India Nippon Electricals (NSE:INDNIPPON) ROCE %: 23.07% (As of Mar. 2026)


NSE:INDNIPPON India Nippon Electricals Ltd NSE:INDNIPPON
91 GF Score
Price ₹986.70
GF Value ₹957.86
Valuation Fairly Valued
! 3 Warning Signs
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What is India Nippon Electricals ROCE %?

India Nippon Electricals NSE:INDNIPPON -0.93% 91 ROCE % is 23.07% as of Mar. 2026. GuruFocus rates NSE:INDNIPPON with a GF Score™ of 91/100 and a GF Value™ of ₹957.86 (Fairly Valued). The stock has 3 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. India Nippon Electricals's annualized ROCE % for the quarter that ended in Mar. 2026 was 23.07%.

India Nippon Electricals  (NSE:INDNIPPON) 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.

India Nippon Electricals ROCE % Related Terms

India Nippon Electricals ROCE % Historical Data

* Premium members only.

The historical data trend for India Nippon Electricals'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.

India Nippon Electricals ROCE % Chart

India Nippon Electricals 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 12.38 10.77 12.05 14.53 17.98

India Nippon Electricals 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 15.87 16.17 15.39 15.98 23.07
NSE:INDNIPPON
91GF Score
India Nippon Electricals Ltd NSE:INDNIPPON
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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India Nippon Electricals ROCE % Calculation

India Nippon Electricals'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 )
=1464.4/( ( (9388.8 - 1834.5) + (10673.1 - 1940.7) )/ 2 )
=1464.4/( (7554.3+8732.4)/ 2 )
=1464.4/8143.35
=17.98 %

India Nippon Electricals'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 )
=2014.8/( ( (0 - 0) + (10673.1 - 1940.7) )/ 1 )
=2014.8/( ( 0 + 8732.4 )/ 1 )
=2014.8/8732.4
=23.07 %

(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 23.07% mean?
India Nippon Electricals (NSE:INDNIPPON) has a ROCE % of 23.07% as of Mar. 2026.
Is India Nippon Electricals' ROCE % too high?
India Nippon Electricals' current ROCE % is 23.07%. The Vehicles & Parts industry median ROCE % is 7.94. India Nippon Electricals' value of 23.07% is 190.6% above this industry median. Overall, India Nippon Electricals has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does India Nippon Electricals' ROCE % compare to ORLY and AZO?
India Nippon Electricals' ROCE % of 23.07% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. India Nippon Electricals' value of 23.07% is 190.6% 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 Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 7.94, based on 1,319 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. India Nippon Electricals's current ROCE % of 23.07% is 190.6% 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 Vehicles & Parts industry, the median ROCE % is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. India Nippon Electricals's current ROCE % is 23.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Nippon Electricals stock overvalued right now?
Based on GuruFocus' analysis, India Nippon Electricals (NSE:INDNIPPON) is currently considered Fairly Valued. The stock's GF Value™ is ₹957.86, compared to a current price of ₹986.70 — trading 3% above its estimated fair value. The current ROCE % is 23.07% and 190.6% above the Vehicles & Parts industry median of 7.94. India Nippon Electricals' overall GF Score™ is 91/100 with 3 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 India Nippon Electricals (NSE:INDNIPPON), the current ROCE % is 23.07% 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 India Nippon Electricals (NSE:INDNIPPON) Overvalued in 2026?

Based on GuruFocus' analysis, India Nippon Electricals stock appears to be overvalued. The current stock price of ₹986.70 is trading 3% above its estimated GF Value™ of ₹957.86. GuruFocus considers India Nippon Electricals to be Fairly Valued.

Key valuation signals for NSE:INDNIPPON:

  • ROCE %: 23.07%
  • GF Value™: ₹957.86 vs. price of ₹986.70 (3% above fair value)
  • GF Score™: 91/100 with 3 warning signs
  • Industry Position: 190.6% above the Vehicles & Parts median

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

India Nippon Electricals Business Description

Other Exchanges 532240:India
Address No. 11 and 13, Patullos Road, Chennai, TN, IND, 600002
India Nippon Electricals Ltd is an India-based company that engages in the business of manufacturing electronic ignition systems for two-wheelers, three-wheelers, and portable engines. The company offers AC generator products, such as flywheel magneto, stator, rotor products, regulator and rectifier units, ignition coils, exhaust gas recirculation controllers, engine controller units, auto choke-generation purpose engines, dual output ignition products, non-contact and contact type throttle position sensors, and PM alternators. Geographically, it derives a majority of its revenue from India.
91GF Score

Get the complete analysis for NSE:INDNIPPON

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

₹986.70
Price
₹957.86
GF Value