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Virat Crane Industries (BOM:519457) ROCE % : 9.07% (As of Dec. 2024)


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What is Virat Crane 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. Virat Crane Industries's annualized ROCE % for the quarter that ended in Dec. 2024 was 9.07%.


Virat Crane Industries ROCE % Historical Data

The historical data trend for Virat Crane 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.

Virat Crane Industries ROCE % Chart

Virat Crane Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.32 17.20 15.05 -2.51 19.48

Virat Crane Industries 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.94 25.57 18.35 16.08 9.07

Virat Crane Industries ROCE % Calculation

Virat Crane 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 )
=119.839/( ( (748.147 - 186.72) + (836.523 - 167.805) )/ 2 )
=119.839/( (561.427+668.718)/ 2 )
=119.839/615.0725
=19.48 %

Virat Crane Industries'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 )
=62.984/( ( (850.886 - 156.242) + (0 - 0) )/ 1 )
=62.984/( ( 694.644 + 0 )/ 1 )
=62.984/694.644
=9.07 %

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

* 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.


Virat Crane Industries  (BOM:519457) 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.


Virat Crane Industries ROCE % Related Terms

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Virat Crane Industries Business Description

Traded in Other Exchanges
N/A
Address
D. No. 25-18-54, Main Road, Opposite Crane Betel Nut Powder Works Office, Sampath Nagar, Guntur, AP, IND, 522 004
Virat Crane Industries Ltd is engaged in the manufacturing of ghee. It is engaged in the business of processing milk and manufacturing of dairy products. Its product categories include Durga ghee, Kamadenu cow ghee, paneer, curd, Durga milk, curd, and Butter Milk. Geographically, it operates only in India.

Virat Crane Industries Headlines

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