ELANTAS Beck India (BOM:500123) ROCE %: 15.54% (As of Mar. 2026)

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BOM:500123 ELANTAS Beck India Ltd BOM:500123
84 GF Score
Price ₹9,273.55
GF Value ₹11,100.45
Valuation Modestly Undervalued
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What is ELANTAS Beck India ROCE %?

ELANTAS Beck India BOM:500123 +0.75% 84 ROCE % is 15.54% as of Mar. 2026. GuruFocus rates BOM:500123 with a GF Score™ of 84/100 and a GF Value™ of ₹11,100.45 (Modestly Undervalued).

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. ELANTAS Beck India's annualized ROCE % for the quarter that ended in Mar. 2026 was 15.54%.

ELANTAS Beck India  (BOM:500123) 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.

ELANTAS Beck India ROCE % Related Terms

ELANTAS Beck India ROCE % Historical Data

* Premium members only.

The historical data trend for ELANTAS Beck India'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.

ELANTAS Beck India ROCE % Chart

ELANTAS Beck India Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.73 22.83 26.87 22.33 20.56

ELANTAS Beck India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 19.89 21.98 20.22 20.31 15.54
BOM:500123
84GF Score
ELANTAS Beck India Ltd BOM:500123
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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ELANTAS Beck India ROCE % Calculation

ELANTAS Beck India's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=1990.5/( ( (10153.414 - 1230.692) + (11663.699 - 1222.474) )/ 2 )
=1990.5/( (8922.722+10441.225)/ 2 )
=1990.5/9681.9735
=20.56 %

ELANTAS Beck India'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 )
=1623.052/( ( (11663.699 - 1222.474) + (0 - 0) )/ 1 )
=1623.052/( ( 10441.225 + 0 )/ 1 )
=1623.052/10441.225
=15.54 %

(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 15.54% mean?
ELANTAS Beck India (BOM:500123) has a ROCE % of 15.54% as of Mar. 2026.
Is ELANTAS Beck India's ROCE % too high?
ELANTAS Beck India's current ROCE % is 15.54%. The Chemicals industry median ROCE % is 6.52. ELANTAS Beck India's value of 15.54% is 138.3% above this industry median. Overall, ELANTAS Beck India has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ELANTAS Beck India's ROCE % compare to LIN and SHW?
ELANTAS Beck India's ROCE % of 15.54% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.52. ELANTAS Beck India's value of 15.54% is 138.3% 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 a Chemicals company?
The median ROCE % among Chemicals companies is 6.52, based on 1,589 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. ELANTAS Beck India's current ROCE % of 15.54% is 138.3% 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 Chemicals industry, the median ROCE % is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ELANTAS Beck India's current ROCE % is 15.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ELANTAS Beck India stock overvalued right now?
Based on GuruFocus' analysis, ELANTAS Beck India (BOM:500123) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹11,100.45, compared to a current price of ₹9,273.55 — trading 16.5% below its estimated fair value. The current ROCE % is 15.54% and 138.3% above the Chemicals industry median of 6.52. ELANTAS Beck India's overall GF Score™ is 84/100. 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 ELANTAS Beck India (BOM:500123), the current ROCE % is 15.54% 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 ELANTAS Beck India (BOM:500123) Overvalued in 2026?

Based on GuruFocus' analysis, ELANTAS Beck India stock appears to be undervalued. The current stock price of ₹9,273.55 is trading 16.5% below its estimated GF Value™ of ₹11,100.45. GuruFocus considers ELANTAS Beck India to be Modestly Undervalued.

Key valuation signals for BOM:500123:

  • ROCE %: 15.54%
  • GF Value™: ₹11,100.45 vs. price of ₹9,273.55 (16.5% below fair value)
  • GF Score™: 84/100
  • Industry Position: 138.3% above the Chemicals median

No single metric tells the full story. See the BOM:500123 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

ELANTAS Beck India Business Description

Other Exchanges ELANTAS:India
Address 147, Mumbai-Pune Road, Pimpri, Pune, MH, IND, 411018
ELANTAS Beck India Ltd manufactures a wide range of specialty chemicals for electrical insulation and construction industries, which includes Primary Insulation, Secondary Insulation and Electronic & Engineering Materials. It offers a broad portfolio of wire enamels, impregnating resins and varnishes, casting & potting materials, flexible electrical insulation materials, conformal coatings as well as adhesives & sealants fulfilling the requirements of technical and environmental standards. Its segments include Electrical Insulations, which comprises three product groups: wire enamels, insulating varnishes & resins, and casting & potting compounds.; Engineering & Electronic Resins solutions, and Materials comprises of complete solutions for printed circuit boards (PCBs).
84GF Score

Get the complete analysis for BOM:500123

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

₹9,273.55
Price
₹11,100.45
GF Value