Shayona Engineering (BOM:544686) ROC %: 16.11% (As of Mar. 2026)

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BOM:544686 Shayona Engineering Ltd BOM:544686
16 GF Score
Price ₹140.00
! 5 Warning Signs
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What is Shayona Engineering ROC %?

Shayona Engineering BOM:544686 -0.71% 16 ROC % is 16.11% as of Mar. 2026. GuruFocus rates BOM:544686 with a GF Score™ of 16/100. The stock has 5 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 %. Shayona Engineering's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 16.11%.

As of today (2026-07-30), Shayona Engineering's WACC % is 12.19%. Shayona Engineering's ROC % is 8.06% (calculated using TTM income statement data). Shayona Engineering earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Shayona Engineering  (BOM:544686) 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, Shayona Engineering's WACC % is 12.19%. Shayona Engineering's ROC % is 8.06% (calculated using TTM income statement data). Shayona Engineering 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.


Shayona Engineering ROC % Related Terms


Shayona Engineering ROC % Historical Data

* Premium members only.

The historical data trend for Shayona Engineering'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.

Shayona Engineering ROC % Chart

Shayona Engineering Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROC %
13.21 26.59 17.05 14.24

Shayona Engineering Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
ROC % 0.00 0.00 26.81 16.11
BOM:544686
16GF Score
Shayona Engineering Ltd BOM:544686
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shayona Engineering ROC % Calculation

Shayona Engineering'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 )
=69.068 * ( 1 - 24.33% )/( (248.24 + 485.686)/ 2 )
=52.2637556/366.963
=14.24 %

where

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))
=534.162 - 35.102 - ( 13.374 - max(0, 171.965 - 310.939+13.374))
=485.686

Shayona Engineering'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: Mar. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=84.454 * ( 1 - 30% )/( (248.24 + 485.686)/ 2 )
=59.1178/366.963
=16.11 %

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))
=534.162 - 35.102 - ( 13.374 - max(0, 171.965 - 310.939+13.374))
=485.686

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 16.11% mean?
Shayona Engineering (BOM:544686) has a ROC % of 16.11% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Shayona Engineering and its competitors.
Is Shayona Engineering's ROC % too high?
Shayona Engineering's current ROC % is 16.11%. The Industrial Products industry median ROC % is 5.17. Shayona Engineering's value of 16.11% is 211.6% above this industry median. Overall, Shayona Engineering has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Shayona Engineering's ROC % compare to CRS and ATI?
Shayona Engineering's ROC % of 16.11% can be compared against companies in the Industrial Products industry. The industry median ROC % is 5.17. Shayona Engineering's value of 16.11% is 211.6% 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 an Industrial Products company?
The median ROC % among Industrial Products companies is 5.17, based on 3,033 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. Shayona Engineering's current ROC % of 16.11% is 211.6% 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 % 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 Shayona Engineering and its competitors. For the Industrial Products industry, the median ROC % is 5.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shayona Engineering's current ROC % is 16.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shayona Engineering stock overvalued right now?
Shayona Engineering (BOM:544686) has a current ROC % of 16.11%. The current ROC % is 16.11% and 211.6% above the Industrial Products industry median of 5.17. Shayona Engineering's overall GF Score™ is 16/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Shayona Engineering (BOM:544686), the current ROC % is 16.11% 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.

Shayona Engineering Business Description

Address Shed No. 113/1, GIDC, Makarpura, M.I. Estate, Vadodara, GJ, IND, 390010
Shayona Engineering Ltd provides engineering solutions, including machinery, automation systems, and pre-engineered building (PEB) structures, serving multiple industrial sectors. Its business scope includes precision ferrous and non-ferrous castings produced through multiple casting processes, as well as machined metal, rubber, and plastic components and assemblies. The company also designs, manufactures, installs, and commissions heavy process equipment and structures. Additionally, it offers industrial design services including requirements analysis, concept development, CAD modeling, prototyping, and ergonomics evaluation. The majority of the company's revenue is derived from the Engineering division.
16GF 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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