GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Contil India Ltd (BOM:531067) » Definitions » ROCE %

Contil India (BOM:531067) ROCE % : 34.11% (As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Contil India 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. Contil India's annualized ROCE % for the quarter that ended in Dec. 2023 was 34.11%.


Contil India ROCE % Historical Data

The historical data trend for Contil India'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.

Contil India ROCE % Chart

Contil India Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.27 1.34 14.00 11.97 12.31

Contil India 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 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 17.50 3.24 9.18 19.13 34.11

Contil India ROCE % Calculation

Contil India'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 )
=8.762/( ( (91.404 - 23.495) + (88.105 - 13.613) )/ 2 )
=8.762/( (67.909+74.492)/ 2 )
=8.762/71.2005
=12.31 %

Contil India'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 )
=28.64/( ( (107.8 - 23.825) + (0 - 0) )/ 1 )
=28.64/( ( 83.975 + 0 )/ 1 )
=28.64/83.975
=34.11 %

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


Contil India  (BOM:531067) 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.


Contil India ROCE % Related Terms

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


Contil India (BOM:531067) Business Description

Traded in Other Exchanges
N/A
Address
R.C. Dutt Road, No. 811, Siddharth Complex, Alkapuri, Baroda, GJ, IND, 390007
Contil India Ltd is an Indian company engaged in the trading of grocery items. It has a business presence in India and also exports to other countries, of which a majority of revenue is derived from export sales. The product portfolio of the company includes Spices, Flour, Cereal and Pulses, Ayurvedic items, Beauty and cosmetics, and Articles and Utensils, among others.

Contil India (BOM:531067) Headlines

No Headlines