Raghav Productivity Enhancers (BOM:539837) ROCE % : 25.14% (As of Mar. 2024)

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What is Raghav Productivity Enhancers 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. Raghav Productivity Enhancers's annualized ROCE % for the quarter that ended in Mar. 2024 was 25.14%.

Raghav Productivity Enhancers ROCE % Historical Data

The historical data trend for Raghav Productivity Enhancers'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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Raghav Productivity Enhancers ROCE % Chart

Raghav Productivity Enhancers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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33.27

22.23

26.65

26.39

22.67

Raghav Productivity Enhancers 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															26.89	26.29	23.47	21.69	25.14

Raghav Productivity Enhancers ROCE % Calculation

Raghav Productivity Enhancers'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 )
	=	354.625	/	( ( (1608.793 - 161.259)	+	(1860.747 - 179.931) )	/ 2 )
	=	354.625	/	( (1447.534	+	1680.816)	/ 2 )
	=	354.625	/	1564.175
	=	22.67 %

Raghav Productivity Enhancers'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 )
	=	422.548	/	( ( (0 - 0)	+	(1860.747 - 179.931) )	/ 1 )
	=	422.548	/	( ( 0	+	1680.816 )	/ 1 )
	=	422.548	/	1680.816
	=	25.14 %

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

Raghav Productivity Enhancers (BOM:539837) 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.

Raghav Productivity Enhancers ROCE % Related Terms

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Raghav Productivity Enhancers (BOM:539837) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Raghav Productivity Enhancers Ltd (BOM:539837) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Alankar Plaza A-10, Central Spine, Office No. 36, 4th Floor, Vidhyadhar Nagar, Jaipur, RJ, IND, 302023

Website

https://www.rammingmass.com

Raghav Productivity Enhancers Ltd is engaged in the business of manufacturing trading of Ramming Mass and other Quartz related items. Its operating segment is Ramming Mass. Some of its products include Acidic Premix Ramming Mass; White Ramming Mass; Premixed Ramming Mass; Silica Ramming Mixes; White Premix Ramming Mass; Magnesite Ramming Mass; Casting Powder; Tundish Board and others. The company sells its products in India and also exports them to other countries.

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