Cenlub Industries (BOM:522251) ROCE % : 20.01% (As of Sep. 2024)

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What is Cenlub 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. Cenlub Industries's annualized ROCE % for the quarter that ended in Sep. 2024 was 20.01%.

Cenlub Industries ROCE % Historical Data

The historical data trend for Cenlub 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.

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Cenlub Industries ROCE % Chart

Cenlub Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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15.45

19.03

22.78

20.06

23.14

Cenlub Industries Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															29.53	26.33	19.52	23.14	20.01

Cenlub Industries ROCE % Calculation

Cenlub 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 )
	=	122.871	/	( ( (627.245 - 141.093)	+	(776.397 - 200.656) )	/ 2 )
	=	122.871	/	( (486.152	+	575.741)	/ 2 )
	=	122.871	/	530.9465
	=	23.14 %

Cenlub Industries's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	123.116	/	( ( (0 - 0)	+	(778.778 - 163.473) )	/ 1 )
	=	123.116	/	( ( 0	+	615.305 )	/ 1 )
	=	123.116	/	615.305
	=	20.01 %

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

Cenlub Industries (BOM:522251) 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.

Cenlub Industries ROCE % Related Terms

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Cenlub Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Cenlub Industries Ltd (BOM:522251) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 233 and 234, Sector-58, Ballabgarh, Faridabad, HR, IND, 121004

Website

https://www.cenlub.in

Cenlub Industries Ltd engages in the design, manufacture, and supply of centralized lubrication systems for machines, plants, and equipment. Its products include single shot lubrication systems, progressive grease lubrication systems, mist machine, and tool lubricators; lube oil/seal oil/water systems, rail track lubrication systems; vehicle lubricators; conveyor lubricators; and barrel pumps among others. The company mainly serves machine tools, steel plants, sponge iron plants, cement plants, sugar plants, power plants, paper plants, and other industries.

Cenlub Industries Headlines

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