Modern Steels (BOM:513303) ROCE %: -5.65% (As of Mar. 2026)


BOM:513303 Modern Steels Ltd BOM:513303
42 GF Score
Price ₹12.53
! 3 Warning Signs
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What is Modern Steels ROCE %?

Modern Steels BOM:513303 -0.95% 42 ROCE % is -5.65% as of Mar. 2026. GuruFocus rates BOM:513303 with a GF Score™ of 42/100. 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. Modern Steels's annualized ROCE % for the quarter that ended in Mar. 2026 was -5.65%.

Modern Steels  (BOM:513303) 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.

Modern Steels ROCE % Related Terms

Modern Steels ROCE % Historical Data

* Premium members only.

The historical data trend for Modern Steels'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.

Modern Steels ROCE % Chart

Modern Steels 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 0.00 238.36 -9.39 -6.72 -5.14

Modern Steels 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 -6.50 -5.38 -5.07 -4.41 -5.65
BOM:513303
42GF Score
Modern Steels Ltd BOM:513303
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Modern Steels ROCE % Calculation

Modern Steels'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 )
=-9.5/( ( (187.982 - 9.64) + (198.7 - 7.7) )/ 2 )
=-9.5/( (178.342+191)/ 2 )
=-9.5/184.671
=-5.14 %

Modern Steels'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 )
=-10.8/( ( (0 - 0) + (198.7 - 7.7) )/ 1 )
=-10.8/( ( 0 + 191 )/ 1 )
=-10.8/191
=-5.65 %

(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 -5.65% mean?
Modern Steels (BOM:513303) has a ROCE % of -5.65% as of Mar. 2026.
Is Modern Steels' ROCE % too high?
Modern Steels' current ROCE % is -5.65%. Overall, Modern Steels has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Modern Steels' ROCE % compare to XXI and CCXI?
Modern Steels' ROCE % of -5.65% can be compared against companies in the Diversified Financial Services industry. 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 Diversified Financial Services company?
A good ROCE % depends on the Diversified Financial Services industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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. Modern Steels's current ROCE % is -5.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Steels stock overvalued right now?
Modern Steels (BOM:513303) has a current ROCE % of -5.65%. The current ROCE % is -5.65%. Modern Steels' overall GF Score™ is 42/100 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 Modern Steels (BOM:513303), the current ROCE % is -5.65% 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.

Modern Steels Business Description

Address SCO 98-99, Sub City Centre, Sector 34, Chandigarh, IND, 160022
Modern Steels Ltd has sold its manufacturing business. The company is working on the future course of business.
42GF 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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