Eimco Elecon India (BOM:523708) ROCE %: 7.70% (As of Mar. 2026)


BOM:523708 Eimco Elecon India Ltd BOM:523708
77 GF Score
Price ₹1,853.15
GF Value ₹1,819.68
Valuation Fairly Valued
! 4 Warning Signs
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What is Eimco Elecon India ROCE %?

Eimco Elecon India BOM:523708 +5.93% 77 ROCE % is 7.70% as of Mar. 2026. GuruFocus rates BOM:523708 with a GF Score™ of 77/100 and a GF Value™ of ₹1,819.68 (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. Eimco Elecon India's annualized ROCE % for the quarter that ended in Mar. 2026 was 7.70%.

Eimco Elecon India  (BOM:523708) 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.

Eimco Elecon India ROCE % Related Terms

Eimco Elecon India ROCE % Historical Data

* Premium members only.

The historical data trend for Eimco Elecon India'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.

Eimco Elecon India ROCE % Chart

Eimco Elecon India 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 2.99 7.27 13.37 15.79 11.03

Eimco Elecon India 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 18.02 16.86 6.16 14.35 7.70
BOM:523708
77GF Score
Eimco Elecon India Ltd BOM:523708
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Eimco Elecon India ROCE % Calculation

Eimco Elecon India'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 )
=505.182/( ( (4879.776 - 483.417) + (5241.584 - 478.013) )/ 2 )
=505.182/( (4396.359+4763.571)/ 2 )
=505.182/4579.965
=11.03 %

Eimco Elecon India'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 )
=366.856/( ( (0 - 0) + (5241.584 - 478.013) )/ 1 )
=366.856/( ( 0 + 4763.571 )/ 1 )
=366.856/4763.571
=7.70 %

(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 7.70% mean?
Eimco Elecon India (BOM:523708) has a ROCE % of 7.70% as of Mar. 2026.
Is Eimco Elecon India's ROCE % too high?
Eimco Elecon India's current ROCE % is 7.70%. The Farm & Heavy Construction Machinery industry median ROCE % is 9.19. Eimco Elecon India's value of 7.70% is 16.2% below this industry median. Overall, Eimco Elecon India has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eimco Elecon India's ROCE % compare to CAT and DE?
Eimco Elecon India's ROCE % of 7.70% can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median ROCE % is 9.19. Eimco Elecon India's value of 7.70% is 16.2% below 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 Farm & Heavy Construction Machinery company?
The median ROCE % among Farm & Heavy Construction Machinery companies is 9.19, based on 205 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. Eimco Elecon India's current ROCE % of 7.70% is 16.2% below 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 Farm & Heavy Construction Machinery industry, the median ROCE % is 9.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eimco Elecon India's current ROCE % is 7.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eimco Elecon India stock overvalued right now?
Based on GuruFocus' analysis, Eimco Elecon India (BOM:523708) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,819.68, compared to a current price of ₹1,853.15 — trading 1.8% above its estimated fair value. The current ROCE % is 7.70% and 16.2% below the Farm & Heavy Construction Machinery industry median of 9.19. Eimco Elecon India's overall GF Score™ is 77/100 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 Eimco Elecon India (BOM:523708), the current ROCE % is 7.70% 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 Eimco Elecon India (BOM:523708) Overvalued in 2026?

Based on GuruFocus' analysis, Eimco Elecon India stock appears to be overvalued. The current stock price of ₹1,853.15 is trading 1.8% above its estimated GF Value™ of ₹1,819.68. GuruFocus considers Eimco Elecon India to be Fairly Valued.

Key valuation signals for BOM:523708:

  • ROCE %: 7.70%
  • GF Value™: ₹1,819.68 vs. price of ₹1,853.15 (1.8% above fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 16.2% below the Farm & Heavy Construction Machinery median

No single metric tells the full story. See the BOM:523708 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Eimco Elecon India Business Description

Other Exchanges EIMCOELECO:India
Address Anand-Sojitra Road, District Anand, Vallabh Vidyanagar, GJ, IND, 388120
Eimco Elecon India Ltd is engaged in the business of manufacturing and supplying equipment for the mining and construction sector. Its products include Load Haul Dumpers (LHDs), Side Dump Loaders, Coal Haulers, Drilling Equipment, Continuous Miner Package, Chair Lift Man Riding System, UV-A-BE (Fully Battery Operated - Multi Utility Vehicle), and MCAR-E (Fully Battery Operated - Passenger Vehicle). The company operates in one segment, Machinery and Spares. It sells its products in India, which generates the majority of revenue, and also exports them to other countries.
77GF Score

Get the complete analysis for BOM:523708

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

₹1,853.15
Price
₹1,819.68
GF Value