Solve Plastic Products (NSE:BALCO) ROCE %: 17.34% (As of Sep. 2025)

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NSE:BALCO Solve Plastic Products Ltd NSE:BALCO
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What is Solve Plastic Products ROCE %?

Solve Plastic Products NSE:BALCO 7 ROCE % is 17.34% as of Sep. 2025. GuruFocus rates NSE:BALCO with a GF Score™ of 7/100. The stock has 2 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. Solve Plastic Products's annualized ROCE % for the quarter that ended in Sep. 2025 was 17.34%.

Solve Plastic Products  (NSE:BALCO) 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.

Solve Plastic Products ROCE % Related Terms

Solve Plastic Products ROCE % Historical Data

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The historical data trend for Solve Plastic Products'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.

Solve Plastic Products ROCE % Chart

Solve Plastic Products Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
ROCE %
9.12 14.45 49.84 42.84 -41.27

Solve Plastic Products Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
ROCE % Get a 7-Day Free Trial 38.02 46.08 -18.13 -45.66 17.34
NSE:BALCO
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Solve Plastic Products Ltd NSE:BALCO
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Solve Plastic Products ROCE % Calculation

Solve Plastic Products's annualized ROCE % for the fiscal year that ended in Mar. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=-45.276/( ( (221.153 - 138.724) + (243.307 - 106.345) )/ 2 )
=-45.276/( (82.429+136.962)/ 2 )
=-45.276/109.6955
=-41.27 %

Solve Plastic Products's ROCE % of for the quarter that ended in Sep. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2025 )  (Q: Mar. 2025 )(Q: Sep. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2025 )  (Q: Mar. 2025 )(Q: Sep. 2025 )
=23.76/( ( (243.307 - 106.345) + (287.58 - 150.527) )/ 2 )
=23.76/( ( 136.962 + 137.053 )/ 2 )
=23.76/137.0075
=17.34 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2025) 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 17.34% mean?
Solve Plastic Products (NSE:BALCO) has a ROCE % of 17.34% as of Sep. 2025.
Is Solve Plastic Products' ROCE % too high?
Solve Plastic Products' current ROCE % is 17.34%. The Industrial Products industry median ROCE % is 7.09. Solve Plastic Products' value of 17.34% is 144.6% above this industry median. Overall, Solve Plastic Products has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Solve Plastic Products' ROCE % compare to VRT and BE?
Solve Plastic Products' ROCE % of 17.34% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.09. Solve Plastic Products' value of 17.34% is 144.6% 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 7.09, based on 3,029 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. Solve Plastic Products's current ROCE % of 17.34% is 144.6% 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 7.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solve Plastic Products's current ROCE % is 17.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solve Plastic Products stock overvalued right now?
Solve Plastic Products (NSE:BALCO) has a current ROCE % of 17.34%. The current ROCE % is 17.34% and 144.6% above the Industrial Products industry median of 7.09. Solve Plastic Products' overall GF Score™ is 7/100 with 2 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 Solve Plastic Products (NSE:BALCO), the current ROCE % is 17.34% as of Sep. 2025. 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.

Solve Plastic Products Business Description

Address Powerhouse Ward, 2nd Floor, BALCO Building, XXIX/456, Tholicode, Pathanapuram, Kollam, KL, IND, 691333
Solve Plastic Products Ltd manufactures a comprehensive range of uPVC (Unplasticized Polyvinyl Chloride) pipes and rigid PVC electrical conduits. The company markets its products under the brand name BALCOPIPES, which includes flexible conduits, green hoses, rigid PVC electric conduit fittings, solvent cement, uPVC pipes and fittings, water tanks, CPVC water pipes and fittings, and casing and capping.
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