Dalmia Bharat (BOM:542216) ROCE % : 7.66% (As of Mar. 2024)

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What is Dalmia Bharat 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. Dalmia Bharat's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.66%.

Dalmia Bharat ROCE % Historical Data

The historical data trend for Dalmia Bharat'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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Dalmia Bharat ROCE % Chart

Dalmia Bharat Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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4.44

10.11

7.20

7.58

6.56

Dalmia Bharat Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															15.12	5.08	4.81	8.26	7.66

Dalmia Bharat ROCE % Calculation

Dalmia Bharat's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	14560	/	( ( (255430 - 44600)	+	(277490 - 44740) )	/ 2 )
	=	14560	/	( (210830	+	232750)	/ 2 )
	=	14560	/	221790
	=	6.56 %

Dalmia Bharat's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	17840	/	( ( (0 - 0)	+	(277490 - 44740) )	/ 1 )
	=	17840	/	( ( 0	+	232750 )	/ 1 )
	=	17840	/	232750
	=	7.66 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Dalmia Bharat (BOM:542216) 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.

Dalmia Bharat ROCE % Related Terms

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Dalmia Bharat (BOM:542216) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Dalmia Bharat Ltd (BOM:542216) » Definitions » ROCE %

Traded in Other Exchanges

DALBHARAT:India

Address

15, Barakhamba Road, Hansalaya Building, 11th and 12th Floors, New Delhi, IND, 110001

Website

https://www.dalmiabharat.com

Dalmia Bharat Ltd is an India based company involved in Cement manufacturing. Its operating segments include Cement, which produces various grades of cement and its related products.

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