Tandlianwala Sugar Mills (KAR:TSML) ROIC %: 0.56% (As of Mar. 2026)


KAR:TSML Tandlianwala Sugar Mills Ltd KAR:TSML
64 GF Score
Price ₨637.68
GF Value ₨117.36
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Tandlianwala Sugar Mills ROIC %?

Tandlianwala Sugar Mills KAR:TSML +9.26% 64 ROIC % is 0.56% as of Mar. 2026. GuruFocus rates KAR:TSML with a GF Score™ of 64/100 and a GF Value™ of ₨117.36 (Significantly Overvalued). The stock has 9 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 %. Tandlianwala Sugar Mills's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 0.56%.

As of today (2026-06-30), Tandlianwala Sugar Mills's WACC % is 9.96%. Tandlianwala Sugar Mills's ROIC % is 6.73% (calculated using TTM income statement data). Tandlianwala Sugar Mills earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Tandlianwala Sugar Mills  (KAR:TSML) 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, Tandlianwala Sugar Mills's WACC % is 9.96%. Tandlianwala Sugar Mills's ROIC % is 6.73% (calculated using TTM income statement data). Tandlianwala Sugar Mills 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.


Tandlianwala Sugar Mills ROIC % Related Terms


Tandlianwala Sugar Mills ROIC % Historical Data

* Premium members only.

The historical data trend for Tandlianwala Sugar Mills'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.

Tandlianwala Sugar Mills ROIC % Chart

Tandlianwala Sugar Mills Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.74 4.53 9.74 8.26 8.62

Tandlianwala Sugar Mills 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 0.00 8.85 13.35 7.07 0.56

KAR:TSML vs MDLZ, HSY, TR: ROIC % Comparison

For the Confectioners subindustry, Tandlianwala Sugar Mills'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.


Tandlianwala Sugar Mills ROIC % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tandlianwala Sugar Mills's ROIC % distribution charts can be found below:

* The bar in red indicates where Tandlianwala Sugar Mills's ROIC % falls into.


KAR:TSML
64GF Score
Tandlianwala Sugar Mills Ltd KAR:TSML
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tandlianwala Sugar Mills ROIC % Calculation

Tandlianwala Sugar Mills's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Sep. 2025 is calculated as:

ROIC % (A: Sep. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Sep. 2024 ) + Invested Capital (A: Sep. 2025 ))/ count )
=4543.581 * ( 1 - 29.21% )/( (38144.849 + 36485.066)/ 2 )
=3216.4009899/37314.9575
=8.62 %

where

Invested Capital(A: Sep. 2024 )
=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))
=41558.688 - 3165.592 - ( 258.876 - max(0, 26491.301 - 26739.548+258.876))
=38144.849

Invested Capital(A: Sep. 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))
=40356.302 - 3757.407 - ( 113.829 - max(0, 24379.354 - 26030.728+113.829))
=36485.066

Tandlianwala Sugar Mills'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 )
=4212.428 * ( 1 - 94.39% )/( (33603.122 + 50325.897)/ 2 )
=236.3172108/41964.5095
=0.56 %

where

Invested Capital(Q: Dec. 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))
=40797.024 - 6936.603 - ( 257.299 - max(0, 24509.584 - 26573.107+257.299))
=33603.122

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))
=54491.967 - 3887.579 - ( 278.491 - max(0, 38195.544 - 40284.524+278.491))
=50325.897

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 0.56% mean?
Tandlianwala Sugar Mills (KAR:TSML) has a ROIC % of 0.56% 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 Tandlianwala Sugar Mills and its competitors.
Is Tandlianwala Sugar Mills' ROIC % too high?
Tandlianwala Sugar Mills' current ROIC % is 0.56%. The Consumer Packaged Goods industry median ROIC % is 5.13. Tandlianwala Sugar Mills' value of 0.56% is 89.1% below this industry median. Overall, Tandlianwala Sugar Mills has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tandlianwala Sugar Mills' ROIC % compare to MDLZ and HSY?
Tandlianwala Sugar Mills' ROIC % of 0.56% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROIC % is 5.13. Tandlianwala Sugar Mills' value of 0.56% is 89.1% below 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 5.13, based on 1,944 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. Tandlianwala Sugar Mills's current ROIC % of 0.56% is 89.1% below 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 Tandlianwala Sugar Mills and its competitors. For the Consumer Packaged Goods industry, the median ROIC % is 5.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tandlianwala Sugar Mills's current ROIC % is 0.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tandlianwala Sugar Mills stock overvalued right now?
Based on GuruFocus' analysis, Tandlianwala Sugar Mills (KAR:TSML) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨117.36, compared to a current price of ₨637.68 — trading 443.4% above its estimated fair value. The current ROIC % is 0.56% and 89.1% below the Consumer Packaged Goods industry median of 5.13. Tandlianwala Sugar Mills' overall GF Score™ is 64/100 with 9 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 Tandlianwala Sugar Mills (KAR:TSML), the current ROIC % is 0.56% 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 Tandlianwala Sugar Mills (KAR:TSML) Overvalued in 2026?

Based on GuruFocus' analysis, Tandlianwala Sugar Mills stock appears to be overvalued. The current stock price of ₨637.68 is trading 443.4% above its estimated GF Value™ of ₨117.36. GuruFocus considers Tandlianwala Sugar Mills to be Significantly Overvalued.

Key valuation signals for KAR:TSML:

  • ROIC %: 0.56%
  • GF Value™: ₨117.36 vs. price of ₨637.68 (443.4% above fair value)
  • GF Score™: 64/100 with 9 warning signs
  • Industry Position: 89.1% below the Consumer Packaged Goods median

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


Tandlianwala Sugar Mills Business Description

Address 66-L, Gulberg-II, Lahore, PB, PAK, 54000
Tandlianwala Sugar Mills Ltd is engaged in the production and sale of white crystalline sugar, ethanol, and other allied by-products. The company operates three sugar mills, two ethanol distilleries, and a carbon Dioxide plant. Its operating segments include the Sugar segment, which involves the production of white sugar and molasses from sugarcane; the Ethanol segment, which focuses on the production of ethanol from molasses; and the Top Gas and other segments, which involve the production of top gas. The majority of the company's revenue is generated from the Sugar segment.
64GF Score

Get the complete analysis for KAR:TSML

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

₨637.68
Price
₨117.36
GF Value