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ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. TSC India's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 2.55%.
As of today (2026-07-15), TSC India's WACC % is 9.85%. TSC India's ROC % is 7.96% (calculated using TTM income statement data).
TSC India earns returns that do not match up to its cost of capital. It will destroy value as it grows.
TSC India (NSE:TSC) 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, TSC India's WACC % is 9.85%. TSC India's ROC % is 7.96% (calculated using TTM income statement data).
TSC India 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.
TSC India ROC % Related Terms
TSC India ROC % Historical Data
* Premium members only.
The historical data trend for TSC India'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.
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.
TSC India (NSE:TSC) has a ROC % of 2.55% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on TSC India and its competitors.
Is TSC India's ROC % too high?
TSC India's current ROC % is 2.55%. The Travel & Leisure industry median ROC % is 3.76. TSC India's value of 2.55% is 32.2% below this industry median. Overall, TSC India has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does TSC India's ROC % compare to BKNG and ABNB?
TSC India's ROC % of 2.55% can be compared against companies in the Travel & Leisure industry. The industry median ROC % is 3.76. TSC India's value of 2.55% is 32.2% below 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 Travel & Leisure company?
The median ROC % among Travel & Leisure companies is 3.76, based on 831 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. TSC India's current ROC % of 2.55% is 32.2% below 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 TSC India and its competitors. For the Travel & Leisure industry, the median ROC % is 3.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSC India's current ROC % is 2.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSC India stock overvalued right now?
TSC India (NSE:TSC) has a current ROC % of 2.55%. The current ROC % is 2.55% and 32.2% below the Travel & Leisure industry median of 3.76. TSC India's overall GF Score™ is 16/100 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 TSC India (NSE:TSC), the current ROC % is 2.55% 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.
TSC India Ltd is a travel management company which specializes in providing comprehensive air ticketing services tailored to the requirements of its clients. The Company is focused on serving the B2B and corporate sectors. TSC works in close collaboration with airlines and travel agents to deliver cost-effective and streamlined travel solutions to end user customers. Its operations encompass partnerships with a range of travel service providers, enabling it to manage various aspects of travel planning, including booking air tickets. The company operates in multiple cities across India, including Jalandhar, Chandigarh, Lucknow, Ahmedabad, Jaipur, New Delhi, and Pune, reflecting its growing geographical presence.
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