Mipco Seamless Rings (Gujarat) (BOM:505797) ROCE %: 115.08% (As of Mar. 2026)

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BOM:505797 Mipco Seamless Rings (Gujarat) Ltd BOM:505797
21 GF Score
Price ₹22.80
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What is Mipco Seamless Rings (Gujarat) ROCE %?

Mipco Seamless Rings (Gujarat) BOM:505797 21 ROCE % is 115.08% as of Mar. 2026. GuruFocus rates BOM:505797 with a GF Score™ of 21/100.

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. Mipco Seamless Rings (Gujarat)'s annualized ROCE % for the quarter that ended in Mar. 2026 was 115.08%.

Mipco Seamless Rings (Gujarat)  (BOM:505797) 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.

Mipco Seamless Rings (Gujarat) ROCE % Related Terms

Mipco Seamless Rings (Gujarat) ROCE % Historical Data

* Premium members only.

The historical data trend for Mipco Seamless Rings (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.

Mipco Seamless Rings (Gujarat) ROCE % Chart

Mipco Seamless Rings (Gujarat) 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 0.00 0.00 0.00 0.00 0.00

Mipco Seamless Rings (Gujarat) 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 0.00 0.00 151.97 98.57 115.08
BOM:505797
21GF Score
Mipco Seamless Rings (Gujarat) Ltd BOM:505797
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mipco Seamless Rings (Gujarat) ROCE % Calculation

Mipco Seamless Rings (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 )
=1.044/( ( (1.639 - 14.485) + (8.86 - 4.783) )/ 2 )
=1.044/( (-12.846+4.077)/ 2 )
=1.044/-4.3845
=-23.81 %

Mipco Seamless Rings (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 )
=4.692/( ( (0 - 0) + (8.86 - 4.783) )/ 1 )
=4.692/( ( 0 + 4.077 )/ 1 )
=4.692/4.077
=115.08 %

(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 115.08% mean?
Mipco Seamless Rings (Gujarat) (BOM:505797) has a ROCE % of 115.08% as of Mar. 2026.
Is Mipco Seamless Rings (Gujarat)'s ROCE % too high?
Mipco Seamless Rings (Gujarat)'s current ROCE % is 115.08%. Overall, Mipco Seamless Rings (Gujarat) has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Mipco Seamless Rings (Gujarat)'s ROCE % compare to XXI and CCXI?
Mipco Seamless Rings (Gujarat)'s ROCE % of 115.08% can be compared against companies in the Diversified Financial Services industry. 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 Diversified Financial Services company?
A good ROCE % depends on the Diversified Financial Services industry context. 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. Mipco Seamless Rings (Gujarat)'s current ROCE % is 115.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mipco Seamless Rings (Gujarat) stock overvalued right now?
Mipco Seamless Rings (Gujarat) (BOM:505797) has a current ROCE % of 115.08%. The current ROCE % is 115.08%. Mipco Seamless Rings (Gujarat)'s overall GF Score™ is 21/100. 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 Mipco Seamless Rings (Gujarat) (BOM:505797), the current ROCE % is 115.08% 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.

Mipco Seamless Rings (Gujarat) Business Description

Address 23-88/7-1, RK Nagar, Anandbagh, Malkajgiri, Rangareddy, Hyderabad, TG, IND, 500047
Mipco Seamless Rings (Gujarat) Ltd was previously engaged in the business of the media, communication, and entertainment sector. Currently, it has no operations and is evaluating opportunities available in the current market scenario to revive its activities.
21GF Score

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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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