Dutron Polymers (BOM:517437) ROCE % : 10.32% (As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

What is Dutron Polymers 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. Dutron Polymers's annualized ROCE % for the quarter that ended in Dec. 2023 was 10.32%.

Dutron Polymers ROCE % Historical Data

The historical data trend for Dutron Polymers'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.

Dutron Polymers ROCE % Chart

Dutron Polymers Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

11.95

11.94

12.43

12.67

13.06

Dutron Polymers 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															8.24	12.40	23.23	8.45	10.32

Dutron Polymers ROCE % Calculation

Dutron Polymers'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 )
	=	47.862	/	( ( (423.591 - 48.212)	+	(396.975 - 39.475) )	/ 2 )
	=	47.862	/	( (375.379	+	357.5)	/ 2 )
	=	47.862	/	366.4395
	=	13.06 %

Dutron Polymers'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 )
	=	37.452	/	( ( (432.115 - 69.378)	+	(0 - 0) )	/ 1 )
	=	37.452	/	( ( 362.737	+	0 )	/ 1 )
	=	37.452	/	362.737
	=	10.32 %

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

Dutron Polymers (BOM:517437) 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.

Dutron Polymers ROCE % Related Terms

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

Dutron Polymers (BOM:517437) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Dutron Polymers Ltd (BOM:517437) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dutron House, Near Mithakhali Underbridge, Navrangpura, Ahmedabad, GJ, IND, 380009

Website

https://www.dutronindia.com

Dutron Polymers Ltd is an India-based company engaged in the manufacturing of plastic pipes. The product portfolio of the group includes high-density polyethylene pipe systems, unplasticized polyvinyl chloride pipes, and fittings, suction and delivery hose, braided hose, flat hose, plastic sheets, corrugated pipes, as well as water tanks. Further, its product is used in agriculture, industrial and construction sectors. Geographically all the activities are functioned through the regions of India and it derives revenue from the sale of products.

Dutron Polymers (BOM:517437) Headlines

No Headlines