Ritesh International (BOM:519097) ROCE % : 44.69% (As of Mar. 2025)

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What is Ritesh International 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. Ritesh International's annualized ROCE % for the quarter that ended in Mar. 2025 was 44.69%.

Ritesh International ROCE % Historical Data

The historical data trend for Ritesh International'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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Ritesh International ROCE % Chart

Ritesh International Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

ROCE %

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16.90

29.38

10.76

2.75

21.96

Ritesh International Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
ROCE %	Get a 7-Day Free Trial															5.03	7.27	8.90	24.80	44.69

Ritesh International ROCE % Calculation

Ritesh International's annualized ROCE % for the fiscal year that ended in Mar. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2025 )		(A: Mar. 2024 )		(A: Mar. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2025 )		(A: Mar. 2024 )		(A: Mar. 2025 )
	=	49.723	/	( ( (280 - 82.583)	+	(380.601 - 125.211) )	/ 2 )
	=	49.723	/	( (197.417	+	255.39)	/ 2 )
	=	49.723	/	226.4035
	=	21.96 %

Ritesh International's ROCE % of for the quarter that ended in Mar. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	114.136	/	( ( (0 - 0)	+	(380.601 - 125.211) )	/ 1 )
	=	114.136	/	( ( 0	+	255.39 )	/ 1 )
	=	114.136	/	255.39
	=	44.69 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2025) EBIT data.

Ritesh International (BOM:519097) 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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Ritesh International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ritesh International Ltd (BOM:519097) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Momnabad Road, Village Akbarpura, Ahemdgarh, Sangrur, PB, IND, 148021

Website

https://www.riteshinternationalltd.com

Ritesh International Ltd is engaged in the business of manufacturing and selling of Stearic Acid, Fatty Acids, glycerin and Readymade Garments. The company generates revenue mainly from sale of Stearic Acids and Other Non-edible Oils.

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