Raasi Refractories (BOM:502271) ROCE %: -63.98% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:502271 Raasi Refractories Ltd BOM:502271
43 GF Score
Price ₹17.01
GF Value ₹30.71
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Raasi Refractories ROCE %?

Raasi Refractories BOM:502271 43 ROCE % is -63.98% as of Mar. 2026. GuruFocus rates BOM:502271 with a GF Score™ of 43/100 and a GF Value™ of ₹30.71 (Possible Value Trap). 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. Raasi Refractories's annualized ROCE % for the quarter that ended in Mar. 2026 was -63.98%.


Raasi Refractories  (BOM:502271) 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.


Raasi Refractories ROCE % Related Terms


Raasi Refractories ROCE % Historical Data

* Premium members only.

The historical data trend for Raasi Refractories'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.

Raasi Refractories ROCE % Chart

Raasi Refractories 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 16.00 26.33 46.37 37.16 29.66

Raasi Refractories 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 177.90 48.86 204.49 -75.22 -63.98
BOM:502271
43GF Score
Raasi Refractories Ltd BOM:502271
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Raasi Refractories ROCE % Calculation

Raasi Refractories'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 )
=21.774/( ( (489.595 - 427.937) + (554.401 - 469.243) )/ 2 )
=21.774/( (61.658+85.158)/ 2 )
=21.774/73.408
=29.66 %

Raasi Refractories'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 )
=-54.48/( ( (0 - 0) + (554.401 - 469.243) )/ 1 )
=-54.48/( ( 0 + 85.158 )/ 1 )
=-54.48/85.158
=-63.98 %

(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 -63.98% mean?
Raasi Refractories (BOM:502271) has a ROCE % of -63.98% as of Mar. 2026.
Is Raasi Refractories' ROCE % too high?
Raasi Refractories' current ROCE % is -63.98%. Overall, Raasi Refractories has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Raasi Refractories' ROCE % compare to CRH and VMC?
Raasi Refractories' ROCE % of -63.98% can be compared against companies in the Building Materials industry. The industry median ROCE % is 5.92. 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 Building Materials company?
The median ROCE % among Building Materials companies is 5.92, based on 406 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 Building Materials industry, the median ROCE % is 5.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raasi Refractories's current ROCE % is -63.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raasi Refractories stock overvalued right now?
Based on GuruFocus' analysis, Raasi Refractories (BOM:502271) is currently considered Possible Value Trap. The stock's GF Value™ is ₹30.71, compared to a current price of ₹17.01 — trading 44.6% below its estimated fair value. The current ROCE % is -63.98%. Raasi Refractories' overall GF Score™ is 43/100 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 Raasi Refractories (BOM:502271), the current ROCE % is -63.98% 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 Raasi Refractories (BOM:502271) Overvalued in 2026?

Based on GuruFocus' analysis, Raasi Refractories stock appears to be undervalued. The current stock price of ₹17.01 is trading 44.6% below its estimated GF Value™ of ₹30.71. GuruFocus considers Raasi Refractories to be Possible Value Trap.

Key valuation signals for BOM:502271:

  • ROCE %: -63.98%
  • GF Value™: ₹30.71 vs. price of ₹17.01 (44.6% below fair value)
  • GF Score™: 43/100 with 4 warning signs

No single metric tells the full story. See the BOM:502271 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Raasi Refractories Business Description

Address House No. 15-145/9, Kodandaram Nagar, Saroor Nagar, Near Sarada Talkies, Hyderabad, TG, IND, 500060
Raasi Refractories Ltd is engaged in the manufacture of refractory products in India. The company offers Standard as well as Special refractories products which include basic refractories such as magnesite, alumina spinel bricks, fire clay and high alumina, cold and hot face insulation bricks, ramming, stopper heads, and much more.
43GF Score

Get the complete analysis for BOM:502271

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

₹17.01
Price
₹30.71
GF Value