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Narmadesh Brass IndustriesBOM:544680 14 ROA % is -2.20% as of Mar. 2026. GuruFocus rates BOM:544680 with a GF Score™ of 14/100. The stock has 4 warning signs investors should review. Among 3,079 Industrial Products companies, Narmadesh Brass Industries ranks better than 63.17% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Narmadesh Brass Industries's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹-15.3 Mil.
Narmadesh Brass Industries's average Total Assets over the quarter that ended in Mar. 2026 was ₹696.1 Mil. Therefore, Narmadesh Brass Industries's annualized ROA % for the quarter that ended in Mar. 2026 was -2.20%.
The historical rank and industry rank for Narmadesh Brass Industries's ROA % or its related term are showing as below:
BOM:544680'
s ROA % Range Over the Past 10 Years
Min: 4.06 Med: 7.38 Max: 20.66
Current: 4.9
During the past 4 years, Narmadesh Brass Industries's highest ROA % was 20.66%. The lowest was 4.06%. And the median was 7.38%.
BOM:544680's ROA % is ranked better than 63.17% of 3079
companies
in the Industrial Products industry
Industry Median: 3.07
vs BOM:544680: 4.90
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 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.
* 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.
Narmadesh Brass Industries ROA % Chart
Narmadesh Brass Industries Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
ROA %
4.06
20.66
9.53
5.23
Narmadesh Brass Industries Semi-Annual Data
Mar23
Mar24
Mar25
Sep25
Mar26
ROA %
0.00
0.00
0.00
13.07
-2.20
BOM:544680 vs CRS, ATI, MLI: ROA % Comparison
For the Metal Fabrication subindustry, Narmadesh Brass Industries'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.
Narmadesh Brass Industries ROA % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Narmadesh Brass Industries's ROA % distribution charts can be found below:
* The bar in red indicates where Narmadesh Brass Industries'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 two times the semi-annual (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Narmadesh Brass Industries (BOM:544680) has a ROA % of -2.20% 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 Narmadesh Brass Industries and its competitors. Over the past decade, Narmadesh Brass Industries' ROA % has ranged from 4.06 to 20.66. According to the industry distribution chart, Narmadesh Brass Industries ranks #1134 out of 3079 companies in the Industrial Products industry, placing it in the top 36.8%.
Is Narmadesh Brass Industries' ROA % too high?
Narmadesh Brass Industries' current ROA % is -2.20%. Over the past 10 years, this metric has ranged from a low of 4.06 to a high of 20.66. Based on the distribution chart, Narmadesh Brass Industries ranks #1134 out of 3079 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Narmadesh Brass Industries has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Narmadesh Brass Industries' ROA % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Narmadesh Brass Industries ranks #1134 out of 3079 companies for ROA %. This puts Narmadesh Brass Industries in the upper half of its industry. The industry median ROA % is 3.07. Historically, Narmadesh Brass Industries' own ROA % has ranged from 4.06 to 20.66 over the past decade. 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 3.07, based on 3,079 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 Narmadesh Brass Industries and its competitors. For the Industrial Products industry, the median ROA % is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Narmadesh Brass Industries's current ROA % is -2.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Narmadesh Brass Industries stock overvalued right now?
Narmadesh Brass Industries (BOM:544680) has a current ROA % of -2.20%. The current ROA % is -2.20%. Narmadesh Brass Industries' overall GF Score™ is 14/100 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 Narmadesh Brass Industries (BOM:544680), the current ROA % is -2.20% 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.
Narmadesh Brass Industries Ltd is engaged in manufacturing a diverse range of brass products catering to both domestic and international markets. It also offers casting and forging services related to brass components. Its product offering includes brass rods, brass billets, agricultural sprayer parts, garden fittings, ball valves, non-return valves (NRVs), turning components and plumbing fittings, sanitary fittings, brass compression fittings etc. The company is operating in a single business segment i.e. Manufacturing and trading of Brass items. The company derives a substantial portion of revenue from the sale of its products, with the majority generated from the sale of Brass Rods.
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