Pudumjee Paper Products (NSE:PDMJEPAPER) ROCE % : 32.83% (As of Dec. 2023)

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What is Pudumjee Paper Products 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. Pudumjee Paper Products's annualized ROCE % for the quarter that ended in Dec. 2023 was 32.83%.

Pudumjee Paper Products ROCE % Historical Data

The historical data trend for Pudumjee Paper Products'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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Pudumjee Paper Products ROCE % Chart

Pudumjee Paper Products Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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9.40

12.60

10.06

11.13

16.41

Pudumjee Paper Products 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															14.39	10.28	12.88	18.72	32.83

Pudumjee Paper Products ROCE % Calculation

Pudumjee Paper Products'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 )
	=	819.086	/	( ( (5970.968 - 1192.91)	+	(6258.937 - 1055.226) )	/ 2 )
	=	819.086	/	( (4778.058	+	5203.711)	/ 2 )
	=	819.086	/	4990.8845
	=	16.41 %

Pudumjee Paper Products'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 )
	=	1765.6	/	( ( (6549.2 - 1171.5)	+	(0 - 0) )	/ 1 )
	=	1765.6	/	( ( 5377.7	+	0 )	/ 1 )
	=	1765.6	/	5377.7
	=	32.83 %

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

Pudumjee Paper Products (NSE:PDMJEPAPER) 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.

Pudumjee Paper Products ROCE % Related Terms

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Pudumjee Paper Products (NSE:PDMJEPAPER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Pudumjee Paper Products Ltd (NSE:PDMJEPAPER) » Definitions » ROCE %

Traded in Other Exchanges

539785:India

Address

60, Dr. V.B. Gandhi Marg, Jatia Chambers, Kalaghoda, Mumbai, MH, IND, 400001

Website

https://www.pudumjee.com

Pudumjee Paper Products Ltd is a paper manufacturing company. Its segments include Paper manufacturing and Hygiene products. The Paper Manufacturing segment relates to the manufacturing and marketing of various types of specialty papers, consisting of an Opaque Laminating Base, Glassine, Base paper, Bible Paper, and others. The Hygiene products segment relates to the processing and marketing of tissue and other hygiene papers as well as the marketing and distribution of other hygiene products. It derives a majority of its revenue from the Paper segment. The company's product range includes Facial tissue, Napkin tissue, and Diaper tissue and among others. The group has a business presence in India and Outside India.

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