ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Indian Toners & Developers's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹305 Mil.
Indian Toners & Developers's average Total Assets over the quarter that ended in Mar. 2026 was ₹2,611 Mil. Therefore, Indian Toners & Developers's annualized ROA % for the quarter that ended in Mar. 2026 was 11.68%.
The historical rank and industry rank for Indian Toners & Developers's ROA % or its related term are showing as below:
BOM:523586'
s ROA % Range Over the Past 10 Years
Min: 5.89 Med: 10.69 Max: 14.78
Current: 11.17
During the past 13 years, Indian Toners & Developers's highest ROA % was 14.78%. The lowest was 5.89%. And the median was 10.69%.
BOM:523586's ROA % is ranked better than 90.49% of 1608
companies
in the Chemicals industry
Industry Median: 2.9
vs BOM:523586: 11.17
Indian Toners & Developers (BOM:523586) 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.
* 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 Chemicals subindustry, Indian Toners & Developers'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.
Indian Toners & Developers ROA % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Indian Toners & Developers's ROA % distribution charts can be found below:
* The bar in red indicates where Indian Toners & Developers'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.
Indian Toners & Developers (BOM:523586) has a ROA % of 11.68% 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 Indian Toners & Developers and its competitors. This is near median its historical median of 10.69. Over the past decade, Indian Toners & Developers' ROA % has ranged from 5.89 to 14.78. According to the industry distribution chart, Indian Toners & Developers ranks #153 out of 1608 companies in the Chemicals industry, placing it in the top 9.5%.
Is Indian Toners & Developers' ROA % too high?
Indian Toners & Developers' current ROA % of 11.68% is near median its 10-year median of 10.69. Over the past 10 years, this metric has ranged from a low of 5.89 to a high of 14.78. The Chemicals industry median ROA % is 2.90. Indian Toners & Developers' value of 11.68% is 302.8% above this industry median. Based on the distribution chart, Indian Toners & Developers ranks #153 out of 1608 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Indian Toners & Developers has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indian Toners & Developers' ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Indian Toners & Developers ranks #153 out of 1608 companies for ROA %. This places Indian Toners & Developers in the top 10% of its industry — outperforming the majority of peers. The industry median ROA % is 2.90. Indian Toners & Developers' value of 11.68% is 302.8% above this benchmark. Historically, Indian Toners & Developers' own ROA % has ranged from 5.89 to 14.78 over the past decade. While the company's 10-year median is 10.69 vs. the industry median of 2.90, Indian Toners & Developers 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 Chemicals company?
The median ROA % among Chemicals companies is 2.90, based on 1,608 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. Indian Toners & Developers's current ROA % of 11.68% is 302.8% 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 Indian Toners & Developers and its competitors. For the Chemicals industry, the median ROA % is 2.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Toners & Developers's current ROA % is 11.68%, which is near median its own 10-year median of 10.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Toners & Developers stock overvalued right now?
Based on GuruFocus' analysis, Indian Toners & Developers (BOM:523586) is currently considered Fairly Valued. The stock's GF Value™ is ₹301.19, compared to a current price of ₹292.85 — trading 2.8% below its estimated fair value. The current ROA % is 11.68%, which is near median its 10-year median of 10.69 and 302.8% above the Chemicals industry median of 2.90. Indian Toners & Developers' overall GF Score™ is 82/100. 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 Indian Toners & Developers (BOM:523586), the current ROA % is 11.68% 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 Indian Toners & Developers (BOM:523586) Overvalued in 2026?
Based on GuruFocus' analysis, Indian Toners & Developers stock appears to be undervalued.
The current stock price of ₹292.85 is trading 2.8% below its estimated GF Value™ of ₹301.19.
GuruFocus considers Indian Toners & Developers to be Fairly Valued.
Key valuation signals for BOM:523586:
ROA %: 11.68% (near median its 10-year median of 10.69)
GF Value™: ₹301.19 vs. price of ₹292.85 (2.8% below fair value)
Industry Position: 302.8% above the Chemicals median (#153 of 1608)
No single metric tells the full story. See the BOM:523586 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indian Toners & Developers Ltd is a manufacturer of toners and developers. The company is engaged in the business of producing and exporting compatible toners for use in laser printers, the new age digital machines, multi-function printers, analogue copiers as well as wide-format printers and copiers. The only reporting segment of the company is a manufacturer of compatible toner. Its geographical segment includes Domestic sales and Export sales. The company's product consists of chemical color toner, laser toner, copier or digital toner, wide format copiers and printer toner and packaging.
82GF Score
Get the complete analysis for BOM:523586
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