Apar IndustriesNSE:APARINDS -6.99%83 ROA % is 7.39% as of Mar. 2026, which is 48% above its 10-year median of 4.99. GuruFocus rates NSE:APARINDS with a GF Score™ of 83/100 and a GF Value™ of ₹10,267.72 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 3,074 Industrial Products companies, Apar Industries ranks better than 81.2% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Apar Industries's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹10,138 Mil.
Apar Industries's average Total Assets over the quarter that ended in Mar. 2026 was ₹137,113 Mil. Therefore, Apar Industries's annualized ROA % for the quarter that ended in Mar. 2026 was 7.39%.
The historical rank and industry rank for Apar Industries's ROA % or its related term are showing as below:
NSE:APARINDS'
s ROA % Range Over the Past 10 Years
Min: 2.82 Med: 4.99 Max: 9.25
Current: 8.08
During the past 13 years, Apar Industries's highest ROA % was 9.25%. The lowest was 2.82%. And the median was 4.99%.
NSE:APARINDS's ROA % is ranked better than 81.2% of 3074
companies
in the Industrial Products industry
Industry Median: 3.02
vs NSE:APARINDS: 8.08
Apar Industries (NSE:APARINDS) 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.
Apar Industries ROA % Related Terms
Apar Industries ROA % Historical Data
* Premium members only.
The historical data trend for Apar Industries'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 Electrical Equipment & Parts subindustry, Apar 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.
Apar Industries ROA % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Apar Industries's ROA % distribution charts can be found below:
* The bar in red indicates where Apar 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 four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Apar Industries (NSE:APARINDS) has a ROA % of 7.39% 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 Apar Industries and its competitors. This is 48% above median its historical median of 4.99. Over the past decade, Apar Industries' ROA % has ranged from 2.82 to 9.25. According to the industry distribution chart, Apar Industries ranks #578 out of 3074 companies in the Industrial Products industry, placing it in the top 18.8%.
Is Apar Industries' ROA % too high?
Apar Industries' current ROA % of 7.39% is 48% above median its 10-year median of 4.99. Over the past 10 years, this metric has ranged from a low of 2.82 to a high of 9.25. The Industrial Products industry median ROA % is 3.02. Apar Industries' value of 7.39% is 144.7% above this industry median. Based on the distribution chart, Apar Industries ranks #578 out of 3074 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Apar Industries has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apar Industries' ROA % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Apar Industries ranks #578 out of 3074 companies for ROA %. This places Apar Industries in the top 19% of its industry — outperforming the majority of peers. The industry median ROA % is 3.02. Apar Industries' value of 7.39% is 144.7% above this benchmark. Historically, Apar Industries' own ROA % has ranged from 2.82 to 9.25 over the past decade. While the company's 10-year median is 4.99 vs. the industry median of 3.02, Apar Industries 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 3.02, based on 3,074 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. Apar Industries's current ROA % of 7.39% is 144.7% 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 Apar Industries and its competitors. For the Industrial Products industry, the median ROA % is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apar Industries's current ROA % is 7.39%, which is 48% above median its own 10-year median of 4.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apar Industries stock overvalued right now?
Based on GuruFocus' analysis, Apar Industries (NSE:APARINDS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹10,267.72, compared to a current price of ₹14,598.00 — trading 42.2% above its estimated fair value. The current ROA % is 7.39%, which is 48% above median its 10-year median of 4.99 and 144.7% above the Industrial Products industry median of 3.02. Apar Industries' overall GF Score™ is 83/100 with 6 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 Apar Industries (NSE:APARINDS), the current ROA % is 7.39% 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.
Is Apar Industries (NSE:APARINDS) Overvalued in 2026?
Based on GuruFocus' analysis, Apar Industries stock appears to be overvalued.
The current stock price of ₹14,598.00 is trading 42.2% above its estimated GF Value™ of ₹10,267.72.
GuruFocus considers Apar Industries to be Significantly Overvalued.
Key valuation signals for NSE:APARINDS:
ROA %: 7.39% (48% above median its 10-year median of 4.99)
GF Value™: ₹10,267.72 vs. price of ₹14,598.00 (42.2% above fair value)
Industry Position: 144.7% above the Industrial Products median (#578 of 3074)
No single metric tells the full story. See the NSE:APARINDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apar Industries Ltd is engaged in the business of manufacture and sale of conductors. The company's reportable segments include Conductor, Transformer & Specialities Oils and Power/Telecom Cables. It generates maximum revenue from the Conductor segment. Geographically, it derives a majority of its revenue from India. Its product categories include Transformer Oils, White Oils, Petroleum Jelly, Process Oils, Electrical cables, Elastomer and E-beam cables, Light duty cables and wires, Fibre optic cables, Automotive engine oils, Automotive gear oil, Transmission fluid, PICC conductors, Railway overhead conductors, Specialty wires.
83GF Score
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