Heera Ispat (BOM:526967) ROCE %: 0.00% (As of Mar. 2026)

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BOM:526967 Heera Ispat Ltd BOM:526967
30 GF Score
Price ₹6.00
! 1 Warning Sign
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What is Heera Ispat ROCE %?

Heera Ispat BOM:526967 -4.00% 30 ROCE % is 0.00% as of Mar. 2026. GuruFocus rates BOM:526967 with a GF Score™ of 30/100. 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. Heera Ispat's annualized ROCE % for the quarter that ended in Mar. 2026 was 0.00%.

Heera Ispat  (BOM:526967) 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.

Heera Ispat ROCE % Related Terms

Heera Ispat ROCE % Historical Data

* Premium members only.

The historical data trend for Heera Ispat'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.

Heera Ispat ROCE % Chart

Heera Ispat 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 0.00 0.00 0.00 0.00 0.00

Heera Ispat 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 0.00 0.00 0.00 0.00 0.00
BOM:526967
30GF Score
Heera Ispat Ltd BOM:526967
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Heera Ispat ROCE % Calculation

Heera Ispat'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 )
=-0.786/( ( (5.995 - 11.612) + (0.488 - 8.923) )/ 2 )
=-0.786/( (-5.617+-8.435)/ 2 )
=-0.786/-7.026
=11.19 %

Heera Ispat'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 )
=-0.772/( ( (0 - 0) + (0.488 - 8.923) )/ 1 )
=-0.772/( ( 0 + -8.435 )/ 1 )
=-0.772/-8.435
=0 %

(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 0.00% mean?
Heera Ispat (BOM:526967) has a ROCE % of 0.00% as of Mar. 2026.
Is Heera Ispat's ROCE % too high?
Heera Ispat's current ROCE % is 0.00%. Overall, Heera Ispat has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Heera Ispat's ROCE % compare to NUE and STLD?
Heera Ispat's ROCE % of 0.00% can be compared against companies in the Steel industry. The industry median ROCE % is 5.67. 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 5.67, 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. 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 5.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heera Ispat's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heera Ispat stock overvalued right now?
Heera Ispat (BOM:526967) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Heera Ispat's overall GF Score™ is 30/100 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 Heera Ispat (BOM:526967), the current ROCE % is 0.00% 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.

Heera Ispat Business Description

Address Ashram Road, Ashram Road P.O, A 1327 Sun West Bank, Ahmedabad, GJ, IND, 380009
Heera Ispat Ltd is an Indian based company that operates in the steel and alloys business. The business activity of the group includes the manufacturing and trading of steels and alloys. It manufactures products including steel plates, steel bars, and wires for the construction industry and cast iron products for the automobile industry. Geographically, all the activities are carried out through the region of India.
30GF 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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