Lambodhara Textiles (BOM:590075) ROCE % : 15.66% (As of Sep. 2024)

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What is Lambodhara Textiles 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. Lambodhara Textiles's annualized ROCE % for the quarter that ended in Sep. 2024 was 15.66%.

Lambodhara Textiles ROCE % Historical Data

The historical data trend for Lambodhara Textiles'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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Lambodhara Textiles ROCE % Chart

Lambodhara Textiles Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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11.28

14.67

18.66

16.45

6.46

Lambodhara Textiles Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															7.83	5.64	3.42	9.07	15.66

Lambodhara Textiles ROCE % Calculation

Lambodhara Textiles'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 )
	=	106.684	/	( ( (1894.942 - 250.257)	+	(1922.85 - 264.528) )	/ 2 )
	=	106.684	/	( (1644.685	+	1658.322)	/ 2 )
	=	106.684	/	1651.5035
	=	6.46 %

Lambodhara Textiles'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: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	267.62	/	( ( (0 - 0)	+	(1973.415 - 264.946) )	/ 1 )
	=	267.62	/	( ( 0	+	1708.469 )	/ 1 )
	=	267.62	/	1708.469
	=	15.66 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

Lambodhara Textiles (BOM:590075) 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.

Lambodhara Textiles ROCE % Related Terms

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Lambodhara Textiles Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lambodhara Textiles Ltd (BOM:590075) » Definitions » ROCE %

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LAMBODHARA:India

Address

1075-B, Avinashi Road, 3A, 3rd Floor, B Block, Pioneer Apartments, Coimbatore, TN, IND, 641018

Website

https://www.lambodharatextiles.com

Lambodhara Textiles Ltd is an India-based operates in the textile division. The business activity of the group includes the manufacturing of synthetic yarn. It operates through the Textile, Power Generation, and Real Estate segments. It offers products related to yarn such as Slub yarns, Multicount and multi-twist yarns, Siro yarns, and Neppy yarns, among others. The company derives revenues from the sale of manufactured goods and stock in trade. The company derives the majority of its revenue from the Textiles segment.

Lambodhara Textiles Headlines

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