Sharat Industries (BOM:890207) ROCE % : 22.91% (As of Dec. 2024)

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What is Sharat Industries 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. Sharat Industries's annualized ROCE % for the quarter that ended in Dec. 2024 was 22.91%.

Sharat Industries ROCE % Historical Data

The historical data trend for Sharat Industries'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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Sharat Industries ROCE % Chart

Sharat Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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13.73

12.46

12.32

18.87

17.40

Sharat Industries Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															14.42	8.86	26.18	27.84	22.91

Sharat Industries ROCE % Calculation

Sharat Industries'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 )
	=	170.47	/	( ( (1977.652 - 1007.96)	+	(2038.512 - 1048.841) )	/ 2 )
	=	170.47	/	( (969.692	+	989.671)	/ 2 )
	=	170.47	/	979.6815
	=	17.40 %

Sharat Industries's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	271.9	/	( ( (2343.557 - 1156.578)	+	(0 - 0) )	/ 1 )
	=	271.9	/	( ( 1186.979	+	0 )	/ 1 )
	=	271.9	/	1186.979
	=	22.91 %

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

Sharat Industries (BOM:890207) 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.

Sharat Industries ROCE % Related Terms

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Sharat Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sharat Industries Ltd (BOM:890207) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

519397:India

Address

No. 57/11, First Main Road, Flat No.4, Third Floor, Pallavi Apartments, HDFC Bank Compound, R.A. Puram, Chennai, TN, IND, 600 028

Website

http://www.sharatindustries.com

Sharat Industries Ltd is engaged in the integrated aquaculture business and related activities. The company engages in shrimp hatchery, culture, and feed and shrimp processing and exports business. It produces raw and cooked frozen-shrimps that include Raw White Shrimp and Cooked White Shrimp. All the operations of the company are located in India.

Sharat Industries Headlines

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