Bright Solar (NSE:BRIGHT) ROCE %: 0.85% (As of Mar. 2025)

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NSE:BRIGHT Bright Solar Ltd NSE:BRIGHT
6 GF Score
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What is Bright Solar ROCE %?

Bright Solar NSE:BRIGHT 6 ROCE % is 0.85% as of Mar. 2025. GuruFocus rates NSE:BRIGHT with a GF Score™ of 6/100.

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. Bright Solar's annualized ROCE % for the quarter that ended in Mar. 2025 was 0.85%.

Bright Solar  (NSE:BRIGHT) 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.

Bright Solar ROCE % Related Terms

Bright Solar ROCE % Historical Data

* Premium members only.

The historical data trend for Bright Solar'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.

Bright Solar ROCE % Chart

Bright Solar Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.45 -20.97 0.31 -19.43 0.54

Bright Solar Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
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 -1.99 -19.23 -18.44 0.24 0.85
NSE:BRIGHT
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Bright Solar Ltd NSE:BRIGHT
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Bright Solar ROCE % Calculation

Bright Solar'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 )
=1.655/( ( (370.772 - 67.807) + (375.876 - 71.302) )/ 2 )
=1.655/( (302.965+304.574)/ 2 )
=1.655/303.7695
=0.54 %

Bright Solar's ROCE % of for the quarter that ended in Mar. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2025 )  (Q: Sep. 2024 )(Q: Mar. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2025 )  (Q: Sep. 2024 )(Q: Mar. 2025 )
=2.594/( ( (368.975 - 65.666) + (375.876 - 71.302) )/ 2 )
=2.594/( ( 303.309 + 304.574 )/ 2 )
=2.594/303.9415
=0.85 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 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 0.85% mean?
Bright Solar (NSE:BRIGHT) has a ROCE % of 0.85% as of Mar. 2025.
Is Bright Solar's ROCE % too high?
Bright Solar's current ROCE % is 0.85%. The Semiconductors industry median ROCE % is 4.83. Bright Solar's value of 0.85% is 82.4% below this industry median. Overall, Bright Solar has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Bright Solar's ROCE % compare to FSLR and ENPH?
Bright Solar's ROCE % of 0.85% can be compared against companies in the Semiconductors industry. The industry median ROCE % is 4.83. Bright Solar's value of 0.85% is 82.4% 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 Semiconductors company?
The median ROCE % among Semiconductors companies is 4.83, based on 1,018 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. Bright Solar's current ROCE % of 0.85% is 82.4% 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 Semiconductors industry, the median ROCE % is 4.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bright Solar's current ROCE % is 0.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Solar stock overvalued right now?
Bright Solar (NSE:BRIGHT) has a current ROCE % of 0.85%. The current ROCE % is 0.85% and 82.4% below the Semiconductors industry median of 4.83. Bright Solar's overall GF Score™ is 6/100. 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 Bright Solar (NSE:BRIGHT), the current ROCE % is 0.85% as of Mar. 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.

Bright Solar Business Description

Address Shyamal Cross Road, S.F-203, Shangrila Arcade, Opposite Shyamal 3A Row Houses, Satellite, Ahmedabad, GJ, IND, 380 015
Bright Solar Ltd is engaged in the business of manufacturing of solar pump and pumping system & other solar products and Infrastructure projects which includes Rural water supply projects & EPC projects of Water treatment & Sewerage treatment plant unit. Its product offerings include solar water pumping systems, DC solar pumps, AC solar pumps, and others. The operating segments of the company are Solar Water Pumping and Other Solar System; Sale of Services- Installation of Systems and Consulting of Project Tendering, Infrastructure projects, FMCG Business and Drone Services Business. The company generates the majority of its revenue from Solar Water Pumping and other system sales.
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