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Vishnusurya Projects and Infra (NSE:VISHNUINFR) ROA % : 13.84% (As of Mar. 2023)


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What is Vishnusurya Projects and Infra ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Vishnusurya Projects and Infra's annualized Net Income for the quarter that ended in Mar. 2023 was ₹166 Mil. Vishnusurya Projects and Infra's average Total Assets over the quarter that ended in Mar. 2023 was ₹1,198 Mil. Therefore, Vishnusurya Projects and Infra's annualized ROA % for the quarter that ended in Mar. 2023 was 13.84%.

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

NSE:VISHNUINFR' s ROA % Range Over the Past 10 Years
Min: 4.2   Med: 7.32   Max: 13.84
Current: 13.84

During the past 3 years, Vishnusurya Projects and Infra's highest ROA % was 13.84%. The lowest was 4.20%. And the median was 7.32%.

NSE:VISHNUINFR's ROA % is ranked better than
96.45% of 2703 companies
in the Metals & Mining industry
Industry Median: -14.8 vs NSE:VISHNUINFR: 13.84

Vishnusurya Projects and Infra ROA % Historical Data

The historical data trend for Vishnusurya Projects and Infra'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.

* Premium members only.

Vishnusurya Projects and Infra ROA % Chart

Vishnusurya Projects and Infra Annual Data
Trend Mar21 Mar22 Mar23
ROA %
4.20 7.32 13.84

Vishnusurya Projects and Infra Semi-Annual Data
Mar21 Mar22 Mar23
ROA % 4.20 7.32 13.84

Competitive Comparison of Vishnusurya Projects and Infra's ROA %

For the Other Industrial Metals & Mining subindustry, Vishnusurya Projects and Infra'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.


Vishnusurya Projects and Infra's ROA % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Vishnusurya Projects and Infra's ROA % distribution charts can be found below:

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



Vishnusurya Projects and Infra ROA % Calculation

Vishnusurya Projects and Infra's annualized ROA % for the fiscal year that ended in Mar. 2023 is calculated as:

ROA %=Net Income (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=165.81/( (1184.939+1210.528)/ 2 )
=165.81/1197.7335
=13.84 %

Vishnusurya Projects and Infra's annualized ROA % for the quarter that ended in Mar. 2023 is calculated as:

ROA %=Net Income (Q: Mar. 2023 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=165.81/( (1184.939+1210.528)/ 2 )
=165.81/1197.7335
=13.84 %

* 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. 2023) net income data. ROA % is displayed in the 30-year financial page.


Vishnusurya Projects and Infra  (NSE:VISHNUINFR) 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. 2023 )
=Net Income/Total Assets
=165.81/1197.7335
=(Net Income / Revenue)*(Revenue / Total Assets)
=(165.81 / 1323.711)*(1323.711 / 1197.7335)
=Net Margin %*Asset Turnover
=12.53 %*1.1052
=13.84 %

Note: The Net Income data used here is one times the annual (Mar. 2023) net income data. The Revenue data used here is one times the annual (Mar. 2023) 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.


Vishnusurya Projects and Infra ROA % Related Terms

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Vishnusurya Projects and Infra (NSE:VISHNUINFR) Business Description

Traded in Other Exchanges
N/A
Address
North Mada Street, 2nd Floor, Qbas Temple Tower, No. 76/25, Mylapore, Chennai, TN, IND, 600 004
Vishnusurya Projects and Infra Ltd is engaged in the mining of rough stones and the manufacturing of aggregates & Manufacture-sand by using Crushing Plants and Sand washing plants. In addition to mining activities, it is engaged in EPC Projects (construction and infrastructure) delivered across all key sectors such as water, transportation, rail, resource, and institutional development. The Company executed and delivered multiple real estate projects in the past such as the construction of villas, multi-storied apartments, specific contracts like compound walls, renovation works, site formation, etc., and design and construction of various infrastructure projects for the government, autonomous and private bodies in state of Tamil Nadu.

Vishnusurya Projects and Infra (NSE:VISHNUINFR) Headlines

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