HariOm Pipe Industries (NSE:HARIOMPIPE) ROCE %: 26.83% (As of Mar. 2026)


NSE:HARIOMPIPE HariOm Pipe Industries Ltd NSE:HARIOMPIPE
88 GF Score
Price ₹399.85
GF Value ₹796.61
Valuation Possible Value Trap
! 5 Warning Signs
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What is HariOm Pipe Industries ROCE %?

HariOm Pipe Industries NSE:HARIOMPIPE +0.46% 88 ROCE % is 26.83% as of Mar. 2026. GuruFocus rates NSE:HARIOMPIPE with a GF Score™ of 88/100 and a GF Value™ of ₹796.61 (Possible Value Trap). The stock has 5 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. HariOm Pipe Industries's annualized ROCE % for the quarter that ended in Mar. 2026 was 26.83%.

HariOm Pipe Industries  (NSE:HARIOMPIPE) 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.

HariOm Pipe Industries ROCE % Related Terms

HariOm Pipe Industries ROCE % Historical Data

* Premium members only.

The historical data trend for HariOm Pipe 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.

HariOm Pipe Industries ROCE % Chart

HariOm Pipe Industries Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial 40.74 22.46 19.93 20.13 20.79

HariOm Pipe 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 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 21.05 26.33 15.16 16.00 26.83
NSE:HARIOMPIPE
88GF Score
HariOm Pipe Industries Ltd NSE:HARIOMPIPE
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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HariOm Pipe Industries ROCE % Calculation

HariOm Pipe 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 )
=1572.903/( ( (11968.719 - 5188.518) + (12198.882 - 3848.781) )/ 2 )
=1572.903/( (6780.201+8350.101)/ 2 )
=1572.903/7565.151
=20.79 %

HariOm Pipe 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 )
=2240.616/( ( (0 - 0) + (12198.882 - 3848.781) )/ 1 )
=2240.616/( ( 0 + 8350.101 )/ 1 )
=2240.616/8350.101
=26.83 %

(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 26.83% mean?
HariOm Pipe Industries (NSE:HARIOMPIPE) has a ROCE % of 26.83% as of Mar. 2026.
Is HariOm Pipe Industries' ROCE % too high?
HariOm Pipe Industries' current ROCE % is 26.83%. The Steel industry median ROCE % is 5.52. HariOm Pipe Industries' value of 26.83% is 386.1% above this industry median. Overall, HariOm Pipe Industries has a GF Score™ of 88/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HariOm Pipe Industries' ROCE % compare to NUE and STLD?
HariOm Pipe Industries' ROCE % of 26.83% can be compared against companies in the Steel industry. The industry median ROCE % is 5.52. HariOm Pipe Industries' value of 26.83% is 386.1% 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 Steel company?
The median ROCE % among Steel companies is 5.52, based on 619 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. HariOm Pipe Industries's current ROCE % of 26.83% is 386.1% 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 Steel industry, the median ROCE % is 5.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HariOm Pipe Industries's current ROCE % is 26.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HariOm Pipe Industries stock overvalued right now?
Based on GuruFocus' analysis, HariOm Pipe Industries (NSE:HARIOMPIPE) is currently considered Possible Value Trap. The stock's GF Value™ is ₹796.61, compared to a current price of ₹399.85 — trading 49.8% below its estimated fair value. The current ROCE % is 26.83% and 386.1% above the Steel industry median of 5.52. HariOm Pipe Industries' overall GF Score™ is 88/100 with 5 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 HariOm Pipe Industries (NSE:HARIOMPIPE), the current ROCE % is 26.83% 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 HariOm Pipe Industries (NSE:HARIOMPIPE) Overvalued in 2026?

Based on GuruFocus' analysis, HariOm Pipe Industries stock appears to be undervalued. The current stock price of ₹399.85 is trading 49.8% below its estimated GF Value™ of ₹796.61. GuruFocus considers HariOm Pipe Industries to be Possible Value Trap.

Key valuation signals for NSE:HARIOMPIPE:

  • ROCE %: 26.83%
  • GF Value™: ₹796.61 vs. price of ₹399.85 (49.8% below fair value)
  • GF Score™: 88/100 with 5 warning signs
  • Industry Position: 386.1% above the Steel median

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

HariOm Pipe Industries Business Description

Other Exchanges 543517:India
Address Samarpan Lane, Plot 3-4-174/12/2, 1st Floor, Besides Spencer’s, Pillar No. 125, Attapur, Hyderabad, TG, IND, 500 048
HariOm Pipe Industries Ltd is engaged in business of Manufacturing & selling of Steel Products. The products are used in industries such as housing, infrastructure, agriculture, automotive solar, fabrication, and engineering.
88GF Score

Get the complete analysis for NSE:HARIOMPIPE

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

₹399.85
Price
₹796.61
GF Value