Birla CableNSE:BIRLACABLE -2.62%80 ROA % is 9.30% as of Mar. 2026, which is 115% above its 10-year median of 4.33. GuruFocus rates NSE:BIRLACABLE with a GF Score™ of 80/100 and a GF Value™ of ₹212.08 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,502 Hardware companies, Birla Cable ranks better than 60.51% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Birla Cable's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹432 Mil.
Birla Cable's average Total Assets over the quarter that ended in Mar. 2026 was ₹4,645 Mil. Therefore, Birla Cable's annualized ROA % for the quarter that ended in Mar. 2026 was 9.30%.
The historical rank and industry rank for Birla Cable's ROA % or its related term are showing as below:
NSE:BIRLACABLE'
s ROA % Range Over the Past 10 Years
Min: 0.33 Med: 4.33 Max: 15.71
Current: 3.87
During the past 13 years, Birla Cable's highest ROA % was 15.71%. The lowest was 0.33%. And the median was 4.33%.
NSE:BIRLACABLE's ROA % is ranked better than 60.51% of 2502
companies
in the Hardware industry
Industry Median: 2.265
vs NSE:BIRLACABLE: 3.87
Birla Cable (NSE:BIRLACABLE) 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.
Birla Cable ROA % Related Terms
Birla Cable ROA % Historical Data
* Premium members only.
The historical data trend for Birla Cable'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.
NSE:BIRLACABLE vs CSCO, CIEN, MSI: ROA % Comparison
For the Communication Equipment subindustry, Birla Cable'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.
Birla Cable ROA % vs Hardware Industry
For the Hardware industry and Technology sector, Birla Cable's ROA % distribution charts can be found below:
* The bar in red indicates where Birla Cable'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.
Birla Cable (NSE:BIRLACABLE) has a ROA % of 9.30% 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 Birla Cable and its competitors. This is 115% above median its historical median of 4.33. Over the past decade, Birla Cable's ROA % has ranged from 0.33 to 15.71. According to the industry distribution chart, Birla Cable ranks #988 out of 2502 companies in the Hardware industry, placing it in the top 39.5%.
Is Birla Cable's ROA % too high?
Birla Cable's current ROA % of 9.30% is 115% above median its 10-year median of 4.33. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 15.71. The Hardware industry median ROA % is 2.27. Birla Cable's value of 9.30% is 310.6% above this industry median. Based on the distribution chart, Birla Cable ranks #988 out of 2502 companies in the Hardware industry, which is above the industry midpoint. Overall, Birla Cable has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Birla Cable's ROA % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Birla Cable ranks #988 out of 2502 companies for ROA %. This puts Birla Cable in the upper half of its industry. The industry median ROA % is 2.27. Birla Cable's value of 9.30% is 310.6% above this benchmark. Historically, Birla Cable's own ROA % has ranged from 0.33 to 15.71 over the past decade. While the company's 10-year median is 4.33 vs. the industry median of 2.27, Birla Cable 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 Hardware company?
The median ROA % among Hardware companies is 2.27, based on 2,502 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. Birla Cable's current ROA % of 9.30% is 310.6% 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 Birla Cable and its competitors. For the Hardware industry, the median ROA % is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Birla Cable's current ROA % is 9.30%, which is 115% above median its own 10-year median of 4.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Birla Cable stock overvalued right now?
Based on GuruFocus' analysis, Birla Cable (NSE:BIRLACABLE) is currently considered Fairly Valued. The stock's GF Value™ is ₹212.08, compared to a current price of ₹207.74 — trading 2% below its estimated fair value. The current ROA % is 9.30%, which is 115% above median its 10-year median of 4.33 and 310.6% above the Hardware industry median of 2.27. Birla Cable's overall GF Score™ is 80/100 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 Birla Cable (NSE:BIRLACABLE), the current ROA % is 9.30% 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 Birla Cable (NSE:BIRLACABLE) Overvalued in 2026?
Based on GuruFocus' analysis, Birla Cable stock appears to be undervalued.
The current stock price of ₹207.74 is trading 2% below its estimated GF Value™ of ₹212.08.
GuruFocus considers Birla Cable to be Fairly Valued.
Key valuation signals for NSE:BIRLACABLE:
ROA %: 9.30% (115% above median its 10-year median of 4.33)
GF Value™: ₹212.08 vs. price of ₹207.74 (2% below fair value)
Industry Position: 310.6% above the Hardware median (#988 of 2502)
No single metric tells the full story. See the NSE:BIRLACABLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Birla Cable Ltd is engaged in the manufacturing and sale of telecommunication cables, consisting of both copper and optical fiber, and other types of specialty wires and cables. Its geographical segments include Domestic Market (within India) and Overseas Market (outside India). The firm offers products in various categories such as optical fiber cables, including armored and unarmored, di-electric self-supporting aerial, figure-8 type aerial, drop, and interconnect cables. It also offers specialty cables, such as stainless steel wire armored tactical, coaxial, switchboard, screened PCM, and CAT cables, as well as automobile wires. In addition, the company provides telecom fiber accessories comprising connectors, adapters, pigtails, and cable accessories.
80GF Score
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