Narmadesh Brass Industries (BOM:544680) ROCE %: -0.92% (As of Mar. 2026)

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BOM:544680 Narmadesh Brass Industries Ltd BOM:544680
14 GF Score
Price ₹309.75
! 4 Warning Signs
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What is Narmadesh Brass Industries ROCE %?

Narmadesh Brass Industries BOM:544680 14 ROCE % is -0.92% as of Mar. 2026. GuruFocus rates BOM:544680 with a GF Score™ of 14/100. 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. Narmadesh Brass Industries's annualized ROCE % for the quarter that ended in Mar. 2026 was -0.92%.

Narmadesh Brass Industries  (BOM:544680) 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.

Narmadesh Brass Industries ROCE % Related Terms

Narmadesh Brass Industries ROCE % Historical Data

* Premium members only.

The historical data trend for Narmadesh Brass Industries'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.

Narmadesh Brass Industries ROCE % Chart

Narmadesh Brass Industries Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROCE %
16.61 81.91 45.50 14.15

Narmadesh Brass Industries Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
ROCE % 0.00 0.00 0.00 40.61 -0.92
BOM:544680
14GF Score
Narmadesh Brass Industries Ltd BOM:544680
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Narmadesh Brass Industries ROCE % Calculation

Narmadesh Brass Industries'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 )
=55.637/( ( (596.592 - 379.589) + (761.238 - 192.078) )/ 2 )
=55.637/( (217.003+569.16)/ 2 )
=55.637/393.0815
=14.15 %

Narmadesh Brass Industries'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 )
=-4.138/( ( (631.029 - 296.312) + (761.238 - 192.078) )/ 2 )
=-4.138/( ( 334.717 + 569.16 )/ 2 )
=-4.138/451.9385
=-0.92 %

(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 -0.92% mean?
Narmadesh Brass Industries (BOM:544680) has a ROCE % of -0.92% as of Mar. 2026.
Is Narmadesh Brass Industries' ROCE % too high?
Narmadesh Brass Industries' current ROCE % is -0.92%. Overall, Narmadesh Brass Industries has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Narmadesh Brass Industries' ROCE % compare to CRS and ATI?
Narmadesh Brass Industries' ROCE % of -0.92% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.09. 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 3,031 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. 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. Narmadesh Brass Industries's current ROCE % is -0.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Narmadesh Brass Industries stock overvalued right now?
Narmadesh Brass Industries (BOM:544680) has a current ROCE % of -0.92%. The current ROCE % is -0.92%. Narmadesh Brass Industries' overall GF Score™ is 14/100 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 Narmadesh Brass Industries (BOM:544680), the current ROCE % is -0.92% 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.

Narmadesh Brass Industries Business Description

Address Jamnagar - Lalpur Road, Plot No. 5, 8 & 9, Survey No. 433, Shree Ganesh Industrial Hub, Changa Village, Jamnagar, GJ, IND, 361 012
Narmadesh Brass Industries Ltd is engaged in manufacturing a diverse range of brass products catering to both domestic and international markets. It also offers casting and forging services related to brass components. Its product offering includes brass rods, brass billets, agricultural sprayer parts, garden fittings, ball valves, non-return valves (NRVs), turning components and plumbing fittings, sanitary fittings, brass compression fittings etc. The company is operating in a single business segment i.e. Manufacturing and trading of Brass items. The company derives a substantial portion of revenue from the sale of its products, with the majority generated from the sale of Brass Rods.
14GF 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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