Bhandari Hosiery Exports (NSE:BHANDARI) ROA %: 2.37% (As of Mar. 2026) — 19% Below Median


NSE:BHANDARI Bhandari Hosiery Exports Ltd NSE:BHANDARI
66 GF Score
Price ₹2.93
GF Value ₹2.75
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Bhandari Hosiery Exports ROA %?

Bhandari Hosiery Exports NSE:BHANDARI -1.01% 66 ROA % is 2.37% as of Mar. 2026, which is 19% below its 10-year median of 2.94. GuruFocus rates NSE:BHANDARI with a GF Score™ of 66/100 and a GF Value™ of ₹2.75 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,066 Manufacturing - Apparel & Accessories companies, Bhandari Hosiery Exports ranks better than 56.1% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Bhandari Hosiery Exports's annualized Net Income for the quarter that ended in Mar. 2026 was ₹75 Mil. Bhandari Hosiery Exports's average Total Assets over the quarter that ended in Mar. 2026 was ₹3,177 Mil. Therefore, Bhandari Hosiery Exports's annualized ROA % for the quarter that ended in Mar. 2026 was 2.37%.

The historical rank and industry rank for Bhandari Hosiery Exports's ROA % or its related term are showing as below:

NSE:BHANDARI' s ROA % Range Over the Past 10 Years
Min: 0.81   Med: 2.94   Max: 3.09
Current: 2.66

During the past 13 years, Bhandari Hosiery Exports's highest ROA % was 3.09%. The lowest was 0.81%. And the median was 2.94%.

NSE:BHANDARI's ROA % is ranked better than
56.1% of 1066 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.9 vs NSE:BHANDARI: 2.66

Bhandari Hosiery Exports  (NSE:BHANDARI) 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
=75.44/3176.86
=(Net Income / Revenue)*(Revenue / Total Assets)
=(75.44 / 3601.932)*(3601.932 / 3176.86)
=Net Margin %*Asset Turnover
=2.09 %*1.1338
=2.37 %

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.


Bhandari Hosiery Exports ROA % Related Terms


Bhandari Hosiery Exports ROA % Historical Data

* Premium members only.

The historical data trend for Bhandari Hosiery Exports'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.

Bhandari Hosiery Exports ROA % Chart

Bhandari Hosiery Exports Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.95 2.99 2.79 2.93 2.62

Bhandari Hosiery Exports Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.85 2.35 2.93 3.10 2.37

NSE:BHANDARI vs RL, LEVI, VFC: ROA % Comparison

For the Apparel Manufacturing subindustry, Bhandari Hosiery Exports'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.


Bhandari Hosiery Exports ROA % vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Bhandari Hosiery Exports's ROA % falls into.


NSE:BHANDARI
66GF Score
Bhandari Hosiery Exports Ltd NSE:BHANDARI
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bhandari Hosiery Exports ROA % Calculation

Bhandari Hosiery Exports'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 )
=77.683/( (2755.706+3176.86)/ 2 )
=77.683/2966.283
=2.62 %

Bhandari Hosiery Exports'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 )
=75.44/( (0+3176.86)/ 1 )
=75.44/3176.86
=2.37 %

* 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 2.37% mean?
Bhandari Hosiery Exports (NSE:BHANDARI) has a ROA % of 2.37% 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 Bhandari Hosiery Exports and its competitors. This is 19% below median its historical median of 2.94. Over the past decade, Bhandari Hosiery Exports' ROA % has ranged from 0.81 to 3.09. According to the industry distribution chart, Bhandari Hosiery Exports ranks #468 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 43.9%.
Is Bhandari Hosiery Exports' ROA % too high?
Bhandari Hosiery Exports' current ROA % of 2.37% is 19% below median its 10-year median of 2.94. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 3.09. The Manufacturing - Apparel & Accessories industry median ROA % is 1.90. Bhandari Hosiery Exports' value of 2.37% is 24.7% above this industry median. Based on the distribution chart, Bhandari Hosiery Exports ranks #468 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Bhandari Hosiery Exports has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bhandari Hosiery Exports' ROA % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bhandari Hosiery Exports ranks #468 out of 1066 companies for ROA %. This puts Bhandari Hosiery Exports in the upper half of its industry. The industry median ROA % is 1.90. Bhandari Hosiery Exports' value of 2.37% is 24.7% above this benchmark. Historically, Bhandari Hosiery Exports' own ROA % has ranged from 0.81 to 3.09 over the past decade. While the company's 10-year median is 2.94 vs. the industry median of 1.90, Bhandari Hosiery Exports 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 1.90, based on 1,066 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. Bhandari Hosiery Exports's current ROA % of 2.37% is 24.7% 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 Bhandari Hosiery Exports and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROA % is 1.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bhandari Hosiery Exports's current ROA % is 2.37%, which is 19% below median its own 10-year median of 2.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhandari Hosiery Exports stock overvalued right now?
Based on GuruFocus' analysis, Bhandari Hosiery Exports (NSE:BHANDARI) is currently considered Fairly Valued. The stock's GF Value™ is ₹2.75, compared to a current price of ₹2.93 — trading 6.5% above its estimated fair value. The current ROA % is 2.37%, which is 19% below median its 10-year median of 2.94 and 24.7% above the Manufacturing - Apparel & Accessories industry median of 1.90. Bhandari Hosiery Exports' overall GF Score™ is 66/100 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 Bhandari Hosiery Exports (NSE:BHANDARI), the current ROA % is 2.37% 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 Bhandari Hosiery Exports (NSE:BHANDARI) Overvalued in 2026?

Based on GuruFocus' analysis, Bhandari Hosiery Exports stock appears to be overvalued. The current stock price of ₹2.93 is trading 6.5% above its estimated GF Value™ of ₹2.75. GuruFocus considers Bhandari Hosiery Exports to be Fairly Valued.

Key valuation signals for NSE:BHANDARI:

  • ROA %: 2.37% (19% below median its 10-year median of 2.94)
  • GF Value™: ₹2.75 vs. price of ₹2.93 (6.5% above fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 24.7% above the Manufacturing - Apparel & Accessories median (#468 of 1066)

No single metric tells the full story. See the NSE:BHANDARI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bhandari Hosiery Exports Business Description

Other Exchanges 512608:India
Address Rahon Road, Bhandari House, Village Meharban, Ludhiana, PB, IND, 141007
Bhandari Hosiery Exports Ltd is an India-based firm. The company is engaged in the manufacturing and distribution of textiles consisting of fabric and garments. It is engaged in dyeing, knitting, and finishing of fabrics. Its product portfolio includes products like T-shirts, pullovers, sweatshirts, bermudas, polo shirts, tracksuits, pajamas, lowers, ladies, and knitted tops with embroidery and prints. The majority of its revenue is earned from the Indian market, while it is also engaged in the export of knitted hosiery garments.
66GF Score

Get the complete analysis for NSE:BHANDARI

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

₹2.93
Price
₹2.75
GF Value