Mangal Electrical IndustriesNSE:MEIL +1.98%19 ROA % is 7.21% as of Mar. 2026, which is 20% below its 10-year median of 8.96. GuruFocus rates NSE:MEIL with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 3,081 Industrial Products companies, Mangal Electrical Industries ranks better than 74.42% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Mangal Electrical Industries's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹510 Mil.
Mangal Electrical Industries's average Total Assets over the quarter that ended in Mar. 2026 was ₹7,071 Mil. Therefore, Mangal Electrical Industries's annualized ROA % for the quarter that ended in Mar. 2026 was 7.21%.
The historical rank and industry rank for Mangal Electrical Industries's ROA % or its related term are showing as below:
NSE:MEIL'
s ROA % Range Over the Past 10 Years
Min: 3.81 Med: 8.96 Max: 15.43
Current: 6.74
During the past 5 years, Mangal Electrical Industries's highest ROA % was 15.43%. The lowest was 3.81%. And the median was 8.96%.
NSE:MEIL's ROA % is ranked better than 74.42% of 3081
companies
in the Industrial Products industry
Industry Median: 3.06
vs NSE:MEIL: 6.74
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.
Mangal Electrical Industries ROA % Related Terms
Mangal Electrical Industries ROA % Historical 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.
For the Electrical Equipment & Parts subindustry, Mangal Electrical 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.
Mangal Electrical Industries ROA % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mangal Electrical Industries's ROA % distribution charts can be found below:
* The bar in red indicates where Mangal Electrical 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.
Mangal Electrical Industries (NSE:MEIL) has a ROA % of 7.21% 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 Mangal Electrical Industries and its competitors. This is 20% below median its historical median of 8.96. Over the past decade, Mangal Electrical Industries' ROA % has ranged from 3.81 to 15.43. According to the industry distribution chart, Mangal Electrical Industries ranks #788 out of 3081 companies in the Industrial Products industry, placing it in the top 25.6%.
Is Mangal Electrical Industries' ROA % too high?
Mangal Electrical Industries' current ROA % of 7.21% is 20% below median its 10-year median of 8.96. Over the past 10 years, this metric has ranged from a low of 3.81 to a high of 15.43. The Industrial Products industry median ROA % is 3.06. Mangal Electrical Industries' value of 7.21% is 135.6% above this industry median. Based on the distribution chart, Mangal Electrical Industries ranks #788 out of 3081 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Mangal Electrical Industries has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Mangal Electrical Industries' ROA % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Mangal Electrical Industries ranks #788 out of 3081 companies for ROA %. This puts Mangal Electrical Industries in the upper half of its industry. The industry median ROA % is 3.06. Mangal Electrical Industries' value of 7.21% is 135.6% above this benchmark. Historically, Mangal Electrical Industries' own ROA % has ranged from 3.81 to 15.43 over the past decade. While the company's 10-year median is 8.96 vs. the industry median of 3.06, Mangal Electrical 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 an Industrial Products company?
The median ROA % among Industrial Products companies is 3.06, based on 3,081 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. Mangal Electrical Industries's current ROA % of 7.21% is 135.6% 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 Mangal Electrical Industries and its competitors. For the Industrial Products industry, the median ROA % is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mangal Electrical Industries's current ROA % is 7.21%, which is 20% below median its own 10-year median of 8.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangal Electrical Industries stock overvalued right now?
Mangal Electrical Industries (NSE:MEIL) has a current ROA % of 7.21%. The current ROA % is 7.21%, which is 20% below median its 10-year median of 8.96 and 135.6% above the Industrial Products industry median of 3.06. Mangal Electrical Industries' overall GF Score™ is 19/100 with 4 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 Mangal Electrical Industries (NSE:MEIL), the current ROA % is 7.21% 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.
Mangal Electrical Industries Ltd is mainly involved in the manufacturing of electrical transformers, CRGO, electrical accessories, and related items, and also executes EPC contracts involving electrical items. The company specializes in processing transformer components such as transformer laminations, CRGO slit coils, amorphous cores, coil and core assemblies, wound and toroidal cores, and oil-immersed circuit breakers. It also trades in CRGO and CRNO coils and amorphous ribbons. Additionally, the company manufactures transformers and customized products for the power infrastructure industry, with a range spanning from single-phase 5 KVA to three-phase 10 MVA units, and provides EPC services for setting up electrical substations serving the power sector.
19GF Score
Get the complete analysis for NSE:MEIL
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:MEIL has been successfully added to your 
