IFB Agro Industries (BOM:507438) ROCE % : 6.46% (As of Jun. 2024)

View and export this data going back to 2000. Start your Free Trial

What is IFB Agro Industries 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. IFB Agro Industries's annualized ROCE % for the quarter that ended in Jun. 2024 was 6.46%.

IFB Agro Industries ROCE % Historical Data

The historical data trend for IFB Agro Industries'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.

IFB Agro Industries ROCE % Chart

IFB Agro Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

4.80

13.56

14.96

12.58

-2.33

IFB Agro Industries Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															0.95	-1.67	-5.20	-3.38	6.46

IFB Agro Industries ROCE % Calculation

IFB Agro Industries'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 )
	=	-133.7	/	( ( (6320 - 535.9)	+	(6361 - 648.7) )	/ 2 )
	=	-133.7	/	( (5784.1	+	5712.3)	/ 2 )
	=	-133.7	/	5748.2
	=	-2.33 %

IFB Agro Industries's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	369.2	/	( ( (6361 - 648.7)	+	(0 - 0) )	/ 1 )
	=	369.2	/	( ( 5712.3	+	0 )	/ 1 )
	=	369.2	/	5712.3
	=	6.46 %

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

IFB Agro Industries (BOM:507438) 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.

IFB Agro Industries ROCE % Related Terms

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

IFB Agro Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » IFB Agro Industries Ltd (BOM:507438) » Definitions » ROCE %

Traded in Other Exchanges

IFBAGRO:India

Address

Plot Number IND-5, Sector I, East Kolkata Township, Kolkata, WB, IND, 700 107

Website

https://www.ifbagro.in

IFB Agro Industries Ltd is engaged in the business of manufacturing alcohol, bottling branded alcoholic beverages as well as processed and packed marine foods both for domestic and export markets. The company operates in two segments: Spirit, spirituous beverages and allied products, and Marine. IFB Agro derives majority of its revenue from its Spirit, spirituous beverages and allied products segment.

IFB Agro Industries Headlines

No Headlines