TSC India (NSE:TSC) ROCE %: 7.39% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:TSC TSC India Ltd NSE:TSC
16 GF Score
Price ₹27.20
! 4 Warning Signs
View Full Analysis

What is TSC India ROCE %?

TSC India NSE:TSC 16 ROCE % is 7.39% as of Mar. 2026. GuruFocus rates NSE:TSC with a GF Score™ of 16/100. The stock has 4 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. TSC India's annualized ROCE % for the quarter that ended in Mar. 2026 was 7.39%.

TSC India  (NSE:TSC) 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.

TSC India ROCE % Related Terms

TSC India ROCE % Historical Data

* Premium members only.

The historical data trend for TSC India'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.

TSC India ROCE % Chart

TSC India Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROCE %
19.60 52.73 39.62 19.01

TSC India Semi-Annual Data
Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
ROCE % Get a 7-Day Free Trial 0.00 49.10 32.84 29.94 7.39
NSE:TSC
16GF Score
TSC India Ltd NSE:TSC
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TSC India ROCE % Calculation

TSC India'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 )
=72.514/( ( (614.475 - 388.511) + (979.444 - 442.583) )/ 2 )
=72.514/( (225.964+536.861)/ 2 )
=72.514/381.4125
=19.01 %

TSC India'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 )
=37.906/( ( (896.299 - 406.708) + (979.444 - 442.583) )/ 2 )
=37.906/( ( 489.591 + 536.861 )/ 2 )
=37.906/513.226
=7.39 %

(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 7.39% mean?
TSC India (NSE:TSC) has a ROCE % of 7.39% as of Mar. 2026.
Is TSC India's ROCE % too high?
TSC India's current ROCE % is 7.39%. The Travel & Leisure industry median ROCE % is 6.08. TSC India's value of 7.39% is 21.6% above this industry median. Overall, TSC India has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does TSC India's ROCE % compare to BKNG and ABNB?
TSC India's ROCE % of 7.39% can be compared against companies in the Travel & Leisure industry. The industry median ROCE % is 6.08. TSC India's value of 7.39% is 21.6% 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 Travel & Leisure company?
The median ROCE % among Travel & Leisure companies is 6.08, based on 834 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. TSC India's current ROCE % of 7.39% is 21.6% 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 Travel & Leisure industry, the median ROCE % is 6.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSC India's current ROCE % is 7.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSC India stock overvalued right now?
TSC India (NSE:TSC) has a current ROCE % of 7.39%. The current ROCE % is 7.39% and 21.6% above the Travel & Leisure industry median of 6.08. TSC India's overall GF Score™ is 16/100 with 4 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 TSC India (NSE:TSC), the current ROCE % is 7.39% 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.

TSC India Business Description

Address Plot No. 21-22, G.T. Road, Office No. 3, 2nd Floor, Midland Financial Centre, Jalandhar, PB, IND, 144001
TSC India Ltd is a travel management company which specializes in providing comprehensive air ticketing services tailored to the requirements of its clients. The Company is focused on serving the B2B and corporate sectors. TSC works in close collaboration with airlines and travel agents to deliver cost-effective and streamlined travel solutions to end user customers. Its operations encompass partnerships with a range of travel service providers, enabling it to manage various aspects of travel planning, including booking air tickets. The company operates in multiple cities across India, including Jalandhar, Chandigarh, Lucknow, Ahmedabad, Jaipur, New Delhi, and Pune, reflecting its growing geographical presence.
16GF Score

Get the complete analysis for NSE:TSC

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

₹27.20
Price