Krishanveer Forge (BOM:513369) ROC (Joel Greenblatt) %: 36.57% (As of Jun. 2026) — 132% Above Median

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BOM:513369 Krishanveer Forge Ltd BOM:513369
76 GF Score
Price ₹131.60
GF Value ₹127.81
Valuation Fairly Valued
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What is Krishanveer Forge ROC (Joel Greenblatt) %?

Krishanveer Forge BOM:513369 -0.60% 76 ROC (Joel Greenblatt) % is 36.57% as of Jun. 2026, which is 132% above its 10-year median of 15.73. GuruFocus rates BOM:513369 with a GF Score™ of 76/100 and a GF Value™ of ₹127.81 (Fairly Valued). Among 3,080 Industrial Products companies, Krishanveer Forge ranks better than 89.48% on this metric.

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Krishanveer Forge's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 36.57%.

The historical rank and industry rank for Krishanveer Forge's ROC (Joel Greenblatt) % or its related term are showing as below:

BOM:513369' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -12.82   Med: 15.73   Max: 50.51
Current: 50.51

During the past 13 years, Krishanveer Forge's highest ROC (Joel Greenblatt) % was 50.51%. The lowest was -12.82%. And the median was 15.73%.

BOM:513369's ROC (Joel Greenblatt) % is ranked better than
89.48% of 3080 companies
in the Industrial Products industry
Industry Median: 11.985 vs BOM:513369: 50.51

Krishanveer Forge's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 23.40% per year.


Krishanveer Forge  (BOM:513369) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Krishanveer Forge ROC (Joel Greenblatt) % Related Terms


Krishanveer Forge ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Krishanveer Forge's ROC (Joel Greenblatt) % 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.

Krishanveer Forge ROC (Joel Greenblatt) % Chart

Krishanveer Forge Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.45 8.07 15.67 23.19 49.90

Krishanveer Forge Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.55 44.78 27.98 94.05 36.57

BOM:513369 vs ATI, CRS, MLI: ROC (Joel Greenblatt) % Comparison

For the Metal Fabrication subindustry, Krishanveer Forge's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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.


Krishanveer Forge ROC (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Krishanveer Forge's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Krishanveer Forge's ROC (Joel Greenblatt) % falls into.


BOM:513369
76GF Score
Krishanveer Forge Ltd BOM:513369
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Krishanveer Forge ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(225.261 + 72.054 + -5.852) - (121.897 + 3.66 + 36.912)
=128.994

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=( + 0 + ) - (0 + 0 + )
=0

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Krishanveer Forge for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=112.3876/( ( (178.31 + max(128.994, 0)) + ( + max(0, 0)) )/ 1 )
=112.3876/( ( 307.304 + 0 )/ 1 )
=112.3876/307.304
=36.57 %

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT 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.

What does a ROC (Joel Greenblatt) % of 36.57% mean?
Krishanveer Forge (BOM:513369) has a ROC (Joel Greenblatt) % of 36.57% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Krishanveer Forge and its competitors. This is 132% above median its historical median of 15.73. According to the industry distribution chart, Krishanveer Forge ranks #324 out of 3080 companies in the Industrial Products industry, placing it in the top 10.5%.
Is Krishanveer Forge's ROC (Joel Greenblatt) % too high?
Krishanveer Forge's current ROC (Joel Greenblatt) % of 36.57% is 132% above median its 10-year median of 15.73. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.99. Krishanveer Forge's value of 36.57% is 205.1% above this industry median. Based on the distribution chart, Krishanveer Forge ranks #324 out of 3080 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Krishanveer Forge has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Krishanveer Forge's ROC (Joel Greenblatt) % compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Krishanveer Forge ranks #324 out of 3080 companies for ROC (Joel Greenblatt) %. This places Krishanveer Forge in the top 11% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.99. Krishanveer Forge's value of 36.57% is 205.1% above this benchmark. While the company's 10-year median is 15.73 vs. the industry median of 11.99, Krishanveer Forge 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 ROC (Joel Greenblatt) % for an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.99, based on 3,080 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Krishanveer Forge's current ROC (Joel Greenblatt) % of 36.57% is 205.1% 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Krishanveer Forge and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Krishanveer Forge's current ROC (Joel Greenblatt) % is 36.57%, which is 132% above median its own 10-year median of 15.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Krishanveer Forge stock overvalued right now?
Based on GuruFocus' analysis, Krishanveer Forge (BOM:513369) is currently considered Fairly Valued. The stock's GF Value™ is ₹127.81, compared to a current price of ₹131.60 — trading 3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 36.57%, which is 132% above median its 10-year median of 15.73 and 205.1% above the Industrial Products industry median of 11.99. Krishanveer Forge's overall GF Score™ is 76/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Krishanveer Forge (BOM:513369), the current ROC (Joel Greenblatt) % is 36.57% as of Jun. 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 Krishanveer Forge (BOM:513369) Overvalued in 2026?

Based on GuruFocus' analysis, Krishanveer Forge stock appears to be overvalued. The current stock price of ₹131.60 is trading 3% above its estimated GF Value™ of ₹127.81. GuruFocus considers Krishanveer Forge to be Fairly Valued.

Key valuation signals for BOM:513369:

  • ROC (Joel Greenblatt) %: 36.57% (132% above median its 10-year median of 15.73)
  • GF Value™: ₹127.81 vs. price of ₹131.60 (3% above fair value)
  • GF Score™: 76/100
  • Industry Position: 205.1% above the Industrial Products median (#324 of 3080)

No single metric tells the full story. See the BOM:513369 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Krishanveer Forge Business Description

Address Global Square, S. No. 247, Office No. 511 to 513, 14B, Yerawada, Pune, MH, IND, 411 006
Krishanveer Forge Ltd is engaged in the business of manufacturing and selling open die forging facilities catering across industries including oil and Gas, infrastructure, Power transmission, mining, and construction. It has one segment namely, the manufacture of forgings. The products in which the company deals are mill roller shafts, gear shafts, tail bars, gear rings, blanks, table rolls, pinions, spindles, elongator rolls, wobblers, and gearing components. Geographically, it derives a majority of its revenue from India.
76GF Score

Get the complete analysis for BOM:513369

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹131.60
Price
₹127.81
GF Value