Siddhi Cotspin (NSE:SIDDHICOTS) ROIC %: 10.91% (As of Mar. 2025)

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NSE:SIDDHICOTS Siddhi Cotspin Ltd NSE:SIDDHICOTS
20 GF Score
Price ₹28.00
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What is Siddhi Cotspin ROIC %?

Siddhi Cotspin NSE:SIDDHICOTS 20 ROIC % is 10.91% as of Mar. 2025. GuruFocus rates NSE:SIDDHICOTS with a GF Score™ of 20/100.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Siddhi Cotspin's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2025 was 10.91%.

As of today (2026-08-18), Siddhi Cotspin's WACC % is 8.89%. Siddhi Cotspin's ROIC % is 10.91% (calculated using TTM income statement data). Siddhi Cotspin generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


Siddhi Cotspin  (NSE:SIDDHICOTS) 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, Siddhi Cotspin's WACC % is 8.89%. Siddhi Cotspin's ROIC % is 10.91% (calculated using TTM income statement data). Siddhi Cotspin generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


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.


Siddhi Cotspin ROIC % Related Terms


Siddhi Cotspin ROIC % Historical Data

* Premium members only.

The historical data trend for Siddhi Cotspin'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.

Siddhi Cotspin ROIC % Chart

Siddhi Cotspin Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
ROIC %
4.80 6.53 6.39 10.99 10.91

Siddhi Cotspin Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
ROIC % 4.80 6.53 6.39 10.99 10.91

Siddhi Cotspin ROIC % Competitor Comparison

For the Textile Manufacturing subindustry, Siddhi Cotspin'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.


Siddhi Cotspin ROIC % vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Siddhi Cotspin's ROIC % falls into.


NSE:SIDDHICOTS
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Siddhi Cotspin Ltd NSE:SIDDHICOTS
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Siddhi Cotspin ROIC % Calculation

Siddhi Cotspin's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2025 is calculated as:

ROIC % (A: Mar. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2024 ) + Invested Capital (A: Mar. 2025 ))/ count )
=235.092 * ( 1 - 25.75% )/( (1652.486 + 1548.625)/ 2 )
=174.55581/1600.5555
=10.91 %

where

Invested Capital(A: Mar. 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))
=1812.538 - 147.618 - ( 12.434 - max(0, 714.231 - 1129.743+12.434))
=1652.486

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))
=1828.304 - 272.981 - ( 6.698 - max(0, 767.708 - 1242.955+6.698))
=1548.625

Siddhi Cotspin's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2025 is calculated as:

ROIC % (Q: Mar. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Mar. 2025 ))/ count )
=235.092 * ( 1 - 25.75% )/( (1652.486 + 1548.625)/ 2 )
=174.55581/1600.5555
=10.91 %

where

Invested Capital(Q: Mar. 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))
=1812.538 - 147.618 - ( 12.434 - max(0, 714.231 - 1129.743+12.434))
=1652.486

Invested Capital(Q: 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))
=1828.304 - 272.981 - ( 6.698 - max(0, 767.708 - 1242.955+6.698))
=1548.625

Note: The Operating Income data used here is one times the annual (Mar. 2025) 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 10.91% mean?
Siddhi Cotspin (NSE:SIDDHICOTS) has a ROIC % of 10.91% as of Mar. 2025. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Siddhi Cotspin and its competitors.
Is Siddhi Cotspin's ROIC % too high?
Siddhi Cotspin's current ROIC % is 10.91%. The Manufacturing - Apparel & Accessories industry median ROIC % is 3.12. Siddhi Cotspin's value of 10.91% is 250.2% above this industry median. Overall, Siddhi Cotspin has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Siddhi Cotspin's ROIC % compare to competitors?
Siddhi Cotspin's ROIC % of 10.91% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROIC % is 3.12. Siddhi Cotspin's value of 10.91% is 250.2% 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 Manufacturing - Apparel & Accessories company?
The median ROIC % among Manufacturing - Apparel & Accessories companies is 3.12, based on 1,044 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. Siddhi Cotspin's current ROIC % of 10.91% is 250.2% 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 Siddhi Cotspin and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROIC % is 3.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siddhi Cotspin's current ROIC % is 10.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siddhi Cotspin stock overvalued right now?
Siddhi Cotspin (NSE:SIDDHICOTS) has a current ROIC % of 10.91%. The current ROIC % is 10.91% and 250.2% above the Manufacturing - Apparel & Accessories industry median of 3.12. Siddhi Cotspin's overall GF Score™ is 20/100. 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 Siddhi Cotspin (NSE:SIDDHICOTS), the current ROIC % is 10.91% as of Mar. 2025. 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.

Siddhi Cotspin Business Description

Address Near Gokulesh Petrol Pump, 322, 3rd Floor, Swaminarayan Plaza - 1, Narol, Ahmedabad, GJ, IND, 382405
Siddhi Cotspin Ltd is engaged in manufacturing and selling of Cotton Yarns. Its manufacturing process adheres to stringent quality standards and is backed by developed technology and machinery. The company manufactures various value added cotton yarns like Compact Carded Hosiery, Compact Combed Hosiery, Compact Carded Weaving, Compact Comb Weaving, Carded Weaving, Combed Weaving, Carded Hosiery, Combed Hosiery, Eli KW, Eli CW, Slub Yarn, Siro Slub Yarn, CSY-Lycra-Core Spin Yarn (Spandex), TFO Yarn - Double etc.
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