Patels Airtemp (India) (BOM:517417) ROCE %: 17.51% (As of Mar. 2026)


BOM:517417 Patels Airtemp (India) Ltd BOM:517417
73 GF Score
Price ₹372.10
GF Value ₹305.89
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Patels Airtemp (India) ROCE %?

Patels Airtemp (India) BOM:517417 73 ROCE % is 17.51% as of Mar. 2026. GuruFocus rates BOM:517417 with a GF Score™ of 73/100 and a GF Value™ of ₹305.89 (Modestly Overvalued). The stock has 9 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. Patels Airtemp (India)'s annualized ROCE % for the quarter that ended in Mar. 2026 was 17.51%.

Patels Airtemp (India)  (BOM:517417) 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.

Patels Airtemp (India) ROCE % Related Terms

Patels Airtemp (India) ROCE % Historical Data

* Premium members only.

The historical data trend for Patels Airtemp (India)'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.

Patels Airtemp (India) ROCE % Chart

Patels Airtemp (India) 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 18.10 16.18 19.00 19.95 13.92

Patels Airtemp (India) 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 18.72 14.39 8.37 14.87 17.51
BOM:517417
73GF Score
Patels Airtemp (India) Ltd BOM:517417
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Patels Airtemp (India) ROCE % Calculation

Patels Airtemp (India)'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 )
=238.49/( ( (3083.154 - 1337.875) + (2973.674 - 1291.547) )/ 2 )
=238.49/( (1745.279+1682.127)/ 2 )
=238.49/1713.703
=13.92 %

Patels Airtemp (India)'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 )
=294.548/( ( (0 - 0) + (2973.674 - 1291.547) )/ 1 )
=294.548/( ( 0 + 1682.127 )/ 1 )
=294.548/1682.127
=17.51 %

(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 17.51% mean?
Patels Airtemp (India) (BOM:517417) has a ROCE % of 17.51% as of Mar. 2026.
Is Patels Airtemp (India)'s ROCE % too high?
Patels Airtemp (India)'s current ROCE % is 17.51%. The Industrial Products industry median ROCE % is 7.05. Patels Airtemp (India)'s value of 17.51% is 148.4% above this industry median. Overall, Patels Airtemp (India) has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Patels Airtemp (India)'s ROCE % compare to GEV and ETN?
Patels Airtemp (India)'s ROCE % of 17.51% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.05. Patels Airtemp (India)'s value of 17.51% is 148.4% 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 7.05, based on 3,021 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. Patels Airtemp (India)'s current ROCE % of 17.51% is 148.4% 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 7.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patels Airtemp (India)'s current ROCE % is 17.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patels Airtemp (India) stock overvalued right now?
Based on GuruFocus' analysis, Patels Airtemp (India) (BOM:517417) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹305.89, compared to a current price of ₹372.10 — trading 21.6% above its estimated fair value. The current ROCE % is 17.51% and 148.4% above the Industrial Products industry median of 7.05. Patels Airtemp (India)'s overall GF Score™ is 73/100 with 9 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 Patels Airtemp (India) (BOM:517417), the current ROCE % is 17.51% 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 Patels Airtemp (India) (BOM:517417) Overvalued in 2026?

Based on GuruFocus' analysis, Patels Airtemp (India) stock appears to be overvalued. The current stock price of ₹372.10 is trading 21.6% above its estimated GF Value™ of ₹305.89. GuruFocus considers Patels Airtemp (India) to be Modestly Overvalued.

Key valuation signals for BOM:517417:

  • ROCE %: 17.51%
  • GF Value™: ₹305.89 vs. price of ₹372.10 (21.6% above fair value)
  • GF Score™: 73/100 with 9 warning signs
  • Industry Position: 148.4% above the Industrial Products median

No single metric tells the full story. See the BOM:517417 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Patels Airtemp (India) Business Description

Address Near Memnagar Fire Station, 5th Floor, Kalpana Complex, Navrangpura, Ahmedabad, GJ, IND, 380009
Patels Airtemp (India) Ltd is engaged in the manufacturing and selling of extensive range of Heat Exchangers such as Shell & Tube Type, Finned Tube Type and Air-Cooled Heat Exchangers, Pressure Vessels, Air-conditioning and Refrigeration equipments and Turnkey HVAC Projects in India & marketing of equipment's in and outside India. The products are supplied to Industrial sections like Power Projects, Refineries, Fertilizers, Cements, Petrochemicals, Pharmaceuticals, Textile and Chemical Industries make them a single window option for multiple products. The Company is operating in single segment business namely Engineering. Geographically, it has presenc within India, USA, Canada, Zambia, and Other countries. It generates the majority of its revenue from within Inida.
73GF Score

Get the complete analysis for BOM:517417

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

₹372.10
Price
₹305.89
GF Value