Shree Ganesh Remedies (BOM:540737) ROCE % : 19.66% (As of Dec. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Shree Ganesh Remedies 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. Shree Ganesh Remedies's annualized ROCE % for the quarter that ended in Dec. 2024 was 19.66%.

Shree Ganesh Remedies ROCE % Historical Data

The historical data trend for Shree Ganesh Remedies'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.

* Premium members only.

Shree Ganesh Remedies ROCE % Chart

Shree Ganesh Remedies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

33.27

27.91

32.23

24.86

28.42

Shree Ganesh Remedies 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															22.45	42.48	17.47	22.55	19.66

Shree Ganesh Remedies ROCE % Calculation

Shree Ganesh Remedies'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 )
	=	387.056	/	( ( (1438.336 - 237.4)	+	(1709.351 - 186.808) )	/ 2 )
	=	387.056	/	( (1200.936	+	1522.543)	/ 2 )
	=	387.056	/	1361.7395
	=	28.42 %

Shree Ganesh Remedies'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 )
	=	316.412	/	( ( (1783.048 - 173.724)	+	(0 - 0) )	/ 1 )
	=	316.412	/	( ( 1609.324	+	0 )	/ 1 )
	=	316.412	/	1609.324
	=	19.66 %

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

Shree Ganesh Remedies (BOM:540737) 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.

Shree Ganesh Remedies ROCE % Related Terms

Thank you for viewing the detailed overview of Shree Ganesh Remedies's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Shree Ganesh Remedies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Shree Ganesh Remedies Ltd (BOM:540737) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Plot No. 6002, 6003, 6011 & 6012, GIDC Industrial Estate, Bharuch, Ankleshwar, GJ, IND, 393001

Website

https://www.ganeshremedies.com

Shree Ganesh Remedies Ltd manufactures drug intermediates, chemicals, and specialty fine chemicals for the pharmaceutical industry. The company offers pharmaceutical and specialty chemical products, including Trityl chloride, Furoyl chloride, and Dinitolmide. The company's business falls under the primary segment of Bulk Drug Intermediaries.

Shree Ganesh Remedies Headlines

No Headlines