Indo SMC (BOM:544681) ROCE %: 54.69% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:544681 Indo SMC Ltd BOM:544681
21 GF Score
Price ₹515.25
! 6 Warning Signs
View Full Analysis

What is Indo SMC ROCE %?

Indo SMC BOM:544681 +1.23% 21 ROCE % is 54.69% as of Mar. 2026. GuruFocus rates BOM:544681 with a GF Score™ of 21/100. 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. Indo SMC's annualized ROCE % for the quarter that ended in Mar. 2026 was 54.69%.


Indo SMC  (BOM:544681) 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.


Indo SMC ROCE % Related Terms


Indo SMC ROCE % Historical Data

* Premium members only.

The historical data trend for Indo SMC'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.

Indo SMC ROCE % Chart

Indo SMC Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROCE %
18.75 60.96 86.50 45.94

Indo SMC Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
ROCE % 0.00 0.00 56.11 70.33 54.69
BOM:544681
21GF Score
Indo SMC Ltd BOM:544681
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indo SMC ROCE % Calculation

Indo SMC'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 )
=462.07/( ( (999.417 - 582.231) + (2244.323 - 649.78) )/ 2 )
=462.07/( (417.186+1594.543)/ 2 )
=462.07/1005.8645
=45.94 %

Indo SMC'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 )
=580.076/( ( (1476.692 - 949.732) + (2244.323 - 649.78) )/ 2 )
=580.076/( ( 526.96 + 1594.543 )/ 2 )
=580.076/1060.7515
=54.69 %

(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 54.69% mean?
Indo SMC (BOM:544681) has a ROCE % of 54.69% as of Mar. 2026.
Is Indo SMC's ROCE % too high?
Indo SMC's current ROCE % is 54.69%. The Industrial Products industry median ROCE % is 7.27. Indo SMC's value of 54.69% is 652.3% above this industry median. Overall, Indo SMC has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Indo SMC's ROCE % compare to VRT and BE?
Indo SMC's ROCE % of 54.69% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.27. Indo SMC's value of 54.69% is 652.3% 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 7.27, 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. Indo SMC's current ROCE % of 54.69% is 652.3% 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 7.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo SMC's current ROCE % is 54.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo SMC stock overvalued right now?
Indo SMC (BOM:544681) has a current ROCE % of 54.69%. The current ROCE % is 54.69% and 652.3% above the Industrial Products industry median of 7.27. Indo SMC's overall GF Score™ is 21/100 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 Indo SMC (BOM:544681), the current ROCE % is 54.69% 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.

Indo SMC Business Description

Address 809, Shilp Zaveri Shyamal Cross Road, Vejalpur, Shyamal, Ahmedabad, GJ, IND, 380006
Indo SMC Ltd is engaged in the design and manufacture of multiple products catering to electrical, industrial, and infrastructural applications. Its business comprises of (i) sheet moulding compound division: manufacturing enclosure box for energy meters, SMC sheet and SMC chequered plates, (ii) fiberglass reinforced plastic: manufacturing grating plates, and (iii) electrical component division: manufacturing HTCT, HTPT, LTCT, feeder pillars and other power distribution and circuit protection switchgears. The company's offerings include SMC (Sheet Moulding Compound) products, FRP (Fibre Reinforced Polymer) products, and Current & Potential Transformers (CT/PTs). The majority of the comapny's revenue is derived from the sale of CT PT Products.
21GF Score

Get the complete analysis for BOM:544681

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

₹515.25
Price