Megatherm Induction (NSE:MEGATHERM) ROCE %: 19.77% (As of Mar. 2026)

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NSE:MEGATHERM Megatherm Induction Ltd NSE:MEGATHERM
43 GF Score
Price ₹212.00
! 5 Warning Signs
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What is Megatherm Induction ROCE %?

Megatherm Induction NSE:MEGATHERM -2.08% 43 ROCE % is 19.77% as of Mar. 2026. GuruFocus rates NSE:MEGATHERM with a GF Score™ of 43/100. 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. Megatherm Induction's annualized ROCE % for the quarter that ended in Mar. 2026 was 19.77%.

Megatherm Induction  (NSE:MEGATHERM) 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.

Megatherm Induction ROCE % Related Terms

Megatherm Induction ROCE % Historical Data

* Premium members only.

The historical data trend for Megatherm Induction'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.

Megatherm Induction ROCE % Chart

Megatherm Induction Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial 10.19 38.34 30.53 24.72 21.20

Megatherm Induction Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only 41.25 22.04 27.38 22.94 19.77
NSE:MEGATHERM
43GF Score
Megatherm Induction Ltd NSE:MEGATHERM
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Megatherm Induction ROCE % Calculation

Megatherm Induction'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 )
=344.499/( ( (2865.406 - 1348.81) + (3443.612 - 1709.755) )/ 2 )
=344.499/( (1516.596+1733.857)/ 2 )
=344.499/1625.2265
=21.20 %

Megatherm Induction'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: Sep. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=330.526/( ( (3078.525 - 1469.175) + (3443.612 - 1709.755) )/ 2 )
=330.526/( ( 1609.35 + 1733.857 )/ 2 )
=330.526/1671.6035
=19.77 %

(1) Note: The EBIT data used here is two times the semi-annual (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 19.77% mean?
Megatherm Induction (NSE:MEGATHERM) has a ROCE % of 19.77% as of Mar. 2026.
Is Megatherm Induction's ROCE % too high?
Megatherm Induction's current ROCE % is 19.77%. The Industrial Products industry median ROCE % is 7.07. Megatherm Induction's value of 19.77% is 179.6% above this industry median. Overall, Megatherm Induction has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Megatherm Induction's ROCE % compare to GEV and ETN?
Megatherm Induction's ROCE % of 19.77% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.07. Megatherm Induction's value of 19.77% is 179.6% 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 7.07, based on 3,029 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. Megatherm Induction's current ROCE % of 19.77% is 179.6% 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 7.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Megatherm Induction's current ROCE % is 19.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Megatherm Induction stock overvalued right now?
Megatherm Induction (NSE:MEGATHERM) has a current ROCE % of 19.77%. The current ROCE % is 19.77% and 179.6% above the Industrial Products industry median of 7.07. Megatherm Induction's overall GF Score™ is 43/100 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 Megatherm Induction (NSE:MEGATHERM), the current ROCE % is 19.77% 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.

Megatherm Induction Business Description

Address Plot- L1 Block GP, Sector V, Electronics Complex, Salt lake City, Kolkata, WB, IND, 700091
Megatherm Induction Ltd is mainly involved in manufacturing and selling capital equipment such as induction melting and heating equipment, arc melting furnaces, ladle refining furnaces, continuous casting machines, and transformers. The company's products include automation, forging shop and mass heating equipment, foundry melt shop equipment, heat treatment and special applications, and pipes and tubes for heating, welding, and steel melt shop equipment. The company generates the majority of its revenue from India, with some revenue coming from international sales.
43GF 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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