Covance SoftSol (BOM:544361) ROCE %: 24.17% (As of Mar. 2026)


BOM:544361 Covance SoftSol Ltd BOM:544361
30 GF Score
Price ₹201.60
! 3 Warning Signs
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What is Covance SoftSol ROCE %?

Covance SoftSol BOM:544361 +5.00% 30 ROCE % is 24.17% as of Mar. 2026. GuruFocus rates BOM:544361 with a GF Score™ of 30/100. 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. Covance SoftSol's annualized ROCE % for the quarter that ended in Mar. 2026 was 24.17%.

Covance SoftSol  (BOM:544361) 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.

Covance SoftSol ROCE % Related Terms

Covance SoftSol ROCE % Historical Data

* Premium members only.

The historical data trend for Covance SoftSol'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.

Covance SoftSol ROCE % Chart

Covance SoftSol Annual Data
Trend Mar24 Mar25 Mar26
ROCE %
4.99 13.86 27.46

Covance SoftSol Quarterly Data
Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only 4.25 27.76 20.95 30.99 24.17
BOM:544361
30GF Score
Covance SoftSol Ltd BOM:544361
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Covance SoftSol ROCE % Calculation

Covance SoftSol'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 )
=522.532/( ( (1959.494 - 265.968) + (2799.522 - 687.51) )/ 2 )
=522.532/( (1693.526+2112.012)/ 2 )
=522.532/1902.769
=27.46 %

Covance SoftSol'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 )
=510.428/( ( (0 - 0) + (2799.522 - 687.51) )/ 1 )
=510.428/( ( 0 + 2112.012 )/ 1 )
=510.428/2112.012
=24.17 %

(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 24.17% mean?
Covance SoftSol (BOM:544361) has a ROCE % of 24.17% as of Mar. 2026.
Is Covance SoftSol's ROCE % too high?
Covance SoftSol's current ROCE % is 24.17%. The Software industry median ROCE % is 5.19. Covance SoftSol's value of 24.17% is 365.7% above this industry median. Overall, Covance SoftSol has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Covance SoftSol's ROCE % compare to IBM and ACN?
Covance SoftSol's ROCE % of 24.17% can be compared against companies in the Software industry. The industry median ROCE % is 5.19. Covance SoftSol's value of 24.17% is 365.7% 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 Software company?
The median ROCE % among Software companies is 5.19, based on 2,709 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. Covance SoftSol's current ROCE % of 24.17% is 365.7% 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 Software industry, the median ROCE % is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Covance SoftSol's current ROCE % is 24.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Covance SoftSol stock overvalued right now?
Covance SoftSol (BOM:544361) has a current ROCE % of 24.17%. The current ROCE % is 24.17% and 365.7% above the Software industry median of 5.19. Covance SoftSol's overall GF Score™ is 30/100 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 Covance SoftSol (BOM:544361), the current ROCE % is 24.17% 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.

Covance SoftSol Business Description

Address Infocity, Plot No.4, Software Units Layout, Madhapur, Shaikpet, Hyderabad, TG, IND, 500081
Covance SoftSol Ltd is engaged in the business of information and technology services. It offers various services, including business process transformation, data transformation, enterprise application transformation, and tool-assisted modernization, by utilizing technologies such as cloud, artificial intelligence, machine learning, and provides data analytics solutions with an intuitive UX/UI design. The company caters to enterprises from different industries such as healthcare, media, manufacturing, government, insurance, etc. The firm generates a majority of its revenue through the export of services, and the rest from its domestic operations.
30GF 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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