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Sudarshan Pharma Industries (BOM:543828) ROCE % : 24.90% (As of Sep. 2024)


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What is Sudarshan Pharma 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. Sudarshan Pharma Industries's annualized ROCE % for the quarter that ended in Sep. 2024 was 24.90%.


Sudarshan Pharma Industries ROCE % Historical Data

The historical data trend for Sudarshan Pharma 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.

* Premium members only.

Sudarshan Pharma Industries ROCE % Chart

Sudarshan Pharma Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
Get a 7-Day Free Trial 17.97 24.70 31.44 18.92 19.55

Sudarshan Pharma Industries Semi-Annual Data
Mar17 Mar18 Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.18 17.40 16.60 22.00 24.90

Sudarshan Pharma Industries ROCE % Calculation

Sudarshan Pharma 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 )
=230.98/( ( (2324.78 - 1184.768) + (2831.255 - 1608.241) )/ 2 )
=230.98/( (1140.012+1223.014)/ 2 )
=230.98/1181.513
=19.55 %

Sudarshan Pharma Industries'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 )
=310.7/( ( (2831.255 - 1608.241) + (3202.306 - 1930.115) )/ 2 )
=310.7/( ( 1223.014 + 1272.191 )/ 2 )
=310.7/1247.6025
=24.90 %

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

* 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.


Sudarshan Pharma Industries  (BOM:543828) 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.


Sudarshan Pharma Industries ROCE % Related Terms

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Sudarshan Pharma Industries Business Description

Traded in Other Exchanges
N/A
Address
S V Road, 301, 3rd Floor, Aura Biplex, Above Kalyan Jewellers, Borivali (West), Mumbai, MH, IND, 400092
Sudarshan Pharma Industries Ltd is engaged in business in Pharmaceutical formulation & Chemical - Bulk drugs, API, Specialty chemicals, and Solvents in India and abroad.

Sudarshan Pharma Industries Headlines

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