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Vishwaraj Sugar Industries (BOM:542852) ROCE % : 19.48% (As of Mar. 2024)


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What is Vishwaraj Sugar 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. Vishwaraj Sugar Industries's annualized ROCE % for the quarter that ended in Mar. 2024 was 19.48%.


Vishwaraj Sugar Industries ROCE % Historical Data

The historical data trend for Vishwaraj Sugar 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.

* Premium members only.

Vishwaraj Sugar Industries ROCE % Chart

Vishwaraj Sugar Industries 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 7.88 14.41 22.10 14.13 13.91

Vishwaraj Sugar Industries 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 9.11 -1.75 -4.91 40.95 19.48

Vishwaraj Sugar Industries ROCE % Calculation

Vishwaraj Sugar Industries'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 )
=527.797/( ( (7261.705 - 3500.378) + (7991.67 - 4162.476) )/ 2 )
=527.797/( (3761.327+3829.194)/ 2 )
=527.797/3795.2605
=13.91 %

Vishwaraj Sugar Industries'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 )
=767.86/( ( (7781.07 - 3728.537) + (7991.67 - 4162.476) )/ 2 )
=767.86/( ( 4052.533 + 3829.194 )/ 2 )
=767.86/3940.8635
=19.48 %

(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.


Vishwaraj Sugar Industries  (BOM:542852) 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.


Vishwaraj Sugar Industries ROCE % Related Terms

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Vishwaraj Sugar Industries (BOM:542852) Business Description

Traded in Other Exchanges
Address
Bellad Bagewadi, Taluka Hukkeri, District Belgaum, Belgaum, KA, IND, 591 305
Vishwaraj Sugar Industries Ltd is an integrated sugar and other allied products manufacturing company. In addition to sugar, the company also manufactures other allied products like Rectified Spirits, Extra-Neutral Spirits, Compost, and others. It operates in five business segments namely Sugar, Co-generation, Distillery, Indian Made Liquor, and Vinegar. The firm generates a majority of its revenue from the sale of sugar.

Vishwaraj Sugar Industries (BOM:542852) Headlines

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