Harish Textile Engineers (BOM:542682) ROCE %: 72.46% (As of Mar. 2026)

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BOM:542682 Harish Textile Engineers Ltd BOM:542682
76 GF Score
Price ₹70.84
GF Value ₹66.31
Valuation Fairly Valued
! 2 Warning Signs
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What is Harish Textile Engineers ROCE %?

Harish Textile Engineers BOM:542682 +1.71% 76 ROCE % is 72.46% as of Mar. 2026. GuruFocus rates BOM:542682 with a GF Score™ of 76/100 and a GF Value™ of ₹66.31 (Fairly Valued). 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. Harish Textile Engineers's annualized ROCE % for the quarter that ended in Mar. 2026 was 72.46%.

Harish Textile Engineers  (BOM:542682) 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.

Harish Textile Engineers ROCE % Related Terms

Harish Textile Engineers ROCE % Historical Data

* Premium members only.

The historical data trend for Harish Textile Engineers'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.

Harish Textile Engineers ROCE % Chart

Harish Textile Engineers 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 21.51 18.47 25.22 29.45 81.63

Harish Textile Engineers 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 74.07 81.60 84.38 97.37 72.46
BOM:542682
76GF Score
Harish Textile Engineers Ltd BOM:542682
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Harish Textile Engineers ROCE % Calculation

Harish Textile Engineers'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 )
=112.947/( ( (761.974 - 646.505) + (804.332 - 643.062) )/ 2 )
=112.947/( (115.469+161.27)/ 2 )
=112.947/138.3695
=81.63 %

Harish Textile Engineers'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 )
=116.852/( ( (0 - 0) + (804.332 - 643.062) )/ 1 )
=116.852/( ( 0 + 161.27 )/ 1 )
=116.852/161.27
=72.46 %

(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 72.46% mean?
Harish Textile Engineers (BOM:542682) has a ROCE % of 72.46% as of Mar. 2026.
Is Harish Textile Engineers' ROCE % too high?
Harish Textile Engineers' current ROCE % is 72.46%. The Industrial Products industry median ROCE % is 7.19. Harish Textile Engineers' value of 72.46% is 908.5% above this industry median. Overall, Harish Textile Engineers has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Harish Textile Engineers' ROCE % compare to GEV and ETN?
Harish Textile Engineers' ROCE % of 72.46% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.19. Harish Textile Engineers' value of 72.46% is 908.5% 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 an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.19, based on 3,026 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. Harish Textile Engineers's current ROCE % of 72.46% is 908.5% 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 Industrial Products industry, the median ROCE % is 7.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harish Textile Engineers's current ROCE % is 72.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harish Textile Engineers stock overvalued right now?
Based on GuruFocus' analysis, Harish Textile Engineers (BOM:542682) is currently considered Fairly Valued. The stock's GF Value™ is ₹66.31, compared to a current price of ₹70.84 — trading 6.8% above its estimated fair value. The current ROCE % is 72.46% and 908.5% above the Industrial Products industry median of 7.19. Harish Textile Engineers' overall GF Score™ is 76/100 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 Harish Textile Engineers (BOM:542682), the current ROCE % is 72.46% 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 Harish Textile Engineers (BOM:542682) Overvalued in 2026?

Based on GuruFocus' analysis, Harish Textile Engineers stock appears to be overvalued. The current stock price of ₹70.84 is trading 6.8% above its estimated GF Value™ of ₹66.31. GuruFocus considers Harish Textile Engineers to be Fairly Valued.

Key valuation signals for BOM:542682:

  • ROCE %: 72.46%
  • GF Value™: ₹66.31 vs. price of ₹70.84 (6.8% above fair value)
  • GF Score™: 76/100 with 2 warning signs
  • Industry Position: 908.5% above the Industrial Products median

No single metric tells the full story. See the BOM:542682 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Harish Textile Engineers Business Description

Address 19, Parsi Panchayat Road, 2nd Floor, Andheri (East), Mumbai, MH, IND, 400069
Harish Textile Engineers Ltd is engaged in the manufacturing of textile processing and finishing machinery, the production of non-woven fabrics, and the production of polyester staple fiber. Its segments include Textile Engineering, Non-Woven and PSF. It offers products such as Stenter, Rotary Printing, Jigger, Dyeing Padder, Coater, Scouring, Curing, Relax Dryer, fabrics for automotive interiors, shoe liners, and various other products. The company generates key revenue from the Non-Woven segment.
76GF Score

Get the complete analysis for BOM:542682

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

₹70.84
Price
₹66.31
GF Value