Naturo Agrotech India (BOM:543579) ROCE % : 2.46% (As of Sep. 2024)

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What is Naturo Agrotech India 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. Naturo Agrotech India's annualized ROCE % for the quarter that ended in Sep. 2024 was 2.46%.

Naturo Agrotech India ROCE % Historical Data

The historical data trend for Naturo Agrotech India'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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Naturo Agrotech India ROCE % Chart

Naturo Agrotech India Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

129.90

27.39

14.93

7.69

3.77

Naturo Agrotech India Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial			5.47	7.72	5.81	2.39	2.46

Naturo Agrotech India ROCE % Calculation

Naturo Agrotech India'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 )
	=	12.173	/	( ( (289.599 - 41.396)	+	(920.931 - 524.121) )	/ 2 )
	=	12.173	/	( (248.203	+	396.81)	/ 2 )
	=	12.173	/	322.5065
	=	3.77 %

Naturo Agrotech India's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	11.142	/	( ( (920.931 - 524.121)	+	(876.563 - 367.445) )	/ 2 )
	=	11.142	/	( ( 396.81	+	509.118 )	/ 2 )
	=	11.142	/	452.964
	=	2.46 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

Naturo Agrotech India (BOM:543579) 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.

Naturo Agrotech India ROCE % Related Terms

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Naturo Agrotech India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Naturo Agrotech India Ltd (BOM:543579) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shipra Path, House No.M-43 And 44, Raghu Vihar, M Block, Mansarovar, Jaipur, RJ, IND, 302020

Website

https://www.naturoindiabull.com

Naturo Indiabull Ltd is in the business of the fast-moving consumer goods industry. The brand purchases a variety of products from manufacturers and sells them in its own brand directly to wholesellers and through agents. It carries on the business of garments, textiles, jewellery, FMCG, Real Estate, Stone-Mines, Herbal Products, Automobile, Printing, Share Trading, providing education, Agriculture Seeds and Fertilizers, Hospitality, and Food items. It also trades in various health products and kits including sanitary towels, sanitary napkins, hand sanitiser, and other health kits.

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