Electrosteel Castings (NSE:ELECTCAST) ROCE %: 3.09% (As of Mar. 2026)


NSE:ELECTCAST Electrosteel Castings Ltd NSE:ELECTCAST
73 GF Score
Price ₹78.60
GF Value ₹86.09
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Electrosteel Castings ROCE %?

Electrosteel Castings NSE:ELECTCAST -1.53% 73 ROCE % is 3.09% as of Mar. 2026. GuruFocus rates NSE:ELECTCAST with a GF Score™ of 73/100 and a GF Value™ of ₹86.09 (Fairly Valued). The stock has 4 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. Electrosteel Castings's annualized ROCE % for the quarter that ended in Mar. 2026 was 3.09%.

Electrosteel Castings  (NSE:ELECTCAST) 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.

Electrosteel Castings ROCE % Related Terms

Electrosteel Castings ROCE % Historical Data

* Premium members only.

The historical data trend for Electrosteel Castings'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.

Electrosteel Castings ROCE % Chart

Electrosteel Castings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.56 11.69 19.30 15.49 5.17

Electrosteel Castings 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 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 9.30 9.11 8.62 0.30 3.09
NSE:ELECTCAST
73GF Score
Electrosteel Castings Ltd NSE:ELECTCAST
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Electrosteel Castings ROCE % Calculation

Electrosteel Castings'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 )
=3626.084/( ( (96953.16 - 27789.823) + (94614.405 - 23469.246) )/ 2 )
=3626.084/( (69163.337+71145.159)/ 2 )
=3626.084/70154.248
=5.17 %

Electrosteel Castings'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 )
=2195.432/( ( (0 - 0) + (94614.405 - 23469.246) )/ 1 )
=2195.432/( ( 0 + 71145.159 )/ 1 )
=2195.432/71145.159
=3.09 %

(1) Note: The EBIT data used here is four times the quarterly (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 3.09% mean?
Electrosteel Castings (NSE:ELECTCAST) has a ROCE % of 3.09% as of Mar. 2026.
Is Electrosteel Castings' ROCE % too high?
Electrosteel Castings' current ROCE % is 3.09%. The Construction industry median ROCE % is 8.22. Electrosteel Castings' value of 3.09% is 62.4% below this industry median. Overall, Electrosteel Castings has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Electrosteel Castings' ROCE % compare to TT and JCI?
Electrosteel Castings' ROCE % of 3.09% can be compared against companies in the Construction industry. The industry median ROCE % is 8.22. Electrosteel Castings' value of 3.09% is 62.4% 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 Construction company?
The median ROCE % among Construction companies is 8.22, based on 1,749 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. Electrosteel Castings's current ROCE % of 3.09% is 62.4% 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 Construction industry, the median ROCE % is 8.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electrosteel Castings's current ROCE % is 3.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electrosteel Castings stock overvalued right now?
Based on GuruFocus' analysis, Electrosteel Castings (NSE:ELECTCAST) is currently considered Fairly Valued. The stock's GF Value™ is ₹86.09, compared to a current price of ₹78.60 — trading 8.7% below its estimated fair value. The current ROCE % is 3.09% and 62.4% below the Construction industry median of 8.22. Electrosteel Castings' overall GF Score™ is 73/100 with 4 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 Electrosteel Castings (NSE:ELECTCAST), the current ROCE % is 3.09% 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 Electrosteel Castings (NSE:ELECTCAST) Overvalued in 2026?

Based on GuruFocus' analysis, Electrosteel Castings stock appears to be undervalued. The current stock price of ₹78.60 is trading 8.7% below its estimated GF Value™ of ₹86.09. GuruFocus considers Electrosteel Castings to be Fairly Valued.

Key valuation signals for NSE:ELECTCAST:

  • ROCE %: 3.09%
  • GF Value™: ₹86.09 vs. price of ₹78.60 (8.7% below fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 62.4% below the Construction median

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

Electrosteel Castings Business Description

Other Exchanges 500128:India
Address 19, Camac Street, G.K. Tower, Kolkata, WB, IND, 700017
Electrosteel Castings Ltd is a pipeline solution provider. The business activity of the firm is the manufacturing of ductile iron pipes, fittings, and cast-iron pipes. It offers a range of pipes, which includes DI pipes, Electrolock pipes, and DI flanged pipes, among others. In addition, it also produces Pig Iron, Metallurgical Coke, Sponge Iron, Sinter, Cement, Ferro products, Paint and Power. The company has one reportable segment, namely, Pipes and Fittings, and all other activities revolve around the main business. Geographically, it derives a majority of its revenue within India and also has its presence in international markets through exports of its products.
73GF Score

Get the complete analysis for NSE:ELECTCAST

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

₹78.60
Price
₹86.09
GF Value