Shri Hare-Krishna Sponge Iron (NSE:SHKSIL) ROCE %: 2.90% (As of Mar. 2026)


NSE:SHKSIL Shri Hare-Krishna Sponge Iron Ltd NSE:SHKSIL
31 GF Score
Price ₹35.00
! 7 Warning Signs
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What is Shri Hare-Krishna Sponge Iron ROCE %?

Shri Hare-Krishna Sponge Iron NSE:SHKSIL 31 ROCE % is 2.90% as of Mar. 2026. GuruFocus rates NSE:SHKSIL with a GF Score™ of 31/100. The stock has 7 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. Shri Hare-Krishna Sponge Iron's annualized ROCE % for the quarter that ended in Mar. 2026 was 2.90%.

Shri Hare-Krishna Sponge Iron  (NSE:SHKSIL) 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.

Shri Hare-Krishna Sponge Iron ROCE % Related Terms

Shri Hare-Krishna Sponge Iron ROCE % Historical Data

* Premium members only.

The historical data trend for Shri Hare-Krishna Sponge Iron'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.

Shri Hare-Krishna Sponge Iron ROCE % Chart

Shri Hare-Krishna Sponge Iron Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
28.05 29.27 23.16 17.21 8.03

Shri Hare-Krishna Sponge Iron Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
ROCE % Get a 7-Day Free Trial 0.00 20.06 14.95 13.03 2.90
NSE:SHKSIL
31GF Score
Shri Hare-Krishna Sponge Iron Ltd NSE:SHKSIL
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shri Hare-Krishna Sponge Iron ROCE % Calculation

Shri Hare-Krishna Sponge Iron'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 )
=85.451/( ( (931.559 - 116.754) + (1442.936 - 130.685) )/ 2 )
=85.451/( (814.805+1312.251)/ 2 )
=85.451/1063.528
=8.03 %

Shri Hare-Krishna Sponge Iron'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 )
=36.986/( ( (1297.635 - 56.645) + (1442.936 - 130.685) )/ 2 )
=36.986/( ( 1240.99 + 1312.251 )/ 2 )
=36.986/1276.6205
=2.90 %

(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 2.90% mean?
Shri Hare-Krishna Sponge Iron (NSE:SHKSIL) has a ROCE % of 2.90% as of Mar. 2026.
Is Shri Hare-Krishna Sponge Iron's ROCE % too high?
Shri Hare-Krishna Sponge Iron's current ROCE % is 2.90%. The Steel industry median ROCE % is 5.63. Shri Hare-Krishna Sponge Iron's value of 2.90% is 48.4% below this industry median. Overall, Shri Hare-Krishna Sponge Iron has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Shri Hare-Krishna Sponge Iron's ROCE % compare to NUE and STLD?
Shri Hare-Krishna Sponge Iron's ROCE % of 2.90% can be compared against companies in the Steel industry. The industry median ROCE % is 5.63. Shri Hare-Krishna Sponge Iron's value of 2.90% is 48.4% below 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 Steel company?
The median ROCE % among Steel companies is 5.63, based on 620 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. Shri Hare-Krishna Sponge Iron's current ROCE % of 2.90% is 48.4% below 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 Steel industry, the median ROCE % is 5.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shri Hare-Krishna Sponge Iron's current ROCE % is 2.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Hare-Krishna Sponge Iron stock overvalued right now?
Shri Hare-Krishna Sponge Iron (NSE:SHKSIL) has a current ROCE % of 2.90%. The current ROCE % is 2.90% and 48.4% below the Steel industry median of 5.63. Shri Hare-Krishna Sponge Iron's overall GF Score™ is 31/100 with 7 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 Shri Hare-Krishna Sponge Iron (NSE:SHKSIL), the current ROCE % is 2.90% 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.

Shri Hare-Krishna Sponge Iron Business Description

Address Phase-II, Plot No.106, Industrial Growth Centre, Siltara, Raipur, CT, IND, 493111
Shri Hare-Krishna Sponge Iron Ltd is engaged in the business of manufacturing and selling of Sponge Iron. Sponge iron is mainly used as a raw material for steel production in electric arc furnaces and induction furnaces. Through its sponge iron business, it caters to the metallic requirements of steel producers in selected geographies.
31GF Score

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