Jayaswal NECO Industries (BOM:522285) ROCE %: 28.68% (As of Mar. 2026)


BOM:522285 Jayaswal NECO Industries Ltd BOM:522285
56 GF Score
Price ₹85.70
GF Value ₹56.38
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Jayaswal NECO Industries ROCE %?

Jayaswal NECO Industries BOM:522285 -0.06% 56 ROCE % is 28.68% as of Mar. 2026. GuruFocus rates BOM:522285 with a GF Score™ of 56/100 and a GF Value™ of ₹56.38 (Significantly Overvalued). 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. Jayaswal NECO Industries's annualized ROCE % for the quarter that ended in Mar. 2026 was 28.68%.

Jayaswal NECO Industries  (BOM:522285) 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.

Jayaswal NECO Industries ROCE % Related Terms

Jayaswal NECO Industries ROCE % Historical Data

* Premium members only.

The historical data trend for Jayaswal NECO Industries'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.

Jayaswal NECO Industries ROCE % Chart

Jayaswal NECO Industries 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 94.44 13.06 20.33 13.10 22.70

Jayaswal NECO Industries 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 22.47 20.35 38.88 34.22 28.68
BOM:522285
56GF Score
Jayaswal NECO Industries Ltd BOM:522285
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Jayaswal NECO Industries ROCE % Calculation

Jayaswal NECO Industries'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 )
=10296.7/( ( (57414.578 - 9303.118) + (59701.4 - 17108.9) )/ 2 )
=10296.7/( (48111.46+42592.5)/ 2 )
=10296.7/45351.98
=22.70 %

Jayaswal NECO Industries'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 )
=12216.8/( ( (0 - 0) + (59701.4 - 17108.9) )/ 1 )
=12216.8/( ( 0 + 42592.5 )/ 1 )
=12216.8/42592.5
=28.68 %

(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 28.68% mean?
Jayaswal NECO Industries (BOM:522285) has a ROCE % of 28.68% as of Mar. 2026.
Is Jayaswal NECO Industries' ROCE % too high?
Jayaswal NECO Industries' current ROCE % is 28.68%. The Steel industry median ROCE % is 5.50. Jayaswal NECO Industries' value of 28.68% is 421.5% above this industry median. Overall, Jayaswal NECO Industries has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jayaswal NECO Industries' ROCE % compare to NUE and STLD?
Jayaswal NECO Industries' ROCE % of 28.68% can be compared against companies in the Steel industry. The industry median ROCE % is 5.50. Jayaswal NECO Industries' value of 28.68% is 421.5% 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 Steel company?
The median ROCE % among Steel companies is 5.50, based on 621 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. Jayaswal NECO Industries's current ROCE % of 28.68% is 421.5% 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 Steel industry, the median ROCE % is 5.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jayaswal NECO Industries's current ROCE % is 28.68%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jayaswal NECO Industries stock overvalued right now?
Based on GuruFocus' analysis, Jayaswal NECO Industries (BOM:522285) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹56.38, compared to a current price of ₹85.70 — trading 52% above its estimated fair value. The current ROCE % is 28.68% and 421.5% above the Steel industry median of 5.50. Jayaswal NECO Industries' overall GF Score™ is 56/100 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 Jayaswal NECO Industries (BOM:522285), the current ROCE % is 28.68% 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 Jayaswal NECO Industries (BOM:522285) Overvalued in 2026?

Based on GuruFocus' analysis, Jayaswal NECO Industries stock appears to be overvalued. The current stock price of ₹85.70 is trading 52% above its estimated GF Value™ of ₹56.38. GuruFocus considers Jayaswal NECO Industries to be Significantly Overvalued.

Key valuation signals for BOM:522285:

  • ROCE %: 28.68%
  • GF Value™: ₹56.38 vs. price of ₹85.70 (52% above fair value)
  • GF Score™: 56/100 with 1 warning sign
  • Industry Position: 421.5% above the Steel median

No single metric tells the full story. See the BOM:522285 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Jayaswal NECO Industries Business Description

Other Exchanges JAYNECOIND:India
Address D-3/1, Central MIDC Road, Hingna MIDC Industrial Area, Nagpur, MH, IND, 440016
Jayaswal NECO Industries Ltd is engaged in the manufacture and supply of pig iron, sponge iron, pellet, steel, and Iron and steel casting. It specializes in the manufacture and supply of graded steels made in the form of billets, blooms and slabs from virgin metal. The company supplies steel in cast, rolled, wire, annealed, and bright bar forms catering to the demands of various engineering, industrial, construction, automotive, power, and railway industries. Its product-wise operating segments are Steel which derives key revenue, Iron and Steel Castings, and Others. Geographically, the company caters to both Indian and international markets of which, a majority of its revenue is generated from its business in India.
56GF Score

Get the complete analysis for BOM:522285

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

₹85.70
Price
₹56.38
GF Value