Gandhar Oil Refinery (India) (NSE:GANDHAR) ROCE %: 15.17% (As of Mar. 2026)


NSE:GANDHAR Gandhar Oil Refinery (India) Ltd NSE:GANDHAR
47 GF Score
Price ₹188.29
! 7 Warning Signs
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What is Gandhar Oil Refinery (India) ROCE %?

Gandhar Oil Refinery (India) NSE:GANDHAR +0.84% 47 ROCE % is 15.17% as of Mar. 2026. GuruFocus rates NSE:GANDHAR with a GF Score™ of 47/100. 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. Gandhar Oil Refinery (India)'s annualized ROCE % for the quarter that ended in Mar. 2026 was 15.17%.

Gandhar Oil Refinery (India)  (NSE:GANDHAR) 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.

Gandhar Oil Refinery (India) ROCE % Related Terms

Gandhar Oil Refinery (India) ROCE % Historical Data

* Premium members only.

The historical data trend for Gandhar Oil Refinery (India)'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.

Gandhar Oil Refinery (India) ROCE % Chart

Gandhar Oil Refinery (India) Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial 45.41 41.47 23.55 11.74 14.39

Gandhar Oil Refinery (India) Quarterly Data
Mar21 Mar22 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 8.37 11.44 16.20 14.57 15.17
NSE:GANDHAR
47GF Score
Gandhar Oil Refinery (India) Ltd NSE:GANDHAR
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Gandhar Oil Refinery (India) ROCE % Calculation

Gandhar Oil Refinery (India)'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 )
=2181.3/( ( (19590.93 - 5118.55) + (22252.3 - 6406.4) )/ 2 )
=2181.3/( (14472.38+15845.9)/ 2 )
=2181.3/15159.14
=14.39 %

Gandhar Oil Refinery (India)'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 )
=2403.6/( ( (0 - 0) + (22252.3 - 6406.4) )/ 1 )
=2403.6/( ( 0 + 15845.9 )/ 1 )
=2403.6/15845.9
=15.17 %

(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 15.17% mean?
Gandhar Oil Refinery (India) (NSE:GANDHAR) has a ROCE % of 15.17% as of Mar. 2026.
Is Gandhar Oil Refinery (India)'s ROCE % too high?
Gandhar Oil Refinery (India)'s current ROCE % is 15.17%. The Oil & Gas industry median ROCE % is 6.86. Gandhar Oil Refinery (India)'s value of 15.17% is 121.3% above this industry median. Overall, Gandhar Oil Refinery (India) has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Gandhar Oil Refinery (India)'s ROCE % compare to VLO and MPC?
Gandhar Oil Refinery (India)'s ROCE % of 15.17% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.86. Gandhar Oil Refinery (India)'s value of 15.17% is 121.3% 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 Oil & Gas company?
The median ROCE % among Oil & Gas companies is 6.86, based on 980 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. Gandhar Oil Refinery (India)'s current ROCE % of 15.17% is 121.3% 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 Oil & Gas industry, the median ROCE % is 6.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gandhar Oil Refinery (India)'s current ROCE % is 15.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gandhar Oil Refinery (India) stock overvalued right now?
Gandhar Oil Refinery (India) (NSE:GANDHAR) has a current ROCE % of 15.17%. The current ROCE % is 15.17% and 121.3% above the Oil & Gas industry median of 6.86. Gandhar Oil Refinery (India)'s overall GF Score™ is 47/100 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 Gandhar Oil Refinery (India) (NSE:GANDHAR), the current ROCE % is 15.17% 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.

Gandhar Oil Refinery (India) Business Description

Industry EnergyOil & Gas
Other Exchanges 544029:India
Address S.V. Road, 18th floor, DLH Park, Goregaon West, Mumbai, MH, IND, 400062
Gandhar Oil Refinery (India) Ltd is a manufacturer of white oils with a growing focus on the consumer and healthcare end industries. The company has only one reportable segment: petroleum products - specialty oils. The geographical segments include the Domestic Market and Overseas Markets.
47GF Score

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

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