Shree Marutinandan Tubes (BOM:544083) ROCE %: 22.24% (As of Mar. 2026)

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BOM:544083 Shree Marutinandan Tubes Ltd BOM:544083
43 GF Score
Price ₹48.50
! 3 Warning Signs
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What is Shree Marutinandan Tubes ROCE %?

Shree Marutinandan Tubes BOM:544083 43 ROCE % is 22.24% as of Mar. 2026. GuruFocus rates BOM:544083 with a GF Score™ of 43/100. 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. Shree Marutinandan Tubes's annualized ROCE % for the quarter that ended in Mar. 2026 was 22.24%.

Shree Marutinandan Tubes  (BOM:544083) 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.

Shree Marutinandan Tubes ROCE % Related Terms

Shree Marutinandan Tubes ROCE % Historical Data

* Premium members only.

The historical data trend for Shree Marutinandan Tubes'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.

Shree Marutinandan Tubes ROCE % Chart

Shree Marutinandan Tubes Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial 21.52 80.93 32.33 21.85 19.69

Shree Marutinandan Tubes Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only 29.22 12.07 32.72 12.73 22.24
BOM:544083
43GF Score
Shree Marutinandan Tubes Ltd BOM:544083
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shree Marutinandan Tubes ROCE % Calculation

Shree Marutinandan Tubes'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 )
=59.707/( ( (611.156 - 389.345) + (660.97 - 276.388) )/ 2 )
=59.707/( (221.811+384.582)/ 2 )
=59.707/303.1965
=19.69 %

Shree Marutinandan Tubes'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 )
=82.528/( ( (555.486 - 197.909) + (660.97 - 276.388) )/ 2 )
=82.528/( ( 357.577 + 384.582 )/ 2 )
=82.528/371.0795
=22.24 %

(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 22.24% mean?
Shree Marutinandan Tubes (BOM:544083) has a ROCE % of 22.24% as of Mar. 2026.
Is Shree Marutinandan Tubes' ROCE % too high?
Shree Marutinandan Tubes' current ROCE % is 22.24%. The Industrial Distribution industry median ROCE % is 9.50. Shree Marutinandan Tubes' value of 22.24% is 134.1% above this industry median. Overall, Shree Marutinandan Tubes has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Shree Marutinandan Tubes' ROCE % compare to GWW and FAST?
Shree Marutinandan Tubes' ROCE % of 22.24% can be compared against companies in the Industrial Distribution industry. The industry median ROCE % is 9.50. Shree Marutinandan Tubes' value of 22.24% is 134.1% 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 Distribution company?
The median ROCE % among Industrial Distribution companies is 9.50, based on 158 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. Shree Marutinandan Tubes's current ROCE % of 22.24% is 134.1% 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 Distribution industry, the median ROCE % is 9.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shree Marutinandan Tubes's current ROCE % is 22.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shree Marutinandan Tubes stock overvalued right now?
Shree Marutinandan Tubes (BOM:544083) has a current ROCE % of 22.24%. The current ROCE % is 22.24% and 134.1% above the Industrial Distribution industry median of 9.50. Shree Marutinandan Tubes' overall GF Score™ is 43/100 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 Shree Marutinandan Tubes (BOM:544083), the current ROCE % is 22.24% 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.

Shree Marutinandan Tubes Business Description

Address S.P Ring Road, A-21, Second Floor, Amrapali Complex, Bopal, Ahmedabad, GJ, IND, 380058
Shree Marutinandan Tubes Ltd is engaged in the trading of Galvanized Pipe, Electric Resistance Welding Mild Steel (ERW MS) Pipes (round pipes, square and rectangular hollow sections in various specifications, sizes ranging from 15NB to 1000 NB and also in trading of Black Pipes and Solar Structural Pipes. Its products are widely used in various industries like Agriculture, Oil, Public Health, Housing, Irrigation, Engineering, Infrastructural, Industrial etc.
43GF Score

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

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