MTAR Technologies (NSE:MTARTECH) ROCE %: 27.21% (As of Mar. 2026)


NSE:MTARTECH MTAR Technologies Ltd NSE:MTARTECH
69 GF Score
Price ₹7,976.50
GF Value ₹3,338.82
Valuation Significantly Overvalued
! 8 Warning Signs
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What is MTAR Technologies ROCE %?

MTAR Technologies NSE:MTARTECH +2.57% 69 ROCE % is 27.21% as of Mar. 2026. GuruFocus rates NSE:MTARTECH with a GF Score™ of 69/100 and a GF Value™ of ₹3,338.82 (Significantly Overvalued). The stock has 8 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. MTAR Technologies's annualized ROCE % for the quarter that ended in Mar. 2026 was 27.21%.

MTAR Technologies  (NSE:MTARTECH) 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.

MTAR Technologies ROCE % Related Terms

MTAR Technologies ROCE % Historical Data

* Premium members only.

The historical data trend for MTAR Technologies'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.

MTAR Technologies ROCE % Chart

MTAR Technologies Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only 16.14 23.64 12.07 11.43 16.75

MTAR Technologies 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 11.69 9.82 5.66 25.62 27.21
NSE:MTARTECH
69GF Score
MTAR Technologies Ltd NSE:MTARTECH
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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MTAR Technologies ROCE % Calculation

MTAR Technologies'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 )
=1555.04/( ( (11302.82 - 2900.99) + (17434.25 - 7268.39) )/ 2 )
=1555.04/( (8401.83+10165.86)/ 2 )
=1555.04/9283.845
=16.75 %

MTAR Technologies'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 )
=2766.52/( ( (0 - 0) + (17434.25 - 7268.39) )/ 1 )
=2766.52/( ( 0 + 10165.86 )/ 1 )
=2766.52/10165.86
=27.21 %

(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 27.21% mean?
MTAR Technologies (NSE:MTARTECH) has a ROCE % of 27.21% as of Mar. 2026.
Is MTAR Technologies' ROCE % too high?
MTAR Technologies' current ROCE % is 27.21%. The Industrial Products industry median ROCE % is 7.10. MTAR Technologies' value of 27.21% is 283.2% above this industry median. Overall, MTAR Technologies has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTAR Technologies' ROCE % compare to GEV and ETN?
MTAR Technologies' ROCE % of 27.21% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.10. MTAR Technologies' value of 27.21% is 283.2% 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 7.10, based on 3,032 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. MTAR Technologies's current ROCE % of 27.21% is 283.2% 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 7.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MTAR Technologies's current ROCE % is 27.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTAR Technologies stock overvalued right now?
Based on GuruFocus' analysis, MTAR Technologies (NSE:MTARTECH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,338.82, compared to a current price of ₹7,976.50 — trading 138.9% above its estimated fair value. The current ROCE % is 27.21% and 283.2% above the Industrial Products industry median of 7.10. MTAR Technologies' overall GF Score™ is 69/100 with 8 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 MTAR Technologies (NSE:MTARTECH), the current ROCE % is 27.21% 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 MTAR Technologies (NSE:MTARTECH) Overvalued in 2026?

Based on GuruFocus' analysis, MTAR Technologies stock appears to be overvalued. The current stock price of ₹7,976.50 is trading 138.9% above its estimated GF Value™ of ₹3,338.82. GuruFocus considers MTAR Technologies to be Significantly Overvalued.

Key valuation signals for NSE:MTARTECH:

  • ROCE %: 27.21%
  • GF Value™: ₹3,338.82 vs. price of ₹7,976.50 (138.9% above fair value)
  • GF Score™: 69/100 with 8 warning signs
  • Industry Position: 283.2% above the Industrial Products median

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

MTAR Technologies Business Description

Other Exchanges 543270:India
Address 18, Technocrats Industrial Estate, Balanagar, Hyderabad, TG, IND, 500 037
MTAR Technologies Ltd is a national player in the precision engineering industry. It is engaged in the manufacturing of mission-critical precision components with close tolerance and in critical assemblies through its precision machining, assembly, specialized fabrication, testing, and quality control processes. A wide range of complex product portfolios meets the varied requirements of the Nuclear, Space and Defence, and Clean Energy sector. Geographically, it operates in India as well as Outside India.
69GF Score

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

₹7,976.50
Price
₹3,338.82
GF Value