Batliboi (BOM:522004) ROCE % : 11.27% (As of Dec. 2023)

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What is Batliboi 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. Batliboi's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.27%.

Batliboi ROCE % Historical Data

The historical data trend for Batliboi'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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Batliboi ROCE % Chart

Batliboi Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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2.88

-5.48

8.16

2.45

7.47

Batliboi Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															8.61	16.75	4.43	8.17	11.27

Batliboi ROCE % Calculation

Batliboi's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	153.983	/	( ( (2866.81 - 950.462)	+	(2885 - 678.919) )	/ 2 )
	=	153.983	/	( (1916.348	+	2206.081)	/ 2 )
	=	153.983	/	2061.2145
	=	7.47 %

Batliboi's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	255.168	/	( ( (3050.785 - 787.46)	+	(0 - 0) )	/ 1 )
	=	255.168	/	( ( 2263.325	+	0 )	/ 1 )
	=	255.168	/	2263.325
	=	11.27 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Batliboi (BOM:522004) 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.

Batliboi ROCE % Related Terms

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Batliboi (BOM:522004) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Batliboi Ltd (BOM:522004) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

104, Bombay Samachar Marg, Bharat House, 5th Floor, Fort, Mumbai, MH, IND, 400 001

Website

http://www.batliboi.com

Batliboi Ltd is an Indian company which is engaged in the manufacturing and trading of machine tools and textile engineering machines. The company serves Machine Tools, Air Engineering, Textile Machinery, Environmental Engineering, Wind Energy, Motors, International Marketing, and Logistics markets. It generates maximum revenue from Textile Engineering. Geographically, it derives a majority of its revenue from India.

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