Bella Casa Fashion & Retail (NSE:BELLACASA) ROIC %: 8.81% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:BELLACASA Bella Casa Fashion & Retail Ltd NSE:BELLACASA
71 GF Score
Price ₹255.25
GF Value ₹486.59
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Bella Casa Fashion & Retail ROIC %?

Bella Casa Fashion & Retail NSE:BELLACASA -0.27% 71 ROIC % is 8.81% as of Mar. 2026. GuruFocus rates NSE:BELLACASA with a GF Score™ of 71/100 and a GF Value™ of ₹486.59 (Possible Value Trap). The stock has 4 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 %. Bella Casa Fashion & Retail's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 8.81%.

As of today (2026-07-13), Bella Casa Fashion & Retail's WACC % is 15.68%. Bella Casa Fashion & Retail's ROIC % is 10.73% (calculated using TTM income statement data). Bella Casa Fashion & Retail earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Bella Casa Fashion & Retail  (NSE:BELLACASA) 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, Bella Casa Fashion & Retail's WACC % is 15.68%. Bella Casa Fashion & Retail's ROIC % is 10.73% (calculated using TTM income statement data). Bella Casa Fashion & Retail 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.


Bella Casa Fashion & Retail ROIC % Related Terms


Bella Casa Fashion & Retail ROIC % Historical Data

* Premium members only.

The historical data trend for Bella Casa Fashion & Retail'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.

Bella Casa Fashion & Retail ROIC % Chart

Bella Casa Fashion & Retail 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 11.79 8.79 10.33 12.01 10.64

Bella Casa Fashion & Retail 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 9.53 10.40 14.00 10.06 8.81

Bella Casa Fashion & Retail ROIC % Competitor Comparison

For the Textile Manufacturing subindustry, Bella Casa Fashion & Retail'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.


Bella Casa Fashion & Retail ROIC % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bella Casa Fashion & Retail's ROIC % distribution charts can be found below:

* The bar in red indicates where Bella Casa Fashion & Retail's ROIC % falls into.


NSE:BELLACASA
71GF Score
Bella Casa Fashion & Retail Ltd NSE:BELLACASA
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bella Casa Fashion & Retail ROIC % Calculation

Bella Casa Fashion & Retail'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 )
=291.738 * ( 1 - 25.83% )/( (1855.477 + 2210.034)/ 2 )
=216.3820746/2032.7555
=10.64 %

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))
=2129.954 - 265.679 - ( 8.798 - max(0, 502.87 - 1684.257+8.798))
=1855.477

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))
=3015.015 - 482.194 - ( 322.787 - max(0, 1059.571 - 2024.269+322.787))
=2210.034

Bella Casa Fashion & Retail'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 )
=262.496 * ( 1 - 25.79% )/( (0 + 2210.034)/ 1 )
=194.7982816/2210.034
=8.81 %

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))
=3015.015 - 482.194 - ( 322.787 - max(0, 1059.571 - 2024.269+322.787))
=2210.034

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 8.81% mean?
Bella Casa Fashion & Retail (NSE:BELLACASA) has a ROIC % of 8.81% 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 Bella Casa Fashion & Retail and its competitors.
Is Bella Casa Fashion & Retail's ROIC % too high?
Bella Casa Fashion & Retail's current ROIC % is 8.81%. The Manufacturing - Apparel & Accessories industry median ROIC % is 2.91. Bella Casa Fashion & Retail's value of 8.81% is 202.7% above this industry median. Overall, Bella Casa Fashion & Retail has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bella Casa Fashion & Retail's ROIC % compare to competitors?
Bella Casa Fashion & Retail's ROIC % of 8.81% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROIC % is 2.91. Bella Casa Fashion & Retail's value of 8.81% is 202.7% 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 ROIC % for a Manufacturing - Apparel & Accessories company?
The median ROIC % among Manufacturing - Apparel & Accessories companies is 2.91, based on 1,043 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. Bella Casa Fashion & Retail's current ROIC % of 8.81% is 202.7% 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 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 Bella Casa Fashion & Retail and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROIC % is 2.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bella Casa Fashion & Retail's current ROIC % is 8.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bella Casa Fashion & Retail stock overvalued right now?
Based on GuruFocus' analysis, Bella Casa Fashion & Retail (NSE:BELLACASA) is currently considered Possible Value Trap. The stock's GF Value™ is ₹486.59, compared to a current price of ₹255.25 — trading 47.5% below its estimated fair value. The current ROIC % is 8.81% and 202.7% above the Manufacturing - Apparel & Accessories industry median of 2.91. Bella Casa Fashion & Retail's overall GF Score™ is 71/100 with 4 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 Bella Casa Fashion & Retail (NSE:BELLACASA), the current ROIC % is 8.81% 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 Bella Casa Fashion & Retail (NSE:BELLACASA) Overvalued in 2026?

Based on GuruFocus' analysis, Bella Casa Fashion & Retail stock appears to be undervalued. The current stock price of ₹255.25 is trading 47.5% below its estimated GF Value™ of ₹486.59. GuruFocus considers Bella Casa Fashion & Retail to be Possible Value Trap.

Key valuation signals for NSE:BELLACASA:

  • ROIC %: 8.81%
  • GF Value™: ₹486.59 vs. price of ₹255.25 (47.5% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 202.7% above the Manufacturing - Apparel & Accessories median

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


Bella Casa Fashion & Retail Business Description

Other Exchanges 539399:India
Address Tonk Road, E-102, 103, EPIP, Sitapura Industrial Area, Jaipur, RJ, IND, 302022
Bella Casa Fashion & Retail Ltd is engaged in the manufacturing of garments and other textile items. The company manufactures bed sheets, quilts, home furnishing textile items, printed/dyed furnishing fabrics, and garments. The company sells its products through multiple channels including wholesale, retail, and online.
71GF Score

Get the complete analysis for NSE:BELLACASA

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

₹255.25
Price
₹486.59
GF Value