Kanani Industries (BOM:506184) ROCE %: -0.18% (As of Jun. 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:506184 Kanani Industries Ltd BOM:506184
66 GF Score
Price ₹1.52
GF Value ₹1.97
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Kanani Industries ROCE %?

Kanani Industries BOM:506184 +0.66% 66 ROCE % is -0.18% as of Jun. 2026. GuruFocus rates BOM:506184 with a GF Score™ of 66/100 and a GF Value™ of ₹1.97 (Modestly Undervalued). The stock has 7 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. Kanani Industries's annualized ROCE % for the quarter that ended in Jun. 2026 was -0.18%.


Kanani Industries  (BOM:506184) 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.


Kanani Industries ROCE % Related Terms


Kanani Industries ROCE % Historical Data

* Premium members only.

The historical data trend for Kanani Industries'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.

Kanani Industries ROCE % Chart

Kanani Industries 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 4.74 4.69 1.90 1.21 3.93

Kanani Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.80 8.83 2.51 2.59 -0.18
BOM:506184
66GF Score
Kanani Industries Ltd BOM:506184
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kanani Industries ROCE % Calculation

Kanani Industries'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 )
=26.467/( ( (929.561 - 280.589) + (1042.587 - 343.797) )/ 2 )
=26.467/( (648.972+698.79)/ 2 )
=26.467/673.881
=3.93 %

Kanani Industries's ROCE % of for the quarter that ended in Jun. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=-1.228/( ( (1042.587 - 343.797) + (0 - 0) )/ 1 )
=-1.228/( ( 698.79 + 0 )/ 1 )
=-1.228/698.79
=-0.18 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 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 -0.18% mean?
Kanani Industries (BOM:506184) has a ROCE % of -0.18% as of Jun. 2026.
Is Kanani Industries' ROCE % too high?
Kanani Industries' current ROCE % is -0.18%. Overall, Kanani Industries has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kanani Industries' ROCE % compare to TPR?
Kanani Industries' ROCE % of -0.18% can be compared against companies in the Retail - Cyclical industry. The industry median ROCE % is 7.73. 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 Retail - Cyclical company?
The median ROCE % among Retail - Cyclical companies is 7.73, based on 1,114 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 Retail - Cyclical industry, the median ROCE % is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kanani Industries's current ROCE % is -0.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanani Industries stock overvalued right now?
Based on GuruFocus' analysis, Kanani Industries (BOM:506184) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1.97, compared to a current price of ₹1.52 — trading 22.8% below its estimated fair value. The current ROCE % is -0.18%. Kanani Industries' overall GF Score™ is 66/100 with 7 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 Kanani Industries (BOM:506184), the current ROCE % is -0.18% as of Jun. 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 Kanani Industries (BOM:506184) Overvalued in 2026?

Based on GuruFocus' analysis, Kanani Industries stock appears to be undervalued. The current stock price of ₹1.52 is trading 22.8% below its estimated GF Value™ of ₹1.97. GuruFocus considers Kanani Industries to be Modestly Undervalued.

Key valuation signals for BOM:506184:

  • ROCE %: -0.18%
  • GF Value™: ₹1.97 vs. price of ₹1.52 (22.8% below fair value)
  • GF Score™: 66/100 with 7 warning signs

No single metric tells the full story. See the BOM:506184 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kanani Industries Business Description

Other Exchanges KANANIIND:India
Address GE-1080, Bharat Diamond Bourse, G-Block, Bandra Kurla Complex, Bandra (East), Mumbai, MH, IND, 400051
Kanani Industries Ltd is engaged in the manufacture and export of diamond-studded jewelry. The company operates a manufacturing plant in Surat, Gujarat, and supplies products to domestic and international markets. Kanani Industries focuses on creating high-quality, intricately crafted jewelry pieces and has a subsidiary, KIL International Ltd, to support its operations. The company aims to maintain an integrated value chain from manufacturing to retail, emphasizing craftsmanship and customer satisfaction. Revenue is generated through sales of diamond-studded jewelry products.
66GF Score

Get the complete analysis for BOM:506184

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

₹1.52
Price
₹1.97
GF Value