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Paushak (BOM:532742) ROCE % : 19.78% (As of Mar. 2024)


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What is Paushak 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. Paushak's annualized ROCE % for the quarter that ended in Mar. 2024 was 19.78%.


Paushak ROCE % Historical Data

The historical data trend for Paushak'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.

Paushak ROCE % Chart

Paushak Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.04 18.59 15.69 19.82 16.78

Paushak 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.12 12.74 17.28 17.88 19.78

Paushak ROCE % Calculation

Paushak'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 )
=711.4/( ( (4147.428 - 223.163) + (4813.5 - 259.7) )/ 2 )
=711.4/( (3924.265+4553.8)/ 2 )
=711.4/4239.0325
=16.78 %

Paushak'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 )
=900.8/( ( (0 - 0) + (4813.5 - 259.7) )/ 1 )
=900.8/( ( 0 + 4553.8 )/ 1 )
=900.8/4553.8
=19.78 %

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

* 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.


Paushak  (BOM:532742) 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.


Paushak ROCE % Related Terms

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Paushak (BOM:532742) Business Description

Traded in Other Exchanges
N/A
Address
Alembic Road, Vadodara, GJ, IND, 390 003
Paushak Ltd manufactures and develops phosgene-based speciality chemicals and intermediates. The company operates in only one segment, Speciality chemicals. The products are sold in India as well as abroad. It produces Isocyanates such as 2-Phenyl Ethyl isocyanate, Cyclohexyl isocyanate; Chloroformates which include Benzyl chloroformate, 2- Ethylhexyl chloroformate, Isobutyl chloroformate and Carboamoyl Chlorides such as Diethylcarbamoyl Chloride, and N-Ethyl-N-Methylcarbamoyl Chloride and Others. Geographically, the group has a business presence in India and outside India, from which a majority of the revenue is derived within India.

Paushak (BOM:532742) Headlines

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