Shyam Century Ferrous (BOM:539252) ROCE % : 0.11% (As of Dec. 2024)

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What is Shyam Century Ferrous 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. Shyam Century Ferrous's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.11%.

Shyam Century Ferrous ROCE % Historical Data

The historical data trend for Shyam Century Ferrous'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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Shyam Century Ferrous ROCE % Chart

Shyam Century Ferrous Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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0.07

1.28

51.89

21.79

0.96

Shyam Century Ferrous 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															4.19	-5.23	-6.55	-8.81	0.11

Shyam Century Ferrous ROCE % Calculation

Shyam Century Ferrous'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 )
	=	15.648	/	( ( (1818.375 - 191.785)	+	(1792.899 - 156.996) )	/ 2 )
	=	15.648	/	( (1626.59	+	1635.903)	/ 2 )
	=	15.648	/	1631.2465
	=	0.96 %

Shyam Century Ferrous'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 )
	=	1.756	/	( ( (1776.581 - 122.048)	+	(0 - 0) )	/ 1 )
	=	1.756	/	( ( 1654.533	+	0 )	/ 1 )
	=	1.756	/	1654.533
	=	0.11 %

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

Shyam Century Ferrous (BOM:539252) 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.

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Shyam Century Ferrous Business Description

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SHYAMCENT:India

Address

Taratala Main Road, P-15/1, 2nd Floor, Century House, CPT Colony, Taratala, Kolkata, WB, IND, 700088

Website

https://www.shyamcenturyferrous.com

Shyam Century Ferrous Ltd is involved in the steel business sector. The company is engaged in the manufacture and sale of Ferro Alloys and the generation of Power. The manufacturing unit is located at Byrnihat, Meghalaya. The company is selling its product across India. Ferro-silicon is one of the prime raw ingredients of Stainless steel and small quantities in Mild Steel i.e. MS steel. The company only caters to the Indian market.

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