Polo Queen Industrial and Fintech (BOM:540717) ROCE % : 2.79% (As of Dec. 2024)

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What is Polo Queen Industrial and Fintech 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. Polo Queen Industrial and Fintech's annualized ROCE % for the quarter that ended in Dec. 2024 was 2.79%.

Polo Queen Industrial and Fintech ROCE % Historical Data

The historical data trend for Polo Queen Industrial and Fintech'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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Polo Queen Industrial and Fintech ROCE % Chart

Polo Queen Industrial and Fintech Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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0.35

0.93

2.01

2.80

Polo Queen Industrial and Fintech 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															3.12	4.39	2.72	2.86	2.79

Polo Queen Industrial and Fintech ROCE % Calculation

Polo Queen Industrial and Fintech'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 )
	=	54.45	/	( ( (2188.309 - 258.084)	+	(2116.105 - 155.301) )	/ 2 )
	=	54.45	/	( (1930.225	+	1960.804)	/ 2 )
	=	54.45	/	1945.5145
	=	2.80 %

Polo Queen Industrial and Fintech'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 )
	=	54.572	/	( ( (2216.308 - 259.319)	+	(0 - 0) )	/ 1 )
	=	54.572	/	( ( 1956.989	+	0 )	/ 1 )
	=	54.572	/	1956.989
	=	2.79 %

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

Polo Queen Industrial and Fintech (BOM:540717) 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.

Polo Queen Industrial and Fintech ROCE % Related Terms

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Polo Queen Industrial and Fintech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Polo Queen Industrial and Fintech Ltd (BOM:540717) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ganpatrao Kadam Marg, 303/4/5 , A to Z Industrial Estate, Lower Parel (West), Mumbai, MH, IND, 400013

Website

https://www.poloqueen.com

Polo Queen Industrial and Fintech Ltd has its activities spread over many businesses like production and marketing of FMCG products in the domestic market with supplies to the defense sector, development of I.T. Park, and trading in chemicals and minerals. Its operating segments include: Trading; Non-Banking Financial Business; Pharma and IT/ITES. Substantial revenue comes from the Trading segment.

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