Pulz Electronics (NSE:PULZ) ROCE %: 21.82% (As of Mar. 2026)


NSE:PULZ Pulz Electronics Ltd NSE:PULZ
79 GF Score
Price ₹23.80
GF Value ₹40.32
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Pulz Electronics ROCE %?

Pulz Electronics NSE:PULZ 79 ROCE % is 21.82% as of Mar. 2026. GuruFocus rates NSE:PULZ with a GF Score™ of 79/100 and a GF Value™ of ₹40.32 (Significantly Undervalued). The stock has 2 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. Pulz Electronics's annualized ROCE % for the quarter that ended in Mar. 2026 was 21.82%.

Pulz Electronics  (NSE:PULZ) 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.

Pulz Electronics ROCE % Related Terms

Pulz Electronics ROCE % Historical Data

* Premium members only.

The historical data trend for Pulz Electronics'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.

Pulz Electronics ROCE % Chart

Pulz Electronics Annual Data
Trend Mar16 Mar17 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.95 49.92 41.71 17.65 17.72

Pulz Electronics Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 38.21 39.21 -3.98 13.66 21.82
NSE:PULZ
79GF Score
Pulz Electronics Ltd NSE:PULZ
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Pulz Electronics ROCE % Calculation

Pulz Electronics'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 )
=65.891/( ( (409.021 - 60.608) + (448.537 - 53.123) )/ 2 )
=65.891/( (348.413+395.414)/ 2 )
=65.891/371.9135
=17.72 %

Pulz Electronics'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 )
=83.016/( ( (408.254 - 42.814) + (448.537 - 53.123) )/ 2 )
=83.016/( ( 365.44 + 395.414 )/ 2 )
=83.016/380.427
=21.82 %

(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 21.82% mean?
Pulz Electronics (NSE:PULZ) has a ROCE % of 21.82% as of Mar. 2026.
Is Pulz Electronics' ROCE % too high?
Pulz Electronics' current ROCE % is 21.82%. The Hardware industry median ROCE % is 5.84. Pulz Electronics' value of 21.82% is 273.6% above this industry median. Overall, Pulz Electronics has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pulz Electronics' ROCE % compare to AAPL?
Pulz Electronics' ROCE % of 21.82% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.84. Pulz Electronics' value of 21.82% is 273.6% 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 Hardware company?
The median ROCE % among Hardware companies is 5.84, based on 2,448 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. Pulz Electronics's current ROCE % of 21.82% is 273.6% 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 Hardware industry, the median ROCE % is 5.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pulz Electronics's current ROCE % is 21.82%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pulz Electronics stock overvalued right now?
Based on GuruFocus' analysis, Pulz Electronics (NSE:PULZ) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹40.32, compared to a current price of ₹23.80 — trading 41% below its estimated fair value. The current ROCE % is 21.82% and 273.6% above the Hardware industry median of 5.84. Pulz Electronics' overall GF Score™ is 79/100 with 2 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 Pulz Electronics (NSE:PULZ), the current ROCE % is 21.82% 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 Pulz Electronics (NSE:PULZ) Overvalued in 2026?

Based on GuruFocus' analysis, Pulz Electronics stock appears to be undervalued. The current stock price of ₹23.80 is trading 41% below its estimated GF Value™ of ₹40.32. GuruFocus considers Pulz Electronics to be Significantly Undervalued.

Key valuation signals for NSE:PULZ:

  • ROCE %: 21.82%
  • GF Value™: ₹40.32 vs. price of ₹23.80 (41% below fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 273.6% above the Hardware median

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

Pulz Electronics Business Description

Address Veera Desai Road, Kailashpati, 2nd Floor, Plot No. 10A, Andheri (West), Mumbai, MH, IND, 400 053
Pulz Electronics Ltd develops, manufactures, and sells audio systems and solutions to the cinema, pro-audio, studio, and home audio industries in India and internationally. The technologies offered by the company include Line Source, IsoWave, WaveDrive, AeroWave, and Point Source Precision. The company's business falls within a single business segment of Audio Systems. Geographically, the company generates the majority of its revenue from India.
79GF Score

Get the complete analysis for NSE:PULZ

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

₹23.80
Price
₹40.32
GF Value