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Highest ROE Stocks India 2026

Return on Equity (ROE) measures how efficiently a company generates profit from shareholders' capital. Warren Buffett's most cited metric — consistent 20%+ ROE indicates a quality business with competitive moats. Sustainable high ROE is the strongest predictor of long-term stock returns.

Expert note: High ROE businesses (HDFC Bank, TCS, Nestle, HUL, Asian Paints) have historically been India's best long-term wealth creators. Always check that high ROE isn't from excessive leverage.

50
Companies listed
₹8.90 L Cr
Largest by market cap
₹20
Lowest price
₹35770
Highest price
#CompanySectorLTP30D TrendMarket CapP/EROE %Rev YoYProfit YoY
1
SPARC
—₹185.07₹6,006 Cr3.9276.9%——
2
MADRASFERT
—₹57.53₹926.82 Cr13.4269.6%——
3
SHAHALLOYS
—₹74.32₹147.14 Cr3.6205.8%——
4
WAAREEINDO
—₹211.65₹880.54 Cr5.3150.6%——
5
KSOLVES
—₹246.23₹584.07 Cr16.3136.9%——
6
ASAL
—₹414.5₹657.58 Cr22.4123.3%——
7
PGHH
—₹7,148.5₹23,205 Cr29.4114.9%——
8
KIRIINDUS
—₹487.65₹3,178 Cr0.5114.9%——
9
TIPSMUSIC
Media₹771.7₹9,813 Cr42.092.3%——
10
SANOFICONR
—₹3,465.1₹7,980 Cr30.788.0%——
11
SIGMAADV
—₹911.1₹17,304 Cr103.687.6%——
12
DEVIT
—₹19.83₹113.01 Cr1.584.9%——
13
SIGNATURE
Realty₹718.8₹10,113 Cr9.884.9%——
14
NIRLON
—₹625.25₹5,635 Cr15.883.8%——
15
COLPAL
FMCG₹1,741.1₹47,355 Cr35.781.6%-0.1%-7.8%
16
ARDEE
—₹46.82₹1,476 Cr17.780.7%——
17
NESTLEIND
FMCG₹1,242.7₹2.40 L Cr59.879.9%+14.6%+7.0%
18
TIMEX
—₹701.15₹7,078 Cr83.477.3%——
19
HINDZINC
Metal₹538.4₹2.27 L Cr13.476.9%+19.7%+33.4%
20
ICICIAMC
Financial Services₹2,775.5₹1.37 L Cr39.376.2%+20.5%+24.4%
21
GVPIL
—₹622.15₹4,183 Cr12.671.7%——
22
WEBELSOLAR
—₹65.33₹2,836 Cr9.666.7%——
23
GILLETTE
FMCG₹7,264₹23,670 Cr35.366.4%——
24
PGHL
—₹5,135.5₹8,525 Cr24.261.6%——
25
JSLL
—₹369.75₹4,597 Cr20.559.9%——
26
CASTROLIND
Oil & Gas₹196.79₹19,465 Cr18.457.0%——
27
DEEPA
—₹269.55₹2,591 Cr22.256.5%——
28
GVT&D
Capital Goods₹3,925₹1.00 L Cr77.355.3%+44.6%+102.8%
29
JPOLYINVST
—₹929.15₹976.72 Cr1.254.8%——
30
BRITANNIA
FMCG₹4,705₹1.13 L Cr44.153.3%+6.6%+20.2%
31
EMMVEE
Capital Goods₹270.1₹18,700 Cr13.353.1%——
32
PAGEIND
Textiles₹35,770₹39,897 Cr53.352.5%——
33
ESABINDIA
—₹5,424₹8,349 Cr37.852.3%——
34
SHEKHAWATI
—₹23.57₹81.25 Cr6.350.1%——
35
OFSS
IT₹10,214₹88,966 Cr26.549.9%+12.1%-17.2%
36
SWARAJENG
—₹3,545₹4,307 Cr20.149.3%——
37
GLAXO
Healthcare₹2,495.4₹42,274 Cr40.749.1%——
38
INSPIRISYS
—₹82.07₹325.14 Cr8.849.0%——
39
MUKANDLTD
—₹164.48₹2,377 Cr3.948.9%——
40
ASHOKA
—₹102.91₹2,889 Cr1.248.0%——
41
DIGJAMLMTD
—₹53.74₹107.48 Cr28.047.4%——
42
SOLEX
—₹608.1₹656.90 Cr8.547.1%——
43
MPIMANIPAL
—₹327.55—32.146.3%——
44
TCS
IT₹2,460.9₹8.90 L Cr15.945.6%+2.8%+2.2%
45
HBLENGINE
Capital Goods₹812.95₹22,535 Cr29.644.1%——
46
NITYAS
—₹76.96₹443.24 Cr20.043.8%——
47
KERNEX
—₹1,737.6₹2,920 Cr15.643.6%——
48
RENTOMOJO
—₹567.35—57.743.5%——
49
KPEL
—₹188.62₹1,279 Cr7.243.5%——
50
LCL
—₹594.45₹6,280 Cr27.743.1%——

Prices as of 19 Oct 2026. P/E and ROE shown for top 200 companies by market cap (updated quarterly). Click any company for detailed profile, news, and 1-year chart.

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