Abha Power and Steel (NSE:ABHAPOWER) ROCE %: 4.20% (As of Mar. 2026)


NSE:ABHAPOWER Abha Power and Steel Ltd NSE:ABHAPOWER
12 GF Score
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What is Abha Power and Steel ROCE %?

Abha Power and Steel NSE:ABHAPOWER +0.56% 12 ROCE % is 4.20% as of Mar. 2026. GuruFocus rates NSE:ABHAPOWER with a GF Score™ of 12/100. The stock has 3 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. Abha Power and Steel's annualized ROCE % for the quarter that ended in Mar. 2026 was 4.20%.

Abha Power and Steel  (NSE:ABHAPOWER) 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.

Abha Power and Steel ROCE % Related Terms

Abha Power and Steel ROCE % Historical Data

* Premium members only.

The historical data trend for Abha Power and Steel'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.

Abha Power and Steel ROCE % Chart

Abha Power and Steel Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
5.18 10.86 23.24 21.83 7.98

Abha Power and Steel Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
ROCE % Get a 7-Day Free Trial 0.00 32.25 16.54 11.75 4.20
NSE:ABHAPOWER
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Abha Power and Steel Ltd NSE:ABHAPOWER
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Abha Power and Steel ROCE % Calculation

Abha Power and Steel'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 )
=50.737/( ( (791.772 - 161.837) + (855.618 - 213.224) )/ 2 )
=50.737/( (629.935+642.394)/ 2 )
=50.737/636.1645
=7.98 %

Abha Power and Steel'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 )
=26.922/( ( (811.722 - 172.33) + (855.618 - 213.224) )/ 2 )
=26.922/( ( 639.392 + 642.394 )/ 2 )
=26.922/640.893
=4.20 %

(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 4.20% mean?
Abha Power and Steel (NSE:ABHAPOWER) has a ROCE % of 4.20% as of Mar. 2026.
Is Abha Power and Steel's ROCE % too high?
Abha Power and Steel's current ROCE % is 4.20%. The Steel industry median ROCE % is 5.50. Abha Power and Steel's value of 4.20% is 23.6% below this industry median. Overall, Abha Power and Steel has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Abha Power and Steel's ROCE % compare to NUE and STLD?
Abha Power and Steel's ROCE % of 4.20% can be compared against companies in the Steel industry. The industry median ROCE % is 5.50. Abha Power and Steel's value of 4.20% is 23.6% below 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 Steel company?
The median ROCE % among Steel companies is 5.50, based on 621 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. Abha Power and Steel's current ROCE % of 4.20% is 23.6% below 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 Steel industry, the median ROCE % is 5.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Abha Power and Steel's current ROCE % is 4.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abha Power and Steel stock overvalued right now?
Abha Power and Steel (NSE:ABHAPOWER) has a current ROCE % of 4.20%. The current ROCE % is 4.20% and 23.6% below the Steel industry median of 5.50. Abha Power and Steel's overall GF Score™ is 12/100 with 3 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 Abha Power and Steel (NSE:ABHAPOWER), the current ROCE % is 4.20% 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.

Abha Power and Steel Business Description

Address Silpahri Industrial State, Hardikala, Bilaspur, CT, IND, 495001
Abha Power and Steel Ltd is engaged in the business of iron and steel foundry, particularly in casting and manufacturing customized products in mostly all grades of iron and steel. Its versatile product portfolio covers all grades of mild steel, spheroidal graphite cast iron, manganese steel, stainless steel, low alloy and high alloy castings (high CR & high Ni), HRCS & WRCS, from as small as 0.5 Kgs to 6 Tonnes single finished casting.
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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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