Bajaj Steel Industries (BOM:507944) ROCE %: 4.32% (As of Mar. 2026)


BOM:507944 Bajaj Steel Industries Ltd BOM:507944
66 GF Score
Price ₹412.90
GF Value ₹439.65
Valuation Fairly Valued
! 4 Warning Signs
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What is Bajaj Steel Industries ROCE %?

Bajaj Steel Industries BOM:507944 -0.01% 66 ROCE % is 4.32% as of Mar. 2026. GuruFocus rates BOM:507944 with a GF Score™ of 66/100 and a GF Value™ of ₹439.65 (Fairly Valued). 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. Bajaj Steel Industries's annualized ROCE % for the quarter that ended in Mar. 2026 was 4.32%.

Bajaj Steel Industries  (BOM:507944) 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.

Bajaj Steel Industries ROCE % Related Terms

Bajaj Steel Industries ROCE % Historical Data

* Premium members only.

The historical data trend for Bajaj Steel 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.

Bajaj Steel Industries ROCE % Chart

Bajaj Steel 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 23.71 36.62 25.41 29.68 12.59

Bajaj Steel Industries 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 23.41 10.65 26.25 8.29 4.32
BOM:507944
66GF Score
Bajaj Steel Industries Ltd BOM:507944
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bajaj Steel Industries ROCE % Calculation

Bajaj Steel 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 )
=550.736/( ( (6036.048 - 1825.311) + (6991.432 - 2454.414) )/ 2 )
=550.736/( (4210.737+4537.018)/ 2 )
=550.736/4373.8775
=12.59 %

Bajaj Steel Industries'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 )
=196.18/( ( (0 - 0) + (6991.432 - 2454.414) )/ 1 )
=196.18/( ( 0 + 4537.018 )/ 1 )
=196.18/4537.018
=4.32 %

(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 4.32% mean?
Bajaj Steel Industries (BOM:507944) has a ROCE % of 4.32% as of Mar. 2026.
Is Bajaj Steel Industries' ROCE % too high?
Bajaj Steel Industries' current ROCE % is 4.32%. The Industrial Products industry median ROCE % is 7.05. Bajaj Steel Industries' value of 4.32% is 38.7% below this industry median. Overall, Bajaj Steel Industries has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bajaj Steel Industries' ROCE % compare to GEV and ETN?
Bajaj Steel Industries' ROCE % of 4.32% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.05. Bajaj Steel Industries' value of 4.32% is 38.7% below 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 Industrial Products company?
The median ROCE % among Industrial Products companies is 7.05, based on 3,026 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. Bajaj Steel Industries's current ROCE % of 4.32% is 38.7% below 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 Industrial Products industry, the median ROCE % is 7.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bajaj Steel Industries's current ROCE % is 4.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bajaj Steel Industries stock overvalued right now?
Based on GuruFocus' analysis, Bajaj Steel Industries (BOM:507944) is currently considered Fairly Valued. The stock's GF Value™ is ₹439.65, compared to a current price of ₹412.90 — trading 6.1% below its estimated fair value. The current ROCE % is 4.32% and 38.7% below the Industrial Products industry median of 7.05. Bajaj Steel Industries' overall GF Score™ is 66/100 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 Bajaj Steel Industries (BOM:507944), the current ROCE % is 4.32% 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 Bajaj Steel Industries (BOM:507944) Overvalued in 2026?

Based on GuruFocus' analysis, Bajaj Steel Industries stock appears to be undervalued. The current stock price of ₹412.90 is trading 6.1% below its estimated GF Value™ of ₹439.65. GuruFocus considers Bajaj Steel Industries to be Fairly Valued.

Key valuation signals for BOM:507944:

  • ROCE %: 4.32%
  • GF Value™: ₹439.65 vs. price of ₹412.90 (6.1% below fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 38.7% below the Industrial Products median

No single metric tells the full story. See the BOM:507944 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Bajaj Steel Industries Business Description

Address Plot No. C-108, MIDC Industrial Area, Hingna, Nagpur, MH, IND, 440 028
Bajaj Steel Industries Ltd is engaged in various segments such as Cotton Processing Machinery Division, Infrastructure Division, Heavy Engineering Division, Electrical Panel Division, Heavy Engineering Division ,Other Products. The company generates maximum revenue from the Cotton Processing Machinery segment. It manufactures products such as Cotton Ginning and Pressing Machinery, Cotton Cleaning, Cotton Conveying, Cotton Humidification Systems, Cotton Baling Presses, Cotton Seed Processing, Pre-engineered Buildings, Electrical Control Panels, Fire Fighting Systems, Hydraulic Cylinder, Power packs, Specialty Conveyors and Master Batches and others.
66GF Score

Get the complete analysis for BOM:507944

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

₹412.90
Price
₹439.65
GF Value