ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Inox Wind's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹3,650 Mil.
Inox Wind's average Total Assets over the quarter that ended in Mar. 2026 was ₹120,678 Mil. Therefore, Inox Wind's annualized ROA % for the quarter that ended in Mar. 2026 was 3.02%.
The historical rank and industry rank for Inox Wind's ROA % or its related term are showing as below:
NSE:INOXWIND'
s ROA % Range Over the Past 10 Years
Min: -11.11 Med: -2.48 Max: 6.11
Current: 3.95
During the past 13 years, Inox Wind's highest ROA % was 6.11%. The lowest was -11.11%. And the median was -2.48%.
NSE:INOXWIND's ROA % is ranked better than 56.64% of 3074
companies
in the Industrial Products industry
Industry Median: 3.02
vs NSE:INOXWIND: 3.95
Inox Wind (NSE:INOXWIND) 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 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.
Inox Wind ROA % Related Terms
Inox Wind ROA % Historical Data
* Premium members only.
The historical data trend for Inox Wind'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.
For the Specialty Industrial Machinery subindustry, Inox Wind'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.
Inox Wind ROA % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Inox Wind's ROA % distribution charts can be found below:
* The bar in red indicates where Inox Wind'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.
Inox Wind (NSE:INOXWIND) has a ROA % of 3.02% 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 Inox Wind and its competitors. According to the industry distribution chart, Inox Wind ranks #1333 out of 3074 companies in the Industrial Products industry, placing it in the top 43.4%.
Is Inox Wind's ROA % too high?
Inox Wind's current ROA % is 3.02%. The Industrial Products industry median ROA % is 3.02. Inox Wind's value of 3.02% is 0% at this industry median. Based on the distribution chart, Inox Wind ranks #1333 out of 3074 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Inox Wind has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Inox Wind's ROA % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Inox Wind ranks #1333 out of 3074 companies for ROA %. This puts Inox Wind in the upper half of its industry. The industry median ROA % is 3.02. Inox Wind's value of 3.02% is 0% at this benchmark. 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 Industrial Products company?
The median ROA % among Industrial Products companies is 3.02, based on 3,074 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. Inox Wind's current ROA % of 3.02% is 0% at 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 Inox Wind and its competitors. For the Industrial Products industry, the median ROA % is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inox Wind's current ROA % is 3.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inox Wind stock overvalued right now?
Based on GuruFocus' analysis, Inox Wind (NSE:INOXWIND) is currently considered Possible Value Trap. The stock's GF Value™ is ₹273.54, compared to a current price of ₹89.85 — trading 67.2% below its estimated fair value. The current ROA % is 3.02% and 0% at the Industrial Products industry median of 3.02. Inox Wind's overall GF Score™ is 65/100 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 Inox Wind (NSE:INOXWIND), the current ROA % is 3.02% 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 Inox Wind (NSE:INOXWIND) Overvalued in 2026?
Based on GuruFocus' analysis, Inox Wind stock appears to be undervalued.
The current stock price of ₹89.85 is trading 67.2% below its estimated GF Value™ of ₹273.54.
GuruFocus considers Inox Wind to be Possible Value Trap.
Key valuation signals for NSE:INOXWIND:
ROA %: 3.02%
GF Value™: ₹273.54 vs. price of ₹89.85 (67.2% below fair value)
Industry Position: 0% at the Industrial Products median (#1333 of 3074)
No single metric tells the full story. See the NSE:INOXWIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Inox Wind Ltd is engaged in the business of manufacturing Wind Turbine Generators. The group provides related erection, procurement & commissioning (EPC) services, operations & maintenance (O&M), and common infrastructure facility services for WTGs, and development of projects for wind farms. It conducts its business and provides services to various states in India. The company also offers turnkey solutions for the development of wind power projects which include wind studies, energy assessment, land acquisition, site infrastructure development, power evacuation, and others.
65GF Score
Get the complete analysis for NSE:INOXWIND
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:INOXWIND has been successfully added to your 
