Tirupati Industries (India) (BOM:531547) ROC %: -22.32% (As of Dec. 2017)


What is Tirupati Industries (India) ROC %?

Tirupati Industries (India) BOM:531547 ROC % is -22.32% as of Dec. 2017.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Tirupati Industries (India)'s annualized return on capital (ROC %) for the quarter that ended in Dec. 2017 was -22.32%.

As of today (2026-07-03), Tirupati Industries (India)'s WACC % is 0.00%. Tirupati Industries (India)'s ROC % is 0.00% (calculated using TTM income statement data). Tirupati Industries (India) earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Tirupati Industries (India)  (BOM:531547) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Tirupati Industries (India)'s WACC % is 0.00%. Tirupati Industries (India)'s ROC % is 0.00% (calculated using TTM income statement data). Tirupati Industries (India) earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Tirupati Industries (India) ROC % Related Terms

Tirupati Industries (India) ROC % Historical Data

* Premium members only.

The historical data trend for Tirupati Industries (India)'s ROC % 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.

Tirupati Industries (India) ROC % Chart

Tirupati Industries (India) Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.59 14.39 6.80 6.69 5.28

Tirupati Industries (India) Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Mar15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
ROC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 5.22 -5.69 -459.13 -22.32

Tirupati Industries (India) ROC % Calculation

Tirupati Industries (India)'s annualized Return on Capital (ROC %) for the fiscal year that ended in Mar. 2017 is calculated as:

ROC % (A: Mar. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2016 ) + Invested Capital (A: Mar. 2017 ))/ count )
=27.516 * ( 1 - 40.17% )/( (281.422 + 342.088)/ 2 )
=16.4628228/311.755
=5.28 %

where

Invested Capital(A: Mar. 2016 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=332.867 - 50.918 - ( 0.527 - max(0, 169.992 - 317.655+0.527))
=281.422

Invested Capital(A: Mar. 2017 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=444.621 - 100.679 - ( 1.854 - max(0, 237.49 - 430.251+1.854))
=342.088

Tirupati Industries (India)'s annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2017 is calculated as:

ROC % (Q: Dec. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2017 ) + Invested Capital (Q: Dec. 2017 ))/ count )
=-27.36 * ( 1 - 0% )/( (122.598 + 0)/ 1 )
=-27.36/122.598
=-22.32 %

where

Invested Capital(Q: Sep. 2017 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=119.064 - 79.45 - ( 1.487 - max(0, 192.02 - 109.036+1.487))
=122.598

Invested Capital(Q: Dec. 2017 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

Note: The Operating Income data used here is four times the quarterly (Dec. 2017) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of -22.32% mean?
Tirupati Industries (India) (BOM:531547) has a ROC % of -22.32% as of Dec. 2017. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Tirupati Industries (India) and its competitors.
Is Tirupati Industries (India)'s ROC % too high?
Tirupati Industries (India)'s current ROC % is -22.32%.
How does Tirupati Industries (India)'s ROC % compare to GLUC?
Tirupati Industries (India)'s ROC % of -22.32% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROC % is 5.13. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Consumer Packaged Goods company?
The median ROC % among Consumer Packaged Goods companies is 5.13, based on 1,941 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Tirupati Industries (India) and its competitors. For the Consumer Packaged Goods industry, the median ROC % is 5.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tirupati Industries (India)'s current ROC % is -22.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tirupati Industries (India) stock overvalued right now?
Tirupati Industries (India) (BOM:531547) has a current ROC % of -22.32%. The current ROC % is -22.32%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Tirupati Industries (India) (BOM:531547), the current ROC % is -22.32% as of Dec. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tirupati Industries (India) Business Description

Address 42 – 45, Emerald Industrial Estate, Dheku, Taluka Khalapur, Raigad, MH, IND, 410203
Tirupati Industries (India) Ltd is mainly engaged in the business of manufacturing and processing of vegetable oil, chemicals derived from oil and allied products. Its product portfolio comprises methyl esters, biodiesel, industrial oils, fatty acids, edible oils, soaps, speciality chemicals, chemicals and laboratory reagents. Under its edible oil brands, it caters to individuals, households, and consumers of all classes. Its GEMChem brand caters to various laboratories and institutions.