True Colors (BOM:544531) ROCE %: 19.47% (As of Mar. 2026)

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BOM:544531 True Colors Ltd BOM:544531
18 GF Score
Price ₹153.90
! 4 Warning Signs
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What is True Colors ROCE %?

True Colors BOM:544531 -4.97% 18 ROCE % is 19.47% as of Mar. 2026. GuruFocus rates BOM:544531 with a GF Score™ of 18/100. The stock has 4 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. True Colors's annualized ROCE % for the quarter that ended in Mar. 2026 was 19.47%.

True Colors  (BOM:544531) 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.

True Colors ROCE % Related Terms

True Colors ROCE % Historical Data

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The historical data trend for True Colors'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.

True Colors ROCE % Chart

True Colors Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
106.40 65.16 47.72 62.19 30.45

True Colors Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
ROCE % Get a 7-Day Free Trial 0.00 28.11 78.76 26.54 19.47
BOM:544531
18GF Score
True Colors Ltd BOM:544531
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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True Colors ROCE % Calculation

True Colors'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 )
=423.785/( ( (1549.677 - 746.094) + (2866.582 - 886.6) )/ 2 )
=423.785/( (803.583+1979.982)/ 2 )
=423.785/1391.7825
=30.45 %

True Colors'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 )
=424.722/( ( (3359.882 - 976.717) + (2866.582 - 886.6) )/ 2 )
=424.722/( ( 2383.165 + 1979.982 )/ 2 )
=424.722/2181.5735
=19.47 %

(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 19.47% mean?
True Colors (BOM:544531) has a ROCE % of 19.47% as of Mar. 2026.
Is True Colors' ROCE % too high?
True Colors' current ROCE % is 19.47%. The Business Services industry median ROCE % is 9.05. True Colors' value of 19.47% is 115.1% above this industry median. Overall, True Colors has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does True Colors' ROCE % compare to CTAS and CPRT?
True Colors' ROCE % of 19.47% can be compared against companies in the Business Services industry. The industry median ROCE % is 9.05. True Colors' value of 19.47% is 115.1% 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 a Business Services company?
The median ROCE % among Business Services companies is 9.05, based on 1,069 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. True Colors's current ROCE % of 19.47% is 115.1% 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 Business Services industry, the median ROCE % is 9.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. True Colors's current ROCE % is 19.47%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is True Colors stock overvalued right now?
True Colors (BOM:544531) has a current ROCE % of 19.47%. The current ROCE % is 19.47% and 115.1% above the Business Services industry median of 9.05. True Colors' overall GF Score™ is 18/100 with 4 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 True Colors (BOM:544531), the current ROCE % is 19.47% 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.

True Colors Business Description

Address Somakanjini Wadi Patel Line Khatodara, P-8, Ground Floor to 3rd Floor, Surat, GJ, IND, 395002
True Colors Ltd is engaged in the business of importing and distributing of digital textile printers and manufacturing and supplying of products related to the digital textile printing industry. It imports and distributes high-quality wide-format digital textile inkjet printers and also provides digital textile printing inks such as Sublimation Inks, Reactive Inks, and Disperse Inks. The company has established an in-house sublimation paper manufacturing unit, a critical component in the digital textile printing process. It generates revenue from the trading of Ink and digital printing machines.
18GF 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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