Reliance Communications (NSE:RCOM) ROCE %: 0.00% (As of Mar. 2026)


NSE:RCOM Reliance Communications Ltd NSE:RCOM
40 GF Score
Price ₹0.91
GF Value ₹1.27
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Reliance Communications ROCE %?

Reliance Communications NSE:RCOM -1.09% 40 ROCE % is 0.00% as of Mar. 2026. GuruFocus rates NSE:RCOM with a GF Score™ of 40/100 and a GF Value™ of ₹1.27 (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. Reliance Communications's annualized ROCE % for the quarter that ended in Mar. 2026 was 0.00%.

Reliance Communications  (NSE:RCOM) 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.

Reliance Communications ROCE % Related Terms

Reliance Communications ROCE % Historical Data

* Premium members only.

The historical data trend for Reliance Communications'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.

Reliance Communications ROCE % Chart

Reliance Communications 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 0.00 0.00 0.00 0.00 0.00

Reliance Communications 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 0.00 0.00 0.00 0.00 0.00
NSE:RCOM
40GF Score
Reliance Communications Ltd NSE:RCOM
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Reliance Communications ROCE % Calculation

Reliance Communications'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 )
=-4460/( ( (364250 - 1271530) + (363360 - 1381630) )/ 2 )
=-4460/( (-907280+-1018270)/ 2 )
=-4460/-962775
=0.46 %

Reliance Communications'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 )
=-11920/( ( (0 - 0) + (363360 - 1381630) )/ 1 )
=-11920/( ( 0 + -1018270 )/ 1 )
=-11920/-1018270
=0 %

(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 0.00% mean?
Reliance Communications (NSE:RCOM) has a ROCE % of 0.00% as of Mar. 2026.
Is Reliance Communications' ROCE % too high?
Reliance Communications' current ROCE % is 0.00%. Overall, Reliance Communications has a GF Score™ of 40/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Reliance Communications' ROCE % compare to TMUS and VZ?
Reliance Communications' ROCE % of 0.00% can be compared against companies in the Telecommunication Services industry. The industry median ROCE % is 7.67. 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 Telecommunication Services company?
The median ROCE % among Telecommunication Services companies is 7.67, based on 354 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. 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 Telecommunication Services industry, the median ROCE % is 7.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reliance Communications's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliance Communications stock overvalued right now?
Based on GuruFocus' analysis, Reliance Communications (NSE:RCOM) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1.27, compared to a current price of ₹0.91 — trading 28.3% below its estimated fair value. The current ROCE % is 0.00%. Reliance Communications' overall GF Score™ is 40/100 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 Reliance Communications (NSE:RCOM), the current ROCE % is 0.00% 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 Reliance Communications (NSE:RCOM) Overvalued in 2026?

Based on GuruFocus' analysis, Reliance Communications stock appears to be undervalued. The current stock price of ₹0.91 is trading 28.3% below its estimated GF Value™ of ₹1.27. GuruFocus considers Reliance Communications to be Modestly Undervalued.

Key valuation signals for NSE:RCOM:

  • ROCE %: 0.00%
  • GF Value™: ₹1.27 vs. price of ₹0.91 (28.3% below fair value)
  • GF Score™: 40/100 with 5 warning signs

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

Reliance Communications Business Description

Other Exchanges 532712:India
Address H Block, 1st Floor, Thane Belapur Road, Dhirubhai Ambani Knowledge City, Navi Mumbai, MH, IND, 400710
Reliance Communications Ltd is a triple-play telecommunications company that provides mobile, voice, and broadband services in two segments: India Operations and Global Operations. The India Operations segment includes business voice, long-distance services, and broadband access to enterprise customers, and managed Internet data centre services. The Global Operations segment offers international data and network services, enterprise services, and data services to global customers. The company generates the majority of its revenue from India Operations.
40GF Score

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

₹0.91
Price
₹1.27
GF Value