Is It Well-Run? · Advanced · Pro filter
Return on net operating assets: what it means and how to read it
Operating profit ÷ the assets the business needs to run, after taking out what suppliers and customers fund for it.
What is Return on net operating assets?
Operating profit ÷ the assets the business needs to run, after taking out what suppliers and customers fund for it.
A worked example
A retailer with ₹1,000 Cr of operating assets, of which suppliers fund ₹400 Cr, has ₹600 Cr of its own tied up. Operating profit of ₹150 Cr on that is 25%.
Why does Return on net operating assets matter?
A sharper measure of how productive the core business is.
How do you read Return on net operating assets?
Higher is better.
Higher is usually better.
What is a typical Return on net operating assets in India today?
The median across the 4079 listed companies that report it, as of 12 Oct 2026. Half sit above each figure and half below.
By company size
Median
Large Cap · 70 companies16.1%
Mid Cap · 115 companies14.3%
Small Cap · 3894 companies8.8%
By industry
Median, largest industries first
Pharmaceuticals · 18311.1%
Computers - Software & Consulting · 5721.2%
Refineries & Marketing · 813.4%
Power Generation · 295.4%
Heavy Electrical Equipment · 4320.3%
Auto Components & Equipments · 11012.7%
Cement & Cement Products · 326.2%
Civil Construction · 10611.7%
2/3 Wheelers · 911.5%
Iron & Steel · 129.0%
Compare a company with its own industry before the whole market. Every industry, and each company's rank within it, is in the screener.