Bharat Road Network (BOM:540700) ROA %: -17.57% (As of Mar. 2026)


BOM:540700 Bharat Road Network Ltd BOM:540700
55 GF Score
Price ₹18.24
GF Value ₹16.57
Valuation Fairly Valued
! 3 Warning Signs
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What is Bharat Road Network ROA %?

Bharat Road Network BOM:540700 -0.98% 55 ROA % is -17.57% as of Mar. 2026. GuruFocus rates BOM:540700 with a GF Score™ of 55/100 and a GF Value™ of ₹16.57 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,776 Construction companies, Bharat Road Network ranks worse than 80.12% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Bharat Road Network's annualized Net Income for the quarter that ended in Mar. 2026 was ₹-2,522 Mil. Bharat Road Network's average Total Assets over the quarter that ended in Mar. 2026 was ₹14,355 Mil. Therefore, Bharat Road Network's annualized ROA % for the quarter that ended in Mar. 2026 was -17.57%.

The historical rank and industry rank for Bharat Road Network's ROA % or its related term are showing as below:

BOM:540700' s ROA % Range Over the Past 10 Years
Min: -12.57   Med: -2.8   Max: 6.77
Current: -1.99

During the past 13 years, Bharat Road Network's highest ROA % was 6.77%. The lowest was -12.57%. And the median was -2.80%.

BOM:540700's ROA % is ranked worse than
80.12% of 1776 companies
in the Construction industry
Industry Median: 2.795 vs BOM:540700: -1.99

Bharat Road Network  (BOM:540700) 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
=-2521.528/14355.071
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2521.528 / 1956.116)*(1956.116 / 14355.071)
=Net Margin %*Asset Turnover
=-128.9 %*0.1363
=-17.57 %

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.


Bharat Road Network ROA % Related Terms


Bharat Road Network ROA % Historical Data

* Premium members only.

The historical data trend for Bharat Road Network'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.

Bharat Road Network ROA % Chart

Bharat Road Network 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 -12.57 -7.55 -4.12 6.77 -2.07

Bharat Road Network 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 -1.60 2.85 1.18 4.58 -17.57

Bharat Road Network ROA % Competitor Comparison

For the Infrastructure Operations subindustry, Bharat Road Network'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.


Bharat Road Network ROA % vs Construction Industry

For the Construction industry and Industrials sector, Bharat Road Network's ROA % distribution charts can be found below:

* The bar in red indicates where Bharat Road Network's ROA % falls into.


BOM:540700
55GF Score
Bharat Road Network Ltd BOM:540700
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bharat Road Network ROA % Calculation

Bharat Road Network'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 )
=-296.441/( (14345.604+14355.071)/ 2 )
=-296.441/14350.3375
=-2.07 %

Bharat Road Network'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 )
=-2521.528/( (0+14355.071)/ 1 )
=-2521.528/14355.071
=-17.57 %

* 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 -17.57% mean?
Bharat Road Network (BOM:540700) has a ROA % of -17.57% 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 Bharat Road Network and its competitors. According to the industry distribution chart, Bharat Road Network ranks #1423 out of 1776 companies in the Construction industry, placing it in the top 80.1%.
Is Bharat Road Network's ROA % too high?
Bharat Road Network's current ROA % is -17.57%. Based on the distribution chart, Bharat Road Network ranks #1423 out of 1776 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Bharat Road Network has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bharat Road Network's ROA % compare to competitors?
According to the Construction industry distribution chart, Bharat Road Network ranks #1423 out of 1776 companies for ROA %. This places Bharat Road Network in the lower half of its industry. The industry median ROA % is 2.80. 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 Construction company?
The median ROA % among Construction companies is 2.80, based on 1,776 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 Bharat Road Network and its competitors. For the Construction industry, the median ROA % is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharat Road Network's current ROA % is -17.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Road Network stock overvalued right now?
Based on GuruFocus' analysis, Bharat Road Network (BOM:540700) is currently considered Fairly Valued. The stock's GF Value™ is ₹16.57, compared to a current price of ₹18.24 — trading 10.1% above its estimated fair value. The current ROA % is -17.57%. Bharat Road Network's overall GF Score™ is 55/100 with 3 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 Bharat Road Network (BOM:540700), the current ROA % is -17.57% 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 Bharat Road Network (BOM:540700) Overvalued in 2026?

Based on GuruFocus' analysis, Bharat Road Network stock appears to be overvalued. The current stock price of ₹18.24 is trading 10.1% above its estimated GF Value™ of ₹16.57. GuruFocus considers Bharat Road Network to be Fairly Valued.

Key valuation signals for BOM:540700:

  • ROA %: -17.57%
  • GF Value™: ₹16.57 vs. price of ₹18.24 (10.1% above fair value)
  • GF Score™: 55/100 with 3 warning signs

No single metric tells the full story. See the BOM:540700 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bharat Road Network Business Description

Other Exchanges BRNL:India
Address Block- EP, Sector -V, Salt Lake City, Plot No. X1-2 & 3, Ground Floor, Kolkata, WB, IND, 700091
Bharat Road Network Ltd is a road BOT company in India which is focused on the development, implementation, operation and maintenance of roads and highways projects. The company is a developer and operator of highways, roads and related projects on a BOT basis. The company is involved in the development, operation and maintenance of national and state highways in several states in India with experience of managing projects in the states of Uttar Pradesh, Kerala, Haryana, Madhya Pradesh, Maharashtra and Odisha through partnerships with experienced EPC players in the local space where the project is located.
55GF Score

Get the complete analysis for BOM:540700

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

₹18.24
Price
₹16.57
GF Value