Manglam Infra and Engineering (NSE:MIEL) ROCE %: 10.04% (As of Mar. 2026)

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NSE:MIEL Manglam Infra and Engineering Ltd NSE:MIEL
21 GF Score
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! 7 Warning Signs
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What is Manglam Infra and Engineering ROCE %?

Manglam Infra and Engineering NSE:MIEL 21 ROCE % is 10.04% as of Mar. 2026. GuruFocus rates NSE:MIEL with a GF Score™ of 21/100. The stock has 7 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. Manglam Infra and Engineering's annualized ROCE % for the quarter that ended in Mar. 2026 was 10.04%.

Manglam Infra and Engineering  (NSE:MIEL) 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.

Manglam Infra and Engineering ROCE % Related Terms

Manglam Infra and Engineering ROCE % Historical Data

* Premium members only.

The historical data trend for Manglam Infra and Engineering'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.

Manglam Infra and Engineering ROCE % Chart

Manglam Infra and Engineering Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
56.56 80.69 60.15 13.68 9.91

Manglam Infra and Engineering Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
ROCE % Get a 7-Day Free Trial 0.00 24.74 1.02 9.49 10.04
NSE:MIEL
21GF Score
Manglam Infra and Engineering Ltd NSE:MIEL
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Manglam Infra and Engineering ROCE % Calculation

Manglam Infra and Engineering'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 )
=47.679/( ( (643.162 - 174.389) + (617.748 - 124.472) )/ 2 )
=47.679/( (468.773+493.276)/ 2 )
=47.679/481.0245
=9.91 %

Manglam Infra and Engineering'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 )
=48.898/( ( (569.06 - 88.664) + (617.748 - 124.472) )/ 2 )
=48.898/( ( 480.396 + 493.276 )/ 2 )
=48.898/486.836
=10.04 %

(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 10.04% mean?
Manglam Infra and Engineering (NSE:MIEL) has a ROCE % of 10.04% as of Mar. 2026.
Is Manglam Infra and Engineering's ROCE % too high?
Manglam Infra and Engineering's current ROCE % is 10.04%. The Construction industry median ROCE % is 8.26. Manglam Infra and Engineering's value of 10.04% is 21.5% above this industry median. Overall, Manglam Infra and Engineering has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Manglam Infra and Engineering's ROCE % compare to PWR and FIX?
Manglam Infra and Engineering's ROCE % of 10.04% can be compared against companies in the Construction industry. The industry median ROCE % is 8.26. Manglam Infra and Engineering's value of 10.04% is 21.5% 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 Construction company?
The median ROCE % among Construction companies is 8.26, based on 1,756 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. Manglam Infra and Engineering's current ROCE % of 10.04% is 21.5% 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 Construction industry, the median ROCE % is 8.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manglam Infra and Engineering's current ROCE % is 10.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manglam Infra and Engineering stock overvalued right now?
Manglam Infra and Engineering (NSE:MIEL) has a current ROCE % of 10.04%. The current ROCE % is 10.04% and 21.5% above the Construction industry median of 8.26. Manglam Infra and Engineering's overall GF Score™ is 21/100 with 7 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 Manglam Infra and Engineering (NSE:MIEL), the current ROCE % is 10.04% 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.

Manglam Infra and Engineering Business Description

Address Hoshangabad Road, 115 & 116, Ganesh Nagar, Bhopal, MP, IND, 462026
Manglam Infra and Engineering Ltd is an infrastructure consultancy company. It is providing project management consultancy services, which include detailed project reports (DPRs), Supervision and quality control (SQC), and operation & maintenance (O & M) for Highways/Roads, Bridges, Tunnels, Buildings/Urban development. It caters to various state governments of Madhya Pradesh, Jammu & Kashmir, Bihar, Arunachal Pradesh, Jharkhand, Himachal Pradesh, Uttar Pradesh, Manipur, Nagaland, Maharashtra, Assam, Rajasthan, Uttarakhand, and Haryana, and the central government.
21GF 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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