Vikas Proppant & Granite (BOM:531518) ROCE %: -0.13% (As of Dec. 2021)


BOM:531518 Vikas Proppant & Granite Ltd BOM:531518
4 GF Score
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What is Vikas Proppant & Granite ROCE %?

Vikas Proppant & Granite BOM:531518 -3.57% 4 ROCE % is -0.13% as of Dec. 2021. GuruFocus rates BOM:531518 with a GF Score™ of 4/100.

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. Vikas Proppant & Granite's annualized ROCE % for the quarter that ended in Dec. 2021 was -0.13%.

Vikas Proppant & Granite  (BOM:531518) 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.

Vikas Proppant & Granite ROCE % Related Terms

Vikas Proppant & Granite ROCE % Historical Data

* Premium members only.

The historical data trend for Vikas Proppant & Granite'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.

Vikas Proppant & Granite ROCE % Chart

Vikas Proppant & Granite Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.96 -6.83 37.42 2.53 0.12

Vikas Proppant & Granite Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.10 -8.67 -0.54 -0.06 -0.13
BOM:531518
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Vikas Proppant & Granite Ltd BOM:531518
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Vikas Proppant & Granite ROCE % Calculation

Vikas Proppant & Granite's annualized ROCE % for the fiscal year that ended in Mar. 2021 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2021 )  (A: Mar. 2020 )(A: Mar. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2021 )  (A: Mar. 2020 )(A: Mar. 2021 )
=2.368/( ( (4043.069 - 2049.751) + (3888.929 - 2000.981) )/ 2 )
=2.368/( (1993.318+1887.948)/ 2 )
=2.368/1940.633
=0.12 %

Vikas Proppant & Granite's ROCE % of for the quarter that ended in Dec. 2021 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2021 )  (Q: Sep. 2021 )(Q: Dec. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2021 )  (Q: Sep. 2021 )(Q: Dec. 2021 )
=-2.46/( ( (3889.772 - 2004.708) + (0 - 0) )/ 1 )
=-2.46/( ( 1885.064 + 0 )/ 1 )
=-2.46/1885.064
=-0.13 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2021) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -0.13% mean?
Vikas Proppant & Granite (BOM:531518) has a ROCE % of -0.13% as of Dec. 2021.
Is Vikas Proppant & Granite's ROCE % too high?
Vikas Proppant & Granite's current ROCE % is -0.13%. Overall, Vikas Proppant & Granite has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Vikas Proppant & Granite's ROCE % compare to CTVA and MOS?
Vikas Proppant & Granite's ROCE % of -0.13% can be compared against companies in the Agriculture industry. The industry median ROCE % is 9.49. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Agriculture company?
The median ROCE % among Agriculture companies is 9.49, based on 252 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Agriculture industry, the median ROCE % is 9.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vikas Proppant & Granite's current ROCE % is -0.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vikas Proppant & Granite stock overvalued right now?
Vikas Proppant & Granite (BOM:531518) has a current ROCE % of -0.13%. The current ROCE % is -0.13%. Vikas Proppant & Granite's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Vikas Proppant & Granite (BOM:531518), the current ROCE % is -0.13% as of Dec. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Vikas Proppant & Granite Business Description

Address F88/89, RIICO Industrial Area, Udyog Viihar, Sri Ganganagar, Siwani, RJ, IND, 335002
Vikas Proppant & Granite Ltd is an India-based company engaged in manufacturing and grading of guar gum powder and grading of guar splits and its derivatives. Its product includes Adicol which is a Guar Gum Powder with applications in various industries and products. The company's product has its applications in bakery products, ice creams, pudding, noodles, frozen food, baby-food, vital fiber-food, instant-mixes, sauce-soups, and pet-food.
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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