GRE Renew Enertech (BOM:544682) ROA %: 25.74% (As of Mar. 2026) — 57% Above Median

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BOM:544682 GRE Renew Enertech Ltd BOM:544682
21 GF Score
Price ₹170.20
! 4 Warning Signs
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What is GRE Renew Enertech ROA %?

GRE Renew Enertech BOM:544682 -4.19% 21 ROA % is 25.74% as of Mar. 2026, which is 57% above its 10-year median of 16.39. GuruFocus rates BOM:544682 with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 1,028 Semiconductors companies, GRE Renew Enertech ranks better than 94.84% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. GRE Renew Enertech's annualized Net Income for the quarter that ended in Mar. 2026 was ₹192 Mil. GRE Renew Enertech's average Total Assets over the quarter that ended in Mar. 2026 was ₹744 Mil. Therefore, GRE Renew Enertech's annualized ROA % for the quarter that ended in Mar. 2026 was 25.74%.

The historical rank and industry rank for GRE Renew Enertech's ROA % or its related term are showing as below:

BOM:544682' s ROA % Range Over the Past 10 Years
Min: 1.73   Med: 16.39   Max: 20.96
Current: 20.96

During the past 4 years, GRE Renew Enertech's highest ROA % was 20.96%. The lowest was 1.73%. And the median was 16.39%.

BOM:544682's ROA % is ranked better than
94.84% of 1028 companies
in the Semiconductors industry
Industry Median: 2.515 vs BOM:544682: 20.96

GRE Renew Enertech  (BOM:544682) 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
=191.552/744.301
=(Net Income / Revenue)*(Revenue / Total Assets)
=(191.552 / 1582.344)*(1582.344 / 744.301)
=Net Margin %*Asset Turnover
=12.11 %*2.1259
=25.74 %

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.


GRE Renew Enertech ROA % Related Terms


GRE Renew Enertech ROA % Historical Data

* Premium members only.

The historical data trend for GRE Renew Enertech'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.

GRE Renew Enertech ROA % Chart

GRE Renew Enertech Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROA %
1.73 19.66 14.85 17.92

GRE Renew Enertech Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
ROA % 0.00 0.00 15.43 18.13 25.74

BOM:544682 vs FSLR, NXT, ENPH: ROA % Comparison

For the Solar subindustry, GRE Renew Enertech'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.


GRE Renew Enertech ROA % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, GRE Renew Enertech's ROA % distribution charts can be found below:

* The bar in red indicates where GRE Renew Enertech's ROA % falls into.


BOM:544682
21GF Score
GRE Renew Enertech Ltd BOM:544682
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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GRE Renew Enertech ROA % Calculation

GRE Renew Enertech'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 )
=135.774/( (454.614+1060.858)/ 2 )
=135.774/757.736
=17.92 %

GRE Renew Enertech'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 )
=191.552/( (427.744+1060.858)/ 2 )
=191.552/744.301
=25.74 %

* 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 25.74% mean?
GRE Renew Enertech (BOM:544682) has a ROA % of 25.74% 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 GRE Renew Enertech and its competitors. This is 57% above median its historical median of 16.39. Over the past decade, GRE Renew Enertech's ROA % has ranged from 1.73 to 20.96. According to the industry distribution chart, GRE Renew Enertech ranks #53 out of 1028 companies in the Semiconductors industry, placing it in the top 5.2%.
Is GRE Renew Enertech's ROA % too high?
GRE Renew Enertech's current ROA % of 25.74% is 57% above median its 10-year median of 16.39. Over the past 10 years, this metric has ranged from a low of 1.73 to a high of 20.96. The Semiconductors industry median ROA % is 2.52. GRE Renew Enertech's value of 25.74% is 923.5% above this industry median. Based on the distribution chart, GRE Renew Enertech ranks #53 out of 1028 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, GRE Renew Enertech has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does GRE Renew Enertech's ROA % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, GRE Renew Enertech ranks #53 out of 1028 companies for ROA %. This places GRE Renew Enertech in the top 5% of its industry — outperforming the majority of peers. The industry median ROA % is 2.52. GRE Renew Enertech's value of 25.74% is 923.5% above this benchmark. Historically, GRE Renew Enertech's own ROA % has ranged from 1.73 to 20.96 over the past decade. While the company's 10-year median is 16.39 vs. the industry median of 2.52, GRE Renew Enertech 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 a Semiconductors company?
The median ROA % among Semiconductors companies is 2.52, based on 1,028 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. GRE Renew Enertech's current ROA % of 25.74% is 923.5% 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 GRE Renew Enertech and its competitors. For the Semiconductors industry, the median ROA % is 2.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GRE Renew Enertech's current ROA % is 25.74%, which is 57% above median its own 10-year median of 16.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GRE Renew Enertech stock overvalued right now?
GRE Renew Enertech (BOM:544682) has a current ROA % of 25.74%. The current ROA % is 25.74%, which is 57% above median its 10-year median of 16.39 and 923.5% above the Semiconductors industry median of 2.52. GRE Renew Enertech's overall GF Score™ is 21/100 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 GRE Renew Enertech (BOM:544682), the current ROA % is 25.74% 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.

GRE Renew Enertech Business Description

Address Science City Road, B-1104/1105, Empire Business Hub, Near Shukan Mall, Sola, Ahmedabad, GJ, IND, 380060
GRE Renew Enertech Ltd is engaged in the manufacturing of LED products, solar power generation systems, and power products. The Company provides on-site solar energy solutions, including rooftop and ground-mounted installations. It operates in two reportable segments: Capital Expenditure (CAPEX), which includes engineering, procurement, construction, and operation of solar projects, and Renewable Energy Service Company (RESCO), under which the Company finances, owns, and operates solar projects and supplies electricity to users at an agreed tariff over a defined period. The Company generates the majority of its revenue from solar services.
21GF Score

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

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