Agarwal Industrial (BOM:531921) ROCE % : 22.77% (As of Dec. 2024)

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What is Agarwal Industrial 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. Agarwal Industrial's annualized ROCE % for the quarter that ended in Dec. 2024 was 22.77%.

Agarwal Industrial ROCE % Historical Data

The historical data trend for Agarwal Industrial'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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Agarwal Industrial ROCE % Chart

Agarwal Industrial Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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25.74

27.50

29.22

28.85

24.75

Agarwal Industrial 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															27.87	29.31	29.73	14.90	22.77

Agarwal Industrial ROCE % Calculation

Agarwal Industrial'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 )
	=	1465.075	/	( ( (7495.823 - 2584.446)	+	(11199.691 - 4273.704) )	/ 2 )
	=	1465.075	/	( (4911.377	+	6925.987)	/ 2 )
	=	1465.075	/	5918.682
	=	24.75 %

Agarwal Industrial'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 )
	=	1629.092	/	( ( (10495.392 - 3340.658)	+	(0 - 0) )	/ 1 )
	=	1629.092	/	( ( 7154.734	+	0 )	/ 1 )
	=	1629.092	/	7154.734
	=	22.77 %

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

Agarwal Industrial (BOM:531921) 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.

Agarwal Industrial ROCE % Related Terms

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Agarwal Industrial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Agarwal Industrial Corp Ltd (BOM:531921) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

AGARIND:India

Address

S.T. Road, V.N. Purav Marg, Plot Number 12, Eastern Court, Unit No. 201-202, Chembur, Mumbai, MH, IND, 400 071

Website

https://www.aicltd.in

Agarwal Industrial Corp Ltd is engaged in manufacturing and trading petrochemicals, Bitumen and Liquefied Petroleum Gas (LPG) logistics, and energy generation through windmills. The company's operating segment includes the Ancillary Infra - Bitumen & Allied products; Logistics and Windmill. It generates maximum revenue from the Ancillary Infra - Bitumen & Allied products segment, including Bituminous and Allied Products. The company's product categories include Paving Grade Bitumen; Industrial Grade Bitumen; Bitumen Emulsion for Road Construction; CRMB: Crumb Rubber Modified Bitumen; Polymer Modified bitumen (PMB); Byproducts/Waterproofing materials; and Bituminous Expansion Jointing Boards.

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