Rossell India (BOM:533168) ROCE % : 7.57% (As of Dec. 2023)

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What is Rossell India 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. Rossell India's annualized ROCE % for the quarter that ended in Dec. 2023 was 7.57%.

Rossell India ROCE % Historical Data

The historical data trend for Rossell India'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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Rossell India ROCE % Chart

Rossell India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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5.63

28.00

22.25

16.36

14.08

Rossell India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															3.71	-21.90	6.40	40.09	7.57

Rossell India ROCE % Calculation

Rossell India's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	407.877	/	( ( (4479.506 - 1738.549)	+	(5137.23 - 2083.155) )	/ 2 )
	=	407.877	/	( (2740.957	+	3054.075)	/ 2 )
	=	407.877	/	2897.516
	=	14.08 %

Rossell India's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	245.2	/	( ( (5878.4 - 2641)	+	(0 - 0) )	/ 1 )
	=	245.2	/	( ( 3237.4	+	0 )	/ 1 )
	=	245.2	/	3237.4
	=	7.57 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Rossell India (BOM:533168) 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.

Rossell India ROCE % Related Terms

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Rossell India (BOM:533168) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Rossell India Ltd (BOM:533168) » Definitions » ROCE %

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ROSSELLIND:India

Address

16, Barakhamba Road, DCM Building, 1st Floor, New Delhi, IND, 110001

Website

https://www.rossellindia.com

Rossell India Ltd is engaged in the cultivation, manufacture, and sale of tea and aviation products and services. The company carries out tea business under the name Rossell Tea and the aviation business under the name Rossell Techsys. Both the divisions of the company contribute almost equally to the company's revenue.

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