BCL Industries (BOM:524332) ROCE % : 17.74% (As of Mar. 2024)

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What is BCL Industries 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. BCL Industries's annualized ROCE % for the quarter that ended in Mar. 2024 was 17.74%.

BCL Industries ROCE % Historical Data

The historical data trend for BCL Industries'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.

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BCL Industries ROCE % Chart

BCL Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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17.06

25.85

31.74

17.08

19.29

BCL Industries 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															22.15	18.35	18.70	22.27	17.74

BCL Industries ROCE % Calculation

BCL Industries'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 )
	=	1627.501	/	( ( (10955.231 - 3612.878)	+	(13007.171 - 3477.255) )	/ 2 )
	=	1627.501	/	( (7342.353	+	9529.916)	/ 2 )
	=	1627.501	/	8436.1345
	=	19.29 %

BCL Industries'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 )
	=	1690.5	/	( ( (0 - 0)	+	(13007.171 - 3477.255) )	/ 1 )
	=	1690.5	/	( ( 0	+	9529.916 )	/ 1 )
	=	1690.5	/	9529.916
	=	17.74 %

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

BCL Industries (BOM:524332) 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.

BCL Industries ROCE % Related Terms

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BCL Industries (BOM:524332) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » BCL Industries Ltd (BOM:524332) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

BCLIND:India

Address

Hazi Rattan Link Road, Post Box No. 71, Bathinda, PB, IND, 151001

Website

https://www.bcl.ind.in

BCL Industries Ltd engages in the edible oil business. It operates through the following segments: Oil and Vanaspati, Distillery Unit, and Real Estate. The Oil and Vanaspati segment which act as a Key revenue contributor includes oil, solvent extraction unit, Vanaspati Ghee, and refined vegetable oil and rice. The Distillery Unit segment owns oil mills, solvent extraction plants, rice sheller, chemical refinery, physical refinery, and vanaspati plant. The Real Estate segment constructs townships, group housings, malls, multiplexes, and hotels.

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