Manba Finance (NSE:MANBA) ROCE %: 5.17% (As of Mar. 2026)


NSE:MANBA Manba Finance Ltd NSE:MANBA
38 GF Score
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! 5 Warning Signs
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What is Manba Finance ROCE %?

Manba Finance NSE:MANBA +0.51% 38 ROCE % is 5.17% as of Mar. 2026. GuruFocus rates NSE:MANBA with a GF Score™ of 38/100. 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. Manba Finance's annualized ROCE % for the quarter that ended in Mar. 2026 was 5.17%.

Manba Finance  (NSE:MANBA) 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.

Manba Finance ROCE % Related Terms

Manba Finance ROCE % Historical Data

* Premium members only.

The historical data trend for Manba Finance'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.

Manba Finance ROCE % Chart

Manba Finance Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial 4.50 7.09 5.83 7.50 6.00

Manba Finance Quarterly Data
Mar21 Mar22 Mar23 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 8.70 7.04 4.36 4.97 5.17
NSE:MANBA
38GF Score
Manba Finance Ltd NSE:MANBA
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Manba Finance ROCE % Calculation

Manba Finance'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 )
=839.602/( ( (14659.769 - 6422.368) + (19792.388 - 47.503) )/ 2 )
=839.602/( (8237.401+19744.885)/ 2 )
=839.602/13991.143
=6.00 %

Manba Finance'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 )
=1021.244/( ( (0 - 0) + (19792.388 - 47.503) )/ 1 )
=1021.244/( ( 0 + 19744.885 )/ 1 )
=1021.244/19744.885
=5.17 %

(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 5.17% mean?
Manba Finance (NSE:MANBA) has a ROCE % of 5.17% as of Mar. 2026.
Is Manba Finance's ROCE % too high?
Manba Finance's current ROCE % is 5.17%. The Credit Services industry median ROCE % is 3.46. Manba Finance's value of 5.17% is 49.4% above this industry median. Overall, Manba Finance has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Manba Finance's ROCE % compare to V and MA?
Manba Finance's ROCE % of 5.17% can be compared against companies in the Credit Services industry. The industry median ROCE % is 3.46. Manba Finance's value of 5.17% is 49.4% 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 Credit Services company?
The median ROCE % among Credit Services companies is 3.46, based on 416 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. Manba Finance's current ROCE % of 5.17% is 49.4% 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 Credit Services industry, the median ROCE % is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manba Finance's current ROCE % is 5.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manba Finance stock overvalued right now?
Manba Finance (NSE:MANBA) has a current ROCE % of 5.17%. The current ROCE % is 5.17% and 49.4% above the Credit Services industry median of 3.46. Manba Finance's overall GF Score™ is 38/100 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 Manba Finance (NSE:MANBA), the current ROCE % is 5.17% 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.

Manba Finance Business Description

Other Exchanges 544262:India
Address D-1, Road Number 16, Neheru Nagar, Wagle Industrial Estate, Thane West, Mumbai, MH, IND, 400604
Manba Finance Ltd is a non-banking finance company offering financial solutions for new two-wheelers, three-wheelers, electric two-wheelers, electric three-wheelers, used cars, small business loans, and personal loans. The company's target customers are mainly employees and the self-employed. The company has branches in urban, semi-urban, and metropolitan cities and towns, serving the surrounding rural areas. It has established relationships with more than 1,100 dealers, including more than 190 EV dealers in Maharashtra, Gujarat, Rajasthan, Chhattisgarh, Madhya Pradesh, and Uttar Pradesh.
38GF 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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