HBL Engineering (BOM:517271) ROCE %: 11.75% (As of Mar. 2026)


BOM:517271 HBL Engineering Ltd BOM:517271
84 GF Score
Price ₹811.70
GF Value ₹869.94
Valuation Fairly Valued
! 1 Warning Sign
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What is HBL Engineering ROCE %?

HBL Engineering BOM:517271 +2.30% 84 ROCE % is 11.75% as of Mar. 2026. GuruFocus rates BOM:517271 with a GF Score™ of 84/100 and a GF Value™ of ₹869.94 (Fairly Valued). The stock has 1 warning sign 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. HBL Engineering's annualized ROCE % for the quarter that ended in Mar. 2026 was 11.75%.

HBL Engineering  (BOM:517271) 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.

HBL Engineering ROCE % Related Terms

HBL Engineering ROCE % Historical Data

* Premium members only.

The historical data trend for HBL Engineering'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.

HBL Engineering ROCE % Chart

HBL Engineering 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 14.63 14.08 33.62 26.25 55.50

HBL Engineering 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 19.14 50.69 100.67 57.59 11.75
BOM:517271
84GF Score
HBL Engineering Ltd BOM:517271
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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HBL Engineering ROCE % Calculation

HBL Engineering'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 )
=10901/( ( (19794.952 - 4261.153) + (29416.7 - 5666.2) )/ 2 )
=10901/( (15533.799+23750.5)/ 2 )
=10901/19642.1495
=55.50 %

HBL Engineering'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 )
=2789.6/( ( (0 - 0) + (29416.7 - 5666.2) )/ 1 )
=2789.6/( ( 0 + 23750.5 )/ 1 )
=2789.6/23750.5
=11.75 %

(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 11.75% mean?
HBL Engineering (BOM:517271) has a ROCE % of 11.75% as of Mar. 2026.
Is HBL Engineering's ROCE % too high?
HBL Engineering's current ROCE % is 11.75%. The Industrial Products industry median ROCE % is 7.06. HBL Engineering's value of 11.75% is 66.4% above this industry median. Overall, HBL Engineering has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HBL Engineering's ROCE % compare to VRT and BE?
HBL Engineering's ROCE % of 11.75% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.06. HBL Engineering's value of 11.75% is 66.4% 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 an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.06, based on 3,026 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. HBL Engineering's current ROCE % of 11.75% is 66.4% 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 Industrial Products industry, the median ROCE % is 7.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HBL Engineering's current ROCE % is 11.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HBL Engineering stock overvalued right now?
Based on GuruFocus' analysis, HBL Engineering (BOM:517271) is currently considered Fairly Valued. The stock's GF Value™ is ₹869.94, compared to a current price of ₹811.70 — trading 6.7% below its estimated fair value. The current ROCE % is 11.75% and 66.4% above the Industrial Products industry median of 7.06. HBL Engineering's overall GF Score™ is 84/100 with 1 warning sign 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 HBL Engineering (BOM:517271), the current ROCE % is 11.75% 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 HBL Engineering (BOM:517271) Overvalued in 2026?

Based on GuruFocus' analysis, HBL Engineering stock appears to be undervalued. The current stock price of ₹811.70 is trading 6.7% below its estimated GF Value™ of ₹869.94. GuruFocus considers HBL Engineering to be Fairly Valued.

Key valuation signals for BOM:517271:

  • ROCE %: 11.75%
  • GF Value™: ₹869.94 vs. price of ₹811.70 (6.7% below fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 66.4% above the Industrial Products median

No single metric tells the full story. See the BOM:517271 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

HBL Engineering Business Description

Other Exchanges HBLENGINE:India
Address Road No. 10, Door No. 8-2-616, Plot No. 4, Banjara Hills, Behind Minerva Grand Hotel, Hyderabad, TG, IND, 500 034
HBL Engineering Ltd manufactures, assembles, purchases, imports, exports, acquires, develops, and deals in India or abroad in all types of cells, batteries, energy storage devices, conversion and generation devices, appliances, gadgets, solar panels, electronics, electro-mechanical and metallurgical appliances, electro-plating of metals and alloys by electrolytic processes, compounds, cement, oil paints, pigments, and Others. The Company's segments include Industrial batteries, Defense and Aviation batteries, and Electronics segment.
84GF Score

Get the complete analysis for BOM:517271

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

₹811.70
Price
₹869.94
GF Value