Kataria Industries (NSE:KATARIA) ROC (Joel Greenblatt) %: 19.84% (As of Mar. 2026) — 35% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:KATARIA Kataria Industries Ltd NSE:KATARIA
35 GF Score
Price ₹104.50
! 5 Warning Signs
View Full Analysis

What is Kataria Industries ROC (Joel Greenblatt) %?

Kataria Industries NSE:KATARIA +0.97% 35 ROC (Joel Greenblatt) % is 19.84% as of Mar. 2026, which is 35% above its 10-year median of 14.68. GuruFocus rates NSE:KATARIA with a GF Score™ of 35/100. The stock has 5 warning signs investors should review. Among 631 Steel companies, Kataria Industries ranks better than 73.53% 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. Kataria Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 19.84%.

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

NSE:KATARIA' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 11.02   Med: 14.68   Max: 16.38
Current: 15.61

During the past 6 years, Kataria Industries's highest ROC (Joel Greenblatt) % was 16.38%. The lowest was 11.02%. And the median was 14.68%.

NSE:KATARIA's ROC (Joel Greenblatt) % is ranked better than
73.53% of 631 companies
in the Steel industry
Industry Median: 8.49 vs NSE:KATARIA: 15.61

Kataria Industries's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 4.00% per year.


Kataria Industries  (NSE:KATARIA) 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.


Kataria Industries ROC (Joel Greenblatt) % Related Terms


Kataria Industries ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Kataria Industries'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.

Kataria Industries ROC (Joel Greenblatt) % Chart

Kataria Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 14.64 11.02 16.38 14.71 15.01

Kataria Industries Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only 11.71 16.86 16.40 12.17 19.84

NSE:KATARIA vs NUE, STLD, RS: ROC (Joel Greenblatt) % Comparison

For the Steel subindustry, Kataria Industries'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.


Kataria Industries ROC (Joel Greenblatt) % vs Steel Industry

For the Steel industry and Basic Materials sector, Kataria Industries's ROC (Joel Greenblatt) % distribution charts can be found below:

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


NSE:KATARIA
35GF Score
Kataria Industries Ltd NSE:KATARIA
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kataria Industries 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: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(403.539 + 292.755 + 40.46) - (73.654 + 0 + 47.18)
=615.92

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(365.353 + 376.898 + 43.225) - (45.111 + 0 + 23.198)
=717.167

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Kataria Industries for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=212.256/( ( (408.371 + max(615.92, 0)) + (397.967 + max(717.167, 0)) )/ 2 )
=212.256/( ( 1024.291 + 1115.134 )/ 2 )
=212.256/1069.7125
=19.84 %

Note: The EBIT data used here is two times the semi-annual (Mar. 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 19.84% mean?
Kataria Industries (NSE:KATARIA) has a ROC (Joel Greenblatt) % of 19.84% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Kataria Industries and its competitors. This is 35% above median its historical median of 14.68. Over the past decade, Kataria Industries' ROC (Joel Greenblatt) % has ranged from 11.02 to 16.38. According to the industry distribution chart, Kataria Industries ranks #167 out of 631 companies in the Steel industry, placing it in the top 26.5%.
Is Kataria Industries' ROC (Joel Greenblatt) % too high?
Kataria Industries' current ROC (Joel Greenblatt) % of 19.84% is 35% above median its 10-year median of 14.68. Over the past 10 years, this metric has ranged from a low of 11.02 to a high of 16.38. The Steel industry median ROC (Joel Greenblatt) % is 8.49. Kataria Industries' value of 19.84% is 133.7% above this industry median. Based on the distribution chart, Kataria Industries ranks #167 out of 631 companies in the Steel industry, which is above the industry midpoint. Overall, Kataria Industries has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Kataria Industries' ROC (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, Kataria Industries ranks #167 out of 631 companies for ROC (Joel Greenblatt) %. This puts Kataria Industries in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 8.49. Kataria Industries' value of 19.84% is 133.7% above this benchmark. Historically, Kataria Industries' own ROC (Joel Greenblatt) % has ranged from 11.02 to 16.38 over the past decade. While the company's 10-year median is 14.68 vs. the industry median of 8.49, Kataria Industries 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 a Steel company?
The median ROC (Joel Greenblatt) % among Steel companies is 8.49, based on 631 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. Kataria Industries's current ROC (Joel Greenblatt) % of 19.84% is 133.7% 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 Kataria Industries and its competitors. For the Steel industry, the median ROC (Joel Greenblatt) % is 8.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kataria Industries's current ROC (Joel Greenblatt) % is 19.84%, which is 35% above median its own 10-year median of 14.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kataria Industries stock overvalued right now?
Kataria Industries (NSE:KATARIA) has a current ROC (Joel Greenblatt) % of 19.84%. The current ROC (Joel Greenblatt) % is 19.84%, which is 35% above median its 10-year median of 14.68 and 133.7% above the Steel industry median of 8.49. Kataria Industries' overall GF Score™ is 35/100 with 5 warning signs to review. 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 Kataria Industries (NSE:KATARIA), the current ROC (Joel Greenblatt) % is 19.84% 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.

Kataria Industries Business Description

Address 34-38 and 44, Industrial Area, Ratlam, MP, IND, 457001
Kataria Industries Ltd is engaged in the manufacturing and supply of low relaxation pre-stressed concrete (LRPC) strands and steel wires, post-tensioning (PT) anchorage systems (anchor cone, anchor head, and wedges), HDPE single wall corrugated (SWC) sheathing ducts, couplers, and aluminium conductors. Its products are utilized in various projects such as roads, bridges and flyovers, metros, railways, buildings, atomic reactors, LNG tanks, power transmission and distribution lines, etc. The company's operating business segments are Wire, which generates the maximum revenue, Cable/Conductor, and Accessories.
35GF Score

Get the complete analysis for NSE:KATARIA

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

₹104.50
Price