Jindal Poly Investment and Finance Co.Ltd (BOM:536773) ROCE % : 4.90% (As of Dec. 2024)

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What is Jindal Poly Investment and Finance Co.Ltd 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. Jindal Poly Investment and Finance Co.Ltd's annualized ROCE % for the quarter that ended in Dec. 2024 was 4.90%.

Jindal Poly Investment and Finance Co.Ltd ROCE % Historical Data

The historical data trend for Jindal Poly Investment and Finance Co.Ltd'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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Jindal Poly Investment and Finance Co.Ltd ROCE % Chart

Jindal Poly Investment and Finance Co.Ltd Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-18.41

7.28

52.76

20.68

11.65

Jindal Poly Investment and Finance Co.Ltd 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															16.20	14.58	8.40	20.02	4.90

Jindal Poly Investment and Finance Co.Ltd ROCE % Calculation

Jindal Poly Investment and Finance Co.Ltd'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 )
	=	2993.105	/	( ( (24219.987 - 5.13)	+	(27209.107 - 19.193) )	/ 2 )
	=	2993.105	/	( (24214.857	+	27189.914)	/ 2 )
	=	2993.105	/	25702.3855
	=	11.65 %

Jindal Poly Investment and Finance Co.Ltd'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 )
	=	1380	/	( ( (28156.7 - 1)	+	(0 - 0) )	/ 1 )
	=	1380	/	( ( 28155.7	+	0 )	/ 1 )
	=	1380	/	28155.7
	=	4.90 %

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

Jindal Poly Investment and Finance Co.Ltd (BOM:536773) 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.

Jindal Poly Investment and Finance Co.Ltd ROCE % Related Terms

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Jindal Poly Investment and Finance Co.Ltd Business Description

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JPOLYINVST:India

Address

Plot Number 12, Local Shopping Complex, Sector B-1, Vasant Kunj, New Delhi, IND, 110070

Website

http://www.jpifcl.com

Jindal Poly Investment and Finance Co.Ltd is an Indian-based company engaged in the business of investment and holding the investment. It holds a large investment in equity shares of Jindal India Powertech Limited and has certain other investments in other Groups of Companies and Mutual Funds. The company focuses on making long-term strategic investments in various new ventures promoted by the Group, besides consolidating the existing investments through further investments in the existing companies.

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