Manorama IndustriesNSE:MANORAMA +0.86%99 ROA % is 14.29% as of Mar. 2026, which is 55% above its 10-year median of 9.19. GuruFocus rates NSE:MANORAMA with a GF Score™ of 99/100 and a GF Value™ of ₹1,931.48 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,988 Consumer Packaged Goods companies, Manorama Industries ranks better than 96.33% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Manorama Industries's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹1,699 Mil.
Manorama Industries's average Total Assets over the quarter that ended in Mar. 2026 was ₹11,895 Mil. Therefore, Manorama Industries's annualized ROA % for the quarter that ended in Mar. 2026 was 14.29%.
The historical rank and industry rank for Manorama Industries's ROA % or its related term are showing as below:
NSE:MANORAMA'
s ROA % Range Over the Past 10 Years
Min: 5.34 Med: 9.19 Max: 29.21
Current: 20.17
During the past 13 years, Manorama Industries's highest ROA % was 29.21%. The lowest was 5.34%. And the median was 9.19%.
NSE:MANORAMA's ROA % is ranked better than 96.33% of 1988
companies
in the Consumer Packaged Goods industry
Industry Median: 3.24
vs NSE:MANORAMA: 20.17
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.
Manorama Industries ROA % Related Terms
Manorama Industries ROA % Historical Data
* Premium members only.
The historical data trend for Manorama 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 Packaged Foods subindustry, Manorama 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.
Manorama Industries ROA % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Manorama Industries's ROA % distribution charts can be found below:
* The bar in red indicates where Manorama 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 (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Manorama Industries (NSE:MANORAMA) has a ROA % of 14.29% 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 Manorama Industries and its competitors. This is 55% above median its historical median of 9.19. Over the past decade, Manorama Industries' ROA % has ranged from 5.34 to 29.21. According to the industry distribution chart, Manorama Industries ranks #73 out of 1988 companies in the Consumer Packaged Goods industry, placing it in the top 3.7%.
Is Manorama Industries' ROA % too high?
Manorama Industries' current ROA % of 14.29% is 55% above median its 10-year median of 9.19. Over the past 10 years, this metric has ranged from a low of 5.34 to a high of 29.21. The Consumer Packaged Goods industry median ROA % is 3.24. Manorama Industries' value of 14.29% is 341% above this industry median. Based on the distribution chart, Manorama Industries ranks #73 out of 1988 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Manorama Industries has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Manorama Industries' ROA % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Manorama Industries ranks #73 out of 1988 companies for ROA %. This places Manorama Industries in the top 4% of its industry — outperforming the majority of peers. The industry median ROA % is 3.24. Manorama Industries' value of 14.29% is 341% above this benchmark. Historically, Manorama Industries' own ROA % has ranged from 5.34 to 29.21 over the past decade. While the company's 10-year median is 9.19 vs. the industry median of 3.24, Manorama Industries 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 Consumer Packaged Goods company?
The median ROA % among Consumer Packaged Goods companies is 3.24, based on 1,988 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. Manorama Industries's current ROA % of 14.29% is 341% 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 Manorama Industries and its competitors. For the Consumer Packaged Goods industry, the median ROA % is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manorama Industries's current ROA % is 14.29%, which is 55% above median its own 10-year median of 9.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manorama Industries stock overvalued right now?
Based on GuruFocus' analysis, Manorama Industries (NSE:MANORAMA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,931.48, compared to a current price of ₹1,587.10 — trading 17.8% below its estimated fair value. The current ROA % is 14.29%, which is 55% above median its 10-year median of 9.19 and 341% above the Consumer Packaged Goods industry median of 3.24. Manorama Industries' overall GF Score™ is 99/100 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 Manorama Industries (NSE:MANORAMA), the current ROA % is 14.29% 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 Manorama Industries (NSE:MANORAMA) Overvalued in 2026?
Based on GuruFocus' analysis, Manorama Industries stock appears to be undervalued.
The current stock price of ₹1,587.10 is trading 17.8% below its estimated GF Value™ of ₹1,931.48.
GuruFocus considers Manorama Industries to be Modestly Undervalued.
Key valuation signals for NSE:MANORAMA:
ROA %: 14.29% (55% above median its 10-year median of 9.19)
GF Value™: ₹1,931.48 vs. price of ₹1,587.10 (17.8% below fair value)
Industry Position: 341% above the Consumer Packaged Goods median (#73 of 1988)
No single metric tells the full story. See the NSE:MANORAMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Manorama Industries Ltd is engaged in the manufacturing, processing, and supply of exotic and specialty fats and oils. The products offered by the company include Sal butter, Sal fat, Sal stearine, Mango butter, Kokum oil, Mowrah fat, and several other value-added, tailor-made products. Its only operating segment is the Manufacturing of Exotic Seed based Fats and Butters including Cocoa Butter Equivalent (CBE). Geographically, the company generates a majority of its revenue from outside India through exports, and the rest from its business within India.
99GF Score
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