Mittal Sections (BOM:544575) ROCE %: 12.55% (As of Mar. 2026)

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BOM:544575 Mittal Sections Ltd BOM:544575
13 GF Score
Price ₹28.15
! 6 Warning Signs
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What is Mittal Sections ROCE %?

Mittal Sections BOM:544575 13 ROCE % is 12.55% as of Mar. 2026. GuruFocus rates BOM:544575 with a GF Score™ of 13/100. The stock has 6 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. Mittal Sections's annualized ROCE % for the quarter that ended in Mar. 2026 was 12.55%.


Mittal Sections  (BOM:544575) 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.


Mittal Sections ROCE % Related Terms


Mittal Sections ROCE % Historical Data

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The historical data trend for Mittal Sections'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.

Mittal Sections ROCE % Chart

Mittal Sections Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROCE %
17.95 36.28 37.85 15.26

Mittal Sections Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
ROCE % 0.00 0.00 27.41 12.55
BOM:544575
13GF Score
Mittal Sections Ltd BOM:544575
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mittal Sections ROCE % Calculation

Mittal Sections'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 )
=73.112/( ( (454.157 - 223.718) + (986.558 - 259.079) )/ 2 )
=73.112/( (230.439+727.479)/ 2 )
=73.112/478.959
=15.26 %

Mittal Sections'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: Mar. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Mar. 2025 )(Q: Mar. 2026 )
=60.128/( ( (454.157 - 223.718) + (986.558 - 259.079) )/ 2 )
=60.128/( ( 230.439 + 727.479 )/ 2 )
=60.128/478.959
=12.55 %

(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 12.55% mean?
Mittal Sections (BOM:544575) has a ROCE % of 12.55% as of Mar. 2026.
Is Mittal Sections' ROCE % too high?
Mittal Sections' current ROCE % is 12.55%. The Steel industry median ROCE % is 5.70. Mittal Sections' value of 12.55% is 120.2% above this industry median. Overall, Mittal Sections has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Mittal Sections' ROCE % compare to NUE and STLD?
Mittal Sections' ROCE % of 12.55% can be compared against companies in the Steel industry. The industry median ROCE % is 5.70. Mittal Sections' value of 12.55% is 120.2% 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 a Steel company?
The median ROCE % among Steel companies is 5.70, based on 621 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. Mittal Sections's current ROCE % of 12.55% is 120.2% 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 Steel industry, the median ROCE % is 5.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mittal Sections's current ROCE % is 12.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mittal Sections stock overvalued right now?
Mittal Sections (BOM:544575) has a current ROCE % of 12.55%. The current ROCE % is 12.55% and 120.2% above the Steel industry median of 5.70. Mittal Sections' overall GF Score™ is 13/100 with 6 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 Mittal Sections (BOM:544575), the current ROCE % is 12.55% 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.

Mittal Sections Business Description

Address C.G. Road, 01, Sona Roopa Apartment, Opposite Lal Bunglow, Navrangpura, Ahmedabad, GJ, IND, 380009
Mittal Sections Ltd is engaged in the manufacturing and sale of structural steel products. The Company's operations include the manufacturing of steel products and the wholesale trade of metals and metal ores. Its products are mainly sold in the local market.
13GF 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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