Naga Dhunseri Group (NSE:NDGL) ROC (Joel Greenblatt) %: -95.48% (As of Mar. 2026)

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:NDGL Naga Dhunseri Group Ltd NSE:NDGL
67 GF Score
Price ₹2,774.50
! 4 Warning Signs
View Full Analysis

What is Naga Dhunseri Group ROC (Joel Greenblatt) %?

Naga Dhunseri Group NSE:NDGL +6.28% 67 ROC (Joel Greenblatt) % is -95.48% as of Mar. 2026. GuruFocus rates NSE:NDGL with a GF Score™ of 67/100. The stock has 4 warning signs investors should review. Among 677 Capital Markets companies, Naga Dhunseri Group ranks worse than 67.95% 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. Naga Dhunseri Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -95.48%.

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

NSE:NDGL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -87.19   Med: 136.33   Max: 1413.57
Current: 1.4

During the past 13 years, Naga Dhunseri Group's highest ROC (Joel Greenblatt) % was 1413.57%. The lowest was -87.19%. And the median was 136.33%.

NSE:NDGL's ROC (Joel Greenblatt) % is ranked worse than
67.95% of 677 companies
in the Capital Markets industry
Industry Median: 34.76 vs NSE:NDGL: 1.40

Naga Dhunseri Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -77.00% per year.


Naga Dhunseri Group  (NSE:NDGL) 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.


Naga Dhunseri Group ROC (Joel Greenblatt) % Related Terms


Naga Dhunseri Group ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Naga Dhunseri Group'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.

Naga Dhunseri Group ROC (Joel Greenblatt) % Chart

Naga Dhunseri Group 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 1,413.57 1,369.45 317.82 4.05 1.77

Naga Dhunseri Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.01 11.47 10.62 -3.61 -95.48

NSE:NDGL vs MS, GS, SCHW: ROC (Joel Greenblatt) % Comparison

For the Capital Markets subindustry, Naga Dhunseri Group'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.


Naga Dhunseri Group ROC (Joel Greenblatt) % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Naga Dhunseri Group's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Naga Dhunseri Group's ROC (Joel Greenblatt) % falls into.


NSE:NDGL
67GF Score
Naga Dhunseri Group Ltd NSE:NDGL
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Naga Dhunseri Group 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(202.48 + 527.302 + 0) - (455.736 + 0 + 0)
=274.046

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Naga Dhunseri Group 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: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1244.268/( ( (0 + max(0, 0)) + (1029.08 + max(274.046, 0)) )/ 1 )
=-1244.268/( ( 0 + 1303.126 )/ 1 )
=-1244.268/1303.126
=-95.48 %

Note: The EBIT data used here is four times the quarterly (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 -95.48% mean?
Naga Dhunseri Group (NSE:NDGL) has a ROC (Joel Greenblatt) % of -95.48% 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 Naga Dhunseri Group and its competitors. According to the industry distribution chart, Naga Dhunseri Group ranks #460 out of 677 companies in the Capital Markets industry, placing it in the top 67.9%.
Is Naga Dhunseri Group's ROC (Joel Greenblatt) % too high?
Naga Dhunseri Group's current ROC (Joel Greenblatt) % is -95.48%. Based on the distribution chart, Naga Dhunseri Group ranks #460 out of 677 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Naga Dhunseri Group has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Naga Dhunseri Group's ROC (Joel Greenblatt) % compare to MS and GS?
According to the Capital Markets industry distribution chart, Naga Dhunseri Group ranks #460 out of 677 companies for ROC (Joel Greenblatt) %. This places Naga Dhunseri Group in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 34.76. 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 Capital Markets company?
The median ROC (Joel Greenblatt) % among Capital Markets companies is 34.76, based on 677 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. 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 Naga Dhunseri Group and its competitors. For the Capital Markets industry, the median ROC (Joel Greenblatt) % is 34.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Naga Dhunseri Group's current ROC (Joel Greenblatt) % is -95.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Naga Dhunseri Group stock overvalued right now?
Naga Dhunseri Group (NSE:NDGL) has a current ROC (Joel Greenblatt) % of -95.48%. The current ROC (Joel Greenblatt) % is -95.48%. Naga Dhunseri Group's overall GF Score™ is 67/100 with 4 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 Naga Dhunseri Group (NSE:NDGL), the current ROC (Joel Greenblatt) % is -95.48% 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.

Naga Dhunseri Group Business Description

Address 4A, Woodburn Park, Dhunseri House, Kolkata, WB, IND, 700 020
Naga Dhunseri Group Ltd is an Indian non-banking finance company. It is engaged in investing in shares and securities. The company invests in shares, debentures, bonds, and securities issued or guaranteed by any government, public body, authority, municipal, or local in India. It generates its revenue from Dividend Income.
67GF Score

Get the complete analysis for NSE:NDGL

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

₹2,774.50
Price