Shri Hare-Krishna Sponge IronNSE:SHKSIL 31 ROA % is 2.26% as of Mar. 2026, which is 85% below its 10-year median of 15.15. GuruFocus rates NSE:SHKSIL with a GF Score™ of 31/100. The stock has 7 warning signs investors should review. Among 634 Steel companies, Shri Hare-Krishna Sponge Iron ranks better than 74.92% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Shri Hare-Krishna Sponge Iron's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹31.0 Mil.
Shri Hare-Krishna Sponge Iron's average Total Assets over the quarter that ended in Mar. 2026 was ₹1,370.3 Mil. Therefore, Shri Hare-Krishna Sponge Iron's annualized ROA % for the quarter that ended in Mar. 2026 was 2.26%.
The historical rank and industry rank for Shri Hare-Krishna Sponge Iron's ROA % or its related term are showing as below:
NSE:SHKSIL'
s ROA % Range Over the Past 10 Years
Min: 5.06 Med: 15.15 Max: 19.77
Current: 5.06
During the past 5 years, Shri Hare-Krishna Sponge Iron's highest ROA % was 19.77%. The lowest was 5.06%. And the median was 15.15%.
NSE:SHKSIL's ROA % is ranked better than 74.92% of 634
companies
in the Steel industry
Industry Median: 1.93
vs NSE:SHKSIL: 5.06
Shri Hare-Krishna Sponge Iron (NSE:SHKSIL) 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 (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.
Shri Hare-Krishna Sponge Iron ROA % Related Terms
Shri Hare-Krishna Sponge Iron 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 Steel subindustry, Shri Hare-Krishna Sponge Iron'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.
Shri Hare-Krishna Sponge Iron ROA % vs Steel Industry
For the Steel industry and Basic Materials sector, Shri Hare-Krishna Sponge Iron's ROA % distribution charts can be found below:
* The bar in red indicates where Shri Hare-Krishna Sponge Iron'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 (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Shri Hare-Krishna Sponge Iron (NSE:SHKSIL) has a ROA % of 2.26% 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 Shri Hare-Krishna Sponge Iron and its competitors. This is 85% below median its historical median of 15.15. Over the past decade, Shri Hare-Krishna Sponge Iron's ROA % has ranged from 5.06 to 19.77. According to the industry distribution chart, Shri Hare-Krishna Sponge Iron ranks #159 out of 634 companies in the Steel industry, placing it in the top 25.1%.
Is Shri Hare-Krishna Sponge Iron's ROA % too high?
Shri Hare-Krishna Sponge Iron's current ROA % of 2.26% is 85% below median its 10-year median of 15.15. Over the past 10 years, this metric has ranged from a low of 5.06 to a high of 19.77. The Steel industry median ROA % is 1.93. Shri Hare-Krishna Sponge Iron's value of 2.26% is 17.1% above this industry median. Based on the distribution chart, Shri Hare-Krishna Sponge Iron ranks #159 out of 634 companies in the Steel industry, which is above the industry midpoint. Overall, Shri Hare-Krishna Sponge Iron has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Shri Hare-Krishna Sponge Iron's ROA % compare to NUE and STLD?
According to the Steel industry distribution chart, Shri Hare-Krishna Sponge Iron ranks #159 out of 634 companies for ROA %. This puts Shri Hare-Krishna Sponge Iron in the upper half of its industry. The industry median ROA % is 1.93. Shri Hare-Krishna Sponge Iron's value of 2.26% is 17.1% above this benchmark. Historically, Shri Hare-Krishna Sponge Iron's own ROA % has ranged from 5.06 to 19.77 over the past decade. While the company's 10-year median is 15.15 vs. the industry median of 1.93, Shri Hare-Krishna Sponge Iron 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 Steel company?
The median ROA % among Steel companies is 1.93, based on 634 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. Shri Hare-Krishna Sponge Iron's current ROA % of 2.26% is 17.1% 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 Shri Hare-Krishna Sponge Iron and its competitors. For the Steel industry, the median ROA % is 1.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shri Hare-Krishna Sponge Iron's current ROA % is 2.26%, which is 85% below median its own 10-year median of 15.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Hare-Krishna Sponge Iron stock overvalued right now?
Shri Hare-Krishna Sponge Iron (NSE:SHKSIL) has a current ROA % of 2.26%. The current ROA % is 2.26%, which is 85% below median its 10-year median of 15.15 and 17.1% above the Steel industry median of 1.93. Shri Hare-Krishna Sponge Iron's overall GF Score™ is 31/100 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 Shri Hare-Krishna Sponge Iron (NSE:SHKSIL), the current ROA % is 2.26% 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.
Shri Hare-Krishna Sponge Iron Business Description
Shri Hare-Krishna Sponge Iron Ltd is engaged in the business of manufacturing and selling of Sponge Iron. Sponge iron is mainly used as a raw material for steel production in electric arc furnaces and induction furnaces. Through its sponge iron business, it caters to the metallic requirements of steel producers in selected geographies.
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