Grasim Industries (NSE:GRASIM) ROCE %: 5.33% (As of Mar. 2026)

What is Grasim Industries ROCE %?

Grasim Industries NSE:GRASIM -0.04% 88 ROCE % is 5.33% as of Mar. 2026. GuruFocus rates NSE:GRASIM with a GF Score™ of 88/100 and a GF Value™ of ₹2,975.24 (Fairly Valued). 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. Grasim Industries's annualized ROCE % for the quarter that ended in Mar. 2026 was 5.33%.

Grasim Industries (NSE:GRASIM) 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.

Grasim Industries ROCE % Related Terms

Grasim Industries ROCE % Historical Data

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The historical data trend for Grasim Industries'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.

Grasim Industries ROCE % Chart

Grasim Industries Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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6.20

6.40

5.22

3.82

4.27

Grasim Industries 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															4.90	4.73	3.22	3.79	5.33

88GF Score

Grasim Industries Ltd NSE:GRASIM

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Grasim Industries ROCE % Calculation

Grasim Industries'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 )
	=	180126.7	/	( ( (5005357 - 1075237.1)	+	(5695545.6 - 1195998) )	/ 2 )
	=	180126.7	/	( (3930119.9	+	4499547.6)	/ 2 )
	=	180126.7	/	4214833.75
	=	4.27 %

Grasim Industries'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 )
	=	240022.4	/	( ( (0 - 0)	+	(5695545.6 - 1195998) )	/ 1 )
	=	240022.4	/	( ( 0	+	4499547.6 )	/ 1 )
	=	240022.4	/	4499547.6
	=	5.33 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 5.33% mean?

Grasim Industries (NSE:GRASIM) has a ROCE % of 5.33% as of Mar. 2026.

Is Grasim Industries' ROCE % too high?

Grasim Industries' current ROCE % is 5.33%. The Building Materials industry median ROCE % is 5.95. Grasim Industries' value of 5.33% is 10.3% below this industry median. Overall, Grasim Industries has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Grasim Industries' ROCE % compare to CRH and VMC?

Grasim Industries' ROCE % of 5.33% can be compared against companies in the Building Materials industry. The industry median ROCE % is 5.95. Grasim Industries' value of 5.33% is 10.3% below 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 Building Materials company?

The median ROCE % among Building Materials companies is 5.95, based on 404 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. Grasim Industries's current ROCE % of 5.33% is 10.3% below 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 Building Materials industry, the median ROCE % is 5.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grasim Industries's current ROCE % is 5.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Grasim Industries stock overvalued right now?

Based on GuruFocus' analysis, Grasim Industries (NSE:GRASIM) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,975.24, compared to a current price of ₹3,126.60 — trading 5.1% above its estimated fair value. The current ROCE % is 5.33% and 10.3% below the Building Materials industry median of 5.95. Grasim Industries' overall GF Score™ is 88/100 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 Grasim Industries (NSE:GRASIM), the current ROCE % is 5.33% 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 Grasim Industries (NSE:GRASIM) Overvalued in 2026?

Based on GuruFocus' analysis, Grasim Industries stock appears to be overvalued. The current stock price of ₹3,126.60 is trading 5.1% above its estimated GF Value™ of ₹2,975.24. GuruFocus considers Grasim Industries to be Fairly Valued.

Key valuation signals for NSE:GRASIM:

ROCE %: 5.33%
GF Value™: ₹2,975.24 vs. price of ₹3,126.60 (5.1% above fair value)
GF Score™: 88/100 with 7 warning signs
Industry Position: 10.3% below the Building Materials median

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

Grasim Industries Business Description

Industry Basic Materials Building Materials

Comparable Companies BOM:500425 BOM:500387 BOM:532538 NSE:JKCEMENT BOM:542216 BOM:500410 NSE:RAMCOCEM NSE:JSWCEMENT BOM:543334 BOM:530005 CRH XSWX:HOLN XTER:HEI VMC MLM XSWX:AMRZ SHSE:600176 MEX:CEMEXCPO SHSE:600585 NSA:DCP

Other Exchanges 500300:India

Address Sudam Kalu Ahire Marg, A Wing, 2nd Floor, Aditya Birla Centre, Worli, Mumbai, MH, IND, 400030

Website https://www.grasim.com

Grasim Industries Ltd is a cement and viscose staple fibre (VSF) manufacturing firm based in India. The activities of the group fall under the operating segments of Cellulosic Fibres, Chemicals, Building materials, Financial Services, and Others. It derives key revenue from the Building materials segment which covers products like grey cement, paints, white cement, and allied products. Geographically, the company derives a majority of its revenue from the domestic market and the rest from other countries through exports.

88GF Score

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

₹3,126.60

Price

₹2,975.24

GF Value

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