Sigachi Industries (BOM:543389) ROCE % : 21.89% (As of Dec. 2024)

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What is Sigachi Industries 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. Sigachi Industries's annualized ROCE % for the quarter that ended in Dec. 2024 was 21.89%.

Sigachi Industries ROCE % Historical Data

The historical data trend for Sigachi Industries'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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Sigachi Industries ROCE % Chart

Sigachi Industries Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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45.35

45.84

31.06

21.54

18.63

Sigachi Industries Quarterly Data
	Mar19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															19.17	13.89	15.45	20.54	21.89

Sigachi Industries ROCE % Calculation

Sigachi Industries'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 )
	=	750.354	/	( ( (3737.469 - 746.259)	+	(6941.565 - 1878.233) )	/ 2 )
	=	750.354	/	( (2991.21	+	5063.332)	/ 2 )
	=	750.354	/	4027.271
	=	18.63 %

Sigachi Industries'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 )
	=	1221.14	/	( ( (7527.534 - 1948.284)	+	(0 - 0) )	/ 1 )
	=	1221.14	/	( ( 5579.25	+	0 )	/ 1 )
	=	1221.14	/	5579.25
	=	21.89 %

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

Sigachi Industries (BOM:543389) 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.

Sigachi Industries ROCE % Related Terms

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Sigachi Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Sigachi Industries Ltd (BOM:543389) » Definitions » ROCE %

Traded in Other Exchanges

SIGACHI:India

Address

No. 229/1 & 90, Kalyan’s Tulsiram Chambers, Madinaguda, Hyderabad, TG, IND, 500 049

Website

https://www.sigachi.com

Sigachi Industries Ltd is engaged in the manufacturing of Microcrystalline Cellulose (MCC), which is widely used as an excipient for finished dosages in the pharmaceutical industry. The Company is mainly pursuing only one activity which is manufacturing and selling of MCC. The company manufactures MCC of various grades ranging from 15 microns to 250 microns and the crucial grades of MCC manufactured and marketed by the company are branded as HiCel and AceCel.

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