ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Indo Borax & Chemicals's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹581 Mil.
Indo Borax & Chemicals's average Total Assets over the quarter that ended in Mar. 2026 was ₹4,049 Mil. Therefore, Indo Borax & Chemicals's annualized ROA % for the quarter that ended in Mar. 2026 was 14.36%.
The historical rank and industry rank for Indo Borax & Chemicals's ROA % or its related term are showing as below:
NSE:INDOBORAX'
s ROA % Range Over the Past 10 Years
Min: 7.88 Med: 13.25 Max: 20.4
Current: 13.17
During the past 13 years, Indo Borax & Chemicals's highest ROA % was 20.40%. The lowest was 7.88%. And the median was 13.25%.
NSE:INDOBORAX's ROA % is ranked better than 94.13% of 1619
companies
in the Chemicals industry
Industry Median: 2.9
vs NSE:INDOBORAX: 13.17
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.
* 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 Chemicals subindustry, Indo Borax & Chemicals'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.
Indo Borax & Chemicals ROA % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Indo Borax & Chemicals's ROA % distribution charts can be found below:
* The bar in red indicates where Indo Borax & Chemicals'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.
Indo Borax & Chemicals (NSE:INDOBORAX) has a ROA % of 14.36% 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 Indo Borax & Chemicals and its competitors. This is near median its historical median of 13.25. Over the past decade, Indo Borax & Chemicals' ROA % has ranged from 7.88 to 20.40. According to the industry distribution chart, Indo Borax & Chemicals ranks #95 out of 1619 companies in the Chemicals industry, placing it in the top 5.9%.
Is Indo Borax & Chemicals' ROA % too high?
Indo Borax & Chemicals' current ROA % of 14.36% is near median its 10-year median of 13.25. Over the past 10 years, this metric has ranged from a low of 7.88 to a high of 20.40. The Chemicals industry median ROA % is 2.90. Indo Borax & Chemicals' value of 14.36% is 395.2% above this industry median. Based on the distribution chart, Indo Borax & Chemicals ranks #95 out of 1619 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Indo Borax & Chemicals has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indo Borax & Chemicals' ROA % compare to DOW?
According to the Chemicals industry distribution chart, Indo Borax & Chemicals ranks #95 out of 1619 companies for ROA %. This places Indo Borax & Chemicals in the top 6% of its industry — outperforming the majority of peers. The industry median ROA % is 2.90. Indo Borax & Chemicals' value of 14.36% is 395.2% above this benchmark. Historically, Indo Borax & Chemicals' own ROA % has ranged from 7.88 to 20.40 over the past decade. While the company's 10-year median is 13.25 vs. the industry median of 2.90, Indo Borax & Chemicals 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 Chemicals company?
The median ROA % among Chemicals companies is 2.90, based on 1,619 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. Indo Borax & Chemicals's current ROA % of 14.36% is 395.2% 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 Indo Borax & Chemicals and its competitors. For the Chemicals industry, the median ROA % is 2.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo Borax & Chemicals's current ROA % is 14.36%, which is near median its own 10-year median of 13.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Borax & Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Indo Borax & Chemicals (NSE:INDOBORAX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹218.65, compared to a current price of ₹380.50 — trading 74% above its estimated fair value. The current ROA % is 14.36%, which is near median its 10-year median of 13.25 and 395.2% above the Chemicals industry median of 2.90. Indo Borax & Chemicals' overall GF Score™ is 71/100 with 9 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 Indo Borax & Chemicals (NSE:INDOBORAX), the current ROA % is 14.36% 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 Indo Borax & Chemicals (NSE:INDOBORAX) Overvalued in 2026?
Based on GuruFocus' analysis, Indo Borax & Chemicals stock appears to be overvalued.
The current stock price of ₹380.50 is trading 74% above its estimated GF Value™ of ₹218.65.
GuruFocus considers Indo Borax & Chemicals to be Significantly Overvalued.
Key valuation signals for NSE:INDOBORAX:
ROA %: 14.36% (near median its 10-year median of 13.25)
GF Value™: ₹218.65 vs. price of ₹380.50 (74% above fair value)
Industry Position: 395.2% above the Chemicals median (#95 of 1619)
No single metric tells the full story. See the NSE:INDOBORAX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indo Borax & Chemicals Ltd is engaged in the manufacturing and selling of chemical products. The company's product offerings include Boric acid powder, Boric acid granular, Boric acid, Borax decahydrate granular and Borax decahydrate crystal. The company is operating in a single reportable segment i.e. manufacturing and selling of Chemicals. Its products Boric acid powder has applications in metallurgical operation, electroplating industry, nylon dyeing, nylon manufacturing and agricultural use. It derives revenues from the sale of manufactured goods, traded goods and related services.
71GF Score
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