Tirupati Starch & Chemicals (BOM:524582) ROIC %: 7.84% (As of Mar. 2026)

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BOM:524582 Tirupati Starch & Chemicals Ltd BOM:524582
59 GF Score
Price ₹166.00
GF Value ₹159.56
Valuation Fairly Valued
! 5 Warning Signs
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What is Tirupati Starch & Chemicals ROIC %?

Tirupati Starch & Chemicals BOM:524582 +3.75% 59 ROIC % is 7.84% as of Mar. 2026. GuruFocus rates BOM:524582 with a GF Score™ of 59/100 and a GF Value™ of ₹159.56 (Fairly Valued). The stock has 5 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Tirupati Starch & Chemicals's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 7.84%.

As of today (2026-07-20), Tirupati Starch & Chemicals's WACC % is 10.72%. Tirupati Starch & Chemicals's ROIC % is 5.75% (calculated using TTM income statement data). Tirupati Starch & Chemicals earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Tirupati Starch & Chemicals  (BOM:524582) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Tirupati Starch & Chemicals's WACC % is 10.72%. Tirupati Starch & Chemicals's ROIC % is 5.75% (calculated using TTM income statement data). Tirupati Starch & Chemicals earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Tirupati Starch & Chemicals ROIC % Related Terms


Tirupati Starch & Chemicals ROIC % Historical Data

* Premium members only.

The historical data trend for Tirupati Starch & Chemicals's ROIC % 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.

Tirupati Starch & Chemicals ROIC % Chart

Tirupati Starch & Chemicals Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.35 10.52 5.11 5.95 5.81

Tirupati Starch & Chemicals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROIC % 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 1.87 8.19 0.40 4.90 7.84

BOM:524582 vs KHC, GIS: ROIC % Comparison

For the Packaged Foods subindustry, Tirupati Starch & Chemicals's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tirupati Starch & Chemicals ROIC % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tirupati Starch & Chemicals's ROIC % distribution charts can be found below:

* The bar in red indicates where Tirupati Starch & Chemicals's ROIC % falls into.


BOM:524582
59GF Score
Tirupati Starch & Chemicals Ltd BOM:524582
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tirupati Starch & Chemicals ROIC % Calculation

Tirupati Starch & Chemicals's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2026 is calculated as:

ROIC % (A: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2025 ) + Invested Capital (A: Mar. 2026 ))/ count )
=163.252 * ( 1 - 26.77% )/( (2094.991 + 2021.156)/ 2 )
=119.5494396/2058.0735
=5.81 %

where

Invested Capital(A: Mar. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2304.733 - 258.304 - ( 7.237 - max(0, 891.39 - 842.828+7.237))
=2094.991

Invested Capital(A: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2101.162 - 195.97 - ( 4.568 - max(0, 803.013 - 687.049+4.568))
=2021.156

Tirupati Starch & Chemicals's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=227.084 * ( 1 - 30.2% )/( (0 + 2021.156)/ 1 )
=158.504632/2021.156
=7.84 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2101.162 - 195.97 - ( 4.568 - max(0, 803.013 - 687.049+4.568))
=2021.156

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* 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 ROIC % →
What does a ROIC % of 7.84% mean?
Tirupati Starch & Chemicals (BOM:524582) has a ROIC % of 7.84% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Tirupati Starch & Chemicals and its competitors.
Is Tirupati Starch & Chemicals' ROIC % too high?
Tirupati Starch & Chemicals' current ROIC % is 7.84%. The Consumer Packaged Goods industry median ROIC % is 5.22. Tirupati Starch & Chemicals' value of 7.84% is 50.2% above this industry median. Overall, Tirupati Starch & Chemicals has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tirupati Starch & Chemicals' ROIC % compare to KHC and GIS?
Tirupati Starch & Chemicals' ROIC % of 7.84% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROIC % is 5.22. Tirupati Starch & Chemicals' value of 7.84% is 50.2% 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 ROIC % for a Consumer Packaged Goods company?
The median ROIC % among Consumer Packaged Goods companies is 5.22, based on 1,951 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tirupati Starch & Chemicals's current ROIC % of 7.84% is 50.2% 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Tirupati Starch & Chemicals and its competitors. For the Consumer Packaged Goods industry, the median ROIC % is 5.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tirupati Starch & Chemicals's current ROIC % is 7.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tirupati Starch & Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Tirupati Starch & Chemicals (BOM:524582) is currently considered Fairly Valued. The stock's GF Value™ is ₹159.56, compared to a current price of ₹166.00 — trading 4% above its estimated fair value. The current ROIC % is 7.84% and 50.2% above the Consumer Packaged Goods industry median of 5.22. Tirupati Starch & Chemicals' overall GF Score™ is 59/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Tirupati Starch & Chemicals (BOM:524582), the current ROIC % is 7.84% 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 Tirupati Starch & Chemicals (BOM:524582) Overvalued in 2026?

Based on GuruFocus' analysis, Tirupati Starch & Chemicals stock appears to be overvalued. The current stock price of ₹166.00 is trading 4% above its estimated GF Value™ of ₹159.56. GuruFocus considers Tirupati Starch & Chemicals to be Fairly Valued.

Key valuation signals for BOM:524582:

  • ROIC %: 7.84%
  • GF Value™: ₹159.56 vs. price of ₹166.00 (4% above fair value)
  • GF Score™: 59/100 with 5 warning signs
  • Industry Position: 50.2% above the Consumer Packaged Goods median

No single metric tells the full story. See the BOM:524582 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tirupati Starch & Chemicals Business Description

Address 12, Agrawal Nagar, Main Road, Shreeram Chambers, 1st Floor, Indore, MP, IND, 452001
Tirupati Starch & Chemicals Ltd operates in the starch industry. The company is engaged in developing, manufacturing, and distribution of Maize Starch Powder, Dextrose Anhydrous, Starch, White Dextrin, and Yellow Dextrin as its main products and its by-products in local as well as international markets.
59GF Score

Get the complete analysis for BOM:524582

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

₹166.00
Price
₹159.56
GF Value