Camlin Fine Sciences (NSE:CAMLINFINE) ROCE % : 0.70% (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Camlin Fine Sciences 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. Camlin Fine Sciences's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.70%.

Camlin Fine Sciences ROCE % Historical Data

The historical data trend for Camlin Fine Sciences'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.

Camlin Fine Sciences ROCE % Chart

Camlin Fine Sciences Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

7.60

13.01

17.11

11.16

9.66

Camlin Fine Sciences 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															14.58	-6.21	8.30	0.89	0.70

Camlin Fine Sciences ROCE % Calculation

Camlin Fine Sciences'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 )
	=	1194.398	/	( ( (18000.828 - 5952.513)	+	(20600.987 - 7929.871) )	/ 2 )
	=	1194.398	/	( (12048.315	+	12671.116)	/ 2 )
	=	1194.398	/	12359.7155
	=	9.66 %

Camlin Fine Sciences'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 )
	=	93.428	/	( ( (20136.914 - 6812.177)	+	(0 - 0) )	/ 1 )
	=	93.428	/	( ( 13324.737	+	0 )	/ 1 )
	=	93.428	/	13324.737
	=	0.70 %

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

Camlin Fine Sciences (NSE:CAMLINFINE) 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.

Camlin Fine Sciences ROCE % Related Terms

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

Camlin Fine Sciences (NSE:CAMLINFINE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Camlin Fine Sciences Ltd (NSE:CAMLINFINE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

532834:India

Address

CST Road, Kalina, Floor 2 to 5, In GS Point, Santacruz East, Mumbai, MH, IND, 400 098

Website

https://www.camlinfs.com

Camlin Fine Sciences Ltd is engaged in research, development, manufacturing, commercializing, and marketing of specialty chemicals and blends. These chemicals are used in food, feed, animal and pet nutrition and industrial products. The Company has only one reportable segment, namely, Speciality Chemicals. The company's product portfolio consists of Shelf life extension solutions, Aroma ingredients, and Performance chemicals. Shelf life extension solutions include antioxidant solutions which are used to increase the shelf life of oils and. Aroma vertical includes a production of Vanillin and Ethyl Vanillin. Performance Chemicals consist of Guaiacol, Veratrole, TBC, and MEHQ and are used in sectors such as food flavoring, pharmaceuticals intermediate, agrochemicals and fragrance industry.

Camlin Fine Sciences (NSE:CAMLINFINE) Headlines

No Headlines