavy Construction Machinery subindustry, Olectra Greentech'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.
Olectra Greentech ROE % vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Olectra Greentech's ROE % distribution charts can be found below:
* The bar in red indicates where Olectra Greentech'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.
Olectra Greentech (NSE:OLECTRA) has a ROE % of 18.09% 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 Olectra Greentech and its competitors. This is 144% above median its historical median of 7.42. According to the industry distribution chart, Olectra Greentech ranks #46 out of 204 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 22.5%.
Is Olectra Greentech's ROE % too high?
Olectra Greentech's current ROE % of 18.09% is 144% above median its 10-year median of 7.42. The Farm & Heavy Construction Machinery industry median ROE % is 7.32. Olectra Greentech's value of 18.09% is 147.3% above this industry median. Based on the distribution chart, Olectra Greentech ranks #46 out of 204 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Olectra Greentech has a GF Score™ of 87/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Olectra Greentech's ROE % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Olectra Greentech ranks #46 out of 204 companies for ROE %. This places Olectra Greentech in the top 23% of its industry — outperforming the majority of peers. The industry median ROE % is 7.32. Olectra Greentech's value of 18.09% is 147.3% above this benchmark. While the company's 10-year median is 7.42 vs. the industry median of 7.32, Olectra Greentech 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 Farm & Heavy Construction Machinery company?
The median ROE % among Farm & Heavy Construction Machinery companies is 7.32, based on 204 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. Olectra Greentech's current ROE % of 18.09% is 147.3% 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 Olectra Greentech and its competitors. For the Farm & Heavy Construction Machinery industry, the median ROE % is 7.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Olectra Greentech's current ROE % is 18.09%, which is 144% above median its own 10-year median of 7.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Olectra Greentech stock overvalued right now?
Based on GuruFocus' analysis, Olectra Greentech (NSE:OLECTRA) is currently considered Possible Value Trap. The stock's GF Value™ is ₹2,305.83, compared to a current price of ₹1,512.40 — trading 34.4% below its estimated fair value. The current ROE % is 18.09%, which is 144% above median its 10-year median of 7.42 and 147.3% above the Farm & Heavy Construction Machinery industry median of 7.32. Olectra Greentech's overall GF Score™ is 87/100 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 Olectra Greentech (NSE:OLECTRA), the current ROE % is 18.09% 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 Olectra Greentech (NSE:OLECTRA) Overvalued in 2026?
Based on GuruFocus' analysis, Olectra Greentech stock appears to be undervalued.
The current stock price of ₹1,512.40 is trading 34.4% below its estimated GF Value™ of ₹2,305.83.
GuruFocus considers Olectra Greentech to be Possible Value Trap.
Key valuation signals for NSE:OLECTRA:
ROE %: 18.09% (144% above median its 10-year median of 7.42)
GF Value™: ₹2,305.83 vs. price of ₹1,512.40 (34.4% below fair value)
Industry Position: 147.3% above the Farm & Heavy Construction Machinery median (#46 of 204)
No single metric tells the full story. See the NSE:OLECTRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Olectra Greentech Ltd is engaged in the manufacturing of polymer insulators, electric trucks, and electric buses in India. The company's reportable segments are; Composite Polymer Insulators, and the E-Vehicle division which derives the majority of its revenue, and includes electric buses and trucks.
87GF Score
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