Midwest (BOM:544587) ROCE %: 18.31% (As of Mar. 2026)

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BOM:544587 Midwest Ltd BOM:544587
18 GF Score
Price ₹1,175.70
! 3 Warning Signs
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What is Midwest ROCE %?

Midwest BOM:544587 -1.03% 18 ROCE % is 18.31% as of Mar. 2026. GuruFocus rates BOM:544587 with a GF Score™ of 18/100. 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. Midwest's annualized ROCE % for the quarter that ended in Mar. 2026 was 18.31%.

Midwest  (BOM:544587) 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.

Midwest ROCE % Related Terms

Midwest ROCE % Historical Data

* Premium members only.

The historical data trend for Midwest'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.

Midwest ROCE % Chart

Midwest Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROCE %
18.10 27.34 27.39 16.21

Midwest Quarterly Data
Mar23 Mar24 Dec24 Mar25 Jun25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial 15.66 34.69 17.95 13.04 18.31
BOM:544587
18GF Score
Midwest Ltd BOM:544587
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Midwest ROCE % Calculation

Midwest'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 )
=1575.08/( ( (10587 - 2634.37) + (13667.72 - 2185.45) )/ 2 )
=1575.08/( (7952.63+11482.27)/ 2 )
=1575.08/9717.45
=16.21 %

Midwest'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 )
=2102.2/( ( (0 - 0) + (13667.72 - 2185.45) )/ 1 )
=2102.2/( ( 0 + 11482.27 )/ 1 )
=2102.2/11482.27
=18.31 %

(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 18.31% mean?
Midwest (BOM:544587) has a ROCE % of 18.31% as of Mar. 2026.
Is Midwest's ROCE % too high?
Midwest's current ROCE % is 18.31%. The Building Materials industry median ROCE % is 5.94. Midwest's value of 18.31% is 208.2% above this industry median. Overall, Midwest has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Midwest's ROCE % compare to CRH and VMC?
Midwest's ROCE % of 18.31% can be compared against companies in the Building Materials industry. The industry median ROCE % is 5.94. Midwest's value of 18.31% is 208.2% 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 Building Materials company?
The median ROCE % among Building Materials companies is 5.94, based on 407 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. Midwest's current ROCE % of 18.31% is 208.2% 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 Building Materials industry, the median ROCE % is 5.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Midwest's current ROCE % is 18.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Midwest stock overvalued right now?
Midwest (BOM:544587) has a current ROCE % of 18.31%. The current ROCE % is 18.31% and 208.2% above the Building Materials industry median of 5.94. Midwest's overall GF Score™ is 18/100 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 Midwest (BOM:544587), the current ROCE % is 18.31% 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.

Midwest Business Description

Other Exchanges MIDWESTLTD:India
Address Road No.12, Banjara Hills, 8-2-684/3/25 and 26, Hyderabad, TG, IND, 500 034
Midwest Ltd is engaged in the business of exploration, exploitation, manufacturing, processing, and selling of dressed Granite blocks, Slabs, and Diamond cutting wires. It is a natural stone company focused on the mining, processing, and export of Black Galaxy Granite and other premium granite varieties. The company operates a complete value chain from quarrying to distribution, serving markets across various countries. Midwest has expanded into related areas such as quartz processing and diamond wire manufacturing. Revenue is generated mainly through the sale and export of Black Galaxy granite to the Chinese market. It operates in three business segments: (i) Natural Stone Segment; (ii) Diamond Wire Segment; and (iii) Others (comprises scrap sales and export incentives received).
18GF Score

Get the complete analysis for BOM:544587

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

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