Steelco Gujarat (BOM:500399) ROCE %: -14.46% (As of Mar. 2026)

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BOM:500399 Steelco Gujarat Ltd BOM:500399
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What is Steelco Gujarat ROCE %?

Steelco Gujarat BOM:500399 +4.98% 10 ROCE % is -14.46% as of Mar. 2026. GuruFocus rates BOM:500399 with a GF Score™ of 10/100. The stock has 5 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. Steelco Gujarat's annualized ROCE % for the quarter that ended in Mar. 2026 was -14.46%.

Steelco Gujarat  (BOM:500399) 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.

Steelco Gujarat ROCE % Related Terms

Steelco Gujarat ROCE % Historical Data

* Premium members only.

The historical data trend for Steelco Gujarat'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.

Steelco Gujarat ROCE % Chart

Steelco Gujarat Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 387.89 -9.60 -12.18

Steelco Gujarat Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Mar22 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 -13.68 -8.25 -16.55 -14.61 -14.46
BOM:500399
10GF Score
Steelco Gujarat Ltd BOM:500399
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Steelco Gujarat ROCE % Calculation

Steelco Gujarat'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 )
=-220.23/( ( (1625.087 - 310.742) + (2454.898 - 154.017) )/ 2 )
=-220.23/( (1314.345+2300.881)/ 2 )
=-220.23/1807.613
=-12.18 %

Steelco Gujarat'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 )
=-332.732/( ( (0 - 0) + (2454.898 - 154.017) )/ 1 )
=-332.732/( ( 0 + 2300.881 )/ 1 )
=-332.732/2300.881
=-14.46 %

(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 -14.46% mean?
Steelco Gujarat (BOM:500399) has a ROCE % of -14.46% as of Mar. 2026.
Is Steelco Gujarat's ROCE % too high?
Steelco Gujarat's current ROCE % is -14.46%. Overall, Steelco Gujarat has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Steelco Gujarat's ROCE % compare to NUE and STLD?
Steelco Gujarat's ROCE % of -14.46% can be compared against companies in the Steel industry. The industry median ROCE % is 5.90. 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 Steel company?
The median ROCE % among Steel companies is 5.90, based on 619 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. 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 Steel industry, the median ROCE % is 5.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steelco Gujarat's current ROCE % is -14.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steelco Gujarat stock overvalued right now?
Steelco Gujarat (BOM:500399) has a current ROCE % of -14.46%. The current ROCE % is -14.46%. Steelco Gujarat's overall GF Score™ is 10/100 with 5 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 Steelco Gujarat (BOM:500399), the current ROCE % is -14.46% 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.

Steelco Gujarat Business Description

Address Race Course Circle, 4th Floor, Marble Arch, Vadodara, GJ, IND, 390 007
Steelco Gujarat Ltd is engaged in commercial production of cold rolled steel products with cold rolling of steel, continuous hot dip galvanizing and the Continuous Color Coating. It manufactures and supplies CR steel sheet/coils/strips, CR galvanized plain/corrugated sheet/coil/strips and pre-painted galvanized sheet/coils.
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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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