How It Spends Money · Advanced · Pro filter
RoCE / revenue growth: what it means and how to read it
RoCE divided by sales growth. It weighs how well the company earns against how fast it grows.
What is RoCE / revenue growth?
RoCE divided by sales growth. It weighs how well the company earns against how fast it grows.
A worked example
RoCE of 30% with 10% sales growth gives 3: a rich business with little room to reinvest. RoCE of 15% with 30% growth gives 0.5: growth that is costly to fund.
Why does RoCE / revenue growth matter?
Helps compare a slow, very profitable business with a fast, less profitable one.
How do you read RoCE / revenue growth?
Read it with both RoCE and growth, not alone.
Neither high nor low is good by itself; it depends on the business.
What is a typical RoCE / revenue growth in India today?
The median across the 2894 listed companies that report it, as of 12 Oct 2026. Half sit above each figure and half below.
By company size
Median
Large Cap · 60 companies1.71
Mid Cap · 108 companies1.33
Small Cap · 2726 companies0.77
By industry
Median, largest industries first
Pharmaceuticals · 1470.95
Computers - Software & Consulting · 421.63
Power Generation · 200.76
Auto Components & Equipments · 941.26
Heavy Electrical Equipment · 321.00
Aerospace & Defense · 260.64
Cement & Cement Products · 231.45
Civil Construction · 770.70
Residential Commercial Projects · 630.29
E-Retail/ E-Commerce · 130.18
Compare a company with its own industry before the whole market. Every industry, and each company's rank within it, is in the screener.