AIA Engineering (NSE:AIAENG) ROCE %: 23.21% (As of Mar. 2026)


NSE:AIAENG AIA Engineering Ltd NSE:AIAENG
89 GF Score
Price ₹4,829.90
GF Value ₹3,543.91
Valuation Significantly Overvalued
! 8 Warning Signs
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What is AIA Engineering ROCE %?

AIA Engineering NSE:AIAENG -0.57% 89 ROCE % is 23.21% as of Mar. 2026. GuruFocus rates NSE:AIAENG with a GF Score™ of 89/100 and a GF Value™ of ₹3,543.91 (Significantly Overvalued). The stock has 8 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. AIA Engineering's annualized ROCE % for the quarter that ended in Mar. 2026 was 23.21%.


AIA Engineering  (NSE:AIAENG) 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.


AIA Engineering ROCE % Related Terms


AIA Engineering ROCE % Historical Data

* Premium members only.

The historical data trend for AIA Engineering'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.

AIA Engineering ROCE % Chart

AIA Engineering Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.17 26.13 24.26 20.15 21.41

AIA Engineering Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.09 22.29 19.66 21.07 23.21
NSE:AIAENG
89GF Score
AIA Engineering Ltd NSE:AIAENG
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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AIA Engineering ROCE % Calculation

AIA Engineering'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 )
=16282.817/( ( (78340.737 - 7878.821) + (85379.956 - 3718.169) )/ 2 )
=16282.817/( (70461.916+81661.787)/ 2 )
=16282.817/76061.8515
=21.41 %

AIA Engineering'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: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=18953.02/( ( (0 - 0) + (85379.956 - 3718.169) )/ 1 )
=18953.02/( ( 0 + 81661.787 )/ 1 )
=18953.02/81661.787
=23.21 %

(1) Note: The EBIT data used here is four times the quarterly (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 23.21% mean?
AIA Engineering (NSE:AIAENG) has a ROCE % of 23.21% as of Mar. 2026.
Is AIA Engineering's ROCE % too high?
AIA Engineering's current ROCE % is 23.21%. The Industrial Products industry median ROCE % is 7.10. AIA Engineering's value of 23.21% is 226.9% above this industry median. Overall, AIA Engineering has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AIA Engineering's ROCE % compare to GEV and ETN?
AIA Engineering's ROCE % of 23.21% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.10. AIA Engineering's value of 23.21% is 226.9% 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 7.10, based on 3,032 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. AIA Engineering's current ROCE % of 23.21% is 226.9% 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 7.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AIA Engineering's current ROCE % is 23.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AIA Engineering stock overvalued right now?
Based on GuruFocus' analysis, AIA Engineering (NSE:AIAENG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,543.91, compared to a current price of ₹4,829.90 — trading 36.3% above its estimated fair value. The current ROCE % is 23.21% and 226.9% above the Industrial Products industry median of 7.10. AIA Engineering's overall GF Score™ is 89/100 with 8 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 AIA Engineering (NSE:AIAENG), the current ROCE % is 23.21% 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.

Is AIA Engineering (NSE:AIAENG) Overvalued in 2026?

Based on GuruFocus' analysis, AIA Engineering stock appears to be overvalued. The current stock price of ₹4,829.90 is trading 36.3% above its estimated GF Value™ of ₹3,543.91. GuruFocus considers AIA Engineering to be Significantly Overvalued.

Key valuation signals for NSE:AIAENG:

  • ROCE %: 23.21%
  • GF Value™: ₹3,543.91 vs. price of ₹4,829.90 (36.3% above fair value)
  • GF Score™: 89/100 with 8 warning signs
  • Industry Position: 226.9% above the Industrial Products median

No single metric tells the full story. See the NSE:AIAENG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AIA Engineering Business Description

Other Exchanges 532683:India
Address Off. S. G. Highway, Sindhu Bhavan Road, 11-12, Sigma Corporates, Behind HOF Showroom, Bodakdev, Ahmedabad, GJ, IND, 380054
AIA Engineering Ltd is an India-based company that develops, manufactures, and distributes chromium consumable wear parts, including grinding media, shell liners, diaphragms, grinding tables, heat-resistant castings, cone crushers, and others. The Company operates in only one Segment which is Manufacturing of High Chrome Mill Internals. The company's products are applied in the crushing/grinding processes in the cement, mining, thermal power, and other sectors. AIA Engineering Ltd generates the majority of its sales from markets outside of India. Vega Industries, a wholly-owned subsidiary of this company, is responsible for distributing the company's products outside India.
89GF Score

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

₹4,829.90
Price
₹3,543.91
GF Value