Aritas Vinyl (BOM:544683) ROA %: 3.62% (As of Mar. 2026) — 46% 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:544683 Aritas Vinyl Ltd BOM:544683
13 GF Score
Price ₹13.60
! 3 Warning Signs
View Full Analysis

What is Aritas Vinyl ROA %?

Aritas Vinyl BOM:544683 -0.37% 13 ROA % is 3.62% as of Mar. 2026, which is 46% above its 10-year median of 2.48. GuruFocus rates BOM:544683 with a GF Score™ of 13/100. The stock has 3 warning signs investors should review. Among 1,064 Manufacturing - Apparel & Accessories companies, Aritas Vinyl ranks worse than 51.5% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Aritas Vinyl's annualized Net Income for the quarter that ended in Mar. 2026 was ₹37.3 Mil. Aritas Vinyl's average Total Assets over the quarter that ended in Mar. 2026 was ₹1,031.8 Mil. Therefore, Aritas Vinyl's annualized ROA % for the quarter that ended in Mar. 2026 was 3.62%.

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

BOM:544683' s ROA % Range Over the Past 10 Years
Min: 1.81   Med: 2.48   Max: 4.78
Current: 1.81

During the past 5 years, Aritas Vinyl's highest ROA % was 4.78%. The lowest was 1.81%. And the median was 2.48%.

BOM:544683's ROA % is ranked worse than
51.5% of 1064 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.97 vs BOM:544683: 1.81

Aritas Vinyl  (BOM:544683) 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
=37.334/1031.8225
=(Net Income / Revenue)*(Revenue / Total Assets)
=(37.334 / 1034.514)*(1034.514 / 1031.8225)
=Net Margin %*Asset Turnover
=3.61 %*1.0026
=3.62 %

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.


Aritas Vinyl ROA % Related Terms


Aritas Vinyl ROA % Historical Data

* Premium members only.

The historical data trend for Aritas Vinyl'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.

Aritas Vinyl ROA % Chart

Aritas Vinyl Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROA %
2.24 2.10 2.48 4.78 4.61

Aritas Vinyl Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Mar26
ROA % 0.00 0.00 0.00 5.04 3.62

BOM:544683 vs RL, LEVI, VFC: ROA % Comparison

For the Apparel Manufacturing subindustry, Aritas Vinyl'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.


Aritas Vinyl ROA % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Aritas Vinyl's ROA % distribution charts can be found below:

* The bar in red indicates where Aritas Vinyl's ROA % falls into.


BOM:544683
13GF Score
Aritas Vinyl Ltd BOM:544683
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aritas Vinyl ROA % Calculation

Aritas Vinyl'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 )
=47.521/( (952.63+1111.015)/ 2 )
=47.521/1031.8225
=4.61 %

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

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Mar. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=37.334/( (952.63+1111.015)/ 2 )
=37.334/1031.8225
=3.62 %

* 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 3.62% mean?
Aritas Vinyl (BOM:544683) has a ROA % of 3.62% 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 Aritas Vinyl and its competitors. This is 46% above median its historical median of 2.48. Over the past decade, Aritas Vinyl's ROA % has ranged from 1.81 to 4.78. According to the industry distribution chart, Aritas Vinyl ranks #548 out of 1064 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 51.5%.
Is Aritas Vinyl's ROA % too high?
Aritas Vinyl's current ROA % of 3.62% is 46% above median its 10-year median of 2.48. Over the past 10 years, this metric has ranged from a low of 1.81 to a high of 4.78. The Manufacturing - Apparel & Accessories industry median ROA % is 1.97. Aritas Vinyl's value of 3.62% is 83.8% above this industry median. Based on the distribution chart, Aritas Vinyl ranks #548 out of 1064 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Aritas Vinyl has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Aritas Vinyl's ROA % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Aritas Vinyl ranks #548 out of 1064 companies for ROA %. This places Aritas Vinyl in the lower half of its industry. The industry median ROA % is 1.97. Aritas Vinyl's value of 3.62% is 83.8% above this benchmark. Historically, Aritas Vinyl's own ROA % has ranged from 1.81 to 4.78 over the past decade. While the company's 10-year median is 2.48 vs. the industry median of 1.97, Aritas Vinyl 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 Manufacturing - Apparel & Accessories company?
The median ROA % among Manufacturing - Apparel & Accessories companies is 1.97, based on 1,064 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. Aritas Vinyl's current ROA % of 3.62% is 83.8% 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 Aritas Vinyl and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROA % is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aritas Vinyl's current ROA % is 3.62%, which is 46% above median its own 10-year median of 2.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aritas Vinyl stock overvalued right now?
Aritas Vinyl (BOM:544683) has a current ROA % of 3.62%. The current ROA % is 3.62%, which is 46% above median its 10-year median of 2.48 and 83.8% above the Manufacturing - Apparel & Accessories industry median of 1.97. Aritas Vinyl's overall GF Score™ is 13/100 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 Aritas Vinyl (BOM:544683), the current ROA % is 3.62% 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.

Aritas Vinyl Business Description

Address Survey No. 1134, Near Elegant Vinyl Private Limited, Daskroi, Ahmedabad, GJ, IND, 382430
Aritas Vinyl Ltd is engaged in the manufacture of artificial leather, including PVC leather cloth, PVC vinyl, soft board, and PVC fabrics produced from PVC materials. These products are supplied for use in a range of applications, including travel goods, personal accessories, toys, stationery items, footwear, apparel, and other related products. The company operates in a single segment i.e. Artificial Leather (PVC Leather Cloth) Manufacturing. Geographically, it exports to various countries including Greece, Oman, UAE, etc. The company derives revenue from the sale of its products, with the majority generated from its sales in the domestic markets.
13GF Score

Get the complete analysis for BOM:544683

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

₹13.60
Price