Neelam Linens and Garments (India)NSE:NEELAM 10 ROA % is 2.08% as of Mar. 2025, which is 7% below its 10-year median of 2.23. GuruFocus rates NSE:NEELAM with a GF Score™ of 10/100. The stock has 5 warning signs investors should review. Among 433 Furnishings, Fixtures & Appliances companies, Neelam Linens and Garments (India) ranks worse than 51.04% on this metric.
NSE:NEELAM's ROA % is ranked worse than 51.04% of 433
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.21
vs NSE:NEELAM: 2.08
Neelam Linens and Garments (India) (NSE:NEELAM) 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 one times the annual (Mar. 2025) net income data. The Revenue data used here is one times the annual (Mar. 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.
Neelam Linens and Garments (India) ROA % Related Terms
Neelam Linens and Garments (India) 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.
Neelam Linens and Garments (India) ROA % Chart
Neelam Linens and Garments (India) Annual Data
Trend
Mar21
Mar22
Mar23
Mar24
Mar25
ROA %
0.64
4.17
2.67
2.23
2.08
Neelam Linens and Garments (India) Semi-Annual Data
Mar21
Mar22
Mar23
Mar24
Mar25
ROA %
0.64
4.17
2.67
2.23
2.08
NSE:NEELAM vs SN, SGI, MHK: ROA % Comparison
For the Furnishings, Fixtures & Appliances subindustry, Neelam Linens and Garments (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.
Neelam Linens and Garments (India) ROA % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Neelam Linens and Garments (India)'s ROA % distribution charts can be found below:
* The bar in red indicates where Neelam Linens and Garments (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 one times the annual (Mar. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Neelam Linens and Garments (India) (NSE:NEELAM) has a ROA % of 2.08% as of Mar. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Neelam Linens and Garments (India) and its competitors. This is near median its historical median of 2.23. Over the past decade, Neelam Linens and Garments (India)'s ROA % has ranged from 0.64 to 4.17. According to the industry distribution chart, Neelam Linens and Garments (India) ranks #221 out of 433 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 51%.
Is Neelam Linens and Garments (India)'s ROA % too high?
Neelam Linens and Garments (India)'s current ROA % of 2.08% is near median its 10-year median of 2.23. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 4.17. The Furnishings, Fixtures & Appliances industry median ROA % is 2.21. Neelam Linens and Garments (India)'s value of 2.08% is 5.9% below this industry median. Based on the distribution chart, Neelam Linens and Garments (India) ranks #221 out of 433 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Neelam Linens and Garments (India) has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Neelam Linens and Garments (India)'s ROA % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Neelam Linens and Garments (India) ranks #221 out of 433 companies for ROA %. This places Neelam Linens and Garments (India) in the lower half of its industry. The industry median ROA % is 2.21. Neelam Linens and Garments (India)'s value of 2.08% is 5.9% below this benchmark. Historically, Neelam Linens and Garments (India)'s own ROA % has ranged from 0.64 to 4.17 over the past decade. While the company's 10-year median is 2.23 vs. the industry median of 2.21, Neelam Linens and Garments (India) has consistently been below 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 Furnishings, Fixtures & Appliances company?
The median ROA % among Furnishings, Fixtures & Appliances companies is 2.21, based on 433 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. Neelam Linens and Garments (India)'s current ROA % of 2.08% is 5.9% below 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 Neelam Linens and Garments (India) and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROA % is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neelam Linens and Garments (India)'s current ROA % is 2.08%, which is near median its own 10-year median of 2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neelam Linens and Garments (India) stock overvalued right now?
Neelam Linens and Garments (India) (NSE:NEELAM) has a current ROA % of 2.08%. The current ROA % is 2.08%, which is near median its 10-year median of 2.23 and 5.9% below the Furnishings, Fixtures & Appliances industry median of 2.21. Neelam Linens and Garments (India)'s overall GF Score™ is 10/100 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 Neelam Linens and Garments (India) (NSE:NEELAM), the current ROA % is 2.08% as of Mar. 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.
Neelam Linens and Garments (India) Business Description
Neelam Linens and Garments (India) Ltd operates as a soft home furnishing company based out of Maharashtra, India, extending its services to various clientele, including USA, Australia and Far East. The company specializes in the processing, finishing and supplying of bedsheets, Pillow cover, Duvet Cover, Towels, Rugs, Doher, Shirts & Garments predominantly for discounted retail outlets. It sources surplus or slightly imperfect fabric from the domestic market, applying value-added services such as designing, digital printing, dyeing, stitching, embroidery, and other enhancements. Its segment includes the business of Manufacturing of Bedsheets, Shirts and in the trading of Licences. The manufacturing of Bedsheets, Shirts segment derives majority of the revenue.
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