Harshdeep Hortico (BOM:544105) ROCE % : 25.18% (As of Sep. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Harshdeep Hortico 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. Harshdeep Hortico's annualized ROCE % for the quarter that ended in Sep. 2024 was 25.18%.

Harshdeep Hortico ROCE % Historical Data

The historical data trend for Harshdeep Hortico'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.

Harshdeep Hortico ROCE % Chart

Harshdeep Hortico Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

27.57

32.32

-0.04

47.30

Harshdeep Hortico Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial			-	-	14,516.88	29.83	25.18

Harshdeep Hortico ROCE % Calculation

Harshdeep Hortico'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 )
	=	92.977	/	( ( (0.489 - 0.015)	+	(449.465 - 56.817) )	/ 2 )
	=	92.977	/	( (0.474	+	392.648)	/ 2 )
	=	92.977	/	196.561
	=	47.30 %

Harshdeep Hortico'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 )
	=	102.23	/	( ( (449.465 - 56.817)	+	(480.949 - 61.503) )	/ 2 )
	=	102.23	/	( ( 392.648	+	419.446 )	/ 2 )
	=	102.23	/	406.047
	=	25.18 %

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

Harshdeep Hortico (BOM:544105) 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.

Harshdeep Hortico ROCE % Related Terms

Thank you for viewing the detailed overview of Harshdeep Hortico's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Harshdeep Hortico Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Harshdeep Hortico Ltd (BOM:544105) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Building No.1 Shree Sai Logistics, Survey No.18/2E 18/2P 17/2A, 17/2B Part, Elkunde, Bhiwandi, Thane, MH, IND, 421302

Website

https://harshdeepindia.com

Harshdeep Hortico Ltd is engaged in the business of designing, developing, manufacturing, and supplying various types of pots and planters: plastic Indoor Planters, Outdoor Planters, Illuminated Planters, Decorative Planters, Roto Moulded Planters, Fiber Reinforced Plastic (FRP) Planters, Eco series Planters etc. along with related accessories like Garden Hose Pipe & Water Can and Roto Moulded Outdoor Furniture. Its portfolio comprises of wide array of synthetic planters such as Illuminated planters, Indoor Series, Grower Planter Series, and Eco Series.

Harshdeep Hortico Headlines

No Headlines