Seshasayee Paper & Boards (BOM:502450) ROCE % : 11.81% (As of Mar. 2024)

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What is Seshasayee Paper & Boards 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. Seshasayee Paper & Boards's annualized ROCE % for the quarter that ended in Mar. 2024 was 11.81%.

Seshasayee Paper & Boards ROCE % Historical Data

The historical data trend for Seshasayee Paper & Boards'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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Seshasayee Paper & Boards ROCE % Chart

Seshasayee Paper & Boards Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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22.01

7.02

10.34

32.27

17.88

Seshasayee Paper & Boards Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															32.56	21.50	20.02	18.91	11.81

Seshasayee Paper & Boards ROCE % Calculation

Seshasayee Paper & Boards'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 )
	=	3461	/	( ( (20788.3 - 2833.4)	+	(23914.1 - 3145.2) )	/ 2 )
	=	3461	/	( (17954.9	+	20768.9)	/ 2 )
	=	3461	/	19361.9
	=	17.88 %

Seshasayee Paper & Boards's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	2452.4	/	( ( (0 - 0)	+	(23914.1 - 3145.2) )	/ 1 )
	=	2452.4	/	( ( 0	+	20768.9 )	/ 1 )
	=	2452.4	/	20768.9
	=	11.81 %

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

Seshasayee Paper & Boards (BOM:502450) 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.

Seshasayee Paper & Boards ROCE % Related Terms

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Seshasayee Paper & Boards (BOM:502450) Business Description

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SESHAPAPER:India

Address

Pallipalayam, Cauvery RS PO, Namakkal District, Erode, TN, IND, 638007

Website

https://www.spbltd.com

Seshasayee Paper & Boards Ltd is engaged in manufacturing of printing and writing papers, packing and wrapping papers, and specialty papers. The company produces writing, printing, kraft, and poster papers; newsprint, coated/uncoated wood free, and tissue papers; and papers and boards for packaging applications. In addition, the company holds interests in properties. Geographically all the operations are functioned through the regions of Tamil Nadu, India. Seshasayee derives revenue from the sale of the papers.

Seshasayee Paper & Boards (BOM:502450) Headlines

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