Innovative Tyres & Tubes (NSE:ITTL) ROCE %: -5.60% (As of Sep. 2025)


NSE:ITTL Innovative Tyres & Tubes Ltd NSE:ITTL
42 GF Score
Price ₹78.00
GF Value ₹67.01
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Innovative Tyres & Tubes ROCE %?

Innovative Tyres & Tubes NSE:ITTL +1.96% 42 ROCE % is -5.60% as of Sep. 2025. GuruFocus rates NSE:ITTL with a GF Score™ of 42/100 and a GF Value™ of ₹67.01 (Modestly Overvalued). The stock has 6 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. Innovative Tyres & Tubes's annualized ROCE % for the quarter that ended in Sep. 2025 was -5.60%.

Innovative Tyres & Tubes  (NSE:ITTL) 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.

Innovative Tyres & Tubes ROCE % Related Terms

Innovative Tyres & Tubes ROCE % Historical Data

* Premium members only.

The historical data trend for Innovative Tyres & Tubes'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.

Innovative Tyres & Tubes ROCE % Chart

Innovative Tyres & Tubes Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.31 -112.26 0.00 0.00 -69.54

Innovative Tyres & Tubes Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 0.00 -6.07 -76.08 -46.09 -5.60
NSE:ITTL
42GF Score
Innovative Tyres & Tubes Ltd NSE:ITTL
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Innovative Tyres & Tubes ROCE % Calculation

Innovative Tyres & Tubes's annualized ROCE % for the fiscal year that ended in Mar. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=-150.934/( ( (421.289 - 237.214) + (551.521 - 301.488) )/ 2 )
=-150.934/( (184.075+250.033)/ 2 )
=-150.934/217.054
=-69.54 %

Innovative Tyres & Tubes's ROCE % of for the quarter that ended in Sep. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2025 )  (Q: Mar. 2025 )(Q: Sep. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2025 )  (Q: Mar. 2025 )(Q: Sep. 2025 )
=-13.666/( ( (551.521 - 301.488) + (617.275 - 379.25) )/ 2 )
=-13.666/( ( 250.033 + 238.025 )/ 2 )
=-13.666/244.029
=-5.60 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2025) 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 -5.60% mean?
Innovative Tyres & Tubes (NSE:ITTL) has a ROCE % of -5.60% as of Sep. 2025.
Is Innovative Tyres & Tubes' ROCE % too high?
Innovative Tyres & Tubes' current ROCE % is -5.60%. Overall, Innovative Tyres & Tubes has a GF Score™ of 42/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Innovative Tyres & Tubes' ROCE % compare to ORLY and AZO?
Innovative Tyres & Tubes' ROCE % of -5.60% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. 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. 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. Innovative Tyres & Tubes's current ROCE % is -5.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative Tyres & Tubes stock overvalued right now?
Based on GuruFocus' analysis, Innovative Tyres & Tubes (NSE:ITTL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹67.01, compared to a current price of ₹78.00 — trading 16.4% above its estimated fair value. The current ROCE % is -5.60%. Innovative Tyres & Tubes' overall GF Score™ is 42/100 with 6 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 Innovative Tyres & Tubes (NSE:ITTL), the current ROCE % is -5.60% as of Sep. 2025. 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 Innovative Tyres & Tubes (NSE:ITTL) Overvalued in 2026?

Based on GuruFocus' analysis, Innovative Tyres & Tubes stock appears to be overvalued. The current stock price of ₹78.00 is trading 16.4% above its estimated GF Value™ of ₹67.01. GuruFocus considers Innovative Tyres & Tubes to be Modestly Overvalued.

Key valuation signals for NSE:ITTL:

  • ROCE %: -5.60%
  • GF Value™: ₹67.01 vs. price of ₹78.00 (16.4% above fair value)
  • GF Score™: 42/100 with 6 warning signs

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

Innovative Tyres & Tubes Business Description

Address 1201, 1202, 1203 GIDC Halol, Panchmahal, Halol, GJ, IND, 389350
Innovative Tyres & Tubes Ltd is a manufacturer and exporter of Bias Tyres in India, generating the majority of its revenue domestically. The company offers a product portfolio across the Truck/Bus, Agricultural & OTR, and Motorcycle/3-wheeler segments from two nearby manufacturing units. Its product range includes tyres for light motorcycles up to heavy off-the-road mining vehicles. The company serves both domestic and export markets, supplying to over 40 countries and partnering with brands in India. Its product lineup includes mining tyres, agriculture tyres, motorcycle and scooter tyres, three-wheeler and passenger vehicle tyres, light-truck, truck and bus tyres, and special-purpose tyres.
42GF Score

Get the complete analysis for NSE:ITTL

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

₹78.00
Price
₹67.01
GF Value