Indian Sucrose (BOM:500319) ROCE % : 75.88% (As of Mar. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Indian Sucrose ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Indian Sucrose's annualized ROCE % for the quarter that ended in Mar. 2024 was 75.88%.

Indian Sucrose ROCE % Historical Data

The historical data trend for Indian Sucrose's ROCE % 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.

* Premium members only.

Indian Sucrose ROCE % Chart

Indian Sucrose Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

28.30

26.68

28.10

29.70

28.34

Indian Sucrose Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															57.48	17.58	2.36	15.85	75.88

Indian Sucrose ROCE % Calculation

Indian Sucrose's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	711.8	/	( ( (5809.643 - 3434.528)	+	(5896.3 - 3248.4) )	/ 2 )
	=	711.8	/	( (2375.115	+	2647.9)	/ 2 )
	=	711.8	/	2511.5075
	=	28.34 %

Indian Sucrose's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	2009.2	/	( ( (0 - 0)	+	(5896.3 - 3248.4) )	/ 1 )
	=	2009.2	/	( ( 0	+	2647.9 )	/ 1 )
	=	2009.2	/	2647.9
	=	75.88 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Indian Sucrose (BOM:500319) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Indian Sucrose ROCE % Related Terms

Thank you for viewing the detailed overview of Indian Sucrose's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Indian Sucrose (BOM:500319) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Indian Sucrose Ltd (BOM:500319) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

G.T. Road, Mukerian, Hoshiarpur, PB, IND, 144211

Website

https://www.muksug.in

Indian Sucrose Ltd is engaged in the manufacturing of sugar and allied products. The core business segments of the company comprise of the Sugar and Cogeneration of Power. Its products portfolio consists of sugar, molasses, and Bagasse. The sugar segment revenues constituted the major share of the company's revenues.

Indian Sucrose (BOM:500319) Headlines

No Headlines