Bambino Agro Industries (BOM:519295) ROCE % : 10.65% (As of Mar. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Bambino 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. Bambino Agro Industries's annualized ROCE % for the quarter that ended in Mar. 2024 was 10.65%.

Bambino Agro Industries ROCE % Historical Data

The historical data trend for Bambino 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.

Bambino Agro Industries ROCE % Chart

Bambino Agro Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

14.36

15.23

14.71

14.04

17.00

Bambino Agro Industries 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															6.32	19.05	25.41	11.97	10.65

Bambino Agro Industries ROCE % Calculation

Bambino 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 )
	=	225.955	/	( ( (2015.329 - 671.126)	+	(2063.031 - 749.479) )	/ 2 )
	=	225.955	/	( (1344.203	+	1313.552)	/ 2 )
	=	225.955	/	1328.8775
	=	17.00 %

Bambino Agro Industries'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 )
	=	139.9	/	( ( (0 - 0)	+	(2063.031 - 749.479) )	/ 1 )
	=	139.9	/	( ( 0	+	1313.552 )	/ 1 )
	=	139.9	/	1313.552
	=	10.65 %

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

Bambino Agro Industries (BOM:519295) 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.

Bambino Agro Industries ROCE % Related Terms

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

Bambino Agro Industries (BOM:519295) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bambino Agro Industries Ltd (BOM:519295) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Sardar Patel Road, 4E, Surya Towers, Secunderabad, TG, IND, 500 003

Website

https://www.bambinoagro.com

Bambino Agro Industries Ltd is an India-based food product manufacturing company. It manufactures and sells vermicelli, macaroni, and other pasta products under the brand name Bambino. It also sells products of companies engaged in manufacturing pasta and instant mixes, spices, namkeens, and sweet-meat masalas among others. The company's other variety of products includes roasted vermicelli, wheat rice, noodles, soups, breakfast mixes, sweet mixes, sweets, and hing among others.

Bambino Agro Industries (BOM:519295) Headlines

No Headlines