Thinking Hats Entertainment Solutions (NSE:THESL) ROE %: 3.49% (As of Mar. 2026) — 81% Below Median


NSE:THESL Thinking Hats Entertainment Solutions Ltd NSE:THESL
16 GF Score
Price ₹13.00
! 6 Warning Signs
View Full Analysis

What is Thinking Hats Entertainment Solutions ROE %?

Thinking Hats Entertainment Solutions NSE:THESL 16 ROE % is 3.49% as of Mar. 2026, which is 81% below its 10-year median of 18.81. GuruFocus rates NSE:THESL with a GF Score™ of 16/100. The stock has 6 warning signs investors should review. Among 958 Media - Diversified companies, Thinking Hats Entertainment Solutions ranks better than 56.26% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Thinking Hats Entertainment Solutions's annualized net income for the quarter that ended in Mar. 2026 was ₹10.1 Mil. Thinking Hats Entertainment Solutions's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹289.6 Mil. Therefore, Thinking Hats Entertainment Solutions's annualized ROE % for the quarter that ended in Mar. 2026 was 3.49%.

The historical rank and industry rank for Thinking Hats Entertainment Solutions's ROE % or its related term are showing as below:

NSE:THESL' s ROE % Range Over the Past 10 Years
Min: 4.35   Med: 18.81   Max: 42.46
Current: 4.35

During the past 5 years, Thinking Hats Entertainment Solutions's highest ROE % was 42.46%. The lowest was 4.35%. And the median was 18.81%.

NSE:THESL's ROE % is ranked better than
56.26% of 958 companies
in the Media - Diversified industry
Industry Median: 2.47 vs NSE:THESL: 4.35

Thinking Hats Entertainment Solutions  (NSE:THESL) 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
=10.116/289.574
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(10.116 / 303.174)*(303.174 / 467.6015)*(467.6015 / 289.574)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.34 %*0.6484*1.6148
=ROA %*Equity Multiplier
=2.17 %*1.6148
=3.49 %

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
=10.116/289.574
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (10.116 / 12.348) * (12.348 / 13.416) * (13.416 / 303.174) * (303.174 / 467.6015) * (467.6015 / 289.574)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8192 * 0.9204 * 4.43 % * 0.6484 * 1.6148
=3.49 %

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.

Thinking Hats Entertainment Solutions ROE % Related Terms

Thinking Hats Entertainment Solutions ROE % Historical Data

* Premium members only.

The historical data trend for Thinking Hats Entertainment Solutions'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.

Thinking Hats Entertainment Solutions ROE % Chart

Thinking Hats Entertainment Solutions Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
9.99 42.46 36.96 18.81 4.35

Thinking Hats Entertainment Solutions Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
ROE % Get a 7-Day Free Trial 0.00 46.57 18.32 5.21 3.49

NSE:THESL vs APP, OMC, TTD: ROE % Comparison

For the Advertising Agencies subindustry, Thinking Hats Entertainment Solutions'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.

Thinking Hats Entertainment Solutions ROE % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Thinking Hats Entertainment Solutions's ROE % distribution charts can be found below:

* The bar in red indicates where Thinking Hats Entertainment Solutions's ROE % falls into.


NSE:THESL
16GF Score
Thinking Hats Entertainment Solutions Ltd NSE:THESL
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thinking Hats Entertainment Solutions ROE % Calculation

Thinking Hats Entertainment Solutions'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 )
=12.442/( (279.661+292.103)/ 2 )
=12.442/285.882
=4.35 %

Thinking Hats Entertainment Solutions'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 )
=10.116/( (287.045+292.103)/ 2 )
=10.116/289.574
=3.49 %

* 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 3.49% mean?
Thinking Hats Entertainment Solutions (NSE:THESL) has a ROE % of 3.49% 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 Thinking Hats Entertainment Solutions and its competitors. This is 81% below median its historical median of 18.81. Over the past decade, Thinking Hats Entertainment Solutions' ROE % has ranged from 4.35 to 42.46. According to the industry distribution chart, Thinking Hats Entertainment Solutions ranks #419 out of 958 companies in the Media - Diversified industry, placing it in the top 43.7%.
Is Thinking Hats Entertainment Solutions' ROE % too high?
Thinking Hats Entertainment Solutions' current ROE % of 3.49% is 81% below median its 10-year median of 18.81. Over the past 10 years, this metric has ranged from a low of 4.35 to a high of 42.46. The Media - Diversified industry median ROE % is 2.47. Thinking Hats Entertainment Solutions' value of 3.49% is 41.3% above this industry median. Based on the distribution chart, Thinking Hats Entertainment Solutions ranks #419 out of 958 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Thinking Hats Entertainment Solutions has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Thinking Hats Entertainment Solutions' ROE % compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Thinking Hats Entertainment Solutions ranks #419 out of 958 companies for ROE %. This puts Thinking Hats Entertainment Solutions in the upper half of its industry. The industry median ROE % is 2.47. Thinking Hats Entertainment Solutions' value of 3.49% is 41.3% above this benchmark. Historically, Thinking Hats Entertainment Solutions' own ROE % has ranged from 4.35 to 42.46 over the past decade. While the company's 10-year median is 18.81 vs. the industry median of 2.47, Thinking Hats Entertainment Solutions 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 Media - Diversified company?
The median ROE % among Media - Diversified companies is 2.47, based on 958 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. Thinking Hats Entertainment Solutions's current ROE % of 3.49% is 41.3% 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 Thinking Hats Entertainment Solutions and its competitors. For the Media - Diversified industry, the median ROE % is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thinking Hats Entertainment Solutions's current ROE % is 3.49%, which is 81% below median its own 10-year median of 18.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thinking Hats Entertainment Solutions stock overvalued right now?
Thinking Hats Entertainment Solutions (NSE:THESL) has a current ROE % of 3.49%. The current ROE % is 3.49%, which is 81% below median its 10-year median of 18.81 and 41.3% above the Media - Diversified industry median of 2.47. Thinking Hats Entertainment Solutions' overall GF Score™ is 16/100 with 6 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 Thinking Hats Entertainment Solutions (NSE:THESL), the current ROE % is 3.49% 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.

Thinking Hats Entertainment Solutions Business Description

Address 5th Floor, B 9 Pinnacle Business, Park Sector 3 Noida, Gautam Buddha Nagar, Noida, UP, IND, 201301
Thinking Hats Entertainment Solutions Ltd is a concept development, event design and production company that specializes in live events, corporate, MICE (Meetings, Incentives, Conferences and Exhibitions), social and virtual events to an OTT content production and experiential marketing company with a focus on content development, intellectual property curation and tech centric product development. The company operates in two reportable segment (Business segment) i.e. Event Management and OTT Sales. Key revenue is generated from Event Management segment.
16GF Score

Get the complete analysis for NSE:THESL

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

₹13.00
Price