Sadhana Nitro Chem (BOM:506642) ROCE % : 8.41% (As of Dec. 2024)

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What is Sadhana Nitro Chem 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. Sadhana Nitro Chem's annualized ROCE % for the quarter that ended in Dec. 2024 was 8.41%.

Sadhana Nitro Chem ROCE % Historical Data

The historical data trend for Sadhana Nitro Chem'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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Sadhana Nitro Chem ROCE % Chart

Sadhana Nitro Chem Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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19.07

13.03

6.10

5.80

8.80

Sadhana Nitro Chem 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															11.48	8.31	6.34	5.49	8.41

Sadhana Nitro Chem ROCE % Calculation

Sadhana Nitro Chem'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 )
	=	296.028	/	( ( (4260.997 - 1277.443)	+	(5318.876 - 1578.315) )	/ 2 )
	=	296.028	/	( (2983.554	+	3740.561)	/ 2 )
	=	296.028	/	3362.0575
	=	8.80 %

Sadhana Nitro Chem'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 )
	=	334.4	/	( ( (5752.8 - 1775.3)	+	(0 - 0) )	/ 1 )
	=	334.4	/	( ( 3977.5	+	0 )	/ 1 )
	=	334.4	/	3977.5
	=	8.41 %

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

Sadhana Nitro Chem (BOM:506642) 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.

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Sadhana Nitro Chem Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sadhana Nitro Chem Ltd (BOM:506642) » Definitions » ROCE %

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SADHNANIQ:India

Address

10, Bruce Street, 8/12 Sir Homi Modi Street, 1st Floor, Fort, Mumbai, MH, IND, 400 001

Website

https://www.sncl.com

Sadhana Nitro Chem Ltd is a company that operates in the chemical business. It is engaged in the manufacture of intermediates, heavy organic chemicals, performance chemicals, and wireless network equipment and services. It generates the majority of revenue from the chemical intermediates segment. Geographically, the two segments of the company are domestic sales and export sales. The company generates almost all of its revenue from the sale of products/services.

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