Shivagrico Implements (BOM:522237) ROCE %: 15.96% (As of Mar. 2026)

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BOM:522237 Shivagrico Implements Ltd BOM:522237
65 GF Score
Price ₹26.99
GF Value ₹28.98
Valuation Fairly Valued
! 4 Warning Signs
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What is Shivagrico Implements ROCE %?

Shivagrico Implements BOM:522237 +9.14% 65 ROCE % is 15.96% as of Mar. 2026. GuruFocus rates BOM:522237 with a GF Score™ of 65/100 and a GF Value™ of ₹28.98 (Fairly Valued). 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. Shivagrico Implements's annualized ROCE % for the quarter that ended in Mar. 2026 was 15.96%.

Shivagrico Implements  (BOM:522237) 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.

Shivagrico Implements ROCE % Related Terms

Shivagrico Implements ROCE % Historical Data

* Premium members only.

The historical data trend for Shivagrico Implements'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.

Shivagrico Implements ROCE % Chart

Shivagrico Implements 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 19.03 10.12 11.12 14.68 15.40

Shivagrico Implements 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 18.66 12.25 17.20 17.42 15.96
BOM:522237
65GF Score
Shivagrico Implements Ltd BOM:522237
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shivagrico Implements ROCE % Calculation

Shivagrico Implements'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 )
=17.163/( ( (260.399 - 151.436) + (282.308 - 168.433) )/ 2 )
=17.163/( (108.963+113.875)/ 2 )
=17.163/111.419
=15.40 %

Shivagrico Implements'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 )
=18.172/( ( (0 - 0) + (282.308 - 168.433) )/ 1 )
=18.172/( ( 0 + 113.875 )/ 1 )
=18.172/113.875
=15.96 %

(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 15.96% mean?
Shivagrico Implements (BOM:522237) has a ROCE % of 15.96% as of Mar. 2026.
Is Shivagrico Implements' ROCE % too high?
Shivagrico Implements' current ROCE % is 15.96%. The Industrial Products industry median ROCE % is 7.00. Shivagrico Implements' value of 15.96% is 128% above this industry median. Overall, Shivagrico Implements has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shivagrico Implements' ROCE % compare to SNA and RBC?
Shivagrico Implements' ROCE % of 15.96% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.00. Shivagrico Implements' value of 15.96% is 128% 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 7.00, based on 3,029 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. Shivagrico Implements's current ROCE % of 15.96% is 128% 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 7.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shivagrico Implements's current ROCE % is 15.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shivagrico Implements stock overvalued right now?
Based on GuruFocus' analysis, Shivagrico Implements (BOM:522237) is currently considered Fairly Valued. The stock's GF Value™ is ₹28.98, compared to a current price of ₹26.99 — trading 6.9% below its estimated fair value. The current ROCE % is 15.96% and 128% above the Industrial Products industry median of 7.00. Shivagrico Implements' overall GF Score™ is 65/100 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 Shivagrico Implements (BOM:522237), the current ROCE % is 15.96% 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 Shivagrico Implements (BOM:522237) Overvalued in 2026?

Based on GuruFocus' analysis, Shivagrico Implements stock appears to be undervalued. The current stock price of ₹26.99 is trading 6.9% below its estimated GF Value™ of ₹28.98. GuruFocus considers Shivagrico Implements to be Fairly Valued.

Key valuation signals for BOM:522237:

  • ROCE %: 15.96%
  • GF Value™: ₹28.98 vs. price of ₹26.99 (6.9% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 128% above the Industrial Products median

No single metric tells the full story. See the BOM:522237 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shivagrico Implements Business Description

Address 281, Tardeo Road, A-1, Ground Floor, Adinath Apartments, Mumbai, MH, IND, 400 007
Shivagrico Implements Ltd mainly deals in the rolling and forging of agricultural implements and other products. Its product portfolio comprises hot-rolled flats, bars, rounds, angles, and more, for both market sales as well as for captive self-consumption. In addition, it offers various hand tools and implements such as pickaxes of different types, crowbars, digging bars, hoes, pick mattocks, etc. The company is engaged in a single operating segment, the Rolling and Forging division. Geographically, the company derives maximum revenue from its business in India, and also has some exposure to overseas markets.
65GF Score

Get the complete analysis for BOM:522237

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

₹26.99
Price
₹28.98
GF Value