Bhagwati Oxygen (BOM:509449) ROCE %: 172.14% (As of Mar. 2026)

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BOM:509449 Bhagwati Oxygen Ltd BOM:509449
48 GF Score
Price ₹38.69
GF Value ₹29.20
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Bhagwati Oxygen ROCE %?

Bhagwati Oxygen BOM:509449 +3.17% 48 ROCE % is 172.14% as of Mar. 2026. GuruFocus rates BOM:509449 with a GF Score™ of 48/100 and a GF Value™ of ₹29.20 (Significantly Overvalued). 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. Bhagwati Oxygen's annualized ROCE % for the quarter that ended in Mar. 2026 was 172.14%.

Bhagwati Oxygen  (BOM:509449) 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.

Bhagwati Oxygen ROCE % Related Terms

Bhagwati Oxygen ROCE % Historical Data

* Premium members only.

The historical data trend for Bhagwati Oxygen'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.

Bhagwati Oxygen ROCE % Chart

Bhagwati Oxygen 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 -16.58 -18.71 11.55 -4.58 42.85

Bhagwati Oxygen 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 4.84 -0.56 6.34 -2.93 172.14
BOM:509449
48GF Score
Bhagwati Oxygen Ltd BOM:509449
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bhagwati Oxygen ROCE % Calculation

Bhagwati Oxygen'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 )
=34.023/( ( (111.334 - 30.248) + (103.916 - 26.19) )/ 2 )
=34.023/( (81.086+77.726)/ 2 )
=34.023/79.406
=42.85 %

Bhagwati Oxygen'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 )
=133.8/( ( (0 - 0) + (103.916 - 26.19) )/ 1 )
=133.8/( ( 0 + 77.726 )/ 1 )
=133.8/77.726
=172.14 %

(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 172.14% mean?
Bhagwati Oxygen (BOM:509449) has a ROCE % of 172.14% as of Mar. 2026.
Is Bhagwati Oxygen's ROCE % too high?
Bhagwati Oxygen's current ROCE % is 172.14%. The Chemicals industry median ROCE % is 6.58. Bhagwati Oxygen's value of 172.14% is 2516.1% above this industry median. Overall, Bhagwati Oxygen has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bhagwati Oxygen's ROCE % compare to LIN and SHW?
Bhagwati Oxygen's ROCE % of 172.14% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.58. Bhagwati Oxygen's value of 172.14% is 2516.1% 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 a Chemicals company?
The median ROCE % among Chemicals companies is 6.58, based on 1,589 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. Bhagwati Oxygen's current ROCE % of 172.14% is 2516.1% 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 Chemicals industry, the median ROCE % is 6.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bhagwati Oxygen's current ROCE % is 172.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhagwati Oxygen stock overvalued right now?
Based on GuruFocus' analysis, Bhagwati Oxygen (BOM:509449) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹29.20, compared to a current price of ₹38.69 — trading 32.5% above its estimated fair value. The current ROCE % is 172.14% and 2516.1% above the Chemicals industry median of 6.58. Bhagwati Oxygen's overall GF Score™ is 48/100 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 Bhagwati Oxygen (BOM:509449), the current ROCE % is 172.14% 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 Bhagwati Oxygen (BOM:509449) Overvalued in 2026?

Based on GuruFocus' analysis, Bhagwati Oxygen stock appears to be overvalued. The current stock price of ₹38.69 is trading 32.5% above its estimated GF Value™ of ₹29.20. GuruFocus considers Bhagwati Oxygen to be Significantly Overvalued.

Key valuation signals for BOM:509449:

  • ROCE %: 172.14%
  • GF Value™: ₹29.20 vs. price of ₹38.69 (32.5% above fair value)
  • GF Score™: 48/100 with 5 warning signs
  • Industry Position: 2516.1% above the Chemicals median

No single metric tells the full story. See the BOM:509449 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Bhagwati Oxygen Business Description

Address Plot No. 5, Sector 25, Ballabgarh, HR, IND, 121004
Bhagwati Oxygen Ltd is a manufacturing and engineering company with a core focus on industrial gas manufacturing, technology, systems, and equipment. It operates in two reporting segments: Gases and Power.
48GF Score

Get the complete analysis for BOM:509449

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

₹38.69
Price
₹29.20
GF Value