Indian Metals & Ferro Alloys (NSE:IMFA) ROCE %: 18.80% (As of Mar. 2026)

What is Indian Metals & Ferro Alloys ROCE %?

Indian Metals & Ferro Alloys NSE:IMFA -4.06% 65 ROCE % is 18.80% as of Mar. 2026. GuruFocus rates NSE:IMFA with a GF Score™ of 65/100 and a GF Value™ of ₹831.89 (Significantly Overvalued). 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. Indian Metals & Ferro Alloys's annualized ROCE % for the quarter that ended in Mar. 2026 was 18.80%.

Indian Metals & Ferro Alloys (NSE:IMFA) 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.

Indian Metals & Ferro Alloys ROCE % Related Terms

Indian Metals & Ferro Alloys ROCE % Historical Data

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The historical data trend for Indian Metals & Ferro Alloys'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.

Indian Metals & Ferro Alloys ROCE % Chart

Indian Metals & Ferro Alloys Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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37.33

17.72

26.05

23.19

21.07

Indian Metals & Ferro Alloys 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															11.88	21.59	21.07	25.96	18.80

65GF Score

Indian Metals & Ferro Alloys Ltd NSE:IMFA

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

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Indian Metals & Ferro Alloys ROCE % Calculation

Indian Metals & Ferro Alloys'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 )
	=	5892.5	/	( ( (31774.4 - 7186.7)	+	(43165.3 - 11830) )	/ 2 )
	=	5892.5	/	( (24587.7	+	31335.3)	/ 2 )
	=	5892.5	/	27961.5
	=	21.07 %

Indian Metals & Ferro Alloys'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 )
	=	5892	/	( ( (0 - 0)	+	(43165.3 - 11830) )	/ 1 )
	=	5892	/	( ( 0	+	31335.3 )	/ 1 )
	=	5892	/	31335.3
	=	18.80 %

(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 18.80% mean?

Indian Metals & Ferro Alloys (NSE:IMFA) has a ROCE % of 18.80% as of Mar. 2026.

Is Indian Metals & Ferro Alloys' ROCE % too high?

Indian Metals & Ferro Alloys' current ROCE % is 18.80%. Overall, Indian Metals & Ferro Alloys has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Indian Metals & Ferro Alloys' ROCE % compare to competitors?

Indian Metals & Ferro Alloys' ROCE % of 18.80% can be compared against companies in the Metals & Mining industry. 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 Metals & Mining company?

A good ROCE % depends on the Metals & Mining industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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. Indian Metals & Ferro Alloys's current ROCE % is 18.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Indian Metals & Ferro Alloys stock overvalued right now?

Based on GuruFocus' analysis, Indian Metals & Ferro Alloys (NSE:IMFA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹831.89, compared to a current price of ₹1,327.00 — trading 59.5% above its estimated fair value. The current ROCE % is 18.80%. Indian Metals & Ferro Alloys' overall GF Score™ is 65/100 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 Indian Metals & Ferro Alloys (NSE:IMFA), the current ROCE % is 18.80% 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 Indian Metals & Ferro Alloys (NSE:IMFA) Overvalued in 2026?

Based on GuruFocus' analysis, Indian Metals & Ferro Alloys stock appears to be overvalued. The current stock price of ₹1,327.00 is trading 59.5% above its estimated GF Value™ of ₹831.89. GuruFocus considers Indian Metals & Ferro Alloys to be Significantly Overvalued.

Key valuation signals for NSE:IMFA:

ROCE %: 18.80%
GF Value™: ₹831.89 vs. price of ₹1,327.00 (59.5% above fair value)
GF Score™: 65/100 with 4 warning signs

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

Indian Metals & Ferro Alloys Business Description

Industry Basic Materials Metals & Mining

Comparable Companies BOM:527001 BOM:533286 BOM:544537 BOM:544138 BOM:512014 BOM:533022 BOM:530129 NSE:VISHNUINFR NSE:OWAIS BOM:502015 ASX:BHP ASX:RIO LSE:RIO MEX:GMEXICOB LSE:GLEN BSP:VALE3 SAU:1211 LSE:AAL HKSE:03993 ASX:FMG

Other Exchanges 533047:India

Address Bomikhal, IMFA Building, P.O. Rasulgarh, Bhubaneswar, OR, IND, 751010

Website https://www.imfa.in

Indian Metals & Ferro Alloys Ltd is a producer of value-added ferrochrome in India, with operations spanning the entire value chain from captive chromite mining and power generation to smelting and exports of ferrochrome. The group's reportable segments are Ferro Alloys, Power, Mining, and All Other segments. The majority of its revenue is generated from the Ferro Alloys segment, which produces value-added ferrochrome, which has extensive applications in the manufacture of specialty alloys and stainless steels. Geographically, the majority of the group's revenue is generated through the exports of its products to its customers outside India in countries such as South Korea, China, Taiwan, Japan, and others.

65GF Score

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

₹1,327.00

Price

₹831.89

GF Value

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