Shringar House Of Mangalsutra (NSE:SHRINGARMS) ROE %: 20.07% (As of Mar. 2026) — 22% Below Median


NSE:SHRINGARMS Shringar House Of Mangalsutra Ltd NSE:SHRINGARMS
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What is Shringar House Of Mangalsutra ROE %?

Shringar House Of Mangalsutra NSE:SHRINGARMS +1.43% 18 ROE % is 20.07% as of Mar. 2026, which is 22% below its 10-year median of 25.65. GuruFocus rates NSE:SHRINGARMS with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 1,092 Retail - Cyclical companies, Shringar House Of Mangalsutra ranks better than 78.11% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Shringar House Of Mangalsutra's annualized net income for the quarter that ended in Mar. 2026 was ₹1,360 Mil. Shringar House Of Mangalsutra's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹6,778 Mil. Therefore, Shringar House Of Mangalsutra's annualized ROE % for the quarter that ended in Mar. 2026 was 20.07%.

The historical rank and industry rank for Shringar House Of Mangalsutra's ROE % or its related term are showing as below:

NSE:SHRINGARMS' s ROE % Range Over the Past 10 Years
Min: 17.52   Med: 25.65   Max: 36.2
Current: 17.52

During the past 5 years, Shringar House Of Mangalsutra's highest ROE % was 36.20%. The lowest was 17.52%. And the median was 25.65%.

NSE:SHRINGARMS's ROE % is ranked better than
78.11% of 1092 companies
in the Retail - Cyclical industry
Industry Median: 6.49 vs NSE:SHRINGARMS: 17.52

Shringar House Of Mangalsutra  (NSE:SHRINGARMS) 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
=1360.2/6777.94
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1360.2 / 29022.24)*(29022.24 / 8917.38)*(8917.38 / 6777.94)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.69 %*3.2546*1.3156
=ROA %*Equity Multiplier
=15.26 %*1.3156
=20.07 %

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
=1360.2/6777.94
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1360.2 / 1755.56) * (1755.56 / 1744.12) * (1744.12 / 29022.24) * (29022.24 / 8917.38) * (8917.38 / 6777.94)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7748 * 1.0066 * 6.01 % * 3.2546 * 1.3156
=20.07 %

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.


Shringar House Of Mangalsutra ROE % Related Terms


Shringar House Of Mangalsutra ROE % Historical Data

* Premium members only.

The historical data trend for Shringar House Of Mangalsutra'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.

Shringar House Of Mangalsutra ROE % Chart

Shringar House Of Mangalsutra Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
24.61 24.84 25.65 36.20 26.29

Shringar House Of Mangalsutra Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only 30.29 30.31 22.51 19.72 20.07

NSE:SHRINGARMS vs TPR: ROE % Comparison

For the Luxury Goods subindustry, Shringar House Of Mangalsutra'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.


Shringar House Of Mangalsutra ROE % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shringar House Of Mangalsutra's ROE % distribution charts can be found below:

* The bar in red indicates where Shringar House Of Mangalsutra's ROE % falls into.


NSE:SHRINGARMS
18GF Score
Shringar House Of Mangalsutra Ltd NSE:SHRINGARMS
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shringar House Of Mangalsutra ROE % Calculation

Shringar House Of Mangalsutra'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 )
=1154.92/( (2008.45+6777.94)/ 2 )
=1154.92/4393.195
=26.29 %

Shringar House Of Mangalsutra's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=1360.2/( (0+6777.94)/ 1 )
=1360.2/6777.94
=20.07 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 20.07% mean?
Shringar House Of Mangalsutra (NSE:SHRINGARMS) has a ROE % of 20.07% 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 Shringar House Of Mangalsutra and its competitors. This is 22% below median its historical median of 25.65. Over the past decade, Shringar House Of Mangalsutra's ROE % has ranged from 17.52 to 36.20. According to the industry distribution chart, Shringar House Of Mangalsutra ranks #239 out of 1092 companies in the Retail - Cyclical industry, placing it in the top 21.9%.
Is Shringar House Of Mangalsutra's ROE % too high?
Shringar House Of Mangalsutra's current ROE % of 20.07% is 22% below median its 10-year median of 25.65. Over the past 10 years, this metric has ranged from a low of 17.52 to a high of 36.20. The Retail - Cyclical industry median ROE % is 6.49. Shringar House Of Mangalsutra's value of 20.07% is 209.2% above this industry median. Based on the distribution chart, Shringar House Of Mangalsutra ranks #239 out of 1092 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Shringar House Of Mangalsutra has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Shringar House Of Mangalsutra's ROE % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Shringar House Of Mangalsutra ranks #239 out of 1092 companies for ROE %. This places Shringar House Of Mangalsutra in the top 22% of its industry — outperforming the majority of peers. The industry median ROE % is 6.49. Shringar House Of Mangalsutra's value of 20.07% is 209.2% above this benchmark. Historically, Shringar House Of Mangalsutra's own ROE % has ranged from 17.52 to 36.20 over the past decade. While the company's 10-year median is 25.65 vs. the industry median of 6.49, Shringar House Of Mangalsutra 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 Retail - Cyclical company?
The median ROE % among Retail - Cyclical companies is 6.49, based on 1,092 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. Shringar House Of Mangalsutra's current ROE % of 20.07% is 209.2% 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 Shringar House Of Mangalsutra and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shringar House Of Mangalsutra's current ROE % is 20.07%, which is 22% below median its own 10-year median of 25.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shringar House Of Mangalsutra stock overvalued right now?
Shringar House Of Mangalsutra (NSE:SHRINGARMS) has a current ROE % of 20.07%. The current ROE % is 20.07%, which is 22% below median its 10-year median of 25.65 and 209.2% above the Retail - Cyclical industry median of 6.49. Shringar House Of Mangalsutra's overall GF Score™ is 18/100 with 3 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 Shringar House Of Mangalsutra (NSE:SHRINGARMS), the current ROE % is 20.07% 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.

Shringar House Of Mangalsutra Business Description

Other Exchanges 544512:India
Address 175, Kalbadevi Road, Unit No. B-1, Lower Ground Floor, Jewel World Cotton Exchange Building, Bhuleshwar, Mumbai, MH, IND, 400 002
Shringar House Of Mangalsutra Ltd is amongst the specialised designers and manufacturers of Mangalsutra in India. It is engaged in designing, manufacturing, and marketing, a varied range of Mangalsutra studded with diverse range of stones including but not limited to, American diamond, cubic zirconia, pearl, mother of pearl, and semi-precious stones, in 18k and 22k purity of gold, to its business-to-business (B2B) clients. The company sells Its products to a diverse range of clients including Corporate Clients, wholesale jewellers, and retailers across the country, more particularly in twenty-four (24) states and four (4) union territories.
18GF Score

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