Swan Defence and Heavy Industries (NSE:SWANDEF) ROCE %: -19.34% (As of Mar. 2026)


NSE:SWANDEF Swan Defence and Heavy Industries Ltd NSE:SWANDEF
31 GF Score
Price ₹2,215.60
GF Value ₹11,927.10
Valuation Possible Value Trap
! 5 Warning Signs
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What is Swan Defence and Heavy Industries ROCE %?

Swan Defence and Heavy Industries NSE:SWANDEF +3.38% 31 ROCE % is -19.34% as of Mar. 2026. GuruFocus rates NSE:SWANDEF with a GF Score™ of 31/100 and a GF Value™ of ₹11,927.10 (Possible Value Trap). 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. Swan Defence and Heavy Industries's annualized ROCE % for the quarter that ended in Mar. 2026 was -19.34%.

Swan Defence and Heavy Industries  (NSE:SWANDEF) 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.

Swan Defence and Heavy Industries ROCE % Related Terms

Swan Defence and Heavy Industries ROCE % Historical Data

* Premium members only.

The historical data trend for Swan Defence and Heavy Industries'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.

Swan Defence and Heavy Industries ROCE % Chart

Swan Defence and Heavy Industries 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 0.00 0.00 -4.08 -6.70 -7.85

Swan Defence and Heavy Industries 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 -3.12 -4.43 -2.65 -4.55 -19.34
NSE:SWANDEF
31GF Score
Swan Defence and Heavy Industries Ltd NSE:SWANDEF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Swan Defence and Heavy Industries ROCE % Calculation

Swan Defence and Heavy Industries'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 )
=-2135.891/( ( (28917.703 - 2920.108) + (31671.929 - 3263.888) )/ 2 )
=-2135.891/( (25997.595+28408.041)/ 2 )
=-2135.891/27202.818
=-7.85 %

Swan Defence and Heavy Industries'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 )
=-5494.82/( ( (0 - 0) + (31671.929 - 3263.888) )/ 1 )
=-5494.82/( ( 0 + 28408.041 )/ 1 )
=-5494.82/28408.041
=-19.34 %

(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 -19.34% mean?
Swan Defence and Heavy Industries (NSE:SWANDEF) has a ROCE % of -19.34% as of Mar. 2026.
Is Swan Defence and Heavy Industries' ROCE % too high?
Swan Defence and Heavy Industries' current ROCE % is -19.34%. Overall, Swan Defence and Heavy Industries has a GF Score™ of 31/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Swan Defence and Heavy Industries' ROCE % compare to GE and RTX?
Swan Defence and Heavy Industries' ROCE % of -19.34% can be compared against companies in the Aerospace & Defense industry. The industry median ROCE % is 6.29. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Aerospace & Defense company?
The median ROCE % among Aerospace & Defense companies is 6.29, based on 350 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. 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 Aerospace & Defense industry, the median ROCE % is 6.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swan Defence and Heavy Industries's current ROCE % is -19.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swan Defence and Heavy Industries stock overvalued right now?
Based on GuruFocus' analysis, Swan Defence and Heavy Industries (NSE:SWANDEF) is currently considered Possible Value Trap. The stock's GF Value™ is ₹11,927.10, compared to a current price of ₹2,215.60 — trading 81.4% below its estimated fair value. The current ROCE % is -19.34%. Swan Defence and Heavy Industries' overall GF Score™ is 31/100 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 Swan Defence and Heavy Industries (NSE:SWANDEF), the current ROCE % is -19.34% 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 Swan Defence and Heavy Industries (NSE:SWANDEF) Overvalued in 2026?

Based on GuruFocus' analysis, Swan Defence and Heavy Industries stock appears to be undervalued. The current stock price of ₹2,215.60 is trading 81.4% below its estimated GF Value™ of ₹11,927.10. GuruFocus considers Swan Defence and Heavy Industries to be Possible Value Trap.

Key valuation signals for NSE:SWANDEF:

  • ROCE %: -19.34%
  • GF Value™: ₹11,927.10 vs. price of ₹2,215.60 (81.4% below fair value)
  • GF Score™: 31/100 with 5 warning signs

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

Swan Defence and Heavy Industries Business Description

Other Exchanges 533107:India
Address 10 J. N. Heredia Marg, 6 Feltham House, 2nd Floor, Ballard Estate, Mumbai, MH, IND, 400001
Swan Defence and Heavy Industries Ltd is mainly engaged in the construction of vessels, repairs, and refits of ships and rigs, and heavy engineering. The company has developed an integrated shipbuilding, ship and rig repair and conversion, ship production, offshore construction, and heavy engineering facility in Gujarat. The company has a large shipbuilding/repair infrastructure in India including the Dry Dock.
31GF Score

Get the complete analysis for NSE:SWANDEF

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

₹2,215.60
Price
₹11,927.10
GF Value