Dharani Sugars & Chemicals (BOM:507442) ROCE % : 0.00% (As of Mar. 2023)

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What is Dharani Sugars & Chemicals 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. Dharani Sugars & Chemicals's annualized ROCE % for the quarter that ended in Mar. 2023 was 0.00%.

Dharani Sugars & Chemicals ROCE % Historical Data

The historical data trend for Dharani Sugars & Chemicals'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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Dharani Sugars & Chemicals ROCE % Chart

Dharani Sugars & Chemicals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-25.00

-128.58

Dharani Sugars & Chemicals Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Dharani Sugars & Chemicals ROCE % Calculation

Dharani Sugars & Chemicals'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 )
	=	-313.476	/	( ( (5358.624 - 6769.814)	+	(5174.794 - 6894.065) )	/ 2 )
	=	-313.476	/	( (-1411.19	+	-1719.271)	/ 2 )
	=	-313.476	/	-1565.2305
	=	20.03 %

Dharani Sugars & Chemicals's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2023 )		(Q: Dec. 2022 )		(Q: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2023 )		(Q: Dec. 2022 )		(Q: Mar. 2023 )
	=	-295.976	/	( ( (0 - 0)	+	(5174.794 - 6894.065) )	/ 1 )
	=	-295.976	/	( ( 0	+	-1719.271 )	/ 1 )
	=	-295.976	/	-1719.271
	=	0 %

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

Dharani Sugars & Chemicals (BOM:507442) 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.

Dharani Sugars & Chemicals ROCE % Related Terms

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Dharani Sugars & Chemicals (BOM:507442) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dharani Sugars & Chemicals Ltd (BOM:507442) » Definitions » ROCE %

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Address

New Number 59 (Old Number 57), Sterling Road, PGP House, Nungambakkam, Chennai, TN, IND, 600034

Website

https://www.dharanisugars.in

Dharani Sugars & Chemicals Ltd is an Indian company. It operates in three business segments namely Sugar Manufacturing, Distillery, and Power. The company generates a majority of its revenue from the sugar segment. Its market coverage includes the Indian market.

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