Gujarat Alkalies & Chemicals (BOM:530001) ROCE % : -0.26% (As of Dec. 2024)

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What is Gujarat Alkalies & Chemicals 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. Gujarat Alkalies & Chemicals's annualized ROCE % for the quarter that ended in Dec. 2024 was -0.26%.

Gujarat Alkalies & Chemicals ROCE % Historical Data

The historical data trend for Gujarat Alkalies & Chemicals'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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Gujarat Alkalies & Chemicals ROCE % Chart

Gujarat Alkalies & Chemicals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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9.67

4.16

12.04

9.67

-3.50

Gujarat Alkalies & Chemicals 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															-6.10	-5.09	-2.17	-0.26	-0.26

Gujarat Alkalies & Chemicals ROCE % Calculation

Gujarat Alkalies & Chemicals'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 )
	=	-2581.967	/	( ( (83347.483 - 8398.501)	+	(80233.908 - 7445.677) )	/ 2 )
	=	-2581.967	/	( (74948.982	+	72788.231)	/ 2 )
	=	-2581.967	/	73868.6065
	=	-3.50 %

Gujarat Alkalies & Chemicals'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 )
	=	-195.6	/	( ( (84130.8 - 10216.7)	+	(0 - 0) )	/ 1 )
	=	-195.6	/	( ( 73914.1	+	0 )	/ 1 )
	=	-195.6	/	73914.1
	=	-0.26 %

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

Gujarat Alkalies & Chemicals (BOM:530001) 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.

Gujarat Alkalies & Chemicals ROCE % Related Terms

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Gujarat Alkalies & Chemicals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Gujarat Alkalies & Chemicals Ltd (BOM:530001) » Definitions » ROCE %

Traded in Other Exchanges

GUJALKALI:India

Address

Vadodara Complex and Coelho Complex, P.O. Ranoli, Vadodara, GJ, IND, 391350

Website

https://www.gacl.com

Gujarat Alkalies & Chemicals Ltd is a chemical manufacturing company. The company's products basket comprises various products including caustic soda, chlorine, hydrochloric acid, hydrogen, chloromethanes, potassium hydroxide, potassium carbonate, sodium cyanide, hydrogen peroxide, and many others. It serves various industries such as soaps and detergents, glass, chemicals, fertilizers, textiles, alumina refining, water treatments, paper, pharmaceuticals, etc. both directly as well as through dealers. The company operates in a single segment namely, Chemicals, and caters to both domestic and international markets of which, a majority of its revenue is derived from its customers within India.

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