Nidhi GranitesBOM:512103 -4.50%73 ROA % is 23.73% as of Mar. 2026, which is 590% above its 10-year median of 3.44. GuruFocus rates BOM:512103 with a GF Score™ of 73/100 and a GF Value™ of ₹225.48 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 410 Building Materials companies, Nidhi Granites ranks better than 97.56% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Nidhi Granites's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹77.6 Mil.
Nidhi Granites's average Total Assets over the quarter that ended in Mar. 2026 was ₹327.0 Mil. Therefore, Nidhi Granites's annualized ROA % for the quarter that ended in Mar. 2026 was 23.73%.
The historical rank and industry rank for Nidhi Granites's ROA % or its related term are showing as below:
BOM:512103'
s ROA % Range Over the Past 10 Years
Min: -11.83 Med: 3.44 Max: 28.04
Current: 27.52
During the past 13 years, Nidhi Granites's highest ROA % was 28.04%. The lowest was -11.83%. And the median was 3.44%.
BOM:512103's ROA % is ranked better than 97.56% of 410
companies
in the Building Materials industry
Industry Median: 2.345
vs BOM:512103: 27.52
Nidhi Granites (BOM:512103) 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.
Nidhi Granites ROA % Related Terms
Nidhi Granites ROA % Historical Data
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The historical data trend for Nidhi Granites'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 Building Materials subindustry, Nidhi Granites'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.
Nidhi Granites ROA % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Nidhi Granites's ROA % distribution charts can be found below:
* The bar in red indicates where Nidhi Granites'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.
Nidhi Granites (BOM:512103) has a ROA % of 23.73% 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 Nidhi Granites and its competitors. This is 590% above median its historical median of 3.44. According to the industry distribution chart, Nidhi Granites ranks #10 out of 410 companies in the Building Materials industry, placing it in the top 2.4%.
Is Nidhi Granites' ROA % too high?
Nidhi Granites' current ROA % of 23.73% is 590% above median its 10-year median of 3.44. The Building Materials industry median ROA % is 2.35. Nidhi Granites' value of 23.73% is 911.9% above this industry median. Based on the distribution chart, Nidhi Granites ranks #10 out of 410 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Nidhi Granites has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nidhi Granites' ROA % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Nidhi Granites ranks #10 out of 410 companies for ROA %. This places Nidhi Granites in the top 2% of its industry — outperforming the majority of peers. The industry median ROA % is 2.35. Nidhi Granites' value of 23.73% is 911.9% above this benchmark. While the company's 10-year median is 3.44 vs. the industry median of 2.35, Nidhi Granites 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 a Building Materials company?
The median ROA % among Building Materials companies is 2.35, based on 410 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. Nidhi Granites's current ROA % of 23.73% is 911.9% 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 Nidhi Granites and its competitors. For the Building Materials industry, the median ROA % is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nidhi Granites's current ROA % is 23.73%, which is 590% above median its own 10-year median of 3.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nidhi Granites stock overvalued right now?
Based on GuruFocus' analysis, Nidhi Granites (BOM:512103) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹225.48, compared to a current price of ₹353.35 — trading 56.7% above its estimated fair value. The current ROA % is 23.73%, which is 590% above median its 10-year median of 3.44 and 911.9% above the Building Materials industry median of 2.35. Nidhi Granites' overall GF Score™ is 73/100 with 4 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 Nidhi Granites (BOM:512103), the current ROA % is 23.73% 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 Nidhi Granites (BOM:512103) Overvalued in 2026?
Based on GuruFocus' analysis, Nidhi Granites stock appears to be overvalued.
The current stock price of ₹353.35 is trading 56.7% above its estimated GF Value™ of ₹225.48.
GuruFocus considers Nidhi Granites to be Significantly Overvalued.
Key valuation signals for BOM:512103:
ROA %: 23.73% (590% above median its 10-year median of 3.44)
GF Value™: ₹225.48 vs. price of ₹353.35 (56.7% above fair value)
Industry Position: 911.9% above the Building Materials median (#10 of 410)
No single metric tells the full story. See the BOM:512103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nidhi Granites Ltd is an India-based company engaged in the business of manufacturing and trading of granite and marble slabs, tiles, sandstone, and limestone products. investment activities. Its segments include Paper and Paperboard, Garments, and Construction materials. The company is also engaged in share trading and investment in shares and mutual funds.
73GF Score
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