Fine-Line Circuits

Fine-Line Circuits ROCE

The Return on Capital Employed (ROCE) of Fine-Line Circuits (517264.BO) as of Oct 15, 2026 is 5.42 %. In the previous year, Return on Capital Employed (ROCE) was 4.83 % — a change of 12.20% (higher).

ROCE

5.42 %

YoY

12.20%

Last updated:

In 2024, Fine-Line Circuits's return on capital employed (ROCE) was 5.42 %, a 12.20% increase from the 4.83 % ROCE in the previous year.

The Fine-Line Circuits ROCE history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROCE
Date
ROCE
Jan 1, 2017
7.86 INR
Jan 1, 2018
7.90 INR
Jan 1, 2019
9.10 INR
Jan 1, 2020
5.04 INR
Jan 1, 2021
5.34 INR
Jan 1, 2022
15.12 INR
Jan 1, 2023
4.83 INR
Jan 1, 2024
5.42 INR
The Fine-Line Circuits ROCE history
YEARROCEYoY
5.42 %+12.20%
4.83 %-68.04%
15.12 %+183.21%
5.34 %+5.87%
5.04 %-44.55%
9.10 %+15.20%
7.90 %+0.50%
7.86 %+247.07%
2.26 %-166.15%
-3.42 %-162.15%
5.51 %—

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Fine-Line Circuits Stock analysis

What does Fine-Line Circuits do? Fine-Line Circuits Ltd, identified by the ticker symbol 517264.BO and ISIN INE087E01011, is an Indian enterprise operating within the Information Technology sector, specifically categorized under the Electrical Equipment industry. The company is headquartered in Mumbai, Maharashtra, and has been a public entity since its initial public offering on September 24, 1991. Its primary business activity revolves around the manufacturing of printed circuit boards, serving a diverse range of industrial and technological applications. The corporate structure is divided into two main operational segments: the domestic production and sale of printed circuit boards, and the export of these products to international markets. This dual focus allows the company to leverage both local manufacturing capabilities and global demand for electronic components. The product portfolio of Fine-Line Circuits Ltd is extensive, catering to various technical specifications and customer requirements. The company manufactures single-sided printed circuit boards, which are produced in large volumes and feature blanked and pierced designs. Additionally, the firm produces double-sided boards, including specialized variants with edge plating and high copper content. A significant portion of their output consists of multi-layer boards (MLBs), which are engineered for complex electronic assemblies. These include impedance-controlled MLBs, backplanes equipped with press-fit connectors, and MLBs featuring blind and buried vias for advanced connectivity. The company also addresses specific thermal and structural needs by producing MLBs with thick copper inner or outer layers and MLBs integrated with metallic heat sinks. Furthermore, they offer specialized solutions such as oversized boards stabilized with additional materials and copper thickness variations. Innovation and continuous improvement are central to the company’s operations, driven by dedicated research and development initiatives. The R&D department focuses on developing new processing techniques and materials to enhance product performance and reliability. Current projects include the production of printed circuit boards with gold deposition on various metal bases, a process that improves conductivity and corrosion resistance. Another key area of development is the creation of air gap rigid-flex printed circuit boards, which combine the stability of rigid boards with the flexibility of flex circuits. These innovations are supported by manufacturing facilities located in the Santacruz Electronics Export Processing Zone (SEEPZ) in Mumbai. This strategic location facilitates efficient production and export operations, ensuring that the company can meet the rigorous standards of the global electronics supply chain. Through its combination of diverse product offerings, ongoing R&D efforts, and strategic manufacturing presence, Fine-Line Circuits Ltd maintains its position as a key player in the electrical equipment and information technology sectors in India. Fine-Line Circuits is one of the most popular companies on Eulerpool.

ROCE Details

Unraveling Fine-Line Circuits's Return on Capital Employed (ROCE)

Fine-Line Circuits's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Fine-Line Circuits's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Fine-Line Circuits's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Fine-Line Circuits’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Fine-Line Circuits stock

Return on Capital Employed (ROCE) of Fine-Line Circuits is 5.42 % in 2024.

Return on Capital Employed (ROCE) of Fine-Line Circuits changed from 4.83 % to 5.42 %, representing a 12.20% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Capital Employed (ROCE) Fine-Line Circuits since 2006 – with annual values, charts, and detailed analysis.

ROCE is a profitability measure and stands for Return on Capital Employed or the return on invested capital. The measure shows the ratio of operating profit to the interest-bearing capital employed. The higher the return on capital employed, the more profitable a company operates and the higher the important free cash flow. The free cash flow refers to the portion of profits that is not needed for expanding the company at the end of a period, but is available to shareholders.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Capital Employed (ROCE)'s Fine-Line Circuits with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Capital Employed (ROCE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Capital Employed (ROCE).

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Profitability — Fine-Line Circuits

All Key Metrics — Fine-Line Circuits