Tribhovandas Bhimji Zaveri (BOM:534369) ROC %: 17.16% (As of Mar. 2026)


BOM:534369 Tribhovandas Bhimji Zaveri Ltd BOM:534369
82 GF Score
Price ₹188.50
GF Value ₹194.90
Valuation Fairly Valued
! 1 Warning Sign
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What is Tribhovandas Bhimji Zaveri ROC %?

Tribhovandas Bhimji Zaveri BOM:534369 -1.98% 82 ROC % is 17.16% as of Mar. 2026. GuruFocus rates BOM:534369 with a GF Score™ of 82/100 and a GF Value™ of ₹194.90 (Fairly Valued). 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 %. Tribhovandas Bhimji Zaveri's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 17.16%.

As of today (2026-07-07), Tribhovandas Bhimji Zaveri's WACC % is 13.00%. Tribhovandas Bhimji Zaveri's ROC % is 14.79% (calculated using TTM income statement data). Tribhovandas Bhimji Zaveri generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


Tribhovandas Bhimji Zaveri  (BOM:534369) 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, Tribhovandas Bhimji Zaveri's WACC % is 13.00%. Tribhovandas Bhimji Zaveri's ROC % is 14.79% (calculated using TTM income statement data). Tribhovandas Bhimji Zaveri generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


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.


Tribhovandas Bhimji Zaveri ROC % Related Terms


Tribhovandas Bhimji Zaveri ROC % Historical Data

* Premium members only.

The historical data trend for Tribhovandas Bhimji Zaveri'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.

Tribhovandas Bhimji Zaveri ROC % Chart

Tribhovandas Bhimji Zaveri 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 4.05 6.25 7.22 7.25 14.60

Tribhovandas Bhimji Zaveri 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 5.20 8.78 10.42 22.74 17.16
BOM:534369
82GF Score
Tribhovandas Bhimji Zaveri Ltd BOM:534369
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tribhovandas Bhimji Zaveri ROC % Calculation

Tribhovandas Bhimji Zaveri'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 )
=3315.204 * ( 1 - 25.15% )/( (15739.588 + 18252.719)/ 2 )
=2481.430194/16996.1535
=14.60 %

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))
=17693.472 - 1701.374 - ( 252.51 - max(0, 10213.414 - 15852.919+252.51))
=15739.588

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))
=21019.915 - 1704.094 - ( 1063.102 - max(0, 11498.367 - 19018.505+1063.102))
=18252.719

Tribhovandas Bhimji Zaveri'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 )
=4172.612 * ( 1 - 24.95% )/( (0 + 18252.719)/ 1 )
=3131.545306/18252.719
=17.16 %

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))
=21019.915 - 1704.094 - ( 1063.102 - max(0, 11498.367 - 19018.505+1063.102))
=18252.719

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 17.16% mean?
Tribhovandas Bhimji Zaveri (BOM:534369) has a ROC % of 17.16% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Tribhovandas Bhimji Zaveri and its competitors.
Is Tribhovandas Bhimji Zaveri's ROC % too high?
Tribhovandas Bhimji Zaveri's current ROC % is 17.16%. The Retail - Cyclical industry median ROC % is 4.37. Tribhovandas Bhimji Zaveri's value of 17.16% is 292.7% above this industry median. Overall, Tribhovandas Bhimji Zaveri has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tribhovandas Bhimji Zaveri's ROC % compare to TPR?
Tribhovandas Bhimji Zaveri's ROC % of 17.16% can be compared against companies in the Retail - Cyclical industry. The industry median ROC % is 4.37. Tribhovandas Bhimji Zaveri's value of 17.16% is 292.7% 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 Retail - Cyclical company?
The median ROC % among Retail - Cyclical companies is 4.37, based on 1,105 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. Tribhovandas Bhimji Zaveri's current ROC % of 17.16% is 292.7% 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 % 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 Tribhovandas Bhimji Zaveri and its competitors. For the Retail - Cyclical industry, the median ROC % is 4.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tribhovandas Bhimji Zaveri's current ROC % is 17.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tribhovandas Bhimji Zaveri stock overvalued right now?
Based on GuruFocus' analysis, Tribhovandas Bhimji Zaveri (BOM:534369) is currently considered Fairly Valued. The stock's GF Value™ is ₹194.90, compared to a current price of ₹188.50 — trading 3.3% below its estimated fair value. The current ROC % is 17.16% and 292.7% above the Retail - Cyclical industry median of 4.37. Tribhovandas Bhimji Zaveri's overall GF Score™ is 82/100 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 Tribhovandas Bhimji Zaveri (BOM:534369), the current ROC % is 17.16% 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 Tribhovandas Bhimji Zaveri (BOM:534369) Overvalued in 2026?

Based on GuruFocus' analysis, Tribhovandas Bhimji Zaveri stock appears to be undervalued. The current stock price of ₹188.50 is trading 3.3% below its estimated GF Value™ of ₹194.90. GuruFocus considers Tribhovandas Bhimji Zaveri to be Fairly Valued.

Key valuation signals for BOM:534369:

  • ROC %: 17.16%
  • GF Value™: ₹194.90 vs. price of ₹188.50 (3.3% below fair value)
  • GF Score™: 82/100 with 1 warning sign
  • Industry Position: 292.7% above the Retail - Cyclical median

No single metric tells the full story. See the BOM:534369 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tribhovandas Bhimji Zaveri Business Description

Other Exchanges TBZ:India
Address Free Press Journal Road, 1106 to 1121, 11th Floor, West Wing, Tulsiani Chambers, 212, Backbay Reclamation, Nariman Point, Mumbai, MH, IND, 400021
Tribhovandas Bhimji Zaveri Ltd is an Indian company engaged in manufacturing/trading, and selling jewellery. Its product category is Gold, Diamond, Jadau, and Platinum Jewellery. Its product portfolio comprises rings, earrings, necklaces, mangalsutra, pendants, bangles, bracelets, and coins, among others. The company provides jewellery for various occasions, including weddings, festivals, everyday wear, and contemporary and traditional wear. Its business activity falls within a single primary business segment of Jewellery and one reportable geographical segment, which is within India.
82GF Score

Get the complete analysis for BOM:534369

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

₹188.50
Price
₹194.90
GF Value