Zeal Global Services (NSE:ZEAL) ROCE %: 23.04% (As of Mar. 2026)


NSE:ZEAL Zeal Global Services Ltd NSE:ZEAL
57 GF Score
Price ₹68.00
GF Value ₹197.69
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Zeal Global Services ROCE %?

Zeal Global Services NSE:ZEAL +0.29% 57 ROCE % is 23.04% as of Mar. 2026. GuruFocus rates NSE:ZEAL with a GF Score™ of 57/100 and a GF Value™ of ₹197.69 (Possible Value Trap). The stock has 7 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. Zeal Global Services's annualized ROCE % for the quarter that ended in Mar. 2026 was 23.04%.

Zeal Global Services  (NSE:ZEAL) 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.

Zeal Global Services ROCE % Related Terms

Zeal Global Services ROCE % Historical Data

* Premium members only.

The historical data trend for Zeal Global Services'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.

Zeal Global Services ROCE % Chart

Zeal Global Services Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial 72.77 79.03 39.09 27.40 19.57

Zeal Global Services Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 32.82 35.69 20.67 16.08 23.04
NSE:ZEAL
57GF Score
Zeal Global Services Ltd NSE:ZEAL
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zeal Global Services ROCE % Calculation

Zeal Global Services'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 )
=172.083/( ( (1425.59 - 601.234) + (1433.272 - 498.896) )/ 2 )
=172.083/( (824.356+934.376)/ 2 )
=172.083/879.366
=19.57 %

Zeal Global Services'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 )
=207.89/( ( (1491.259 - 621.067) + (1433.272 - 498.896) )/ 2 )
=207.89/( ( 870.192 + 934.376 )/ 2 )
=207.89/902.284
=23.04 %

(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 23.04% mean?
Zeal Global Services (NSE:ZEAL) has a ROCE % of 23.04% as of Mar. 2026.
Is Zeal Global Services' ROCE % too high?
Zeal Global Services' current ROCE % is 23.04%. The Transportation industry median ROCE % is 7.73. Zeal Global Services' value of 23.04% is 198.1% above this industry median. Overall, Zeal Global Services has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zeal Global Services' ROCE % compare to UPS and FDX?
Zeal Global Services' ROCE % of 23.04% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.73. Zeal Global Services' value of 23.04% is 198.1% 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 Transportation company?
The median ROCE % among Transportation companies is 7.73, based on 989 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. Zeal Global Services's current ROCE % of 23.04% is 198.1% 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 Transportation industry, the median ROCE % is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zeal Global Services's current ROCE % is 23.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zeal Global Services stock overvalued right now?
Based on GuruFocus' analysis, Zeal Global Services (NSE:ZEAL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹197.69, compared to a current price of ₹68.00 — trading 65.6% below its estimated fair value. The current ROCE % is 23.04% and 198.1% above the Transportation industry median of 7.73. Zeal Global Services' overall GF Score™ is 57/100 with 7 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 Zeal Global Services (NSE:ZEAL), the current ROCE % is 23.04% 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 Zeal Global Services (NSE:ZEAL) Overvalued in 2026?

Based on GuruFocus' analysis, Zeal Global Services stock appears to be undervalued. The current stock price of ₹68.00 is trading 65.6% below its estimated GF Value™ of ₹197.69. GuruFocus considers Zeal Global Services to be Possible Value Trap.

Key valuation signals for NSE:ZEAL:

  • ROCE %: 23.04%
  • GF Value™: ₹197.69 vs. price of ₹68.00 (65.6% below fair value)
  • GF Score™: 57/100 with 7 warning signs
  • Industry Position: 198.1% above the Transportation median

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

Zeal Global Services Business Description

Address Street No. 6, A - 261/262, Third Floor, Mahipalpur Extension, New Delhi, IND, 110037
Zeal Global Services Ltd is engaged in the business of providing logistics solutions in the Air Cargo Industry. It has been operating as General Sales and Service Agent (GSSA) and sales partner for airlines in the region. The Company realizes that clients have specific requirements with regard to their shipments. Its approach is to bring economical solutions to its client's freighting needs through - excessive aircraft, load and destination compatibility analysis to suit the ever-changing needs of various industries such as fashion, pharmaceuticals, automotive and industrials. The company has one segment Air Cargo Service.
57GF Score

Get the complete analysis for NSE:ZEAL

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

₹68.00
Price
₹197.69
GF Value