Grover Jewells (NSE:GJL) ROCE %: 56.54% (As of Mar. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:GJL Grover Jewells Ltd NSE:GJL
18 GF Score
Price ₹153.00
! 2 Warning Signs
View Full Analysis

What is Grover Jewells ROCE %?

Grover Jewells NSE:GJL -4.38% 18 ROCE % is 56.54% as of Mar. 2025. GuruFocus rates NSE:GJL with a GF Score™ of 18/100. The stock has 2 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. Grover Jewells's annualized ROCE % for the quarter that ended in Mar. 2025 was 56.54%.

Grover Jewells  (NSE:GJL) 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.

Grover Jewells ROCE % Related Terms

Grover Jewells ROCE % Historical Data

* Premium members only.

The historical data trend for Grover Jewells'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.

Grover Jewells ROCE % Chart

Grover Jewells Annual Data
Trend Mar23 Mar24 Mar25
ROCE %
36.48 32.68 56.54

Grover Jewells Semi-Annual Data
Mar23 Mar24 Mar25
ROCE % 36.48 32.68 56.54
NSE:GJL
18GF Score
Grover Jewells Ltd NSE:GJL
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grover Jewells ROCE % Calculation

Grover Jewells'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 )
=100.873/( ( (139.066 - 8.883) + (298.45 - 71.834) )/ 2 )
=100.873/( (130.183+226.616)/ 2 )
=100.873/178.3995
=56.54 %

Grover Jewells'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: Mar. 2024 )(Q: Mar. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2025 )  (Q: Mar. 2024 )(Q: Mar. 2025 )
=100.873/( ( (139.066 - 8.883) + (298.45 - 71.834) )/ 2 )
=100.873/( ( 130.183 + 226.616 )/ 2 )
=100.873/178.3995
=56.54 %

(1) Note: The EBIT data used here is one times the 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 56.54% mean?
Grover Jewells (NSE:GJL) has a ROCE % of 56.54% as of Mar. 2025.
Is Grover Jewells' ROCE % too high?
Grover Jewells' current ROCE % is 56.54%. The Retail - Cyclical industry median ROCE % is 7.66. Grover Jewells' value of 56.54% is 638.1% above this industry median. Overall, Grover Jewells has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Grover Jewells' ROCE % compare to TPR?
Grover Jewells' ROCE % of 56.54% can be compared against companies in the Retail - Cyclical industry. The industry median ROCE % is 7.66. Grover Jewells' value of 56.54% is 638.1% 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 Retail - Cyclical company?
The median ROCE % among Retail - Cyclical companies is 7.66, based on 1,117 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. Grover Jewells's current ROCE % of 56.54% is 638.1% 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 Retail - Cyclical industry, the median ROCE % is 7.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grover Jewells's current ROCE % is 56.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grover Jewells stock overvalued right now?
Grover Jewells (NSE:GJL) has a current ROCE % of 56.54%. The current ROCE % is 56.54% and 638.1% above the Retail - Cyclical industry median of 7.66. Grover Jewells' overall GF Score™ is 18/100 with 2 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 Grover Jewells (NSE:GJL), the current ROCE % is 56.54% 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.

Grover Jewells Business Description

Address Lawrance Road Industrial Area, House No C-44/5, 1st Floor, Keshavpuram Ind Area, North West, Delhi, IND, 110035
Grover Jewells Ltd specializes in the manufacturing and designing of a wide range of wholesale gold jewellery. Its collections include plain gold, studded, and semi-finished jewellery, mostly available in 22 Karat, 20 Karat, and 18 Karat. The company also sell hallmarked as well as non-hallmarked jewellery in its showrooms located at Karol Bagh, New Delhi and Chandni Chowk, Delhi. The company commenced its operations with a specialization in the large-scale manufacturing of gold chains, serving both wholesale and retail markets. By offering products across various styles and price segments, it is able to cater to a wide customer base while maintaining the highest standards of craftsmanship, reliability, and trust that form the cornerstone of its brand.
18GF Score

Get the complete analysis for NSE:GJL

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

₹153.00
Price