Vera Synthetic (NSE:VERA) ROE %: 6.00% (As of Mar. 2026) — 52% Below Median

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NSE:VERA Vera Synthetic Ltd NSE:VERA
84 GF Score
Price ₹86.25
GF Value ₹83.01
Valuation Fairly Valued
! 6 Warning Signs
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What is Vera Synthetic ROE %?

Vera Synthetic NSE:VERA 84 ROE % is 6.00% as of Mar. 2026, which is 52% below its 10-year median of 12.46. GuruFocus rates NSE:VERA with a GF Score™ of 84/100 and a GF Value™ of ₹83.01 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,031 Manufacturing - Apparel & Accessories companies, Vera Synthetic ranks better than 80.02% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Vera Synthetic's annualized net income for the quarter that ended in Mar. 2026 was ₹15.4 Mil. Vera Synthetic's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹257.1 Mil. Therefore, Vera Synthetic's annualized ROE % for the quarter that ended in Mar. 2026 was 6.00%.

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

NSE:VERA' s ROE % Range Over the Past 10 Years
Min: 8.97   Med: 12.46   Max: 22.68
Current: 14.23

During the past 13 years, Vera Synthetic's highest ROE % was 22.68%. The lowest was 8.97%. And the median was 12.46%.

NSE:VERA's ROE % is ranked better than
80.02% of 1031 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.59 vs NSE:VERA: 14.23

Vera Synthetic  (NSE:VERA) 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
=15.435/257.0945
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(15.435 / 235.351)*(235.351 / 305.064)*(305.064 / 257.0945)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.56 %*0.7715*1.1866
=ROA %*Equity Multiplier
=5.06 %*1.1866
=6.00 %

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
=15.435/257.0945
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (15.435 / 22.904) * (22.904 / 18.269) * (18.269 / 235.351) * (235.351 / 305.064) * (305.064 / 257.0945)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6739 * 1.2537 * 7.76 % * 0.7715 * 1.1866
=6.00 %

Note: The net income data used here is one times the annual (Mar. 2026) net income data. The Revenue data used here is one times the 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.


Vera Synthetic ROE % Related Terms


Vera Synthetic ROE % Historical Data

* Premium members only.

The historical data trend for Vera Synthetic'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.

Vera Synthetic ROE % Chart

Vera Synthetic 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 12.05 9.99 8.97 9.24 14.27

Vera Synthetic Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 10.27 6.02 3.35 8.28 6.00

Vera Synthetic ROE % Competitor Comparison

For the Textile Manufacturing subindustry, Vera Synthetic'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.


Vera Synthetic ROE % vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Vera Synthetic's ROE % falls into.


NSE:VERA
84GF Score
Vera Synthetic Ltd NSE:VERA
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vera Synthetic ROE % Calculation

Vera Synthetic'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 )
=35.271/( (229.541+264.812)/ 2 )
=35.271/247.1765
=14.27 %

Vera Synthetic'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 )
=15.435/( (249.377+264.812)/ 2 )
=15.435/257.0945
=6.00 %

* 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 one times the 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 6.00% mean?
Vera Synthetic (NSE:VERA) has a ROE % of 6.00% 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 Vera Synthetic and its competitors. This is 52% below median its historical median of 12.46. Over the past decade, Vera Synthetic's ROE % has ranged from 8.97 to 22.68. According to the industry distribution chart, Vera Synthetic ranks #206 out of 1031 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 20%.
Is Vera Synthetic's ROE % too high?
Vera Synthetic's current ROE % of 6.00% is 52% below median its 10-year median of 12.46. Over the past 10 years, this metric has ranged from a low of 8.97 to a high of 22.68. The Manufacturing - Apparel & Accessories industry median ROE % is 4.59. Vera Synthetic's value of 6.00% is 30.7% above this industry median. Based on the distribution chart, Vera Synthetic ranks #206 out of 1031 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Vera Synthetic has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vera Synthetic's ROE % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Vera Synthetic ranks #206 out of 1031 companies for ROE %. This places Vera Synthetic in the top 20% of its industry — outperforming the majority of peers. The industry median ROE % is 4.59. Vera Synthetic's value of 6.00% is 30.7% above this benchmark. Historically, Vera Synthetic's own ROE % has ranged from 8.97 to 22.68 over the past decade. While the company's 10-year median is 12.46 vs. the industry median of 4.59, Vera Synthetic 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 4.59, based on 1,031 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. Vera Synthetic's current ROE % of 6.00% is 30.7% 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 Vera Synthetic and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROE % is 4.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vera Synthetic's current ROE % is 6.00%, which is 52% below median its own 10-year median of 12.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vera Synthetic stock overvalued right now?
Based on GuruFocus' analysis, Vera Synthetic (NSE:VERA) is currently considered Fairly Valued. The stock's GF Value™ is ₹83.01, compared to a current price of ₹86.25 — trading 3.9% above its estimated fair value. The current ROE % is 6.00%, which is 52% below median its 10-year median of 12.46 and 30.7% above the Manufacturing - Apparel & Accessories industry median of 4.59. Vera Synthetic's overall GF Score™ is 84/100 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 Vera Synthetic (NSE:VERA), the current ROE % is 6.00% 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 Vera Synthetic (NSE:VERA) Overvalued in 2026?

Based on GuruFocus' analysis, Vera Synthetic stock appears to be overvalued. The current stock price of ₹86.25 is trading 3.9% above its estimated GF Value™ of ₹83.01. GuruFocus considers Vera Synthetic to be Fairly Valued.

Key valuation signals for NSE:VERA:

  • ROE %: 6.00% (52% below median its 10-year median of 12.46)
  • GF Value™: ₹83.01 vs. price of ₹86.25 (3.9% above fair value)
  • GF Score™: 84/100 with 6 warning signs
  • Industry Position: 30.7% above the Manufacturing - Apparel & Accessories median (#206 of 1031)

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


Vera Synthetic Business Description

Address Dairy Road, Devubag, Office Number Upper Level (UL) - 27, Pattani Plaza, Bhavnagar, GJ, IND, 364002
Vera Synthetic Ltd is engaged in the manufacturing of fishing nets, ropes, twines yarns, mainly high density plastic products. The company manufactures products for the fishing industry and other allied uses. Its product portfolio includes High-Density Polyethylene (HDPE) fishing nets and twines, Polyester ropes, PP yarns, and Pet straps. It manufactures and markets its product under the brand name Sujlon. Geographically, it operates only in India.
84GF Score

Get the complete analysis for NSE:VERA

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

₹86.25
Price
₹83.01
GF Value