Birla Cable (NSE:BIRLACABLE) ROCE %: 21.89% (As of Mar. 2026)

What is Birla Cable ROCE %?

Birla Cable NSE:BIRLACABLE -2.62% 80 ROCE % is 21.89% as of Mar. 2026. GuruFocus rates NSE:BIRLACABLE with a GF Score™ of 80/100 and a GF Value™ of ₹212.08 (Fairly Valued). The stock has 7 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. Birla Cable's annualized ROCE % for the quarter that ended in Mar. 2026 was 21.89%.

Birla Cable (NSE:BIRLACABLE) 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.

Birla Cable ROCE % Related Terms

Birla Cable ROCE % Historical Data

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The historical data trend for Birla Cable'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.

Birla Cable ROCE % Chart

Birla Cable Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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18.28

22.16

13.78

6.39

11.08

Birla Cable 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															6.44	5.50	4.56	9.61	21.89

80GF Score

Birla Cable Ltd NSE:BIRLACABLE

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

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Birla Cable ROCE % Calculation

Birla Cable'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 )
	=	349.661	/	( ( (4160.566 - 1118.266)	+	(4644.5 - 1375.893) )	/ 2 )
	=	349.661	/	( (3042.3	+	3268.607)	/ 2 )
	=	349.661	/	3155.4535
	=	11.08 %

Birla Cable'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 )
	=	715.636	/	( ( (0 - 0)	+	(4644.5 - 1375.893) )	/ 1 )
	=	715.636	/	( ( 0	+	3268.607 )	/ 1 )
	=	715.636	/	3268.607
	=	21.89 %

(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 21.89% mean?

Birla Cable (NSE:BIRLACABLE) has a ROCE % of 21.89% as of Mar. 2026.

Is Birla Cable's ROCE % too high?

Birla Cable's current ROCE % is 21.89%. The Hardware industry median ROCE % is 5.81. Birla Cable's value of 21.89% is 276.8% above this industry median. Overall, Birla Cable has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Birla Cable's ROCE % compare to CSCO and CIEN?

Birla Cable's ROCE % of 21.89% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.81. Birla Cable's value of 21.89% is 276.8% 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 a Hardware company?

The median ROCE % among Hardware companies is 5.81, based on 2,449 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. Birla Cable's current ROCE % of 21.89% is 276.8% 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 Hardware industry, the median ROCE % is 5.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Birla Cable's current ROCE % is 21.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Birla Cable stock overvalued right now?

Based on GuruFocus' analysis, Birla Cable (NSE:BIRLACABLE) is currently considered Fairly Valued. The stock's GF Value™ is ₹212.08, compared to a current price of ₹207.74 — trading 2% below its estimated fair value. The current ROCE % is 21.89% and 276.8% above the Hardware industry median of 5.81. Birla Cable's overall GF Score™ is 80/100 with 7 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 Birla Cable (NSE:BIRLACABLE), the current ROCE % is 21.89% 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 Birla Cable (NSE:BIRLACABLE) Overvalued in 2026?

Based on GuruFocus' analysis, Birla Cable stock appears to be undervalued. The current stock price of ₹207.74 is trading 2% below its estimated GF Value™ of ₹212.08. GuruFocus considers Birla Cable to be Fairly Valued.

Key valuation signals for NSE:BIRLACABLE:

ROCE %: 21.89%
GF Value™: ₹212.08 vs. price of ₹207.74 (2% below fair value)
GF Score™: 80/100 with 7 warning signs
Industry Position: 276.8% above the Hardware median

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

Birla Cable Business Description

Industry Technology Hardware

Comparable Companies NSE:PANACHE BOM:590041 NSE:FROG BOM:517258 BOM:532419 BOM:532351 BOM:523411 BOM:500346 NSE:TNTELE BOM:517411 CSCO SHSE:601138 SZSE:300308 SZSE:300502 CIEN OHEL:NOKIA MSI LITE HPE SZSE:300394

Other Exchanges 500060:India

Address Udyog Vihar, P.O. Chorhata, Rewa, MP, IND, 486006

Website https://www.birlacable.com

Birla Cable Ltd is engaged in the manufacturing and sale of telecommunication cables, consisting of both copper and optical fiber, and other types of specialty wires and cables. Its geographical segments include Domestic Market (within India) and Overseas Market (outside India). The firm offers products in various categories such as optical fiber cables, including armored and unarmored, di-electric self-supporting aerial, figure-8 type aerial, drop, and interconnect cables. It also offers specialty cables, such as stainless steel wire armored tactical, coaxial, switchboard, screened PCM, and CAT cables, as well as automobile wires. In addition, the company provides telecom fiber accessories comprising connectors, adapters, pigtails, and cable accessories.

80GF Score

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

₹207.74

Price

₹212.08

GF Value

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