Vishnu Chemicals (BOM:516072) ROCE % : 22.57% (As of Dec. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Vishnu 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. Vishnu Chemicals's annualized ROCE % for the quarter that ended in Dec. 2024 was 22.57%.

Vishnu Chemicals ROCE % Historical Data

The historical data trend for Vishnu 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.

Vishnu Chemicals ROCE % Chart

Vishnu Chemicals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

15.54

13.51

27.12

33.84

21.50

Vishnu 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															16.61	21.49	21.64	16.52	22.57

Vishnu Chemicals ROCE % Calculation

Vishnu 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 )
	=	1713.224	/	( ( (10509.33 - 3669.466)	+	(13254.31 - 4158.887) )	/ 2 )
	=	1713.224	/	( (6839.864	+	9095.423)	/ 2 )
	=	1713.224	/	7967.6435
	=	21.50 %

Vishnu 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 )
	=	2187.224	/	( ( (14603.319 - 4913.056)	+	(0 - 0) )	/ 1 )
	=	2187.224	/	( ( 9690.263	+	0 )	/ 1 )
	=	2187.224	/	9690.263
	=	22.57 %

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

Vishnu Chemicals (BOM:516072) 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.

Vishnu Chemicals ROCE % Related Terms

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

Vishnu Chemicals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Vishnu Chemicals Ltd (BOM:516072) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

VISHNU:India

Address

Road Number 8, Film Nagar, Jubilee Hills, Plot Number C-23, Hyderabad, TG, IND, 500 096

Website

https://www.vishnuchemicals.com

Vishnu Chemicals Ltd produces a variety of Barium and Chromium chemicals including Basic Chromium Sulphate, Sodium Dichromate, Potassium Dichromate, Chromic Acid, and Chrome Oxide Green. The company is involved in the business of manufacturing, marketing, and the export of chromium chemicals and other specialty chemicals. The company's products find application in pharmaceuticals, electroplating, ceramics and tiles, wood preservatives, pigments and dyes, refractories, and detergents. The firm's geographical segments include Domestic and Overseas. The company generates the majority of its revenue from the Domestic market.

Vishnu Chemicals Headlines

No Headlines