Veljan DenisonBOM:505232 -3.68%78 ROA % is 9.62% as of Mar. 2026, which is 3% above its 10-year median of 9.36. GuruFocus rates BOM:505232 with a GF Score™ of 78/100 and a GF Value™ of ₹1,280.86 (Fairly Valued). The stock has 7 warning signs investors should review. Among 3,074 Industrial Products companies, Veljan Denison ranks better than 85.85% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Veljan Denison's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹272 Mil.
Veljan Denison's average Total Assets over the quarter that ended in Mar. 2026 was ₹2,825 Mil. Therefore, Veljan Denison's annualized ROA % for the quarter that ended in Mar. 2026 was 9.62%.
The historical rank and industry rank for Veljan Denison's ROA % or its related term are showing as below:
BOM:505232'
s ROA % Range Over the Past 10 Years
Min: 3.75 Med: 9.36 Max: 9.99
Current: 9.38
During the past 13 years, Veljan Denison's highest ROA % was 9.99%. The lowest was 3.75%. And the median was 9.36%.
BOM:505232's ROA % is ranked better than 85.85% of 3074
companies
in the Industrial Products industry
Industry Median: 3.045
vs BOM:505232: 9.38
Veljan Denison (BOM:505232) 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 banks 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:
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.
* 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.
Veljan Denison ROA % Related Terms
Veljan Denison ROA % Historical Data
* Premium members only.
The historical data trend for Veljan Denison'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.
For the Specialty Industrial Machinery subindustry, Veljan Denison'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.
Veljan Denison ROA % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Veljan Denison's ROA % distribution charts can be found below:
* The bar in red indicates where Veljan Denison's ROA % falls into.
* 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 four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Veljan Denison (BOM:505232) has a ROA % of 9.62% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Veljan Denison and its competitors. This is near median its historical median of 9.36. Over the past decade, Veljan Denison's ROA % has ranged from 3.75 to 9.99. According to the industry distribution chart, Veljan Denison ranks #435 out of 3074 companies in the Industrial Products industry, placing it in the top 14.2%.
Is Veljan Denison's ROA % too high?
Veljan Denison's current ROA % of 9.62% is near median its 10-year median of 9.36. Over the past 10 years, this metric has ranged from a low of 3.75 to a high of 9.99. The Industrial Products industry median ROA % is 3.05. Veljan Denison's value of 9.62% is 215.9% above this industry median. Based on the distribution chart, Veljan Denison ranks #435 out of 3074 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Veljan Denison has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Veljan Denison's ROA % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Veljan Denison ranks #435 out of 3074 companies for ROA %. This places Veljan Denison in the top 14% of its industry — outperforming the majority of peers. The industry median ROA % is 3.05. Veljan Denison's value of 9.62% is 215.9% above this benchmark. Historically, Veljan Denison's own ROA % has ranged from 3.75 to 9.99 over the past decade. While the company's 10-year median is 9.36 vs. the industry median of 3.05, Veljan Denison 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 ROA % for an Industrial Products company?
The median ROA % among Industrial Products companies is 3.05, based on 3,074 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Veljan Denison's current ROA % of 9.62% is 215.9% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Veljan Denison and its competitors. For the Industrial Products industry, the median ROA % is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veljan Denison's current ROA % is 9.62%, which is near median its own 10-year median of 9.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veljan Denison stock overvalued right now?
Based on GuruFocus' analysis, Veljan Denison (BOM:505232) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,280.86, compared to a current price of ₹1,202.10 — trading 6.1% below its estimated fair value. The current ROA % is 9.62%, which is near median its 10-year median of 9.36 and 215.9% above the Industrial Products industry median of 3.05. Veljan Denison's overall GF Score™ is 78/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Veljan Denison (BOM:505232), the current ROA % is 9.62% 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 Veljan Denison (BOM:505232) Overvalued in 2026?
Based on GuruFocus' analysis, Veljan Denison stock appears to be undervalued.
The current stock price of ₹1,202.10 is trading 6.1% below its estimated GF Value™ of ₹1,280.86.
GuruFocus considers Veljan Denison to be Fairly Valued.
Key valuation signals for BOM:505232:
ROA %: 9.62% (near median its 10-year median of 9.36)
GF Value™: ₹1,280.86 vs. price of ₹1,202.10 (6.1% below fair value)
Industry Position: 215.9% above the Industrial Products median (#435 of 3074)
No single metric tells the full story. See the BOM:505232 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Veljan Denison Ltd is an Indian-based company involved in diversified industry business sector. The company manufactures pumps, motors, valves, and custom-built power packs. It operates in one segment namely, Hydraulic equipment. Some of its products include Single Gear Pumps; Double Gear Pumps; Triple Gear Pumps; Bearing Pumps; Truck Pumps; Rig Pumps; Vane Motors; Pressure Controls; Seat Valves; Double Vane Pumps; HT Series; HG Series; Manifolds; Steering Gear System; Fin Stabilizer System and others. Majority of the revenue is generated from the sale of Pumps, Motors, Valves, and Spares.
78GF Score
Get the complete analysis for BOM:505232
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:505232 has been successfully added to your 
