ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. JTL Defence's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹67.9 Mil.
JTL Defence's average Total Assets over the quarter that ended in Mar. 2026 was ₹2,103.2 Mil. Therefore, JTL Defence's annualized ROA % for the quarter that ended in Mar. 2026 was 3.23%.
The historical rank and industry rank for JTL Defence's ROA % or its related term are showing as below:
BOM:537254'
s ROA % Range Over the Past 10 Years
Min: -49.25 Med: -7.56 Max: 7.83
Current: 0.17
During the past 13 years, JTL Defence's highest ROA % was 7.83%. The lowest was -49.25%. And the median was -7.56%.
BOM:537254's ROA % is ranked better than 75.84% of 2657
companies
in the Metals & Mining industry
Industry Median: -16.97
vs BOM:537254: 0.17
JTL Defence (BOM:537254) 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.
JTL Defence ROA % Related Terms
JTL Defence ROA % Historical Data
* Premium members only.
The historical data trend for JTL Defence'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 Copper subindustry, JTL Defence'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.
JTL Defence ROA % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, JTL Defence's ROA % distribution charts can be found below:
* The bar in red indicates where JTL Defence'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.
JTL Defence (BOM:537254) has a ROA % of 3.23% 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 JTL Defence and its competitors. According to the industry distribution chart, JTL Defence ranks #642 out of 2657 companies in the Metals & Mining industry, placing it in the top 24.2%.
Is JTL Defence's ROA % too high?
JTL Defence's current ROA % is 3.23%. Based on the distribution chart, JTL Defence ranks #642 out of 2657 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, JTL Defence has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JTL Defence's ROA % compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, JTL Defence ranks #642 out of 2657 companies for ROA %. This places JTL Defence in the top 24% of its industry — outperforming the majority of peers. 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 Metals & Mining company?
A good ROA % depends on the Metals & Mining industry context. 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 JTL Defence and its competitors. JTL Defence's current ROA % is 3.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JTL Defence stock overvalued right now?
Based on GuruFocus' analysis, JTL Defence (BOM:537254) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹54.29, compared to a current price of ₹532.10 — trading 880.1% above its estimated fair value. The current ROA % is 3.23%. JTL Defence's overall GF Score™ is 44/100 with 9 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 JTL Defence (BOM:537254), the current ROA % is 3.23% 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 JTL Defence (BOM:537254) Overvalued in 2026?
Based on GuruFocus' analysis, JTL Defence stock appears to be overvalued.
The current stock price of ₹532.10 is trading 880.1% above its estimated GF Value™ of ₹54.29.
GuruFocus considers JTL Defence to be Significantly Overvalued.
Key valuation signals for BOM:537254:
ROA %: 3.23%
GF Value™: ₹54.29 vs. price of ₹532.10 (880.1% above fair value)
No single metric tells the full story. See the BOM:537254 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JTL Defence Ltd, formerly RCI Industries & Technologies Ltd is principally engaged in the manufacturing of copper and copper products. The main objective of the company is to manufacture, import, export, trade, and deal in all types of metal and metal products. Its product range includes Round and Flat Rolled Copper and Copper Alloys, which are used for various electrical and industrial applications in different industries, such as automobile, engineering, defense, construction, electronics, and others. The majority of the company's revenue is derived from the sales of its products in the domestic market.
44GF Score
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ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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