INOX IndiaBOM:544046 -1.67%56 ROA % is 14.93% as of Mar. 2026, which is 3% below its 10-year median of 15.42. GuruFocus rates BOM:544046 with a GF Score™ of 56/100. The stock has 9 warning signs investors should review. Among 3,068 Industrial Products companies, INOX India ranks better than 94.36% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. INOX India's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹3,009 Mil.
INOX India's average Total Assets over the quarter that ended in Mar. 2026 was ₹20,159 Mil. Therefore, INOX India's annualized ROA % for the quarter that ended in Mar. 2026 was 14.93%.
The historical rank and industry rank for INOX India's ROA % or its related term are showing as below:
BOM:544046'
s ROA % Range Over the Past 10 Years
Min: 13.9 Med: 15.42 Max: 16.53
Current: 13.9
During the past 6 years, INOX India's highest ROA % was 16.53%. The lowest was 13.90%. And the median was 15.42%.
BOM:544046's ROA % is ranked better than 94.36% of 3068
companies
in the Industrial Products industry
Industry Median: 3.05
vs BOM:544046: 13.90
INOX India (BOM:544046) 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.
INOX India ROA % Related Terms
INOX India ROA % Historical Data
* Premium members only.
The historical data trend for INOX India'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 Specialty Industrial Machinery subindustry, INOX India'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.
INOX India ROA % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, INOX India's ROA % distribution charts can be found below:
* The bar in red indicates where INOX India'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.
INOX India (BOM:544046) has a ROA % of 14.93% 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 INOX India and its competitors. This is near median its historical median of 15.42. Over the past decade, INOX India's ROA % has ranged from 13.90 to 16.53. According to the industry distribution chart, INOX India ranks #173 out of 3068 companies in the Industrial Products industry, placing it in the top 5.6%.
Is INOX India's ROA % too high?
INOX India's current ROA % of 14.93% is near median its 10-year median of 15.42. Over the past 10 years, this metric has ranged from a low of 13.90 to a high of 16.53. The Industrial Products industry median ROA % is 3.05. INOX India's value of 14.93% is 389.5% above this industry median. Based on the distribution chart, INOX India ranks #173 out of 3068 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, INOX India has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does INOX India's ROA % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, INOX India ranks #173 out of 3068 companies for ROA %. This places INOX India in the top 6% of its industry — outperforming the majority of peers. The industry median ROA % is 3.05. INOX India's value of 14.93% is 389.5% above this benchmark. Historically, INOX India's own ROA % has ranged from 13.90 to 16.53 over the past decade. While the company's 10-year median is 15.42 vs. the industry median of 3.05, INOX India 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 an Industrial Products company?
The median ROA % among Industrial Products companies is 3.05, based on 3,068 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. INOX India's current ROA % of 14.93% is 389.5% 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 INOX India and its competitors. For the Industrial Products industry, the median ROA % is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. INOX India's current ROA % is 14.93%, which is near median its own 10-year median of 15.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is INOX India stock overvalued right now?
INOX India (BOM:544046) has a current ROA % of 14.93%. The current ROA % is 14.93%, which is near median its 10-year median of 15.42 and 389.5% above the Industrial Products industry median of 3.05. INOX India's overall GF Score™ is 56/100 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 INOX India (BOM:544046), the current ROA % is 14.93% 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.
INOX India Ltd is a manufacturer of cryogenic equipment and cryogenic tanks. The company's products include standard cryogenic tanks and equipment, beverage kegs, bespoke technology, equipment, and solutions as well as large turnkey projects which are used in diverse industries such as industrial gases, liquified natural gas (LNG), green hydrogen, energy, steel, medical and healthcare, chemicals and fertilizers, aviation and aerospace, pharmaceuticals and construction. The company generates revenue from India, Korea, France, Japan, Saudi Arabia, and other regions.
56GF Score
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