Dalmia Industrial Development (BOM:539900) ROCE % : -1.53% (As of Jun. 2024)

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What is Dalmia Industrial Development 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. Dalmia Industrial Development's annualized ROCE % for the quarter that ended in Jun. 2024 was -1.53%.

Dalmia Industrial Development ROCE % Historical Data

The historical data trend for Dalmia Industrial Development'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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Dalmia Industrial Development ROCE % Chart

Dalmia Industrial Development Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-1.00

-2.83

-0.73

-1.04

-0.42

Dalmia Industrial Development Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															-1.20	-1.69	-0.78	1.47	-1.53

Dalmia Industrial Development ROCE % Calculation

Dalmia Industrial Development'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 )
	=	-0.868	/	( ( (286.188 - 80.099)	+	(449.897 - 243.575) )	/ 2 )
	=	-0.868	/	( (206.089	+	206.322)	/ 2 )
	=	-0.868	/	206.2055
	=	-0.42 %

Dalmia Industrial Development's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	-3.164	/	( ( (449.897 - 243.575)	+	(0 - 0) )	/ 1 )
	=	-3.164	/	( ( 206.322	+	0 )	/ 1 )
	=	-3.164	/	206.322
	=	-1.53 %

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

Dalmia Industrial Development (BOM:539900) 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.

Dalmia Industrial Development ROCE % Related Terms

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Dalmia Industrial Development Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Dalmia Industrial Development Ltd (BOM:539900) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Ganesh Chandra Avenue, 2A, 9th Floor, Room No. 8E, Kolkata, WB, IND, 700013

Website

http://www.dalmiaindustry.in

Dalmia Industrial Development Ltd is an India-based firm. The company is engaged in the business of buying and selling designer Indian ethnic sarees and other allied accessories. The firm is mainly into trading in sarees. The company product portfolio includes products like designer embroidered sarees, designer semi-embroidered sarees, printed sarees, traditional sarees, bridal suites, and various other products.

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