Keynote Financial Services (NSE:KEYFINSERV) ROCE %: -15.70% (As of Mar. 2026)


NSE:KEYFINSERV Keynote Financial Services Ltd NSE:KEYFINSERV
78 GF Score
Price ₹243.95
GF Value ₹221.50
Valuation Fairly Valued
! 5 Warning Signs
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What is Keynote Financial Services ROCE %?

Keynote Financial Services NSE:KEYFINSERV -3.04% 78 ROCE % is -15.70% as of Mar. 2026. GuruFocus rates NSE:KEYFINSERV with a GF Score™ of 78/100 and a GF Value™ of ₹221.50 (Fairly Valued). The stock has 5 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. Keynote Financial Services's annualized ROCE % for the quarter that ended in Mar. 2026 was -15.70%.

Keynote Financial Services  (NSE:KEYFINSERV) 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.

Keynote Financial Services ROCE % Related Terms

Keynote Financial Services ROCE % Historical Data

* Premium members only.

The historical data trend for Keynote Financial Services'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.

Keynote Financial Services ROCE % Chart

Keynote Financial Services 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 20.33 0.01 30.39 8.92 6.45

Keynote Financial Services 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 -23.75 35.04 -12.13 20.22 -15.70
NSE:KEYFINSERV
78GF Score
Keynote Financial Services Ltd NSE:KEYFINSERV
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Keynote Financial Services ROCE % Calculation

Keynote Financial Services'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 )
=96.094/( ( (1517.866 - 88.544) + (1592.875 - 41.417) )/ 2 )
=96.094/( (1429.322+1551.458)/ 2 )
=96.094/1490.39
=6.45 %

Keynote Financial Services'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 )
=-243.536/( ( (0 - 0) + (1592.875 - 41.417) )/ 1 )
=-243.536/( ( 0 + 1551.458 )/ 1 )
=-243.536/1551.458
=-15.70 %

(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 -15.70% mean?
Keynote Financial Services (NSE:KEYFINSERV) has a ROCE % of -15.70% as of Mar. 2026.
Is Keynote Financial Services' ROCE % too high?
Keynote Financial Services' current ROCE % is -15.70%. Overall, Keynote Financial Services has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Keynote Financial Services' ROCE % compare to MS and GS?
Keynote Financial Services' ROCE % of -15.70% can be compared against companies in the Capital Markets industry. The industry median ROCE % is 5.64. 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 Capital Markets company?
The median ROCE % among Capital Markets companies is 5.64, based on 693 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 Capital Markets industry, the median ROCE % is 5.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keynote Financial Services's current ROCE % is -15.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keynote Financial Services stock overvalued right now?
Based on GuruFocus' analysis, Keynote Financial Services (NSE:KEYFINSERV) is currently considered Fairly Valued. The stock's GF Value™ is ₹221.50, compared to a current price of ₹243.95 — trading 10.1% above its estimated fair value. The current ROCE % is -15.70%. Keynote Financial Services' overall GF Score™ is 78/100 with 5 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 Keynote Financial Services (NSE:KEYFINSERV), the current ROCE % is -15.70% 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 Keynote Financial Services (NSE:KEYFINSERV) Overvalued in 2026?

Based on GuruFocus' analysis, Keynote Financial Services stock appears to be overvalued. The current stock price of ₹243.95 is trading 10.1% above its estimated GF Value™ of ₹221.50. GuruFocus considers Keynote Financial Services to be Fairly Valued.

Key valuation signals for NSE:KEYFINSERV:

  • ROCE %: -15.70%
  • GF Value™: ₹221.50 vs. price of ₹243.95 (10.1% above fair value)
  • GF Score™: 78/100 with 5 warning signs

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

Keynote Financial Services Business Description

Other Exchanges 512597:India
Address Senapati Bapat Marg, Kasaravadi, The Ruby, 9th Floor, Dadar (West), Mumbai, MH, IND, 400028
Keynote Financial Services Ltd is engaged in the capital market business sector. Its operating segments include Corporate Finance; ESOP Advisory; Merchant Banking; and Debt advisory. The company generates maximum revenue from the Merchant banking segment. Geographically, it generates the majority of the revenue from India. Broking and other related activities include broking services to clients, advisory services, depository services, etc. Investment banking represents the results of raising financial capital by underwriting or acting as the client's agent in the issuance of securities.
78GF Score

Get the complete analysis for NSE:KEYFINSERV

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

₹243.95
Price
₹221.50
GF Value