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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. Shri Jagdamba Polymers's annualized ROCE % for the quarter that ended in Mar. 2026 was 22.63%.
Shri Jagdamba Polymers (BOM:512453) 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.
* 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.
(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.
Shri Jagdamba Polymers (BOM:512453) has a ROCE % of 22.63% as of Mar. 2026.
Is Shri Jagdamba Polymers' ROCE % too high?
Shri Jagdamba Polymers' current ROCE % is 22.63%. The Manufacturing - Apparel & Accessories industry median ROCE % is 6.33. Shri Jagdamba Polymers' value of 22.63% is 257.5% above this industry median. Overall, Shri Jagdamba Polymers has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shri Jagdamba Polymers' ROCE % compare to competitors?
Shri Jagdamba Polymers' ROCE % of 22.63% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROCE % is 6.33. Shri Jagdamba Polymers' value of 22.63% is 257.5% 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 6.33, based on 1,039 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. Shri Jagdamba Polymers's current ROCE % of 22.63% is 257.5% 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 6.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shri Jagdamba Polymers's current ROCE % is 22.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Jagdamba Polymers stock overvalued right now?
Based on GuruFocus' analysis, Shri Jagdamba Polymers (BOM:512453) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹828.39, compared to a current price of ₹721.40 — trading 12.9% below its estimated fair value. The current ROCE % is 22.63% and 257.5% above the Manufacturing - Apparel & Accessories industry median of 6.33. Shri Jagdamba Polymers' overall GF Score™ is 67/100 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 Shri Jagdamba Polymers (BOM:512453), the current ROCE % is 22.63% 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 Shri Jagdamba Polymers (BOM:512453) Overvalued in 2026?
Based on GuruFocus' analysis, Shri Jagdamba Polymers stock appears to be undervalued.
The current stock price of ₹721.40 is trading 12.9% below its estimated GF Value™ of ₹828.39.
GuruFocus considers Shri Jagdamba Polymers to be Modestly Undervalued.
Key valuation signals for BOM:512453:
ROCE %: 22.63%
GF Value™: ₹828.39 vs. price of ₹721.40 (12.9% below fair value)
Industry Position: 257.5% above the Manufacturing - Apparel & Accessories median
No single metric tells the full story. See the BOM:512453 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shri Jagdamba Polymers Ltd is engaged in the business of technical textiles such as Geo-textiles, Construction Membranes, and other Industrial packing products made from PP woven and non-woven fabrics and bags. Its main business activity is manufacturing Technical Textiles. Geographically, the company caters to both Indian and international markets and derives a majority of its revenue from outside India.
67GF Score
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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