A I Champdany Industries (BOM:532806) ROCE % : 14.58% (As of Dec. 2023)

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What is A I Champdany 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. A I Champdany Industries's annualized ROCE % for the quarter that ended in Dec. 2023 was 14.58%.

A I Champdany Industries ROCE % Historical Data

The historical data trend for A I Champdany 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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A I Champdany Industries ROCE % Chart

A I Champdany Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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5.91

2.97

-5.64

-0.61

7.74

A I Champdany Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															0.93	35.56	-2.10	-0.84	14.58

A I Champdany Industries ROCE % Calculation

A I Champdany Industries'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 )
	=	173.716	/	( ( (3153.185 - 859.826)	+	(2774.528 - 581.384) )	/ 2 )
	=	173.716	/	( (2293.359	+	2193.144)	/ 2 )
	=	173.716	/	2243.2515
	=	7.74 %

A I Champdany Industries'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 )
	=	302.292	/	( ( (2644.15 - 570.144)	+	(0 - 0) )	/ 1 )
	=	302.292	/	( ( 2074.006	+	0 )	/ 1 )
	=	302.292	/	2074.006
	=	14.58 %

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

A I Champdany Industries (BOM:532806) 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.

A I Champdany Industries ROCE % Related Terms

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A I Champdany Industries (BOM:532806) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » A I Champdany Industries Ltd (BOM:532806) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

25 Princep Street, Kolkata, WB, IND, 700072

Website

https://www.jute-world.com

A I Champdany Industries Ltd is an Indian Jute manufacturing company. The firm manufactures jute products, such as jute yarn, blended yarn made of jute blended with other fibers, such as cotton, ramie, viscose, poly propylene, flax and wool among others. It also manufactures special food-grade jute bags, jute blended carpets and fabrics for soft luggage/shoe uppers/wearing apparel for export markets. It operates in two business segments, which includes Jute/Jute diversified Products and Services and Flax Products. Substantial revenue accrues from the Jute and Jute diversified product sales. It exports products overseas and generates maximum revenue from domestic sales.

A I Champdany Industries (BOM:532806) Headlines

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