Shah Foods (BOM:519031) ROCE %: 10.35% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:519031 Shah Foods Ltd BOM:519031
25 GF Score
Price ₹383.95
! 6 Warning Signs
View Full Analysis

What is Shah Foods ROCE %?

Shah Foods BOM:519031 +1.97% 25 ROCE % is 10.35% as of Mar. 2026. GuruFocus rates BOM:519031 with a GF Score™ of 25/100. 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. Shah Foods's annualized ROCE % for the quarter that ended in Mar. 2026 was 10.35%.


Shah Foods  (BOM:519031) 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.


Shah Foods ROCE % Related Terms


Shah Foods ROCE % Historical Data

* Premium members only.

The historical data trend for Shah Foods'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.

Shah Foods ROCE % Chart

Shah Foods 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 -35.56 -38.92 -53.01 19.25 5.04

Shah Foods 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 94.68 -28.43 -4.57 -32.91 10.35
BOM:519031
25GF Score
Shah Foods Ltd BOM:519031
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shah Foods ROCE % Calculation

Shah Foods'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 )
=46.247/( ( (28.865 - 21.59) + (2708.18 - 880.248) )/ 2 )
=46.247/( (7.275+1827.932)/ 2 )
=46.247/917.6035
=5.04 %

Shah Foods'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 )
=189.188/( ( (0 - 0) + (2708.18 - 880.248) )/ 1 )
=189.188/( ( 0 + 1827.932 )/ 1 )
=189.188/1827.932
=10.35 %

(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 10.35% mean?
Shah Foods (BOM:519031) has a ROCE % of 10.35% as of Mar. 2026.
Is Shah Foods' ROCE % too high?
Shah Foods' current ROCE % is 10.35%. The Consumer Packaged Goods industry median ROCE % is 8.81. Shah Foods' value of 10.35% is 17.5% above this industry median. Overall, Shah Foods has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Shah Foods' ROCE % compare to KHC and GIS?
Shah Foods' ROCE % of 10.35% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROCE % is 8.81. Shah Foods' value of 10.35% is 17.5% 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 Consumer Packaged Goods company?
The median ROCE % among Consumer Packaged Goods companies is 8.81, based on 1,944 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. Shah Foods's current ROCE % of 10.35% is 17.5% 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 Consumer Packaged Goods industry, the median ROCE % is 8.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shah Foods's current ROCE % is 10.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shah Foods stock overvalued right now?
Shah Foods (BOM:519031) has a current ROCE % of 10.35%. The current ROCE % is 10.35% and 17.5% above the Consumer Packaged Goods industry median of 8.81. Shah Foods' overall GF Score™ is 25/100 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 Shah Foods (BOM:519031), the current ROCE % is 10.35% 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.

Shah Foods Business Description

Address 301, Sarthik Square, S.G Highway, Bodakdev, Near Shapath, Ahmedabad, GJ, IND, 380054
Shah Foods Ltd operates as a manufacturer of biscuits for Britannia Industries Limited in India. It is also involved in the trading of shares and securities.
25GF Score

Get the complete analysis for BOM:519031

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

₹383.95
Price