Shyam Dhani Industries (NSE:SHYAMDHANI) ROE %: 32.68% (As of Sep. 2025) — 20% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:SHYAMDHANI Shyam Dhani Industries Ltd NSE:SHYAMDHANI
14 GF Score
Price ₹59.25
! 5 Warning Signs
View Full Analysis

What is Shyam Dhani Industries ROE %?

Shyam Dhani Industries NSE:SHYAMDHANI +4.50% 14 ROE % is 32.68% as of Sep. 2025, which is 20% below its 10-year median of 41.06. GuruFocus rates NSE:SHYAMDHANI with a GF Score™ of 14/100. The stock has 5 warning signs investors should review. Among 1,923 Consumer Packaged Goods companies, Shyam Dhani Industries ranks better than 79.41% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Shyam Dhani Industries's annualized net income for the quarter that ended in Sep. 2025 was ₹84.0 Mil. Shyam Dhani Industries's average Total Stockholders Equity over the quarter that ended in Sep. 2025 was ₹257.1 Mil. Therefore, Shyam Dhani Industries's annualized ROE % for the quarter that ended in Sep. 2025 was 32.68%.

The historical rank and industry rank for Shyam Dhani Industries's ROE % or its related term are showing as below:

NSE:SHYAMDHANI' s ROE % Range Over the Past 10 Years
Min: 16.34   Med: 41.06   Max: 50.78
Current: 16.34

During the past 3 years, Shyam Dhani Industries's highest ROE % was 50.78%. The lowest was 16.34%. And the median was 41.06%.

NSE:SHYAMDHANI's ROE % is ranked better than
79.41% of 1923 companies
in the Consumer Packaged Goods industry
Industry Median: 6.87 vs NSE:SHYAMDHANI: 16.34

Shyam Dhani Industries  (NSE:SHYAMDHANI) 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
=84.006/257.0555
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(84.006 / 1275.592)*(1275.592 / 856.3045)*(856.3045 / 257.0555)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.59 %*1.4896*3.3312
=ROA %*Equity Multiplier
=9.82 %*3.3312
=32.68 %

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
=84.006/257.0555
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (84.006 / 112.79) * (112.79 / 153.096) * (153.096 / 1275.592) * (1275.592 / 856.3045) * (856.3045 / 257.0555)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7448 * 0.7367 * 12 % * 1.4896 * 3.3312
=32.68 %

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.


Shyam Dhani Industries ROE % Related Terms


Shyam Dhani Industries ROE % Historical Data

* Premium members only.

The historical data trend for Shyam Dhani Industries'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.

Shyam Dhani Industries ROE % Chart

Shyam Dhani Industries Annual Data
Trend Mar23 Mar24 Mar25
ROE %
31.57 50.78 41.06

Shyam Dhani Industries Semi-Annual Data
Mar23 Mar24 Mar25 Sep25
ROE % 0.00 0.00 0.00 32.68

NSE:SHYAMDHANI vs KHC, GIS: ROE % Comparison

For the Packaged Foods subindustry, Shyam Dhani Industries'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.


Shyam Dhani Industries ROE % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shyam Dhani Industries's ROE % distribution charts can be found below:

* The bar in red indicates where Shyam Dhani Industries's ROE % falls into.


NSE:SHYAMDHANI
14GF Score
Shyam Dhani Industries Ltd NSE:SHYAMDHANI
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shyam Dhani Industries ROE % Calculation

Shyam Dhani Industries'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 )
=80.416/( (155.638+236.054)/ 2 )
=80.416/195.846
=41.06 %

Shyam Dhani Industries'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 )
=84.006/( (236.054+278.057)/ 2 )
=84.006/257.0555
=32.68 %

* 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 32.68% mean?
Shyam Dhani Industries (NSE:SHYAMDHANI) has a ROE % of 32.68% 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 Shyam Dhani Industries and its competitors. This is 20% below median its historical median of 41.06. Over the past decade, Shyam Dhani Industries' ROE % has ranged from 16.34 to 50.78. According to the industry distribution chart, Shyam Dhani Industries ranks #396 out of 1923 companies in the Consumer Packaged Goods industry, placing it in the top 20.6%.
Is Shyam Dhani Industries' ROE % too high?
Shyam Dhani Industries' current ROE % of 32.68% is 20% below median its 10-year median of 41.06. Over the past 10 years, this metric has ranged from a low of 16.34 to a high of 50.78. The Consumer Packaged Goods industry median ROE % is 6.87. Shyam Dhani Industries' value of 32.68% is 375.7% above this industry median. Based on the distribution chart, Shyam Dhani Industries ranks #396 out of 1923 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Shyam Dhani Industries has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Shyam Dhani Industries' ROE % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Shyam Dhani Industries ranks #396 out of 1923 companies for ROE %. This places Shyam Dhani Industries in the top 21% of its industry — outperforming the majority of peers. The industry median ROE % is 6.87. Shyam Dhani Industries' value of 32.68% is 375.7% above this benchmark. Historically, Shyam Dhani Industries' own ROE % has ranged from 16.34 to 50.78 over the past decade. While the company's 10-year median is 41.06 vs. the industry median of 6.87, Shyam Dhani Industries 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 Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.87, based on 1,923 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. Shyam Dhani Industries's current ROE % of 32.68% is 375.7% 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 Shyam Dhani Industries and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shyam Dhani Industries's current ROE % is 32.68%, which is 20% below median its own 10-year median of 41.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shyam Dhani Industries stock overvalued right now?
Shyam Dhani Industries (NSE:SHYAMDHANI) has a current ROE % of 32.68%. The current ROE % is 32.68%, which is 20% below median its 10-year median of 41.06 and 375.7% above the Consumer Packaged Goods industry median of 6.87. Shyam Dhani Industries' overall GF Score™ is 14/100 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 Shyam Dhani Industries (NSE:SHYAMDHANI), the current ROE % is 32.68% 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.

Shyam Dhani Industries Business Description

Address Road No. 12, F-438-A, VKIA, Jaipur, RJ, IND, 302013
Shyam Dhani Industries Ltd is engaged in the manufacturing and processing of varieties of spices such as Ground Spices, Blend Spices and Whole Spices under the brand name 'SHYAM'. The company is also engaged in trading and distribution of Grocery Products such as Black Salt, Rock Salt, Rice, Poha, Kasuri Methi (Dried Fenugreek) etc. and a diverse range of Herbs and seasonings which includes Organo, Peri Peri, Chilli Flakes, Mixed Herbs, Onion Flakes, Tomato Powder etc. its product categories include Ground Spices, Blend Spices, Blend Spices and Grocery Products. The majority of the company's revenue is derived from the sale of Ground Spices.
14GF Score

Get the complete analysis for NSE:SHYAMDHANI

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

₹59.25
Price