Bandaram Pharma Packtech (BOM:524602) ROCE % : 19.24% (As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Bandaram Pharma Packtech 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. Bandaram Pharma Packtech's annualized ROCE % for the quarter that ended in Dec. 2023 was 19.24%.

Bandaram Pharma Packtech ROCE % Historical Data

The historical data trend for Bandaram Pharma Packtech'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.

Bandaram Pharma Packtech ROCE % Chart

Bandaram Pharma Packtech Annual Data

Trend

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

-138.35

-153.76

-12.82

10.47

Bandaram Pharma Packtech Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															24.73	11.17	11.20	6.21	19.24

Bandaram Pharma Packtech ROCE % Calculation

Bandaram Pharma Packtech's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	6.709	/	( ( (0 - 0.1)	+	(201.742 - 73.483) )	/ 2 )
	=	6.709	/	( (-0.1	+	128.259)	/ 2 )
	=	6.709	/	64.0795
	=	10.47 %

Bandaram Pharma Packtech's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	36.036	/	( ( (261.371 - 74.051)	+	(0 - 0) )	/ 1 )
	=	36.036	/	( ( 187.32	+	0 )	/ 1 )
	=	36.036	/	187.32
	=	19.24 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Bandaram Pharma Packtech (BOM:524602) 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.

Bandaram Pharma Packtech ROCE % Related Terms

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

Bandaram Pharma Packtech (BOM:524602) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Bandaram Pharma Packtech Ltd (BOM:524602) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Old Airport Road, 601, 5th Floor, Oxford Towers, Opp to Leela Palace Hotel, Kodihalli, Bangalore, KA, IND, 560008

Website

http://www.bandarampharma.com

Bandaram Pharma Packtech Ltd is an India-based company engaged in the manufacturing of paper products and packing materials with more focus on catering to the needs of the pharma, food and beverages industry apart from undertaking logistics business. The company has only one business segment Manufacturing Paper products and packing materials.

Bandaram Pharma Packtech (BOM:524602) Headlines

No Headlines