Rajasthan Tube Manufacturing Co (BOM:530253) ROCE %: -2.02% (As of Mar. 2026)


BOM:530253 Rajasthan Tube Manufacturing Co Ltd BOM:530253
43 GF Score
Price ₹12.76
GF Value ₹0.68
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Rajasthan Tube Manufacturing Co ROCE %?

Rajasthan Tube Manufacturing Co BOM:530253 +0.63% 43 ROCE % is -2.02% as of Mar. 2026. GuruFocus rates BOM:530253 with a GF Score™ of 43/100 and a GF Value™ of ₹0.68 (Significantly Overvalued). 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. Rajasthan Tube Manufacturing Co's annualized ROCE % for the quarter that ended in Mar. 2026 was -2.02%.

Rajasthan Tube Manufacturing Co  (BOM:530253) 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.

Rajasthan Tube Manufacturing Co ROCE % Related Terms

Rajasthan Tube Manufacturing Co ROCE % Historical Data

* Premium members only.

The historical data trend for Rajasthan Tube Manufacturing Co'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.

Rajasthan Tube Manufacturing Co ROCE % Chart

Rajasthan Tube Manufacturing Co 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 21.26 24.28 22.87 19.04 20.04

Rajasthan Tube Manufacturing Co 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 60.45 -40.81 1.22 122.72 -2.02
BOM:530253
43GF Score
Rajasthan Tube Manufacturing Co Ltd BOM:530253
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Rajasthan Tube Manufacturing Co ROCE % Calculation

Rajasthan Tube Manufacturing Co'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 )
=19.302/( ( (193.727 - 101.424) + (113.451 - 13.143) )/ 2 )
=19.302/( (92.303+100.308)/ 2 )
=19.302/96.3055
=20.04 %

Rajasthan Tube Manufacturing Co'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 )
=-2.088/( ( (114.292 - 8.096) + (113.451 - 13.143) )/ 2 )
=-2.088/( ( 106.196 + 100.308 )/ 2 )
=-2.088/103.252
=-2.02 %

(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 -2.02% mean?
Rajasthan Tube Manufacturing Co (BOM:530253) has a ROCE % of -2.02% as of Mar. 2026.
Is Rajasthan Tube Manufacturing Co's ROCE % too high?
Rajasthan Tube Manufacturing Co's current ROCE % is -2.02%. Overall, Rajasthan Tube Manufacturing Co has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rajasthan Tube Manufacturing Co's ROCE % compare to NUE and STLD?
Rajasthan Tube Manufacturing Co's ROCE % of -2.02% can be compared against companies in the Steel industry. The industry median ROCE % is 5.52. 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 5.52, 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. 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 5.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rajasthan Tube Manufacturing Co's current ROCE % is -2.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rajasthan Tube Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Rajasthan Tube Manufacturing Co (BOM:530253) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.68, compared to a current price of ₹12.76 — trading 1776.5% above its estimated fair value. The current ROCE % is -2.02%. Rajasthan Tube Manufacturing Co's overall GF Score™ is 43/100 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 Rajasthan Tube Manufacturing Co (BOM:530253), the current ROCE % is -2.02% 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 Rajasthan Tube Manufacturing Co (BOM:530253) Overvalued in 2026?

Based on GuruFocus' analysis, Rajasthan Tube Manufacturing Co stock appears to be overvalued. The current stock price of ₹12.76 is trading 1776.5% above its estimated GF Value™ of ₹0.68. GuruFocus considers Rajasthan Tube Manufacturing Co to be Significantly Overvalued.

Key valuation signals for BOM:530253:

  • ROCE %: -2.02%
  • GF Value™: ₹0.68 vs. price of ₹12.76 (1776.5% above fair value)
  • GF Score™: 43/100 with 4 warning signs

No single metric tells the full story. See the BOM:530253 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Rajasthan Tube Manufacturing Co Business Description

Address Maharkala Road, Jatawali Mod, 28-37, Banke Bihari Industrial Area, Village Dehra, Teh. Chomu, Jaipur, RJ, IND, 303806
Rajasthan Tube Manufacturing Co Ltd manufactures and trades in steel tubes, pipes, and sheets in India. It offers Electric Resistance Welding (ERW) steel black pipes, ERW steel galvanized pipes, and hot rolled steel sheets. Its steel black and galvanized steel pipes/tubes are used in various applications, such as water pipelines, water mains, sewerage systems, industrial water lines, crude oil piping, and cross-country pipelines. Its hot rolled steel sheets are used in making tubular products, including hot rolled coils, pipes, LPG cylinders, shuttering plates, and off late in the construction sector; as component in the making of pressure vessels, in buildings, and hull and steel structures, as well as in boiler usage; and making critical safety parts and automobile suspension.
43GF Score

Get the complete analysis for BOM:530253

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

₹12.76
Price
₹0.68
GF Value