Bajel ProjectsNSE:BAJEL -0.16%11 ROA % is 2.23% as of Mar. 2026, which is 254% above its 10-year median of 0.63. GuruFocus rates NSE:BAJEL with a GF Score™ of 11/100. The stock has 2 warning signs investors should review. Among 510 Utilities - Regulated companies, Bajel Projects ranks worse than 78.43% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Bajel Projects's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹566 Mil.
Bajel Projects's average Total Assets over the quarter that ended in Mar. 2026 was ₹25,385 Mil. Therefore, Bajel Projects's annualized ROA % for the quarter that ended in Mar. 2026 was 2.23%.
The historical rank and industry rank for Bajel Projects's ROA % or its related term are showing as below:
NSE:BAJEL'
s ROA % Range Over the Past 10 Years
Min: -0.17 Med: 0.63 Max: 0.92
Current: 0.92
During the past 4 years, Bajel Projects's highest ROA % was 0.92%. The lowest was -0.17%. And the median was 0.63%.
NSE:BAJEL's ROA % is ranked worse than 78.43% of 510
companies
in the Utilities - Regulated industry
Industry Median: 3.05
vs NSE:BAJEL: 0.92
Bajel Projects (NSE:BAJEL) 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.
Bajel Projects ROA % Related Terms
Bajel Projects ROA % Historical Data
* Premium members only.
The historical data trend for Bajel Projects'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 Utilities - Regulated Electric subindustry, Bajel Projects'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.
Bajel Projects ROA % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Bajel Projects's ROA % distribution charts can be found below:
* The bar in red indicates where Bajel Projects'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.
Bajel Projects (NSE:BAJEL) has a ROA % of 2.23% 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 Bajel Projects and its competitors. This is 254% above median its historical median of 0.63. According to the industry distribution chart, Bajel Projects ranks #400 out of 510 companies in the Utilities - Regulated industry, placing it in the top 78.4%.
Is Bajel Projects' ROA % too high?
Bajel Projects' current ROA % of 2.23% is 254% above median its 10-year median of 0.63. The Utilities - Regulated industry median ROA % is 3.05. Bajel Projects' value of 2.23% is 26.9% below this industry median. Based on the distribution chart, Bajel Projects ranks #400 out of 510 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Bajel Projects has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Bajel Projects' ROA % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Bajel Projects ranks #400 out of 510 companies for ROA %. This places Bajel Projects in the lower half of its industry. The industry median ROA % is 3.05. Bajel Projects' value of 2.23% is 26.9% below this benchmark. While the company's 10-year median is 0.63 vs. the industry median of 3.05, Bajel Projects has consistently been below 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 Utilities - Regulated company?
The median ROA % among Utilities - Regulated companies is 3.05, based on 510 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. Bajel Projects's current ROA % of 2.23% is 26.9% below 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 Bajel Projects and its competitors. For the Utilities - Regulated industry, the median ROA % is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bajel Projects's current ROA % is 2.23%, which is 254% above median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bajel Projects stock overvalued right now?
Bajel Projects (NSE:BAJEL) has a current ROA % of 2.23%. The current ROA % is 2.23%, which is 254% above median its 10-year median of 0.63 and 26.9% below the Utilities - Regulated industry median of 3.05. Bajel Projects' overall GF Score™ is 11/100 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 Bajel Projects (NSE:BAJEL), the current ROA % is 2.23% 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.
Bajel Projects Ltd is a Superior company in the business of four main segments, which are Power Transmission, Power Distribution, Monopoles and International Business. It is known for its project management skills and driving operations excellence, making it a preferred partner for several states, international governments, and private infrastructural projects. The company also provides services for the manufacturing & installation of Monopoles, Lattice Structures, Lighting Poles & Masts and Galvanizing services.
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