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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Kanani Industries's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹-2 Mil.
Kanani Industries's average Total Assets over the quarter that ended in Jun. 2026 was ₹1,043 Mil. Therefore, Kanani Industries's annualized ROA % for the quarter that ended in Jun. 2026 was -0.15%.
The historical rank and industry rank for Kanani Industries's ROA % or its related term are showing as below:
NSE:KANANIIND'
s ROA % Range Over the Past 10 Years
Min: 0.3 Med: 1.08 Max: 2.61
Current: 2.31
During the past 13 years, Kanani Industries's highest ROA % was 2.61%. The lowest was 0.30%. And the median was 1.08%.
NSE:KANANIIND's ROA % is ranked worse than 53.71% of 1132
companies
in the Retail - Cyclical industry
Industry Median: 2.81
vs NSE:KANANIIND: 2.31
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 (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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.
Kanani Industries ROA % Related Terms
Kanani Industries ROA % Historical Data
* Premium members only.
The historical data trend for Kanani Industries'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 Luxury Goods subindustry, Kanani Industries'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.
Kanani Industries ROA % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Kanani Industries's ROA % distribution charts can be found below:
* The bar in red indicates where Kanani Industries'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 (Jun. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Kanani Industries (NSE:KANANIIND) has a ROA % of -0.15% as of Jun. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Kanani Industries and its competitors. Over the past decade, Kanani Industries' ROA % has ranged from 0.30 to 2.61. According to the industry distribution chart, Kanani Industries ranks #608 out of 1132 companies in the Retail - Cyclical industry, placing it in the top 53.7%.
Is Kanani Industries' ROA % too high?
Kanani Industries' current ROA % is -0.15%. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 2.61. Based on the distribution chart, Kanani Industries ranks #608 out of 1132 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Kanani Industries has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kanani Industries' ROA % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Kanani Industries ranks #608 out of 1132 companies for ROA %. This places Kanani Industries in the lower half of its industry. The industry median ROA % is 2.81. Historically, Kanani Industries' own ROA % has ranged from 0.30 to 2.61 over the past decade. 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 2.81, based on 1,132 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. 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 Kanani Industries and its competitors. For the Retail - Cyclical industry, the median ROA % is 2.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kanani Industries's current ROA % is -0.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanani Industries stock overvalued right now?
Based on GuruFocus' analysis, Kanani Industries (NSE:KANANIIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1.93, compared to a current price of ₹1.53 — trading 20.7% below its estimated fair value. The current ROA % is -0.15%. Kanani Industries' overall GF Score™ is 68/100 with 7 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 Kanani Industries (NSE:KANANIIND), the current ROA % is -0.15% as of Jun. 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 Kanani Industries (NSE:KANANIIND) Overvalued in 2026?
Based on GuruFocus' analysis, Kanani Industries stock appears to be undervalued.
The current stock price of ₹1.53 is trading 20.7% below its estimated GF Value™ of ₹1.93.
GuruFocus considers Kanani Industries to be Modestly Undervalued.
Key valuation signals for NSE:KANANIIND:
ROA %: -0.15%
GF Value™: ₹1.93 vs. price of ₹1.53 (20.7% below fair value)
No single metric tells the full story. See the NSE:KANANIIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kanani Industries Ltd is engaged in the manufacture and export of diamond-studded jewelry. The company operates a manufacturing plant in Surat, Gujarat, and supplies products to domestic and international markets. Kanani Industries focuses on creating high-quality, intricately crafted jewelry pieces and has a subsidiary, KIL International Ltd, to support its operations. The company aims to maintain an integrated value chain from manufacturing to retail, emphasizing craftsmanship and customer satisfaction. Revenue is generated through sales of diamond-studded jewelry products.
68GF Score
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