Bharat Rasayan (NSE:BHARATRAS) ROCE %: 16.17% (As of Mar. 2026)

What is Bharat Rasayan ROCE %?

Bharat Rasayan NSE:BHARATRAS +0.05% 65 ROCE % is 16.17% as of Mar. 2026. GuruFocus rates NSE:BHARATRAS with a GF Score™ of 65/100 and a GF Value™ of ₹2,613.29 (Significantly Undervalued). The stock has 1 warning sign 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. Bharat Rasayan's annualized ROCE % for the quarter that ended in Mar. 2026 was 16.17%.

Bharat Rasayan (NSE:BHARATRAS) 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.

Bharat Rasayan ROCE % Related Terms

Bharat Rasayan ROCE % Historical Data

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The historical data trend for Bharat Rasayan'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.

Bharat Rasayan ROCE % Chart

Bharat Rasayan Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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31.67

21.35

13.27

17.67

16.20

Bharat Rasayan 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															12.47	19.21	12.30	17.47	16.17

65GF Score

Bharat Rasayan Ltd NSE:BHARATRAS

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Bharat Rasayan ROCE % Calculation

Bharat Rasayan'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 )
	=	1979.6	/	( ( (14081.443 - 2608.759)	+	(14325.237 - 1363.04) )	/ 2 )
	=	1979.6	/	( (11472.684	+	12962.197)	/ 2 )
	=	1979.6	/	12217.4405
	=	16.20 %

Bharat Rasayan'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 )
	=	2096.4	/	( ( (0 - 0)	+	(14325.237 - 1363.04) )	/ 1 )
	=	2096.4	/	( ( 0	+	12962.197 )	/ 1 )
	=	2096.4	/	12962.197
	=	16.17 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 16.17% mean?

Bharat Rasayan (NSE:BHARATRAS) has a ROCE % of 16.17% as of Mar. 2026.

Is Bharat Rasayan's ROCE % too high?

Bharat Rasayan's current ROCE % is 16.17%. The Agriculture industry median ROCE % is 9.49. Bharat Rasayan's value of 16.17% is 70.4% above this industry median. Overall, Bharat Rasayan has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Bharat Rasayan's ROCE % compare to CTVA and CF?

Bharat Rasayan's ROCE % of 16.17% can be compared against companies in the Agriculture industry. The industry median ROCE % is 9.49. Bharat Rasayan's value of 16.17% is 70.4% 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 Agriculture company?

The median ROCE % among Agriculture companies is 9.49, based on 252 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. Bharat Rasayan's current ROCE % of 16.17% is 70.4% 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 Agriculture industry, the median ROCE % is 9.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharat Rasayan's current ROCE % is 16.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Bharat Rasayan stock overvalued right now?

Based on GuruFocus' analysis, Bharat Rasayan (NSE:BHARATRAS) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹2,613.29, compared to a current price of ₹1,341.80 — trading 48.7% below its estimated fair value. The current ROCE % is 16.17% and 70.4% above the Agriculture industry median of 9.49. Bharat Rasayan's overall GF Score™ is 65/100 with 1 warning sign 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 Bharat Rasayan (NSE:BHARATRAS), the current ROCE % is 16.17% 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 Bharat Rasayan (NSE:BHARATRAS) Overvalued in 2026?

Based on GuruFocus' analysis, Bharat Rasayan stock appears to be undervalued. The current stock price of ₹1,341.80 is trading 48.7% below its estimated GF Value™ of ₹2,613.29. GuruFocus considers Bharat Rasayan to be Significantly Undervalued.

Key valuation signals for NSE:BHARATRAS:

ROCE %: 16.17%
GF Value™: ₹2,613.29 vs. price of ₹1,341.80 (48.7% below fair value)
GF Score™: 65/100 with 1 warning sign
Industry Position: 70.4% above the Agriculture median

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

Bharat Rasayan Business Description

Industry Basic Materials Agriculture

Comparable Companies NSE:GSPCROP BOM:532851 BOM:543311 BOM:509732 NSE:ASTEC BOM:590030 BOM:543331 NSE:MADRASFERT BOM:534742 NSE:BSHSL CTVA TSX:NTR SZSE:000792 DSMD:IQCD CF SAU:2020 OSL:YAR AMM:JOPH SHSE:600096 MOS

Other Exchanges 590021:India

Address 1501, Vikram Tower, Rajendra Place, New Delhi, IND, 110008

Website https://www.bharatgroup.co.in

Bharat Rasayan Ltd is engaged in the business of agrochemicals. The company is the manufacturer and exporter of pesticides, technical formulation, and intermediaries. The Company operates only in one business segment which is pesticides. Its product categories include Insecticides; Herbicides; Fungicides and Plant Growth Regulator.

65GF Score

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₹1,341.80

Price

₹2,613.29

GF Value

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