Padmanabh Industries (BOM:526905) ROCE % : 8.81% (As of Sep. 2024)

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What is Padmanabh 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. Padmanabh Industries's annualized ROCE % for the quarter that ended in Sep. 2024 was 8.81%.

Padmanabh Industries ROCE % Historical Data

The historical data trend for Padmanabh 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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Padmanabh Industries ROCE % Chart

Padmanabh Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-62.00

-8.46

-88.75

-0.25

-9.93

Padmanabh Industries 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															-6.13	-36.26	10.23	-56.04	8.81

Padmanabh Industries ROCE % Calculation

Padmanabh 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 )
	=	-0.572	/	( ( (15.344 - 9.296)	+	(15.325 - 9.85) )	/ 2 )
	=	-0.572	/	( (6.048	+	5.475)	/ 2 )
	=	-0.572	/	5.7615
	=	-9.93 %

Padmanabh Industries'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 )
	=	0.424	/	( ( (0 - 0)	+	(12.936 - 8.121) )	/ 1 )
	=	0.424	/	( ( 0	+	4.815 )	/ 1 )
	=	0.424	/	4.815
	=	8.81 %

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

Padmanabh Industries (BOM:526905) 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.

Padmanabh Industries ROCE % Related Terms

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Padmanabh Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Padmanabh Industries Ltd (BOM:526905) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ashram Road, 203 Abhishek Complex, Mamta Park Society B/H, NAV Gujarat College, Ambawadi, Ahmedabad, GJ, IND, 380014

Website

https://www.padmanabhindustries.in

Padmanabh Industries Ltd is engaged in the business of Trading Activities. It produces manufacturing, refining, manipulating, using, buying, importing, or otherwise acquiring using, selling, distributing, exporting deals in, and disposing of dyes and chemicals (synthetic or non-synthetic), coal-tar, dyes, dyes intermediates, and dyes of all other types and description pharmaceutical surface active agents. It also engaged in the business of Builders, Masoners, and General Construction and Contractors and carries on the business of the proprietors of lands, flats maisonettes, dwelling houses, shops, offices, industrial estates, lessees of lands, flats, and other immoveable properties and for these purposes to purchase, take on lease.

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