Jet Solar (BOM:538794) ROCE %: 0.23% (As of Mar. 2026)


BOM:538794 Jet Solar Ltd BOM:538794
57 GF Score
Price ₹8.00
GF Value ₹9.74
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Jet Solar ROCE %?

Jet Solar BOM:538794 -0.37% 57 ROCE % is 0.23% as of Mar. 2026. GuruFocus rates BOM:538794 with a GF Score™ of 57/100 and a GF Value™ of ₹9.74 (Modestly Undervalued). The stock has 4 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. Jet Solar's annualized ROCE % for the quarter that ended in Mar. 2026 was 0.23%.

Jet Solar  (BOM:538794) 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.

Jet Solar ROCE % Related Terms

Jet Solar ROCE % Historical Data

* Premium members only.

The historical data trend for Jet Solar'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.

Jet Solar ROCE % Chart

Jet Solar 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 1.47 1.01 1.12 0.91 0.26

Jet Solar Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 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 1.61 7.29 -2.49 0.27 0.23
BOM:538794
57GF Score
Jet Solar Ltd BOM:538794
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Jet Solar ROCE % Calculation

Jet Solar'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 )
=0.503/( ( (226.64 - 47.991) + (221.638 - 13.91) )/ 2 )
=0.503/( (178.649+207.728)/ 2 )
=0.503/193.1885
=0.26 %

Jet Solar'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 )
=0.478/( ( (222.266 - 14.696) + (221.638 - 13.91) )/ 2 )
=0.478/( ( 207.57 + 207.728 )/ 2 )
=0.478/207.649
=0.23 %

(1) Note: The EBIT data used here is two times the semi-annual (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 0.23% mean?
Jet Solar (BOM:538794) has a ROCE % of 0.23% as of Mar. 2026.
Is Jet Solar's ROCE % too high?
Jet Solar's current ROCE % is 0.23%. The Real Estate industry median ROCE % is 4.64. Jet Solar's value of 0.23% is 95% below this industry median. Overall, Jet Solar has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jet Solar's ROCE % compare to competitors?
Jet Solar's ROCE % of 0.23% can be compared against companies in the Real Estate industry. The industry median ROCE % is 4.64. Jet Solar's value of 0.23% is 95% below 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 Real Estate company?
The median ROCE % among Real Estate companies is 4.64, based on 1,756 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. Jet Solar's current ROCE % of 0.23% is 95% below 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 Real Estate industry, the median ROCE % is 4.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jet Solar's current ROCE % is 0.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jet Solar stock overvalued right now?
Based on GuruFocus' analysis, Jet Solar (BOM:538794) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹9.74, compared to a current price of ₹8.00 — trading 17.9% below its estimated fair value. The current ROCE % is 0.23% and 95% below the Real Estate industry median of 4.64. Jet Solar's overall GF Score™ is 57/100 with 4 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 Jet Solar (BOM:538794), the current ROCE % is 0.23% 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 Jet Solar (BOM:538794) Overvalued in 2026?

Based on GuruFocus' analysis, Jet Solar stock appears to be undervalued. The current stock price of ₹8.00 is trading 17.9% below its estimated GF Value™ of ₹9.74. GuruFocus considers Jet Solar to be Modestly Undervalued.

Key valuation signals for BOM:538794:

  • ROCE %: 0.23%
  • GF Value™: ₹9.74 vs. price of ₹8.00 (17.9% below fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 95% below the Real Estate median

No single metric tells the full story. See the BOM:538794 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Jet Solar Business Description

Address Kandivali Link Road, Office No.1, 1st Floor, Nandanvan Apartment, E Wing, Opposite Laljipada Police Chowki, Kandivali (W, Mumbai, MH, IND, 400 067
Jet Solar Ltd focuses on residential projects in the States of Maharashtra and Gujarat by developing projects featuring apt model of execution. The company develops projects on affordable pricing to its prospective customers, without compromising on quality construction. It constructs properties for residential and commercial purposes.
57GF Score

Get the complete analysis for BOM:538794

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

₹8.00
Price
₹9.74
GF Value