GP Petroleums (BOM:532543) ROCE % : 11.96% (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is GP Petroleums 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. GP Petroleums's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.96%.

GP Petroleums ROCE % Historical Data

The historical data trend for GP Petroleums'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.

GP Petroleums ROCE % Chart

GP Petroleums Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

13.79

10.67

11.85

11.90

13.70

GP Petroleums 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															8.76	13.77	7.64	16.93	11.96

GP Petroleums ROCE % Calculation

GP Petroleums'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 )
	=	374.788	/	( ( (3235.917 - 660.643)	+	(3453.059 - 556.409) )	/ 2 )
	=	374.788	/	( (2575.274	+	2896.65)	/ 2 )
	=	374.788	/	2735.962
	=	13.70 %

GP Petroleums'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 )
	=	362.736	/	( ( (3697.972 - 664.957)	+	(0 - 0) )	/ 1 )
	=	362.736	/	( ( 3033.015	+	0 )	/ 1 )
	=	362.736	/	3033.015
	=	11.96 %

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

GP Petroleums (BOM:532543) 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.

GP Petroleums ROCE % Related Terms

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

GP Petroleums (BOM:532543) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » GP Petroleums Ltd (BOM:532543) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

GULFPETRO:India

Address

MIDC Central Road, 803 / 804, Ackruti Star, 8th Floor, Opposite Ackruti Centre Point, MIDC, Andheri (East), Mumbai, MH, IND, 400093

Website

https://www.gppetroleums.co.in

GP Petroleums Ltd is an Indian company that operates in the petrochemical industry. The company specializes in industrial and automotive lubricants, process oils, transformer oils, greases, and other specialties under the brand name REPSOL and IPOL in India and overseas markets. The company operates primarily in two business segments - The trading segment that includes trading activities through base oil trading; and the Manufacturing segment that includes the manufacturing and marketing of lubricating oils and greases. The majority of its revenue is derived from the manufacturing segment. It also derives revenue from interest on bank deposits and other financial assets and income from rental.

GP Petroleums (BOM:532543) Headlines

No Headlines