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Dindigul farm Product (BOM:544201) ROCE % : 1,041.24% (As of Mar. 2023)


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What is Dindigul farm Product 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. Dindigul farm Product's annualized ROCE % for the quarter that ended in Mar. 2023 was 1,041.24%.

Dindigul farm Product ROCE % Historical Data

The historical data trend for Dindigul farm Product'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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Dindigul farm Product ROCE % Chart

Dindigul farm Product Annual Data
Trend Mar20 Mar21 Mar22 Mar23
ROCE %
- - -159.68 1,041.24

Dindigul farm Product Semi-Annual Data
Mar20 Mar21 Mar22 Mar23
ROCE % - - -159.68 1,041.24

Dindigul farm Product ROCE % Calculation

Dindigul farm Product's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=77.468/( ( (249.645 - 269.103) + (289.984 - 255.646) )/ 2 )
=77.468/( (-19.458+34.338)/ 2 )
=77.468/7.44
=1,041.24 %

Dindigul farm Product's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2023 )  (Q: Mar. 2022 )(Q: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2023 )  (Q: Mar. 2022 )(Q: Mar. 2023 )
=77.468/( ( (249.645 - 269.103) + (289.984 - 255.646) )/ 2 )
=77.468/( ( -19.458 + 34.338 )/ 2 )
=77.468/7.44
=1,041.24 %

(1) Note: The EBIT data used here is one times the annual (Mar. 2023) 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.

Dindigul farm Product  (BOM:544201) 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.

Dindigul farm Product ROCE % Related Terms

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Dindigul farm Product Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dindigul farm Product Ltd (BOM:544201) » Definitions » ROCE %
Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 2/52-3, Pillaiyarnatham, Pithalaipatty Post, Dindigul, TN, IND, 624002
Website
https://www.ennutrica.com
Dindigul farm Product Ltd is engaged in the processing of whole milk and skimmed milk to make dairy ingredients including milk protein concentrates, skimmed milk powder, dairy whitener, whey protein concentrate, milk whey powder, casein, unbranded cream, butter and fat-filled powders for infant milk formula. The company's products include Milk Protein Concentrate (MPC), Skimmed Milk Powder (SMP), Whey Powder (WP), and Casein, Sodium Caseinate, Fat Filled Powder, etc.

Dindigul farm Product Headlines

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