Grand Foundry (NSE:GFSTEELS) ROCE %: 322.17% (As of Mar. 2026)


NSE:GFSTEELS Grand Foundry Ltd NSE:GFSTEELS
15 GF Score
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What is Grand Foundry ROCE %?

Grand Foundry NSE:GFSTEELS 15 ROCE % is 322.17% as of Mar. 2026. GuruFocus rates NSE:GFSTEELS with a GF Score™ of 15/100. 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. Grand Foundry's annualized ROCE % for the quarter that ended in Mar. 2026 was 322.17%.

Grand Foundry  (NSE:GFSTEELS) 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.

Grand Foundry ROCE % Related Terms

Grand Foundry ROCE % Historical Data

* Premium members only.

The historical data trend for Grand Foundry'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.

Grand Foundry ROCE % Chart

Grand Foundry 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 0.00 0.00 0.00 0.00 0.00

Grand Foundry 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 0.00 0.00 0.00 0.00 322.17
NSE:GFSTEELS
15GF Score
Grand Foundry Ltd NSE:GFSTEELS
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Grand Foundry ROCE % Calculation

Grand Foundry'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 )
=7.437/( ( (0.054 - 56.402) + (133.672 - 120.284) )/ 2 )
=7.437/( (-56.348+13.388)/ 2 )
=7.437/-21.48
=-34.62 %

Grand Foundry'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 )
=43.132/( ( (0 - 0) + (133.672 - 120.284) )/ 1 )
=43.132/( ( 0 + 13.388 )/ 1 )
=43.132/13.388
=322.17 %

(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 322.17% mean?
Grand Foundry (NSE:GFSTEELS) has a ROCE % of 322.17% as of Mar. 2026.
Is Grand Foundry's ROCE % too high?
Grand Foundry's current ROCE % is 322.17%. The Steel industry median ROCE % is 5.50. Grand Foundry's value of 322.17% is 5757.6% above this industry median. Overall, Grand Foundry has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Grand Foundry's ROCE % compare to NUE and STLD?
Grand Foundry's ROCE % of 322.17% can be compared against companies in the Steel industry. The industry median ROCE % is 5.50. Grand Foundry's value of 322.17% is 5757.6% 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. Grand Foundry's current ROCE % of 322.17% is 5757.6% 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. Grand Foundry's current ROCE % is 322.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Foundry stock overvalued right now?
Grand Foundry (NSE:GFSTEELS) has a current ROCE % of 322.17%. The current ROCE % is 322.17% and 5757.6% above the Steel industry median of 5.50. Grand Foundry's overall GF Score™ is 15/100 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 Grand Foundry (NSE:GFSTEELS), the current ROCE % is 322.17% 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.

Grand Foundry Business Description

Other Exchanges 513343:India
Address Sanjay Appa Chambers, 302, Cabin No.1, Plot No. 82 Behind Charat Singh Colony, Chakala Midc, Andheri East, Mumbai, MH, IND, 400093
Grand Foundry Ltd is engaged in the manufacturing of bright steel bars and wires. The company offers various heat treatment processes and supplies commercial lots of heat-treated bars to specific standards in the international market American, and German standards. Its products are utilized for various applications in the engineering industries, including petrochemical, oil and natural gas, and automotive industries.
15GF 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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