Tata Chemicals (BOM:500770) ROCE % : 1.80% (As of Dec. 2024)

View and export this data going back to 1991. Start your Free Trial

What is Tata Chemicals 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. Tata Chemicals's annualized ROCE % for the quarter that ended in Dec. 2024 was 1.80%.

Tata Chemicals ROCE % Historical Data

The historical data trend for Tata Chemicals'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.

* Premium members only.

Tata Chemicals ROCE % Chart

Tata Chemicals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

6.95

4.13

7.48

10.77

4.14

Tata Chemicals 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															5.23	-9.98	5.24	6.18	1.80

Tata Chemicals ROCE % Calculation

Tata Chemicals'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 )
	=	12600	/	( ( (350840 - 49040)	+	(367560 - 60550) )	/ 2 )
	=	12600	/	( (301800	+	307010)	/ 2 )
	=	12600	/	304405
	=	4.14 %

Tata Chemicals'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 )
	=	5760	/	( ( (376210 - 56930)	+	(0 - 0) )	/ 1 )
	=	5760	/	( ( 319280	+	0 )	/ 1 )
	=	5760	/	319280
	=	1.80 %

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

Tata Chemicals (BOM:500770) 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.

Tata Chemicals ROCE % Related Terms

Thank you for viewing the detailed overview of Tata Chemicals's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Tata Chemicals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Tata Chemicals Ltd (BOM:500770) » Definitions » ROCE %

Traded in Other Exchanges

TATACHEM:India

Address

24, Homi Mody Street, Bombay House, Fort, Mumbai, MH, IND, 400001

Website

https://www.tatachemicals.com

Tata Chemicals Ltd manufactures and sells a variety of chemicals and agricultural products. The Company has 2 reportable segments which are the Company's strategic business units; Basic chemistry products: Soda Ash, Salt and other bulk chemicals; and Specialty products: Nutrition solutions and advanced materials.

Tata Chemicals Headlines

No Headlines