Indo Rama Synthetics (India) (BOM:500207) ROCE % : 25.97% (As of Dec. 2024)

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What is Indo Rama Synthetics (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. Indo Rama Synthetics (India)'s annualized ROCE % for the quarter that ended in Dec. 2024 was 25.97%.

Indo Rama Synthetics (India) ROCE % Historical Data

The historical data trend for Indo Rama Synthetics (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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Indo Rama Synthetics (India) ROCE % Chart

Indo Rama Synthetics (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-18.82

10.72

37.11

2.45

-8.42

Indo Rama Synthetics (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															-25.88	-6.06	9.42	-2.93	25.97

Indo Rama Synthetics (India) ROCE % Calculation

Indo Rama Synthetics (India)'s annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	-841	/	( ( (27129.5 - 15158.3)	+	(29069 - 21069.1) )	/ 2 )
	=	-841	/	( (11971.2	+	7999.9)	/ 2 )
	=	-841	/	9985.55
	=	-8.42 %

Indo Rama Synthetics (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 )
	=	2130	/	( ( (28602.1 - 20399.3)	+	(0 - 0) )	/ 1 )
	=	2130	/	( ( 8202.8	+	0 )	/ 1 )
	=	2130	/	8202.8
	=	25.97 %

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

Indo Rama Synthetics (India) (BOM:500207) 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.

Indo Rama Synthetics (India) ROCE % Related Terms

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Indo Rama Synthetics (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Indo Rama Synthetics (India) Ltd (BOM:500207) » Definitions » ROCE %

Traded in Other Exchanges

INDORAMA:India

Address

Delhi Press Building, Phase-1V, Plot No. 53 & 54, Udyog Vihar, Gurugram, HR, IND, 122 015

Website

https://www.indoramaindia.com

Indo Rama Synthetics (India) Ltd is a polyester manufacturer company. The company offers products such as Polyester Staple Fibre (PSF), Partially Oriented Yarn (POY), Draw Texturised Yarn (DTY), Fully Drawn Yarn (FDY), Polyester Chips and Others. Its only operating segment being the manufacturing and trading of Polyster goods. Geographically, it derives a majority of revenue from India and also has a presence in Turkey, Nepal, and Other overseas countries.

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