Shree Pushkar Chemicals & Fertilisers (BOM:539334) ROCE % : 9.60% (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Shree Pushkar Chemicals & Fertilisers 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. Shree Pushkar Chemicals & Fertilisers's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.60%.

Shree Pushkar Chemicals & Fertilisers ROCE % Historical Data

The historical data trend for Shree Pushkar Chemicals & Fertilisers'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.

Shree Pushkar Chemicals & Fertilisers ROCE % Chart

Shree Pushkar Chemicals & Fertilisers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

20.79

12.95

10.51

17.90

12.54

Shree Pushkar Chemicals & Fertilisers 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															9.26	14.01	8.84	9.25	9.60

Shree Pushkar Chemicals & Fertilisers ROCE % Calculation

Shree Pushkar Chemicals & Fertilisers'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 )
	=	569.741	/	( ( (6241.253 - 1908.276)	+	(6569.714 - 1815.087) )	/ 2 )
	=	569.741	/	( (4332.977	+	4754.627)	/ 2 )
	=	569.741	/	4543.802
	=	12.54 %

Shree Pushkar Chemicals & Fertilisers'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 )
	=	472.488	/	( ( (7127.557 - 2206.761)	+	(0 - 0) )	/ 1 )
	=	472.488	/	( ( 4920.796	+	0 )	/ 1 )
	=	472.488	/	4920.796
	=	9.60 %

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

Shree Pushkar Chemicals & Fertilisers (BOM:539334) 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.

Shree Pushkar Chemicals & Fertilisers ROCE % Related Terms

Thank you for viewing the detailed overview of Shree Pushkar Chemicals & Fertilisers's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Shree Pushkar Chemicals & Fertilisers (BOM:539334) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shree Pushkar Chemicals & Fertilisers Ltd (BOM:539334) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SHREEPUSHK:India

Address

Sonawala Road, Office No. 301-302, 3rd Floor, Atlanta Center, Near Udyog Bhavan, Goregaon (East), Mumbai, MH, IND, 400063

Website

https://www.shreepushkar.com

Shree Pushkar Chemicals & Fertilisers Ltd is an India-based company that operates in the chemical business. It is involved in the manufacturing and trading of chemicals, dyes, and dyes intermediate, cattle feeds, fertilizers, and soil conditioners. It supplies its products to dye producers and merchant traders directly, as well as through dealers. It caters to the widest range of customers from the smallest of farmers to multinationals.

Shree Pushkar Chemicals & Fertilisers (BOM:539334) Headlines

No Headlines