GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Dodla Dairy Ltd (NSE:DODLA) » Definitions » ROA %

Dodla Dairy (NSE:DODLA) ROA % : 15.31% (As of Dec. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Dodla Dairy ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Dodla Dairy's annualized Net Income for the quarter that ended in Dec. 2024 was ₹2,543 Mil. Dodla Dairy's average Total Assets over the quarter that ended in Dec. 2024 was ₹16,604 Mil. Therefore, Dodla Dairy's annualized ROA % for the quarter that ended in Dec. 2024 was 15.31%.

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

NSE:DODLA' s ROA % Range Over the Past 10 Years
Min: 6.46   Med: 10.45   Max: 15.88
Current: 15.88

During the past 7 years, Dodla Dairy's highest ROA % was 15.88%. The lowest was 6.46%. And the median was 10.45%.

NSE:DODLA's ROA % is ranked better than
95.89% of 316 companies
in the Retail - Defensive industry
Industry Median: 4.07 vs NSE:DODLA: 15.88

Dodla Dairy ROA % Historical Data

The historical data trend for Dodla Dairy'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.

* Premium members only.

Dodla Dairy ROA % Chart

Dodla Dairy Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROA %
Get a 7-Day Free Trial 6.46 14.28 12.89 10.45 12.22

Dodla Dairy Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 12.04 12.68 17.60 15.27 15.31

Competitive Comparison of Dodla Dairy's ROA %

For the Food Distribution subindustry, Dodla Dairy'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.


Dodla Dairy's ROA % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Dodla Dairy's ROA % distribution charts can be found below:

* The bar in red indicates where Dodla Dairy's ROA % falls into.



Dodla Dairy ROA % Calculation

Dodla Dairy's annualized ROA % for the fiscal year that ended in Mar. 2024 is calculated as:

ROA %=Net Income (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=1667.36/( (12513.66+14777.11)/ 2 )
=1667.36/13645.385
=12.22 %

Dodla Dairy's annualized ROA % for the quarter that ended in Dec. 2024 is calculated as:

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=2542.6/( (16604.08+0)/ 1 )
=2542.6/16604.08
=15.31 %

* 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 (Dec. 2024) net income data. ROA % is displayed in the 30-year financial page.


Dodla Dairy  (NSE:DODLA) 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: Dec. 2024 )
=Net Income/Total Assets
=2542.6/16604.08
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2542.6 / 36048.92)*(36048.92 / 16604.08)
=Net Margin %*Asset Turnover
=7.05 %*2.1711
=15.31 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) 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.


Dodla Dairy ROA % Related Terms

Thank you for viewing the detailed overview of Dodla Dairy's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Dodla Dairy Business Description

Traded in Other Exchanges
Address
No. 8-2-293/82/A, Plot No. 270-Q, Road No. 10-C, Jubilee Hills, Hyderabad, TG, IND, 500 033
Dodla Dairy Ltd is an integrated dairy company based in south India. The company is primarily engaged in one business segment namely the Food segment. It offers a range of milk products comprising of Fresh Milk, Butter, Ghee, Paneer, Curd, Flavoured Milk, Doodh Peda, Ice Cream, and Skimmed Milk Powder. The group sells the products in India and Outside India, of which key revenue is derived from India.

Dodla Dairy Headlines

No Headlines