Smarten Power Systems (NSE:SMARTEN) ROCE %: 20.19% (As of Mar. 2026)


NSE:SMARTEN Smarten Power Systems Ltd NSE:SMARTEN
18 GF Score
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What is Smarten Power Systems ROCE %?

Smarten Power Systems NSE:SMARTEN -2.70% 18 ROCE % is 20.19% as of Mar. 2026. GuruFocus rates NSE:SMARTEN 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. Smarten Power Systems's annualized ROCE % for the quarter that ended in Mar. 2026 was 20.19%.

Smarten Power Systems  (NSE:SMARTEN) 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.

Smarten Power Systems ROCE % Related Terms

Smarten Power Systems ROCE % Historical Data

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The historical data trend for Smarten Power Systems'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.

Smarten Power Systems ROCE % Chart

Smarten Power Systems Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
56.27 57.48 77.03 51.84 20.19

Smarten Power Systems Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Mar26
ROCE % 56.27 57.48 77.03 51.84 20.19
NSE:SMARTEN
18GF Score
Smarten Power Systems Ltd NSE:SMARTEN
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Smarten Power Systems ROCE % Calculation

Smarten Power Systems'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 )
=128.32/( ( (972.353 - 554.174) + (1387.789 - 534.62) )/ 2 )
=128.32/( (418.179+853.169)/ 2 )
=128.32/635.674
=20.19 %

Smarten Power Systems'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: Mar. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Mar. 2025 )(Q: Mar. 2026 )
=128.32/( ( (972.353 - 554.174) + (1387.789 - 534.62) )/ 2 )
=128.32/( ( 418.179 + 853.169 )/ 2 )
=128.32/635.674
=20.19 %

(1) Note: The EBIT data used here is one times the 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 20.19% mean?
Smarten Power Systems (NSE:SMARTEN) has a ROCE % of 20.19% as of Mar. 2026.
Is Smarten Power Systems' ROCE % too high?
Smarten Power Systems' current ROCE % is 20.19%. The Semiconductors industry median ROCE % is 4.81. Smarten Power Systems' value of 20.19% is 320.2% above this industry median. Overall, Smarten Power Systems has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Smarten Power Systems' ROCE % compare to FSLR and NXT?
Smarten Power Systems' ROCE % of 20.19% can be compared against companies in the Semiconductors industry. The industry median ROCE % is 4.81. Smarten Power Systems' value of 20.19% is 320.2% 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 Semiconductors company?
The median ROCE % among Semiconductors companies is 4.81, based on 1,018 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. Smarten Power Systems's current ROCE % of 20.19% is 320.2% 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 Semiconductors industry, the median ROCE % is 4.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smarten Power Systems's current ROCE % is 20.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smarten Power Systems stock overvalued right now?
Smarten Power Systems (NSE:SMARTEN) has a current ROCE % of 20.19%. The current ROCE % is 20.19% and 320.2% above the Semiconductors industry median of 4.81. Smarten Power Systems' 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 Smarten Power Systems (NSE:SMARTEN), the current ROCE % is 20.19% 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.

Smarten Power Systems Business Description

Address Sector - 37, 374, 1st Floor Pace City-2, Gurgaon, HR, IND, 122001
Smarten Power Systems Ltd is engaged into designing and assembling of power back-up and developed solar power products such as Home UPS systems, solar inverters, solar power conditioning units (PCUs), solar charge controllers. It is also engaged in the trading of solar panels and batteries. It sells its products through its distributors within India. Currently, The Company is operating in 23 states and 2 union territories within India and has also established footprint in over 18 countries which includes Middle East, Africa, and South Asia region.
18GF Score

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