Grover Jewells (NSE:GJL) ROA %: 34.85% (As of Mar. 2025) — 51% Above Median

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NSE:GJL Grover Jewells Ltd NSE:GJL
18 GF Score
Price ₹153.00
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What is Grover Jewells ROA %?

Grover Jewells NSE:GJL -4.38% 18 ROA % is 34.85% as of Mar. 2025, which is 51% above its 10-year median of 23.11. GuruFocus rates NSE:GJL with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 1,134 Retail - Cyclical companies, Grover Jewells ranks better than 98.85% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Grover Jewells's annualized Net Income for the quarter that ended in Mar. 2025 was ₹76 Mil. Grover Jewells's average Total Assets over the quarter that ended in Mar. 2025 was ₹219 Mil. Therefore, Grover Jewells's annualized ROA % for the quarter that ended in Mar. 2025 was 34.85%.

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

NSE:GJL' s ROA % Range Over the Past 10 Years
Min: 21.71   Med: 23.11   Max: 34.85
Current: 34.85

During the past 3 years, Grover Jewells's highest ROA % was 34.85%. The lowest was 21.71%. And the median was 23.11%.

NSE:GJL's ROA % is ranked better than
98.85% of 1134 companies
in the Retail - Cyclical industry
Industry Median: 2.73 vs NSE:GJL: 34.85

Grover Jewells  (NSE:GJL) 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. 2025 )
=Net Income/Total Assets
=76.228/218.758
=(Net Income / Revenue)*(Revenue / Total Assets)
=(76.228 / 4608.029)*(4608.029 / 218.758)
=Net Margin %*Asset Turnover
=1.65 %*21.0645
=34.85 %

Note: The Net Income data used here is one times the annual (Mar. 2025) net income data. The Revenue data used here is one times the annual (Mar. 2025) 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.


Grover Jewells ROA % Related Terms


Grover Jewells ROA % Historical Data

* Premium members only.

The historical data trend for Grover Jewells'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.

Grover Jewells ROA % Chart

Grover Jewells Annual Data
Trend Mar23 Mar24 Mar25
ROA %
23.11 21.71 34.85

Grover Jewells Semi-Annual Data
Mar23 Mar24 Mar25
ROA % 23.11 21.71 34.85

NSE:GJL vs TPR: ROA % Comparison

For the Luxury Goods subindustry, Grover Jewells'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.


Grover Jewells ROA % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Grover Jewells's ROA % distribution charts can be found below:

* The bar in red indicates where Grover Jewells's ROA % falls into.


NSE:GJL
18GF Score
Grover Jewells Ltd NSE:GJL
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Grover Jewells ROA % Calculation

Grover Jewells's annualized ROA % for the fiscal year that ended in Mar. 2025 is calculated as:

ROA %=Net Income (A: Mar. 2025 )/( (Total Assets (A: Mar. 2024 )+Total Assets (A: Mar. 2025 ))/ count )
=76.228/( (139.066+298.45)/ 2 )
=76.228/218.758
=34.85 %

Grover Jewells's annualized ROA % for the quarter that ended in Mar. 2025 is calculated as:

ROA %=Net Income (Q: Mar. 2025 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=76.228/( (139.066+298.45)/ 2 )
=76.228/218.758
=34.85 %

* 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 one times the annual (Mar. 2025) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 34.85% mean?
Grover Jewells (NSE:GJL) has a ROA % of 34.85% as of Mar. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Grover Jewells and its competitors. This is 51% above median its historical median of 23.11. Over the past decade, Grover Jewells' ROA % has ranged from 21.71 to 34.85. According to the industry distribution chart, Grover Jewells ranks #13 out of 1134 companies in the Retail - Cyclical industry, placing it in the top 1.1%.
Is Grover Jewells' ROA % too high?
Grover Jewells' current ROA % of 34.85% is 51% above median its 10-year median of 23.11. Over the past 10 years, this metric has ranged from a low of 21.71 to a high of 34.85. The Retail - Cyclical industry median ROA % is 2.73. Grover Jewells' value of 34.85% is 1176.6% above this industry median. Based on the distribution chart, Grover Jewells ranks #13 out of 1134 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Grover Jewells has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Grover Jewells' ROA % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Grover Jewells ranks #13 out of 1134 companies for ROA %. This places Grover Jewells in the top 1% of its industry — outperforming the majority of peers. The industry median ROA % is 2.73. Grover Jewells' value of 34.85% is 1176.6% above this benchmark. Historically, Grover Jewells' own ROA % has ranged from 21.71 to 34.85 over the past decade. While the company's 10-year median is 23.11 vs. the industry median of 2.73, Grover Jewells 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 Retail - Cyclical company?
The median ROA % among Retail - Cyclical companies is 2.73, based on 1,134 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. Grover Jewells's current ROA % of 34.85% is 1176.6% 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 Grover Jewells and its competitors. For the Retail - Cyclical industry, the median ROA % is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grover Jewells's current ROA % is 34.85%, which is 51% above median its own 10-year median of 23.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grover Jewells stock overvalued right now?
Grover Jewells (NSE:GJL) has a current ROA % of 34.85%. The current ROA % is 34.85%, which is 51% above median its 10-year median of 23.11 and 1176.6% above the Retail - Cyclical industry median of 2.73. Grover Jewells' overall GF Score™ is 18/100 with 2 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 Grover Jewells (NSE:GJL), the current ROA % is 34.85% as of Mar. 2025. 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.

Grover Jewells Business Description

Address Lawrance Road Industrial Area, House No C-44/5, 1st Floor, Keshavpuram Ind Area, North West, Delhi, IND, 110035
Grover Jewells Ltd specializes in the manufacturing and designing of a wide range of wholesale gold jewellery. Its collections include plain gold, studded, and semi-finished jewellery, mostly available in 22 Karat, 20 Karat, and 18 Karat. The company also sell hallmarked as well as non-hallmarked jewellery in its showrooms located at Karol Bagh, New Delhi and Chandni Chowk, Delhi. The company commenced its operations with a specialization in the large-scale manufacturing of gold chains, serving both wholesale and retail markets. By offering products across various styles and price segments, it is able to cater to a wide customer base while maintaining the highest standards of craftsmanship, reliability, and trust that form the cornerstone of its brand.
18GF Score

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