Gandhar Oil Refinery (India)NSE:GANDHAR +0.84%47 ROA % is 7.31% as of Mar. 2026, which is 30% below its 10-year median of 10.41. GuruFocus rates NSE:GANDHAR with a GF Score™ of 47/100. The stock has 7 warning signs investors should review. Among 1,027 Oil & Gas companies, Gandhar Oil Refinery (India) ranks better than 75.95% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Gandhar Oil Refinery (India)'s annualizedNet Income for the quarter that ended in Mar. 2026 was ₹1,627 Mil.
Gandhar Oil Refinery (India)'s average Total Assets over the quarter that ended in Mar. 2026 was ₹22,252 Mil. Therefore, Gandhar Oil Refinery (India)'s annualized ROA % for the quarter that ended in Mar. 2026 was 7.31%.
The historical rank and industry rank for Gandhar Oil Refinery (India)'s ROA % or its related term are showing as below:
NSE:GANDHAR'
s ROA % Range Over the Past 10 Years
Min: 4.11 Med: 10.41 Max: 13.91
Current: 6.36
During the past 6 years, Gandhar Oil Refinery (India)'s highest ROA % was 13.91%. The lowest was 4.11%. And the median was 10.41%.
NSE:GANDHAR's ROA % is ranked better than 75.95% of 1027
companies
in the Oil & Gas industry
Industry Median: 1.91
vs NSE:GANDHAR: 6.36
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.
Gandhar Oil Refinery (India) ROA % Related Terms
Gandhar Oil Refinery (India) ROA % Historical 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.
For the Oil & Gas Refining & Marketing subindustry, Gandhar Oil Refinery (India)'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.
Gandhar Oil Refinery (India) ROA % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Gandhar Oil Refinery (India)'s ROA % distribution charts can be found below:
* The bar in red indicates where Gandhar Oil Refinery (India)'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.
Gandhar Oil Refinery (India) (NSE:GANDHAR) has a ROA % of 7.31% 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 Gandhar Oil Refinery (India) and its competitors. This is 30% below median its historical median of 10.41. Over the past decade, Gandhar Oil Refinery (India)'s ROA % has ranged from 4.11 to 13.91. According to the industry distribution chart, Gandhar Oil Refinery (India) ranks #247 out of 1027 companies in the Oil & Gas industry, placing it in the top 24.1%.
Is Gandhar Oil Refinery (India)'s ROA % too high?
Gandhar Oil Refinery (India)'s current ROA % of 7.31% is 30% below median its 10-year median of 10.41. Over the past 10 years, this metric has ranged from a low of 4.11 to a high of 13.91. The Oil & Gas industry median ROA % is 1.91. Gandhar Oil Refinery (India)'s value of 7.31% is 282.7% above this industry median. Based on the distribution chart, Gandhar Oil Refinery (India) ranks #247 out of 1027 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Gandhar Oil Refinery (India) has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Gandhar Oil Refinery (India)'s ROA % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Gandhar Oil Refinery (India) ranks #247 out of 1027 companies for ROA %. This places Gandhar Oil Refinery (India) in the top 24% of its industry — outperforming the majority of peers. The industry median ROA % is 1.91. Gandhar Oil Refinery (India)'s value of 7.31% is 282.7% above this benchmark. Historically, Gandhar Oil Refinery (India)'s own ROA % has ranged from 4.11 to 13.91 over the past decade. While the company's 10-year median is 10.41 vs. the industry median of 1.91, Gandhar Oil Refinery (India) 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 an Oil & Gas company?
The median ROA % among Oil & Gas companies is 1.91, based on 1,027 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. Gandhar Oil Refinery (India)'s current ROA % of 7.31% is 282.7% 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 Gandhar Oil Refinery (India) and its competitors. For the Oil & Gas industry, the median ROA % is 1.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gandhar Oil Refinery (India)'s current ROA % is 7.31%, which is 30% below median its own 10-year median of 10.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gandhar Oil Refinery (India) stock overvalued right now?
Gandhar Oil Refinery (India) (NSE:GANDHAR) has a current ROA % of 7.31%. The current ROA % is 7.31%, which is 30% below median its 10-year median of 10.41 and 282.7% above the Oil & Gas industry median of 1.91. Gandhar Oil Refinery (India)'s overall GF Score™ is 47/100 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 Gandhar Oil Refinery (India) (NSE:GANDHAR), the current ROA % is 7.31% 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.
Gandhar Oil Refinery (India) Ltd is a manufacturer of white oils with a growing focus on the consumer and healthcare end industries. The company has only one reportable segment: petroleum products - specialty oils. The geographical segments include the Domestic Market and Overseas Markets.
47GF Score
Get the complete analysis for NSE:GANDHAR
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:GANDHAR has been successfully added to your 
