Standard Engineering Technology (NSE:SETL) ROCE %: 15.13% (As of Mar. 2026)


NSE:SETL Standard Engineering Technology Ltd NSE:SETL
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What is Standard Engineering Technology ROCE %?

Standard Engineering Technology NSE:SETL +9.10% 18 ROCE % is 15.13% as of Mar. 2026. GuruFocus rates NSE:SETL with a GF Score™ of 18/100. The stock has 8 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. Standard Engineering Technology's annualized ROCE % for the quarter that ended in Mar. 2026 was 15.13%.

Standard Engineering Technology  (NSE:SETL) 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.

Standard Engineering Technology ROCE % Related Terms

Standard Engineering Technology ROCE % Historical Data

* Premium members only.

The historical data trend for Standard Engineering Technology'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.

Standard Engineering Technology ROCE % Chart

Standard Engineering Technology Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
38.92 57.85 30.09 18.68 15.55

Standard Engineering Technology Quarterly Data
Mar22 Mar23 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 13.44 16.78 15.51 15.12 15.13
NSE:SETL
18GF Score
Standard Engineering Technology Ltd NSE:SETL
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Standard Engineering Technology ROCE % Calculation

Standard Engineering Technology'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 )
=1219.495/( ( (9584.011 - 2187.314) + (12538.008 - 4249.063) )/ 2 )
=1219.495/( (7396.697+8288.945)/ 2 )
=1219.495/7842.821
=15.55 %

Standard Engineering Technology'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 )
=1253.748/( ( (0 - 0) + (12538.008 - 4249.063) )/ 1 )
=1253.748/( ( 0 + 8288.945 )/ 1 )
=1253.748/8288.945
=15.13 %

(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 15.13% mean?
Standard Engineering Technology (NSE:SETL) has a ROCE % of 15.13% as of Mar. 2026.
Is Standard Engineering Technology's ROCE % too high?
Standard Engineering Technology's current ROCE % is 15.13%. The Industrial Products industry median ROCE % is 7.08. Standard Engineering Technology's value of 15.13% is 113.7% above this industry median. Overall, Standard Engineering Technology has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Standard Engineering Technology's ROCE % compare to GEV and ETN?
Standard Engineering Technology's ROCE % of 15.13% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.08. Standard Engineering Technology's value of 15.13% is 113.7% 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 an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.08, based on 3,026 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. Standard Engineering Technology's current ROCE % of 15.13% is 113.7% 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 Industrial Products industry, the median ROCE % is 7.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Standard Engineering Technology's current ROCE % is 15.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Standard Engineering Technology stock overvalued right now?
Standard Engineering Technology (NSE:SETL) has a current ROCE % of 15.13%. The current ROCE % is 15.13% and 113.7% above the Industrial Products industry median of 7.08. Standard Engineering Technology's overall GF Score™ is 18/100 with 8 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 Standard Engineering Technology (NSE:SETL), the current ROCE % is 15.13% 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.

Standard Engineering Technology Business Description

Other Exchanges 544333:India
Address 10th Floor, PNR High Nest, Hydernagar, KPHB Colony, Hyderabad, TG, IND, 500085
Standard Engineering Technology Ltd specializes in the design and manufacture of glass-lined, stainless steel and high-alloy engineered process equipment. The company's product portfolio includes reactors, receivers, filter dryers, as well as PTPE-lined pipelines and fittings, and integrated solvent recovery systems. It serves the chemical, pharmaceutical, food, fertiliser nd biotechnology industries, supporting clients across a wide range of process applications.
18GF Score

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