Basant Agro-Tech India (BOM:524687) ROCE % : 7.23% (As of Sep. 2024)

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What is Basant Agro-Tech India 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. Basant Agro-Tech India's annualized ROCE % for the quarter that ended in Sep. 2024 was 7.23%.

Basant Agro-Tech India ROCE % Historical Data

The historical data trend for Basant Agro-Tech India'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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Basant Agro-Tech India ROCE % Chart

Basant Agro-Tech India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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8.95

8.13

14.44

15.29

8.64

Basant Agro-Tech India 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															-0.47	4.89	18.43	12.35	7.23

Basant Agro-Tech India ROCE % Calculation

Basant Agro-Tech India'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 )
	=	179.694	/	( ( (4153.389 - 2120.06)	+	(4140.969 - 2015.688) )	/ 2 )
	=	179.694	/	( (2033.329	+	2125.281)	/ 2 )
	=	179.694	/	2079.305
	=	8.64 %

Basant Agro-Tech India'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 )
	=	156.072	/	( ( (0 - 0)	+	(3508.084 - 1347.946) )	/ 1 )
	=	156.072	/	( ( 0	+	2160.138 )	/ 1 )
	=	156.072	/	2160.138
	=	7.23 %

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

Basant Agro-Tech India (BOM:524687) 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.

Basant Agro-Tech India ROCE % Related Terms

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Basant Agro-Tech India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Basant Agro-Tech India Ltd (BOM:524687) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kaulkhed Road, Plot No. 13/2, Near S.T. Workshop, Akola, MH, IND, 444001

Website

https://www.basantagro.com

Basant Agro-Tech India Ltd is an India based company engaged in the manufacturing of SSP fertilizers, hybrid seeds, and NPK mixture granulated fertilizers. The company manufactures and distributes single superphosphate, secondary nutrient, and quality seed under Krishi Sanjivani brand name. The group is also engaged in the business of generating power through a wind turbine and operating and maintaining warehousing and cold storage facilities. The operating segments of the company are Seeds, Fertilizers, LABSA and Others. The fertilizer segment contributes to the majority of the revenue.

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