S D Retail (NSE:SDREAMS) ROE %: 16.72% (As of Mar. 2026) — 35% Above Median


NSE:SDREAMS S D Retail Ltd NSE:SDREAMS
39 GF Score
Price ₹91.00
! 5 Warning Signs
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What is S D Retail ROE %?

S D Retail NSE:SDREAMS 39 ROE % is 16.72% as of Mar. 2026, which is 35% above its 10-year median of 12.35. GuruFocus rates NSE:SDREAMS with a GF Score™ of 39/100. The stock has 5 warning signs investors should review. Among 1,024 Manufacturing - Apparel & Accessories companies, S D Retail ranks better than 68.55% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. S D Retail's annualized net income for the quarter that ended in Mar. 2026 was ₹193 Mil. S D Retail's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹1,154 Mil. Therefore, S D Retail's annualized ROE % for the quarter that ended in Mar. 2026 was 16.72%.

The historical rank and industry rank for S D Retail's ROE % or its related term are showing as below:

NSE:SDREAMS' s ROE % Range Over the Past 10 Years
Min: 1.88   Med: 12.35   Max: 40.69
Current: 8.6

During the past 6 years, S D Retail's highest ROE % was 40.69%. The lowest was 1.88%. And the median was 12.35%.

NSE:SDREAMS's ROE % is ranked better than
68.55% of 1024 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.135 vs NSE:SDREAMS: 8.60

S D Retail  (NSE:SDREAMS) 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
=192.968/1153.874
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(192.968 / 2353.524)*(2353.524 / 1746.656)*(1746.656 / 1153.874)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.2 %*1.3474*1.5137
=ROA %*Equity Multiplier
=11.05 %*1.5137
=16.72 %

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
=192.968/1153.874
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (192.968 / 257.972) * (257.972 / 283.308) * (283.308 / 2353.524) * (2353.524 / 1746.656) * (1746.656 / 1153.874)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.748 * 0.9106 * 12.04 % * 1.3474 * 1.5137
=16.72 %

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.


S D Retail ROE % Related Terms


S D Retail ROE % Historical Data

* Premium members only.

The historical data trend for S D Retail'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.

S D Retail ROE % Chart

S D Retail Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial 40.69 13.42 20.33 11.27 8.48

S D Retail Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only 52.11 -1.48 17.11 0.24 16.72

NSE:SDREAMS vs RL, LEVI, VFC: ROE % Comparison

For the Apparel Manufacturing subindustry, S D Retail'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.


S D Retail ROE % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, S D Retail's ROE % distribution charts can be found below:

* The bar in red indicates where S D Retail's ROE % falls into.


NSE:SDREAMS
39GF Score
S D Retail Ltd NSE:SDREAMS
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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S D Retail ROE % Calculation

S D Retail'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 )
=97.792/( (1104.324+1202.116)/ 2 )
=97.792/1153.22
=8.48 %

S D Retail'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 )
=192.968/( (1105.632+1202.116)/ 2 )
=192.968/1153.874
=16.72 %

* 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 16.72% mean?
S D Retail (NSE:SDREAMS) has a ROE % of 16.72% 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 S D Retail and its competitors. This is 35% above median its historical median of 12.35. Over the past decade, S D Retail's ROE % has ranged from 1.88 to 40.69. According to the industry distribution chart, S D Retail ranks #322 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 31.4%.
Is S D Retail's ROE % too high?
S D Retail's current ROE % of 16.72% is 35% above median its 10-year median of 12.35. Over the past 10 years, this metric has ranged from a low of 1.88 to a high of 40.69. The Manufacturing - Apparel & Accessories industry median ROE % is 4.14. S D Retail's value of 16.72% is 304.4% above this industry median. Based on the distribution chart, S D Retail ranks #322 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, S D Retail has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does S D Retail's ROE % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, S D Retail ranks #322 out of 1024 companies for ROE %. This puts S D Retail in the upper half of its industry. The industry median ROE % is 4.14. S D Retail's value of 16.72% is 304.4% above this benchmark. Historically, S D Retail's own ROE % has ranged from 1.88 to 40.69 over the past decade. While the company's 10-year median is 12.35 vs. the industry median of 4.14, S D Retail 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 Manufacturing - Apparel & Accessories company?
The median ROE % among Manufacturing - Apparel & Accessories companies is 4.14, based on 1,024 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. S D Retail's current ROE % of 16.72% is 304.4% 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 S D Retail and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROE % is 4.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S D Retail's current ROE % is 16.72%, which is 35% above median its own 10-year median of 12.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S D Retail stock overvalued right now?
S D Retail (NSE:SDREAMS) has a current ROE % of 16.72%. The current ROE % is 16.72%, which is 35% above median its 10-year median of 12.35 and 304.4% above the Manufacturing - Apparel & Accessories industry median of 4.14. S D Retail's overall GF Score™ is 39/100 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 S D Retail (NSE:SDREAMS), the current ROE % is 16.72% 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.

S D Retail Business Description

Address C-929, Stratum at Venus ground, Near Jhansi Ki Rani Statue, Nehrunagar, Ambawadi, Ahmedabad, GJ, IND, 380006
S D Retail Ltd is in the business of designing, manufacturing, outsourcing, marketing, and retailing sleepwear under the brand name SWEET DREAMS. It is a sleepwear-focused company offering a portfolio of stylish and comfortable sleepwear for the entire family. The company designs products to cater to men and women across all age groups, including kids, and includes Pyjamas, Night Sets, Nighties, T-shirts, etc. Key revenue is generated from India.
39GF Score

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