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Rama Phosphates (BOM:524037) ROCE % : 8.81% (As of Dec. 2024)


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What is Rama Phosphates 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. Rama Phosphates's annualized ROCE % for the quarter that ended in Dec. 2024 was 8.81%.


Rama Phosphates ROCE % Historical Data

The historical data trend for Rama Phosphates'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.

Rama Phosphates ROCE % Chart

Rama Phosphates 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 14.74 30.52 42.56 21.01 -8.66

Rama Phosphates 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 -43.83 -2.55 4.62 9.47 8.81

Rama Phosphates ROCE % Calculation

Rama Phosphates'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 )
=-296.905/( ( (5343.733 - 2165.656) + (6260.284 - 2580.155) )/ 2 )
=-296.905/( (3178.077+3680.129)/ 2 )
=-296.905/3429.103
=-8.66 %

Rama Phosphates'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 )
=329.304/( ( (6230.34 - 2492.009) + (0 - 0) )/ 1 )
=329.304/( ( 3738.331 + 0 )/ 1 )
=329.304/3738.331
=8.81 %

(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.


Rama Phosphates  (BOM:524037) 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.


Rama Phosphates ROCE % Related Terms

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Rama Phosphates Business Description

Traded in Other Exchanges
Address
Free Press Journal Marg, 51-52, 5th Floor, Free Press House, 215, Nariman Point, Mumbai, MH, IND, 400021
Rama Phosphates Ltd is an Indian fertilizer manufacturing company. It is engaged in manufacturing phosphatic fertilizers such as Single Super Phosphate (Powder as well as Granule), Mixed fertilizers namely NPK of various grades, Fortified fertilizers namely Boronated Single Super Phosphate (Powder and Granule), and Micronutrients namely Magnesium Sulphate among other products. The company's operating segments include Fertilizers, Micronutrients, Chemicals, and Edible oil. It generates maximum revenue from the Fertilizers, Micronutrients, and Chemicals segment.

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