Bharat Road Network (BOM:540700) ROCE %: -47.09% (As of Mar. 2026)


BOM:540700 Bharat Road Network Ltd BOM:540700
56 GF Score
Price ₹18.50
GF Value ₹16.63
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Bharat Road Network ROCE %?

Bharat Road Network BOM:540700 -1.28% 56 ROCE % is -47.09% as of Mar. 2026. GuruFocus rates BOM:540700 with a GF Score™ of 56/100 and a GF Value™ of ₹16.63 (Modestly Overvalued). 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. Bharat Road Network's annualized ROCE % for the quarter that ended in Mar. 2026 was -47.09%.

Bharat Road Network  (BOM:540700) 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.

Bharat Road Network ROCE % Related Terms

Bharat Road Network ROCE % Historical Data

* Premium members only.

The historical data trend for Bharat Road Network'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.

Bharat Road Network ROCE % Chart

Bharat Road Network 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 -9.46 -1.98 3.66 15.88 -6.79

Bharat Road Network 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 -3.33 6.84 5.02 10.19 -47.09
BOM:540700
56GF Score
Bharat Road Network Ltd BOM:540700
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bharat Road Network ROCE % Calculation

Bharat Road Network'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 )
=-591.059/( ( (14345.604 - 6289.933) + (14355.071 - 5002.49) )/ 2 )
=-591.059/( (8055.671+9352.581)/ 2 )
=-591.059/8704.126
=-6.79 %

Bharat Road Network'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 )
=-4404.308/( ( (0 - 0) + (14355.071 - 5002.49) )/ 1 )
=-4404.308/( ( 0 + 9352.581 )/ 1 )
=-4404.308/9352.581
=-47.09 %

(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 -47.09% mean?
Bharat Road Network (BOM:540700) has a ROCE % of -47.09% as of Mar. 2026.
Is Bharat Road Network's ROCE % too high?
Bharat Road Network's current ROCE % is -47.09%. Overall, Bharat Road Network has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bharat Road Network's ROCE % compare to competitors?
Bharat Road Network's ROCE % of -47.09% can be compared against companies in the Construction industry. The industry median ROCE % is 8.22. 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 Construction company?
The median ROCE % among Construction companies is 8.22, based on 1,749 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. 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 Construction industry, the median ROCE % is 8.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharat Road Network's current ROCE % is -47.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Road Network stock overvalued right now?
Based on GuruFocus' analysis, Bharat Road Network (BOM:540700) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹16.63, compared to a current price of ₹18.50 — trading 11.2% above its estimated fair value. The current ROCE % is -47.09%. Bharat Road Network's overall GF Score™ is 56/100 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 Bharat Road Network (BOM:540700), the current ROCE % is -47.09% 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 Bharat Road Network (BOM:540700) Overvalued in 2026?

Based on GuruFocus' analysis, Bharat Road Network stock appears to be overvalued. The current stock price of ₹18.50 is trading 11.2% above its estimated GF Value™ of ₹16.63. GuruFocus considers Bharat Road Network to be Modestly Overvalued.

Key valuation signals for BOM:540700:

  • ROCE %: -47.09%
  • GF Value™: ₹16.63 vs. price of ₹18.50 (11.2% above fair value)
  • GF Score™: 56/100 with 3 warning signs

No single metric tells the full story. See the BOM:540700 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Bharat Road Network Business Description

Other Exchanges BRNL:India
Address Block- EP, Sector -V, Salt Lake City, Plot No. X1-2 & 3, Ground Floor, Kolkata, WB, IND, 700091
Bharat Road Network Ltd is a road BOT company in India which is focused on the development, implementation, operation and maintenance of roads and highways projects. The company is a developer and operator of highways, roads and related projects on a BOT basis. The company is involved in the development, operation and maintenance of national and state highways in several states in India with experience of managing projects in the states of Uttar Pradesh, Kerala, Haryana, Madhya Pradesh, Maharashtra and Odisha through partnerships with experienced EPC players in the local space where the project is located.
56GF Score

Get the complete analysis for BOM:540700

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

₹18.50
Price
₹16.63
GF Value