Lakhotia Polyesters (India) (BOM:535387) ROCE % : 76.15% (As of Dec. 2024)

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What is Lakhotia Polyesters (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. Lakhotia Polyesters (India)'s annualized ROCE % for the quarter that ended in Dec. 2024 was 76.15%.

Lakhotia Polyesters (India) ROCE % Historical Data

The historical data trend for Lakhotia Polyesters (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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Lakhotia Polyesters (India) ROCE % Chart

Lakhotia Polyesters (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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4.59

-3.08

-0.36

-16.37

9.34

Lakhotia Polyesters (India) 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															25.79	2.00	-1.39	42.04	76.15

Lakhotia Polyesters (India) ROCE % Calculation

Lakhotia Polyesters (India)'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 )
	=	8.319	/	( ( (238.689 - 150.78)	+	(172.768 - 82.583) )	/ 2 )
	=	8.319	/	( (87.909	+	90.185)	/ 2 )
	=	8.319	/	89.047
	=	9.34 %

Lakhotia Polyesters (India)'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 )
	=	90.536	/	( ( (333.024 - 214.14)	+	(0 - 0) )	/ 1 )
	=	90.536	/	( ( 118.884	+	0 )	/ 1 )
	=	90.536	/	118.884
	=	76.15 %

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

Lakhotia Polyesters (India) (BOM:535387) 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.

Lakhotia Polyesters (India) ROCE % Related Terms

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Lakhotia Polyesters (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lakhotia Polyesters (India) Ltd (BOM:535387) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

158/159 Samaratha Sahkari Aydyogik Vasahat, Pimpal- Gaon (Baswant), Tal Niphad, Nashik, MH, IND, 422209

Website

https://www.lakhotiapoly.in

Lakhotia Polyesters (India) Ltd manufactures and sells polyester lacqured and coated films, grey fabrics, transfer foil and slitted M type, MH type, MX type and ST type yarns. The company also manufactures chemical resistant films. The company's product also includes the manufacturing of yarns, packaging films, printing films, and chemicals, among others.

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