Tamil Nadu Newsprint & Papers (BOM:531426) ROCE % : -1.25% (As of Dec. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Tamil Nadu Newsprint & Papers 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. Tamil Nadu Newsprint & Papers's annualized ROCE % for the quarter that ended in Dec. 2024 was -1.25%.

Tamil Nadu Newsprint & Papers ROCE % Historical Data

The historical data trend for Tamil Nadu Newsprint & Papers'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.

* Premium members only.

Tamil Nadu Newsprint & Papers ROCE % Chart

Tamil Nadu Newsprint & Papers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

12.05

2.29

4.38

21.36

14.53

Tamil Nadu Newsprint & Papers 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															8.70	8.29	9.69	7.26	-1.25

Tamil Nadu Newsprint & Papers ROCE % Calculation

Tamil Nadu Newsprint & Papers'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 )
	=	5155.002	/	( ( (61230.745 - 26020.035)	+	(60448.62 - 24688.251) )	/ 2 )
	=	5155.002	/	( (35210.71	+	35760.369)	/ 2 )
	=	5155.002	/	35485.5395
	=	14.53 %

Tamil Nadu Newsprint & Papers'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 )
	=	-428	/	( ( (61210.7 - 26914.7)	+	(0 - 0) )	/ 1 )
	=	-428	/	( ( 34296	+	0 )	/ 1 )
	=	-428	/	34296
	=	-1.25 %

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

Tamil Nadu Newsprint & Papers (BOM:531426) 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.

Tamil Nadu Newsprint & Papers ROCE % Related Terms

Thank you for viewing the detailed overview of Tamil Nadu Newsprint & Papers's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Tamil Nadu Newsprint & Papers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Tamil Nadu Newsprint & Papers Ltd (BOM:531426) » Definitions » ROCE %

Traded in Other Exchanges

TNPL:India

Address

67, Mount Road, Guindy, Chennai, TN, IND, 600 032

Website

https://www.tnpl.com

Tamil Nadu Newsprint & Papers Ltd is engaged in the business of printing and writing paper. It operates in two segments Paper & Paper Board and Energy. Paper & Paper Board is involved in the Manufacturing and selling of Paper and Paper boards, and the Energy involved in the Generation of Power through TGs and Windmills for captive consumption and for export of power. Its products include Paper, Packaging Board, Cement, and Marketing Network.

Tamil Nadu Newsprint & Papers Headlines

No Headlines