Advance Technoforge (BOM:544843) ROCE %: 35.39% (As of Mar. 2026)

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BOM:544843 Advance Technoforge Ltd BOM:544843
11 GF Score
Price ₹75.00
! 4 Warning Signs
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What is Advance Technoforge ROCE %?

Advance Technoforge BOM:544843 -0.89% 11 ROCE % is 35.39% as of Mar. 2026. GuruFocus rates BOM:544843 with a GF Score™ of 11/100. 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. Advance Technoforge's annualized ROCE % for the quarter that ended in Mar. 2026 was 35.39%.

Advance Technoforge  (BOM:544843) 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.

Advance Technoforge ROCE % Related Terms

Advance Technoforge ROCE % Historical Data

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The historical data trend for Advance Technoforge'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.

Advance Technoforge ROCE % Chart

Advance Technoforge Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROCE %
18.89 31.30 32.51 35.39

Advance Technoforge Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
ROCE % 18.89 31.30 32.51 35.39
BOM:544843
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Advance Technoforge Ltd BOM:544843
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Advance Technoforge ROCE % Calculation

Advance Technoforge'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 )
=69.277/( ( (395.101 - 213.992) + (469.203 - 258.801) )/ 2 )
=69.277/( (181.109+210.402)/ 2 )
=69.277/195.7555
=35.39 %

Advance Technoforge'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 )
=69.277/( ( (395.101 - 213.992) + (469.203 - 258.801) )/ 2 )
=69.277/( ( 181.109 + 210.402 )/ 2 )
=69.277/195.7555
=35.39 %

(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 35.39% mean?
Advance Technoforge (BOM:544843) has a ROCE % of 35.39% as of Mar. 2026.
Is Advance Technoforge's ROCE % too high?
Advance Technoforge's current ROCE % is 35.39%. The Industrial Products industry median ROCE % is 7.36. Advance Technoforge's value of 35.39% is 380.8% above this industry median. Overall, Advance Technoforge has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Advance Technoforge's ROCE % compare to ATI and CRS?
Advance Technoforge's ROCE % of 35.39% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.36. Advance Technoforge's value of 35.39% is 380.8% 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 7.36, based on 3,038 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. Advance Technoforge's current ROCE % of 35.39% is 380.8% 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 7.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advance Technoforge's current ROCE % is 35.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advance Technoforge stock overvalued right now?
Advance Technoforge (BOM:544843) has a current ROCE % of 35.39%. The current ROCE % is 35.39% and 380.8% above the Industrial Products industry median of 7.36. Advance Technoforge's overall GF Score™ is 11/100 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 Advance Technoforge (BOM:544843), the current ROCE % is 35.39% 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.

Advance Technoforge Business Description

Address At. & Po. Padavala Road, Survey No. 121, Plot No.1 to 6, Opposite Eaterflow Piping System, Veraval Shapar Industrial Area, Lodhika, Rajkot, GJ, IND, 360024
Advance Technoforge Ltd is engaged in the manufacturing of forged steel machined components of Carbon Steel, Alloy Steel, and Stainless Steel, specializing in Closed Die Forging, Upset Forging and Ring Rolling Forging in both rough and precision machined conditions. The company supplies these products to automotive, General engineering, oil & gas, Earth Moving and heavy machinery industries. The majority of its revenue is derived from the sale of its products in India.
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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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