Swashthik Plascon (BOM:544035) ROCE % : 12.93% (As of Sep. 2024)

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What is Swashthik Plascon 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. Swashthik Plascon's annualized ROCE % for the quarter that ended in Sep. 2024 was 12.93%.

Swashthik Plascon ROCE % Historical Data

The historical data trend for Swashthik Plascon'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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Swashthik Plascon ROCE % Chart

Swashthik Plascon Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

13.68

13.49

16.35

17.85

Swashthik Plascon Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial			-	-	32.54	14.71	12.93

Swashthik Plascon ROCE % Calculation

Swashthik Plascon'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 )
	=	150.158	/	( ( (1107.626 - 599.904)	+	(1493.004 - 317.95) )	/ 2 )
	=	150.158	/	( (507.722	+	1175.054)	/ 2 )
	=	150.158	/	841.388
	=	17.85 %

Swashthik Plascon'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 )
	=	161.782	/	( ( (1493.004 - 317.95)	+	(1654.027 - 327.264) )	/ 2 )
	=	161.782	/	( ( 1175.054	+	1326.763 )	/ 2 )
	=	161.782	/	1250.9085
	=	12.93 %

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

Swashthik Plascon (BOM:544035) 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.

Swashthik Plascon ROCE % Related Terms

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Swashthik Plascon Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Swashthik Plascon Ltd (BOM:544035) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. A75 - A76, PIPDIC Electronic Park, Thirubuvanai, Mannadipet Commune, Puducherry, KL, IND, 605107

Website

https://www.swashthikplascon.com

Swashthik Plascon Ltd is mainly engaged in the business of manufacturing a wide range of PET bottles and PET preforms which includes PET bottles for pharmaceutical applications, liquor applications, FMCG packaging, household applications, dish wash liquid packaging, repellent dispensers etc and PET preforms for soft drinks bottles, packaged drinking water bottle and juice bottles.

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