Indian Toners & Developers (BOM:523586) ROCE %: 16.70% (As of Mar. 2026)


BOM:523586 Indian Toners & Developers Ltd BOM:523586
80 GF Score
Price ₹295.60
GF Value ₹301.16
Valuation Fairly Valued
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What is Indian Toners & Developers ROCE %?

Indian Toners & Developers BOM:523586 -0.39% 80 ROCE % is 16.70% as of Mar. 2026. GuruFocus rates BOM:523586 with a GF Score™ of 80/100 and a GF Value™ of ₹301.16 (Fairly Valued).

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. Indian Toners & Developers's annualized ROCE % for the quarter that ended in Mar. 2026 was 16.70%.

Indian Toners & Developers  (BOM:523586) 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.

Indian Toners & Developers ROCE % Related Terms

Indian Toners & Developers ROCE % Historical Data

* Premium members only.

The historical data trend for Indian Toners & Developers'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.

Indian Toners & Developers ROCE % Chart

Indian Toners & Developers 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 14.03 18.54 16.43 15.54 15.19

Indian Toners & Developers 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 16.98 16.65 12.71 15.12 16.70
BOM:523586
80GF Score
Indian Toners & Developers Ltd BOM:523586
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Indian Toners & Developers ROCE % Calculation

Indian Toners & Developers'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 )
=348.783/( ( (2295.723 - 155.452) + (2610.652 - 159.405) )/ 2 )
=348.783/( (2140.271+2451.247)/ 2 )
=348.783/2295.759
=15.19 %

Indian Toners & Developers'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 )
=409.464/( ( (0 - 0) + (2610.652 - 159.405) )/ 1 )
=409.464/( ( 0 + 2451.247 )/ 1 )
=409.464/2451.247
=16.70 %

(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 16.70% mean?
Indian Toners & Developers (BOM:523586) has a ROCE % of 16.70% as of Mar. 2026.
Is Indian Toners & Developers' ROCE % too high?
Indian Toners & Developers' current ROCE % is 16.70%. The Chemicals industry median ROCE % is 6.42. Indian Toners & Developers' value of 16.70% is 160.1% above this industry median. Overall, Indian Toners & Developers has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indian Toners & Developers' ROCE % compare to LIN and SHW?
Indian Toners & Developers' ROCE % of 16.70% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.42. Indian Toners & Developers' value of 16.70% is 160.1% 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 Chemicals company?
The median ROCE % among Chemicals companies is 6.42, based on 1,589 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. Indian Toners & Developers's current ROCE % of 16.70% is 160.1% 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 Chemicals industry, the median ROCE % is 6.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Toners & Developers's current ROCE % is 16.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Toners & Developers stock overvalued right now?
Based on GuruFocus' analysis, Indian Toners & Developers (BOM:523586) is currently considered Fairly Valued. The stock's GF Value™ is ₹301.16, compared to a current price of ₹295.60 — trading 1.8% below its estimated fair value. The current ROCE % is 16.70% and 160.1% above the Chemicals industry median of 6.42. Indian Toners & Developers' overall GF Score™ is 80/100. 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 Indian Toners & Developers (BOM:523586), the current ROCE % is 16.70% 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 Indian Toners & Developers (BOM:523586) Overvalued in 2026?

Based on GuruFocus' analysis, Indian Toners & Developers stock appears to be undervalued. The current stock price of ₹295.60 is trading 1.8% below its estimated GF Value™ of ₹301.16. GuruFocus considers Indian Toners & Developers to be Fairly Valued.

Key valuation signals for BOM:523586:

  • ROCE %: 16.70%
  • GF Value™: ₹301.16 vs. price of ₹295.60 (1.8% below fair value)
  • GF Score™: 80/100
  • Industry Position: 160.1% above the Chemicals median

No single metric tells the full story. See the BOM:523586 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Indian Toners & Developers Business Description

Address 1223, DLF Tower - B, Jasola, New Delhi, IND, 110 025
Indian Toners & Developers Ltd is a manufacturer of toners and developers. The company is engaged in the business of producing and exporting compatible toners for use in laser printers, the new age digital machines, multi-function printers, analogue copiers as well as wide-format printers and copiers. The only reporting segment of the company is a manufacturer of compatible toner. Its geographical segment includes Domestic sales and Export sales. The company's product consists of chemical color toner, laser toner, copier or digital toner, wide format copiers and printer toner and packaging.
80GF Score

Get the complete analysis for BOM:523586

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

₹295.60
Price
₹301.16
GF Value