Dalmia Bharat (NSE:DALBHARAT) ROA %: 4.65% (As of Mar. 2026) — 59% Above Median


NSE:DALBHARAT Dalmia Bharat Ltd NSE:DALBHARAT
78 GF Score
Price ₹1,765.10
GF Value ₹2,160.63
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Dalmia Bharat ROA %?

Dalmia Bharat NSE:DALBHARAT +0.98% 78 ROA % is 4.65% as of Mar. 2026, which is 59% above its 10-year median of 2.93. GuruFocus rates NSE:DALBHARAT with a GF Score™ of 78/100 and a GF Value™ of ₹2,160.63 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 410 Building Materials companies, Dalmia Bharat ranks better than 60% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Dalmia Bharat's annualized Net Income for the quarter that ended in Mar. 2026 was ₹15,480 Mil. Dalmia Bharat's average Total Assets over the quarter that ended in Mar. 2026 was ₹333,120 Mil. Therefore, Dalmia Bharat's annualized ROA % for the quarter that ended in Mar. 2026 was 4.65%.

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

NSE:DALBHARAT' s ROA % Range Over the Past 10 Years
Min: 1.08   Med: 2.93   Max: 5.43
Current: 3.59

During the past 10 years, Dalmia Bharat's highest ROA % was 5.43%. The lowest was 1.08%. And the median was 2.93%.

NSE:DALBHARAT's ROA % is ranked better than
60% of 410 companies
in the Building Materials industry
Industry Median: 2.345 vs NSE:DALBHARAT: 3.59

Dalmia Bharat  (NSE:DALBHARAT) 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
=15480/333120
=(Net Income / Revenue)*(Revenue / Total Assets)
=(15480 / 169800)*(169800 / 333120)
=Net Margin %*Asset Turnover
=9.12 %*0.5097
=4.65 %

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.


Dalmia Bharat ROA % Related Terms


Dalmia Bharat ROA % Historical Data

* Premium members only.

The historical data trend for Dalmia Bharat'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.

Dalmia Bharat ROA % Chart

Dalmia Bharat 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 3.49 4.12 3.10 2.36 3.59

Dalmia Bharat 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 5.76 5.20 3.00 1.55 4.65

NSE:DALBHARAT vs CRH, VMC, MLM: ROA % Comparison

For the Building Materials subindustry, Dalmia Bharat'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.


Dalmia Bharat ROA % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Dalmia Bharat's ROA % distribution charts can be found below:

* The bar in red indicates where Dalmia Bharat's ROA % falls into.


NSE:DALBHARAT
78GF Score
Dalmia Bharat Ltd NSE:DALBHARAT
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Dalmia Bharat ROA % Calculation

Dalmia Bharat'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 )
=11390/( (302260+333120)/ 2 )
=11390/317690
=3.59 %

Dalmia Bharat'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 )
=15480/( (0+333120)/ 1 )
=15480/333120
=4.65 %

* 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 4.65% mean?
Dalmia Bharat (NSE:DALBHARAT) has a ROA % of 4.65% 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 Dalmia Bharat and its competitors. This is 59% above median its historical median of 2.93. Over the past decade, Dalmia Bharat's ROA % has ranged from 1.08 to 5.43. According to the industry distribution chart, Dalmia Bharat ranks #164 out of 410 companies in the Building Materials industry, placing it in the top 40%.
Is Dalmia Bharat's ROA % too high?
Dalmia Bharat's current ROA % of 4.65% is 59% above median its 10-year median of 2.93. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 5.43. The Building Materials industry median ROA % is 2.35. Dalmia Bharat's value of 4.65% is 98.3% above this industry median. Based on the distribution chart, Dalmia Bharat ranks #164 out of 410 companies in the Building Materials industry, which is above the industry midpoint. Overall, Dalmia Bharat has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dalmia Bharat's ROA % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Dalmia Bharat ranks #164 out of 410 companies for ROA %. This puts Dalmia Bharat in the upper half of its industry. The industry median ROA % is 2.35. Dalmia Bharat's value of 4.65% is 98.3% above this benchmark. Historically, Dalmia Bharat's own ROA % has ranged from 1.08 to 5.43 over the past decade. While the company's 10-year median is 2.93 vs. the industry median of 2.35, Dalmia Bharat 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 Building Materials company?
The median ROA % among Building Materials companies is 2.35, based on 410 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. Dalmia Bharat's current ROA % of 4.65% is 98.3% 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 Dalmia Bharat and its competitors. For the Building Materials industry, the median ROA % is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dalmia Bharat's current ROA % is 4.65%, which is 59% above median its own 10-year median of 2.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dalmia Bharat stock overvalued right now?
Based on GuruFocus' analysis, Dalmia Bharat (NSE:DALBHARAT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,160.63, compared to a current price of ₹1,765.10 — trading 18.3% below its estimated fair value. The current ROA % is 4.65%, which is 59% above median its 10-year median of 2.93 and 98.3% above the Building Materials industry median of 2.35. Dalmia Bharat's overall GF Score™ is 78/100 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 Dalmia Bharat (NSE:DALBHARAT), the current ROA % is 4.65% 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 Dalmia Bharat (NSE:DALBHARAT) Overvalued in 2026?

Based on GuruFocus' analysis, Dalmia Bharat stock appears to be undervalued. The current stock price of ₹1,765.10 is trading 18.3% below its estimated GF Value™ of ₹2,160.63. GuruFocus considers Dalmia Bharat to be Modestly Undervalued.

Key valuation signals for NSE:DALBHARAT:

  • ROA %: 4.65% (59% above median its 10-year median of 2.93)
  • GF Value™: ₹2,160.63 vs. price of ₹1,765.10 (18.3% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 98.3% above the Building Materials median (#164 of 410)

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


Dalmia Bharat Business Description

Other Exchanges 542216:India
Address 15, Barakhamba Road, Hansalaya Building, 11th and 12th Floors, New Delhi, IND, 110001
Dalmia Bharat Ltd is an India-based company involved in Cement manufacturing producing various grades of cement and its related products.
78GF Score

Get the complete analysis for NSE:DALBHARAT

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

₹1,765.10
Price
₹2,160.63
GF Value