Sonal Mercantile (BOM:538943) ROCE %: 4.26% (As of Mar. 2026)

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BOM:538943 Sonal Mercantile Ltd BOM:538943
74 GF Score
Price ₹93.70
GF Value ₹111.38
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Sonal Mercantile ROCE %?

Sonal Mercantile BOM:538943 74 ROCE % is 4.26% as of Mar. 2026. GuruFocus rates BOM:538943 with a GF Score™ of 74/100 and a GF Value™ of ₹111.38 (Modestly Undervalued). The stock has 3 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. Sonal Mercantile's annualized ROCE % for the quarter that ended in Mar. 2026 was 4.26%.

Sonal Mercantile  (BOM:538943) 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.

Sonal Mercantile ROCE % Related Terms

Sonal Mercantile ROCE % Historical Data

* Premium members only.

The historical data trend for Sonal Mercantile'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.

Sonal Mercantile ROCE % Chart

Sonal Mercantile 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 2.04 2.04 2.56 2.24 2.34

Sonal Mercantile 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 2.36 1.95 1.83 1.10 4.26
BOM:538943
74GF Score
Sonal Mercantile Ltd BOM:538943
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sonal Mercantile ROCE % Calculation

Sonal Mercantile'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 )
=154.962/( ( (6316.437 - 37.265) + (6967.245 - 0) )/ 2 )
=154.962/( (6279.172+6967.245)/ 2 )
=154.962/6623.2085
=2.34 %

Sonal Mercantile'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 )
=296.528/( ( (0 - 0) + (6967.245 - 0) )/ 1 )
=296.528/( ( 0 + 6967.245 )/ 1 )
=296.528/6967.245
=4.26 %

(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 4.26% mean?
Sonal Mercantile (BOM:538943) has a ROCE % of 4.26% as of Mar. 2026.
Is Sonal Mercantile's ROCE % too high?
Sonal Mercantile's current ROCE % is 4.26%. The Credit Services industry median ROCE % is 3.53. Sonal Mercantile's value of 4.26% is 20.7% above this industry median. Overall, Sonal Mercantile has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sonal Mercantile's ROCE % compare to V and MA?
Sonal Mercantile's ROCE % of 4.26% can be compared against companies in the Credit Services industry. The industry median ROCE % is 3.53. Sonal Mercantile's value of 4.26% is 20.7% 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 Credit Services company?
The median ROCE % among Credit Services companies is 3.53, based on 417 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. Sonal Mercantile's current ROCE % of 4.26% is 20.7% 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 Credit Services industry, the median ROCE % is 3.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sonal Mercantile's current ROCE % is 4.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sonal Mercantile stock overvalued right now?
Based on GuruFocus' analysis, Sonal Mercantile (BOM:538943) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹111.38, compared to a current price of ₹93.70 — trading 15.9% below its estimated fair value. The current ROCE % is 4.26% and 20.7% above the Credit Services industry median of 3.53. Sonal Mercantile's overall GF Score™ is 74/100 with 3 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 Sonal Mercantile (BOM:538943), the current ROCE % is 4.26% 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 Sonal Mercantile (BOM:538943) Overvalued in 2026?

Based on GuruFocus' analysis, Sonal Mercantile stock appears to be undervalued. The current stock price of ₹93.70 is trading 15.9% below its estimated GF Value™ of ₹111.38. GuruFocus considers Sonal Mercantile to be Modestly Undervalued.

Key valuation signals for BOM:538943:

  • ROCE %: 4.26%
  • GF Value™: ₹111.38 vs. price of ₹93.70 (15.9% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 20.7% above the Credit Services median

No single metric tells the full story. See the BOM:538943 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sonal Mercantile Business Description

Address 365, Vardhman Plaza, III Floor, Sector-3, Rohini, New Delhi, IND, 110085
Sonal Mercantile Ltd is an India-based non-banking financial company. It is engaged in providing secured and unsecured loans and advances and is also involved in investing in quoted and unquoted securities in the stock and commodity markets. The company offers inter-corporate loans, personal loans, long-term and short-term loans, Trade financing, Bills Discounting, Project Appraisal, Loans against Guarantees, and Properties.
74GF Score

Get the complete analysis for BOM:538943

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

₹93.70
Price
₹111.38
GF Value