SPR Auto Technologies (NSE:SHRIPISTON) ROCE %: 21.29% (As of Mar. 2026)


NSE:SHRIPISTON SPR Auto Technologies Ltd NSE:SHRIPISTON
80 GF Score
Price ₹4,033.00
GF Value ₹3,149.32
Valuation Modestly Overvalued
! 9 Warning Signs
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What is SPR Auto Technologies ROCE %?

SPR Auto Technologies NSE:SHRIPISTON +2.70% 80 ROCE % is 21.29% as of Mar. 2026. GuruFocus rates NSE:SHRIPISTON with a GF Score™ of 80/100 and a GF Value™ of ₹3,149.32 (Modestly Overvalued). The stock has 9 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. SPR Auto Technologies's annualized ROCE % for the quarter that ended in Mar. 2026 was 21.29%.

SPR Auto Technologies  (NSE:SHRIPISTON) 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.

SPR Auto Technologies ROCE % Related Terms

SPR Auto Technologies ROCE % Historical Data

* Premium members only.

The historical data trend for SPR Auto Technologies'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.

SPR Auto Technologies ROCE % Chart

SPR Auto Technologies 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 17.55 25.85 29.84 27.85 22.26

SPR Auto Technologies 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 29.85 27.35 26.45 23.82 21.29
NSE:SHRIPISTON
80GF Score
SPR Auto Technologies Ltd NSE:SHRIPISTON
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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SPR Auto Technologies ROCE % Calculation

SPR Auto Technologies'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 )
=8127/( ( (37289.47 - 9212.32) + (61526 - 16592) )/ 2 )
=8127/( (28077.15+44934)/ 2 )
=8127/36505.575
=22.26 %

SPR Auto Technologies'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 )
=9568/( ( (0 - 0) + (61526 - 16592) )/ 1 )
=9568/( ( 0 + 44934 )/ 1 )
=9568/44934
=21.29 %

(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 21.29% mean?
SPR Auto Technologies (NSE:SHRIPISTON) has a ROCE % of 21.29% as of Mar. 2026.
Is SPR Auto Technologies' ROCE % too high?
SPR Auto Technologies' current ROCE % is 21.29%. The Vehicles & Parts industry median ROCE % is 7.94. SPR Auto Technologies' value of 21.29% is 168.1% above this industry median. Overall, SPR Auto Technologies has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SPR Auto Technologies' ROCE % compare to ORLY and AZO?
SPR Auto Technologies' ROCE % of 21.29% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. SPR Auto Technologies' value of 21.29% is 168.1% 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 Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 7.94, based on 1,319 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. SPR Auto Technologies's current ROCE % of 21.29% is 168.1% 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 Vehicles & Parts industry, the median ROCE % is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPR Auto Technologies's current ROCE % is 21.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPR Auto Technologies stock overvalued right now?
Based on GuruFocus' analysis, SPR Auto Technologies (NSE:SHRIPISTON) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹3,149.32, compared to a current price of ₹4,033.00 — trading 28.1% above its estimated fair value. The current ROCE % is 21.29% and 168.1% above the Vehicles & Parts industry median of 7.94. SPR Auto Technologies' overall GF Score™ is 80/100 with 9 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 SPR Auto Technologies (NSE:SHRIPISTON), the current ROCE % is 21.29% 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 SPR Auto Technologies (NSE:SHRIPISTON) Overvalued in 2026?

Based on GuruFocus' analysis, SPR Auto Technologies stock appears to be overvalued. The current stock price of ₹4,033.00 is trading 28.1% above its estimated GF Value™ of ₹3,149.32. GuruFocus considers SPR Auto Technologies to be Modestly Overvalued.

Key valuation signals for NSE:SHRIPISTON:

  • ROCE %: 21.29%
  • GF Value™: ₹3,149.32 vs. price of ₹4,033.00 (28.1% above fair value)
  • GF Score™: 80/100 with 9 warning signs
  • Industry Position: 168.1% above the Vehicles & Parts median

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

SPR Auto Technologies Business Description

Other Exchanges 544344:India
Address 23, Kasturba Gandhi Marg, 3rd Floor, Himalaya House, New Delhi, IND, 110 001
SPR Auto Technologies Ltd, formerly known as Shriram Pistons & Rings Ltd, is engaged in the business of manufacturing and marketing its automotive component. The company's product portfolio comprises Pistons, Piston Pins, Piston Rings, and Engine Valves. Its product is used by passenger commercial vehicles, cars, two-wheelers, tractors, and stationary engines. The company derives revenue mainly from sales in the domestic market.
80GF Score

Get the complete analysis for NSE:SHRIPISTON

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

₹4,033.00
Price
₹3,149.32
GF Value