ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Shri Bajrang Alliance's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹776 Mil.
Shri Bajrang Alliance's average Total Assets over the quarter that ended in Mar. 2026 was ₹5,306 Mil. Therefore, Shri Bajrang Alliance's annualized ROA % for the quarter that ended in Mar. 2026 was 14.63%.
The historical rank and industry rank for Shri Bajrang Alliance's ROA % or its related term are showing as below:
BOM:526981'
s ROA % Range Over the Past 10 Years
Min: 1.99 Med: 9.59 Max: 28.7
Current: 8.94
During the past 13 years, Shri Bajrang Alliance's highest ROA % was 28.70%. The lowest was 1.99%. And the median was 9.59%.
BOM:526981's ROA % is ranked better than 90.08% of 635
companies
in the Steel industry
Industry Median: 1.88
vs BOM:526981: 8.94
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 Steel subindustry, Shri Bajrang Alliance'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.
Shri Bajrang Alliance ROA % vs Steel Industry
For the Steel industry and Basic Materials sector, Shri Bajrang Alliance's ROA % distribution charts can be found below:
* The bar in red indicates where Shri Bajrang Alliance'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.
Shri Bajrang Alliance (BOM:526981) has a ROA % of 14.63% 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 Shri Bajrang Alliance and its competitors. This is 53% above median its historical median of 9.59. Over the past decade, Shri Bajrang Alliance's ROA % has ranged from 1.99 to 28.70. According to the industry distribution chart, Shri Bajrang Alliance ranks #63 out of 635 companies in the Steel industry, placing it in the top 9.9%.
Is Shri Bajrang Alliance's ROA % too high?
Shri Bajrang Alliance's current ROA % of 14.63% is 53% above median its 10-year median of 9.59. Over the past 10 years, this metric has ranged from a low of 1.99 to a high of 28.70. The Steel industry median ROA % is 1.88. Shri Bajrang Alliance's value of 14.63% is 678.2% above this industry median. Based on the distribution chart, Shri Bajrang Alliance ranks #63 out of 635 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Shri Bajrang Alliance has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shri Bajrang Alliance's ROA % compare to NUE and STLD?
According to the Steel industry distribution chart, Shri Bajrang Alliance ranks #63 out of 635 companies for ROA %. This places Shri Bajrang Alliance in the top 10% of its industry — outperforming the majority of peers. The industry median ROA % is 1.88. Shri Bajrang Alliance's value of 14.63% is 678.2% above this benchmark. Historically, Shri Bajrang Alliance's own ROA % has ranged from 1.99 to 28.70 over the past decade. While the company's 10-year median is 9.59 vs. the industry median of 1.88, Shri Bajrang Alliance 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 Steel company?
The median ROA % among Steel companies is 1.88, based on 635 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. Shri Bajrang Alliance's current ROA % of 14.63% is 678.2% 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 Shri Bajrang Alliance and its competitors. For the Steel industry, the median ROA % is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shri Bajrang Alliance's current ROA % is 14.63%, which is 53% above median its own 10-year median of 9.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Bajrang Alliance stock overvalued right now?
Based on GuruFocus' analysis, Shri Bajrang Alliance (BOM:526981) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹116.78, compared to a current price of ₹192.40 — trading 64.8% above its estimated fair value. The current ROA % is 14.63%, which is 53% above median its 10-year median of 9.59 and 678.2% above the Steel industry median of 1.88. Shri Bajrang Alliance's overall GF Score™ is 56/100 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 Shri Bajrang Alliance (BOM:526981), the current ROA % is 14.63% 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 Shri Bajrang Alliance (BOM:526981) Overvalued in 2026?
Based on GuruFocus' analysis, Shri Bajrang Alliance stock appears to be overvalued.
The current stock price of ₹192.40 is trading 64.8% above its estimated GF Value™ of ₹116.78.
GuruFocus considers Shri Bajrang Alliance to be Significantly Overvalued.
Key valuation signals for BOM:526981:
ROA %: 14.63% (53% above median its 10-year median of 9.59)
GF Value™: ₹116.78 vs. price of ₹192.40 (64.8% above fair value)
Industry Position: 678.2% above the Steel median (#63 of 635)
No single metric tells the full story. See the BOM:526981 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shri Bajrang Alliance Ltd is an Indian company engaged in the manufacturing of steel and ready-to-eat frozen foods. The company's products include angle, channel, beam, steel billets, and under frozen foods involve bread, snacks, and desserts. The company has two segments are Structural Rolling Mill and ready to cook frozen food. It operates domestically and Internationally.
56GF Score
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