Ishita Drugs And Industries (BOM:524400) ROCE % : 13.08% (As of Dec. 2024)

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What is Ishita Drugs And 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. Ishita Drugs And Industries's annualized ROCE % for the quarter that ended in Dec. 2024 was 13.08%.

Ishita Drugs And Industries ROCE % Historical Data

The historical data trend for Ishita Drugs And 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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Ishita Drugs And Industries ROCE % Chart

Ishita Drugs And Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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10.77

14.41

12.73

9.16

10.97

Ishita Drugs And 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															8.43	14.40	8.22	10.18	13.08

Ishita Drugs And Industries ROCE % Calculation

Ishita Drugs And 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 )
	=	10.495	/	( ( (114.072 - 22.13)	+	(108.087 - 8.673) )	/ 2 )
	=	10.495	/	( (91.942	+	99.414)	/ 2 )
	=	10.495	/	95.678
	=	10.97 %

Ishita Drugs And 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 )
	=	13.452	/	( ( (149.513 - 46.676)	+	(0 - 0) )	/ 1 )
	=	13.452	/	( ( 102.837	+	0 )	/ 1 )
	=	13.452	/	102.837
	=	13.08 %

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

Ishita Drugs And Industries (BOM:524400) 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.

Ishita Drugs And Industries ROCE % Related Terms

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Ishita Drugs And Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Ishita Drugs And Industries Ltd (BOM:524400) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

C.G.Road, 401, 3rd Eye -II, Opposite Parimal Garden, Ahmedabad, GJ, IND, 380006

Website

https://www.ishitadrugs.com

Ishita Drugs And Industries Ltd is engaged in the business of manufacturing various APIs and drug intermediates. It manufactures high quality products and is known for its ethical dealings in business. The company supplies its products to various pharmaceutical companies and is also being exported to various countries across the world. The company has three manufacturing facilities located in the state of Gujarat, two for APIs and drug intermediates at Ahmedabad and Surendranagar and one for finished pharmaceutical formulations at Mehsana.

Ishita Drugs And Industries Headlines

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