High Energy Batteries (India) (BOM:504176) ROCE %: 37.17% (As of Mar. 2026)


BOM:504176 High Energy Batteries (India) Ltd BOM:504176
61 GF Score
Price ₹550.45
GF Value ₹612.28
Valuation Modestly Undervalued
! 5 Warning Signs
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What is High Energy Batteries (India) ROCE %?

High Energy Batteries (India) BOM:504176 +0.86% 61 ROCE % is 37.17% as of Mar. 2026. GuruFocus rates BOM:504176 with a GF Score™ of 61/100 and a GF Value™ of ₹612.28 (Modestly Undervalued). 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. High Energy Batteries (India)'s annualized ROCE % for the quarter that ended in Mar. 2026 was 37.17%.

High Energy Batteries (India)  (BOM:504176) 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.

High Energy Batteries (India) ROCE % Related Terms

High Energy Batteries (India) ROCE % Historical Data

* Premium members only.

The historical data trend for High Energy Batteries (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.

High Energy Batteries (India) ROCE % Chart

High Energy Batteries (India) 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 49.12 43.68 29.00 22.07 20.10

High Energy Batteries (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 54.17 5.41 12.05 28.67 37.17
BOM:504176
61GF Score
High Energy Batteries (India) Ltd BOM:504176
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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High Energy Batteries (India) ROCE % Calculation

High Energy Batteries (India)'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 )
=219.784/( ( (1252.871 - 219.226) + (1379.724 - 226.502) )/ 2 )
=219.784/( (1033.645+1153.222)/ 2 )
=219.784/1093.4335
=20.10 %

High Energy Batteries (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 )
=428.596/( ( (0 - 0) + (1379.724 - 226.502) )/ 1 )
=428.596/( ( 0 + 1153.222 )/ 1 )
=428.596/1153.222
=37.17 %

(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 37.17% mean?
High Energy Batteries (India) (BOM:504176) has a ROCE % of 37.17% as of Mar. 2026.
Is High Energy Batteries (India)'s ROCE % too high?
High Energy Batteries (India)'s current ROCE % is 37.17%. The Aerospace & Defense industry median ROCE % is 6.29. High Energy Batteries (India)'s value of 37.17% is 490.9% above this industry median. Overall, High Energy Batteries (India) has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does High Energy Batteries (India)'s ROCE % compare to SPCX and GE?
High Energy Batteries (India)'s ROCE % of 37.17% can be compared against companies in the Aerospace & Defense industry. The industry median ROCE % is 6.29. High Energy Batteries (India)'s value of 37.17% is 490.9% 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 Aerospace & Defense company?
The median ROCE % among Aerospace & Defense companies is 6.29, based on 350 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. High Energy Batteries (India)'s current ROCE % of 37.17% is 490.9% 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 Aerospace & Defense industry, the median ROCE % is 6.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. High Energy Batteries (India)'s current ROCE % is 37.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Energy Batteries (India) stock overvalued right now?
Based on GuruFocus' analysis, High Energy Batteries (India) (BOM:504176) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹612.28, compared to a current price of ₹550.45 — trading 10.1% below its estimated fair value. The current ROCE % is 37.17% and 490.9% above the Aerospace & Defense industry median of 6.29. High Energy Batteries (India)'s overall GF Score™ is 61/100 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 High Energy Batteries (India) (BOM:504176), the current ROCE % is 37.17% 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 High Energy Batteries (India) (BOM:504176) Overvalued in 2026?

Based on GuruFocus' analysis, High Energy Batteries (India) stock appears to be undervalued. The current stock price of ₹550.45 is trading 10.1% below its estimated GF Value™ of ₹612.28. GuruFocus considers High Energy Batteries (India) to be Modestly Undervalued.

Key valuation signals for BOM:504176:

  • ROCE %: 37.17%
  • GF Value™: ₹612.28 vs. price of ₹550.45 (10.1% below fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 490.9% above the Aerospace & Defense median

No single metric tells the full story. See the BOM:504176 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

High Energy Batteries (India) Business Description

Address No. 13, Old Mahabalipuram Road, Esvin House, P.B. No.5068, Seevaram Village, Perungudi, Chennai, TN, IND, 600 096
High Energy Batteries (India) Ltd is a battery manufacturer with its factory located at Mathur, near Trichy. The batteries are manufactured for use in Indian Army, Navy, Air Force and Launch Vehicles. It also has the facility to manufacture commercial batteries for auto and standby VRLA Applications. It has two business segments Aerospace, Naval and Power System Batteries and Lead Acid Batteries includes Batteries for commercial application are manufactured. It generates majority of revenue from Aerospace, Naval and Power System Batteries Silver-based and Nickel-based Batteries are manufactured in this segment; customers in majority being the Defence Ministry of Indian Government. It has presence in Domestic as well as Export market of which majority of revenue comes from Domestic.
61GF Score

Get the complete analysis for BOM:504176

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

₹550.45
Price
₹612.28
GF Value