Vikram Thermo (India) (BOM:530477) ROCE %: 29.92% (As of Mar. 2026)


BOM:530477 Vikram Thermo (India) Ltd BOM:530477
86 GF Score
Price ₹234.05
GF Value ₹182.21
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Vikram Thermo (India) ROCE %?

Vikram Thermo (India) BOM:530477 -0.43% 86 ROCE % is 29.92% as of Mar. 2026. GuruFocus rates BOM:530477 with a GF Score™ of 86/100 and a GF Value™ of ₹182.21 (Modestly Overvalued). The stock has 7 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. Vikram Thermo (India)'s annualized ROCE % for the quarter that ended in Mar. 2026 was 29.92%.

Vikram Thermo (India)  (BOM:530477) 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.

Vikram Thermo (India) ROCE % Related Terms

Vikram Thermo (India) ROCE % Historical Data

* Premium members only.

The historical data trend for Vikram Thermo (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.

Vikram Thermo (India) ROCE % Chart

Vikram Thermo (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 15.74 26.08 32.23 36.42 36.61

Vikram Thermo (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 22.52 34.27 42.64 42.27 29.92
BOM:530477
86GF Score
Vikram Thermo (India) Ltd BOM:530477
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vikram Thermo (India) ROCE % Calculation

Vikram Thermo (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 )
=527.044/( ( (1458.912 - 200.683) + (1879.088 - 257.763) )/ 2 )
=527.044/( (1258.229+1621.325)/ 2 )
=527.044/1439.777
=36.61 %

Vikram Thermo (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 )
=485.112/( ( (0 - 0) + (1879.088 - 257.763) )/ 1 )
=485.112/( ( 0 + 1621.325 )/ 1 )
=485.112/1621.325
=29.92 %

(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 29.92% mean?
Vikram Thermo (India) (BOM:530477) has a ROCE % of 29.92% as of Mar. 2026.
Is Vikram Thermo (India)'s ROCE % too high?
Vikram Thermo (India)'s current ROCE % is 29.92%. The Drug Manufacturers industry median ROCE % is 7.03. Vikram Thermo (India)'s value of 29.92% is 325.6% above this industry median. Overall, Vikram Thermo (India) has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vikram Thermo (India)'s ROCE % compare to ZTS and UTHR?
Vikram Thermo (India)'s ROCE % of 29.92% can be compared against companies in the Drug Manufacturers industry. The industry median ROCE % is 7.03. Vikram Thermo (India)'s value of 29.92% is 325.6% above 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 Drug Manufacturers company?
The median ROCE % among Drug Manufacturers companies is 7.03, based on 957 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. Vikram Thermo (India)'s current ROCE % of 29.92% is 325.6% above 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 Drug Manufacturers industry, the median ROCE % is 7.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vikram Thermo (India)'s current ROCE % is 29.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vikram Thermo (India) stock overvalued right now?
Based on GuruFocus' analysis, Vikram Thermo (India) (BOM:530477) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹182.21, compared to a current price of ₹234.05 — trading 28.5% above its estimated fair value. The current ROCE % is 29.92% and 325.6% above the Drug Manufacturers industry median of 7.03. Vikram Thermo (India)'s overall GF Score™ is 86/100 with 7 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 Vikram Thermo (India) (BOM:530477), the current ROCE % is 29.92% 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.

Is Vikram Thermo (India) (BOM:530477) Overvalued in 2026?

Based on GuruFocus' analysis, Vikram Thermo (India) stock appears to be overvalued. The current stock price of ₹234.05 is trading 28.5% above its estimated GF Value™ of ₹182.21. GuruFocus considers Vikram Thermo (India) to be Modestly Overvalued.

Key valuation signals for BOM:530477:

  • ROCE %: 29.92%
  • GF Value™: ₹182.21 vs. price of ₹234.05 (28.5% above fair value)
  • GF Score™: 86/100 with 7 warning signs
  • Industry Position: 325.6% above the Drug Manufacturers median

No single metric tells the full story. See the BOM:530477 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Vikram Thermo (India) Business Description

Address Science City Road, A/704-714, The Capital, Ahmedabad, GJ, IND, 380060
Vikram Thermo (India) Ltd is engaged in the manufacturing and selling of basic pharma co-polymer Drug Coat, Diphenyl Oxide, Aquapol line of cosmetic polymers, and Apion line of cross-linked polymers. Through its products, the company provides a complete solution for various applications in the solid oral dosage coating segment with complementary technical support. It operates in a single segment, Chemicals. Geographically, the company generates maximum revenue from its business in India, followed by the Rest of the world.
86GF Score

Get the complete analysis for BOM:530477

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

₹234.05
Price
₹182.21
GF Value