Natural Capsules (BOM:524654) ROA %: -4.69% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:524654 Natural Capsules Ltd BOM:524654
43 GF Score
Price ₹155.80
GF Value ₹313.68
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Natural Capsules ROA %?

Natural Capsules BOM:524654 +3.42% 43 ROA % is -4.69% as of Mar. 2026. GuruFocus rates BOM:524654 with a GF Score™ of 43/100 and a GF Value™ of ₹313.68 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,008 Drug Manufacturers companies, Natural Capsules ranks worse than 74.4% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Natural Capsules's annualized Net Income for the quarter that ended in Mar. 2026 was ₹-199 Mil. Natural Capsules's average Total Assets over the quarter that ended in Mar. 2026 was ₹4,242 Mil. Therefore, Natural Capsules's annualized ROA % for the quarter that ended in Mar. 2026 was -4.69%.

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

BOM:524654' s ROA % Range Over the Past 10 Years
Min: -5.86   Med: 1.62   Max: 10.65
Current: -5.86

During the past 13 years, Natural Capsules's highest ROA % was 10.65%. The lowest was -5.86%. And the median was 1.62%.

BOM:524654's ROA % is ranked worse than
74.4% of 1008 companies
in the Drug Manufacturers industry
Industry Median: 2.565 vs BOM:524654: -5.86

Natural Capsules  (BOM:524654) 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: Mar. 2026 )
=Net Income/Total Assets
=-199.072/4241.578
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-199.072 / 2338.132)*(2338.132 / 4241.578)
=Net Margin %*Asset Turnover
=-8.51 %*0.5512
=-4.69 %

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.


Natural Capsules ROA % Related Terms


Natural Capsules ROA % Historical Data

* Premium members only.

The historical data trend for Natural Capsules'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.

Natural Capsules ROA % Chart

Natural Capsules Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.65 8.14 1.67 0.16 -5.85

Natural Capsules Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.50 -5.32 -6.66 -6.78 -4.69

BOM:524654 vs ZTS: ROA % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Natural Capsules'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.


Natural Capsules ROA % vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Natural Capsules's ROA % distribution charts can be found below:

* The bar in red indicates where Natural Capsules's ROA % falls into.


BOM:524654
43GF Score
Natural Capsules Ltd BOM:524654
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Natural Capsules ROA % Calculation

Natural Capsules's annualized ROA % for the fiscal year that ended in Mar. 2026 is calculated as:

ROA %=Net Income (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=-246.634/( (4193.515+4241.578)/ 2 )
=-246.634/4217.5465
=-5.85 %

Natural Capsules's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=-199.072/( (0+4241.578)/ 1 )
=-199.072/4241.578
=-4.69 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -4.69% mean?
Natural Capsules (BOM:524654) has a ROA % of -4.69% 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 Natural Capsules and its competitors. According to the industry distribution chart, Natural Capsules ranks #750 out of 1008 companies in the Drug Manufacturers industry, placing it in the top 74.4%.
Is Natural Capsules' ROA % too high?
Natural Capsules' current ROA % is -4.69%. Based on the distribution chart, Natural Capsules ranks #750 out of 1008 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Natural Capsules has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Natural Capsules' ROA % compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Natural Capsules ranks #750 out of 1008 companies for ROA %. This places Natural Capsules in the lower half of its industry. The industry median ROA % is 2.57. 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 Drug Manufacturers company?
The median ROA % among Drug Manufacturers companies is 2.57, based on 1,008 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. 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 Natural Capsules and its competitors. For the Drug Manufacturers industry, the median ROA % is 2.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Natural Capsules's current ROA % is -4.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Natural Capsules stock overvalued right now?
Based on GuruFocus' analysis, Natural Capsules (BOM:524654) is currently considered Possible Value Trap. The stock's GF Value™ is ₹313.68, compared to a current price of ₹155.80 — trading 50.3% below its estimated fair value. The current ROA % is -4.69%. Natural Capsules' overall GF Score™ is 43/100 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 Natural Capsules (BOM:524654), the current ROA % is -4.69% 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 Natural Capsules (BOM:524654) Overvalued in 2026?

Based on GuruFocus' analysis, Natural Capsules stock appears to be undervalued. The current stock price of ₹155.80 is trading 50.3% below its estimated GF Value™ of ₹313.68. GuruFocus considers Natural Capsules to be Possible Value Trap.

Key valuation signals for BOM:524654:

  • ROA %: -4.69%
  • GF Value™: ₹313.68 vs. price of ₹155.80 (50.3% below fair value)
  • GF Score™: 43/100 with 4 warning signs

No single metric tells the full story. See the BOM:524654 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Natural Capsules Business Description

Other Exchanges NATCAPSUQ:India
Address 100 Feet Road, Jayanagar II Block, Trident Towers, 4th Floor, No. 23, Bengaluru, KA, IND, 560 011
Natural Capsules Ltd is an India-based company engaged in the manufacturing and selling of empty hard gelatin capsules. The products of the company are Hard gelatin capsule shells, Hard cellulose capsule shells, Shiny gelatin capsule shells, Sweet gelatin capsule shells, Enteric capsule shells, Printed gelatin capsule shells, Vegetarian capsule shells, Fortified gelatin capsule shells, and other capsules. It is also involved in formulating pharmaceutical dosage forms in capsule dosage form, both pharma and nutraceutical products.
43GF Score

Get the complete analysis for BOM:524654

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹155.80
Price
₹313.68
GF Value