Vishal Fabrics (NSE:VISHAL) ROC (Joel Greenblatt) %: 10.35% (As of Jun. 2026) — Near Median

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NSE:VISHAL Vishal Fabrics Ltd NSE:VISHAL
54 GF Score
Price ₹18.70
GF Value ₹26.82
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Vishal Fabrics ROC (Joel Greenblatt) %?

Vishal Fabrics NSE:VISHAL 54 ROC (Joel Greenblatt) % is 10.35% as of Jun. 2026, which is 3% above its 10-year median of 10.08. GuruFocus rates NSE:VISHAL with a GF Score™ of 54/100 and a GF Value™ of ₹26.82 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,069 Manufacturing - Apparel & Accessories companies, Vishal Fabrics ranks better than 57.62% 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. Vishal Fabrics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 10.35%.

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

NSE:VISHAL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.27   Med: 10.08   Max: 19.03
Current: 11.51

During the past 13 years, Vishal Fabrics's highest ROC (Joel Greenblatt) % was 19.03%. The lowest was 8.27%. And the median was 10.08%.

NSE:VISHAL's ROC (Joel Greenblatt) % is ranked better than
57.62% of 1069 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 9.03 vs NSE:VISHAL: 11.51

Vishal Fabrics's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -7.30% per year.


Vishal Fabrics  (NSE:VISHAL) 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.


Vishal Fabrics ROC (Joel Greenblatt) % Related Terms


Vishal Fabrics ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Vishal Fabrics'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.

Vishal Fabrics ROC (Joel Greenblatt) % Chart

Vishal Fabrics 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 19.03 14.73 8.78 10.29 9.26

Vishal Fabrics Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 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 11.86 12.48 11.66 10.11 10.35

Vishal Fabrics ROC (Joel Greenblatt) % Competitor Comparison

For the Textile Manufacturing subindustry, Vishal Fabrics'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.


Vishal Fabrics ROC (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vishal Fabrics's ROC (Joel Greenblatt) % distribution charts can be found below:

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


NSE:VISHAL
54GF Score
Vishal Fabrics Ltd NSE:VISHAL
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vishal Fabrics 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)
=(6478.6 + 632.3 + 444.6) - (1025.3 + 0 + 198.9)
=6331.3

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 + 0 + 0)
=0

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Vishal Fabrics 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 )
=778.092/( ( (1185.1 + max(6331.3, 0)) + (0 + max(0, 0)) )/ 1 )
=778.092/( ( 7516.4 + 0 )/ 1 )
=778.092/7516.4
=10.35 %

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 10.35% mean?
Vishal Fabrics (NSE:VISHAL) has a ROC (Joel Greenblatt) % of 10.35% 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 Vishal Fabrics and its competitors. This is near median its historical median of 10.08. Over the past decade, Vishal Fabrics' ROC (Joel Greenblatt) % has ranged from 8.27 to 19.03. According to the industry distribution chart, Vishal Fabrics ranks #453 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 42.4%.
Is Vishal Fabrics' ROC (Joel Greenblatt) % too high?
Vishal Fabrics' current ROC (Joel Greenblatt) % of 10.35% is near median its 10-year median of 10.08. Over the past 10 years, this metric has ranged from a low of 8.27 to a high of 19.03. The Manufacturing - Apparel & Accessories industry median ROC (Joel Greenblatt) % is 9.03. Vishal Fabrics' value of 10.35% is 14.6% above this industry median. Based on the distribution chart, Vishal Fabrics ranks #453 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Vishal Fabrics has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vishal Fabrics' ROC (Joel Greenblatt) % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Vishal Fabrics ranks #453 out of 1069 companies for ROC (Joel Greenblatt) %. This puts Vishal Fabrics in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 9.03. Vishal Fabrics' value of 10.35% is 14.6% above this benchmark. Historically, Vishal Fabrics' own ROC (Joel Greenblatt) % has ranged from 8.27 to 19.03 over the past decade. While the company's 10-year median is 10.08 vs. the industry median of 9.03, Vishal Fabrics 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 Manufacturing - Apparel & Accessories company?
The median ROC (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 9.03, based on 1,069 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. Vishal Fabrics's current ROC (Joel Greenblatt) % of 10.35% is 14.6% 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 Vishal Fabrics and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC (Joel Greenblatt) % is 9.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vishal Fabrics's current ROC (Joel Greenblatt) % is 10.35%, which is near median its own 10-year median of 10.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vishal Fabrics stock overvalued right now?
Based on GuruFocus' analysis, Vishal Fabrics (NSE:VISHAL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹26.82, compared to a current price of ₹18.70 — trading 30.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 10.35%, which is near median its 10-year median of 10.08 and 14.6% above the Manufacturing - Apparel & Accessories industry median of 9.03. Vishal Fabrics' overall GF Score™ is 54/100 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 Vishal Fabrics (NSE:VISHAL), the current ROC (Joel Greenblatt) % is 10.35% 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 Vishal Fabrics (NSE:VISHAL) Overvalued in 2026?

Based on GuruFocus' analysis, Vishal Fabrics stock appears to be undervalued. The current stock price of ₹18.70 is trading 30.3% below its estimated GF Value™ of ₹26.82. GuruFocus considers Vishal Fabrics to be Significantly Undervalued.

Key valuation signals for NSE:VISHAL:

  • ROC (Joel Greenblatt) %: 10.35% (near median its 10-year median of 10.08)
  • GF Value™: ₹26.82 vs. price of ₹18.70 (30.3% below fair value)
  • GF Score™: 54/100 with 5 warning signs
  • Industry Position: 14.6% above the Manufacturing - Apparel & Accessories median (#453 of 1069)

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


Vishal Fabrics Business Description

Other Exchanges 538598:India
Address Bopal - Ambli Road, Shanti Corporate House, Near Hira Rupa Hall, Bopal, Ahmedabad, GJ, IND, 380058
Vishal Fabrics Ltd is an Indian company engaged in the business of manufacturing and sale of textile. Its activities include dying, printing, and processing of fabrics of its own and also on job work basis. The company mainly procures grey fabric and dyes, and prints. The company sells Manufactured goods; which includes fabric sales, grey fabric sales, and yarn sales and Trading goods; which include chips sales. It also offers services which include Job work sales. The group operates its business mainly in India.
54GF Score

Get the complete analysis for NSE:VISHAL

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

₹18.70
Price
₹26.82
GF Value