JSW DuluxNSE:JSWDULUX -0.90%76 ROA % is 13.25% as of Mar. 2026, which is 5% above its 10-year median of 12.57. GuruFocus rates NSE:JSWDULUX with a GF Score™ of 76/100 and a GF Value™ of ₹2,943.08 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,618 Chemicals companies, JSW Dulux ranks better than 99.75% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. JSW Dulux's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹5,028 Mil.
JSW Dulux's average Total Assets over the quarter that ended in Mar. 2026 was ₹37,953 Mil. Therefore, JSW Dulux's annualized ROA % for the quarter that ended in Mar. 2026 was 13.25%.
The historical rank and industry rank for JSW Dulux's ROA % or its related term are showing as below:
NSE:JSWDULUX'
s ROA % Range Over the Past 10 Years
Min: 8.55 Med: 12.57 Max: 58.93
Current: 57.22
During the past 13 years, JSW Dulux's highest ROA % was 58.93%. The lowest was 8.55%. And the median was 12.57%.
NSE:JSWDULUX's ROA % is ranked better than 99.75% of 1618
companies
in the Chemicals industry
Industry Median: 2.9
vs NSE:JSWDULUX: 57.22
JSW Dulux (NSE:JSWDULUX) 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.
JSW Dulux ROA % Related Terms
JSW Dulux ROA % Historical Data
* Premium members only.
The historical data trend for JSW Dulux'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 Chemicals subindustry, JSW Dulux'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.
JSW Dulux ROA % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, JSW Dulux's ROA % distribution charts can be found below:
* The bar in red indicates where JSW Dulux'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.
JSW Dulux (NSE:JSWDULUX) has a ROA % of 13.25% 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 JSW Dulux and its competitors. This is near median its historical median of 12.57. Over the past decade, JSW Dulux's ROA % has ranged from 8.55 to 58.93. According to the industry distribution chart, JSW Dulux ranks #4 out of 1618 companies in the Chemicals industry, placing it in the top 0.2%.
Is JSW Dulux's ROA % too high?
JSW Dulux's current ROA % of 13.25% is near median its 10-year median of 12.57. Over the past 10 years, this metric has ranged from a low of 8.55 to a high of 58.93. The Chemicals industry median ROA % is 2.90. JSW Dulux's value of 13.25% is 356.9% above this industry median. Based on the distribution chart, JSW Dulux ranks #4 out of 1618 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, JSW Dulux has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does JSW Dulux's ROA % compare to LIN and SHW?
According to the Chemicals industry distribution chart, JSW Dulux ranks #4 out of 1618 companies for ROA %. This places JSW Dulux in the top 0% of its industry — outperforming the majority of peers. The industry median ROA % is 2.90. JSW Dulux's value of 13.25% is 356.9% above this benchmark. Historically, JSW Dulux's own ROA % has ranged from 8.55 to 58.93 over the past decade. While the company's 10-year median is 12.57 vs. the industry median of 2.90, JSW Dulux 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 1,618 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. JSW Dulux's current ROA % of 13.25% is 356.9% 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 JSW Dulux 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. JSW Dulux's current ROA % is 13.25%, which is near median its own 10-year median of 12.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JSW Dulux stock overvalued right now?
Based on GuruFocus' analysis, JSW Dulux (NSE:JSWDULUX) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,943.08, compared to a current price of ₹3,199.10 — trading 8.7% above its estimated fair value. The current ROA % is 13.25%, which is near median its 10-year median of 12.57 and 356.9% above the Chemicals industry median of 2.90. JSW Dulux's overall GF Score™ is 76/100 with 6 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 JSW Dulux (NSE:JSWDULUX), the current ROA % is 13.25% 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 JSW Dulux (NSE:JSWDULUX) Overvalued in 2026?
Based on GuruFocus' analysis, JSW Dulux stock appears to be overvalued.
The current stock price of ₹3,199.10 is trading 8.7% above its estimated GF Value™ of ₹2,943.08.
GuruFocus considers JSW Dulux to be Fairly Valued.
Key valuation signals for NSE:JSWDULUX:
ROA %: 13.25% (near median its 10-year median of 12.57)
GF Value™: ₹2,943.08 vs. price of ₹3,199.10 (8.7% above fair value)
Industry Position: 356.9% above the Chemicals median (#4 of 1618)
No single metric tells the full story. See the NSE:JSWDULUX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JSW Dulux Ltd is engaged in the business of manufacturing, trading and selling paints and related products. The Company is principally engaged in the manufacturing of paints, coatings and allied products in India. It operates through the Paints segment. The Company generates maximum revenue from Domestic operations and also has Overseas operations.
76GF Score
Get the complete analysis for NSE:JSWDULUX
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:JSWDULUX has been successfully added to your 
