Manglam Infra and Engineering (NSE:MIEL) ROA %: 5.39% (As of Mar. 2026) — 73% Below Median

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NSE:MIEL Manglam Infra and Engineering Ltd NSE:MIEL
21 GF Score
Price ₹12.75
! 7 Warning Signs
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What is Manglam Infra and Engineering ROA %?

Manglam Infra and Engineering NSE:MIEL 21 ROA % is 5.39% as of Mar. 2026, which is 73% below its 10-year median of 19.90. GuruFocus rates NSE:MIEL with a GF Score™ of 21/100. The stock has 7 warning signs investors should review. Among 1,784 Construction companies, Manglam Infra and Engineering ranks better than 66.31% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Manglam Infra and Engineering's annualized Net Income for the quarter that ended in Mar. 2026 was ₹32.0 Mil. Manglam Infra and Engineering's average Total Assets over the quarter that ended in Mar. 2026 was ₹593.4 Mil. Therefore, Manglam Infra and Engineering's annualized ROA % for the quarter that ended in Mar. 2026 was 5.39%.

The historical rank and industry rank for Manglam Infra and Engineering's ROA % or its related term are showing as below:

NSE:MIEL' s ROA % Range Over the Past 10 Years
Min: 4.98   Med: 19.9   Max: 29.34
Current: 5.03

During the past 5 years, Manglam Infra and Engineering's highest ROA % was 29.34%. The lowest was 4.98%. And the median was 19.90%.

NSE:MIEL's ROA % is ranked better than
66.31% of 1784 companies
in the Construction industry
Industry Median: 2.87 vs NSE:MIEL: 5.03

Manglam Infra and Engineering  (NSE:MIEL) 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 bank’s 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:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=31.966/593.404
=(Net Income / Revenue)*(Revenue / Total Assets)
=(31.966 / 437.246)*(437.246 / 593.404)
=Net Margin %*Asset Turnover
=7.31 %*0.7368
=5.39 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.


Manglam Infra and Engineering ROA % Related Terms


Manglam Infra and Engineering ROA % Historical Data

* Premium members only.

The historical data trend for Manglam Infra and Engineering'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.

Manglam Infra and Engineering ROA % Chart

Manglam Infra and Engineering Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROA %
19.90 29.34 24.22 5.99 4.98

Manglam Infra and Engineering Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
ROA % Get a 7-Day Free Trial 0.00 12.56 -0.30 4.85 5.39

NSE:MIEL vs PWR, FIX, EME: ROA % Comparison

For the Engineering & Construction subindustry, Manglam Infra and Engineering'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.


Manglam Infra and Engineering ROA % vs Construction Industry

For the Construction industry and Industrials sector, Manglam Infra and Engineering's ROA % distribution charts can be found below:

* The bar in red indicates where Manglam Infra and Engineering's ROA % falls into.


NSE:MIEL
21GF Score
Manglam Infra and Engineering Ltd NSE:MIEL
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Manglam Infra and Engineering ROA % Calculation

Manglam Infra and Engineering's annualized ROA % for the fiscal year that ended in Mar. 2026 is calculated as:

ROA %=Net Income (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=31.389/( (643.162+617.748)/ 2 )
=31.389/630.455
=4.98 %

Manglam Infra and Engineering's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=31.966/( (569.06+617.748)/ 2 )
=31.966/593.404
=5.39 %

* 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 (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 5.39% mean?
Manglam Infra and Engineering (NSE:MIEL) has a ROA % of 5.39% 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 Manglam Infra and Engineering and its competitors. This is 73% below median its historical median of 19.90. Over the past decade, Manglam Infra and Engineering's ROA % has ranged from 4.98 to 29.34. According to the industry distribution chart, Manglam Infra and Engineering ranks #601 out of 1784 companies in the Construction industry, placing it in the top 33.7%.
Is Manglam Infra and Engineering's ROA % too high?
Manglam Infra and Engineering's current ROA % of 5.39% is 73% below median its 10-year median of 19.90. Over the past 10 years, this metric has ranged from a low of 4.98 to a high of 29.34. The Construction industry median ROA % is 2.87. Manglam Infra and Engineering's value of 5.39% is 87.8% above this industry median. Based on the distribution chart, Manglam Infra and Engineering ranks #601 out of 1784 companies in the Construction industry, which is above the industry midpoint. Overall, Manglam Infra and Engineering has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Manglam Infra and Engineering's ROA % compare to PWR and FIX?
According to the Construction industry distribution chart, Manglam Infra and Engineering ranks #601 out of 1784 companies for ROA %. This puts Manglam Infra and Engineering in the upper half of its industry. The industry median ROA % is 2.87. Manglam Infra and Engineering's value of 5.39% is 87.8% above this benchmark. Historically, Manglam Infra and Engineering's own ROA % has ranged from 4.98 to 29.34 over the past decade. While the company's 10-year median is 19.90 vs. the industry median of 2.87, Manglam Infra and Engineering 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 Construction company?
The median ROA % among Construction companies is 2.87, based on 1,784 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. Manglam Infra and Engineering's current ROA % of 5.39% is 87.8% 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 Manglam Infra and Engineering and its competitors. For the Construction industry, the median ROA % is 2.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manglam Infra and Engineering's current ROA % is 5.39%, which is 73% below median its own 10-year median of 19.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manglam Infra and Engineering stock overvalued right now?
Manglam Infra and Engineering (NSE:MIEL) has a current ROA % of 5.39%. The current ROA % is 5.39%, which is 73% below median its 10-year median of 19.90 and 87.8% above the Construction industry median of 2.87. Manglam Infra and Engineering's overall GF Score™ is 21/100 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 Manglam Infra and Engineering (NSE:MIEL), the current ROA % is 5.39% 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.

Manglam Infra and Engineering Business Description

Address Hoshangabad Road, 115 & 116, Ganesh Nagar, Bhopal, MP, IND, 462026
Manglam Infra and Engineering Ltd is an infrastructure consultancy company. It is providing project management consultancy services, which include detailed project reports (DPRs), Supervision and quality control (SQC), and operation & maintenance (O & M) for Highways/Roads, Bridges, Tunnels, Buildings/Urban development. It caters to various state governments of Madhya Pradesh, Jammu & Kashmir, Bihar, Arunachal Pradesh, Jharkhand, Himachal Pradesh, Uttar Pradesh, Manipur, Nagaland, Maharashtra, Assam, Rajasthan, Uttarakhand, and Haryana, and the central government.
21GF Score

Get the complete analysis for NSE:MIEL

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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