JTL Defence (BOM:537254) ROCE %: 11.32% (As of Mar. 2026)


BOM:537254 JTL Defence Ltd BOM:537254
34 GF Score
Price ₹506.80
GF Value ₹54.42
Valuation Significantly Overvalued
! 9 Warning Signs
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What is JTL Defence ROCE %?

JTL Defence BOM:537254 +4.99% 34 ROCE % is 11.32% as of Mar. 2026. GuruFocus rates BOM:537254 with a GF Score™ of 34/100 and a GF Value™ of ₹54.42 (Significantly Overvalued). The stock has 9 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. JTL Defence's annualized ROCE % for the quarter that ended in Mar. 2026 was 11.32%.

JTL Defence  (BOM:537254) 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.

JTL Defence ROCE % Related Terms

JTL Defence ROCE % Historical Data

* Premium members only.

The historical data trend for JTL Defence'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.

JTL Defence ROCE % Chart

JTL Defence 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 0.00 0.00 0.00 1.33

JTL Defence Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 0.00 0.00 0.00 0.00 11.32
BOM:537254
34GF Score
JTL Defence Ltd BOM:537254
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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JTL Defence ROCE % Calculation

JTL Defence'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 )
=11.344/( ( (914.132 - 2253.792) + (3304.691 - 257.606) )/ 2 )
=11.344/( (-1339.66+3047.085)/ 2 )
=11.344/853.7125
=1.33 %

JTL Defence'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: Sep. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=95.856/( ( (901.738 - 2254.912) + (3304.691 - 257.606) )/ 2 )
=95.856/( ( -1353.174 + 3047.085 )/ 2 )
=95.856/846.9555
=11.32 %

(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 11.32% mean?
JTL Defence (BOM:537254) has a ROCE % of 11.32% as of Mar. 2026.
Is JTL Defence's ROCE % too high?
JTL Defence's current ROCE % is 11.32%. Overall, JTL Defence has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JTL Defence's ROCE % compare to SCCO and FCX?
JTL Defence's ROCE % of 11.32% can be compared against companies in the Metals & Mining industry. 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 Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. 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. JTL Defence's current ROCE % is 11.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JTL Defence stock overvalued right now?
Based on GuruFocus' analysis, JTL Defence (BOM:537254) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹54.42, compared to a current price of ₹506.80 — trading 831.3% above its estimated fair value. The current ROCE % is 11.32%. JTL Defence's overall GF Score™ is 34/100 with 9 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 JTL Defence (BOM:537254), the current ROCE % is 11.32% 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 JTL Defence (BOM:537254) Overvalued in 2026?

Based on GuruFocus' analysis, JTL Defence stock appears to be overvalued. The current stock price of ₹506.80 is trading 831.3% above its estimated GF Value™ of ₹54.42. GuruFocus considers JTL Defence to be Significantly Overvalued.

Key valuation signals for BOM:537254:

  • ROCE %: 11.32%
  • GF Value™: ₹54.42 vs. price of ₹506.80 (831.3% above fair value)
  • GF Score™: 34/100 with 9 warning signs

No single metric tells the full story. See the BOM:537254 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

JTL Defence Business Description

Address Asaf Ali Road, 1/10-B, First Floor, MPL No-VIII / 3428, Munshi Niketan Building, Central Delhi, Delhi, IND, 110002
JTL Defence Ltd, formerly RCI Industries & Technologies Ltd is principally engaged in the manufacturing of copper and copper products. The main objective of the company is to manufacture, import, export, trade, and deal in all types of metal and metal products. Its product range includes Round and Flat Rolled Copper and Copper Alloys, which are used for various electrical and industrial applications in different industries, such as automobile, engineering, defense, construction, electronics, and others. The majority of the company's revenue is derived from the sales of its products in the domestic market.
34GF Score

Get the complete analysis for BOM:537254

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

₹506.80
Price
₹54.42
GF Value