Krishna Defence & Allied Industries (NSE:KRISHNADEF) ROCE %: 34.22% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:KRISHNADEF Krishna Defence & Allied Industries Ltd NSE:KRISHNADEF
88 GF Score
Price ₹1,316.80
GF Value ₹1,197.41
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Krishna Defence & Allied Industries ROCE %?

Krishna Defence & Allied Industries NSE:KRISHNADEF +0.57% 88 ROCE % is 34.22% as of Mar. 2026. GuruFocus rates NSE:KRISHNADEF with a GF Score™ of 88/100 and a GF Value™ of ₹1,197.41 (Fairly Valued). 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. Krishna Defence & Allied Industries's annualized ROCE % for the quarter that ended in Mar. 2026 was 34.22%.


Krishna Defence & Allied Industries  (NSE:KRISHNADEF) 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.


Krishna Defence & Allied Industries ROCE % Related Terms


Krishna Defence & Allied Industries ROCE % Historical Data

* Premium members only.

The historical data trend for Krishna Defence & Allied Industries'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.

Krishna Defence & Allied Industries ROCE % Chart

Krishna Defence & Allied Industries Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial 15.23 19.54 18.65 25.57 31.31

Krishna Defence & Allied Industries Quarterly Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Dec24 Mar25 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 17.78 31.81 0.00 31.76 34.22
NSE:KRISHNADEF
88GF Score
Krishna Defence & Allied Industries Ltd NSE:KRISHNADEF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Krishna Defence & Allied Industries ROCE % Calculation

Krishna Defence & Allied Industries'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 )
=511.785/( ( (1638.988 - 316.913) + (2171.047 - 223.696) )/ 2 )
=511.785/( (1322.075+1947.351)/ 2 )
=511.785/1634.713
=31.31 %

Krishna Defence & Allied Industries'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 )
=666.316/( ( (0 - 0) + (2171.047 - 223.696) )/ 1 )
=666.316/( ( 0 + 1947.351 )/ 1 )
=666.316/1947.351
=34.22 %

(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 34.22% mean?
Krishna Defence & Allied Industries (NSE:KRISHNADEF) has a ROCE % of 34.22% as of Mar. 2026.
Is Krishna Defence & Allied Industries' ROCE % too high?
Krishna Defence & Allied Industries' current ROCE % is 34.22%. The Industrial Products industry median ROCE % is 7.09. Krishna Defence & Allied Industries' value of 34.22% is 382.7% above this industry median. Overall, Krishna Defence & Allied Industries has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Krishna Defence & Allied Industries' ROCE % compare to GEV and ETN?
Krishna Defence & Allied Industries' ROCE % of 34.22% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.09. Krishna Defence & Allied Industries' value of 34.22% is 382.7% 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 an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.09, based on 3,031 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. Krishna Defence & Allied Industries's current ROCE % of 34.22% is 382.7% 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 Industrial Products industry, the median ROCE % is 7.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Krishna Defence & Allied Industries's current ROCE % is 34.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Krishna Defence & Allied Industries stock overvalued right now?
Based on GuruFocus' analysis, Krishna Defence & Allied Industries (NSE:KRISHNADEF) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,197.41, compared to a current price of ₹1,316.80 — trading 10% above its estimated fair value. The current ROCE % is 34.22% and 382.7% above the Industrial Products industry median of 7.09. Krishna Defence & Allied Industries' overall GF Score™ is 88/100 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 Krishna Defence & Allied Industries (NSE:KRISHNADEF), the current ROCE % is 34.22% 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 Krishna Defence & Allied Industries (NSE:KRISHNADEF) Overvalued in 2026?

Based on GuruFocus' analysis, Krishna Defence & Allied Industries stock appears to be overvalued. The current stock price of ₹1,316.80 is trading 10% above its estimated GF Value™ of ₹1,197.41. GuruFocus considers Krishna Defence & Allied Industries to be Fairly Valued.

Key valuation signals for NSE:KRISHNADEF:

  • ROCE %: 34.22%
  • GF Value™: ₹1,197.41 vs. price of ₹1,316.80 (10% above fair value)
  • GF Score™: 88/100 with 6 warning signs
  • Industry Position: 382.7% above the Industrial Products median

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


Krishna Defence & Allied Industries Business Description

Address Delisle Road, Ganapatrao Kadam Marg, Office No. 344, Floor-3, Plot-267, A To Z Industrial Estate, Lower Parel (West), Mumbai, MH, IND, 400013
Krishna Defence & Allied Industries Ltd develops, manufactures, and designs defense application products and kitchen and dairy equipment products. It manufactures and offers a wide line of products including Ballast Bricks, Improvised Explosive Device Containment Vessels, Automatic Tyre Killer, Crowd Control Barriers, Bulk milk coolers with thermal storage systems, Cow Grooming Brushes, Daal Cooker, Rice Storage Chute, Stainless Steel Milk Cans, Heat Recovery Unit, Bulk Cooking Equipment like Rice Cauldron, Ship Building Steel section and others. It has two operating reportable segments as Dairy & Kitchen equipment segment and the Defence Products. The company generates maximum revenue from the Defence Products segment.
88GF Score

Get the complete analysis for NSE:KRISHNADEF

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

₹1,316.80
Price
₹1,197.41
GF Value