Kanishk Steel Industries (BOM:513456) ROCE %: 15.81% (As of Mar. 2026)

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BOM:513456 Kanishk Steel Industries Ltd BOM:513456
64 GF Score
Price ₹52.48
GF Value ₹36.51
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Kanishk Steel Industries ROCE %?

Kanishk Steel Industries BOM:513456 -0.19% 64 ROCE % is 15.81% as of Mar. 2026. GuruFocus rates BOM:513456 with a GF Score™ of 64/100 and a GF Value™ of ₹36.51 (Significantly Overvalued). The stock has 4 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. Kanishk Steel Industries's annualized ROCE % for the quarter that ended in Mar. 2026 was 15.81%.

Kanishk Steel Industries  (BOM:513456) 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.

Kanishk Steel Industries ROCE % Related Terms

Kanishk Steel Industries ROCE % Historical Data

* Premium members only.

The historical data trend for Kanishk Steel Industries'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.

Kanishk Steel Industries ROCE % Chart

Kanishk Steel Industries 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 45.13 14.62 6.63 15.19 10.66

Kanishk Steel Industries 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 5.69 9.71 8.82 7.72 15.81
BOM:513456
64GF Score
Kanishk Steel Industries Ltd BOM:513456
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kanishk Steel Industries ROCE % Calculation

Kanishk Steel Industries'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 )
=122.187/( ( (1822.242 - 709.071) + (1807.795 - 627.452) )/ 2 )
=122.187/( (1113.171+1180.343)/ 2 )
=122.187/1146.757
=10.66 %

Kanishk Steel Industries'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 )
=186.556/( ( (0 - 0) + (1807.795 - 627.452) )/ 1 )
=186.556/( ( 0 + 1180.343 )/ 1 )
=186.556/1180.343
=15.81 %

(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 15.81% mean?
Kanishk Steel Industries (BOM:513456) has a ROCE % of 15.81% as of Mar. 2026.
Is Kanishk Steel Industries' ROCE % too high?
Kanishk Steel Industries' current ROCE % is 15.81%. The Steel industry median ROCE % is 5.63. Kanishk Steel Industries' value of 15.81% is 181.1% above this industry median. Overall, Kanishk Steel Industries has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kanishk Steel Industries' ROCE % compare to NUE and STLD?
Kanishk Steel Industries' ROCE % of 15.81% can be compared against companies in the Steel industry. The industry median ROCE % is 5.63. Kanishk Steel Industries' value of 15.81% is 181.1% 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 Steel company?
The median ROCE % among Steel companies is 5.63, based on 620 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. Kanishk Steel Industries's current ROCE % of 15.81% is 181.1% 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 Steel industry, the median ROCE % is 5.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kanishk Steel Industries's current ROCE % is 15.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanishk Steel Industries stock overvalued right now?
Based on GuruFocus' analysis, Kanishk Steel Industries (BOM:513456) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹36.51, compared to a current price of ₹52.48 — trading 43.7% above its estimated fair value. The current ROCE % is 15.81% and 181.1% above the Steel industry median of 5.63. Kanishk Steel Industries' overall GF Score™ is 64/100 with 4 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 Kanishk Steel Industries (BOM:513456), the current ROCE % is 15.81% 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 Kanishk Steel Industries (BOM:513456) Overvalued in 2026?

Based on GuruFocus' analysis, Kanishk Steel Industries stock appears to be overvalued. The current stock price of ₹52.48 is trading 43.7% above its estimated GF Value™ of ₹36.51. GuruFocus considers Kanishk Steel Industries to be Significantly Overvalued.

Key valuation signals for BOM:513456:

  • ROCE %: 15.81%
  • GF Value™: ₹36.51 vs. price of ₹52.48 (43.7% above fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 181.1% above the Steel median

No single metric tells the full story. See the BOM:513456 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Kanishk Steel Industries Business Description

Address B27M, SIPCOT Industrial Complex, Thiruvallur District, Gummidipoondi, TN, IND, 601 201
Kanishk Steel Industries Ltd is engaged in the manufacture and supply of Iron and Steel Products. The company manufactures steel products (Finished goods), both Constructional steel and Structural steel. Its products include TMT Bars, Structurals, and Sponge Iron.
64GF Score

Get the complete analysis for BOM:513456

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

₹52.48
Price
₹36.51
GF Value