Miniratna stocks with high ROE and ROCE to keep on your radarMiniratna stocks with high ROE and ROCE to keep on your radar

Introduction:

Miniratna stocks are public sector undertakings recognised for their consistent performance and positive financial indicators, including high ROE and ROCE. These companies are generally given more autonomy to operate independently.

Below are some Miniratna stocks with high ROE and ROCE, which demonstrate strong fundamentals and are worth keeping on your radar for potential long-term investment opportunities.

Also Read: Green energy stocks to benefit from FM’s plan for clean tech manufacturing in budget 2025

Indian Railway Catering & Tourism Corporation Ltd

On February 1, 2025, Indian Railway Catering & Tourism Corporation Ltd (BSE: IRCTC) opened at ₹838.35, hit a high of ₹838.35, and a low of ₹787.55. The stock closed at ₹793.90, down 3.42%, with a market cap of ₹63,512.00 Cr.

Indian Railway Catering & Tourism Corporation Ltd boasts an impressive ROE of 40.4% and a high ROCE of 53.8%, indicating strong capital efficiency. The company maintains low financial leverage with a minimal debt-to-equity ratio of 0.01. 

Indian Railway Catering & Tourism Corporation Ltd (IRCTC) is a public sector enterprise that offers catering, tourism, and online ticketing services. It operates under the Ministry of Railways and serves millions of passengers daily. 

Bharat Dynamics Ltd

On February 1, 2025, Bharat Dynamics Ltd (BSE: BDL) opened at ₹1,310.95, reached a high of ₹1,344.15, and a low of ₹1,197.30. The stock closed at ₹1,256.50, down 3.77%, with a market cap of ₹46,058.58 Cr.

Bharat Dynamics Ltd demonstrates a solid ROE of 17.9% and a healthy ROCE of 24.2%, reflecting effective capital utilisation. The company maintains a debt-free structure with a debt-to-equity ratio of 0.00, emphasising its strong financial position.

Bharat Dynamics Ltd (BDL) is a leading manufacturer of defence equipment in India, focusing on missile systems and other aerospace products. It supplies advanced technology to the Indian Armed Forces. 

Also Read: Fertilizer and agriculture stocks to benefit after FM announces to boost the sector in union budget 2025

Cochin Shipyard Ltd

On February 1, 2025, Cochin Shipyard Ltd (BSE: COCHINSHIP) opened at ₹1,553.90, hit a high of ₹1,561.65, and a low of ₹1,454.35. The stock closed at ₹1,466.05, down 4.33%, with a market cap of ₹38,568.96 Cr.

Cochin Shipyard Ltd shows a solid ROE of 17.2% and ROCE of 21.6%, reflecting effective capital use. With a debt-to-equity ratio of 0.09, the company maintains a balanced approach to leveraging debt while ensuring financial stability.

Cochin Shipyard Ltd (CSL) is one of India’s largest shipbuilding and repair yards. The company designs, manufactures, and repairs vessels for commercial and defence sectors. CSL contributes significantly to India’s maritime industry with its cutting-edge technology. 

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.