Sir Shadi Lal Enterprises (BOM:532879) ROCE % : 10.69% (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Sir Shadi Lal Enterprises 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. Sir Shadi Lal Enterprises's annualized ROCE % for the quarter that ended in Mar. 2024 was 10.69%.

Sir Shadi Lal Enterprises ROCE % Historical Data

The historical data trend for Sir Shadi Lal Enterprises'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.

Sir Shadi Lal Enterprises ROCE % Chart

Sir Shadi Lal Enterprises Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

-0.81

-1.32

-5.71

-0.95

Sir Shadi Lal Enterprises Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-4.02	5.59	-12.42	-10.91	10.69

Sir Shadi Lal Enterprises ROCE % Calculation

Sir Shadi Lal Enterprises'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 )
	=	-48.472	/	( ( (7309.613 - 3967.912)	+	(10745.456 - 3866.469) )	/ 2 )
	=	-48.472	/	( (3341.701	+	6878.987)	/ 2 )
	=	-48.472	/	5110.344
	=	-0.95 %

Sir Shadi Lal Enterprises'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 )
	=	735.108	/	( ( (0 - 0)	+	(10745.456 - 3866.469) )	/ 1 )
	=	735.108	/	( ( 0	+	6878.987 )	/ 1 )
	=	735.108	/	6878.987
	=	10.69 %

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

Sir Shadi Lal Enterprises (BOM:532879) 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.

Sir Shadi Lal Enterprises ROCE % Related Terms

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

Sir Shadi Lal Enterprises (BOM:532879) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sir Shadi Lal Enterprises Ltd (BOM:532879) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Upper Doab Sugar Mill, Shamli, Muzaffarnagar, UP, IND, 247776

Website

https://www.sirshadilal.com

Sir Shadi Lal Enterprises Ltd is engaged in diversified businesses mainly categorized into two segments Sugar business and Distillery business. Sugar businesses primarily comprise the manufacture of sugar. Distillery business primarily comprises the manufacture of Spirit, Alcohol and Ethanol. The company derives the majority of its revenue from the sale of Sugar.

Sir Shadi Lal Enterprises (BOM:532879) Headlines

No Headlines