Bangalore Fort Farms (BOM:539120) ROCE % : 13.36% (As of Mar. 2024)

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What is Bangalore Fort Farms 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. Bangalore Fort Farms's annualized ROCE % for the quarter that ended in Mar. 2024 was 13.36%.

Bangalore Fort Farms ROCE % Historical Data

The historical data trend for Bangalore Fort Farms'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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Bangalore Fort Farms ROCE % Chart

Bangalore Fort Farms Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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13.33

8.66

8.19

6.55

12.17

Bangalore Fort Farms 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															6.86	2.56	22.08	3.39	13.36

Bangalore Fort Farms ROCE % Calculation

Bangalore Fort Farms'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 )
	=	10.165	/	( ( (136.252 - 55.035)	+	(167.538 - 81.744) )	/ 2 )
	=	10.165	/	( (81.217	+	85.794)	/ 2 )
	=	10.165	/	83.5055
	=	12.17 %

Bangalore Fort Farms'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 )
	=	11.464	/	( ( (0 - 0)	+	(167.538 - 81.744) )	/ 1 )
	=	11.464	/	( ( 0	+	85.794 )	/ 1 )
	=	11.464	/	85.794
	=	13.36 %

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

Bangalore Fort Farms (BOM:539120) 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.

Bangalore Fort Farms ROCE % Related Terms

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Bangalore Fort Farms (BOM:539120) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Bangalore Fort Farms Ltd (BOM:539120) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

16A, Brabourne Road, 6th Floor, Kolkata, WB, IND, 700001

Website

https://www.bangalorefortfarms.com

Bangalore Fort Farms Ltd engages in manufacturing and exporting jute products such as jute yarn, jute ropes, among others. The company engages in buying and selling agro products such as fruits, vegetables, and stores them in cold storage facilities for selling the same in the off season in different markets of West Bengal such as Sealdah, Asansol, Bardhaman etc. Its jute products portfolio includes Hand Spun Jute Yarn and Braid Yarn.

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