IP Rings (BOM:523638) ROCE %: 12.01% (As of Mar. 2026)


BOM:523638 IP Rings Ltd BOM:523638
72 GF Score
Price ₹127.35
GF Value ₹165.33
Valuation Modestly Undervalued
! 6 Warning Signs
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What is IP Rings ROCE %?

IP Rings BOM:523638 -0.20% 72 ROCE % is 12.01% as of Mar. 2026. GuruFocus rates BOM:523638 with a GF Score™ of 72/100 and a GF Value™ of ₹165.33 (Modestly Undervalued). 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. IP Rings's annualized ROCE % for the quarter that ended in Mar. 2026 was 12.01%.

IP Rings  (BOM:523638) 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.

IP Rings ROCE % Related Terms

IP Rings ROCE % Historical Data

* Premium members only.

The historical data trend for IP Rings'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.

IP Rings ROCE % Chart

IP Rings 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 12.77 7.70 4.97 4.04 10.58

IP Rings 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 10.07 9.00 10.63 9.91 12.01
BOM:523638
72GF Score
IP Rings Ltd BOM:523638
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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IP Rings ROCE % Calculation

IP Rings'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 )
=164.699/( ( (3013.24 - 1514.203) + (3232.578 - 1617.658) )/ 2 )
=164.699/( (1499.037+1614.92)/ 2 )
=164.699/1556.9785
=10.58 %

IP Rings'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 )
=193.996/( ( (0 - 0) + (3232.578 - 1617.658) )/ 1 )
=193.996/( ( 0 + 1614.92 )/ 1 )
=193.996/1614.92
=12.01 %

(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 12.01% mean?
IP Rings (BOM:523638) has a ROCE % of 12.01% as of Mar. 2026.
Is IP Rings' ROCE % too high?
IP Rings' current ROCE % is 12.01%. The Vehicles & Parts industry median ROCE % is 7.94. IP Rings' value of 12.01% is 51.3% above this industry median. Overall, IP Rings has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IP Rings' ROCE % compare to ORLY and AZO?
IP Rings' ROCE % of 12.01% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. IP Rings' value of 12.01% is 51.3% 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 Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 7.94, based on 1,319 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. IP Rings's current ROCE % of 12.01% is 51.3% 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 Vehicles & Parts industry, the median ROCE % is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IP Rings's current ROCE % is 12.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IP Rings stock overvalued right now?
Based on GuruFocus' analysis, IP Rings (BOM:523638) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹165.33, compared to a current price of ₹127.35 — trading 23% below its estimated fair value. The current ROCE % is 12.01% and 51.3% above the Vehicles & Parts industry median of 7.94. IP Rings' overall GF Score™ is 72/100 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 IP Rings (BOM:523638), the current ROCE % is 12.01% 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 IP Rings (BOM:523638) Overvalued in 2026?

Based on GuruFocus' analysis, IP Rings stock appears to be undervalued. The current stock price of ₹127.35 is trading 23% below its estimated GF Value™ of ₹165.33. GuruFocus considers IP Rings to be Modestly Undervalued.

Key valuation signals for BOM:523638:

  • ROCE %: 12.01%
  • GF Value™: ₹165.33 vs. price of ₹127.35 (23% below fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 51.3% above the Vehicles & Parts median

No single metric tells the full story. See the BOM:523638 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

IP Rings Business Description

Address D 11/12, Industrial Estate, Maraimalai Nagar, Chengalpattu District, Chennai, TN, IND, 603209
IP Rings Ltd is engaged in the manufacturing of Auto Components, which include Piston Rings, Differential Gears, Pole Wheel, and Tooling. The geographical segments of the company include India, the United States, Thailand, and the Rest of the world, of which the majority of the revenue comes from the Indian Market.
72GF Score

Get the complete analysis for BOM:523638

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

₹127.35
Price
₹165.33
GF Value