Adarsh Plant Protect (BOM:526711) ROCE % : 6.52% (As of Dec. 2024)

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What is Adarsh Plant Protect 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. Adarsh Plant Protect's annualized ROCE % for the quarter that ended in Dec. 2024 was 6.52%.

Adarsh Plant Protect ROCE % Historical Data

The historical data trend for Adarsh Plant Protect'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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Adarsh Plant Protect ROCE % Chart

Adarsh Plant Protect Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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36.11

18.46

7.57

9.07

17.37

Adarsh Plant Protect 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															20.43	26.99	-11.83	34.69	6.52

Adarsh Plant Protect ROCE % Calculation

Adarsh Plant Protect'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 )
	=	6.948	/	( ( (78.361 - 40.167)	+	(89.277 - 47.462) )	/ 2 )
	=	6.948	/	( (38.194	+	41.815)	/ 2 )
	=	6.948	/	40.0045
	=	17.37 %

Adarsh Plant Protect'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 )
	=	2.696	/	( ( (96.304 - 54.98)	+	(0 - 0) )	/ 1 )
	=	2.696	/	( ( 41.324	+	0 )	/ 1 )
	=	2.696	/	41.324
	=	6.52 %

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

Adarsh Plant Protect (BOM:526711) 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.

Adarsh Plant Protect ROCE % Related Terms

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Adarsh Plant Protect Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Adarsh Plant Protect Ltd (BOM:526711) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 604, G.I.D.C. Estate, Vitthal Udyognagar, Anand, GJ, IND, 388121

Website

https://www.adarshplant.com

Adarsh Plant Protect Ltd offers products in industrial packaging (Barrels), Agriculture equipment, and Smokeless chulhas. APPL has an in-house research and product development center to design products. The operating segments of the company are Industrial Packaging, Agriculture and Plant Protection, and Smokeless Chulha and Ecostove. The company generates the majority of its revenue from Industrial Packaging. The Industrial Packaging segment caters to the packing needs of various industries across the chemical, oil, lubricants, and pharmaceutical sectors. The division has an in-house manufacturing unit, storage, and fleet to make just-in-time delivery.

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