Electrovaya (ELVA) Return on Capital Employed [ROCE] (2023 - 2026)
Electrovaya's Return on Capital Employed [ROCE] came in at 6.57% for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 0.03 percentage points from 6.60% a year earlier and down 1.80 percentage points from the prior quarter.
Powered by 
Analysis
Electrovaya (ELVA) Return on Capital Employed [ROCE] (2023 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Electrovaya's Return on Capital Employed [ROCE] was 13.31%, up 5.61 percentage points from FY2024.
- Going back by fiscal year, Return on Capital Employed [ROCE] was 7.70% in FY2024 (-36.20 pp) and 43.90% in FY2023.
- The fiscal Q3 2026 figure represents the lowest quarterly Return on Capital Employed [ROCE] since fiscal Q2 2025.
- Business Quant data shows ELVA's Return on Capital Employed [ROCE] at 8.37% (Q2 2026), 9.92% (Q1 2026) and 11.35% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 13.43% |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 12.05% |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 16.24% |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | 23.66% |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 12.27% |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 10.55% |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 10.44% |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 16.98% |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 2.00% |
| 10 | Electrovaya | 185.70 Mn | 123.20 Mn | 6.19 Mn | 6.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.17% |
| Mar 31, 2026 | 7.33% |
| Dec 31, 2025 | 6.34% |
| Jun 30, 2025 | 10.38% |
| Mar 31, 2025 | 7.75% |
| Dec 31, 2024 | 10.87% |
| Sep 30, 2023 | -41.21% |
API Access
Electrovaya Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=ELVA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "ELVA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=ELVA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();