VMS TMT (NSE:VMSTMT) ROCE %: 12.92% (As of Mar. 2026)


NSE:VMSTMT VMS TMT Ltd NSE:VMSTMT
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What is VMS TMT ROCE %?

VMS TMT NSE:VMSTMT -1.09% 12 ROCE % is 12.92% as of Mar. 2026. GuruFocus rates NSE:VMSTMT with a GF Score™ of 12/100. 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. VMS TMT's annualized ROCE % for the quarter that ended in Mar. 2026 was 12.92%.

VMS TMT  (NSE:VMSTMT) 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.

VMS TMT ROCE % Related Terms

VMS TMT ROCE % Historical Data

* Premium members only.

The historical data trend for VMS TMT'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.

VMS TMT ROCE % Chart

VMS TMT Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
15.82 16.54 26.14 22.04 21.02

VMS TMT Quarterly Data
Mar22 Mar23 Mar24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only 20.32 34.58 14.26 18.12 12.92
NSE:VMSTMT
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VMS TMT Ltd NSE:VMSTMT
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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VMS TMT ROCE % Calculation

VMS TMT'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 )
=523.37/( ( (4120.634 - 2066.167) + (5194.116 - 2269.58) )/ 2 )
=523.37/( (2054.467+2924.536)/ 2 )
=523.37/2489.5015
=21.02 %

VMS TMT'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 )
=377.984/( ( (0 - 0) + (5194.116 - 2269.58) )/ 1 )
=377.984/( ( 0 + 2924.536 )/ 1 )
=377.984/2924.536
=12.92 %

(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 12.92% mean?
VMS TMT (NSE:VMSTMT) has a ROCE % of 12.92% as of Mar. 2026.
Is VMS TMT's ROCE % too high?
VMS TMT's current ROCE % is 12.92%. The Steel industry median ROCE % is 5.63. VMS TMT's value of 12.92% is 129.7% above this industry median. Overall, VMS TMT has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does VMS TMT's ROCE % compare to NUE and STLD?
VMS TMT's ROCE % of 12.92% can be compared against companies in the Steel industry. The industry median ROCE % is 5.63. VMS TMT's value of 12.92% is 129.7% 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 Steel company?
The median ROCE % among Steel companies is 5.63, based on 624 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. VMS TMT's current ROCE % of 12.92% is 129.7% 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 Steel industry, the median ROCE % is 5.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VMS TMT's current ROCE % is 12.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VMS TMT stock overvalued right now?
VMS TMT (NSE:VMSTMT) has a current ROCE % of 12.92%. The current ROCE % is 12.92% and 129.7% above the Steel industry median of 5.63. VMS TMT's overall GF Score™ is 12/100 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 VMS TMT (NSE:VMSTMT), the current ROCE % is 12.92% 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.

VMS TMT Business Description

Other Exchanges 544521:India
Address Survey No. 214, Near Water Tank, Bhayla, Ahmedabad, GJ, IND, 382220
VMS TMT Ltd is engaged in manufacturing of Thermo Mechanically Treated Bars (TMT Bars) at its manufacturing facility situated at Bhayla Village, Ahmedabad, Gujarat, India. TMT Bars are high-strength reinforcement steel used widely in construction industry due to their exceptional strength, ductility, and corrosion resistance. Its revenue from operations also includes sale of scrap, binding wires and billets.
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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