Plastiblends India (NSE:PLASTIBLEN) ROCE %: 16.01% (As of Mar. 2026)


NSE:PLASTIBLEN Plastiblends India Ltd NSE:PLASTIBLEN
79 GF Score
Price ₹181.15
GF Value ₹230.27
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Plastiblends India ROCE %?

Plastiblends India NSE:PLASTIBLEN +2.73% 79 ROCE % is 16.01% as of Mar. 2026. GuruFocus rates NSE:PLASTIBLEN with a GF Score™ of 79/100 and a GF Value™ of ₹230.27 (Modestly Undervalued). 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. Plastiblends India's annualized ROCE % for the quarter that ended in Mar. 2026 was 16.01%.

Plastiblends India  (NSE:PLASTIBLEN) 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.

Plastiblends India ROCE % Related Terms

Plastiblends India ROCE % Historical Data

* Premium members only.

The historical data trend for Plastiblends India'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.

Plastiblends India ROCE % Chart

Plastiblends India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.23 9.02 10.93 10.36 10.96

Plastiblends India 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 11.46 10.67 9.13 8.00 16.01
NSE:PLASTIBLEN
79GF Score
Plastiblends India Ltd NSE:PLASTIBLEN
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Plastiblends India ROCE % Calculation

Plastiblends India'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 )
=509.589/( ( (5068.832 - 507.755) + (5577.58 - 835.821) )/ 2 )
=509.589/( (4561.077+4741.759)/ 2 )
=509.589/4651.418
=10.96 %

Plastiblends India'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 )
=759.164/( ( (0 - 0) + (5577.58 - 835.821) )/ 1 )
=759.164/( ( 0 + 4741.759 )/ 1 )
=759.164/4741.759
=16.01 %

(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 16.01% mean?
Plastiblends India (NSE:PLASTIBLEN) has a ROCE % of 16.01% as of Mar. 2026.
Is Plastiblends India's ROCE % too high?
Plastiblends India's current ROCE % is 16.01%. The Chemicals industry median ROCE % is 6.42. Plastiblends India's value of 16.01% is 149.4% above this industry median. Overall, Plastiblends India has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Plastiblends India's ROCE % compare to LIN and SHW?
Plastiblends India's ROCE % of 16.01% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.42. Plastiblends India's value of 16.01% is 149.4% 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 Chemicals company?
The median ROCE % among Chemicals companies is 6.42, based on 1,590 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. Plastiblends India's current ROCE % of 16.01% is 149.4% 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 Chemicals industry, the median ROCE % is 6.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plastiblends India's current ROCE % is 16.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plastiblends India stock overvalued right now?
Based on GuruFocus' analysis, Plastiblends India (NSE:PLASTIBLEN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹230.27, compared to a current price of ₹181.15 — trading 21.3% below its estimated fair value. The current ROCE % is 16.01% and 149.4% above the Chemicals industry median of 6.42. Plastiblends India's overall GF Score™ is 79/100 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 Plastiblends India (NSE:PLASTIBLEN), the current ROCE % is 16.01% 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 Plastiblends India (NSE:PLASTIBLEN) Overvalued in 2026?

Based on GuruFocus' analysis, Plastiblends India stock appears to be undervalued. The current stock price of ₹181.15 is trading 21.3% below its estimated GF Value™ of ₹230.27. GuruFocus considers Plastiblends India to be Modestly Undervalued.

Key valuation signals for NSE:PLASTIBLEN:

  • ROCE %: 16.01%
  • GF Value™: ₹230.27 vs. price of ₹181.15 (21.3% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 149.4% above the Chemicals median

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

Plastiblends India Business Description

Other Exchanges 523648:India
Address New Link Road, Opposite Citi Mall, 10th Floor, Fortune Terraces, A-Wing, Andheri (West), Mumbai, MH, IND, 400 053
Plastiblends India Ltd is a manufacturer and sells Masterbatches and thermoplastic compounds. The company's products are applicable in various plastic processing industries, such as Flexible Packaging, Agriculture, Irrigation, Piping, Infrastructure, and Consumer Durables. The company's product includes Black Masterbatches, Color Masterbatches, Additive Masterbatches Filler Masterbatches, PET Masterbatches, Conductive Compounds among others. The group principally operates in India. It also is a internationally recognised brand, making waves in European, African, North American, South American and Asian markets.
79GF Score

Get the complete analysis for NSE:PLASTIBLEN

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

₹181.15
Price
₹230.27
GF Value