Solar Industries India (BOM:532725) ROCE %: 37.80% (As of Mar. 2026)


BOM:532725 Solar Industries India Ltd BOM:532725
95 GF Score
Price ₹18,271.15
GF Value ₹16,960.29
Valuation Fairly Valued
! 6 Warning Signs
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What is Solar Industries India ROCE %?

Solar Industries India BOM:532725 -1.43% 95 ROCE % is 37.80% as of Mar. 2026. GuruFocus rates BOM:532725 with a GF Score™ of 95/100 and a GF Value™ of ₹16,960.29 (Fairly Valued). The stock has 6 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. Solar Industries India's annualized ROCE % for the quarter that ended in Mar. 2026 was 37.80%.

Solar Industries India  (BOM:532725) 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.

Solar Industries India ROCE % Related Terms

Solar Industries India ROCE % Historical Data

* Premium members only.

The historical data trend for Solar Industries 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.

Solar Industries India ROCE % Chart

Solar Industries 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 27.31 39.66 33.26 35.74 34.20

Solar Industries 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 32.09 33.07 30.57 39.38 37.80
BOM:532725
95GF Score
Solar Industries India Ltd BOM:532725
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Solar Industries India ROCE % Calculation

Solar Industries 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 )
=24991.9/( ( (82613.2 - 21138.8) + (109185 - 24488.9) )/ 2 )
=24991.9/( (61474.4+84696.1)/ 2 )
=24991.9/73085.25
=34.20 %

Solar Industries 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 )
=32012/( ( (0 - 0) + (109185 - 24488.9) )/ 1 )
=32012/( ( 0 + 84696.1 )/ 1 )
=32012/84696.1
=37.80 %

(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 37.80% mean?
Solar Industries India (BOM:532725) has a ROCE % of 37.80% as of Mar. 2026.
Is Solar Industries India's ROCE % too high?
Solar Industries India's current ROCE % is 37.80%. The Chemicals industry median ROCE % is 6.47. Solar Industries India's value of 37.80% is 484.2% above this industry median. Overall, Solar Industries India has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Solar Industries India's ROCE % compare to LIN and SHW?
Solar Industries India's ROCE % of 37.80% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.47. Solar Industries India's value of 37.80% is 484.2% 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 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. Solar Industries India's current ROCE % of 37.80% is 484.2% 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 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. Solar Industries India's current ROCE % is 37.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar Industries India stock overvalued right now?
Based on GuruFocus' analysis, Solar Industries India (BOM:532725) is currently considered Fairly Valued. The stock's GF Value™ is ₹16,960.29, compared to a current price of ₹18,271.15 — trading 7.7% above its estimated fair value. The current ROCE % is 37.80% and 484.2% above the Chemicals industry median of 6.47. Solar Industries India's overall GF Score™ is 95/100 with 6 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 Solar Industries India (BOM:532725), the current ROCE % is 37.80% 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 Solar Industries India (BOM:532725) Overvalued in 2026?

Based on GuruFocus' analysis, Solar Industries India stock appears to be overvalued. The current stock price of ₹18,271.15 is trading 7.7% above its estimated GF Value™ of ₹16,960.29. GuruFocus considers Solar Industries India to be Fairly Valued.

Key valuation signals for BOM:532725:

  • ROCE %: 37.80%
  • GF Value™: ₹16,960.29 vs. price of ₹18,271.15 (7.7% above fair value)
  • GF Score™: 95/100 with 6 warning signs
  • Industry Position: 484.2% above the Chemicals median

No single metric tells the full story. See the BOM:532725 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Solar Industries India Business Description

Other Exchanges SOLARINDS:India
Address Amravati Road, Solar House, 14, Kachimet, Nagpur, MH, IND, 440023
Solar Industries India Ltd manufactures and sells a variety of explosives and defense products. The company sells bulk and packaged explosives as well as detonation initiating systems to the mining, infrastructure, and construction industries. The firm's defense products include high energy explosives, propellants for delivering missiles and rockets, pyros, bombs, and warheads. Geographically, the group holds its presence in both India and internationally of which Indian region accounts for a majority of revenue.
95GF Score

Get the complete analysis for BOM:532725

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

₹18,271.15
Price
₹16,960.29
GF Value