Onix Solar Energy (BOM:513119) ROCE %: 13.12% (As of Mar. 2026)


BOM:513119 Onix Solar Energy Ltd BOM:513119
57 GF Score
Price ₹656.40
GF Value ₹811.33
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Onix Solar Energy ROCE %?

Onix Solar Energy BOM:513119 -2.03% 57 ROCE % is 13.12% as of Mar. 2026. GuruFocus rates BOM:513119 with a GF Score™ of 57/100 and a GF Value™ of ₹811.33 (Modestly Undervalued). The stock has 6 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. Onix Solar Energy's annualized ROCE % for the quarter that ended in Mar. 2026 was 13.12%.

Onix Solar Energy  (BOM:513119) 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.

Onix Solar Energy ROCE % Related Terms

Onix Solar Energy ROCE % Historical Data

* Premium members only.

The historical data trend for Onix Solar Energy'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.

Onix Solar Energy ROCE % Chart

Onix Solar Energy 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 24.83 87.70 6.92 32.49 10.21

Onix Solar Energy 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 52.12 99.77 -31.59 925.85 13.12
BOM:513119
57GF Score
Onix Solar Energy Ltd BOM:513119
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Onix Solar Energy ROCE % Calculation

Onix Solar Energy'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 )
=403.06/( ( (393.793 - 339.643) + (8054.431 - 212.013) )/ 2 )
=403.06/( (54.15+7842.418)/ 2 )
=403.06/3948.284
=10.21 %

Onix Solar Energy'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 )
=1028.6/( ( (0 - 0) + (8054.431 - 212.013) )/ 1 )
=1028.6/( ( 0 + 7842.418 )/ 1 )
=1028.6/7842.418
=13.12 %

(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 13.12% mean?
Onix Solar Energy (BOM:513119) has a ROCE % of 13.12% as of Mar. 2026.
Is Onix Solar Energy's ROCE % too high?
Onix Solar Energy's current ROCE % is 13.12%. The Semiconductors industry median ROCE % is 4.84. Onix Solar Energy's value of 13.12% is 171.1% above this industry median. Overall, Onix Solar Energy has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Onix Solar Energy's ROCE % compare to FSLR and NXT?
Onix Solar Energy's ROCE % of 13.12% can be compared against companies in the Semiconductors industry. The industry median ROCE % is 4.84. Onix Solar Energy's value of 13.12% is 171.1% 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 Semiconductors company?
The median ROCE % among Semiconductors companies is 4.84, based on 1,015 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. Onix Solar Energy's current ROCE % of 13.12% is 171.1% 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 Semiconductors industry, the median ROCE % is 4.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Onix Solar Energy's current ROCE % is 13.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Onix Solar Energy stock overvalued right now?
Based on GuruFocus' analysis, Onix Solar Energy (BOM:513119) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹811.33, compared to a current price of ₹656.40 — trading 19.1% below its estimated fair value. The current ROCE % is 13.12% and 171.1% above the Semiconductors industry median of 4.84. Onix Solar Energy's overall GF Score™ is 57/100 with 6 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 Onix Solar Energy (BOM:513119), the current ROCE % is 13.12% 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 Onix Solar Energy (BOM:513119) Overvalued in 2026?

Based on GuruFocus' analysis, Onix Solar Energy stock appears to be undervalued. The current stock price of ₹656.40 is trading 19.1% below its estimated GF Value™ of ₹811.33. GuruFocus considers Onix Solar Energy to be Modestly Undervalued.

Key valuation signals for BOM:513119:

  • ROCE %: 13.12%
  • GF Value™: ₹811.33 vs. price of ₹656.40 (19.1% below fair value)
  • GF Score™: 57/100 with 6 warning signs
  • Industry Position: 171.1% above the Semiconductors median

No single metric tells the full story. See the BOM:513119 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Onix Solar Energy Business Description

Address Andheri Kurla Road, Office No. A-204, 2nd Floor, Rustomjee Central Park, Builtup 1140 Squere Feet, Chakalaandheri East, Andheri East, Mumbai, MH, IND, 400069
Onix Solar Energy Ltd is engaged in the manufacturing of solar panels, delivering high-quality and efficient products to support the renewable energy sector. The company also undertakes the trading of solar modules, ensuring a complete supply chain solution for solar energy products. The company mainly operates in a single segment, i.e., trading in solar panels and other solar-related goods.
57GF Score

Get the complete analysis for BOM:513119

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

₹656.40
Price
₹811.33
GF Value