Marble City India (BOM:531281) ROC %: 8.12% (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.

BOM:531281 Marble City India Ltd BOM:531281
58 GF Score
Price ₹121.55
GF Value ₹94.44
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Marble City India ROC %?

Marble City India BOM:531281 +0.08% 58 ROC % is 8.12% as of Mar. 2026. GuruFocus rates BOM:531281 with a GF Score™ of 58/100 and a GF Value™ of ₹94.44 (Modestly Overvalued). The stock has 6 warning signs investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Marble City India's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 8.12%.

As of today (2026-08-12), Marble City India's WACC % is 12.15%. Marble City India's ROC % is 8.96% (calculated using TTM income statement data). Marble City India earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Marble City India  (BOM:531281) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Marble City India's WACC % is 12.15%. Marble City India's ROC % is 8.96% (calculated using TTM income statement data). Marble City India earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Marble City India ROC % Related Terms


Marble City India ROC % Historical Data

* Premium members only.

The historical data trend for Marble City India's ROC % 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.

Marble City India ROC % Chart

Marble City India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.39 5.07 1.53 5.04 8.91

Marble City India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC % 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 18.42 9.49 11.05 7.52 8.12
BOM:531281
58GF Score
Marble City India Ltd BOM:531281
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marble City India ROC % Calculation

Marble City India's annualized Return on Capital (ROC %) for the fiscal year that ended in Mar. 2026 is calculated as:

ROC % (A: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2025 ) + Invested Capital (A: Mar. 2026 ))/ count )
=233.707 * ( 1 - 26.16% )/( (1626.963 + 2244.886)/ 2 )
=172.5692488/1935.9245
=8.91 %

where

Invested Capital(A: Mar. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1749.289 - 81.995 - ( 40.331 - max(0, 509.816 - 1511.326+40.331))
=1626.963

Invested Capital(A: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2493.946 - 196.454 - ( 52.606 - max(0, 789.226 - 2246.691+52.606))
=2244.886

Marble City India's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=256.388 * ( 1 - 28.93% )/( (0 + 2244.886)/ 1 )
=182.2149516/2244.886
=8.12 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2493.946 - 196.454 - ( 52.606 - max(0, 789.226 - 2246.691+52.606))
=2244.886

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of 8.12% mean?
Marble City India (BOM:531281) has a ROC % of 8.12% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Marble City India and its competitors.
Is Marble City India's ROC % too high?
Marble City India's current ROC % is 8.12%. The Construction industry median ROC % is 4.75. Marble City India's value of 8.12% is 70.9% above this industry median. Overall, Marble City India has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marble City India's ROC % compare to TT and JCI?
Marble City India's ROC % of 8.12% can be compared against companies in the Construction industry. The industry median ROC % is 4.75. Marble City India's value of 8.12% is 70.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Construction company?
The median ROC % among Construction companies is 4.75, based on 1,761 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marble City India's current ROC % of 8.12% is 70.9% 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 % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Marble City India and its competitors. For the Construction industry, the median ROC % is 4.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marble City India's current ROC % is 8.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marble City India stock overvalued right now?
Based on GuruFocus' analysis, Marble City India (BOM:531281) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹94.44, compared to a current price of ₹121.55 — trading 28.7% above its estimated fair value. The current ROC % is 8.12% and 70.9% above the Construction industry median of 4.75. Marble City India's overall GF Score™ is 58/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Marble City India (BOM:531281), the current ROC % is 8.12% 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.

Is Marble City India (BOM:531281) Overvalued in 2026?

Based on GuruFocus' analysis, Marble City India stock appears to be overvalued. The current stock price of ₹121.55 is trading 28.7% above its estimated GF Value™ of ₹94.44. GuruFocus considers Marble City India to be Modestly Overvalued.

Key valuation signals for BOM:531281:

  • ROC %: 8.12%
  • GF Value™: ₹94.44 vs. price of ₹121.55 (28.7% above fair value)
  • GF Score™: 58/100 with 6 warning signs
  • Industry Position: 70.9% above the Construction median

No single metric tells the full story. See the BOM:531281 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marble City India Business Description

Address Kailash Colony, A-30, S-11, Second Floor, New Delhi, IND, 110048
Marble City India Ltd is mainly engaged in the business activity of manufacturing and trading of marbles and slabs. It is involved in cutting, finishing, and trading imported marbles. The company supplies its products for projects such as hotels, shopping malls, premium residential complexes, clubs, motels, factories, offices, and others. The company's marble are imported from countries: Italy, Spain, Greece, Turkey, Brazil and Norway. The group majorly markets its products in India.
58GF Score

Get the complete analysis for BOM:531281

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

₹121.55
Price
₹94.44
GF Value