Shringar House Of Mangalsutra (NSE:SHRINGARMS) ROCE %: 26.52% (As of Mar. 2026)


NSE:SHRINGARMS Shringar House Of Mangalsutra Ltd NSE:SHRINGARMS
18 GF Score
Price ₹216.58
! 3 Warning Signs
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What is Shringar House Of Mangalsutra ROCE %?

Shringar House Of Mangalsutra NSE:SHRINGARMS +0.78% 18 ROCE % is 26.52% as of Mar. 2026. GuruFocus rates NSE:SHRINGARMS with a GF Score™ of 18/100. The stock has 3 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. Shringar House Of Mangalsutra's annualized ROCE % for the quarter that ended in Mar. 2026 was 26.52%.

Shringar House Of Mangalsutra  (NSE:SHRINGARMS) 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.

Shringar House Of Mangalsutra ROCE % Related Terms

Shringar House Of Mangalsutra ROCE % Historical Data

* Premium members only.

The historical data trend for Shringar House Of Mangalsutra'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.

Shringar House Of Mangalsutra ROCE % Chart

Shringar House Of Mangalsutra Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
24.73 29.29 34.62 51.28 35.80

Shringar House Of Mangalsutra Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only 42.80 43.99 31.52 26.87 26.52
NSE:SHRINGARMS
18GF Score
Shringar House Of Mangalsutra Ltd NSE:SHRINGARMS
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shringar House Of Mangalsutra ROCE % Calculation

Shringar House Of Mangalsutra'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 )
=1597.71/( ( (3757.48 - 1702.69) + (8917.38 - 2046.35) )/ 2 )
=1597.71/( (2054.79+6871.03)/ 2 )
=1597.71/4462.91
=35.80 %

Shringar House Of Mangalsutra'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 )
=1821.96/( ( (0 - 0) + (8917.38 - 2046.35) )/ 1 )
=1821.96/( ( 0 + 6871.03 )/ 1 )
=1821.96/6871.03
=26.52 %

(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 26.52% mean?
Shringar House Of Mangalsutra (NSE:SHRINGARMS) has a ROCE % of 26.52% as of Mar. 2026.
Is Shringar House Of Mangalsutra's ROCE % too high?
Shringar House Of Mangalsutra's current ROCE % is 26.52%. The Retail - Cyclical industry median ROCE % is 7.59. Shringar House Of Mangalsutra's value of 26.52% is 249.6% above this industry median. Overall, Shringar House Of Mangalsutra has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Shringar House Of Mangalsutra's ROCE % compare to TPR?
Shringar House Of Mangalsutra's ROCE % of 26.52% can be compared against companies in the Retail - Cyclical industry. The industry median ROCE % is 7.59. Shringar House Of Mangalsutra's value of 26.52% is 249.6% 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 Retail - Cyclical company?
The median ROCE % among Retail - Cyclical companies is 7.59, based on 1,112 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. Shringar House Of Mangalsutra's current ROCE % of 26.52% is 249.6% 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 Retail - Cyclical industry, the median ROCE % is 7.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shringar House Of Mangalsutra's current ROCE % is 26.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shringar House Of Mangalsutra stock overvalued right now?
Shringar House Of Mangalsutra (NSE:SHRINGARMS) has a current ROCE % of 26.52%. The current ROCE % is 26.52% and 249.6% above the Retail - Cyclical industry median of 7.59. Shringar House Of Mangalsutra's overall GF Score™ is 18/100 with 3 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 Shringar House Of Mangalsutra (NSE:SHRINGARMS), the current ROCE % is 26.52% 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.

Shringar House Of Mangalsutra Business Description

Other Exchanges 544512:India
Address 175, Kalbadevi Road, Unit No. B-1, Lower Ground Floor, Jewel World Cotton Exchange Building, Bhuleshwar, Mumbai, MH, IND, 400 002
Shringar House Of Mangalsutra Ltd is amongst the specialised designers and manufacturers of Mangalsutra in India. It is engaged in designing, manufacturing, and marketing, a varied range of Mangalsutra studded with diverse range of stones including but not limited to, American diamond, cubic zirconia, pearl, mother of pearl, and semi-precious stones, in 18k and 22k purity of gold, to its business-to-business (B2B) clients. The company sells Its products to a diverse range of clients including Corporate Clients, wholesale jewellers, and retailers across the country, more particularly in twenty-four (24) states and four (4) union territories.
18GF 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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