Nikita Greentech Recycling (NSE:NIKITA) ROCE %: 11.08% (As of Mar. 2026)

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NSE:NIKITA Nikita Greentech Recycling Ltd NSE:NIKITA
11 GF Score
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What is Nikita Greentech Recycling ROCE %?

Nikita Greentech Recycling NSE:NIKITA 11 ROCE % is 11.08% as of Mar. 2026. GuruFocus rates NSE:NIKITA with a GF Score™ of 11/100. The stock has 6 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. Nikita Greentech Recycling's annualized ROCE % for the quarter that ended in Mar. 2026 was 11.08%.

Nikita Greentech Recycling  (NSE:NIKITA) 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.

Nikita Greentech Recycling ROCE % Related Terms

Nikita Greentech Recycling ROCE % Historical Data

* Premium members only.

The historical data trend for Nikita Greentech Recycling'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.

Nikita Greentech Recycling ROCE % Chart

Nikita Greentech Recycling Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
13.64 15.08 28.09 36.97 11.97

Nikita Greentech Recycling Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
ROCE % Get a 7-Day Free Trial 0.00 33.44 0.00 15.05 11.08
NSE:NIKITA
11GF Score
Nikita Greentech Recycling Ltd NSE:NIKITA
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Nikita Greentech Recycling ROCE % Calculation

Nikita Greentech Recycling'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 )
=345.217/( ( (0 - 0) + (4898.502 - 2014.422) )/ 1 )
=345.217/( (0+2884.08)/ 1 )
=345.217/2884.08
=11.97 %

Nikita Greentech Recycling'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 )
=302.554/( ( (4728.964 - 2150.982) + (4898.502 - 2014.422) )/ 2 )
=302.554/( ( 2577.982 + 2884.08 )/ 2 )
=302.554/2731.031
=11.08 %

(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 11.08% mean?
Nikita Greentech Recycling (NSE:NIKITA) has a ROCE % of 11.08% as of Mar. 2026.
Is Nikita Greentech Recycling's ROCE % too high?
Nikita Greentech Recycling's current ROCE % is 11.08%. The Forest Products industry median ROCE % is 4.05. Nikita Greentech Recycling's value of 11.08% is 173.9% above this industry median. Overall, Nikita Greentech Recycling has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Nikita Greentech Recycling's ROCE % compare to competitors?
Nikita Greentech Recycling's ROCE % of 11.08% can be compared against companies in the Forest Products industry. The industry median ROCE % is 4.05. Nikita Greentech Recycling's value of 11.08% is 173.9% 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 Forest Products company?
The median ROCE % among Forest Products companies is 4.05, based on 280 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. Nikita Greentech Recycling's current ROCE % of 11.08% is 173.9% 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 Forest Products industry, the median ROCE % is 4.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nikita Greentech Recycling's current ROCE % is 11.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikita Greentech Recycling stock overvalued right now?
Nikita Greentech Recycling (NSE:NIKITA) has a current ROCE % of 11.08%. The current ROCE % is 11.08% and 173.9% above the Forest Products industry median of 4.05. Nikita Greentech Recycling's overall GF Score™ is 11/100 with 6 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 Nikita Greentech Recycling (NSE:NIKITA), the current ROCE % is 11.08% 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.

Nikita Greentech Recycling Business Description

Address Industrial Estate Panipat Road, C-10, Shamli, Muzaffarnagar, UP, IND, 247776
Nikita Greentech Recycling Ltd, formerly Nikita Papers Ltd is a manufacturers of recycled kraft paper. It is manufacturing Kraft paper ranging from 80 to 200 GSM in various Burst Factor (B.F.) ranges. The company has only one segment: Business of Kraft Paper Manufacturing.
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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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