KMG Milk Food (BOM:519415) ROCE %: -0.51% (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:519415 KMG Milk Food Ltd BOM:519415
51 GF Score
Price ₹48.36
GF Value ₹46.20
! 5 Warning Signs
View Full Analysis

What is KMG Milk Food ROCE %?

KMG Milk Food BOM:519415 51 ROCE % is -0.51% as of Mar. 2026. GuruFocus rates BOM:519415 with a GF Score™ of 51/100 and a GF Value™ of ₹46.20. The stock has 5 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. KMG Milk Food's annualized ROCE % for the quarter that ended in Mar. 2026 was -0.51%.


KMG Milk Food  (BOM:519415) 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.


KMG Milk Food ROCE % Related Terms


KMG Milk Food ROCE % Historical Data

* Premium members only.

The historical data trend for KMG Milk Food'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.

KMG Milk Food ROCE % Chart

KMG Milk Food 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 21.64 -1.34 1.62 0.27 5.58

KMG Milk Food 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 -7.02 22.27 0.38 -0.44 -0.51
BOM:519415
51GF Score
KMG Milk Food Ltd BOM:519415
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KMG Milk Food ROCE % Calculation

KMG Milk Food'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 )
=4.968/( ( (99.717 - 8.247) + (89.594 - 3.071) )/ 2 )
=4.968/( (91.47+86.523)/ 2 )
=4.968/88.9965
=5.58 %

KMG Milk Food'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 )
=-0.444/( ( (0 - 0) + (89.594 - 3.071) )/ 1 )
=-0.444/( ( 0 + 86.523 )/ 1 )
=-0.444/86.523
=-0.51 %

(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 -0.51% mean?
KMG Milk Food (BOM:519415) has a ROCE % of -0.51% as of Mar. 2026.
Is KMG Milk Food's ROCE % too high?
KMG Milk Food's current ROCE % is -0.51%. Overall, KMG Milk Food has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does KMG Milk Food's ROCE % compare to KHC and GIS?
KMG Milk Food's ROCE % of -0.51% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROCE % is 8.93. 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 8.93, 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. 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 8.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KMG Milk Food's current ROCE % is -0.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KMG Milk Food stock overvalued right now?
KMG Milk Food (BOM:519415) has a current ROCE % of -0.51%. The stock's GF Value™ is ₹46.20, compared to a current price of ₹48.36 — trading 4.7% above its estimated fair value. The current ROCE % is -0.51%. KMG Milk Food's overall GF Score™ is 51/100 with 5 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 KMG Milk Food (BOM:519415), the current ROCE % is -0.51% 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 KMG Milk Food (BOM:519415) Overvalued in 2026?

Based on GuruFocus' analysis, KMG Milk Food stock appears to be overvalued. The current stock price of ₹48.36 is trading 4.7% above its estimated GF Value™ of ₹46.20.

Key valuation signals for BOM:519415:

  • ROCE %: -0.51%
  • GF Value™: ₹46.20 vs. price of ₹48.36 (4.7% above fair value)
  • GF Score™: 51/100 with 5 warning signs

No single metric tells the full story. See the BOM:519415 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KMG Milk Food Business Description

Address G.T. Road, 9th Kilometer Stone, Pipli To Ambala, National Highway - 1, Village Masana, Kurukshetra, HR, IND, 136118
KMG Milk Food Ltd is engaged in the business of manufacturing, purchasing, and sales of a wide range of dairy products. Its product portfolio comprises ghee, skimmed milk powder, whole milk powder, butter, dairy whitener, lactose, and milk.
51GF Score

Get the complete analysis for BOM:519415

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

₹48.36
Price
₹46.20
GF Value