Steel Exchange India (BOM:534748) ROCE %: 16.33% (As of Mar. 2026)


BOM:534748 Steel Exchange India Ltd BOM:534748
60 GF Score
Price ₹12.40
GF Value ₹8.36
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Steel Exchange India ROCE %?

Steel Exchange India BOM:534748 -1.74% 60 ROCE % is 16.33% as of Mar. 2026. GuruFocus rates BOM:534748 with a GF Score™ of 60/100 and a GF Value™ of ₹8.36 (Significantly 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. Steel Exchange India's annualized ROCE % for the quarter that ended in Mar. 2026 was 16.33%.

Steel Exchange India  (BOM:534748) 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.

Steel Exchange India ROCE % Related Terms

Steel Exchange India ROCE % Historical Data

* Premium members only.

The historical data trend for Steel Exchange 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.

Steel Exchange India ROCE % Chart

Steel Exchange 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 12.72 9.06 7.85 12.05 10.83

Steel Exchange 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 18.01 12.03 8.53 6.38 16.33
BOM:534748
60GF Score
Steel Exchange India Ltd BOM:534748
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Steel Exchange India ROCE % Calculation

Steel Exchange 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 )
=1097.089/( ( (12841.527 - 3159.599) + (13749.136 - 3163.976) )/ 2 )
=1097.089/( (9681.928+10585.16)/ 2 )
=1097.089/10133.544
=10.83 %

Steel Exchange 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 )
=1728.396/( ( (0 - 0) + (13749.136 - 3163.976) )/ 1 )
=1728.396/( ( 0 + 10585.16 )/ 1 )
=1728.396/10585.16
=16.33 %

(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 16.33% mean?
Steel Exchange India (BOM:534748) has a ROCE % of 16.33% as of Mar. 2026.
Is Steel Exchange India's ROCE % too high?
Steel Exchange India's current ROCE % is 16.33%. The Steel industry median ROCE % is 5.50. Steel Exchange India's value of 16.33% is 196.9% above this industry median. Overall, Steel Exchange India has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Steel Exchange India's ROCE % compare to NUE and STLD?
Steel Exchange India's ROCE % of 16.33% can be compared against companies in the Steel industry. The industry median ROCE % is 5.50. Steel Exchange India's value of 16.33% is 196.9% 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 5.50, based on 621 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. Steel Exchange India's current ROCE % of 16.33% is 196.9% 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 5.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel Exchange India's current ROCE % is 16.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Exchange India stock overvalued right now?
Based on GuruFocus' analysis, Steel Exchange India (BOM:534748) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹8.36, compared to a current price of ₹12.40 — trading 48.3% above its estimated fair value. The current ROCE % is 16.33% and 196.9% above the Steel industry median of 5.50. Steel Exchange India's overall GF Score™ is 60/100 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 Steel Exchange India (BOM:534748), the current ROCE % is 16.33% 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 Steel Exchange India (BOM:534748) Overvalued in 2026?

Based on GuruFocus' analysis, Steel Exchange India stock appears to be overvalued. The current stock price of ₹12.40 is trading 48.3% above its estimated GF Value™ of ₹8.36. GuruFocus considers Steel Exchange India to be Significantly Overvalued.

Key valuation signals for BOM:534748:

  • ROCE %: 16.33%
  • GF Value™: ₹8.36 vs. price of ₹12.40 (48.3% above fair value)
  • GF Score™: 60/100 with 7 warning signs
  • Industry Position: 196.9% above the Steel median

No single metric tells the full story. See the BOM:534748 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Steel Exchange India Business Description

Other Exchanges STEELXIND:India
Address Block A, Green City Towers, Near Apparel Export Park, Green City, Vadlapudi Post, Visakhapatnam, AP, IND, 530049
Steel Exchange India Ltd is engaged in the business of manufacturing and marketing iron and steel products. The company operates in the Iron and Steel and Power segment. The division also deals with the products manufactured by the company, namely TMT bars, Sponge Iron, and Steel billet, and is marketed in some of the coastal regions. The company generates the majority of its revenue from the Iron and steel segment.
60GF Score

Get the complete analysis for BOM:534748

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

₹12.40
Price
₹8.36
GF Value