Shivashrit Foods (NSE:SHIVASHRIT) ROC (Joel Greenblatt) %: 28.14% (As of Mar. 2026) — 15% Below Median

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NSE:SHIVASHRIT Shivashrit Foods Ltd NSE:SHIVASHRIT
17 GF Score
Price ₹114.55
! 3 Warning Signs
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What is Shivashrit Foods ROC (Joel Greenblatt) %?

Shivashrit Foods NSE:SHIVASHRIT -2.63% 17 ROC (Joel Greenblatt) % is 28.14% as of Mar. 2026, which is 15% below its 10-year median of 32.93. GuruFocus rates NSE:SHIVASHRIT with a GF Score™ of 17/100. The stock has 3 warning signs investors should review. Among 1,980 Consumer Packaged Goods companies, Shivashrit Foods ranks better than 55.71% 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. Shivashrit Foods's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 28.14%.

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

NSE:SHIVASHRIT' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 12   Med: 32.93   Max: 48.78
Current: 14.07

During the past 4 years, Shivashrit Foods's highest ROC (Joel Greenblatt) % was 48.78%. The lowest was 12.00%. And the median was 32.93%.

NSE:SHIVASHRIT's ROC (Joel Greenblatt) % is ranked better than
55.71% of 1980 companies
in the Consumer Packaged Goods industry
Industry Median: 11.99 vs NSE:SHIVASHRIT: 14.07

Shivashrit Foods's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Shivashrit Foods  (NSE:SHIVASHRIT) 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.


Shivashrit Foods ROC (Joel Greenblatt) % Related Terms


Shivashrit Foods ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Shivashrit Foods'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.

Shivashrit Foods ROC (Joel Greenblatt) % Chart

Shivashrit Foods Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
12.00 48.78 35.69 30.17

Shivashrit Foods Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) % 0.00 0.00 35.63 28.14

NSE:SHIVASHRIT vs KHC, GIS: ROC (Joel Greenblatt) % Comparison

For the Packaged Foods subindustry, Shivashrit Foods'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.


Shivashrit Foods ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shivashrit Foods's ROC (Joel Greenblatt) % distribution charts can be found below:

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


NSE:SHIVASHRIT
17GF Score
Shivashrit Foods Ltd NSE:SHIVASHRIT
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shivashrit Foods 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. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(124.502 + 579.183 + 42.274) - (233.532 + 0 + 28.618)
=483.809

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(191.746 + 330.267 + 19.587) - (44.189 + 0 + 26.441)
=470.97

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Shivashrit Foods 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: Mar. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=207.822/( ( (169.92 + max(483.809, 0)) + (352.34 + max(470.97, 0)) )/ 2 )
=207.822/( ( 653.729 + 823.31 )/ 2 )
=207.822/738.5195
=28.14 %

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 28.14% mean?
Shivashrit Foods (NSE:SHIVASHRIT) has a ROC (Joel Greenblatt) % of 28.14% 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 Shivashrit Foods and its competitors. This is 15% below median its historical median of 32.93. Over the past decade, Shivashrit Foods' ROC (Joel Greenblatt) % has ranged from 12.00 to 48.78. According to the industry distribution chart, Shivashrit Foods ranks #877 out of 1980 companies in the Consumer Packaged Goods industry, placing it in the top 44.3%.
Is Shivashrit Foods' ROC (Joel Greenblatt) % too high?
Shivashrit Foods' current ROC (Joel Greenblatt) % of 28.14% is 15% below median its 10-year median of 32.93. Over the past 10 years, this metric has ranged from a low of 12.00 to a high of 48.78. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Shivashrit Foods' value of 28.14% is 134.7% above this industry median. Based on the distribution chart, Shivashrit Foods ranks #877 out of 1980 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Shivashrit Foods has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Shivashrit Foods' ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Shivashrit Foods ranks #877 out of 1980 companies for ROC (Joel Greenblatt) %. This puts Shivashrit Foods in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. Shivashrit Foods' value of 28.14% is 134.7% above this benchmark. Historically, Shivashrit Foods' own ROC (Joel Greenblatt) % has ranged from 12.00 to 48.78 over the past decade. While the company's 10-year median is 32.93 vs. the industry median of 11.99, Shivashrit Foods 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 Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 11.99, based on 1,980 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. Shivashrit Foods's current ROC (Joel Greenblatt) % of 28.14% is 134.7% 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 Shivashrit Foods and its competitors. For the Consumer Packaged Goods 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. Shivashrit Foods's current ROC (Joel Greenblatt) % is 28.14%, which is 15% below median its own 10-year median of 32.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shivashrit Foods stock overvalued right now?
Shivashrit Foods (NSE:SHIVASHRIT) has a current ROC (Joel Greenblatt) % of 28.14%. The current ROC (Joel Greenblatt) % is 28.14%, which is 15% below median its 10-year median of 32.93 and 134.7% above the Consumer Packaged Goods industry median of 11.99. Shivashrit Foods' overall GF Score™ is 17/100 with 3 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 Shivashrit Foods (NSE:SHIVASHRIT), the current ROC (Joel Greenblatt) % is 28.14% 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.

Shivashrit Foods Business Description

Address Gopal Ganj, Sarai Lavaria, Aligarh, UP, IND, 202001
Shivashrit Foods Ltd is a manufacturer, supplier, and exporter of potato flakes. The company has a dedicated potato processing and manufacturing facility at Aligarh in Western Uttar Pradesh, India, for the production of potato flakes. It specializes in the manufacturing of premium-grade potato flakes, used in ready-to-eat meals, snack foods, and processed food products. Its product portfolio is designed to cater to the specific requirements of both Overseas and domestic food manufacturers, offering consistency in quality and a long shelf life. The company currently owns three brands: Shivashrit, Shreeaahar, and Flaker's.
17GF Score

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

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