ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Mahaveer Infoway's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹18.48 Mil.
Mahaveer Infoway's average Total Assets over the quarter that ended in Mar. 2026 was ₹65.11 Mil. Therefore, Mahaveer Infoway's annualized ROA % for the quarter that ended in Mar. 2026 was 28.38%.
The historical rank and industry rank for Mahaveer Infoway's ROA % or its related term are showing as below:
BOM:539383'
s ROA % Range Over the Past 10 Years
Min: -5.52 Med: -2.99 Max: 9.28
Current: 8.65
During the past 13 years, Mahaveer Infoway's highest ROA % was 9.28%. The lowest was -5.52%. And the median was -2.99%.
BOM:539383's ROA % is ranked better than 78.14% of 2886
companies
in the Software industry
Industry Median: 1.675
vs BOM:539383: 8.65
Mahaveer Infoway (BOM:539383) 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.
Mahaveer Infoway ROA % Related Terms
Mahaveer Infoway ROA % Historical Data
* Premium members only.
The historical data trend for Mahaveer Infoway'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 Software - Application subindustry, Mahaveer Infoway'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.
Mahaveer Infoway ROA % vs Software Industry
For the Software industry and Technology sector, Mahaveer Infoway's ROA % distribution charts can be found below:
* The bar in red indicates where Mahaveer Infoway'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.
Mahaveer Infoway (BOM:539383) has a ROA % of 28.38% 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 Mahaveer Infoway and its competitors. According to the industry distribution chart, Mahaveer Infoway ranks #631 out of 2886 companies in the Software industry, placing it in the top 21.9%.
Is Mahaveer Infoway's ROA % too high?
Mahaveer Infoway's current ROA % is 28.38%. The Software industry median ROA % is 1.68. Mahaveer Infoway's value of 28.38% is 1594.3% above this industry median. Based on the distribution chart, Mahaveer Infoway ranks #631 out of 2886 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Mahaveer Infoway has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mahaveer Infoway's ROA % compare to UBER and SHOP?
According to the Software industry distribution chart, Mahaveer Infoway ranks #631 out of 2886 companies for ROA %. This places Mahaveer Infoway in the top 22% of its industry — outperforming the majority of peers. The industry median ROA % is 1.68. Mahaveer Infoway's value of 28.38% is 1594.3% above this benchmark. 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 Software company?
The median ROA % among Software companies is 1.68, based on 2,886 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. Mahaveer Infoway's current ROA % of 28.38% is 1594.3% 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 Mahaveer Infoway and its competitors. For the Software industry, the median ROA % is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahaveer Infoway's current ROA % is 28.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahaveer Infoway stock overvalued right now?
Based on GuruFocus' analysis, Mahaveer Infoway (BOM:539383) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹5.42, compared to a current price of ₹14.77 — trading 172.5% above its estimated fair value. The current ROA % is 28.38% and 1594.3% above the Software industry median of 1.68. Mahaveer Infoway's overall GF Score™ is 55/100 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 Mahaveer Infoway (BOM:539383), the current ROA % is 28.38% 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 Mahaveer Infoway (BOM:539383) Overvalued in 2026?
Based on GuruFocus' analysis, Mahaveer Infoway stock appears to be overvalued.
The current stock price of ₹14.77 is trading 172.5% above its estimated GF Value™ of ₹5.42.
GuruFocus considers Mahaveer Infoway to be Significantly Overvalued.
Key valuation signals for BOM:539383:
ROA %: 28.38%
GF Value™: ₹5.42 vs. price of ₹14.77 (172.5% above fair value)
Industry Position: 1594.3% above the Software median (#631 of 2886)
No single metric tells the full story. See the BOM:539383 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mahaveer Infoway Ltd is a provider of Technology-oriented solutions and has business operations in the fields of Software Development, IT Consulting, Networking Solutions, Software Testing, and Offshore Staffing. The company also offers consulting and information technology (IT) services. It provides a range of services, including software development, Cloud Services in partnership with Amazon, Product and Application testing, packaged software integration, system maintenance, and engineering design services. Its software products segment engages in the product development and creation of propriety software. It generates the majority of its revenue from the sale of trading goods and software development and related services.
55GF Score
Get the complete analysis for BOM:539383
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:539383 has been successfully added to your 
