Redmax Footwears (BOM:537524) ROCE %: 0.00% (As of Mar. 2026)


BOM:537524 Redmax Footwears Ltd BOM:537524
4 GF Score
Price ₹97.00
! 2 Warning Signs
View Full Analysis

What is Redmax Footwears ROCE %?

Redmax Footwears BOM:537524 4 ROCE % is 0.00% as of Mar. 2026. GuruFocus rates BOM:537524 with a GF Score™ of 4/100. 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. Redmax Footwears's annualized ROCE % for the quarter that ended in Mar. 2026 was 0.00%.

Redmax Footwears  (BOM:537524) 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.

Redmax Footwears ROCE % Related Terms

Redmax Footwears ROCE % Historical Data

* Premium members only.

The historical data trend for Redmax Footwears'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.

Redmax Footwears ROCE % Chart

Redmax Footwears Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.87 0.00 0.00 0.00 0.00

Redmax Footwears Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar23 Sep23 Dec23 Mar24 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 0.00 0.00 0.00 0.00 0.00
BOM:537524
4GF Score
Redmax Footwears Ltd BOM:537524
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Redmax Footwears ROCE % Calculation

Redmax Footwears'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 )
=-1.678/( ( (1.446 - 3.706) + (0.28 - 4.287) )/ 2 )
=-1.678/( (-2.26+-4.007)/ 2 )
=-1.678/-3.1335
=53.55 %

Redmax Footwears'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 )
=-1.428/( ( (0 - 0) + (0.28 - 4.287) )/ 1 )
=-1.428/( ( 0 + -4.007 )/ 1 )
=-1.428/-4.007
=0 %

(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 0.00% mean?
Redmax Footwears (BOM:537524) has a ROCE % of 0.00% as of Mar. 2026.
Is Redmax Footwears' ROCE % too high?
Redmax Footwears' current ROCE % is 0.00%. Overall, Redmax Footwears has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Redmax Footwears' ROCE % compare to AAPL and SONO?
Redmax Footwears' ROCE % of 0.00% can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good ROCE % depends on the Diversified Financial Services 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. Redmax Footwears's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redmax Footwears stock overvalued right now?
Redmax Footwears (BOM:537524) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Redmax Footwears' overall GF Score™ is 4/100 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 Redmax Footwears (BOM:537524), the current ROCE % is 0.00% 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.

Redmax Footwears Business Description

Address SVP Nagar, Janki Devi School Road, Saisha Bungalow Number - 10/87, Mhada, Versova, Andheri (West), Mumbai, MH, IND, 400053
Redmax Footwears Ltd currently does not have any operations and is in the process of starting a new business.
4GF Score

Get the complete analysis for BOM:537524

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

₹97.00
Price