Bhagawati Gas (BOM:500051) ROCE %: 43.09% (As of Mar. 2026)

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BOM:500051 Bhagawati Gas Ltd BOM:500051
18 GF Score
Price ₹11.23
! 4 Warning Signs
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What is Bhagawati Gas ROCE %?

Bhagawati Gas BOM:500051 -1.92% 18 ROCE % is 43.09% as of Mar. 2026. GuruFocus rates BOM:500051 with a GF Score™ of 18/100. The stock has 4 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Bhagawati Gas's annualized ROCE % for the quarter that ended in Mar. 2026 was 43.09%.

Bhagawati Gas  (BOM:500051) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Bhagawati Gas ROCE % Related Terms

Bhagawati Gas ROCE % Historical Data

* Premium members only.

The historical data trend for Bhagawati Gas's ROCE % 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.

Bhagawati Gas ROCE % Chart

Bhagawati Gas Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.66 -4.13 1.00 8.08 6.87

Bhagawati Gas Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 -13.15 -5.97 -4.17 -5.24 43.09
BOM:500051
18GF Score
Bhagawati Gas Ltd BOM:500051
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bhagawati Gas ROCE % Calculation

Bhagawati Gas's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=10.53/( ( (212.546 - 64.18) + (187.359 - 29.39) )/ 2 )
=10.53/( (148.366+157.969)/ 2 )
=10.53/153.1675
=6.87 %

Bhagawati Gas's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=64.36/( ( (211.15 - 70.375) + (187.359 - 29.39) )/ 2 )
=64.36/( ( 140.775 + 157.969 )/ 2 )
=64.36/149.372
=43.09 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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 ROCE % →
What does a ROCE % of 43.09% mean?
Bhagawati Gas (BOM:500051) has a ROCE % of 43.09% as of Mar. 2026.
Is Bhagawati Gas' ROCE % too high?
Bhagawati Gas' current ROCE % is 43.09%. The Utilities - Regulated industry median ROCE % is 6.95. Bhagawati Gas' value of 43.09% is 520.4% above this industry median. Overall, Bhagawati Gas has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Bhagawati Gas' ROCE % compare to AWK and WTRG?
Bhagawati Gas' ROCE % of 43.09% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.95. Bhagawati Gas' value of 43.09% is 520.4% 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 ROCE % for an Utilities - Regulated company?
The median ROCE % among Utilities - Regulated companies is 6.95, based on 504 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bhagawati Gas's current ROCE % of 43.09% is 520.4% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Utilities - Regulated industry, the median ROCE % is 6.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bhagawati Gas's current ROCE % is 43.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhagawati Gas stock overvalued right now?
Bhagawati Gas (BOM:500051) has a current ROCE % of 43.09%. The current ROCE % is 43.09% and 520.4% above the Utilities - Regulated industry median of 6.95. Bhagawati Gas' overall GF Score™ is 18/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Bhagawati Gas (BOM:500051), the current ROCE % is 43.09% 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.

Bhagawati Gas Business Description

Address S-492/A, Greater Kailash-I, New Delhi, IND, 110048
Bhagawati Gas Ltd is engaged in the production, distribution, and marketing of industrial gases, green technologies, and sustainable solutions. The company has diversified businesses in industrial gases, wastewater treatment, renewable energy, contracting, and international trading fields. The manufacturing activities of the company include the operation of large-tonnage air separation plants for the production ofatmospheric industrial gases, along with the manufacturing of FRP pipes and composite products that cater to criticalsectors such as oil & gas, water supply, and infrastructure. The company derives maximum revenue from water treatment activities.
18GF Score

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

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