Shri Kanha Stainless (NSE:SHRIKANHA) ROCE %: 34.15% (As of Mar. 2026)

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NSE:SHRIKANHA Shri Kanha Stainless Ltd NSE:SHRIKANHA
13 GF Score
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! 6 Warning Signs
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What is Shri Kanha Stainless ROCE %?

Shri Kanha Stainless NSE:SHRIKANHA +4.86% 13 ROCE % is 34.15% as of Mar. 2026. GuruFocus rates NSE:SHRIKANHA with a GF Score™ of 13/100. The stock has 6 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 Kanha Stainless's annualized ROCE % for the quarter that ended in Mar. 2026 was 34.15%.

Shri Kanha Stainless  (NSE:SHRIKANHA) 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 Kanha Stainless ROCE % Related Terms

Shri Kanha Stainless ROCE % Historical Data

* Premium members only.

The historical data trend for Shri Kanha Stainless'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 Kanha Stainless ROCE % Chart

Shri Kanha Stainless Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROCE %
43.97 66.56 76.59 37.52

Shri Kanha Stainless Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
ROCE % 0.00 0.00 85.09 77.68 34.15
NSE:SHRIKANHA
13GF Score
Shri Kanha Stainless Ltd NSE:SHRIKANHA
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shri Kanha Stainless ROCE % Calculation

Shri Kanha Stainless'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 )
=160.732/( ( (1061.341 - 860.213) + (1501.628 - 845.935) )/ 2 )
=160.732/( (201.128+655.693)/ 2 )
=160.732/428.4105
=37.52 %

Shri Kanha Stainless'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 )
=152.092/( ( (1163.442 - 928.48) + (1501.628 - 845.935) )/ 2 )
=152.092/( ( 234.962 + 655.693 )/ 2 )
=152.092/445.3275
=34.15 %

(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 34.15% mean?
Shri Kanha Stainless (NSE:SHRIKANHA) has a ROCE % of 34.15% as of Mar. 2026.
Is Shri Kanha Stainless' ROCE % too high?
Shri Kanha Stainless' current ROCE % is 34.15%. The Steel industry median ROCE % is 5.96. Shri Kanha Stainless' value of 34.15% is 473% above this industry median. Overall, Shri Kanha Stainless has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Shri Kanha Stainless' ROCE % compare to NUE and STLD?
Shri Kanha Stainless' ROCE % of 34.15% can be compared against companies in the Steel industry. The industry median ROCE % is 5.96. Shri Kanha Stainless' value of 34.15% is 473% 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 Steel company?
The median ROCE % among Steel companies is 5.96, based on 619 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 Kanha Stainless's current ROCE % of 34.15% is 473% 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 Steel industry, the median ROCE % is 5.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shri Kanha Stainless's current ROCE % is 34.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Kanha Stainless stock overvalued right now?
Shri Kanha Stainless (NSE:SHRIKANHA) has a current ROCE % of 34.15%. The current ROCE % is 34.15% and 473% above the Steel industry median of 5.96. Shri Kanha Stainless' overall GF Score™ is 13/100 with 6 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 Kanha Stainless (NSE:SHRIKANHA), the current ROCE % is 34.15% 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 Kanha Stainless Business Description

Address Nirwaroo Road, Plot No. 70-B, Unit No. 401-402, 4th Floor, Trimurty Prime Tower, Jhotwara, Jaipur, RJ, IND, 302 012
Shri Kanha Stainless Ltd is a manufacturer of precision stainless steel cold-rolled strips, offering a wide range of thin and ultra-thin variants designed to meet diverse industrial requirements. The company's products are widely used across various sectors, including the textile, automotive, and chemical industries, as well as in flexible tubes, capillary tubes, clocks, watches, and electrical equipment. Its key product offerings include Cold Rolling of Stainless-Steel Precision Strips (HR/CR SS Coil/Slitted), Stainless Steel Circle, and Stainless Steel Sheet. The company derives revenue from the sale of its products, mainly from the sale of HR/CR SS Coil/Slitted products.
13GF Score

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

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