Ashish Polyplast (BOM:530429) ROCE %: -20.56% (As of Mar. 2026)


BOM:530429 Ashish Polyplast Ltd BOM:530429
61 GF Score
Price ₹28.90
GF Value ₹33.62
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Ashish Polyplast ROCE %?

Ashish Polyplast BOM:530429 -6.77% 61 ROCE % is -20.56% as of Mar. 2026. GuruFocus rates BOM:530429 with a GF Score™ of 61/100 and a GF Value™ of ₹33.62 (Modestly Undervalued). The stock has 2 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. Ashish Polyplast's annualized ROCE % for the quarter that ended in Mar. 2026 was -20.56%.

Ashish Polyplast  (BOM:530429) 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.

Ashish Polyplast ROCE % Related Terms

Ashish Polyplast ROCE % Historical Data

* Premium members only.

The historical data trend for Ashish Polyplast'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.

Ashish Polyplast ROCE % Chart

Ashish Polyplast 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 10.37 5.95 16.46 6.67 3.89

Ashish Polyplast 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 -25.60 27.46 -4.25 12.65 -20.56
BOM:530429
61GF Score
Ashish Polyplast Ltd BOM:530429
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ashish Polyplast ROCE % Calculation

Ashish Polyplast'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 )
=2.784/( ( (80.716 - 9.313) + (95.432 - 23.742) )/ 2 )
=2.784/( (71.403+71.69)/ 2 )
=2.784/71.5465
=3.89 %

Ashish Polyplast'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 )
=-14.736/( ( (0 - 0) + (95.432 - 23.742) )/ 1 )
=-14.736/( ( 0 + 71.69 )/ 1 )
=-14.736/71.69
=-20.56 %

(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 -20.56% mean?
Ashish Polyplast (BOM:530429) has a ROCE % of -20.56% as of Mar. 2026.
Is Ashish Polyplast's ROCE % too high?
Ashish Polyplast's current ROCE % is -20.56%. Overall, Ashish Polyplast has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ashish Polyplast's ROCE % compare to LIN and SHW?
Ashish Polyplast's ROCE % of -20.56% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.47. 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 Chemicals company?
The median ROCE % among Chemicals companies is 6.47, based on 1,585 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 Chemicals industry, the median ROCE % is 6.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashish Polyplast's current ROCE % is -20.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashish Polyplast stock overvalued right now?
Based on GuruFocus' analysis, Ashish Polyplast (BOM:530429) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹33.62, compared to a current price of ₹28.90 — trading 14% below its estimated fair value. The current ROCE % is -20.56%. Ashish Polyplast's overall GF Score™ is 61/100 with 2 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 Ashish Polyplast (BOM:530429), the current ROCE % is -20.56% 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 Ashish Polyplast (BOM:530429) Overvalued in 2026?

Based on GuruFocus' analysis, Ashish Polyplast stock appears to be undervalued. The current stock price of ₹28.90 is trading 14% below its estimated GF Value™ of ₹33.62. GuruFocus considers Ashish Polyplast to be Modestly Undervalued.

Key valuation signals for BOM:530429:

  • ROCE %: -20.56%
  • GF Value™: ₹33.62 vs. price of ₹28.90 (14% below fair value)
  • GF Score™: 61/100 with 2 warning signs

No single metric tells the full story. See the BOM:530429 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ashish Polyplast Business Description

Address 501, Fortune Business Hub, Near Satyomev Elysium, Near Science City, Sola, Ahmedabad, GJ, IND, 380060
Ashish Polyplast Ltd is an India-based company principally engaged in the manufacturing of polyvinyl chloride (PVC) pipes. It manufactures and exports braided hoses and flexible PVC hoses. The Company has only one segment, which is PVC Pipes and majorly operates in the domestic market. The company's product portfolio includes Braided hose, Flexible duct hose, Flexible heavy-duty suction and delivery hose, and other related products.
61GF Score

Get the complete analysis for BOM:530429

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

₹28.90
Price
₹33.62
GF Value