Berger Paints India (NSE:BERGEPAINT) ROCE % : 24.14% (As of Sep. 2024)

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What is Berger Paints India 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. Berger Paints India's annualized ROCE % for the quarter that ended in Sep. 2024 was 24.14%.

Berger Paints India ROCE % Historical Data

The historical data trend for Berger Paints India'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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Berger Paints India ROCE % Chart

Berger Paints India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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30.04

28.94

28.50

26.98

29.73

Berger Paints India 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															30.41	30.97	20.77	32.04	24.14

Berger Paints India ROCE % Calculation

Berger Paints India'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 )
	=	16351.4	/	( ( (79671.7 - 29745.5)	+	(83686.6 - 23625.1) )	/ 2 )
	=	16351.4	/	( (49926.2	+	60061.5)	/ 2 )
	=	16351.4	/	54993.85
	=	29.73 %

Berger Paints India'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 )
	=	15006.4	/	( ( (0 - 0)	+	(88808.2 - 26653.8) )	/ 1 )
	=	15006.4	/	( ( 0	+	62154.4 )	/ 1 )
	=	15006.4	/	62154.4
	=	24.14 %

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

Berger Paints India (NSE:BERGEPAINT) 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.

Berger Paints India ROCE % Related Terms

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Berger Paints India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Berger Paints India Ltd (NSE:BERGEPAINT) » Definitions » ROCE %

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509480:India

Address

129, Park Street, Berger House, Kolkata, WB, IND, 700 017

Website

https://www.bergerpaints.com

Berger Paints India Ltd manufactures and sells a variety of paints, coatings, and sealants. The majority of the company's revenue comes from the sale of decorative acrylic paints used for interior and exterior housing, wood coatings, primers, thinners, and putties under the Berger brand name. The company also sells industrial paints to the automotive industry as well as protective and powder coatings used to protect steel, concrete, furniture, hospital items, and garden tools. All the revenue comes from India.

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