Machhar Industries (BOM:543934) ROCE %: 11.90% (As of Mar. 2026)


BOM:543934 Machhar Industries Ltd BOM:543934
79 GF Score
Price ₹308.00
GF Value ₹304.85
Valuation Fairly Valued
! 3 Warning Signs
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What is Machhar Industries ROCE %?

Machhar Industries BOM:543934 79 ROCE % is 11.90% as of Mar. 2026. GuruFocus rates BOM:543934 with a GF Score™ of 79/100 and a GF Value™ of ₹304.85 (Fairly Valued). 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. Machhar Industries's annualized ROCE % for the quarter that ended in Mar. 2026 was 11.90%.

Machhar Industries  (BOM:543934) 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.

Machhar Industries ROCE % Related Terms

Machhar Industries ROCE % Historical Data

* Premium members only.

The historical data trend for Machhar Industries'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.

Machhar Industries ROCE % Chart

Machhar Industries Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial 11.79 5.41 8.51 4.24 9.79

Machhar Industries Quarterly Data
Mar19 Mar20 Mar21 Mar22 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 11.87 6.31 6.01 14.68 11.90
BOM:543934
79GF Score
Machhar Industries Ltd BOM:543934
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Machhar Industries ROCE % Calculation

Machhar Industries'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 )
=10.025/( ( (130.267 - 30.048) + (138.492 - 33.943) )/ 2 )
=10.025/( (100.219+104.549)/ 2 )
=10.025/102.384
=9.79 %

Machhar Industries'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 )
=12.444/( ( (0 - 0) + (138.492 - 33.943) )/ 1 )
=12.444/( ( 0 + 104.549 )/ 1 )
=12.444/104.549
=11.90 %

(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 11.90% mean?
Machhar Industries (BOM:543934) has a ROCE % of 11.90% as of Mar. 2026.
Is Machhar Industries' ROCE % too high?
Machhar Industries' current ROCE % is 11.90%. The Chemicals industry median ROCE % is 6.48. Machhar Industries' value of 11.90% is 83.8% above this industry median. Overall, Machhar Industries has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Machhar Industries' ROCE % compare to LIN and SHW?
Machhar Industries' ROCE % of 11.90% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.48. Machhar Industries' value of 11.90% is 83.8% 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 Chemicals company?
The median ROCE % among Chemicals companies is 6.48, based on 1,586 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. Machhar Industries's current ROCE % of 11.90% is 83.8% 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 Chemicals industry, the median ROCE % is 6.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Machhar Industries's current ROCE % is 11.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Machhar Industries stock overvalued right now?
Based on GuruFocus' analysis, Machhar Industries (BOM:543934) is currently considered Fairly Valued. The stock's GF Value™ is ₹304.85, compared to a current price of ₹308.00 — trading 1% above its estimated fair value. The current ROCE % is 11.90% and 83.8% above the Chemicals industry median of 6.48. Machhar Industries' overall GF Score™ is 79/100 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 Machhar Industries (BOM:543934), the current ROCE % is 11.90% 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 Machhar Industries (BOM:543934) Overvalued in 2026?

Based on GuruFocus' analysis, Machhar Industries stock appears to be overvalued. The current stock price of ₹308.00 is trading 1% above its estimated GF Value™ of ₹304.85. GuruFocus considers Machhar Industries to be Fairly Valued.

Key valuation signals for BOM:543934:

  • ROCE %: 11.90%
  • GF Value™: ₹304.85 vs. price of ₹308.00 (1% above fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 83.8% above the Chemicals median

No single metric tells the full story. See the BOM:543934 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Machhar Industries Business Description

Address Jalna Road, Mondha Naka, City Pride Building, 1st Floor, FF-107, Above Domino’s, Aurangabad, MH, IND, 431001
Machhar Industries Ltd is engaged in converting Ammonium Nitrate from melt form to solid form, in accordance with the specific terms and requirements of its customers. In addition to this core activity, the company is also engaged in the transportation of Ammonium Nitrate and other chemical products. The company operates with three distinct divisions: the explosive division, the transportation division, and Adblue (DEF). The company generates maximum revenue from the Transportation division. The company is also engaged in the production of Diesel Exhaust Fuel at the factory.
79GF Score

Get the complete analysis for BOM:543934

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

₹308.00
Price
₹304.85
GF Value