Harikanta Overseas (BOM:544769) ROCE %: 65.95% (As of Mar. 2025)

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BOM:544769 Harikanta Overseas Ltd BOM:544769
18 GF Score
Price ₹81.48
! 2 Warning Signs
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What is Harikanta Overseas ROCE %?

Harikanta Overseas BOM:544769 +9.38% 18 ROCE % is 65.95% as of Mar. 2025. GuruFocus rates BOM:544769 with a GF Score™ of 18/100. 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. Harikanta Overseas's annualized ROCE % for the quarter that ended in Mar. 2025 was 65.95%.

Harikanta Overseas  (BOM:544769) 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.

Harikanta Overseas ROCE % Related Terms

Harikanta Overseas ROCE % Historical Data

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The historical data trend for Harikanta Overseas'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.

Harikanta Overseas ROCE % Chart

Harikanta Overseas Annual Data
Trend Mar23 Mar24 Mar25
ROCE %
23.89 50.10 65.95

Harikanta Overseas Semi-Annual Data
Mar23 Mar24 Mar25
ROCE % 23.89 50.10 65.95
BOM:544769
18GF Score
Harikanta Overseas Ltd BOM:544769
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Harikanta Overseas ROCE % Calculation

Harikanta Overseas's annualized ROCE % for the fiscal year that ended in Mar. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=63.982/( ( (66.05 - 36.437) + (231.194 - 66.771) )/ 2 )
=63.982/( (29.613+164.423)/ 2 )
=63.982/97.018
=65.95 %

Harikanta Overseas's ROCE % of for the quarter that ended in Mar. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2025 )  (Q: Mar. 2024 )(Q: Mar. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2025 )  (Q: Mar. 2024 )(Q: Mar. 2025 )
=63.982/( ( (66.05 - 36.437) + (231.194 - 66.771) )/ 2 )
=63.982/( ( 29.613 + 164.423 )/ 2 )
=63.982/97.018
=65.95 %

(1) Note: The EBIT data used here is one times the annual (Mar. 2025) 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 65.95% mean?
Harikanta Overseas (BOM:544769) has a ROCE % of 65.95% as of Mar. 2025.
Is Harikanta Overseas' ROCE % too high?
Harikanta Overseas' current ROCE % is 65.95%. The Manufacturing - Apparel & Accessories industry median ROCE % is 6.14. Harikanta Overseas' value of 65.95% is 974.1% above this industry median. Overall, Harikanta Overseas has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Harikanta Overseas' ROCE % compare to competitors?
Harikanta Overseas' ROCE % of 65.95% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROCE % is 6.14. Harikanta Overseas' value of 65.95% is 974.1% 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 Manufacturing - Apparel & Accessories company?
The median ROCE % among Manufacturing - Apparel & Accessories companies is 6.14, based on 1,041 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. Harikanta Overseas's current ROCE % of 65.95% is 974.1% 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 Manufacturing - Apparel & Accessories industry, the median ROCE % is 6.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harikanta Overseas's current ROCE % is 65.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harikanta Overseas stock overvalued right now?
Harikanta Overseas (BOM:544769) has a current ROCE % of 65.95%. The current ROCE % is 65.95% and 974.1% above the Manufacturing - Apparel & Accessories industry median of 6.14. Harikanta Overseas' overall GF Score™ is 18/100 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 Harikanta Overseas (BOM:544769), the current ROCE % is 65.95% as of Mar. 2025. 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.

Harikanta Overseas Business Description

Address 28, Sairam Ind Estate Bamroli, Surat, GJ, IND, 394107
Harikanta Overseas Ltd is engaged in the manufacturing of Synthetic textile fabrics. Its product portfolio includes Ikat fabrics, polyester garment fabrics, saree fabrics, dhupion fabrics, poly linen, and natural fiber. The company caters fabric to women's wear, producing fabrics for sarees, dress materials, and kurtas, while also offering fabrics for men's kurtas. It has single reportable segment namely Manufacturing and exporting of textile fabrics. The majority of the company's revenue is derived from the sale of Ikat Fabrics.
18GF 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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