Bajaj Electricals (NSE:BAJAJELEC) ROCE %: -8.57% (As of Mar. 2026)

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NSE:BAJAJELEC Bajaj Electricals Ltd NSE:BAJAJELEC
59 GF Score
Price ₹332.90
GF Value ₹789.30
Valuation Possible Value Trap
! 5 Warning Signs
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What is Bajaj Electricals ROCE %?

Bajaj Electricals NSE:BAJAJELEC +1.11% 59 ROCE % is -8.57% as of Mar. 2026. GuruFocus rates NSE:BAJAJELEC with a GF Score™ of 59/100 and a GF Value™ of ₹789.30 (Possible Value Trap). The stock has 5 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. Bajaj Electricals's annualized ROCE % for the quarter that ended in Mar. 2026 was -8.57%.

Bajaj Electricals  (NSE:BAJAJELEC) 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.

Bajaj Electricals ROCE % Related Terms

Bajaj Electricals ROCE % Historical Data

* Premium members only.

The historical data trend for Bajaj Electricals'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.

Bajaj Electricals ROCE % Chart

Bajaj Electricals 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 13.14 17.77 12.50 12.88 -1.84

Bajaj Electricals 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 18.11 3.87 6.86 -8.60 -8.57
NSE:BAJAJELEC
59GF Score
Bajaj Electricals Ltd NSE:BAJAJELEC
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bajaj Electricals ROCE % Calculation

Bajaj Electricals'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 )
=-347.366/( ( (42191.55 - 22466.032) + (42601.355 - 24501.437) )/ 2 )
=-347.366/( (19725.518+18099.918)/ 2 )
=-347.366/18912.718
=-1.84 %

Bajaj Electricals'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 )
=-1551.6/( ( (0 - 0) + (42601.355 - 24501.437) )/ 1 )
=-1551.6/( ( 0 + 18099.918 )/ 1 )
=-1551.6/18099.918
=-8.57 %

(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 -8.57% mean?
Bajaj Electricals (NSE:BAJAJELEC) has a ROCE % of -8.57% as of Mar. 2026.
Is Bajaj Electricals' ROCE % too high?
Bajaj Electricals' current ROCE % is -8.57%. Overall, Bajaj Electricals has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bajaj Electricals' ROCE % compare to SN and SGI?
Bajaj Electricals' ROCE % of -8.57% can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median ROCE % is 5.62. 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 Furnishings, Fixtures & Appliances company?
The median ROCE % among Furnishings, Fixtures & Appliances companies is 5.62, based on 428 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. 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 Furnishings, Fixtures & Appliances industry, the median ROCE % is 5.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bajaj Electricals's current ROCE % is -8.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bajaj Electricals stock overvalued right now?
Based on GuruFocus' analysis, Bajaj Electricals (NSE:BAJAJELEC) is currently considered Possible Value Trap. The stock's GF Value™ is ₹789.30, compared to a current price of ₹332.90 — trading 57.8% below its estimated fair value. The current ROCE % is -8.57%. Bajaj Electricals' overall GF Score™ is 59/100 with 5 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 Bajaj Electricals (NSE:BAJAJELEC), the current ROCE % is -8.57% 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 Bajaj Electricals (NSE:BAJAJELEC) Overvalued in 2026?

Based on GuruFocus' analysis, Bajaj Electricals stock appears to be undervalued. The current stock price of ₹332.90 is trading 57.8% below its estimated GF Value™ of ₹789.30. GuruFocus considers Bajaj Electricals to be Possible Value Trap.

Key valuation signals for NSE:BAJAJELEC:

  • ROCE %: -8.57%
  • GF Value™: ₹789.30 vs. price of ₹332.90 (57.8% below fair value)
  • GF Score™: 59/100 with 5 warning signs

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

Bajaj Electricals Business Description

Other Exchanges 500031:India
Address Senapati Bapat Marg, 27th Floor, One Unity Center, Prabhadevi West, Mumbai, MH, IND, 400013
Bajaj Electricals Ltd is an Indian company that manufactures and sells consumer electrical appliances. The company's operating segment includes Consumer Products and Lighting. The Consumer Products segment, which is the key revenue driver, represents the sale of appliances, fans, and consumer lighting products. The Lighting segment includes professional lighting (B2B) and consumer lighting (B2C). The group has a business presence in India and outside India.
59GF Score

Get the complete analysis for NSE:BAJAJELEC

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

₹332.90
Price
₹789.30
GF Value