Veedol (NSE:VEEDOL) ROCE %: 23.81% (As of Mar. 2026)

What is Veedol ROCE %?

Veedol NSE:VEEDOL -0.37% 90 ROCE % is 23.81% as of Mar. 2026. GuruFocus rates NSE:VEEDOL with a GF Score™ of 90/100 and a GF Value™ of ₹1,773.22 (Modestly Undervalued). The stock has 1 warning sign 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. Veedol's annualized ROCE % for the quarter that ended in Mar. 2026 was 23.81%.

Veedol (NSE:VEEDOL) 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.

Veedol ROCE % Related Terms

Veedol ROCE % Historical Data

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The historical data trend for Veedol'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.

Veedol ROCE % Chart

Veedol Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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20.69

18.69

22.22

21.99

23.29

Veedol 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															28.27	26.19	21.45	21.50	23.81

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Veedol Corp Ltd NSE:VEEDOL

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Veedol ROCE % Calculation

Veedol'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 )
	=	2408.2	/	( ( (12527.6 - 2700.8)	+	(14060.5 - 3207.4) )	/ 2 )
	=	2408.2	/	( (9826.8	+	10853.1)	/ 2 )
	=	2408.2	/	10339.95
	=	23.29 %

Veedol'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 )
	=	2584.4	/	( ( (0 - 0)	+	(14060.5 - 3207.4) )	/ 1 )
	=	2584.4	/	( ( 0	+	10853.1 )	/ 1 )
	=	2584.4	/	10853.1
	=	23.81 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 23.81% mean?

Veedol (NSE:VEEDOL) has a ROCE % of 23.81% as of Mar. 2026.

Is Veedol's ROCE % too high?

Veedol's current ROCE % is 23.81%. The Chemicals industry median ROCE % is 6.42. Veedol's value of 23.81% is 270.9% above this industry median. Overall, Veedol has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Veedol's ROCE % compare to LIN and SHW?

Veedol's ROCE % of 23.81% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.42. Veedol's value of 23.81% is 270.9% 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 Chemicals company?

The median ROCE % among Chemicals companies is 6.42, based on 1,590 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. Veedol's current ROCE % of 23.81% is 270.9% 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 Chemicals industry, the median ROCE % is 6.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veedol's current ROCE % is 23.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Veedol stock overvalued right now?

Based on GuruFocus' analysis, Veedol (NSE:VEEDOL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,773.22, compared to a current price of ₹1,443.30 — trading 18.6% below its estimated fair value. The current ROCE % is 23.81% and 270.9% above the Chemicals industry median of 6.42. Veedol's overall GF Score™ is 90/100 with 1 warning sign 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 Veedol (NSE:VEEDOL), the current ROCE % is 23.81% 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 Veedol (NSE:VEEDOL) Overvalued in 2026?

Based on GuruFocus' analysis, Veedol stock appears to be undervalued. The current stock price of ₹1,443.30 is trading 18.6% below its estimated GF Value™ of ₹1,773.22. GuruFocus considers Veedol to be Modestly Undervalued.

Key valuation signals for NSE:VEEDOL:

ROCE %: 23.81%
GF Value™: ₹1,773.22 vs. price of ₹1,443.30 (18.6% below fair value)
GF Score™: 90/100 with 1 warning sign
Industry Position: 270.9% above the Chemicals median

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

Veedol Business Description

Industry Basic Materials Chemicals

Comparable Companies BOM:532967 BOM:532834 BOM:523694 BOM:543686 BOM:543321 BOM:543547 NSE:STALLION BOM:543213 BOM:512237 BOM:506480 LIN XPAR:AI SHW ECL APD SHSE:603256 XSWX:GIVN TPE:1303 XSWX:SIKA SHSE:600309

Other Exchanges 590005:India

Address 8, Dr. Rajendra Prasad Sarani, Yule House, Kolkata, WB, IND, 700001

Website https://www.veedolindia.com

Veedol Corp Ltd is a manufacturer and marketer of quality lubricants around the globe. The products offered by the company include high-performance engine oils for passenger cars, two/three-wheelers, heavy commercial vehicles, off-highway vehicles, buses, and tractors. It also offers gear oils, transmission oils, coolants, brake oil, and greases for all automotive applications, as well as a wide range of industrial and specialty lubricants catering to diverse industry applications.

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₹1,443.30

Price

₹1,773.22

GF Value

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