E I D Parry India (BOM:500125) ROCE % : 11.84% (As of Dec. 2023)

View and export this data going back to 1992. Start your Free Trial

What is E I D Parry 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. E I D Parry India's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.84%.

E I D Parry India ROCE % Historical Data

The historical data trend for E I D Parry 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.

E I D Parry India ROCE % Chart

E I D Parry India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

25.17

29.20

25.17

27.67

29.66

E I D Parry 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															30.82	19.10	21.68	38.33	11.84

E I D Parry India ROCE % Calculation

E I D Parry 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 )
	=	28393.2	/	( ( (159426.4 - 71075.9)	+	(187784.8 - 84709.5) )	/ 2 )
	=	28393.2	/	( (88350.5	+	103075.3)	/ 2 )
	=	28393.2	/	95712.9
	=	29.66 %

E I D Parry 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 )
	=	13624	/	( ( (188979.7 - 73890.9)	+	(0 - 0) )	/ 1 )
	=	13624	/	( ( 115088.8	+	0 )	/ 1 )
	=	13624	/	115088.8
	=	11.84 %

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

E I D Parry India (BOM:500125) 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.

E I D Parry India ROCE % Related Terms

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

E I D Parry India (BOM:500125) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » E I D Parry India Ltd (BOM:500125) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

EIDPARRY:India

Address

NSC Bose Road, Parrys Corner, Dare House, New No. 2, Old 234, Chennai, TN, IND, 600 001

Website

https://www.eidparry.com

E I D Parry India Ltd is a sugar producer headquartered in India. The company operates through four operating segments: sugar, cogeneration, distillery, and nutraceuticals. The sugar business produces sugar from the crushing of sugarcane and generates the most revenue for the company. The co-generation business produces bagasse, a byproduct of sugarcane, which is used in generating power. The distillery segment produces ethanol from molasses, a byproduct of sugarcane, which is then blended with gasoline for powering vehicles. The nutraceuticals unit produces organic products that target the human health and wellness market. The company has operations that span North America, Europe, India, and other regions of the world, with India being the region where it generates most of its sales.

E I D Parry India (BOM:500125) Headlines

No Headlines