Annapurna Swadisht (NSE:ANNAPURNA) ROCE % : 26.01% (As of Sep. 2023)

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What is Annapurna Swadisht 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. Annapurna Swadisht's annualized ROCE % for the quarter that ended in Sep. 2023 was 26.01%.

Annapurna Swadisht ROCE % Historical Data

The historical data trend for Annapurna Swadisht'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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Annapurna Swadisht ROCE % Chart

Annapurna Swadisht Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

ROCE %

26.74

23.79

29.39

Annapurna Swadisht Semi-Annual Data
	Mar20	Mar21	Sep21	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial			-	59.94	13.56	22.89	26.01

Annapurna Swadisht ROCE % Calculation

Annapurna Swadisht'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 )
	=	114.833	/	( ( (308.261 - 188.963)	+	(1118.033 - 455.776) )	/ 2 )
	=	114.833	/	( (119.298	+	662.257)	/ 2 )
	=	114.833	/	390.7775
	=	29.39 %

Annapurna Swadisht's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	224.024	/	( ( (1118.033 - 455.776)	+	(1561.634 - 501.065) )	/ 2 )
	=	224.024	/	( ( 662.257	+	1060.569 )	/ 2 )
	=	224.024	/	861.413
	=	26.01 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

Annapurna Swadisht (NSE:ANNAPURNA) 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.

Annapurna Swadisht ROCE % Related Terms

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Annapurna Swadisht (NSE:ANNAPURNA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Annapurna Swadisht Ltd (NSE:ANNAPURNA) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Jawaharlal Nehru Road, Chatterjee International Building, 13th Floor, Unit No. A01 and A02, 33A, Kolkata, WB, IND, 700071

Website

https://www.annapurnasnacks.in

Annapurna Swadisht Ltd is a manufacturer of snacks and food products, namely, Fryums, cakes, candy, namkeen, chips, and Gohona Bori. It sells more than 12 Lakh packets of products daily. The company's products are marketed under its own brand names Jackpot, Chatpata Moon, Balloon, Finger, Rambo, Makeup Box, Dhamaka, Phoochka, Jungle Adventures, Ringa, Bachpan Ka Pyaar, Kurchure, Cream Filled Cake Vanilla, Cream Filled Cake Litchi, among others. The company operates only in one segment, namely the manufacturing of food products.

Annapurna Swadisht (NSE:ANNAPURNA) Headlines

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