Belrise Industries (NSE:BELRISE) ROA %: 6.09% (As of Mar. 2026) — 14% 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.

NSE:BELRISE Belrise Industries Ltd NSE:BELRISE
18 GF Score
Price ₹232.34
! 7 Warning Signs
View Full Analysis

What is Belrise Industries ROA %?

Belrise Industries NSE:BELRISE -1.78% 18 ROA % is 6.09% as of Mar. 2026, which is 14% above its 10-year median of 5.36. GuruFocus rates NSE:BELRISE with a GF Score™ of 18/100. The stock has 7 warning signs investors should review. Among 1,332 Vehicles & Parts companies, Belrise Industries ranks better than 74.55% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Belrise Industries's annualized Net Income for the quarter that ended in Mar. 2026 was ₹5,209 Mil. Belrise Industries's average Total Assets over the quarter that ended in Mar. 2026 was ₹85,498 Mil. Therefore, Belrise Industries's annualized ROA % for the quarter that ended in Mar. 2026 was 6.09%.

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

NSE:BELRISE' s ROA % Range Over the Past 10 Years
Min: 5.04   Med: 5.36   Max: 6.3
Current: 6.25

During the past 5 years, Belrise Industries's highest ROA % was 6.30%. The lowest was 5.04%. And the median was 5.36%.

NSE:BELRISE's ROA % is ranked better than
74.55% of 1332 companies
in the Vehicles & Parts industry
Industry Median: 2.975 vs NSE:BELRISE: 6.25

Belrise Industries  (NSE:BELRISE) 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
=5209/85497.86
=(Net Income / Revenue)*(Revenue / Total Assets)
=(5209 / 102113.2)*(102113.2 / 85497.86)
=Net Margin %*Asset Turnover
=5.1 %*1.1943
=6.09 %

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.


Belrise Industries ROA % Related Terms


Belrise Industries ROA % Historical Data

* Premium members only.

The historical data trend for Belrise 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.

Belrise Industries ROA % Chart

Belrise Industries Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROA %
5.04 5.77 5.35 5.36 6.30

Belrise Industries Quarterly Data
Mar22 Mar23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 6.37 6.18 6.58 6.03 6.09

NSE:BELRISE vs ORLY, AZO: ROA % Comparison

For the Auto Parts subindustry, Belrise 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.


Belrise Industries ROA % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Belrise Industries's ROA % distribution charts can be found below:

* The bar in red indicates where Belrise Industries's ROA % falls into.


NSE:BELRISE
18GF Score
Belrise Industries Ltd NSE:BELRISE
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Belrise Industries ROA % Calculation

Belrise Industries'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 )
=4968.6/( (72254.85+85497.86)/ 2 )
=4968.6/78876.355
=6.30 %

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

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=5209/( (0+85497.86)/ 1 )
=5209/85497.86
=6.09 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 6.09% mean?
Belrise Industries (NSE:BELRISE) has a ROA % of 6.09% 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 Belrise Industries and its competitors. This is 14% above median its historical median of 5.36. Over the past decade, Belrise Industries' ROA % has ranged from 5.04 to 6.30. According to the industry distribution chart, Belrise Industries ranks #339 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 25.5%.
Is Belrise Industries' ROA % too high?
Belrise Industries' current ROA % of 6.09% is 14% above median its 10-year median of 5.36. Over the past 10 years, this metric has ranged from a low of 5.04 to a high of 6.30. The Vehicles & Parts industry median ROA % is 2.98. Belrise Industries' value of 6.09% is 104.7% above this industry median. Based on the distribution chart, Belrise Industries ranks #339 out of 1332 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Belrise Industries has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Belrise Industries' ROA % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Belrise Industries ranks #339 out of 1332 companies for ROA %. This puts Belrise Industries in the upper half of its industry. The industry median ROA % is 2.98. Belrise Industries' value of 6.09% is 104.7% above this benchmark. Historically, Belrise Industries' own ROA % has ranged from 5.04 to 6.30 over the past decade. While the company's 10-year median is 5.36 vs. the industry median of 2.98, Belrise 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 a Vehicles & Parts company?
The median ROA % among Vehicles & Parts companies is 2.98, based on 1,332 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. Belrise Industries's current ROA % of 6.09% is 104.7% 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 Belrise Industries and its competitors. For the Vehicles & Parts industry, the median ROA % is 2.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Belrise Industries's current ROA % is 6.09%, which is 14% above median its own 10-year median of 5.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Belrise Industries stock overvalued right now?
Belrise Industries (NSE:BELRISE) has a current ROA % of 6.09%. The current ROA % is 6.09%, which is 14% above median its 10-year median of 5.36 and 104.7% above the Vehicles & Parts industry median of 2.98. Belrise Industries' overall GF Score™ is 18/100 with 7 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 Belrise Industries (NSE:BELRISE), the current ROA % is 6.09% 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.

Belrise Industries Business Description

Other Exchanges 544405:India
Address Fergusson College Road, Office No. 501 and 502, Fifth Floor, Cello Platina, Shivaji Nagar, Pune, MH, IND, 411005
Belrise Industries Ltd is an automotive component manufacturing company. It offers a diverse range of safety-critical systems for the mobility sector. The group serves diverse vehicle segments, including Two-Wheelers (2Ws), Three-Wheelers (3Ws), Passenger Vehicles (PVs), Commercial Vehicles (CVs), and Agri Vehicles (AVs). The product portfolio includes metal chassis systems, polymer components, suspension systems, body-in-white components, and exhaust systems, among others.
18GF Score

Get the complete analysis for NSE:BELRISE

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

₹232.34
Price