Hindustan Appliances (BOM:531918) ROC %: -2.18% (As of Mar. 2026)

What is Hindustan Appliances ROC %?

Hindustan Appliances BOM:531918 -5.00% 45 ROC % is -2.18% as of Mar. 2026. GuruFocus rates BOM:531918 with a GF Score™ of 45/100. The stock has 1 warning sign 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 %. Hindustan Appliances's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was -2.18%.

As of today (2026-07-05), Hindustan Appliances's WACC % is 18.59%. Hindustan Appliances's ROC % is -0.87% (calculated using TTM income statement data). Hindustan Appliances earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Hindustan Appliances (BOM:531918) 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, Hindustan Appliances's WACC % is 18.59%. Hindustan Appliances's ROC % is -0.87% (calculated using TTM income statement data). Hindustan Appliances 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.

Hindustan Appliances ROC % Related Terms

Hindustan Appliances ROC % Historical Data

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The historical data trend for Hindustan Appliances'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.

Hindustan Appliances ROC % Chart

Hindustan Appliances Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROC %

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-1.52

-0.91

-0.97

-1.10

-0.87

Hindustan Appliances 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															-1.23	-0.99	-0.90	-0.02	-2.18

45GF Score

Hindustan Appliances Ltd BOM:531918

ROC % is just one metric. See GF Score™, valuation, warning signs, and more.

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Hindustan Appliances ROC % Calculation

Hindustan Appliances'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 )
=	-7.197 * ( 1 - 47.19% )	/	( (435.694	+	437.735)	/ 2 )
=	-3.8007357	/	436.7145
=	-0.87 %

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	))
=	507.257	-	1.188	-	( 89.012	-	max(0, 361.234	-	431.609	+	89.012	))
=	435.694

	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	))
=	508.876	-	0.049	-	( 88.848	-	max(0, 361.558	-	432.65	+	88.848	))
=	437.735

Hindustan Appliances'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 )
=	-13.296 * ( 1 - 28.15% )	/	( (0	+	437.735)	/ 1 )
=	-9.553176	/	437.735
=	-2.18 %

where

	Invested Capital		(Q: Dec. 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	))
=	0	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

	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	))
=	508.876	-	0.049	-	( 88.848	-	max(0, 361.558	-	432.65	+	88.848	))
=	437.735

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%.

Frequently Asked Questions Learn more about ROC % →

What does a ROC % of -2.18% mean?

Hindustan Appliances (BOM:531918) has a ROC % of -2.18% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Hindustan Appliances and its competitors.

Is Hindustan Appliances' ROC % too high?

Hindustan Appliances' current ROC % is -2.18%. Overall, Hindustan Appliances has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.

How does Hindustan Appliances' ROC % compare to HON and MMM?

Hindustan Appliances' ROC % of -2.18% can be compared against companies in the Conglomerates industry. The industry median ROC % is 2.79. 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 Conglomerates company?

The median ROC % among Conglomerates companies is 2.79, based on 551 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. 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 Hindustan Appliances and its competitors. For the Conglomerates industry, the median ROC % is 2.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hindustan Appliances's current ROC % is -2.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Hindustan Appliances stock overvalued right now?

Hindustan Appliances (BOM:531918) has a current ROC % of -2.18%. The current ROC % is -2.18%. Hindustan Appliances' overall GF Score™ is 45/100 with 1 warning sign 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 Hindustan Appliances (BOM:531918), the current ROC % is -2.18% 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.

Hindustan Appliances Business Description

Industry Industrials Conglomerates

Comparable Companies BOM:533090 BOM:538875 BOM:506530 NSE:AERON BOM:540730 BOM:512131 BOM:531127 BOM:544468 BOM:500159 BOM:533202 ADX:IHC HON TSE:6501 TSE:8058 MMM TSE:8001 TSE:8031 TSE:5803 TSE:8002 TSE:8053

Address Senapati Bapat Marg, 1301, 13th Floor, Tower B, Peninsula Business Park, Lower Parel (West), Mumbai, MH, IND, 400013

Website https://www.hindustan-appliances.in

Hindustan Appliances Ltd is an Indian-based company is engaged in Investment activities. It has single segment which is the construction business.

45GF Score

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