Ashirwad Steels & Industries (BOM:526847) ROCE %: 2.92% (As of Mar. 2026)

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BOM:526847 Ashirwad Steels & Industries Ltd BOM:526847
28 GF Score
Price ₹22.77
! 1 Warning Sign
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What is Ashirwad Steels & Industries ROCE %?

Ashirwad Steels & Industries BOM:526847 -0.09% 28 ROCE % is 2.92% as of Mar. 2026. GuruFocus rates BOM:526847 with a GF Score™ of 28/100. 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. Ashirwad Steels & Industries's annualized ROCE % for the quarter that ended in Mar. 2026 was 2.92%.

Ashirwad Steels & Industries  (BOM:526847) 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.

Ashirwad Steels & Industries ROCE % Related Terms

Ashirwad Steels & Industries ROCE % Historical Data

* Premium members only.

The historical data trend for Ashirwad Steels & 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.

Ashirwad Steels & Industries ROCE % Chart

Ashirwad Steels & 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 8.43 26.74 4.08 3.81 3.24

Ashirwad Steels & 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 4.56 3.45 3.99 2.59 2.92
BOM:526847
28GF Score
Ashirwad Steels & Industries Ltd BOM:526847
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ashirwad Steels & Industries ROCE % Calculation

Ashirwad Steels & 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 )
=27.263/( ( (831.259 - 0.052) + (851.37 - 0.036) )/ 2 )
=27.263/( (831.207+851.334)/ 2 )
=27.263/841.2705
=3.24 %

Ashirwad Steels & 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 )
=24.836/( ( (0 - 0) + (851.37 - 0.036) )/ 1 )
=24.836/( ( 0 + 851.334 )/ 1 )
=24.836/851.334
=2.92 %

(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 2.92% mean?
Ashirwad Steels & Industries (BOM:526847) has a ROCE % of 2.92% as of Mar. 2026.
Is Ashirwad Steels & Industries' ROCE % too high?
Ashirwad Steels & Industries' current ROCE % is 2.92%. The Steel industry median ROCE % is 5.80. Ashirwad Steels & Industries' value of 2.92% is 49.7% below this industry median. Overall, Ashirwad Steels & Industries has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Ashirwad Steels & Industries' ROCE % compare to NUE and STLD?
Ashirwad Steels & Industries' ROCE % of 2.92% can be compared against companies in the Steel industry. The industry median ROCE % is 5.80. Ashirwad Steels & Industries' value of 2.92% is 49.7% 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 Steel company?
The median ROCE % among Steel companies is 5.80, based on 619 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. Ashirwad Steels & Industries's current ROCE % of 2.92% is 49.7% 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 Steel industry, the median ROCE % is 5.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashirwad Steels & Industries's current ROCE % is 2.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashirwad Steels & Industries stock overvalued right now?
Ashirwad Steels & Industries (BOM:526847) has a current ROCE % of 2.92%. The current ROCE % is 2.92% and 49.7% below the Steel industry median of 5.80. Ashirwad Steels & Industries' overall GF Score™ is 28/100 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 Ashirwad Steels & Industries (BOM:526847), the current ROCE % is 2.92% 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.

Ashirwad Steels & Industries Business Description

Address 6, Waterloo Street, 5th Floor, Suite No. 506, Kolkata, WB, IND, 700069
Ashirwad Steels & Industries Ltd is an Indian company, currently engaged in lending funds and investing in shares and securities.
28GF Score

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

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