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Abhishek Integrations (NSE:AILIMITED) ROA % : 3.94% (As of Sep. 2023)


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What is Abhishek Integrations ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Abhishek Integrations's annualized Net Income for the quarter that ended in Sep. 2023 was ₹5.4 Mil. Abhishek Integrations's average Total Assets over the quarter that ended in Sep. 2023 was ₹137.8 Mil. Therefore, Abhishek Integrations's annualized ROA % for the quarter that ended in Sep. 2023 was 3.94%.

The historical rank and industry rank for Abhishek Integrations's ROA % or its related term are showing as below:

NSE:AILIMITED' s ROA % Range Over the Past 10 Years
Min: 0.97   Med: 6.09   Max: 14.36
Current: 4.62

During the past 5 years, Abhishek Integrations's highest ROA % was 14.36%. The lowest was 0.97%. And the median was 6.09%.

NSE:AILIMITED's ROA % is ranked better than
66.97% of 1668 companies
in the Construction industry
Industry Median: 2.61 vs NSE:AILIMITED: 4.62

Abhishek Integrations ROA % Historical Data

The historical data trend for Abhishek Integrations's ROA % 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.

* Premium members only.

Abhishek Integrations ROA % Chart

Abhishek Integrations Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
ROA %
0.97 14.36 6.09 6.74 5.27

Abhishek Integrations Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
ROA % Get a 7-Day Free Trial Premium Member Only 9.58 4.48 5.74 5.15 3.94

Competitive Comparison of Abhishek Integrations's ROA %

For the Infrastructure Operations subindustry, Abhishek Integrations's ROA %, along with its competitors' market caps and ROA % 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.


Abhishek Integrations's ROA % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Abhishek Integrations's ROA % distribution charts can be found below:

* The bar in red indicates where Abhishek Integrations's ROA % falls into.



Abhishek Integrations ROA % Calculation

Abhishek Integrations's annualized ROA % for the fiscal year that ended in Mar. 2023 is calculated as:

ROA %=Net Income (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=6.725/( (113.09+141.913)/ 2 )
=6.725/127.5015
=5.27 %

Abhishek Integrations's annualized ROA % for the quarter that ended in Sep. 2023 is calculated as:

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=5.424/( (141.913+133.682)/ 2 )
=5.424/137.7975
=3.94 %

* 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is two times the semi-annual (Sep. 2023) net income data. ROA % is displayed in the 30-year financial page.


Abhishek Integrations  (NSE:AILIMITED) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=5.424/137.7975
=(Net Income / Revenue)*(Revenue / Total Assets)
=(5.424 / 217.152)*(217.152 / 137.7975)
=Net Margin %*Asset Turnover
=2.5 %*1.5759
=3.94 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (Sep. 2023) revenue data.

* 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

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Abhishek Integrations ROA % Related Terms

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Abhishek Integrations (NSE:AILIMITED) Business Description

Traded in Other Exchanges
N/A
Address
Gandhinagar Hwy, opp. Rajpath Rangoli Road, 801, Venus Benecia, Sarkhej, Bodakdev, Ahmedabad, GJ, IND, 380053
Abhishek Integrations Ltd is engaged in developing, operating, and maintenance of electrical and mechanical work and its installation at various airports in India. The firm has various ongoing projects of the airport authority of India located at Ahmedabad, Allahabad, Aurangabad, Bhopal, Gaya, Gondia, Indore, Jabalpur, Jaipur, Jaisalmer, Jamnagar, Madurai, Patna, Pune, Tezpur, and Vadodara among others.

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