Jash Engineering (BOM:544402) ROCE %: 50.28% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:544402 Jash Engineering Ltd BOM:544402
77 GF Score
Price ₹504.00
GF Value ₹610.94
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Jash Engineering ROCE %?

Jash Engineering BOM:544402 +2.29% 77 ROCE % is 50.28% as of Mar. 2026. GuruFocus rates BOM:544402 with a GF Score™ of 77/100 and a GF Value™ of ₹610.94 (Modestly Undervalued). 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. Jash Engineering's annualized ROCE % for the quarter that ended in Mar. 2026 was 50.28%.


Jash Engineering  (BOM:544402) 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.


Jash Engineering ROCE % Related Terms


Jash Engineering ROCE % Historical Data

* Premium members only.

The historical data trend for Jash Engineering'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.

Jash Engineering ROCE % Chart

Jash Engineering 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 20.72 27.29 29.10 28.84 19.73

Jash Engineering 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 47.25 -2.81 14.40 13.16 50.28
BOM:544402
77GF Score
Jash Engineering Ltd BOM:544402
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jash Engineering ROCE % Calculation

Jash Engineering'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 )
=1028.782/( ( (7478.481 - 2834.906) + (8805.968 - 3020.385) )/ 2 )
=1028.782/( (4643.575+5785.583)/ 2 )
=1028.782/5214.579
=19.73 %

Jash Engineering'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 )
=2908.756/( ( (0 - 0) + (8805.968 - 3020.385) )/ 1 )
=2908.756/( ( 0 + 5785.583 )/ 1 )
=2908.756/5785.583
=50.28 %

(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 50.28% mean?
Jash Engineering (BOM:544402) has a ROCE % of 50.28% as of Mar. 2026.
Is Jash Engineering's ROCE % too high?
Jash Engineering's current ROCE % is 50.28%. The Industrial Products industry median ROCE % is 7.09. Jash Engineering's value of 50.28% is 609.2% above this industry median. Overall, Jash Engineering has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jash Engineering's ROCE % compare to GEV and ETN?
Jash Engineering's ROCE % of 50.28% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.09. Jash Engineering's value of 50.28% is 609.2% 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 7.09, based on 3,029 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. Jash Engineering's current ROCE % of 50.28% is 609.2% 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 7.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jash Engineering's current ROCE % is 50.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jash Engineering stock overvalued right now?
Based on GuruFocus' analysis, Jash Engineering (BOM:544402) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹610.94, compared to a current price of ₹504.00 — trading 17.5% below its estimated fair value. The current ROCE % is 50.28% and 609.2% above the Industrial Products industry median of 7.09. Jash Engineering's overall GF Score™ is 77/100 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 Jash Engineering (BOM:544402), the current ROCE % is 50.28% 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 Jash Engineering (BOM:544402) Overvalued in 2026?

Based on GuruFocus' analysis, Jash Engineering stock appears to be undervalued. The current stock price of ₹504.00 is trading 17.5% below its estimated GF Value™ of ₹610.94. GuruFocus considers Jash Engineering to be Modestly Undervalued.

Key valuation signals for BOM:544402:

  • ROCE %: 50.28%
  • GF Value™: ₹610.94 vs. price of ₹504.00 (17.5% below fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 609.2% above the Industrial Products median

No single metric tells the full story. See the BOM:544402 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jash Engineering Business Description

Other Exchanges JASH:India
Address 31, Sector-C, Sanwer Road, Industrial Area, Indore, MP, IND, 452015
Jash Engineering Ltd is an Indian company engaged in the manufacturing and trading of varied engineering products for the general engineering industry, water and wastewater industry, power plants, and bulk solids handling industry. The products of the company include water control gates, mechanized screening systems, screening conveying and washing systems, knife gate valves, water hammer control valves, energy dissipating valves, Archimedes screw pumps, micro-hydro turbines, clarifiers, clarifloculators, flash mixers, and others. Geographically, the company generates maximum revenue from its business outside India through exports, and the rest from its customers within India.
77GF Score

Get the complete analysis for BOM:544402

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

₹504.00
Price
₹610.94
GF Value