GRE Renew Enertech (BOM:544682) ROC %: 30.46% (As of Mar. 2026)

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BOM:544682 GRE Renew Enertech Ltd BOM:544682
21 GF Score
Price ₹170.20
! 4 Warning Signs
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What is GRE Renew Enertech ROC %?

GRE Renew Enertech BOM:544682 -4.19% 21 ROC % is 30.46% as of Mar. 2026. GuruFocus rates BOM:544682 with a GF Score™ of 21/100. The stock has 4 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 %. GRE Renew Enertech's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 30.46%.

As of today (2026-07-31), GRE Renew Enertech's WACC % is 13.04%. GRE Renew Enertech's ROC % is 26.16% (calculated using TTM income statement data). GRE Renew Enertech 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.


GRE Renew Enertech  (BOM:544682) 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, GRE Renew Enertech's WACC % is 13.04%. GRE Renew Enertech's ROC % is 26.16% (calculated using TTM income statement data). GRE Renew Enertech 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.


GRE Renew Enertech ROC % Related Terms


GRE Renew Enertech ROC % Historical Data

* Premium members only.

The historical data trend for GRE Renew Enertech'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.

GRE Renew Enertech ROC % Chart

GRE Renew Enertech Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROC %
2.29 19.25 17.75 23.30

GRE Renew Enertech Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
ROC % 0.00 0.00 18.31 23.61 30.46
BOM:544682
21GF Score
GRE Renew Enertech Ltd BOM:544682
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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GRE Renew Enertech ROC % Calculation

GRE Renew Enertech'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 )
=154.282 * ( 1 - 24.96% )/( (338.348 + 655.377)/ 2 )
=115.7732128/496.8625
=23.30 %

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))
=454.614 - 49.545 - ( 66.721 - max(0, 125.821 - 305.369+66.721))
=338.348

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))
=1060.858 - 97.623 - ( 307.858 - max(0, 238.505 - 761.771+307.858))
=655.377

GRE Renew Enertech'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: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=202.668 * ( 1 - 24.59% )/( (348.256 + 655.377)/ 2 )
=152.8319388/501.8165
=30.46 %

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))
=1060.858 - 97.623 - ( 307.858 - max(0, 238.505 - 761.771+307.858))
=655.377

Note: The Operating Income data used here is two times the semi-annual (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 30.46% mean?
GRE Renew Enertech (BOM:544682) has a ROC % of 30.46% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on GRE Renew Enertech and its competitors.
Is GRE Renew Enertech's ROC % too high?
GRE Renew Enertech's current ROC % is 30.46%. The Semiconductors industry median ROC % is 3.78. GRE Renew Enertech's value of 30.46% is 706.9% above this industry median. Overall, GRE Renew Enertech has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does GRE Renew Enertech's ROC % compare to FSLR and NXT?
GRE Renew Enertech's ROC % of 30.46% can be compared against companies in the Semiconductors industry. The industry median ROC % is 3.78. GRE Renew Enertech's value of 30.46% is 706.9% 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 Semiconductors company?
The median ROC % among Semiconductors companies is 3.78, based on 1,012 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. GRE Renew Enertech's current ROC % of 30.46% is 706.9% 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 GRE Renew Enertech and its competitors. For the Semiconductors industry, the median ROC % is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GRE Renew Enertech's current ROC % is 30.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GRE Renew Enertech stock overvalued right now?
GRE Renew Enertech (BOM:544682) has a current ROC % of 30.46%. The current ROC % is 30.46% and 706.9% above the Semiconductors industry median of 3.78. GRE Renew Enertech's overall GF Score™ is 21/100 with 4 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 GRE Renew Enertech (BOM:544682), the current ROC % is 30.46% 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.

GRE Renew Enertech Business Description

Address Science City Road, B-1104/1105, Empire Business Hub, Near Shukan Mall, Sola, Ahmedabad, GJ, IND, 380060
GRE Renew Enertech Ltd is engaged in the manufacturing of LED products, solar power generation systems, and power products. The Company provides on-site solar energy solutions, including rooftop and ground-mounted installations. It operates in two reportable segments: Capital Expenditure (CAPEX), which includes engineering, procurement, construction, and operation of solar projects, and Renewable Energy Service Company (RESCO), under which the Company finances, owns, and operates solar projects and supplies electricity to users at an agreed tariff over a defined period. The Company generates the majority of its revenue from solar services.
21GF Score

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

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