Tata Elxsi (BOM:500408) ROCE %: 33.93% (As of Mar. 2026)


BOM:500408 Tata Elxsi Ltd BOM:500408
86 GF Score
Price ₹3,672.20
GF Value ₹7,421.64
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Tata Elxsi ROCE %?

Tata Elxsi BOM:500408 +2.34% 86 ROCE % is 33.93% as of Mar. 2026. GuruFocus rates BOM:500408 with a GF Score™ of 86/100 and a GF Value™ of ₹7,421.64 (Significantly Undervalued). The stock has 3 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. Tata Elxsi's annualized ROCE % for the quarter that ended in Mar. 2026 was 33.93%.

Tata Elxsi  (BOM:500408) 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.

Tata Elxsi ROCE % Related Terms

Tata Elxsi ROCE % Historical Data

* Premium members only.

The historical data trend for Tata Elxsi'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.

Tata Elxsi ROCE % Chart

Tata Elxsi Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.01 47.17 42.54 36.13 26.87

Tata Elxsi 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 29.59 26.30 30.42 20.83 33.93
BOM:500408
86GF Score
Tata Elxsi Ltd BOM:500408
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tata Elxsi ROCE % Calculation

Tata Elxsi'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 )
=8413.38/( ( (35857.176 - 5296.83) + (39625.4 - 7569.919) )/ 2 )
=8413.38/( (30560.346+32055.481)/ 2 )
=8413.38/31307.9135
=26.87 %

Tata Elxsi'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 )
=10875.328/( ( (0 - 0) + (39625.4 - 7569.919) )/ 1 )
=10875.328/( ( 0 + 32055.481 )/ 1 )
=10875.328/32055.481
=33.93 %

(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 33.93% mean?
Tata Elxsi (BOM:500408) has a ROCE % of 33.93% as of Mar. 2026.
Is Tata Elxsi's ROCE % too high?
Tata Elxsi's current ROCE % is 33.93%. The Software industry median ROCE % is 5.19. Tata Elxsi's value of 33.93% is 553.8% above this industry median. Overall, Tata Elxsi has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tata Elxsi's ROCE % compare to UBER and SHOP?
Tata Elxsi's ROCE % of 33.93% can be compared against companies in the Software industry. The industry median ROCE % is 5.19. Tata Elxsi's value of 33.93% is 553.8% 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 Software company?
The median ROCE % among Software companies is 5.19, based on 2,711 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. Tata Elxsi's current ROCE % of 33.93% is 553.8% 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 Software industry, the median ROCE % is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tata Elxsi's current ROCE % is 33.93%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tata Elxsi stock overvalued right now?
Based on GuruFocus' analysis, Tata Elxsi (BOM:500408) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹7,421.64, compared to a current price of ₹3,672.20 — trading 50.5% below its estimated fair value. The current ROCE % is 33.93% and 553.8% above the Software industry median of 5.19. Tata Elxsi's overall GF Score™ is 86/100 with 3 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 Tata Elxsi (BOM:500408), the current ROCE % is 33.93% 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 Tata Elxsi (BOM:500408) Overvalued in 2026?

Based on GuruFocus' analysis, Tata Elxsi stock appears to be undervalued. The current stock price of ₹3,672.20 is trading 50.5% below its estimated GF Value™ of ₹7,421.64. GuruFocus considers Tata Elxsi to be Significantly Undervalued.

Key valuation signals for BOM:500408:

  • ROCE %: 33.93%
  • GF Value™: ₹7,421.64 vs. price of ₹3,672.20 (50.5% below fair value)
  • GF Score™: 86/100 with 3 warning signs
  • Industry Position: 553.8% above the Software median

No single metric tells the full story. See the BOM:500408 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tata Elxsi Business Description

Other Exchanges TATAELXSI:India
Address ITPB Road, Whitefield, Bengaluru, KA, IND, 560048
Tata Elxsi Ltd provides product design and engineering services to the consumer electronics, communications & transportation industries and systems integration and support services for enterprise customers. The company also provides digital content creation for media and entertainment industry. It operates across two segments to deliver design, engineering and technology solutions across industries: Software Development & Services (SDS) and Systems Integration & Support (SIS). The SDS segment generates maximum revenue for the company and provides end-to-end product engineering and digital services, supporting clients from concept and design to development, validation and deployment. Geographically, the company derives maximum revenue from Europe followed by India, USA, and Other regions.
86GF Score

Get the complete analysis for BOM:500408

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

₹3,672.20
Price
₹7,421.64
GF Value