Riddhi Steel and Tube (BOM:540082) ROCE %: 22.12% (As of Mar. 2026)


BOM:540082 Riddhi Steel and Tube Ltd BOM:540082
50 GF Score
Price ₹196.40
GF Value ₹85.08
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Riddhi Steel and Tube ROCE %?

Riddhi Steel and Tube BOM:540082 50 ROCE % is 22.12% as of Mar. 2026. GuruFocus rates BOM:540082 with a GF Score™ of 50/100 and a GF Value™ of ₹85.08 (Significantly Overvalued). 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. Riddhi Steel and Tube's annualized ROCE % for the quarter that ended in Mar. 2026 was 22.12%.

Riddhi Steel and Tube  (BOM:540082) 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.

Riddhi Steel and Tube ROCE % Related Terms

Riddhi Steel and Tube ROCE % Historical Data

* Premium members only.

The historical data trend for Riddhi Steel and Tube'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.

Riddhi Steel and Tube ROCE % Chart

Riddhi Steel and Tube 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 13.57 16.11 18.08 21.08 26.15

Riddhi Steel and Tube 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 17.25 20.80 22.58 27.75 22.12
BOM:540082
50GF Score
Riddhi Steel and Tube Ltd BOM:540082
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Riddhi Steel and Tube ROCE % Calculation

Riddhi Steel and Tube'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 )
=297.029/( ( (2009.162 - 932.832) + (2167.277 - 972.297) )/ 2 )
=297.029/( (1076.33+1194.98)/ 2 )
=297.029/1135.655
=26.15 %

Riddhi Steel and Tube'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 )
=270.804/( ( (2153.921 - 900.537) + (2167.277 - 972.297) )/ 2 )
=270.804/( ( 1253.384 + 1194.98 )/ 2 )
=270.804/1224.182
=22.12 %

(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 22.12% mean?
Riddhi Steel and Tube (BOM:540082) has a ROCE % of 22.12% as of Mar. 2026.
Is Riddhi Steel and Tube's ROCE % too high?
Riddhi Steel and Tube's current ROCE % is 22.12%. The Steel industry median ROCE % is 5.52. Riddhi Steel and Tube's value of 22.12% is 300.7% above this industry median. Overall, Riddhi Steel and Tube has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Riddhi Steel and Tube's ROCE % compare to NUE and STLD?
Riddhi Steel and Tube's ROCE % of 22.12% can be compared against companies in the Steel industry. The industry median ROCE % is 5.52. Riddhi Steel and Tube's value of 22.12% is 300.7% 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 Steel company?
The median ROCE % among Steel companies is 5.52, based on 619 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. Riddhi Steel and Tube's current ROCE % of 22.12% is 300.7% 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 Steel industry, the median ROCE % is 5.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Riddhi Steel and Tube's current ROCE % is 22.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riddhi Steel and Tube stock overvalued right now?
Based on GuruFocus' analysis, Riddhi Steel and Tube (BOM:540082) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹85.08, compared to a current price of ₹196.40 — trading 130.8% above its estimated fair value. The current ROCE % is 22.12% and 300.7% above the Steel industry median of 5.52. Riddhi Steel and Tube's overall GF Score™ is 50/100 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 Riddhi Steel and Tube (BOM:540082), the current ROCE % is 22.12% 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 Riddhi Steel and Tube (BOM:540082) Overvalued in 2026?

Based on GuruFocus' analysis, Riddhi Steel and Tube stock appears to be overvalued. The current stock price of ₹196.40 is trading 130.8% above its estimated GF Value™ of ₹85.08. GuruFocus considers Riddhi Steel and Tube to be Significantly Overvalued.

Key valuation signals for BOM:540082:

  • ROCE %: 22.12%
  • GF Value™: ₹85.08 vs. price of ₹196.40 (130.8% above fair value)
  • GF Score™: 50/100 with 1 warning sign
  • Industry Position: 300.7% above the Steel median

No single metric tells the full story. See the BOM:540082 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Riddhi Steel and Tube Business Description

Address Piplaj Pirana Road, 83/84, Opposite Devraj Industrial Park, Post- Aslali, Village - Kamod, Ahmedabad, GJ, IND, 382427
Riddhi Steel and Tube Ltd is engaged in manufacturing and galvanised steel pipes in various sizes, tubes, and hollow profiles and of tube and pipe fittings of cast iron or cast steel. The product line of the company includes MS Black Pipes, Pre-Galvanised Pipes, and Galvanised Pipes, which are used in agriculture, industry, and construction activities like scaffolding and casing in bore wells; Square and Rectangular Hollow Sections used in engineering applications, Pre-Galvanised Pipes used by various manufacturers. The company generates all of its revenue from Domestic sales.
50GF Score

Get the complete analysis for BOM:540082

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

₹196.40
Price
₹85.08
GF Value