Allied Blenders and Distillers (BOM:544203) ROCE % : 20.69% (As of Sep. 2024)

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What is Allied Blenders and Distillers 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. Allied Blenders and Distillers's annualized ROCE % for the quarter that ended in Sep. 2024 was 20.69%.

Allied Blenders and Distillers ROCE % Historical Data

The historical data trend for Allied Blenders and Distillers'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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Allied Blenders and Distillers ROCE % Chart

Allied Blenders and Distillers Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

37.83

29.18

24.39

24.18

23.69

Allied Blenders and Distillers Semi-Annual Data
	Mar19	Mar20	Mar21	Mar22	Mar23	Sep23	Sep24
ROCE %	Get a 7-Day Free Trial			-	-	-	34.90	20.69

Allied Blenders and Distillers ROCE % Calculation

Allied Blenders and Distillers'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 )
	=	1409.18	/	( ( (22483.49 - 16296.76)	+	(24877.02 - 19164.45) )	/ 2 )
	=	1409.18	/	( (6186.73	+	5712.57)	/ 2 )
	=	1409.18	/	5949.65
	=	23.69 %

Allied Blenders and Distillers'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: Sep. 2023 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Sep. 2023 )		(Q: Sep. 2024 )
	=	2977.874	/	( ( (0 - 0)	+	(32032.779 - 17639.913) )	/ 1 )
	=	2977.874	/	( ( 0	+	14392.866 )	/ 1 )
	=	2977.874	/	14392.866
	=	20.69 %

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

Allied Blenders and Distillers (BOM:544203) 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.

Allied Blenders and Distillers ROCE % Related Terms

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Allied Blenders and Distillers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Allied Blenders and Distillers Ltd (BOM:544203) » Definitions » ROCE %

Traded in Other Exchanges

ABDL:India

Address

Shankar Rao Naram Marg, Ashford Centre, 3rd and 4th floor, Lower Parel West, Mumbai, MH, IND, 400013

Website

https://www.abdindia.com

Allied Blenders and Distillers Ltd is an Indian-owned Indian-made foreign liquor (IMFL) company that manufactures, purchases, and sells alcoholic beverages. Its product range includes five categories of IMFL, i.e., whisky, brandy, rum, vodka, and gin, and it also sells packaged drinking water. The company sells the products under the brand names: Officer's Choice Whisky, Officer's Choice Blue, Sterling Reserve, and ICONiQ Whisky brand. Geographically, the company generates maximum revenue within India and the rest from outside India.

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