Manilam Industries IndiaNSE:MANILAM -3.09%10 ROA % is 4.02% as of Sep. 2025, which is 81% above its 10-year median of 2.22. GuruFocus rates NSE:MANILAM with a GF Score™ of 10/100. The stock has 6 warning signs investors should review. Among 410 Building Materials companies, Manilam Industries India ranks worse than 53.41% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Manilam Industries India's annualizedNet Income for the quarter that ended in Sep. 2025 was ₹64.2 Mil.
Manilam Industries India's average Total Assets over the quarter that ended in Sep. 2025 was ₹1,596.0 Mil. Therefore, Manilam Industries India's annualized ROA % for the quarter that ended in Sep. 2025 was 4.02%.
The historical rank and industry rank for Manilam Industries India's ROA % or its related term are showing as below:
NSE:MANILAM'
s ROA % Range Over the Past 10 Years
Min: 1.19 Med: 2.22 Max: 4.84
Current: 2.01
During the past 3 years, Manilam Industries India's highest ROA % was 4.84%. The lowest was 1.19%. And the median was 2.22%.
NSE:MANILAM's ROA % is ranked worse than 53.41% of 410
companies
in the Building Materials industry
Industry Median: 2.315
vs NSE:MANILAM: 2.01
Manilam Industries India (NSE:MANILAM) 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 two times the semi-annual (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 2025) 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.
* 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.
Manilam Industries India ROA % Chart
Manilam Industries India Annual Data
Trend
Mar23
Mar24
Mar25
ROA %
1.19
2.22
4.84
Manilam Industries India Semi-Annual Data
Mar23
Mar24
Mar25
Sep25
ROA %
0.00
0.00
0.00
4.02
NSE:MANILAM vs CRH, VMC, MLM: ROA % Comparison
For the Building Materials subindustry, Manilam Industries India'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.
Manilam Industries India ROA % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Manilam Industries India's ROA % distribution charts can be found below:
* The bar in red indicates where Manilam Industries India'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 two times the semi-annual (Sep. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Manilam Industries India (NSE:MANILAM) has a ROA % of 4.02% as of Sep. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Manilam Industries India and its competitors. This is 81% above median its historical median of 2.22. Over the past decade, Manilam Industries India's ROA % has ranged from 1.19 to 4.84. According to the industry distribution chart, Manilam Industries India ranks #219 out of 410 companies in the Building Materials industry, placing it in the top 53.4%.
Is Manilam Industries India's ROA % too high?
Manilam Industries India's current ROA % of 4.02% is 81% above median its 10-year median of 2.22. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 4.84. The Building Materials industry median ROA % is 2.32. Manilam Industries India's value of 4.02% is 73.7% above this industry median. Based on the distribution chart, Manilam Industries India ranks #219 out of 410 companies in the Building Materials industry, which is below the industry midpoint. Overall, Manilam Industries India has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Manilam Industries India's ROA % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Manilam Industries India ranks #219 out of 410 companies for ROA %. This places Manilam Industries India in the lower half of its industry. The industry median ROA % is 2.32. Manilam Industries India's value of 4.02% is 73.7% above this benchmark. Historically, Manilam Industries India's own ROA % has ranged from 1.19 to 4.84 over the past decade. While the company's 10-year median is 2.22 vs. the industry median of 2.32, Manilam Industries India 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 Building Materials company?
The median ROA % among Building Materials companies is 2.32, based on 410 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. Manilam Industries India's current ROA % of 4.02% is 73.7% 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 Manilam Industries India and its competitors. For the Building Materials industry, the median ROA % is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manilam Industries India's current ROA % is 4.02%, which is 81% above median its own 10-year median of 2.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manilam Industries India stock overvalued right now?
Manilam Industries India (NSE:MANILAM) has a current ROA % of 4.02%. The current ROA % is 4.02%, which is 81% above median its 10-year median of 2.22 and 73.7% above the Building Materials industry median of 2.32. Manilam Industries India's overall GF Score™ is 10/100 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 Manilam Industries India (NSE:MANILAM), the current ROA % is 4.02% as of Sep. 2025. 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.
Manilam Industries India Ltd is engaged in the manufacturing and sale of decorative laminates. Its product portfolio includes the Artistica Collection, the Vogue Collection, the Dwar Collection and the Magnificent Collection. Additionally, the company is involved in the trading of plywood serving the industrial and commercial sectors. It operates under the brand name "Manilam". The majority of the company's revenue is derived from the sale of laminates across India. The reportable segments: Within India, and Outside India, of which it derives maximum revenue from India.
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