Goodluck India (NSE:GOODLUCK) ROCE %: 22.36% (As of Mar. 2026)

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:GOODLUCK Goodluck India Ltd NSE:GOODLUCK
71 GF Score
Price ₹1,525.80
GF Value ₹879.67
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Goodluck India ROCE %?

Goodluck India NSE:GOODLUCK -0.12% 71 ROCE % is 22.36% as of Mar. 2026. GuruFocus rates NSE:GOODLUCK with a GF Score™ of 71/100 and a GF Value™ of ₹879.67 (Significantly Overvalued). 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. Goodluck India's annualized ROCE % for the quarter that ended in Mar. 2026 was 22.36%.

Goodluck India  (NSE:GOODLUCK) 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.

Goodluck India ROCE % Related Terms

Goodluck India ROCE % Historical Data

* Premium members only.

The historical data trend for Goodluck 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.

Goodluck India ROCE % Chart

Goodluck India 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 25.94 26.22 24.50 21.10 20.84

Goodluck India 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 20.21 20.86 20.09 20.69 22.36
NSE:GOODLUCK
71GF Score
Goodluck India Ltd NSE:GOODLUCK
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goodluck India ROCE % Calculation

Goodluck 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 )
=3514.634/( ( (25293.2 - 9705.745) + (30461.778 - 12313.97) )/ 2 )
=3514.634/( (15587.455+18147.808)/ 2 )
=3514.634/16867.6315
=20.84 %

Goodluck 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 )
=4057.736/( ( (0 - 0) + (30461.778 - 12313.97) )/ 1 )
=4057.736/( ( 0 + 18147.808 )/ 1 )
=4057.736/18147.808
=22.36 %

(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 22.36% mean?
Goodluck India (NSE:GOODLUCK) has a ROCE % of 22.36% as of Mar. 2026.
Is Goodluck India's ROCE % too high?
Goodluck India's current ROCE % is 22.36%. The Steel industry median ROCE % is 5.67. Goodluck India's value of 22.36% is 294.4% above this industry median. Overall, Goodluck India has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Goodluck India's ROCE % compare to NUE and STLD?
Goodluck India's ROCE % of 22.36% can be compared against companies in the Steel industry. The industry median ROCE % is 5.67. Goodluck India's value of 22.36% is 294.4% 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 5.67, 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. Goodluck India's current ROCE % of 22.36% is 294.4% 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 5.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodluck India's current ROCE % is 22.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodluck India stock overvalued right now?
Based on GuruFocus' analysis, Goodluck India (NSE:GOODLUCK) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹879.67, compared to a current price of ₹1,525.80 — trading 73.5% above its estimated fair value. The current ROCE % is 22.36% and 294.4% above the Steel industry median of 5.67. Goodluck India's overall GF Score™ is 71/100 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 Goodluck India (NSE:GOODLUCK), the current ROCE % is 22.36% 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 Goodluck India (NSE:GOODLUCK) Overvalued in 2026?

Based on GuruFocus' analysis, Goodluck India stock appears to be overvalued. The current stock price of ₹1,525.80 is trading 73.5% above its estimated GF Value™ of ₹879.67. GuruFocus considers Goodluck India to be Significantly Overvalued.

Key valuation signals for NSE:GOODLUCK:

  • ROCE %: 22.36%
  • GF Value™: ₹879.67 vs. price of ₹1,525.80 (73.5% above fair value)
  • GF Score™: 71/100 with 7 warning signs
  • Industry Position: 294.4% above the Steel median

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

Goodluck India Business Description

Other Exchanges 530655:India
Address Ambedkar Road, Goodluck House, II - F, 166-167, Nehru Nagar, Ghaziabad, UP, IND, 201001
Goodluck India Ltd is engaged in the manufacturing and sale of iron and steel products. The company manufactures and sells engineering products such as heavy engineered structures, transmission and distribution towers, CDW Tubes, Precision Tubes, Pipes, Sheets and Forged engineering products. The group has a business presence in India and Outside India, of which key revenue is derived from India. The company generates the majority of its revenue from the sale of products.
71GF Score

Get the complete analysis for NSE:GOODLUCK

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

₹1,525.80
Price
₹879.67
GF Value