The Anup Engineering (NSE:ANUP) ROCE % : 23.26% (As of Dec. 2024)

View and export this data going back to 2019. Start your Free Trial

What is The Anup Engineering 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. The Anup Engineering's annualized ROCE % for the quarter that ended in Dec. 2024 was 23.26%.

The Anup Engineering ROCE % Historical Data

The historical data trend for The Anup Engineering'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.

* Premium members only.

The Anup Engineering ROCE % Chart

The Anup Engineering Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

20.09

17.91

16.25

15.83

22.73

The Anup Engineering 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															21.59	25.84	21.58	26.96	23.26

The Anup Engineering ROCE % Calculation

The Anup Engineering'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 )
	=	1179.437	/	( ( (6429.146 - 1631.106)	+	(8084.308 - 2505.052) )	/ 2 )
	=	1179.437	/	( (4798.04	+	5579.256)	/ 2 )
	=	1179.437	/	5188.648
	=	22.73 %

The Anup Engineering'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 )
	=	1341.668	/	( ( (8720.043 - 2952.925)	+	(0 - 0) )	/ 1 )
	=	1341.668	/	( ( 5767.118	+	0 )	/ 1 )
	=	1341.668	/	5767.118
	=	23.26 %

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

The Anup Engineering (NSE:ANUP) 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.

The Anup Engineering ROCE % Related Terms

Thank you for viewing the detailed overview of The Anup Engineering's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

The Anup Engineering Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » The Anup Engineering Ltd (NSE:ANUP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

542460:India

Address

Odhav Road, Behind 66 KV Electricity Sub-Station, Ahmedabad, GJ, IND, 382415

Website

https://www.anupengg.com

The Anup Engineering Ltd is engaged in the manufacturing and fabrication of process equipment required for chemicals, petrochemicals, pharmaceuticals, fertilizers, drugs, and other allied industries. The Company's business activity falls within a single operating business segment of Engineering products. The products offered by the group are Dish ends, Industrial centrifuges, Static process equipment, and others. It has a business presence in India and other countries, of which key revenue is derived from India.

The Anup Engineering Headlines

No Headlines