Shri TechtexNSE:SHRITECH +1.56%67 ROA % is 20.82% as of Mar. 2026, which is 34% above its 10-year median of 15.48. GuruFocus rates NSE:SHRITECH with a GF Score™ of 67/100 and a GF Value™ of ₹77.60 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,067 Manufacturing - Apparel & Accessories companies, Shri Techtex ranks better than 96.53% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Shri Techtex's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹264.9 Mil.
Shri Techtex's average Total Assets over the quarter that ended in Mar. 2026 was ₹1,272.1 Mil. Therefore, Shri Techtex's annualized ROA % for the quarter that ended in Mar. 2026 was 20.82%.
The historical rank and industry rank for Shri Techtex's ROA % or its related term are showing as below:
NSE:SHRITECH'
s ROA % Range Over the Past 10 Years
Min: 13.63 Med: 15.48 Max: 39.44
Current: 15.65
During the past 7 years, Shri Techtex's highest ROA % was 39.44%. The lowest was 13.63%. And the median was 15.48%.
NSE:SHRITECH's ROA % is ranked better than 96.53% of 1067
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.88
vs NSE:SHRITECH: 15.65
Shri Techtex (NSE:SHRITECH) 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 Techtex ROA % Related Terms
Shri Techtex ROA % Historical Data
* Premium members only.
The historical data trend for Shri Techtex'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 Textile Manufacturing subindustry, Shri Techtex'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 Techtex ROA % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shri Techtex's ROA % distribution charts can be found below:
* The bar in red indicates where Shri Techtex'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 Techtex (NSE:SHRITECH) has a ROA % of 20.82% 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 Techtex and its competitors. This is 34% above median its historical median of 15.48. Over the past decade, Shri Techtex's ROA % has ranged from 13.63 to 39.44. According to the industry distribution chart, Shri Techtex ranks #37 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 3.5%.
Is Shri Techtex's ROA % too high?
Shri Techtex's current ROA % of 20.82% is 34% above median its 10-year median of 15.48. Over the past 10 years, this metric has ranged from a low of 13.63 to a high of 39.44. The Manufacturing - Apparel & Accessories industry median ROA % is 1.88. Shri Techtex's value of 20.82% is 1007.4% above this industry median. Based on the distribution chart, Shri Techtex ranks #37 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Shri Techtex has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shri Techtex's ROA % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shri Techtex ranks #37 out of 1067 companies for ROA %. This places Shri Techtex in the top 4% of its industry — outperforming the majority of peers. The industry median ROA % is 1.88. Shri Techtex's value of 20.82% is 1007.4% above this benchmark. Historically, Shri Techtex's own ROA % has ranged from 13.63 to 39.44 over the past decade. While the company's 10-year median is 15.48 vs. the industry median of 1.88, Shri Techtex 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 Manufacturing - Apparel & Accessories company?
The median ROA % among Manufacturing - Apparel & Accessories companies is 1.88, based on 1,067 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 Techtex's current ROA % of 20.82% is 1007.4% 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 Techtex and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROA % is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shri Techtex's current ROA % is 20.82%, which is 34% above median its own 10-year median of 15.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Techtex stock overvalued right now?
Based on GuruFocus' analysis, Shri Techtex (NSE:SHRITECH) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹77.60, compared to a current price of ₹65.00 — trading 16.2% below its estimated fair value. The current ROA % is 20.82%, which is 34% above median its 10-year median of 15.48 and 1007.4% above the Manufacturing - Apparel & Accessories industry median of 1.88. Shri Techtex's overall GF Score™ is 67/100 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 Shri Techtex (NSE:SHRITECH), the current ROA % is 20.82% 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 Shri Techtex (NSE:SHRITECH) Overvalued in 2026?
Based on GuruFocus' analysis, Shri Techtex stock appears to be undervalued.
The current stock price of ₹65.00 is trading 16.2% below its estimated GF Value™ of ₹77.60.
GuruFocus considers Shri Techtex to be Modestly Undervalued.
Key valuation signals for NSE:SHRITECH:
ROA %: 20.82% (34% above median its 10-year median of 15.48)
GF Value™: ₹77.60 vs. price of ₹65.00 (16.2% below fair value)
Industry Position: 1007.4% above the Manufacturing - Apparel & Accessories median (#37 of 1067)
No single metric tells the full story. See the NSE:SHRITECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shri Techtex Ltd is engaged in the business of manufacturing of technical textile. The practical use of non-woven fabric is more ecological for certain applications, especially in fields and industries where disposable or single-use products are important, such as organic farming, hospitals, health care, nursing homes, home furnishing, vehicle upholstery seat fabrication, Mattress & furniture covering, ecological packaging, industrial and consumer goods. The company manufactures PP non-woven fabric in a variety of sizes and densities.
67GF Score
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