Umang Dairies (BOM:500231) ROCE % : -9.00% (As of Sep. 2024)

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What is Umang Dairies 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. Umang Dairies's annualized ROCE % for the quarter that ended in Sep. 2024 was -9.00%.

Umang Dairies ROCE % Historical Data

The historical data trend for Umang Dairies'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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Umang Dairies ROCE % Chart

Umang Dairies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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9.00

11.01

-17.56

0.42

8.87

Umang Dairies Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-17.63	14.07	49.04	6.25	-9.00

Umang Dairies ROCE % Calculation

Umang Dairies'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 )
	=	68.921	/	( ( (1651.992 - 866.342)	+	(1231.361 - 462.116) )	/ 2 )
	=	68.921	/	( (785.65	+	769.245)	/ 2 )
	=	68.921	/	777.4475
	=	8.87 %

Umang Dairies's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-65.688	/	( ( (0 - 0)	+	(1153.554 - 423.79) )	/ 1 )
	=	-65.688	/	( ( 0	+	729.764 )	/ 1 )
	=	-65.688	/	729.764
	=	-9.00 %

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

Umang Dairies (BOM:500231) 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.

Umang Dairies ROCE % Related Terms

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Umang Dairies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Umang Dairies Ltd (BOM:500231) » Definitions » ROCE %

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UMANGDAIRY:India

Address

6A, Bahadur Shah Zafar Marg, Gulab Bhawan Rear Block, 3rd Floor, New Delhi, IND, 110 002

Website

http://www.umangdairies.com

Umang Dairies Ltd is an Indian company engaged in the business of dairy products. The company's product includes ghee and milk powder. It manufactures multiple products under consumer packs and bulk packs for institutional use. Its product portfolio includes skimmed milk powder, whole milk powder, dairy creamer, dairy whitener, fresh cream, butter, ghee, flavored milk and others. The company's manufacturing plant is located in Gajraula, Uttar Pradesh.

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