National Fittings (BOM:531289) ROCE %: 17.03% (As of Mar. 2026)

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BOM:531289 National Fittings Ltd BOM:531289
77 GF Score
Price ₹164.50
GF Value ₹164.94
Valuation Fairly Valued
! 3 Warning Signs
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What is National Fittings ROCE %?

National Fittings BOM:531289 -1.79% 77 ROCE % is 17.03% as of Mar. 2026. GuruFocus rates BOM:531289 with a GF Score™ of 77/100 and a GF Value™ of ₹164.94 (Fairly Valued). The stock has 3 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. National Fittings's annualized ROCE % for the quarter that ended in Mar. 2026 was 17.03%.

National Fittings  (BOM:531289) 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.

National Fittings ROCE % Related Terms

National Fittings ROCE % Historical Data

* Premium members only.

The historical data trend for National Fittings'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.

National Fittings ROCE % Chart

National Fittings 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 4.28 12.59 14.60 35.96 15.31

National Fittings 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 77.05 17.52 12.96 14.21 17.03
BOM:531289
77GF Score
National Fittings Ltd BOM:531289
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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National Fittings ROCE % Calculation

National Fittings'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 )
=139.155/( ( (1027.983 - 167.229) + (1198.4 - 241.9) )/ 2 )
=139.155/( (860.754+956.5)/ 2 )
=139.155/908.627
=15.31 %

National Fittings'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 )
=162.936/( ( (0 - 0) + (1198.4 - 241.9) )/ 1 )
=162.936/( ( 0 + 956.5 )/ 1 )
=162.936/956.5
=17.03 %

(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 17.03% mean?
National Fittings (BOM:531289) has a ROCE % of 17.03% as of Mar. 2026.
Is National Fittings' ROCE % too high?
National Fittings' current ROCE % is 17.03%. The Construction industry median ROCE % is 8.26. National Fittings' value of 17.03% is 106.2% above this industry median. Overall, National Fittings has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Fittings' ROCE % compare to TT and JCI?
National Fittings' ROCE % of 17.03% can be compared against companies in the Construction industry. The industry median ROCE % is 8.26. National Fittings' value of 17.03% is 106.2% 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 Construction company?
The median ROCE % among Construction companies is 8.26, based on 1,756 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. National Fittings's current ROCE % of 17.03% is 106.2% 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 Construction industry, the median ROCE % is 8.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Fittings's current ROCE % is 17.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Fittings stock overvalued right now?
Based on GuruFocus' analysis, National Fittings (BOM:531289) is currently considered Fairly Valued. The stock's GF Value™ is ₹164.94, compared to a current price of ₹164.50 — trading 0.3% below its estimated fair value. The current ROCE % is 17.03% and 106.2% above the Construction industry median of 8.26. National Fittings' overall GF Score™ is 77/100 with 3 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 National Fittings (BOM:531289), the current ROCE % is 17.03% 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 National Fittings (BOM:531289) Overvalued in 2026?

Based on GuruFocus' analysis, National Fittings stock appears to be undervalued. The current stock price of ₹164.50 is trading 0.3% below its estimated GF Value™ of ₹164.94. GuruFocus considers National Fittings to be Fairly Valued.

Key valuation signals for BOM:531289:

  • ROCE %: 17.03%
  • GF Value™: ₹164.94 vs. price of ₹164.50 (0.3% below fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 106.2% above the Construction median

No single metric tells the full story. See the BOM:531289 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

National Fittings Business Description

Address S F No 112/3D, Madhapur Road, Kaniyur Villlage, Sulur Taluk, Karumathampatti, Coimbatore, TN, IND, 641659
National Fittings Ltd is a manufacturer and sells SG Iron Grooved and Screwed Pipe Fittings, Stainless Pipe Fittings, and Ball Valves for industrial and non-industrial applications. It has only one reportable business segment, which is Manufacturing of Pipe Fittings. Geographically, the company generates a majority of its revenue from exports of its products to other countries and the rest from its customers within India.
77GF Score

Get the complete analysis for BOM:531289

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

₹164.50
Price
₹164.94
GF Value