Shining Tools (BOM:544607) ROCE %: 26.90% (As of Mar. 2026)


BOM:544607 Shining Tools Ltd BOM:544607
19 GF Score
Price ₹86.00
! 2 Warning Signs
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What is Shining Tools ROCE %?

Shining Tools BOM:544607 +3.61% 19 ROCE % is 26.90% as of Mar. 2026. GuruFocus rates BOM:544607 with a GF Score™ of 19/100. The stock has 2 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. Shining Tools's annualized ROCE % for the quarter that ended in Mar. 2026 was 26.90%.

Shining Tools  (BOM:544607) 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.

Shining Tools ROCE % Related Terms

Shining Tools ROCE % Historical Data

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The historical data trend for Shining Tools'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.

Shining Tools ROCE % Chart

Shining Tools Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROCE %
13.88 42.02 39.07 26.90

Shining Tools Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
ROCE % 13.88 42.02 39.07 26.90
BOM:544607
19GF Score
Shining Tools Ltd BOM:544607
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shining Tools ROCE % Calculation

Shining Tools'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 )
=54.185/( ( (196.435 - 70.797) + (360.003 - 82.811) )/ 2 )
=54.185/( (125.638+277.192)/ 2 )
=54.185/201.415
=26.90 %

Shining Tools'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 )
=54.185/( ( (196.435 - 70.797) + (360.003 - 82.811) )/ 2 )
=54.185/( ( 125.638 + 277.192 )/ 2 )
=54.185/201.415
=26.90 %

(1) Note: The EBIT data used here is one times the 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 26.90% mean?
Shining Tools (BOM:544607) has a ROCE % of 26.90% as of Mar. 2026.
Is Shining Tools' ROCE % too high?
Shining Tools' current ROCE % is 26.90%. The Industrial Products industry median ROCE % is 7.09. Shining Tools' value of 26.90% is 279.4% above this industry median. Overall, Shining Tools has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Shining Tools' ROCE % compare to SNA and RBC?
Shining Tools' ROCE % of 26.90% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.09. Shining Tools' value of 26.90% is 279.4% 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 3,027 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. Shining Tools's current ROCE % of 26.90% is 279.4% 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. Shining Tools's current ROCE % is 26.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shining Tools stock overvalued right now?
Shining Tools (BOM:544607) has a current ROCE % of 26.90%. The current ROCE % is 26.90% and 279.4% above the Industrial Products industry median of 7.09. Shining Tools' overall GF Score™ is 19/100 with 2 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 Shining Tools (BOM:544607), the current ROCE % is 26.90% 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.

Shining Tools Business Description

Address Gondal Highway, Survey no. 63/2, Plot No. 2, Pipaliya, Gondal, Rajkot, GJ, IND, 360 311
Shining Tools Ltd is engaged in the designing and manufacturing of high-performance solid carbide cutting tools catering to various industries in India. Additionally, the company provides reconditioning services for used tools, ensuring their extended usability and performance. It is engaged in producing a wide range of high-performance cutting tools, including end mills, thread mills, drills, and reamers, offering tooling solutions for modern manufacturing needs. The company derives the majority of its revenue from the manufacturing of customized tools.
19GF 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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