Shri Techtex (NSE:SHRITECH) ROCE %: 30.88% (As of Mar. 2026)


NSE:SHRITECH Shri Techtex Ltd NSE:SHRITECH
67 GF Score
Price ₹64.00
GF Value ₹77.60
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Shri Techtex ROCE %?

Shri Techtex NSE:SHRITECH -1.54% 67 ROCE % is 30.88% as of Mar. 2026. GuruFocus rates NSE:SHRITECH with a GF Score™ of 67/100 and a GF Value™ of ₹77.60 (Modestly Undervalued). The stock has 5 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 Techtex's annualized ROCE % for the quarter that ended in Mar. 2026 was 30.88%.

Shri Techtex  (NSE:SHRITECH) 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 Techtex ROCE % Related Terms

Shri Techtex ROCE % Historical Data

* Premium members only.

The historical data trend for Shri Techtex'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 Techtex ROCE % Chart

Shri Techtex Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial 29.38 24.21 24.84 23.23 23.53

Shri Techtex Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.25 23.39 23.01 16.53 30.88
NSE:SHRITECH
67GF Score
Shri Techtex Ltd NSE:SHRITECH
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shri Techtex ROCE % Calculation

Shri Techtex'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 )
=263.106/( ( (1151.818 - 117.322) + (1340.411 - 138.321) )/ 2 )
=263.106/( (1034.496+1202.09)/ 2 )
=263.106/1118.293
=23.53 %

Shri Techtex'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 )
=351.742/( ( (1203.854 - 127.806) + (1340.411 - 138.321) )/ 2 )
=351.742/( ( 1076.048 + 1202.09 )/ 2 )
=351.742/1139.069
=30.88 %

(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 30.88% mean?
Shri Techtex (NSE:SHRITECH) has a ROCE % of 30.88% as of Mar. 2026.
Is Shri Techtex's ROCE % too high?
Shri Techtex's current ROCE % is 30.88%. The Manufacturing - Apparel & Accessories industry median ROCE % is 6.14. Shri Techtex's value of 30.88% is 403.3% above this industry median. Overall, Shri Techtex has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shri Techtex's ROCE % compare to competitors?
Shri Techtex's ROCE % of 30.88% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROCE % is 6.14. Shri Techtex's value of 30.88% is 403.3% 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 Manufacturing - Apparel & Accessories company?
The median ROCE % among Manufacturing - Apparel & Accessories companies is 6.14, based on 1,040 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 Techtex's current ROCE % of 30.88% is 403.3% 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 Manufacturing - Apparel & Accessories industry, the median ROCE % is 6.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shri Techtex's current ROCE % is 30.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Techtex stock overvalued right now?
Based on GuruFocus' analysis, Shri Techtex (NSE:SHRITECH) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹77.60, compared to a current price of ₹64.00 — trading 17.5% below its estimated fair value. The current ROCE % is 30.88% and 403.3% above the Manufacturing - Apparel & Accessories industry median of 6.14. Shri Techtex's overall GF Score™ is 67/100 with 5 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 Techtex (NSE:SHRITECH), the current ROCE % is 30.88% 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 Shri Techtex (NSE:SHRITECH) Overvalued in 2026?

Based on GuruFocus' analysis, Shri Techtex stock appears to be undervalued. The current stock price of ₹64.00 is trading 17.5% below its estimated GF Value™ of ₹77.60. GuruFocus considers Shri Techtex to be Modestly Undervalued.

Key valuation signals for NSE:SHRITECH:

  • ROCE %: 30.88%
  • GF Value™: ₹77.60 vs. price of ₹64.00 (17.5% below fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 403.3% above the Manufacturing - Apparel & Accessories median

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

Shri Techtex Business Description

Address Harmony, 2nd Floor,15/A, Shree Vidhyanagar Co-Operative Housing Society Ltd., Opposite Nabard, Near Usmanpura Garden, Ahmedabad, GJ, IND, 380014
Shri Techtex Ltd is engaged in the business of manufacturing of technical textile. The practical use of non-woven fabric is more ecological for certain applications, especially in fields and industries where disposable or single-use products are important, such as organic farming, hospitals, health care, nursing homes, home furnishing, vehicle upholstery seat fabrication, Mattress & furniture covering, ecological packaging, industrial and consumer goods. The company manufactures PP non-woven fabric in a variety of sizes and densities.
67GF Score

Get the complete analysis for NSE:SHRITECH

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

₹64.00
Price
₹77.60
GF Value