Akshar Spintex (NSE:AKSHAR) ROCE %: 3.25% (As of Mar. 2026)


NSE:AKSHAR Akshar Spintex Ltd NSE:AKSHAR
47 GF Score
Price ₹0.45
GF Value ₹0.51
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Akshar Spintex ROCE %?

Akshar Spintex NSE:AKSHAR 47 ROCE % is 3.25% as of Mar. 2026. GuruFocus rates NSE:AKSHAR with a GF Score™ of 47/100 and a GF Value™ of ₹0.51 (Modestly Undervalued). 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. Akshar Spintex's annualized ROCE % for the quarter that ended in Mar. 2026 was 3.25%.

Akshar Spintex  (NSE:AKSHAR) 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.

Akshar Spintex ROCE % Related Terms

Akshar Spintex ROCE % Historical Data

* Premium members only.

The historical data trend for Akshar Spintex'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.

Akshar Spintex ROCE % Chart

Akshar Spintex 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 22.19 -4.80 12.34 -6.57 -8.71

Akshar Spintex 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 -4.96 -6.98 -6.76 -23.96 3.25
NSE:AKSHAR
47GF Score
Akshar Spintex Ltd NSE:AKSHAR
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Akshar Spintex ROCE % Calculation

Akshar Spintex'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 )
=-76.886/( ( (981.131 - 58.3) + (957.622 - 115.712) )/ 2 )
=-76.886/( (922.831+841.91)/ 2 )
=-76.886/882.3705
=-8.71 %

Akshar Spintex'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 )
=27.352/( ( (0 - 0) + (957.622 - 115.712) )/ 1 )
=27.352/( ( 0 + 841.91 )/ 1 )
=27.352/841.91
=3.25 %

(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 3.25% mean?
Akshar Spintex (NSE:AKSHAR) has a ROCE % of 3.25% as of Mar. 2026.
Is Akshar Spintex's ROCE % too high?
Akshar Spintex's current ROCE % is 3.25%. The Manufacturing - Apparel & Accessories industry median ROCE % is 6.12. Akshar Spintex's value of 3.25% is 46.9% below this industry median. Overall, Akshar Spintex has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Akshar Spintex's ROCE % compare to competitors?
Akshar Spintex's ROCE % of 3.25% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROCE % is 6.12. Akshar Spintex's value of 3.25% is 46.9% 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 Manufacturing - Apparel & Accessories company?
The median ROCE % among Manufacturing - Apparel & Accessories companies is 6.12, based on 1,034 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. Akshar Spintex's current ROCE % of 3.25% is 46.9% 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 Manufacturing - Apparel & Accessories industry, the median ROCE % is 6.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Akshar Spintex's current ROCE % is 3.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akshar Spintex stock overvalued right now?
Based on GuruFocus' analysis, Akshar Spintex (NSE:AKSHAR) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹0.51, compared to a current price of ₹0.45 — trading 11.8% below its estimated fair value. The current ROCE % is 3.25% and 46.9% below the Manufacturing - Apparel & Accessories industry median of 6.12. Akshar Spintex's overall GF Score™ is 47/100 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 Akshar Spintex (NSE:AKSHAR), the current ROCE % is 3.25% 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 Akshar Spintex (NSE:AKSHAR) Overvalued in 2026?

Based on GuruFocus' analysis, Akshar Spintex stock appears to be undervalued. The current stock price of ₹0.45 is trading 11.8% below its estimated GF Value™ of ₹0.51. GuruFocus considers Akshar Spintex to be Modestly Undervalued.

Key valuation signals for NSE:AKSHAR:

  • ROCE %: 3.25%
  • GF Value™: ₹0.51 vs. price of ₹0.45 (11.8% below fair value)
  • GF Score™: 47/100 with 4 warning signs
  • Industry Position: 46.9% below the Manufacturing - Apparel & Accessories median

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

Akshar Spintex Business Description

Other Exchanges 541303:India
Address 150 Feet Ring Road, C-704, The Imperial Heights, Opposite Big Bazaar, Rajkot, GJ, IND, 360005
Akshar Spintex Ltd is an India based company engaged in manufacturing textile products. The product portfolio of the company includes Natural Cotton, BCI Certified Cotton, Organic Certified Cotton, Viscose, Modal, Carded Cotton Yarn and Melange Yarn, among others. It operates under one segment which is Spinning of Cotton Yarn.
47GF Score

Get the complete analysis for NSE:AKSHAR

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

₹0.45
Price
₹0.51
GF Value