TSF Investments (NSE:TSFINV) ROE %: 10.68% (As of Mar. 2026) — 84% Above Median


NSE:TSFINV TSF Investments Ltd NSE:TSFINV
87 GF Score
Price ₹396.75
GF Value ₹2,040.48
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is TSF Investments ROE %?

TSF Investments NSE:TSFINV -1.73% 87 ROE % is 10.68% as of Mar. 2026, which is 84% above its 10-year median of 5.79. GuruFocus rates NSE:TSFINV with a GF Score™ of 87/100 and a GF Value™ of ₹2,040.48 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,609 Asset Management companies, TSF Investments ranks better than 59.6% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. TSF Investments's annualized net income for the quarter that ended in Mar. 2026 was ₹6,443 Mil. TSF Investments's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹60,330 Mil. Therefore, TSF Investments's annualized ROE % for the quarter that ended in Mar. 2026 was 10.68%.

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

NSE:TSFINV' s ROE % Range Over the Past 10 Years
Min: 0.05   Med: 5.79   Max: 12.75
Current: 8.92

During the past 11 years, TSF Investments's highest ROE % was 12.75%. The lowest was 0.05%. And the median was 5.79%.

NSE:TSFINV's ROE % is ranked better than
59.6% of 1609 companies
in the Asset Management industry
Industry Median: 6.52 vs NSE:TSFINV: 8.92

TSF Investments  (NSE:TSFINV) 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
=6442.86/60330.19
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(6442.86 / 10664.968)*(10664.968 / 67478.836)*(67478.836 / 60330.19)
=Net Margin %*Asset Turnover*Equity Multiplier
=60.41 %*0.158*1.1185
=ROA %*Equity Multiplier
=9.54 %*1.1185
=10.68 %

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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=6442.86/60330.19
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (6442.86 / 2221.648) * (2221.648 / 2120.808) * (2120.808 / 10664.968) * (10664.968 / 67478.836) * (67478.836 / 60330.19)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 2.9 * 1.0475 * 19.89 % * 0.158 * 1.1185
=10.68 %

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.


TSF Investments ROE % Related Terms


TSF Investments ROE % Historical Data

* Premium members only.

The historical data trend for TSF Investments'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.

TSF Investments ROE % Chart

TSF Investments 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 6.18 7.23 12.75 7.93 8.97

TSF Investments Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 7.64 11.21 6.80 6.97 10.68

NSE:TSFINV vs BLK, BX, KKR: ROE % Comparison

For the Asset Management subindustry, TSF Investments'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.


TSF Investments ROE % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, TSF Investments's ROE % distribution charts can be found below:

* The bar in red indicates where TSF Investments's ROE % falls into.


NSE:TSFINV
87GF Score
TSF Investments Ltd NSE:TSFINV
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TSF Investments ROE % Calculation

TSF Investments'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 )
=5217.768/( (56066.691+60330.19)/ 2 )
=5217.768/58198.4405
=8.97 %

TSF Investments'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 )
=6442.86/( (0+60330.19)/ 1 )
=6442.86/60330.19
=10.68 %

* 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 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 10.68% mean?
TSF Investments (NSE:TSFINV) has a ROE % of 10.68% 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 TSF Investments and its competitors. This is 84% above median its historical median of 5.79. Over the past decade, TSF Investments' ROE % has ranged from 0.05 to 12.75. According to the industry distribution chart, TSF Investments ranks #650 out of 1609 companies in the Asset Management industry, placing it in the top 40.4%.
Is TSF Investments' ROE % too high?
TSF Investments' current ROE % of 10.68% is 84% above median its 10-year median of 5.79. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 12.75. The Asset Management industry median ROE % is 6.52. TSF Investments' value of 10.68% is 63.8% above this industry median. Based on the distribution chart, TSF Investments ranks #650 out of 1609 companies in the Asset Management industry, which is above the industry midpoint. Overall, TSF Investments has a GF Score™ of 87/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TSF Investments' ROE % compare to BLK and BX?
According to the Asset Management industry distribution chart, TSF Investments ranks #650 out of 1609 companies for ROE %. This puts TSF Investments in the upper half of its industry. The industry median ROE % is 6.52. TSF Investments' value of 10.68% is 63.8% above this benchmark. Historically, TSF Investments' own ROE % has ranged from 0.05 to 12.75 over the past decade. While the company's 10-year median is 5.79 vs. the industry median of 6.52, TSF Investments 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 an Asset Management company?
The median ROE % among Asset Management companies is 6.52, based on 1,609 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. TSF Investments's current ROE % of 10.68% is 63.8% 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 TSF Investments and its competitors. For the Asset Management industry, the median ROE % is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSF Investments's current ROE % is 10.68%, which is 84% above median its own 10-year median of 5.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSF Investments stock overvalued right now?
Based on GuruFocus' analysis, TSF Investments (NSE:TSFINV) is currently considered Possible Value Trap. The stock's GF Value™ is ₹2,040.48, compared to a current price of ₹396.75 — trading 80.6% below its estimated fair value. The current ROE % is 10.68%, which is 84% above median its 10-year median of 5.79 and 63.8% above the Asset Management industry median of 6.52. TSF Investments' overall GF Score™ is 87/100 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 TSF Investments (NSE:TSFINV), the current ROE % is 10.68% 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 TSF Investments (NSE:TSFINV) Overvalued in 2026?

Based on GuruFocus' analysis, TSF Investments stock appears to be undervalued. The current stock price of ₹396.75 is trading 80.6% below its estimated GF Value™ of ₹2,040.48. GuruFocus considers TSF Investments to be Possible Value Trap.

Key valuation signals for NSE:TSFINV:

  • ROE %: 10.68% (84% above median its 10-year median of 5.79)
  • GF Value™: ₹2,040.48 vs. price of ₹396.75 (80.6% below fair value)
  • GF Score™: 87/100 with 3 warning signs
  • Industry Position: 63.8% above the Asset Management median (#650 of 1609)

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


TSF Investments Business Description

Address No. 21, Patullos Road, Chennai, TN, IND, 600002
TSF Investments Ltd is an investment company engaged in strategic investments in the automotive component and manufacturing industries, backed by the TSF group's century-long expertise in these sectors.
87GF Score

Get the complete analysis for NSE:TSFINV

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

₹396.75
Price
₹2,040.48
GF Value