Innomet Advanced Materials (NSE:INNOMET) ROCE %: 1.56% (As of Mar. 2026)

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NSE:INNOMET Innomet Advanced Materials Ltd NSE:INNOMET
44 GF Score
Price ₹281.05
! 7 Warning Signs
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What is Innomet Advanced Materials ROCE %?

Innomet Advanced Materials NSE:INNOMET -0.95% 44 ROCE % is 1.56% as of Mar. 2026. GuruFocus rates NSE:INNOMET with a GF Score™ of 44/100. 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. Innomet Advanced Materials's annualized ROCE % for the quarter that ended in Mar. 2026 was 1.56%.

Innomet Advanced Materials  (NSE:INNOMET) 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.

Innomet Advanced Materials ROCE % Related Terms

Innomet Advanced Materials ROCE % Historical Data

* Premium members only.

The historical data trend for Innomet Advanced Materials'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.

Innomet Advanced Materials ROCE % Chart

Innomet Advanced Materials Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial 17.37 42.18 23.96 10.17 6.48

Innomet Advanced Materials Quarterly Data
Mar21 Mar22 Mar23 Sep23 Mar24 Mar25 Mar26
ROCE % Get a 7-Day Free Trial 0.00 54.17 49.95 9.67 1.56
NSE:INNOMET
44GF Score
Innomet Advanced Materials Ltd NSE:INNOMET
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Innomet Advanced Materials ROCE % Calculation

Innomet Advanced Materials'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 )
=32.577/( ( (610.864 - 126.917) + (619.185 - 96.928) )/ 2 )
=32.577/( (483.947+522.257)/ 2 )
=32.577/503.102
=6.48 %

Innomet Advanced Materials'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: Mar. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Mar. 2025 )(Q: Mar. 2026 )
=7.868/( ( (610.864 - 126.917) + (619.185 - 96.928) )/ 2 )
=7.868/( ( 483.947 + 522.257 )/ 2 )
=7.868/503.102
=1.56 %

(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 1.56% mean?
Innomet Advanced Materials (NSE:INNOMET) has a ROCE % of 1.56% as of Mar. 2026.
Is Innomet Advanced Materials' ROCE % too high?
Innomet Advanced Materials' current ROCE % is 1.56%. Overall, Innomet Advanced Materials has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Innomet Advanced Materials' ROCE % compare to competitors?
Innomet Advanced Materials' ROCE % of 1.56% 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. Innomet Advanced Materials's current ROCE % is 1.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innomet Advanced Materials stock overvalued right now?
Innomet Advanced Materials (NSE:INNOMET) has a current ROCE % of 1.56%. The current ROCE % is 1.56%. Innomet Advanced Materials' overall GF Score™ is 44/100 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 Innomet Advanced Materials (NSE:INNOMET), the current ROCE % is 1.56% 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.

Innomet Advanced Materials Business Description

Address B-31, BHEL Ancillary Industrial Estate, Ramachandrapuram, Medak, Hyderabad, TG, IND, 502032
Innomet Advanced Materials Ltd is involved in manufacturing and supplying ferrous and non-ferrous metal/alloy powders and tungsten heavy alloy components. It has two divisions under the brand names Innomet Powders and Innotung. Innomet Powders produces metal and alloy powders using water, air, and gas atomization processes. Innotung is the brand name for the tungsten heavy alloy series made through powder metallurgy by the company. It supplies these materials as bars, plates, cubes, spheres, and components of various sizes and shapes, also in finished machined condition according to customer drawings. The company operates in two product segments: metal powders and tungsten heavy alloys.
44GF Score

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

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