Shelter Pharma (BOM:543963) ROCE % : 25.00% (As of Sep. 2024)

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What is Shelter Pharma 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. Shelter Pharma's annualized ROCE % for the quarter that ended in Sep. 2024 was 25.00%.

Shelter Pharma ROCE % Historical Data

The historical data trend for Shelter Pharma'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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Shelter Pharma ROCE % Chart

Shelter Pharma Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

1.56

-3.08

31.17

57.43

32.89

Shelter Pharma Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial			70.66	49.48	34.76	25.02	25.00

Shelter Pharma ROCE % Calculation

Shelter Pharma'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 )
	=	84.934	/	( ( (214.484 - 62.478)	+	(379.148 - 14.749) )	/ 2 )
	=	84.934	/	( (152.006	+	364.399)	/ 2 )
	=	84.934	/	258.2025
	=	32.89 %

Shelter Pharma'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 )
	=	96.012	/	( ( (379.148 - 14.749)	+	(429.787 - 25.941) )	/ 2 )
	=	96.012	/	( ( 364.399	+	403.846 )	/ 2 )
	=	96.012	/	384.1225
	=	25.00 %

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

Shelter Pharma (BOM:543963) 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.

Shelter Pharma ROCE % Related Terms

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Shelter Pharma Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Shelter Pharma Ltd (BOM:543963) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Opp. MJ Library Ashram Road, 5th Floor, 501 Sakar 4, Paldi, Ellisbridge, Ahmedabad, GJ, IND, 380006

Website

https://www.shelter.co.in

Shelter Pharma Ltd focuses in manufacturing herbal products with a well-built presence in Human Pharma as well as the Veterinary space. It is present in most of the non-critical segments of human and veterinary pharma through its well-spread portfolio. Its products include tablets, syrups, baby drops, barley water, oils, powders, ointments, etc.

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