Kalyani SteelsNSE:KSL -0.88%78 ROA % is 9.57% as of Mar. 2026, which is 5% below its 10-year median of 10.10. GuruFocus rates NSE:KSL with a GF Score™ of 78/100 and a GF Value™ of ₹760.48 (Fairly Valued). The stock has 5 warning signs investors should review. Among 637 Steel companies, Kalyani Steels ranks better than 90.74% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Kalyani Steels's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹2,867 Mil.
Kalyani Steels's average Total Assets over the quarter that ended in Mar. 2026 was ₹29,958 Mil. Therefore, Kalyani Steels's annualized ROA % for the quarter that ended in Mar. 2026 was 9.57%.
The historical rank and industry rank for Kalyani Steels's ROA % or its related term are showing as below:
NSE:KSL'
s ROA % Range Over the Past 10 Years
Min: 7.1 Med: 10.1 Max: 12.62
Current: 9.05
During the past 13 years, Kalyani Steels's highest ROA % was 12.62%. The lowest was 7.10%. And the median was 10.10%.
NSE:KSL's ROA % is ranked better than 90.74% of 637
companies
in the Steel industry
Industry Median: 1.92
vs NSE:KSL: 9.05
Kalyani Steels (NSE:KSL) 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.
Kalyani Steels ROA % Related Terms
Kalyani Steels ROA % Historical Data
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The historical data trend for Kalyani Steels'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 Steel subindustry, Kalyani Steels'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.
Kalyani Steels ROA % vs Steel Industry
For the Steel industry and Basic Materials sector, Kalyani Steels's ROA % distribution charts can be found below:
* The bar in red indicates where Kalyani Steels'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.
Kalyani Steels (NSE:KSL) has a ROA % of 9.57% 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 Kalyani Steels and its competitors. This is near median its historical median of 10.10. Over the past decade, Kalyani Steels' ROA % has ranged from 7.10 to 12.62. According to the industry distribution chart, Kalyani Steels ranks #59 out of 637 companies in the Steel industry, placing it in the top 9.3%.
Is Kalyani Steels' ROA % too high?
Kalyani Steels' current ROA % of 9.57% is near median its 10-year median of 10.10. Over the past 10 years, this metric has ranged from a low of 7.10 to a high of 12.62. The Steel industry median ROA % is 1.92. Kalyani Steels' value of 9.57% is 398.4% above this industry median. Based on the distribution chart, Kalyani Steels ranks #59 out of 637 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Kalyani Steels has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kalyani Steels' ROA % compare to NUE and STLD?
According to the Steel industry distribution chart, Kalyani Steels ranks #59 out of 637 companies for ROA %. This places Kalyani Steels in the top 9% of its industry — outperforming the majority of peers. The industry median ROA % is 1.92. Kalyani Steels' value of 9.57% is 398.4% above this benchmark. Historically, Kalyani Steels' own ROA % has ranged from 7.10 to 12.62 over the past decade. While the company's 10-year median is 10.10 vs. the industry median of 1.92, Kalyani Steels 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 Steel company?
The median ROA % among Steel companies is 1.92, based on 637 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. Kalyani Steels's current ROA % of 9.57% is 398.4% 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 Kalyani Steels and its competitors. For the Steel industry, the median ROA % is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kalyani Steels's current ROA % is 9.57%, which is near median its own 10-year median of 10.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kalyani Steels stock overvalued right now?
Based on GuruFocus' analysis, Kalyani Steels (NSE:KSL) is currently considered Fairly Valued. The stock's GF Value™ is ₹760.48, compared to a current price of ₹818.70 — trading 7.7% above its estimated fair value. The current ROA % is 9.57%, which is near median its 10-year median of 10.10 and 398.4% above the Steel industry median of 1.92. Kalyani Steels' overall GF Score™ is 78/100 with 5 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 Kalyani Steels (NSE:KSL), the current ROA % is 9.57% 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 Kalyani Steels (NSE:KSL) Overvalued in 2026?
Based on GuruFocus' analysis, Kalyani Steels stock appears to be overvalued.
The current stock price of ₹818.70 is trading 7.7% above its estimated GF Value™ of ₹760.48.
GuruFocus considers Kalyani Steels to be Fairly Valued.
Key valuation signals for NSE:KSL:
ROA %: 9.57% (near median its 10-year median of 10.10)
GF Value™: ₹760.48 vs. price of ₹818.70 (7.7% above fair value)
Industry Position: 398.4% above the Steel median (#59 of 637)
No single metric tells the full story. See the NSE:KSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kalyani Steels Ltd manufactures forging and engineering quality carbon and alloy steel. Its product portfolio consists of carbon steel, carbon-manganese steel, chrome steel, chrome-manganese steel, chrome-nickel steel, chrome-moly steel, low carbon chrome-nickel-moly steel, medium carbon cr-ni-mo steel and bearing steel. The company's products are used in automotive forging, construction equipment, bearings, seamless tubes, and aluminum smelting. The majority of the revenue is generated by the sale of Rolled Products, As Cast Blooms and Pig Iron. These operating segment have been aggregated into one reportable business segment which is Forging and Engineering quality carbon and alloy steels.
78GF Score
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