Walchandnagar Industries (BOM:507410) ROCE % : -5.93% (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Walchandnagar 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. Walchandnagar Industries's annualized ROCE % for the quarter that ended in Dec. 2023 was -5.93%.

Walchandnagar Industries ROCE % Historical Data

The historical data trend for Walchandnagar 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.

Walchandnagar Industries ROCE % Chart

Walchandnagar Industries Annual Data

Trend

Sep14

Sep15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

12.55

3.81

0.78

4.08

13.96

Walchandnagar 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															7.09	57.71	0.88	5.07	-5.93

Walchandnagar Industries ROCE % Calculation

Walchandnagar 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 )
	=	609.1	/	( ( (9335.5 - 4515.8)	+	(8281.3 - 4374.7) )	/ 2 )
	=	609.1	/	( (4819.7	+	3906.6)	/ 2 )
	=	609.1	/	4363.15
	=	13.96 %

Walchandnagar 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 )
	=	-216.8	/	( ( (8180.7 - 4522)	+	(0 - 0) )	/ 1 )
	=	-216.8	/	( ( 3658.7	+	0 )	/ 1 )
	=	-216.8	/	3658.7
	=	-5.93 %

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

Walchandnagar Industries (BOM:507410) 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.

Walchandnagar Industries ROCE % Related Terms

Thank you for viewing the detailed overview of Walchandnagar Industries's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Walchandnagar Industries (BOM:507410) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Walchandnagar Industries Ltd (BOM:507410) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

WALCHANNAG:India

Address

S. No.12/3-B, G. A. Kulkarni Path, Building No. 1, 9th Floor, Siddharth Towers, Kothrud, Pune, MH, IND, 411 038

Website

https://www.walchand.com

Walchandnagar Industries Ltd is an India-based company, that engages in manufacturing engineering products. It provides its services in the fields of Nuclear Power, Aerospace, Missile, Defence, Oil and Gas, Steam generation plants, Independent power projects, Turnkey Cement plants, Mineral Processing, Bulk Material handling, and Turnkey Sugar plants. It operates through the following segments: Heavy Engineering, Foundry and Machine Shop, and Others. The firm generates maximum revenue from the Heavy Engineering segment.

Walchandnagar Industries (BOM:507410) Headlines

No Headlines