Mangalam Seeds (BOM:539275) ROCE % : 10.55% (As of Dec. 2024)

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What is Mangalam Seeds 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. Mangalam Seeds's annualized ROCE % for the quarter that ended in Dec. 2024 was 10.55%.

Mangalam Seeds ROCE % Historical Data

The historical data trend for Mangalam Seeds'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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Mangalam Seeds ROCE % Chart

Mangalam Seeds Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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14.91

19.71

15.21

25.88

23.90

Mangalam Seeds 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															34.79	12.24	22.78	13.25	10.55

Mangalam Seeds ROCE % Calculation

Mangalam Seeds'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 )
	=	185.331	/	( ( (780.618 - 155.79)	+	(1353.371 - 427.173) )	/ 2 )
	=	185.331	/	( (624.828	+	926.198)	/ 2 )
	=	185.331	/	775.513
	=	23.90 %

Mangalam Seeds'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 )
	=	104.016	/	( ( (1518.256 - 532.739)	+	(0 - 0) )	/ 1 )
	=	104.016	/	( ( 985.517	+	0 )	/ 1 )
	=	104.016	/	985.517
	=	10.55 %

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

Mangalam Seeds (BOM:539275) 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.

Mangalam Seeds ROCE % Related Terms

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Mangalam Seeds Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Mangalam Seeds Ltd (BOM:539275) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

202, Sampada Complex, Mithakhali Six Roads, Behind Tulsi Complex, Navarangpura, Ahmedabad, GJ, IND, 380009

Website

http://www.mangalamseeds.com

Mangalam Seeds Ltd is engaged in the production, sale, and marketing of agricultural seeds and chemicals. It operates in one segment which is the Sale of seeds. The company offers products under categories, such as cotton, moong, cumin, castor, mustard, cumin, fennel, jawar fodder, and vegetable. The company has its marketing channel in Gujarat and Rajasthan, comprising several distributors, dealers, and retailers to support marketing.

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