Jubilant Ingrevia (BOM:543271) ROCE % : 8.55% (As of Dec. 2023)

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What is Jubilant Ingrevia 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. Jubilant Ingrevia's annualized ROCE % for the quarter that ended in Dec. 2023 was 8.55%.

Jubilant Ingrevia ROCE % Historical Data

The historical data trend for Jubilant Ingrevia'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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Jubilant Ingrevia ROCE % Chart

Jubilant Ingrevia Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

ROCE %

6.79

28.15

15.70

Jubilant Ingrevia Quarterly Data
	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial									18.37	10.40	12.05	11.27	8.55

Jubilant Ingrevia ROCE % Calculation

Jubilant Ingrevia'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 )
	=	4571.07	/	( ( (37971.48 - 10527.78)	+	(42588.79 - 11795.75) )	/ 2 )
	=	4571.07	/	( (27443.7	+	30793.04)	/ 2 )
	=	4571.07	/	29118.37
	=	15.70 %

Jubilant Ingrevia'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 )
	=	2805.6	/	( ( (44703.2 - 11904.3)	+	(0 - 0) )	/ 1 )
	=	2805.6	/	( ( 32798.9	+	0 )	/ 1 )
	=	2805.6	/	32798.9
	=	8.55 %

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

Jubilant Ingrevia (BOM:543271) 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.

Jubilant Ingrevia ROCE % Related Terms

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Jubilant Ingrevia (BOM:543271) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jubilant Ingrevia Ltd (BOM:543271) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

JUBLINGREA:India

Address

1-A, Sector 16-A, Noida, UP, IND, 201 301

Website

https://www.jubilantingrevia.com

Jubilant Ingrevia Ltd is a life science products and solutions provider serving, Pharmaceutical, Nutrition, Agrochemical, Consumers, and Industrial customers with its customized products and solutions. It is engaged in the manufacturing and supply of specialty intermediates, nutrition and health solutions, and life science chemicals. Its segments are Speciality Chemicals, Nutrition, and Health Solutions, and Chemical Intermediates, where the Specialty Chemicals include Pyridine & Picolines, Fine chemicals, Agro chemicals, Custom development, and manufacturing organization; Nutrition & Health Solutions consists of Nutrition and health ingredients, Animal nutrition and health solutions, and Human nutrition health solutions; Chemical intermediates consists Acetyls and Speciality ethanol.

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