Manoj Vaibhav Gems N Jewellers (NSE:MVGJL) ROCE %: 21.21% (As of Mar. 2026)


NSE:MVGJL Manoj Vaibhav Gems N Jewellers Ltd NSE:MVGJL
56 GF Score
Price ₹143.80
GF Value ₹279.36
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Manoj Vaibhav Gems N Jewellers ROCE %?

Manoj Vaibhav Gems N Jewellers NSE:MVGJL -0.36% 56 ROCE % is 21.21% as of Mar. 2026. GuruFocus rates NSE:MVGJL with a GF Score™ of 56/100 and a GF Value™ of ₹279.36 (Significantly Undervalued). The stock has 3 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. Manoj Vaibhav Gems N Jewellers's annualized ROCE % for the quarter that ended in Mar. 2026 was 21.21%.

Manoj Vaibhav Gems N Jewellers  (NSE:MVGJL) 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.

Manoj Vaibhav Gems N Jewellers ROCE % Related Terms

Manoj Vaibhav Gems N Jewellers ROCE % Historical Data

* Premium members only.

The historical data trend for Manoj Vaibhav Gems N Jewellers'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.

Manoj Vaibhav Gems N Jewellers ROCE % Chart

Manoj Vaibhav Gems N Jewellers Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial 25.60 31.19 26.22 23.48 23.13

Manoj Vaibhav Gems N Jewellers Quarterly Data
Mar20 Mar21 Mar22 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 24.02 19.19 26.67 25.35 21.21
NSE:MVGJL
56GF Score
Manoj Vaibhav Gems N Jewellers Ltd NSE:MVGJL
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Manoj Vaibhav Gems N Jewellers ROCE % Calculation

Manoj Vaibhav Gems N Jewellers'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 )
=1894.2/( ( (14980.88 - 7350.71) + (18648.6 - 9897.7) )/ 2 )
=1894.2/( (7630.17+8750.9)/ 2 )
=1894.2/8190.535
=23.13 %

Manoj Vaibhav Gems N Jewellers'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 )
=1856/( ( (0 - 0) + (18648.6 - 9897.7) )/ 1 )
=1856/( ( 0 + 8750.9 )/ 1 )
=1856/8750.9
=21.21 %

(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 21.21% mean?
Manoj Vaibhav Gems N Jewellers (NSE:MVGJL) has a ROCE % of 21.21% as of Mar. 2026.
Is Manoj Vaibhav Gems N Jewellers' ROCE % too high?
Manoj Vaibhav Gems N Jewellers' current ROCE % is 21.21%. The Retail - Cyclical industry median ROCE % is 7.59. Manoj Vaibhav Gems N Jewellers' value of 21.21% is 179.6% above this industry median. Overall, Manoj Vaibhav Gems N Jewellers has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Manoj Vaibhav Gems N Jewellers' ROCE % compare to TPR?
Manoj Vaibhav Gems N Jewellers' ROCE % of 21.21% can be compared against companies in the Retail - Cyclical industry. The industry median ROCE % is 7.59. Manoj Vaibhav Gems N Jewellers' value of 21.21% 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 a Retail - Cyclical company?
The median ROCE % among Retail - Cyclical companies is 7.59, based on 1,112 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. Manoj Vaibhav Gems N Jewellers's current ROCE % of 21.21% 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 Retail - Cyclical industry, the median ROCE % is 7.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manoj Vaibhav Gems N Jewellers's current ROCE % is 21.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manoj Vaibhav Gems N Jewellers stock overvalued right now?
Based on GuruFocus' analysis, Manoj Vaibhav Gems N Jewellers (NSE:MVGJL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹279.36, compared to a current price of ₹143.80 — trading 48.5% below its estimated fair value. The current ROCE % is 21.21% and 179.6% above the Retail - Cyclical industry median of 7.59. Manoj Vaibhav Gems N Jewellers' overall GF Score™ is 56/100 with 3 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 Manoj Vaibhav Gems N Jewellers (NSE:MVGJL), the current ROCE % is 21.21% 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 Manoj Vaibhav Gems N Jewellers (NSE:MVGJL) Overvalued in 2026?

Based on GuruFocus' analysis, Manoj Vaibhav Gems N Jewellers stock appears to be undervalued. The current stock price of ₹143.80 is trading 48.5% below its estimated GF Value™ of ₹279.36. GuruFocus considers Manoj Vaibhav Gems N Jewellers to be Significantly Undervalued.

Key valuation signals for NSE:MVGJL:

  • ROCE %: 21.21%
  • GF Value™: ₹279.36 vs. price of ₹143.80 (48.5% below fair value)
  • GF Score™: 56/100 with 3 warning signs
  • Industry Position: 179.6% above the Retail - Cyclical median

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

Manoj Vaibhav Gems N Jewellers Business Description

Other Exchanges 543995:India
Address D. No:- 47-10-19, 2nd Lane, Dwarakanagar, Visakhapatnam, AP, IND, 530016
Manoj Vaibhav Gems N Jewellers Ltd is a regional jewellery brand in South India led by a first-generation woman entrepreneur. It caters to all economic segments of the micro markets of Andhra Pradesh and Telangana through its dedicated branded showrooms and has a rural market focus and a dedicated urban focus, also. The company positioned itself as a retailer focused on relationships, by Design, where it focuses on offering designs, high quality, transparency, and customer service to its customers.
56GF Score

Get the complete analysis for NSE:MVGJL

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

₹143.80
Price
₹279.36
GF Value