IND Renewable Energy (BOM:536709) ROCE %: -16.37% (As of Mar. 2026)

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BOM:536709 IND Renewable Energy Ltd BOM:536709
20 GF Score
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What is IND Renewable Energy ROCE %?

IND Renewable Energy BOM:536709 +0.32% 20 ROCE % is -16.37% as of Mar. 2026. GuruFocus rates BOM:536709 with a GF Score™ of 20/100. The stock has 1 warning sign 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. IND Renewable Energy's annualized ROCE % for the quarter that ended in Mar. 2026 was -16.37%.

IND Renewable Energy  (BOM:536709) 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.

IND Renewable Energy ROCE % Related Terms

IND Renewable Energy ROCE % Historical Data

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The historical data trend for IND Renewable Energy'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.

IND Renewable Energy ROCE % Chart

IND Renewable Energy 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 -4.35 -1.59 0.07 -0.24 -4.60

IND Renewable Energy 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 0.07 -0.08 -2.21 -0.04 -16.37
BOM:536709
20GF Score
IND Renewable Energy Ltd BOM:536709
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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IND Renewable Energy ROCE % Calculation

IND Renewable Energy'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 )
=-11.949/( ( (267.235 - 2.049) + (268.33 - 13.932) )/ 2 )
=-11.949/( (265.186+254.398)/ 2 )
=-11.949/259.792
=-4.60 %

IND Renewable Energy'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 )
=-41.644/( ( (0 - 0) + (268.33 - 13.932) )/ 1 )
=-41.644/( ( 0 + 254.398 )/ 1 )
=-41.644/254.398
=-16.37 %

(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 -16.37% mean?
IND Renewable Energy (BOM:536709) has a ROCE % of -16.37% as of Mar. 2026.
Is IND Renewable Energy's ROCE % too high?
IND Renewable Energy's current ROCE % is -16.37%. Overall, IND Renewable Energy has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does IND Renewable Energy's ROCE % compare to NEE and SO?
IND Renewable Energy's ROCE % of -16.37% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.96. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Utilities - Regulated company?
The median ROCE % among Utilities - Regulated companies is 6.96, based on 507 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. 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 Utilities - Regulated industry, the median ROCE % is 6.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IND Renewable Energy's current ROCE % is -16.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IND Renewable Energy stock overvalued right now?
IND Renewable Energy (BOM:536709) has a current ROCE % of -16.37%. The current ROCE % is -16.37%. IND Renewable Energy's overall GF Score™ is 20/100 with 1 warning sign 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 IND Renewable Energy (BOM:536709), the current ROCE % is -16.37% 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.

IND Renewable Energy Business Description

Address 503, Western Express Highway, Western Edge II, Borivali East, Mumbai, MH, IND, 400 066
IND Renewable Energy Ltd is engaged in the business of Roof Top Solar Plant.
20GF Score

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