Honda India Power Products (NSE:HONDAPOWER) ROCE %: 17.48% (As of Mar. 2026)


NSE:HONDAPOWER Honda India Power Products Ltd NSE:HONDAPOWER
72 GF Score
Price ₹2,178.10
GF Value ₹2,324.74
Valuation Fairly Valued
! 4 Warning Signs
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What is Honda India Power Products ROCE %?

Honda India Power Products NSE:HONDAPOWER -0.84% 72 ROCE % is 17.48% as of Mar. 2026. GuruFocus rates NSE:HONDAPOWER with a GF Score™ of 72/100 and a GF Value™ of ₹2,324.74 (Fairly Valued). The stock has 4 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. Honda India Power Products's annualized ROCE % for the quarter that ended in Mar. 2026 was 17.48%.

Honda India Power Products  (NSE:HONDAPOWER) 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.

Honda India Power Products ROCE % Related Terms

Honda India Power Products ROCE % Historical Data

* Premium members only.

The historical data trend for Honda India Power Products'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.

Honda India Power Products ROCE % Chart

Honda India Power Products 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 15.72 16.45 16.00 12.90 10.29

Honda India Power Products 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 22.67 5.94 7.94 11.97 17.48
NSE:HONDAPOWER
72GF Score
Honda India Power Products Ltd NSE:HONDAPOWER
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Honda India Power Products ROCE % Calculation

Honda India Power Products'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 )
=858.5/( ( (10475 - 1835.5) + (10318.2 - 2275.3) )/ 2 )
=858.5/( (8639.5+8042.9)/ 2 )
=858.5/8341.2
=10.29 %

Honda India Power Products'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 )
=1406/( ( (0 - 0) + (10318.2 - 2275.3) )/ 1 )
=1406/( ( 0 + 8042.9 )/ 1 )
=1406/8042.9
=17.48 %

(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 17.48% mean?
Honda India Power Products (NSE:HONDAPOWER) has a ROCE % of 17.48% as of Mar. 2026.
Is Honda India Power Products' ROCE % too high?
Honda India Power Products' current ROCE % is 17.48%. The Industrial Products industry median ROCE % is 7.08. Honda India Power Products' value of 17.48% is 146.9% above this industry median. Overall, Honda India Power Products has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Honda India Power Products' ROCE % compare to GEV and ETN?
Honda India Power Products' ROCE % of 17.48% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.08. Honda India Power Products' value of 17.48% is 146.9% 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 an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.08, based on 3,026 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. Honda India Power Products's current ROCE % of 17.48% is 146.9% 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 Industrial Products industry, the median ROCE % is 7.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honda India Power Products's current ROCE % is 17.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honda India Power Products stock overvalued right now?
Based on GuruFocus' analysis, Honda India Power Products (NSE:HONDAPOWER) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,324.74, compared to a current price of ₹2,178.10 — trading 6.3% below its estimated fair value. The current ROCE % is 17.48% and 146.9% above the Industrial Products industry median of 7.08. Honda India Power Products' overall GF Score™ is 72/100 with 4 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 Honda India Power Products (NSE:HONDAPOWER), the current ROCE % is 17.48% 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 Honda India Power Products (NSE:HONDAPOWER) Overvalued in 2026?

Based on GuruFocus' analysis, Honda India Power Products stock appears to be undervalued. The current stock price of ₹2,178.10 is trading 6.3% below its estimated GF Value™ of ₹2,324.74. GuruFocus considers Honda India Power Products to be Fairly Valued.

Key valuation signals for NSE:HONDAPOWER:

  • ROCE %: 17.48%
  • GF Value™: ₹2,324.74 vs. price of ₹2,178.10 (6.3% below fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 146.9% above the Industrial Products median

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

Honda India Power Products Business Description

Other Exchanges 522064:India
Address Plot No. 5, Sector-41 Kasna, Greater Noida Industrial Development Area, District Gautam Budh Nagar, Greater Noida, UP, IND, 201310
Honda India Power Products Ltd is engaged in manufacturing and marketing the portable gensets, water pumps, general purpose engines, lawn mowers, brush cutters, tillers, and marine engines. The geographical spread of the company business is present across Indian as well as international markets and generating revenues from the sale of its products.
72GF Score

Get the complete analysis for NSE:HONDAPOWER

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

₹2,178.10
Price
₹2,324.74
GF Value