Garware Technical Fibres (BOM:509557) ROCE %: 22.46% (As of Mar. 2026)


BOM:509557 Garware Technical Fibres Ltd BOM:509557
93 GF Score
Price ₹730.25
GF Value ₹822.71
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Garware Technical Fibres ROCE %?

Garware Technical Fibres BOM:509557 +0.43% 93 ROCE % is 22.46% as of Mar. 2026. GuruFocus rates BOM:509557 with a GF Score™ of 93/100 and a GF Value™ of ₹822.71 (Modestly Undervalued). The stock has 3 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. Garware Technical Fibres's annualized ROCE % for the quarter that ended in Mar. 2026 was 22.46%.

Garware Technical Fibres  (BOM:509557) 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.

Garware Technical Fibres ROCE % Related Terms

Garware Technical Fibres ROCE % Historical Data

* Premium members only.

The historical data trend for Garware Technical Fibres'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.

Garware Technical Fibres ROCE % Chart

Garware Technical Fibres 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 23.89 22.24 24.14 25.33 20.59

Garware Technical Fibres 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 30.61 22.54 14.17 22.83 22.46
BOM:509557
93GF Score
Garware Technical Fibres Ltd BOM:509557
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Garware Technical Fibres ROCE % Calculation

Garware Technical Fibres'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 )
=2829.497/( ( (17566.165 - 4512.376) + (18787.464 - 4352.812) )/ 2 )
=2829.497/( (13053.789+14434.652)/ 2 )
=2829.497/13744.2205
=20.59 %

Garware Technical Fibres'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 )
=3242.464/( ( (0 - 0) + (18787.464 - 4352.812) )/ 1 )
=3242.464/( ( 0 + 14434.652 )/ 1 )
=3242.464/14434.652
=22.46 %

(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 22.46% mean?
Garware Technical Fibres (BOM:509557) has a ROCE % of 22.46% as of Mar. 2026.
Is Garware Technical Fibres' ROCE % too high?
Garware Technical Fibres' current ROCE % is 22.46%. The Manufacturing - Apparel & Accessories industry median ROCE % is 6.12. Garware Technical Fibres' value of 22.46% is 267% above this industry median. Overall, Garware Technical Fibres has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Garware Technical Fibres' ROCE % compare to competitors?
Garware Technical Fibres' ROCE % of 22.46% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROCE % is 6.12. Garware Technical Fibres' value of 22.46% is 267% 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 Manufacturing - Apparel & Accessories company?
The median ROCE % among Manufacturing - Apparel & Accessories companies is 6.12, based on 1,034 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. Garware Technical Fibres's current ROCE % of 22.46% is 267% 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 Manufacturing - Apparel & Accessories industry, the median ROCE % is 6.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Garware Technical Fibres's current ROCE % is 22.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garware Technical Fibres stock overvalued right now?
Based on GuruFocus' analysis, Garware Technical Fibres (BOM:509557) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹822.71, compared to a current price of ₹730.25 — trading 11.2% below its estimated fair value. The current ROCE % is 22.46% and 267% above the Manufacturing - Apparel & Accessories industry median of 6.12. Garware Technical Fibres' overall GF Score™ is 93/100 with 3 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 Garware Technical Fibres (BOM:509557), the current ROCE % is 22.46% 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 Garware Technical Fibres (BOM:509557) Overvalued in 2026?

Based on GuruFocus' analysis, Garware Technical Fibres stock appears to be undervalued. The current stock price of ₹730.25 is trading 11.2% below its estimated GF Value™ of ₹822.71. GuruFocus considers Garware Technical Fibres to be Modestly Undervalued.

Key valuation signals for BOM:509557:

  • ROCE %: 22.46%
  • GF Value™: ₹822.71 vs. price of ₹730.25 (11.2% below fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 267% above the Manufacturing - Apparel & Accessories median

No single metric tells the full story. See the BOM:509557 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Garware Technical Fibres Business Description

Other Exchanges GARFIBRES:India
Address Plot No. 11, Block D - 1, MIDC, Chinchwad, Pune, MH, IND, 411019
Garware Technical Fibres Ltd is involved in the textile business. It provides application-focused solutions for various sectors including deep-sea fishing, aquaculture, shipping, agriculture, sports, infrastructure, and transportation. The company and its subsidiaries manufacture and sell various products such as ropes, twine, yarn, fishnet, other nets, and technical textiles. Its operating segments are; Synthetic Cordage, and Fibre and Industrial Products and Projects. The maximum revenue is derived from its Synthetic Cordage segment. Geographically, the company caters to both domestic and international markets of which, maximum revenue is generated from international markets through its customers located outside India.
93GF Score

Get the complete analysis for BOM:509557

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

₹730.25
Price
₹822.71
GF Value