Jai Balaji Industries (BOM:532976) ROCE %: 9.90% (As of Mar. 2026)


BOM:532976 Jai Balaji Industries Ltd BOM:532976
62 GF Score
Price ₹68.73
GF Value ₹117.39
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Jai Balaji Industries ROCE %?

Jai Balaji Industries BOM:532976 +1.22% 62 ROCE % is 9.90% as of Mar. 2026. GuruFocus rates BOM:532976 with a GF Score™ of 62/100 and a GF Value™ of ₹117.39 (Significantly 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. Jai Balaji Industries's annualized ROCE % for the quarter that ended in Mar. 2026 was 9.90%.

Jai Balaji Industries  (BOM:532976) 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.

Jai Balaji Industries ROCE % Related Terms

Jai Balaji Industries ROCE % Historical Data

* Premium members only.

The historical data trend for Jai Balaji Industries'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.

Jai Balaji Industries ROCE % Chart

Jai Balaji Industries 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 0.00 261.69 67.24 40.18 10.81

Jai Balaji Industries 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 21.51 19.27 9.16 5.17 9.90
BOM:532976
62GF Score
Jai Balaji Industries Ltd BOM:532976
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Jai Balaji Industries ROCE % Calculation

Jai Balaji Industries'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 )
=2574/( ( (38906.8 - 15586.2) + (40774.6 - 16480.8) )/ 2 )
=2574/( (23320.6+24293.8)/ 2 )
=2574/23807.2
=10.81 %

Jai Balaji Industries'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 )
=2404.4/( ( (0 - 0) + (40774.6 - 16480.8) )/ 1 )
=2404.4/( ( 0 + 24293.8 )/ 1 )
=2404.4/24293.8
=9.90 %

(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 9.90% mean?
Jai Balaji Industries (BOM:532976) has a ROCE % of 9.90% as of Mar. 2026.
Is Jai Balaji Industries' ROCE % too high?
Jai Balaji Industries' current ROCE % is 9.90%. The Steel industry median ROCE % is 5.51. Jai Balaji Industries' value of 9.90% is 79.7% above this industry median. Overall, Jai Balaji Industries has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jai Balaji Industries' ROCE % compare to NUE and STLD?
Jai Balaji Industries' ROCE % of 9.90% can be compared against companies in the Steel industry. The industry median ROCE % is 5.51. Jai Balaji Industries' value of 9.90% is 79.7% 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 Steel company?
The median ROCE % among Steel companies is 5.51, based on 620 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. Jai Balaji Industries's current ROCE % of 9.90% is 79.7% 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 Steel industry, the median ROCE % is 5.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jai Balaji Industries's current ROCE % is 9.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jai Balaji Industries stock overvalued right now?
Based on GuruFocus' analysis, Jai Balaji Industries (BOM:532976) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹117.39, compared to a current price of ₹68.73 — trading 41.5% below its estimated fair value. The current ROCE % is 9.90% and 79.7% above the Steel industry median of 5.51. Jai Balaji Industries' overall GF Score™ is 62/100 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 Jai Balaji Industries (BOM:532976), the current ROCE % is 9.90% 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 Jai Balaji Industries (BOM:532976) Overvalued in 2026?

Based on GuruFocus' analysis, Jai Balaji Industries stock appears to be undervalued. The current stock price of ₹68.73 is trading 41.5% below its estimated GF Value™ of ₹117.39. GuruFocus considers Jai Balaji Industries to be Significantly Undervalued.

Key valuation signals for BOM:532976:

  • ROCE %: 9.90%
  • GF Value™: ₹117.39 vs. price of ₹68.73 (41.5% below fair value)
  • GF Score™: 62/100 with 2 warning signs
  • Industry Position: 79.7% above the Steel median

No single metric tells the full story. See the BOM:532976 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Jai Balaji Industries Business Description

Other Exchanges JAIBALAJI:India
Address 5, Bentinck Street, 1st Floor, Kolkata, WB, IND, 700 001
Jai Balaji Industries Ltd is an India-based iron and steel manufacturing company. It manufactures Sponge Iron, Pig Iron, Ductile Iron Pipe, Ferro Chrome, Billet, TMT, Coke, and Sinter. The company is engaged in a single reportable segment of Iron and Steel. Geographically, it has a business presence in India and also exports it to other countries, of which key revenue is derived from India.
62GF Score

Get the complete analysis for BOM:532976

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

₹68.73
Price
₹117.39
GF Value