Foseco India (BOM:500150) ROCE % : 30.54% (As of Dec. 2024)

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What is Foseco 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. Foseco India's annualized ROCE % for the quarter that ended in Dec. 2024 was 30.54%.

Foseco India ROCE % Historical Data

The historical data trend for Foseco 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.

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Foseco India ROCE % Chart

Foseco India Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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11.87

22.07

27.30

36.04

31.10

Foseco India Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															30.33	29.52	32.60	33.68	30.54

Foseco India ROCE % Calculation

Foseco India's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	984.877	/	( ( (4195.088 - 1310.586)	+	(4827.721 - 1378.145) )	/ 2 )
	=	984.877	/	( (2884.502	+	3449.576)	/ 2 )
	=	984.877	/	3167.039
	=	31.10 %

Foseco India's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	1053.556	/	( ( (0 - 0)	+	(4827.721 - 1378.145) )	/ 1 )
	=	1053.556	/	( ( 0	+	3449.576 )	/ 1 )
	=	1053.556	/	3449.576
	=	30.54 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Foseco India (BOM:500150) 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.

Foseco India ROCE % Related Terms

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Foseco India Business Description

Industry

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FOSECOIND:India

Address

Gat Nos. 922 and 923, Sanaswadi, Taluka Shirur, Pune, MH, IND, 412208

Website

https://www.fosecoindia.com

Foseco India Ltd is engaged in the manufacture of products used in the metallurgical industry. Its products are additives and consumables that improve the physical properties and performance of castings. Some of its products are; INSTA Coatings which is a water-based powder coating for ferrous castings, SEMO CC Coatings, and SEMCO FDC among others. The manufacturing activities are at Sanaswadi, Pune, and Puducherry. Its solutions are categorized as Foundry, Iron & Steel, and Industrial Processes. The company generates a majority of its revenue from its business in India.

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