Indbank Merchant Banking Services (BOM:511473) ROCE %: 5.81% (As of Mar. 2026)


BOM:511473 Indbank Merchant Banking Services Ltd BOM:511473
76 GF Score
Price ₹33.57
GF Value ₹32.01
Valuation Fairly Valued
! 5 Warning Signs
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What is Indbank Merchant Banking Services ROCE %?

Indbank Merchant Banking Services BOM:511473 +0.54% 76 ROCE % is 5.81% as of Mar. 2026. GuruFocus rates BOM:511473 with a GF Score™ of 76/100 and a GF Value™ of ₹32.01 (Fairly Valued). 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. Indbank Merchant Banking Services's annualized ROCE % for the quarter that ended in Mar. 2026 was 5.81%.

Indbank Merchant Banking Services  (BOM:511473) 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.

Indbank Merchant Banking Services ROCE % Related Terms

Indbank Merchant Banking Services ROCE % Historical Data

* Premium members only.

The historical data trend for Indbank Merchant Banking Services'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.

Indbank Merchant Banking Services ROCE % Chart

Indbank Merchant Banking Services 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 15.69 7.86 14.58 13.04 9.11

Indbank Merchant Banking Services 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 6.67 12.24 8.94 8.92 5.81
BOM:511473
76GF Score
Indbank Merchant Banking Services Ltd BOM:511473
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Indbank Merchant Banking Services ROCE % Calculation

Indbank Merchant Banking Services'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 )
=98.411/( ( (1180.901 - 247.151) + (1231.393 - 5.09) )/ 2 )
=98.411/( (933.75+1226.303)/ 2 )
=98.411/1080.0265
=9.11 %

Indbank Merchant Banking Services'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 )
=71.304/( ( (0 - 0) + (1231.393 - 5.09) )/ 1 )
=71.304/( ( 0 + 1226.303 )/ 1 )
=71.304/1226.303
=5.81 %

(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 5.81% mean?
Indbank Merchant Banking Services (BOM:511473) has a ROCE % of 5.81% as of Mar. 2026.
Is Indbank Merchant Banking Services' ROCE % too high?
Indbank Merchant Banking Services' current ROCE % is 5.81%. The Capital Markets industry median ROCE % is 5.64. Indbank Merchant Banking Services' value of 5.81% is 3% above this industry median. Overall, Indbank Merchant Banking Services has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indbank Merchant Banking Services' ROCE % compare to MS and GS?
Indbank Merchant Banking Services' ROCE % of 5.81% can be compared against companies in the Capital Markets industry. The industry median ROCE % is 5.64. Indbank Merchant Banking Services' value of 5.81% is 3% 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 Capital Markets company?
The median ROCE % among Capital Markets companies is 5.64, based on 693 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. Indbank Merchant Banking Services's current ROCE % of 5.81% is 3% 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 Capital Markets industry, the median ROCE % is 5.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indbank Merchant Banking Services's current ROCE % is 5.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indbank Merchant Banking Services stock overvalued right now?
Based on GuruFocus' analysis, Indbank Merchant Banking Services (BOM:511473) is currently considered Fairly Valued. The stock's GF Value™ is ₹32.01, compared to a current price of ₹33.57 — trading 4.9% above its estimated fair value. The current ROCE % is 5.81% and 3% above the Capital Markets industry median of 5.64. Indbank Merchant Banking Services' overall GF Score™ is 76/100 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 Indbank Merchant Banking Services (BOM:511473), the current ROCE % is 5.81% 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 Indbank Merchant Banking Services (BOM:511473) Overvalued in 2026?

Based on GuruFocus' analysis, Indbank Merchant Banking Services stock appears to be overvalued. The current stock price of ₹33.57 is trading 4.9% above its estimated GF Value™ of ₹32.01. GuruFocus considers Indbank Merchant Banking Services to be Fairly Valued.

Key valuation signals for BOM:511473:

  • ROCE %: 5.81%
  • GF Value™: ₹32.01 vs. price of ₹33.57 (4.9% above fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 3% above the Capital Markets median

No single metric tells the full story. See the BOM:511473 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Indbank Merchant Banking Services Business Description

Other Exchanges INDBANK:India
Address Number 480, Anna Salai, First Floor, Khivraj Complex 1, Nandanam, Chennai, TN, IND, 600 035
Indbank Merchant Banking Services Ltd is an India based company engaged in merchant banking activities. It is involved in providing fee-based services which include operations like merchant banking, stock broking, depository participant services, distribution of financial products and allied activities. The company carries its operations in India and generates the majority of the revenue from the stock broking membership operations.
76GF Score

Get the complete analysis for BOM:511473

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

₹33.57
Price
₹32.01
GF Value