Just Dial (NSE:JUSTDIAL) ROC %: 32.05% (As of Mar. 2026)


NSE:JUSTDIAL Just Dial Ltd NSE:JUSTDIAL
74 GF Score
Price ₹537.70
GF Value ₹1,015.89
Valuation Significantly Undervalued
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What is Just Dial ROC %?

Just Dial NSE:JUSTDIAL -2.40% 74 ROC % is 32.05% as of Mar. 2026. GuruFocus rates NSE:JUSTDIAL with a GF Score™ of 74/100 and a GF Value™ of ₹1,015.89 (Significantly Undervalued).

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Just Dial's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 32.05%.

As of today (2026-06-27), Just Dial's WACC % is 13.80%. Just Dial's ROC % is 33.84% (calculated using TTM income statement data). Just Dial 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.


Just Dial  (NSE:JUSTDIAL) 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, Just Dial's WACC % is 13.80%. Just Dial's ROC % is 33.84% (calculated using TTM income statement data). Just Dial 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.


Just Dial ROC % Related Terms


Just Dial ROC % Historical Data

* Premium members only.

The historical data trend for Just Dial'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.

Just Dial ROC % Chart

Just Dial 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 -1.79 6.51 20.53 37.30 34.17

Just Dial 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 37.50 34.50 32.44 35.86 32.05
NSE:JUSTDIAL
74GF Score
Just Dial Ltd NSE:JUSTDIAL
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Just Dial ROC % Calculation

Just Dial'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 )
=3125.1 * ( 1 - 19.35% )/( (6954.5 + 7795.7)/ 2 )
=2520.39315/7375.1
=34.17 %

where

Just Dial'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 )
=3115.6 * ( 1 - 19.8% )/( (0 + 7795.7)/ 1 )
=2498.7112/7795.7
=32.05 %

where

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 32.05% mean?
Just Dial (NSE:JUSTDIAL) has a ROC % of 32.05% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Just Dial and its competitors.
Is Just Dial's ROC % too high?
Just Dial's current ROC % is 32.05%. The Interactive Media industry median ROC % is 1.88. Just Dial's value of 32.05% is 1604.8% above this industry median. Overall, Just Dial has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Just Dial's ROC % compare to GOOGL and META?
Just Dial's ROC % of 32.05% can be compared against companies in the Interactive Media industry. The industry median ROC % is 1.88. Just Dial's value of 32.05% is 1604.8% 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 Interactive Media company?
The median ROC % among Interactive Media companies is 1.88, based on 560 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. Just Dial's current ROC % of 32.05% is 1604.8% 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 Just Dial and its competitors. For the Interactive Media industry, the median ROC % is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Just Dial's current ROC % is 32.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Just Dial stock overvalued right now?
Based on GuruFocus' analysis, Just Dial (NSE:JUSTDIAL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,015.89, compared to a current price of ₹537.70 — trading 47.1% below its estimated fair value. The current ROC % is 32.05% and 1604.8% above the Interactive Media industry median of 1.88. Just Dial's overall GF Score™ is 74/100. 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 Just Dial (NSE:JUSTDIAL), the current ROC % is 32.05% 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 Just Dial (NSE:JUSTDIAL) Overvalued in 2026?

Based on GuruFocus' analysis, Just Dial stock appears to be undervalued. The current stock price of ₹537.70 is trading 47.1% below its estimated GF Value™ of ₹1,015.89. GuruFocus considers Just Dial to be Significantly Undervalued.

Key valuation signals for NSE:JUSTDIAL:

  • ROC %: 32.05%
  • GF Value™: ₹1,015.89 vs. price of ₹537.70 (47.1% below fair value)
  • GF Score™: 74/100
  • Industry Position: 1604.8% above the Interactive Media median

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


Just Dial Business Description

Other Exchanges 535648:India
Address 5th Floor, New Link Road, 501/B, 5th Floor, Palm Court, Building M, Besides Goregaon Sports Complex, Malad (West), Mumbai, MH, IND, 400064
Just Dial Ltd provides local search related services to users in India through multiple platforms such as Desktop/ PC website, mobile site, mobile apps, over the telephone and text. The company's mobile app is an All-in-One App, replete with features such as map-aided search, Live TV, Videos, News, and a Real-Time Chat Messenger, Augmented Reality, an Online Movie finder, Cricket, Music, and Radio, to make the consumer's life infinitely smoother and more engaging. It has also launched an end-to-end business management solution for SMEs, enabling thousands of SMEs to run their businesses efficiently online and maintain an adequate online presence through their own websites and mobile sites.
74GF Score

Get the complete analysis for NSE:JUSTDIAL

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

₹537.70
Price
₹1,015.89
GF Value