Parin Enterprises (NSE:PARIN) ROE %: 10.73% (As of Mar. 2026) — 12% Above Median


NSE:PARIN Parin Enterprises Ltd NSE:PARIN
80 GF Score
Price ₹715.30
GF Value ₹638.41
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Parin Enterprises ROE %?

Parin Enterprises NSE:PARIN +0.06% 80 ROE % is 10.73% as of Mar. 2026, which is 12% above its 10-year median of 9.58. GuruFocus rates NSE:PARIN with a GF Score™ of 80/100 and a GF Value™ of ₹638.41 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 425 Furnishings, Fixtures & Appliances companies, Parin Enterprises ranks better than 71.29% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Parin Enterprises's annualized net income for the quarter that ended in Mar. 2026 was ₹76 Mil. Parin Enterprises's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹708 Mil. Therefore, Parin Enterprises's annualized ROE % for the quarter that ended in Mar. 2026 was 10.73%.

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

NSE:PARIN' s ROE % Range Over the Past 10 Years
Min: 4   Med: 9.58   Max: 33.24
Current: 9.19

During the past 13 years, Parin Enterprises's highest ROE % was 33.24%. The lowest was 4.00%. And the median was 9.58%.

NSE:PARIN's ROE % is ranked better than
71.29% of 425 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.51 vs NSE:PARIN: 9.19

Parin Enterprises  (NSE:PARIN) 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
=75.928/707.71
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(75.928 / 2779.588)*(2779.588 / 1906.6845)*(1906.6845 / 707.71)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.73 %*1.4578*2.6942
=ROA %*Equity Multiplier
=3.98 %*2.6942
=10.73 %

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
=75.928/707.71
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (75.928 / 119.406) * (119.406 / 180.09) * (180.09 / 2779.588) * (2779.588 / 1906.6845) * (1906.6845 / 707.71)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6359 * 0.663 * 6.48 % * 1.4578 * 2.6942
=10.73 %

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.


Parin Enterprises ROE % Related Terms


Parin Enterprises ROE % Historical Data

* Premium members only.

The historical data trend for Parin Enterprises'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.

Parin Enterprises ROE % Chart

Parin Enterprises 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 8.18 5.70 4.00 10.34 9.05

Parin Enterprises Semi-Annual Data
Mar15 Mar16 Mar17 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 2.73 3.78 16.90 7.66 10.73

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

For the Furnishings, Fixtures & Appliances subindustry, Parin Enterprises'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.


Parin Enterprises ROE % vs Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Parin Enterprises's ROE % falls into.


NSE:PARIN
80GF Score
Parin Enterprises Ltd NSE:PARIN
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Parin Enterprises ROE % Calculation

Parin Enterprises'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 )
=62.915/( (638.779+751.69)/ 2 )
=62.915/695.2345
=9.05 %

Parin Enterprises'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 )
=75.928/( (663.73+751.69)/ 2 )
=75.928/707.71
=10.73 %

* 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 10.73% mean?
Parin Enterprises (NSE:PARIN) has a ROE % of 10.73% 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 Parin Enterprises and its competitors. This is 12% above median its historical median of 9.58. Over the past decade, Parin Enterprises' ROE % has ranged from 4.00 to 33.24. According to the industry distribution chart, Parin Enterprises ranks #122 out of 425 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 28.7%.
Is Parin Enterprises' ROE % too high?
Parin Enterprises' current ROE % of 10.73% is 12% above median its 10-year median of 9.58. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 33.24. The Furnishings, Fixtures & Appliances industry median ROE % is 4.51. Parin Enterprises' value of 10.73% is 137.9% above this industry median. Based on the distribution chart, Parin Enterprises ranks #122 out of 425 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Parin Enterprises has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Parin Enterprises' ROE % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Parin Enterprises ranks #122 out of 425 companies for ROE %. This puts Parin Enterprises in the upper half of its industry. The industry median ROE % is 4.51. Parin Enterprises' value of 10.73% is 137.9% above this benchmark. Historically, Parin Enterprises' own ROE % has ranged from 4.00 to 33.24 over the past decade. While the company's 10-year median is 9.58 vs. the industry median of 4.51, Parin Enterprises 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 4.51, based on 425 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. Parin Enterprises's current ROE % of 10.73% is 137.9% 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 Parin Enterprises and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROE % is 4.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parin Enterprises's current ROE % is 10.73%, which is 12% above median its own 10-year median of 9.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parin Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Parin Enterprises (NSE:PARIN) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹638.41, compared to a current price of ₹715.30 — trading 12% above its estimated fair value. The current ROE % is 10.73%, which is 12% above median its 10-year median of 9.58 and 137.9% above the Furnishings, Fixtures & Appliances industry median of 4.51. Parin Enterprises' overall GF Score™ is 80/100 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 Parin Enterprises (NSE:PARIN), the current ROE % is 10.73% 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 Parin Enterprises (NSE:PARIN) Overvalued in 2026?

Based on GuruFocus' analysis, Parin Enterprises stock appears to be overvalued. The current stock price of ₹715.30 is trading 12% above its estimated GF Value™ of ₹638.41. GuruFocus considers Parin Enterprises to be Modestly Overvalued.

Key valuation signals for NSE:PARIN:

  • ROE %: 10.73% (12% above median its 10-year median of 9.58)
  • GF Value™: ₹638.41 vs. price of ₹715.30 (12% above fair value)
  • GF Score™: 80/100 with 7 warning signs
  • Industry Position: 137.9% above the Furnishings, Fixtures & Appliances median (#122 of 425)

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


Parin Enterprises Business Description

Address Taluka Gondal , National Highway 8B, Plot No. 1, 2 & 3, Revenue Survey No. 33, Billayala village, Rajkot, GJ, IND, 360311
Parin Enterprises Ltd formerly, Parin Furniture Ltd is engaged in manufacturing furniture, fixtures & related items. The company offers home furniture, office furniture, hospital furniture, educational furniture, and Institutional furniture. It generates its revenue from the sale of furniture products and interest income. The company is based in Rajkot with its presence at Rajkot, Ahmedabad, Surat, Mumbai, Kolkata, Junagadh, Mehsana, Kodinar, and Bhubaneshwar. It is spread across a wide area and includes different units such as procurement, designing, quality control, warehousing & packaging, etc.
80GF Score

Get the complete analysis for NSE:PARIN

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

₹715.30
Price
₹638.41
GF Value