Balmer Lawrie (BOM:523319) ROCE % : 12.67% (As of Sep. 2024)

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What is Balmer Lawrie 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. Balmer Lawrie's annualized ROCE % for the quarter that ended in Sep. 2024 was 12.67%.

Balmer Lawrie ROCE % Historical Data

The historical data trend for Balmer Lawrie'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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Balmer Lawrie ROCE % Chart

Balmer Lawrie Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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10.36

7.24

7.86

9.00

13.86

Balmer Lawrie 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															14.68	14.00	16.11	11.42	12.67

Balmer Lawrie ROCE % Calculation

Balmer Lawrie'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 )
	=	2898.32	/	( ( (26617.336 - 6421.431)	+	(28731.103 - 7116.22) )	/ 2 )
	=	2898.32	/	( (20195.905	+	21614.883)	/ 2 )
	=	2898.32	/	20905.394
	=	13.86 %

Balmer Lawrie'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 )
	=	2692	/	( ( (0 - 0)	+	(29041.844 - 7788.376) )	/ 1 )
	=	2692	/	( ( 0	+	21253.468 )	/ 1 )
	=	2692	/	21253.468
	=	12.67 %

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

Balmer Lawrie (BOM:523319) 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.

Balmer Lawrie ROCE % Related Terms

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Balmer Lawrie Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Balmer Lawrie & Co Ltd (BOM:523319) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

BALMLAWRIE:India

Address

21, Netaji Subhas Road, Kolkata, WB, IND, 700001

Website

https://www.balmerlawrie.com

Balmer Lawrie & Co Ltd operates through various segments namely Industrial Packaging, Logistics Infrastructure, Logistic Services, Travel and Vacations, Greases and Lubricants, and Others. The company generates a majority of its revenue from the Industrial Packaging segment followed by the Greases and Lubricants segment.

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