Shree Refrigerations (BOM:544458) ROA %: 15.17% (As of Mar. 2026) — 86% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:544458 Shree Refrigerations Ltd BOM:544458
21 GF Score
Price ₹315.20
! 2 Warning Signs
View Full Analysis

What is Shree Refrigerations ROA %?

Shree Refrigerations BOM:544458 -3.49% 21 ROA % is 15.17% as of Mar. 2026, which is 86% above its 10-year median of 8.15. GuruFocus rates BOM:544458 with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 3,077 Industrial Products companies, Shree Refrigerations ranks better than 84.27% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Shree Refrigerations's annualized Net Income for the quarter that ended in Mar. 2026 was ₹399 Mil. Shree Refrigerations's average Total Assets over the quarter that ended in Mar. 2026 was ₹2,632 Mil. Therefore, Shree Refrigerations's annualized ROA % for the quarter that ended in Mar. 2026 was 15.17%.

The historical rank and industry rank for Shree Refrigerations's ROA % or its related term are showing as below:

BOM:544458' s ROA % Range Over the Past 10 Years
Min: 2.08   Med: 8.15   Max: 10.56
Current: 9.03

During the past 5 years, Shree Refrigerations's highest ROA % was 10.56%. The lowest was 2.08%. And the median was 8.15%.

BOM:544458's ROA % is ranked better than
84.27% of 3077 companies
in the Industrial Products industry
Industry Median: 3.11 vs BOM:544458: 9.03

Shree Refrigerations  (BOM:544458) 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
=399.264/2632.2865
=(Net Income / Revenue)*(Revenue / Total Assets)
=(399.264 / 2063.156)*(2063.156 / 2632.2865)
=Net Margin %*Asset Turnover
=19.35 %*0.7838
=15.17 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.


Shree Refrigerations ROA % Related Terms


Shree Refrigerations ROA % Historical Data

* Premium members only.

The historical data trend for Shree Refrigerations'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.

Shree Refrigerations ROA % Chart

Shree Refrigerations Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROA %
2.08 2.93 10.56 8.15 8.98

Shree Refrigerations Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
ROA % Get a 7-Day Free Trial 0.00 13.40 4.85 1.42 15.17

BOM:544458 vs GEV, ETN, PH: ROA % Comparison

For the Specialty Industrial Machinery subindustry, Shree Refrigerations'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.


Shree Refrigerations ROA % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shree Refrigerations's ROA % distribution charts can be found below:

* The bar in red indicates where Shree Refrigerations's ROA % falls into.


BOM:544458
21GF Score
Shree Refrigerations Ltd BOM:544458
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shree Refrigerations ROA % Calculation

Shree Refrigerations'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 )
=215.326/( (1855.95+2941.079)/ 2 )
=215.326/2398.5145
=8.98 %

Shree Refrigerations's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=399.264/( (2323.494+2941.079)/ 2 )
=399.264/2632.2865
=15.17 %

* 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 two times the semi-annual (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 15.17% mean?
Shree Refrigerations (BOM:544458) has a ROA % of 15.17% 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 Shree Refrigerations and its competitors. This is 86% above median its historical median of 8.15. Over the past decade, Shree Refrigerations' ROA % has ranged from 2.08 to 10.56. According to the industry distribution chart, Shree Refrigerations ranks #484 out of 3077 companies in the Industrial Products industry, placing it in the top 15.7%.
Is Shree Refrigerations' ROA % too high?
Shree Refrigerations' current ROA % of 15.17% is 86% above median its 10-year median of 8.15. Over the past 10 years, this metric has ranged from a low of 2.08 to a high of 10.56. The Industrial Products industry median ROA % is 3.11. Shree Refrigerations' value of 15.17% is 387.8% above this industry median. Based on the distribution chart, Shree Refrigerations ranks #484 out of 3077 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shree Refrigerations has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Shree Refrigerations' ROA % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shree Refrigerations ranks #484 out of 3077 companies for ROA %. This places Shree Refrigerations in the top 16% of its industry — outperforming the majority of peers. The industry median ROA % is 3.11. Shree Refrigerations' value of 15.17% is 387.8% above this benchmark. Historically, Shree Refrigerations' own ROA % has ranged from 2.08 to 10.56 over the past decade. While the company's 10-year median is 8.15 vs. the industry median of 3.11, Shree Refrigerations 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 3.11, based on 3,077 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. Shree Refrigerations's current ROA % of 15.17% is 387.8% 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 Shree Refrigerations and its competitors. For the Industrial Products industry, the median ROA % is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shree Refrigerations's current ROA % is 15.17%, which is 86% above median its own 10-year median of 8.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shree Refrigerations stock overvalued right now?
Shree Refrigerations (BOM:544458) has a current ROA % of 15.17%. The current ROA % is 15.17%, which is 86% above median its 10-year median of 8.15 and 387.8% above the Industrial Products industry median of 3.11. Shree Refrigerations' overall GF Score™ is 21/100 with 2 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 Shree Refrigerations (BOM:544458), the current ROA % is 15.17% 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.

Shree Refrigerations Business Description

Address Plot. No. 131/1+2, Virwade Road, Opposite MSEB Stores, Ogalewadi, Karad, MH, IND, 415105
Shree Refrigerations Ltd is engaged in the business of manufacturing Chillers, refrigeration and air conditioning appliances and other parts of Heating, Ventilation, Air Conditioning (HVAC) Industry, offering array of systems and equipment to industries majorly in domestic market. Its collection of products serves multiple industries including Automotive, Marine, Print Media, Chemical, Pharma and General engineering sectors. It is also actively involved in the manufacturing of marine chillers, having approved supplier registrations from various professional directorates of Indian Navy.
21GF Score

Get the complete analysis for BOM:544458

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

₹315.20
Price