Metalic Technoforge (NSE:METALIC) ROC %: 22.56% (As of Mar. 2026)

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NSE:METALIC Metalic Technoforge Ltd NSE:METALIC
15 GF Score
Price ₹131.10
! 2 Warning Signs
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What is Metalic Technoforge ROC %?

Metalic Technoforge NSE:METALIC +0.61% 15 ROC % is 22.56% as of Mar. 2026. GuruFocus rates NSE:METALIC with a GF Score™ of 15/100. The stock has 2 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 %. Metalic Technoforge's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 22.56%.

As of today (2026-08-31), Metalic Technoforge's WACC % is 11.78%. Metalic Technoforge's ROC % is 21.76% (calculated using TTM income statement data). Metalic Technoforge 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.


Metalic Technoforge  (NSE:METALIC) 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, Metalic Technoforge's WACC % is 11.78%. Metalic Technoforge's ROC % is 21.76% (calculated using TTM income statement data). Metalic Technoforge 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.


Metalic Technoforge ROC % Related Terms


Metalic Technoforge ROC % Historical Data

* Premium members only.

The historical data trend for Metalic Technoforge'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.

Metalic Technoforge ROC % Chart

Metalic Technoforge Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROC %
13.39 29.08 29.14 21.25

Metalic Technoforge Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
ROC % 0.00 0.00 0.00 21.35 22.56
NSE:METALIC
15GF Score
Metalic Technoforge Ltd NSE:METALIC
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Metalic Technoforge ROC % Calculation

Metalic Technoforge'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 )
=175.325 * ( 1 - 29.87% )/( (463.462 + 693.514)/ 2 )
=122.9554225/578.488
=21.25 %

where

Metalic Technoforge'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 )
=201.716 * ( 1 - 31.09% )/( (538.52 + 693.514)/ 2 )
=139.0024956/616.017
=22.56 %

where

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 22.56% mean?
Metalic Technoforge (NSE:METALIC) has a ROC % of 22.56% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Metalic Technoforge and its competitors.
Is Metalic Technoforge's ROC % too high?
Metalic Technoforge's current ROC % is 22.56%. The Industrial Products industry median ROC % is 5.28. Metalic Technoforge's value of 22.56% is 327.7% above this industry median. Overall, Metalic Technoforge has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Metalic Technoforge's ROC % compare to ATI and CRS?
Metalic Technoforge's ROC % of 22.56% can be compared against companies in the Industrial Products industry. The industry median ROC % is 5.28. Metalic Technoforge's value of 22.56% is 327.7% 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 an Industrial Products company?
The median ROC % among Industrial Products companies is 5.28, based on 3,034 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. Metalic Technoforge's current ROC % of 22.56% is 327.7% 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 Metalic Technoforge and its competitors. For the Industrial Products industry, the median ROC % is 5.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metalic Technoforge's current ROC % is 22.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metalic Technoforge stock overvalued right now?
Metalic Technoforge (NSE:METALIC) has a current ROC % of 22.56%. The current ROC % is 22.56% and 327.7% above the Industrial Products industry median of 5.28. Metalic Technoforge's overall GF Score™ is 15/100 with 2 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 Metalic Technoforge (NSE:METALIC), the current ROC % is 22.56% 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.

Metalic Technoforge Business Description

Address Padavala Main Road, Survey No.-129/1 P4 (New Survey no. 296), Plot No.- 05 & 06, Opposite Electric Power House, Village Padavala, Veraval (Shapar), Kotda Sanghani, Rajkot, GJ, IND, 360024
Metalic Technoforge Ltd is engaged in the business of manufacturing of closed die forged and precision-machined components. The company's product portfolio includes various forged and precision-machined products, including different sizes of rings, ball studs, gear blanks with broaching, gears, coupling assemblies, and other critical components. It serves domestic and international original equipment manufacturers (OEMs) across automotive and non-automotive industries. The company's operations include die manufacturing, forging, heat treatment, shot blasting, precision machining, testing and quality assurance processes. The majority of revenue is derived from the sale of its products, mainly Gears and Transmission Components and General Engineering Components, in India.
15GF Score

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