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Indo US Bio-Tech (NSE:INDOUS) ROA % : 24.31% (As of Sep. 2024)


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What is Indo US Bio-Tech ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Indo US Bio-Tech's annualized Net Income for the quarter that ended in Sep. 2024 was ₹174.4 Mil. Indo US Bio-Tech's average Total Assets over the quarter that ended in Sep. 2024 was ₹717.3 Mil. Therefore, Indo US Bio-Tech's annualized ROA % for the quarter that ended in Sep. 2024 was 24.31%.

The historical rank and industry rank for Indo US Bio-Tech's ROA % or its related term are showing as below:

NSE:INDOUS' s ROA % Range Over the Past 10 Years
Min: 3.02   Med: 9.97   Max: 16.62
Current: 16.36

During the past 12 years, Indo US Bio-Tech's highest ROA % was 16.62%. The lowest was 3.02%. And the median was 9.97%.

NSE:INDOUS's ROA % is ranked better than
94.98% of 259 companies
in the Agriculture industry
Industry Median: 2.65 vs NSE:INDOUS: 16.36

Indo US Bio-Tech ROA % Historical Data

The historical data trend for Indo US Bio-Tech'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.

Indo US Bio-Tech ROA % Chart

Indo US Bio-Tech Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.66 12.50 10.20 14.58 16.62

Indo US Bio-Tech Quarterly Data
Mar13 Mar14 Mar15 Mar16 Mar17 Oct17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Mar23 Jun23 Sep23 Mar24 Sep24
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 - 21.72 - - 24.31

Competitive Comparison of Indo US Bio-Tech's ROA %

For the Agricultural Inputs subindustry, Indo US Bio-Tech'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 US Bio-Tech's ROA % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Indo US Bio-Tech's ROA % distribution charts can be found below:

* The bar in red indicates where Indo US Bio-Tech's ROA % falls into.



Indo US Bio-Tech ROA % Calculation

Indo US Bio-Tech'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 )
=82.514/( (437.073+556.164)/ 2 )
=82.514/496.6185
=16.62 %

Indo US Bio-Tech's annualized ROA % for the quarter that ended in Sep. 2024 is calculated as:

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=174.38/( (556.164+878.41)/ 2 )
=174.38/717.287
=24.31 %

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


Indo US Bio-Tech  (NSE:INDOUS) 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: Sep. 2024 )
=Net Income/Total Assets
=174.38/717.287
=(Net Income / Revenue)*(Revenue / Total Assets)
=(174.38 / 886.904)*(886.904 / 717.287)
=Net Margin %*Asset Turnover
=19.66 %*1.2365
=24.31 %

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


Indo US Bio-Tech ROA % Related Terms

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Indo US Bio-Tech Business Description

Comparable Companies
Traded in Other Exchanges
Address
Satadhar Char Rasta, Sola Road, 309, Shanti Mall, Opposite Navrang Tower, Ahmedabad, GJ, IND, 380061
Indo US Bio-Tech Ltd is engaged in the trading of agricultural seeds. It is involved in crop research and development through breeding, production of seeds, processing, packing, and marketing of high-performing hybrid and open-pollinated varieties of agriculture crops. The company's product categories include vegetables; cotton seeds; oilseeds; spices seeds; pulses seeds and cereals seeds. The company has two segments which include Agricultural Activities and Trading Activities out of which it generates the key revenue from the Agricultural Activities.

Indo US Bio-Tech Headlines

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