Belrise Industries (NSE:BELRISE) ROC %: 9.40% (As of Mar. 2026)

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NSE:BELRISE Belrise Industries Ltd NSE:BELRISE
18 GF Score
Price ₹232.34
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What is Belrise Industries ROC %?

Belrise Industries NSE:BELRISE -1.78% 18 ROC % is 9.40% as of Mar. 2026. GuruFocus rates NSE:BELRISE with a GF Score™ of 18/100. The stock has 7 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 %. Belrise Industries's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 9.40%.

As of today (2026-07-15), Belrise Industries's WACC % is 12.65%. Belrise Industries's ROC % is 9.62% (calculated using TTM income statement data). Belrise Industries earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Belrise Industries  (NSE:BELRISE) 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, Belrise Industries's WACC % is 12.65%. Belrise Industries's ROC % is 9.62% (calculated using TTM income statement data). Belrise Industries 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.


Belrise Industries ROC % Related Terms


Belrise Industries ROC % Historical Data

* Premium members only.

The historical data trend for Belrise Industries'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.

Belrise Industries ROC % Chart

Belrise Industries Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROC %
9.60 11.03 10.68 10.24 9.75

Belrise Industries Quarterly Data
Mar22 Mar23 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 10.83 10.47 9.77 8.76 9.40
NSE:BELRISE
18GF Score
Belrise Industries Ltd NSE:BELRISE
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Belrise Industries ROC % Calculation

Belrise Industries'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 )
=7928.18 * ( 1 - 25.37% )/( (58242.7 + 63094.06)/ 2 )
=5916.800734/60668.38
=9.75 %

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))
=72254.85 - 13238.85 - ( 773.3 - max(0, 27539.76 - 36834.29+773.3))
=58242.7

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))
=85497.86 - 13974.42 - ( 8429.38 - max(0, 24423.09 - 48174.57+8429.38))
=63094.06

Belrise Industries'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 )
=7944.6 * ( 1 - 25.37% )/( (0 + 63094.06)/ 1 )
=5929.05498/63094.06
=9.40 %

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))
=85497.86 - 13974.42 - ( 8429.38 - max(0, 24423.09 - 48174.57+8429.38))
=63094.06

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 9.40% mean?
Belrise Industries (NSE:BELRISE) has a ROC % of 9.40% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Belrise Industries and its competitors.
Is Belrise Industries' ROC % too high?
Belrise Industries' current ROC % is 9.40%. The Vehicles & Parts industry median ROC % is 5.05. Belrise Industries' value of 9.40% is 86.1% above this industry median. Overall, Belrise Industries has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Belrise Industries' ROC % compare to ORLY and AZO?
Belrise Industries' ROC % of 9.40% can be compared against companies in the Vehicles & Parts industry. The industry median ROC % is 5.05. Belrise Industries' value of 9.40% is 86.1% 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 Vehicles & Parts company?
The median ROC % among Vehicles & Parts companies is 5.05, based on 1,311 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. Belrise Industries's current ROC % of 9.40% is 86.1% 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 Belrise Industries and its competitors. For the Vehicles & Parts industry, the median ROC % is 5.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Belrise Industries's current ROC % is 9.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Belrise Industries stock overvalued right now?
Belrise Industries (NSE:BELRISE) has a current ROC % of 9.40%. The current ROC % is 9.40% and 86.1% above the Vehicles & Parts industry median of 5.05. Belrise Industries' overall GF Score™ is 18/100 with 7 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 Belrise Industries (NSE:BELRISE), the current ROC % is 9.40% 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.

Belrise Industries Business Description

Other Exchanges 544405:India
Address Fergusson College Road, Office No. 501 and 502, Fifth Floor, Cello Platina, Shivaji Nagar, Pune, MH, IND, 411005
Belrise Industries Ltd is an automotive component manufacturing company. It offers a diverse range of safety-critical systems for the mobility sector. The group serves diverse vehicle segments, including Two-Wheelers (2Ws), Three-Wheelers (3Ws), Passenger Vehicles (PVs), Commercial Vehicles (CVs), and Agri Vehicles (AVs). The product portfolio includes metal chassis systems, polymer components, suspension systems, body-in-white components, and exhaust systems, among others.
18GF Score

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