Galaxy Medicare (NSE:GML) ROCE %: 10.25% (As of Mar. 2026)


NSE:GML Galaxy Medicare Ltd NSE:GML
19 GF Score
Price ₹17.85
! 2 Warning Signs
View Full Analysis

What is Galaxy Medicare ROCE %?

Galaxy Medicare NSE:GML -3.51% 19 ROCE % is 10.25% as of Mar. 2026. GuruFocus rates NSE:GML with a GF Score™ of 19/100. 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. Galaxy Medicare's annualized ROCE % for the quarter that ended in Mar. 2026 was 10.25%.

Galaxy Medicare  (NSE:GML) 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.

Galaxy Medicare ROCE % Related Terms

Galaxy Medicare ROCE % Historical Data

* Premium members only.

The historical data trend for Galaxy Medicare'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.

Galaxy Medicare ROCE % Chart

Galaxy Medicare Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
4.44 14.52 25.56 21.59 15.03

Galaxy Medicare Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
ROCE % Get a 7-Day Free Trial 0.00 23.59 19.97 17.78 10.25
NSE:GML
19GF Score
Galaxy Medicare Ltd NSE:GML
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Galaxy Medicare ROCE % Calculation

Galaxy Medicare'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 )
=49.837/( ( (314.933 - 66.828) + (487.734 - 72.85) )/ 2 )
=49.837/( (248.105+414.884)/ 2 )
=49.837/331.4945
=15.03 %

Galaxy Medicare'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: Sep. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=41.856/( ( (454.252 - 52.112) + (487.734 - 72.85) )/ 2 )
=41.856/( ( 402.14 + 414.884 )/ 2 )
=41.856/408.512
=10.25 %

(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 10.25% mean?
Galaxy Medicare (NSE:GML) has a ROCE % of 10.25% as of Mar. 2026.
Is Galaxy Medicare's ROCE % too high?
Galaxy Medicare's current ROCE % is 10.25%. The Medical Devices & Instruments industry median ROCE % is 2.23. Galaxy Medicare's value of 10.25% is 359.6% above this industry median. Overall, Galaxy Medicare has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Galaxy Medicare's ROCE % compare to ISRG and BDX?
Galaxy Medicare's ROCE % of 10.25% can be compared against companies in the Medical Devices & Instruments industry. The industry median ROCE % is 2.23. Galaxy Medicare's value of 10.25% is 359.6% 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 Medical Devices & Instruments company?
The median ROCE % among Medical Devices & Instruments companies is 2.23, based on 814 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. Galaxy Medicare's current ROCE % of 10.25% is 359.6% 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 Medical Devices & Instruments industry, the median ROCE % is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Galaxy Medicare's current ROCE % is 10.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Galaxy Medicare stock overvalued right now?
Galaxy Medicare (NSE:GML) has a current ROCE % of 10.25%. The current ROCE % is 10.25% and 359.6% above the Medical Devices & Instruments industry median of 2.23. Galaxy Medicare's overall GF Score™ is 19/100 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 Galaxy Medicare (NSE:GML), the current ROCE % is 10.25% 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.

Galaxy Medicare Business Description

Address Plot No-2, Zone D, Phase A, Mancheswar Industrial Estate, Khurda, Bhubaneswar, OR, IND, 751010
Galaxy Medicare Ltd is engaged into the manufacturing, trading and exporting of Medical Devices, Plasters of Paris Bandages (POP Bandage) and Other surgical dressings in India. Its business encompass: Manufacturing and Branding of its own products under its flagship brands i.e. POP BAND, POP CAST, G CAST, GYPSOSOFT, GYPSOPLAST, CARETAPE, GYPSOCREPE, CARECREPE, CAREPORE GYPSONET, GYPSOCHLOR, FIXCAN ETC.
19GF Score

Get the complete analysis for NSE:GML

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

₹17.85
Price