Chaman Metallics (NSE:CMNL) ROCE %: 7.84% (As of Mar. 2026)


NSE:CMNL Chaman Metallics Ltd NSE:CMNL
69 GF Score
Price ₹100.00
GF Value ₹342.65
Valuation Possible Value Trap
! 8 Warning Signs
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What is Chaman Metallics ROCE %?

Chaman Metallics NSE:CMNL -0.94% 69 ROCE % is 7.84% as of Mar. 2026. GuruFocus rates NSE:CMNL with a GF Score™ of 69/100 and a GF Value™ of ₹342.65 (Possible Value Trap). The stock has 8 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. Chaman Metallics's annualized ROCE % for the quarter that ended in Mar. 2026 was 7.84%.

Chaman Metallics  (NSE:CMNL) 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.

Chaman Metallics ROCE % Related Terms

Chaman Metallics ROCE % Historical Data

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The historical data trend for Chaman Metallics'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.

Chaman Metallics ROCE % Chart

Chaman Metallics Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial 31.03 32.89 11.56 4.88 5.71

Chaman Metallics Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Mar24 Mar25 Mar26
ROCE % Get a 7-Day Free Trial 35.32 40.75 0.00 3.50 7.84
NSE:CMNL
69GF Score
Chaman Metallics Ltd NSE:CMNL
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Chaman Metallics ROCE % Calculation

Chaman Metallics'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 )
=242.468/( ( (5008.074 - 1039.012) + (6442.339 - 1923.048) )/ 2 )
=242.468/( (3969.062+4519.291)/ 2 )
=242.468/4244.1765
=5.71 %

Chaman Metallics'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: Mar. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Mar. 2025 )(Q: Mar. 2026 )
=332.778/( ( (5008.074 - 1039.012) + (6442.339 - 1923.048) )/ 2 )
=332.778/( ( 3969.062 + 4519.291 )/ 2 )
=332.778/4244.1765
=7.84 %

(1) Note: The EBIT data used here is two times the semi-annual (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 7.84% mean?
Chaman Metallics (NSE:CMNL) has a ROCE % of 7.84% as of Mar. 2026.
Is Chaman Metallics' ROCE % too high?
Chaman Metallics' current ROCE % is 7.84%. The Steel industry median ROCE % is 5.50. Chaman Metallics' value of 7.84% is 42.5% above this industry median. Overall, Chaman Metallics has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chaman Metallics' ROCE % compare to NUE and STLD?
Chaman Metallics' ROCE % of 7.84% can be compared against companies in the Steel industry. The industry median ROCE % is 5.50. Chaman Metallics' value of 7.84% is 42.5% 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 Steel company?
The median ROCE % among Steel companies is 5.50, based on 621 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. Chaman Metallics's current ROCE % of 7.84% is 42.5% 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 Steel industry, the median ROCE % is 5.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chaman Metallics's current ROCE % is 7.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chaman Metallics stock overvalued right now?
Based on GuruFocus' analysis, Chaman Metallics (NSE:CMNL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹342.65, compared to a current price of ₹100.00 — trading 70.8% below its estimated fair value. The current ROCE % is 7.84% and 42.5% above the Steel industry median of 5.50. Chaman Metallics' overall GF Score™ is 69/100 with 8 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 Chaman Metallics (NSE:CMNL), the current ROCE % is 7.84% 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 Chaman Metallics (NSE:CMNL) Overvalued in 2026?

Based on GuruFocus' analysis, Chaman Metallics stock appears to be undervalued. The current stock price of ₹100.00 is trading 70.8% below its estimated GF Value™ of ₹342.65. GuruFocus considers Chaman Metallics to be Possible Value Trap.

Key valuation signals for NSE:CMNL:

  • ROCE %: 7.84%
  • GF Value™: ₹342.65 vs. price of ₹100.00 (70.8% below fair value)
  • GF Score™: 69/100 with 8 warning signs
  • Industry Position: 42.5% above the Steel median

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

Chaman Metallics Business Description

Address Samta Colony, Agrawal Complex, Opp. Pandey Nursing Home, Raipur, CT, IND, 492001
Chaman Metallics Ltd is engaged in the business of selling Iron and Steel. The company is engaged in manufacturing and selling Direct Reduced Iron (i.e., sponge iron), which is used as a raw material for making steel in electric arc furnaces and induction furnaces.
69GF Score

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

₹100.00
Price
₹342.65
GF Value